How much money can I make
as a Real Estate agent?
Real estate licensees, typically brokers, work in different areas of the real estate industry, including property management, investment counseling, appraisal, and training. The real estate license “opens the door” to many careers in the real estate field.
The State of Indiana requires a licensee to be a minimum of 18 years old. Some very successful agents are in their 70’s. In this business, there is no age discrimination. It is the person’s ability and desire to succeed that determine how well they will do. As long as you have determination you can do anything!
Most of the real estate brokerages in Indiana hire new licensees. We work with a number of real estate brokers who do and will make your name available to Brokers if you wish. You can also search online and call any broker – let them tell you about their career opportunities.
As a Real Estate agent, will I be an employee or a contractor?
Why would I be interested in
a career in Real Estate?
Can you guarantee that I will be successful in Real Estate sales?
The state of Indiana requires an applicant for a real estate license to be at least 18 years of age, complete a state approved real estate pre-licensing course of 90 hours, which includes 3 exams with a passing score of 75%, and then pass the state exam, also with a passing score of 75%. Some other conditions apply – see your broker or call our office for details.
How do I begin my career?
Click on the 'Sign Me Up' button below or scroll your way up to the 'Courses Offered' button listed along top. Select the 'Details' button next to the date that works best for you. Follow the steps to register, download and complete the appropriate Enrollment Form. You can email the completed form to firstname.lastname@example.org or simply bring it with your on the first day of your class along with your payment. Information is secure and your place in class will be assured. We will send you confirmation of your registration prior to the start of class once we receive your registration email. Payment is not expected until the first class session. All students are required to register online.
You are the only one who determines how successful you will be, but the first step for your success in this field is getting your license by calling IREI today! 317-888-3000
What if I don't like selling real estate?
Are there investment opportunities for me as a real estate agent?
Will I be able to get a job?
I think I may be too young or too old to sell real estate. What should I do?
What are the qualifications for obtaining a real estate license?
Real estate agents do have personal lives too! This means that they take time off for vacations and holidays. Also, agents are independent contractors so they have a choice on how often and how much time they work. Because agents work on commission, they try to schedule time off around their business obligations. But then again, so do most people.
That depends on your goals and your broker’s needs. As a real estate agent, you work with the public and make appointments at times convenient to everyone. This may be during the day, in the evening and may include weekends. The hours you work are largely up to you. It depends on what you need to succeed.
In real estate sales, raises are generally built in for two reasons. Typically, the value of real estate increases over time. Because you are paid on commission, as the sale prices increase, your commissions will increase, too. Because you are paid on volume, the longer you are in the business, the more contacts and referrals you will develop. As the volume of your sales increases, so will your income.
That depends on you. Real estate agents are paid a commission based on closed sales. The greater your volume in sales and listings, the higher your income will be. The smarter you use your time and efforts in your career, the more financially successful you will be.
Selling real estate can be financially rewarding as well as a personally satisfying career. As a real estate professional, you will work with the public and help them achieve their housing needs. While some people are selling their current homes and buying new ones, many are first time buyers. If you like to work with people and help them, while earning a financially, psychologically and emotionally rewarding living, this may be the right career for you.
Typically, real estate agents are contractors. This gives them a lot of freedom to determine how to do their job and how to be successful. But, because real estate agents work for a broker, the agent usually receives training and guidance from the broker while working within the office policies and guidelines.
Indiana Real Estate Institute
2536 E. STOP 11 ROAD
INDIANAPOLIS, IN 46227
What kind of hours will I
be expected to work?
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How about raises?
How do I get them?
12 QUESTIONS TO ASK
BEFORE BECOMING A REAL ESTATE AGENT
As a real estate agent, you will become familiar with property values in areas where you work. You will also become aware of properties as they are first listed. This may give you an advantage over other investors who are not in the business.
What about time off?
Do I get vacations?