How to Quit Your Job and Start a Real Estate Career

Written by Yuri Khlystov Posted On Monday, 23 May 2022 12:51

Feeling stuck in a job that does not suit your lifestyle and preferences can be a very suffocating feeling. Often, finding it in you to quit your job can be challenging enough in itself. Planning a career to come afterward is an entirely different stressful entity. 

Managing both of these tasks at the same time can be pretty overwhelming. Read on to find out how to approach both of them by respectfully quitting your job to start a new career in the rewarding field of real estate.

Quitting Your Current Job

You should be your own priority. If your current job does not serve you well for physical, financial, or emotional reasons, it may be time to leave for something better.

When it comes to the professional world, you want to be wary of burning bridges. You should aim to make your exit from your present job courteous. Check out a guide on how to quit your job for a few great ideas on how to go about leaving the business you work for respectfully.

Once you have quit your job, it is time to start weighing your options for a new career.

Reasons to Build a Real Estate Career

A career in real estate is an excellent option for people willing to put in a lot of hard work to reap the benefits. If any of the following perks appeal to you, then you will want to consider a real estate career:

  • You get to be your own boss
  • There is ample opportunity to earn a high salary
  • The work is fulfilling. You are helping people to make significant changes in their lives
  • The licensing procedure may not consume as much time as many other professional licensing processes. 

 

Once you have decided that a career in realty is the best course of action, it is time to take the proper steps to make it happen.

Evaluate the Necessary Job Skills

When it comes to starting a new career, you should ensure that you have developed the proper skillset before you begin working. This skill set includes both hard skills and soft skills. A hard skill is a specified ability, and someone’s proficiency in a hard skill can often be measured, such as being able to work with a specific programming platform. A soft skill is a core skill that is invaluable to all fields, like being communicative and a team player.

There are a variety of soft skills that are necessary to work in real estate. Communication, negotiation, understanding social cues, personability, and tactfulness are a few essential qualities. 

To acquire the necessary hard skills for the real estate trade, a candidate should pay close attention to their training and studying while undergoing the licensing process.

Specific hard skills that a candidate must possess to work as a real estate agent will include know-how in property rights and property taxes, titles, deeds, ownership laws, zoning/environmental laws, and proper market analysis.

Steps to Getting Your Real Estate License

Now that you have quit your job and considered which personal attributes you will be growing on to start your next career, it is time to begin looking at the logistics. Below, find the steps you need to take to become a real estate agent.

Check Your State’s Guidelines 

Different states have different requirements for what it takes to be a practicing real estate agent. Age restrictions may apply, or a specific educational degree might be required. In most states, background checks and fingerprinting are surely going to be on your to-do list. 

Take a Real Estate Pre-Licensing Course

Before sitting for the real estate license exam, you will need to take a course that will provide you with the necessary knowledge and skills to pass your exam and flourish as a working real estate agent. 

Courses are generally available online or in person. There is usually a minimum number of hours spent in the course required to take the exam, but that will depend on the state that you are in, with a potential range of 20 hours to 200 hours. 

The cost of a course will also vary according to the state, but the estimated cost is around $350. 

Take the Real Estate Licensing Exam

The next step to reaching your realty goal is taking the multiple-choice exam. Just as cost and minimum course hours vary from state to state, the number of questions on the exam, the time you have to complete them, and the amount of time it will take you to receive your score will also vary. 

If you fail the exam on your first go, don’t worry too much. You will have the opportunity to retake it. After you pass the exam, you will be able to activate your real estate license and work as an agent. 

How Long Does it Take?

You may find yourself wondering how much time you will have to invest for success in this new career. After you decide to quit your job, the range of how long it will take you to earn your license is between five weeks and five months. You may prolong this period depending on whether or not you pass the initial exam.

Final Word

Quitting your current job to pursue a new and more personally fulfilling career can be a very daunting endeavor. Moving on to the career of your choice starts with leaving your present career with poise and respect.

Once you have secured your freedom to move forward with your real estate license, you should look into the general guidelines that your state follows. 

These guidelines will determine the overall cost that will come out of your pocket to take the pre-licensing course and the real estate license exam, as well as the time that you will spend on both the course, the test itself, and the process in general.

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