How To Become A Licensed Real Estate Broker In Alabama
With the housing market well on the way to complete recovery, many licensees are making the move to become a real estate broker in Alabama. After all, one of the benefits of a forming a career in real estate is the control it allows you in shaping your personal success. The step towards becoming a broker is the beginning of an exciting new chapter in the life of a real estate professional. There is no need to wait for a promotion. A real estate licensee is able to simply make the decision to sign up for broker training and the state exam. Once this decision has been made, it may be only a matter of weeks before you are working as an Alabama broker. Real estate sales associates in Alabama who are ready to take the next step in their real estate careers can begin the process of becoming a licensed real estate broker by completing the state’s requirements for licensure.
Alabama Real Estate License Requirements
Remember these requirements:
- The first requirement: you have to be a citizen of the U.S. or a lawful permanent resident
- The second requirement: you must be 19 years old and older
- The third requirement: you have to show proof of bona fide residency in any state in the United States
- The fourth requirement: you will have to show proof of high school graduation or GED
- The fifth requirement: you cannot be convicted of any sort of crime
- One more requirement: you will need to prove that you don’t have a real estate application or license rejected or revoked in any state within the past two years
- Only then you are allowed to pass the licensing examination.
Real Estate Broker Licensure Exam in Alabama There are 2 parts of Real Estate Salesperson Exam in Alabama. The first part is the real estate salesperson national exam. The second part is the real estate salesperson state specific exam. The national part includes 100 questions. In order to pass the exam, you will need to answer 70 out of the 100 questions correctly (70% correct answers). You are given 3.5 hours to complete the exam.
The second part – the state specific part of the Alabama Real Estate Salesperson Exam consists of 40 questions. You need to answer 28 questions correctly (70% correct answers). You are given 1.5 hour if taken separately, or 3.5 hours if taken together with the national portion.
Real Estate Salesperson Exams in Alabama are administered by AMP Inc. at www.goamp.com. Before registering with AMP for the Alabama Real Estate Salesperson Examination, see how you can qualify for a license.
The Alabama Real Estate Salesperson tests are taken on a computer. You will receive your results right after finishing the exam. You can take a simple functioning calculator with you to use for the 10% of the exam questions.
Don’t forget to take 2 forms of ID to the exam site.
Before taking the exam you have to pay $69 registration fee and only then you are allowed to take the Alabama Real Estate salesperson exam. You will lose your fee if you reschedule for the exam more than once, or if you reschedule your exam less than two days before the scheduled exam date.
Alabama Reciprocal Agreements With: Anyone holding licenses from any of these states may apply for a reciprocal license, and may be able to forego some classroom work and other requirements.
- New Hampshire
- North Carolina
- South Dakota
- West Virginia
Real Estate Broker Software
The Right Tools The most professional real estate workers often require software to efficiently sort through paper work. It has been pointed out that good software such as Brokermint can transform a real estate business for the better. Back office software should be able to create a consistent and manageable flow from lead generation to closing and accounting. It should be able to cross integrate with Contact Management systems (CRM), MLS and Accounting Packages. The main goal of this type of software is to help real estate experts save time managing day-to-day operations, get instant visibility on production data and remain in compliance with regulations.
Software like Brokermint perfectly fits for small companies that recently started their real estate business.
There are other tools that are useful to real estate agents. Having a strong social media presence through sites such as Facebook or LinkedIn can come in very handy in attracting potential customers. Also consider using Zillow and Trulia. These websites help track information on available real estate properties in local areas. Be sure to familiarize yourself with the kinds of tools that real estate brokers need to work in the field. It is a necessity to feel prepared in this business.
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