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Real Estate Frequently Asked Questions

 

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Please click a question below to find out the answer:
Questions
1) What are the requirements to become a Alabama Real Estate Agent?
2) What does a Real Estate Agent do?
3) How long is the real estate salespersons course?
4) Is there a test?
5) How does a real estate license become active?
6) What is required to maintain a license?
7) What is the fee to apply for a license?
8) What is the difference between a licensed Real Estate Broker and Agent?
9) What are the requirements to become a broker?
10) What other courses could I take that would assist me with my real estate career?
   
Answers
   
1) What are the requirements to become a Alabama Real Estate Agent?
 

• Be at least 19 years of age
• Be a US Citizen or lawful permanent resident
• Have a high school diploma or GED
• Show proof of residency in any state in the US
• Not have been convicted of a felony or crime involving moral turpitude
• Not have had a real estate application of license rejected or revoked in any state within the past 2 yrs
• Complete and pass the state approved 60 hour Sales Associate Pre-License course
• Pass the state exam
• Submit application with appropriate fees

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2) What does a Real Estate Agent do?
 

A Real Estate agent is a person licensed by a state to represent a buyer or seller in a real estate transaction in exchange for a commission. Unless they are also brokers, agents must work in association with a real estate broker or brokerage company.

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3) How long is the real estate salespersons course?
 

The course is a total of 60 hours, which is the minimum mandated by the state.

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4) Is there a test?
 

Yes. This course requires a school exam with a passing grade of 70% or better. After passing the test you will be eligible to set an appointment to take the State exam to become licensed. The state exam must be passed with a grade of at least a 70%. The fee for the state exam is $75.00.

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5) How does a real estate license become active?
 

In order to have an active real estate license you must be affiliated with a broker.

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6) What is required to maintain a license?
 

The AL Real Estate Commission requires every new real estate licensee to complete a post license course of at least 30 hours within the first 6 months of licensure for active temporary licensees and with one year for inactive temporary licensees. In addition, every licensee must take a minimum of 15 hours of continuing education every 2 years. The 15 hours must include at least 3 hours of a Risk Management course and 12 hours of approved elective courses.

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7) What is the fee to apply for a license?
 

CE classes can be done in the classroom and are also available through distance learning (online).

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8) What is the difference between a licensed Real Estate Broker and Agent?
 

Most states require real estate sales professionals to be licensed by the state, so that they can control education and experience requirements and have a central authority to resolve consumer problems. The terminology used to identify real estate professionals varies a little from state to state. Brokers are generally required to have more education and experience than real estate salespersons or agents.

The person you normally deal with is a real estate agent or salesperson. The salesperson is licensed by the state, but must work for a broker. All listings are placed in the broker's name, not the salesperson’s name. A broker can deal directly with home buyers and sellers, or can have a staff of salespersons or agents working for him or her.

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9) What are the requirements to become a broker?
 

To become a broker in the state of Alabama you must:

• Be at least 19 years of age
• Be a US Citizen or lawful permanent resident
• Have high school diploma or GED
• Show proof of residency in any state in the US
• Not have been convicted of a felony or crime involving moral turpitude
• Not have had a real estate application of license rejected or revoked in any state within the past 2 yrs
• Complete and pass the state approved 60 hour Sales Associate Pre-License course
• Hold an active license in any state for at least 24 months of the 36 month period immediately preceding the date of application.
• Complete and pass the state approved 60 hour Sales Associate Pre-License course
• Pass the state exam
• Submit application with appropriate fees

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10) What other courses could I take that would assist me with my real estate career?
 

AREA’s Home Inspection and Appraisal courses will help you expand your knowledge and help you better      serve your clients when you are out on the field.  We offer both of these courses in online format are always   happy to welcome back past students.

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