Real estate is a popular career path for individuals looking for a flexible career with unlimited growth potential.
As a Realtor, you create your own business and invest as much time and effort into it as you choose. Here are the five steps you need to complete to get your real estate license in Maryland.
Six Steps to Becoming a Real Estate Agent in Maryland
1. Do your research on the Maryland real estate market.
Make sure you’re ready for the rewards and risks of running your own real estate business. Consider attending one of our virtual career seminars. Or schedule a private, confidential appointment with one of our Business Development Directors, who can answer all of your questions.
2. Complete 60 hours of approved Pre-Licensing education.
To start, you need to successfully complete an approve 60 clock-hour Pre-Licensing salesperson course, which you can take in a classroom or online. Check out our recommendations for completing the Pre-Licensing course.
3. Pass the course final exam in the presence of a proctor.
After you complete all course materials and meet the minimum time requirements, you must pass a course final exam, the minimum passing score is 70%. You must take this final exam in the presence of a proctor.
4. Pass the Maryland Real Estate Salesperson Examination.
Upon completing and passing your course exam, you must take and pass both portions of the Maryland salesperson licensing exam. A minimum score of 70% on the exams are required in Maryland and there is no limit on the number of retakes.
5. Choose a broker to sponsor you.
As you go through the process of earning your license, you’ll need to be affiliated with a broker so you can practice when licensed. Choosing the right broker is a key factor in becoming a successful Maryland real estate agent, which is why it is important to have the right fit. Check out our FAQ’s on questions to consider when searching for a sponsoring broker.
6. Join RE/MAX IKON and get reimbursed for your real estate school tuition.
RE/MAX IKON offers tuition reimbursement for all new real estate sales associates who join our company. No matter the real estate school you attend, you will be reimbursed for your real estate school tuition and book costs upon your first closing.
Questions to ask when searching for a sponsoring broker:
- What is their reputation, both locally & nationally?
- What type of real estate agents are they looking for?
- Are they technologically advanced and up-to-date with the latest systems?
- How do they support their agents with education and training?
- What kind of commission structure do they offer?
- Do they offer benefits?
- Do they provide their agents with leads and marketing materials?
- Is there room to grow with the brokerage?
- Is there a Mentoring or Productivity Coaching Program?
- What types and sources of Education and Training are offered?
- What is the company culture?
- What types of services are offered for leverage to their agents?