How to Get a Georgia Real Estate License: A Step-by-Step Guide
The Peach State offers a wide range of career opportunities for real estate professionals. With a thriving market and continuous growth, obtaining a Georgia real estate license can be a lucrative decision. To help you get started, we’ve compiled a step-by-step guide on how to get a Georgia real estate license.
Pre-Licensing Education Requirements
Before applying for a real estate license, you need to complete 60 hours of pre-licensing education courses from a Georgia Real Estate Commission (GREC) approved provider. The courses must cover the following topics:
- Principles of Real Estate
- Real Estate Finance and Investment
- Real Estate Law
- Real Estate Practices
Make sure to enroll in an approved provider
The course provider must be accredited by the GREC and fulfill the required credit hours.
Apply for a License
After completing the pre-licensing education courses, you’ll need to apply for a real estate license with the GREC. The application process involves the following:
- Gather necessary documents: A valid identification, proof of Social Security number, and proof of completion of the pre-licensing education courses are required.
- Fingerprinting: You need to submit fingerprint-based criminal history records as part of the application process.
- Application fee: You’ll need to pay an application fee, which currently stands at $123 for a new application.
- Pass the background check: The GREC may conduct a background check, which may involve an in-depth review of your criminal history.
Meet the Licensing Requirements
Must be at least 18 years old, have a high school diploma or equivalent, and possess a valid identification.
Take the License Exam
To qualify for a real estate license in Georgia, you must pass the State-Licensure Exam (SRE). The exam tests your knowledge in areas such as:
- Real Estate and Business Law
- Finance and Investment
- Valuation and Property Analysis
The exam is divided into two parts: the 80-question written exam and the 45-minute typing test. To pass the exam, you’ll need to score at least 72% on the written test and 28 words per minute on the typing test.
Formal Background Check
Before your real estate license can be activated, you need to submit to a formal background check. The GREC conducts this check to ensure that all licensed agents are trustworthy and reputable. The background check involves reviewing your criminal history and assessing any potential threats to public trust.
Licensure
After completing all the requirements, including the background check, your application will be processed. You’ll be notified within 10 days of application if you’re deemed eligible for a real estate license. The GREC will issue a Notice of Approval with an activation date. Active licenses are renewable annually, and you must complete at least 15 hours of continuing education before renewal.
Additional Tips
Before applying for a real estate license, here are a few additional tips to consider:
- Gather all necessary documents upfront to avoid any delays during the application process.
- Complete your pre-licensing education courses through an approved provider to ensure you meet the GREC’s requirements.
- Practice for the state licensure exam using study guides and online resources to prepare yourself for the exam.
Conclusion
Obtaining a Georgia real estate license requires careful planning and attention to detail. From completing pre-licensing education courses to passing the state licensure exam and formal background check, follow these steps to secure a successful career in the world of real estate. Whether you’re just starting your journey or have prior experience, the information outlined in this article will help guide you through the process.