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The Benefits of Studying for an Additional Real estate License

By
Industry Observer with Metro Referral 99492

Have you ever thought of getting a RE license for one other state and gave up because you thought it is too complicated a process? 

After my daughter moved to Florida, I decided that I should have a Florida license.  I did not hesitate and went for it!

At the end of July, I started an online Real Estate course for the Florida license.  I have almost completed the 63 hours of reading, exercises quizzes and tests.   I am certain it has taken longer than the required hours.  When I am done, I can take the state Real Estate test.

Here are the benefits:  I can study when it is convenient for me, and do not need to be in Florida for the courses.  I can even take the test in DC or MD.

After working as a real estate agents in NY, MD, DC and VA for many years, I find this course very useful. This is a complete review of everything I learned and much of what I have forgotten. The forgotten information is the kind I did not apply in my work. Mostly, the myriad of calculations such as tax rates, payments on notes, etc.  I seldom if ever had the reason to deal with it, as the mortgage lenders would handle this aspect with the buyers.  I can see how knowing the information would be useful.

I find it refreshing to learn new things and enjoy the moments when I realize the different ways in which we are taught to practice real estate here and the way the Florida tests suggests we should in Florida.  One example, is the attitude towards the over priced listing.  The correct test answer is: "Do not take it".  This is not how we are encouraged to handle such a situation.  I would rather educate the clients, instead of giving up on them.  But on the test, I will mark the answer they expect.

Another great benefit of this project, is how sharper I feel and how good it feels when I go over the tests and I know the newly learned facts!

If you have thought about acquiring a new license, I would say go for it.  You will be glad you did!

 

 

Comments(4)

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Chandler Real Estate Liz Harris, MBA
Liz Harris Realty - Chandler, AZ
#ChandlerRealEstateAgent

Just curious on all the fees to keep the license up in a second state???

Aug 31, 2011 03:32 PM
Lora "Leah" Stern 914-772-4528
Coldwell Banker, 170 N Main Street, New City NY 10956 - New City, NY
Real Estate Salesperson

Simone, Way to go, girl!  This will give you an added reason to go visit your daughter.  You'll be combining the visits with b usiness!

Aug 31, 2011 04:03 PM
Simone Bercu
Metro Referral - Palm Beach Gardens, FL
Not state specific Real Estate - GRI, e-PRO, AB

Liz, when I first discussed the fees with a Miami Beach brokerage, the manager quoted $600 or less.  But based on my experience, I know to expect higher expenses than I am told.  The course cost $299, including all the studying material that were shipped to me.

Leah, thanks. I am getting it because I plan to spend significant time in the winter...what would I do there if I cannot work a "little", too.

Sep 01, 2011 03:13 AM
Simone Bercu
Metro Referral - Palm Beach Gardens, FL
Not state specific Real Estate - GRI, e-PRO, AB

I do have licenses in DC, and VA.  I do not expect to do any business in Pennsylvania. But, I plan to spend the winter in Florida, and my family will be buying and selling there.

 Right now it makes sense, if the expense cannot be justified, I will put it in referral.

Thanks for your suggestion Russel.

 

Sep 23, 2011 06:16 AM