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Prices are dependent upon the course that you take. Please call for pricing information.
You must take the 72-hour national and state portions of the pre-license classes, be fingerprinted and pass a background check, pass a state-approved exam within 6 months of completing your course.
You can miss a small percentage of the total class time, however, there is so much material covered in such a short time that it can add to the challenge of passing your exam.
Yes, although the face-to-face classes provide you a better opportunity to ask questions, have more personal interaction with an instructor and hear personal stories and examples from an instructor. If you are interested in online classes, realestateexpress.com is a good place to start.
You should set up an interview with a broker. If they decide to hire you and if you decide you like what you hear, then you will turn in an application to them (provided by the state) to get your license.
For most, it is. This is no joke. It is an exam you need to study for and you need to know the material.
The good news is you can take the exam an unlimited number of times until you pass, as long as you do it within the 6 months after you pass the course.
Real estate agents are paid on commission only as a rule. There are some exceptions, but this is a commission-based career. You get paid when you close a transaction.
The company keeps a portion of your commissions. This amount varies from company to company.
Most of it does not. Much of your training will happen within the office, although there are many courses you can take outside the brokerage that do cost money.
Yes you can, however, you also give up freedom and generally, you lose the ability to make as much money as you want. Most team positions are administrative in nature and do not require a license. They are hourly-type positions and there are relatively few openings.
All companies are different because the leadership in each company has a different vision for their company.
Absolutely. You are free to set your own hours. Part time agents often transition into full-time agents as well.
Each brokerage has a different policy as far as offices go. In today’s tech-driven economy and with the tools you should have available, office space is becoming less important.
No. That training should come primarily from the broker you go to work for. Your training AFTER the class is very important and you should ask about training programs when you interview.
This is a common problem with many new agents. Much of real estate is on-the-job learning and you will continue to learn for the rest of your career. The best and fastest learning you can do is DO IT! Attempting to learn everything FIRST can cause you to make money LAST…or never.
Absolutely. One of the advantages of this career is that you can work your own hours.
No. The State of Missouri requires that you have your salesperson license for 2 years before you can obtain your broker’s license. A broker’s license is required to have your own office.
It depends. That is up to the Missouri Real Estate Commission. If you have any questions about past court actions, you should contact the Commission.
Most of the expenses are paid by the agent. This is self-employment and you are considered by the State and by the IRS as an independent contractor. Expenses vary by office, but you will have a $46 expense for your monthly Multi-list dues, generally you will have to pay for things like copies, advertising, errors and commissions insurance provided by your company, gas in your car, signs, etc. You will also have annual dues to the National Association of Realtors of about $500.
Really, the biggest expense will be a computer or a tablet. Your phone alone will generally not work well for the technology you will need to use. Basic office supplies. That’s about it!
Generally no. This is commission based and you will also need to save for your own federal and state taxes. Your broker, by law cannot withhold these from your commission checks.
There is no single predictor. It will be up to you! Your own effort is the biggest predictor. Contacting as many people as you can about real estate is the other. It is up to you, your work ethic, and your willingness to get out and talk to people about real estate.
The sky is the limit! Agents in Joplin have made more than $1,000,000 in a year in commission income. You are free to make as much as you like!
The sky is the limit! Agents in Joplin have made more than $1,000,000 in a year in commission income. You are free to make as much as you like!
Teams exist as a way for agents to leverage their time. A single agent can only do so much in a day, so they hire team members to assist in certain parts of the transaction so they can focus on growing their business.
Yes, however that should be a longer-term goal. Teaming up with another new agent in the beginning is a terrific way to divide your income in two. That is not the purpose of a team, generally speaking.
No it is not. A broker cannot offer, nor deduct the cost of an insurance plan from your commission checks. There are a number of co-op insurance plans available to Realtors, however…the expense is the agents.
Again, because you are an independent contractor, you are responsible for your own retirement plan. Many agents use the opportunity to find good buys on real estate as a part of their retirement.
The vast majority of the leads you get will be generated by you. You will generate leads in a number of ways including personal contact, telephone, events, email, text messages, direct mail, social media, open houses and others. Every company has a certain number of leads that are provided to agents, however, this is a very small percentage of an agent’s total income.
Office hours may vary due to Holidays and inclement weather.
Please call the front office at 417.623.9900 for more information about holiday hours.
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