Real estate is a rewarding, interesting, and versatile career. But it does come with lot of responsibility. Real estate agents represent property buyers and sellers throughout a sales transaction, which requires a commitment to a high level of ethics and accountability. So, before you can start a career in real estate, state regulatory agencies require you to pass real estate courses and licensing exams.
In this blog post, we will go through the requirements you have to meet to obtain your Alabama real estate license as well as tips on how to pass your test.
Alabama Real Estate License General Requirements
Like many states, Alabama has a list of requirements for those who are interested. These are:
- Be a citizen of the United States or a lawful permanent resident
- Must also be 19 years old
- Must be able to show proof of residency within the state of Alabama
- Be able to prove that he graduated from high school or have a GED
- Must pass a background check that shows evidence of no felonies
- Must not have had a real estate license or application rejected/revoked within the past two years
Candidates who have an up-to-date license in a different state, however, are eligible for a reciprocal license with the submission of application along with the “Certificate of Licensure” from that other state.
Alabama License Course Requirement
The real estate license exam costs $71 to take and is administered by Applied Measured Professionals. The actual license fee is $170 for the first couple of years.
The exam will test the majority of what was covered in your courses. The manner in which you prepare will dictate how you perform on the test. Do not attempt to pass the real estate license exam without the proper support. If you have any concerns regarding the test material or your level of preparation, reach out to the experts for assistance.
Each candidate is required to complete 60 hours worth of pre-license Alabama real estate courses. Your license won’t be considered active unless you complete these courses and your license is issued within six months of the course completion date.
Also, those who obtain a real estate salesperson license are required to complete a 30-hour real estate agent training course within the first year of licensure. From there, they must enroll in continuing education for 15 clock hours worth of classes every two years in a real estate school that is approved by the Real Estate Commission. The Alabama Real Estate Commission has approved only a list of specific schools to teach the material required to become a licensed real estate agent.
Here are some advice and tips to help you pass the real estate licensing exam.
Preparing To Get Your Real Estate License
The best way to do well on the exam is to focus, put in the effort, and ace the real estate course. Take notes, review lessons that give you trouble, and do all the activities and worksheets. The more you engage with the material, the more you’ll remember during the exam.
Learn about the Exam
You know what’s going to be on the test: the material that was covered in the pre-license course. A great resource is the candidate handbook or information booklet the department of licensing or exam administrator provides online. You’ll find a wealth of information, such as:
- Examination administration guidelines
- Exam rules
- Testing system information
- Exam study materials
- Exam content outlines
- Test-taking tips
- Sample questions
- Scheduling and registration procedures
Review What’ll Be on the Exam
The candidate booklet will tell you exactly what topics the questions will address and maybe even how many questions per topic. Review the pre-license course materials, take notes, and highlight key concepts such as:
- Agency Relationships
- Real Property Ownership/Interest
- Real Property
- Property Valuation
- Fair Housing
- Property Management
- Real Estate Calculations
- State statutes governing the licensing and activities of licensees
Memorize the Basics
There are certain basic real estate facts that will be on the test. Most real estate licensing exams have a national portion and a state portion. If you can, go back and review the state-specific part of your pre-license course.
Make sure you know the big real estate facts by heart. There will be math, so memorize the formulas to solve common real estate calculations such as profit and loss, mortgage interest, down payments, commissions, and closing prorations.
Take Practice Exams
There are many exam prep books and online courses that help you practice for the real thing. Some online pre-license courses include practice exams, so take advantage of them.
You can gauge your strengths and weaknesses, pinpoint sections you need to focus on, and get familiar with the time allotted, the types of questions, and how questions are worded. Plus, it will help you feel more confident and defeat test stress during the exam.
Basic Test Taking Tips
Read the question carefully, multiple times if necessary, to ensure you know exactly what it is asking. First, think of the correct answer to the question before looking at the answer choices. Then read each answer choice. Some tips on choosing the right answer include:
- Eliminate choices that are obviously incorrect to narrow it down.
- The positive answer is more likely correct than a negative choice.
- Don’t automatically avoid “none of the above” and “all of the above.”
- The longer answer, within reason, is often correct.
- Common prefixes, suffixes, and word roots can help you figure out words you don’t know.
- Keep an eye out for grammatical clues: subject/verb agreement and “a” vs. “an” may hint at the correct answer.
If it’s possible, answer the questions you’re confident about first and then go back to the ones you skipped and see if you can pick out the correct answer.
Prepare emotionally to take the exam. Recognize the signs of anxiety such as sweating, increased heart rate, and shortness of breath. This can sabotage you, leading to poor concentration, confusion, and negative attitudes. Avoid negative self-talk that can distract you.
Practice breathing and muscle relaxation techniques before the test. Visualize yourself in a room full of people with a proctor watching. Knowledge about the situation can help you relax.
If you’ve researched the exam, studied the topics, and prepared yourself emotionally, you are ready to take the exam. Believe that you will pass the test; that and preparation will increase your odds of passing the licensing exam.
360training.com offers Alabama real estate pre-licensing courses to help you get on your way to a real estate career. When you take your courses through 360training.com, you get access to our expert team of staff who are committed to your success. Get started on your career today.