Frequently Asked Questions
Is a career in real estate right for me?
Real estate agents are a very diverse group, hailing from a wide variety of personal and professional backgrounds. For many, real estate is a second or third (or fourth!) career, while others start right out of school. Nonetheless, most agents ultimately enter the business for at least one of the following reasons:
Unlimited earning potential
Freedom of schedule
Desire to help people
Opportunities to invest in real estate
Being an agent, however, isn't for everyone. In most situations, real estate agents are much more like small business owners than employees, and must be prepared to take on that level of responsibility for their success. Successful agents have a strong work ethic and great accountability, as well as the ability to interact positively with a wide range of other personalities.
How do I earn a real estate license?
In order to represent a client in a real estate transaction, you must have an active real estate license in your state. While the exact requirements for obtaining a license will vary state to state, the overall process can be summed up as follows:
Complete a state-approved real estate course
Pass the state licensing exam
Activate your real estate license
For details on the process in your area, contact your state's licensing agency.
What happens once I earn my license?
After you pass the state exam, you can hang your license with a real estate firm and begin working as an agent. Some people opt to begin the interview process before they finish their coursework, in order to get started as soon as possible after passing the exam, while others prefer to focus on the exam before worrying about where they'll work.
Once you're on board with an office, the majority of your time will be spent setting up your business systems and marketing, along with completing certain new agent training programs. The rest of your time will be devoted to the hardest part of being an agent: finding clients. When you do get a listing or a buyer, you'll work to meet their needs and successfully close the transaction, then repeat for your next client.
Am I required to work for Windemere if I go through your program?
Not at all! We'd be flattered, of course, if you were interested in being a Windermere agent, but the license you earn after completing our program allows you to work with whatever firm you choose in your state.
If you do want to interview with a Windermere office, click here to schedule an appointment with a member of our recruiting team, and we'll help introduce you to a manager in your area.
Can I keep my current job and do real estate part-time?
Though there isn't anything to prevent someone from practicing real estate in their spare time or as a supplemental source of income, the best way to build a successful career in the profession is to devote a full-time effort to it from day one.
There is a lot of work that goes into setting up a real estate business, and for most people, the sooner that work gets completed, the sooner they start earning commissions. Many people who enter real estate part-time never get over the "hump" of fully setting up a sustainable business model, and are either unproductive for a long time and never able transition to full-time, or quickly drop out of the business entirely.
That said, the costs of getting started in real estate can be daunting, as can the risk of receiving entirely commission-based compensation. We understand that maintaining a cash flow is necessary for many candidates to get off the ground, though we encourage them to have a strong plan to transition to being full-time real estate professionals as soon as they are able.