7 Steps to Find the Best Real Estate School For You

Posted On Friday, 08 December 2023 10:10

The very first step after you decide you want to become a real estate agent is to find a real estate school. That’s harder than it seems on the surface because there are a lot of schools out there vying for your money.

How do you find the best online real estate school or in-person real estate school?

Here are our top tips for finding the best school for you:

     •  Decide between in-person or online classes
     •  Make sure it's approved by your state's real estate division
     •  Check for accreditation
     •  Find out if it’s taught by licensed agents and brokers
     •  Look for enrollment numbers and pass rate
     •  Ask if actual real estate practice questions are being used
     •  Compare prices

Decide Between In-Person or Online Classes

You first have to decide if in-person or online classes are best for you.

Online learning is effective, but that doesn’t mean it’s right for everyone. If you find it difficult to be a self-directed learner and you need the structure of traditional education, you may want to look for in-person classes.

You don’t necessarily have to choose between in-person or online classes, though. Some programs offer hybrid programs that enable you to get the best of both worlds. Others are all online, but they offer virtual discussion sessions so you can still interact with other classmates and your teachers.

Make Sure It’s Approved By Your State’s Real Estate Division

Every state is a little bit different when it comes to licensing requirements. You don't want to get through your course only to find out that the classes you attended had outdated information on your state's pre-licensing education requirements.

Research the history of the school you're interested in and take the time to confirm that the school is approved by your state’s real estate division.

If you’re having a hard time finding the information you’re looking for online, give the school a call directly. If you find it difficult to get in contact with someone at the school who can answer your questions, take it as a sign that you should try another program.

Check For Accreditation

Not only should you take the time to make sure that the school is approved by your state’s real estate division, you should also make sure that it’s accredited. This proves that the classes you are about to take will actually lead to a usable certificate.

There are ways you can verify the accreditation status of schools you’re interested in online. Steps include:

     •  Check the school’s website, as most state their accreditation status proudly
     •  If accreditation is listed, look into the agency that did the accrediting to see what their standards are
     •  Research the school's reputation by looking up reviews online

Find Out if It’s Taught by Licensed Agents and Brokers

Who teaches the course is an important consideration. Those teaching should be currently licensed agents and brokers.

Licensed teachers know the subject matter, and because licenses have to be renewed, you can feel confident knowing that they are up-to-date on all the latest information.

Having licensed agents and brokers also means they have real-world experience. There’s a lot you can learn from actual agents who have experience working with real-life clients to sell different kinds of properties.

Look for Enrollment Numbers and Pass Rate

You can learn a lot from a program’s enrollment numbers. High numbers can indicate a school has been around for a long time. They can also mean that they’re well-known and students are excited to enroll. These are good signs that you’ve found a good program.

You should also look up the pass rate. After all, it doesn’t matter how many students are enrolled if most of them don’t pass. The best schools will actively look for ways to raise graduation rates, and studying with a program that actively looks for ways to support their students to graduate can boost your chances of actually graduating yourself.

Both of these numbers are a good general indication of the quality of the program as well. You can expect classes to be engaging and information to be up-to-date if many students have used and graduated from the class in the past.

Ask if Actual Real Estate Practice Questions Are Being Used

A class is supposed to help you learn enough that you can pass the real estate agent exam. That means learning laws and regulations, as well as strategies for selling houses.

One of the best ways to prepare yourself to take the test is to take a practice test. It’s even better if questions that have been on the exam in the past are naturally woven throughout the course. That way you naturally learn what is going to be on the test.

Find out if questions that were actually on the test are being used throughout the course material. Not only will it help ensure that you're exposed to the right information, but it will also give you a better chance of retaining that information. Not to mention, it also gives you the ability to familiarize yourself with the test-taking experience.

Compare Prices

There are quite a few programs online and in person that offer real estate classes. If you have your eye on a few, see how much they cost. Look to see if one is wildly expensive or if one is just too cheap to believe. It could be an easy way to cross at least one school off your list.

You should also look to see if they offer payment plans. Just make sure you look into possible fees as well. Some programs offer payment plans, but they charge extra fees that you might want to avoid by paying for the course outright.

If you think the world of real estate is the right career choice for you, make sure you choose a school that will give you the knowledge you need to be successful. Follow the tips on this list to find the right school, study hard, and you could start your real estate career sooner than you think!

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