Who must obtain a Real Estate Salesperson License?
This license is required for any person to perform any act in real estate for compensation or in expectation of compensation. This license is required for individuals employed by real estate brokers as salespersons under the direct control and supervision that broker. A license may be obtained by a person who does not immediately intend to be employed by a broker; however, no real estate activity may be performed until that person is employed by a licensed real estate broker. This license authorizes real estate activity only if the salesperson is in the employ of a licensed real estate broker. It does not authorize the salesperson to act as an independent agent.
How do I become a salesperson?
MINIMUM REQUIREMENTS TO APPLY FOR SALESPERSON EXAMINATION
Age: No restrictions. However, to apply for the salesperson license a person must be 18 years of age.
Honesty: License applicants must be honest and truthful. Conviction of a crime, that is either a felony or involves moral turpitude, may result in the denial of a license. The failure to disclose any felony may also result in the denial of a license..
Education: As of October 1, 2007, original salesperson examination applicants will be required to complete 3 courses before applying for the State Exam: Real Estate Principles, Real Estate Practice and one additional elective course. Each course must be three semester units, (or quarter unit equivalent) college-level, with a passing grade. While RE Principles and RE Practice are mandatory, the student may select the elective course of their choice from the following list of courses:
|Legal Aspects of Real Estate
||The courses in bold type are offered by Clare Institute, both as Online and Home Study courses.
|Real Estate Appraisal
|Real Estate Finance
|Real Estate Economics
|Real Estate Office Administration
|Computer Applications in RE
|Common Interest Developments
Quite often we find that people have a course from a past college degree that will satisfy the elective course requirement. The most common courses people seem to already have, normally from their lower division college credits, are General Accounting, Micro or Macroeconomics, and Business Law. As long as you can furnish official proof of completion, it does not matter how long ago these courses were taken. If you have questions, please feel free to call our office.
Experience: None required.
You must also pass the real estate salesperson examination held by
the Department of Real Estate with a passing score of 70% or better.
What are the license fees?
What may I do with a salesperson license?
The following are examples of careers that require a salesperson license. Remember you must be employed by a broker to work in these fields.
- Residential Sales
- Commercial Sales
- Property Management
- Mortgage loan brokerage
HOW SALESPERSON PRE-LICENSE COURSES WORK
All of the courses offered at Clare Institute meet the education requirements for the CA Department of Real Estate. Our pre-license package features Real Estate Principles, Real Estate Practice, and one other course from a designated list. We offer online courses or textbook based courses with the benefit of online chapter quizzes, online final examinations, and Personal Instructor Support.
2 Online Courses - $154, plus shipping
We offer Real Estate Principles, Real Estate Practice, Real Estate Finance, Legal Aspects of Real Estate, Real Estate Appraisal, Office Administration, Property Management, and Real Estate Economics as online courses that are available in 2 different formats.
Online Format #1:
Online Course with all Text/Reading, Homework & Final Exams Online
Our new online courses are delivered entirely over the Internet through an engaging and interactive format. All reading, quizzes & the final exam are done online.These new online courses use the same high-quality content you would expect from a college level textbook, without having to carry it around. It is all online at your fingertips!*
*While physical textbooks are not necessary they may be ordered as a back-up to the online courses for an additional $20 each, plus shipping.
Features of the Format #1 Online Course:
Start immediately upon enrollment
Keeps track of your progress
Brings you back to where you left off
Final examination online - Open book
Finish in only 2 1/2 weeks per course
Glossary of real estate terms in text and audio
Links to real estate-related web sites
Instant graded responses
Personal instructor support
Toll free technical support
Online Format #2:
Traditional Course Online with a Physical Textbook, the convenience of an Online Companion, OL Quizzes & OL Final Exam
Our traditional correspondence course includes a Written/Physical textbook with the benefit of online homework and online final examination. The online portion of the course provides a place to submit chapter quizzes and, best of all, take your final examination online, at home.
Quizzes and final exams are graded instantly on your screen and posted to your private student records.
Online Pre-License Course Packages
Format #1: One Single Online Course with Textbook/Material OL - $89*
*While physical textbooks are not necessary for Format #1, they may be ordered as a back-up to the online courses for an additional $20 each, plus shipping
Format #2: Traditional Courses with Shipped Textbook - $89, plus shipping
- Real Estate Principles Online (purchase) $89
- Real Estate Practice Online (purchase) $89
- Real Estate Finance Online (purchase) $89
- Legal Aspects of Real Estate Online (purchase) $89
- Real Estate Appraisal Online (purchase) $89
- Real Estate Economics (purchase) $89
- Real Estate Office Administration Online (purchase) $89
- Property Management Online (purchase) $89
- Escrows Online (purchase) $89
- Real Estate Principles (purchase) $89, plus shipping
- Real Estate Practice (purchase $89, plus shipping
- Real Estate Finance (purchase) $89, plus shipping
- Legal Aspects of Real Estate (purchase) $89, plus shipping
- Real Estate Appraisal (purchase) $89, plus shipping
- Real Estate Economics (purchase) $89, plus shipping
- Real Estate Office Administration (purchase)$89,plus shipping
- Property Management (purchase) $89, plus shipping
- Escrows (purchase) $89, plus shipping
3 Online Courses - $219, plus shipping
You also may call Clare Institute to enroll @ 619-794-0055.
STATE EXAM PREP COURSE
Our State Exam Prep Course (also know as the "Crash Course") is strictly optional, but highly reccommended! Pass the State Exam the first time you take it!
- State Exam Preparation - Click here for description