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May 29, 2008

How To Become A Realtor
I recently interviewed our Realtor recruit specialist and Realty One Real Living Lakewood office manager, Rich Barber regarding becoming a Realtor in the Cleveland, Ohio area. I thought it would be useful since many new real estate agents in Cleveland started out by finding this website. We're currently looking for a few good agents so if you're interested in joining our team and the best company in Ohio, Realty One Real Living, we'd like to help you and hear from you. You can contact us here. I asked Rich to answer some of the questions people ask about becoming a Realtor:

What are the main questions people ask when considering a career in real estate?

Most people ask about the real estate courses and classes and are nervous since they haven't been in school for years. The majority of the classroom is filled with people of the same thought. They also question the prices and cost to become a real estate agent. Working part-time is another question considering many real estate agents have other jobs at least temporarily during their first year/years. Working part-time in real estate is definitely feasible. Many also ask about the time frame in which it takes to complete real estate courses and get their real estate license. If you go through Hondros College for your real estate courses, you could be in the office and working within about a month!

What does it take to get your real estate license in Ohio?

In the state of Ohio, the requirements are 120 hours of real estate classes including:
  • 40 hours in Principals and Practices of real estate
  • 40 hours in real estate law
  • 20 hours in real estate appraisal
  • 20 hours in real estate finance
  • You must obtain sponsorship from a broker or real estate company in Ohio by the time you file your application with the Ohio Division of Real Estate.
Once you successfully pass the Ohio real estate state exam, you will receive your real estate sales license. Within one year of being licensed you must complete a 10 hour post-licensing course. Realty One helps with the 10 hour class.

How much does it cost to take real estate classes and to get your real estate license?

If you take your real estate courses at Hondros College in Independence Ohio, the total package is $1299. This includes the crammer course and 10 hours of post real estate licensing class. You can purchase a package for less and not include those two. Taking real estate classes at Tri-C or Cleveland State costs around $700 but take a bit longer than Hondros. Once you've completed the classes, there's a state exam application fee of $49. A testing center fee of $59 and MLS board fees of $350 which are divided into six month payments. Considering your first commission check will likely be in the thousands, it is a great and wise investment.

How much money can a Realtor make selling real estate?

It's endless really. You earn as much as you work toward. I like to help my agents set goals for both their business and personal achievements. I help my agents make short and long term plans in order to better guide them and help them obtain their real estate goals. The average agent earns somewhere between $25,000 and $35,000 per year in the Cleveland, Ohio market. I've seen new real estate agents earn six figures in their first year though and I've also seen agents earn less than the average. Again, it depends on your willingness to work and the effort you put in. It's your business so only you can decide.

Why should someone work at the Cleveland/Lakewood office of Realty One Real Living?

We have a helpful staff that is always here for you and a sales manager that is available seven days a week. If there's ever an issue, trust knowing you're guided constantly. New agents need support and help. Many other brokerages outside of Realty One Real Living work more independently and offer less to new agents. Our office is newly remodeled and up to date with technology. It's also conveniently located near I-90 and access to all the Cleveland suburbs and downtown Cleveland is easy. We're a fun group of Realtors and the office atmosphere is upbeat and helpful.

What are the best benefits to being a real estate agent/Realtor in Ohio?

The best benefits of being a Realtor is that you can truly be your own boss and work the hours that you want to work. Many people with families or other jobs find the flexibility really helpful. Being a Realtor, you can also make as much money as you want. You get out what you put in. If you have a passion for what you do, it's not working at all.

What makes you a good real estate office manager?

I have been selling real estate for half of my life, 22 years. I have enjoyed managing for over 10 years. I am still learning everyday. I have been through many changes and my experience can be valuable to an agent. I've helped many new agents sky rocket in their real estate careers and I find it fun and challenging. If there's ever a question, need or concern, you can always come to me and know that I have your best interest at heart. I enjoy what I do and look forward to helping many new real estate agents grow and succeed.

In addition to the questions and answers above about becoming a Realtor in Ohio, we also have a very informative page dedicated to this that can help guide you and answer more of your questions and explain the process. Be sure to visit our Become A Realtor in Ohio page and contact us if you're interested or need further assistance. We have offices in almost every city of Ohio and are networked with Hondros college and Tri-C. Call or email us anytime.


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