How To Become A Licensed Real Estate Broker in Connecticut
With the housing market well on the way to complete recovery, many licensees are making the move to become a real estate broker in Connecticut. 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 a Connecticut broker. Real estate sales associates in Connecticut 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.
Connecticut Real Estate License Requirements
- The first requirement: you have to be a citizen of the United States or a lawful permanent resident
- The second requirement: you can’t be convicted of any crime
- The third requirement: you also have to complete 60 hours of real estate education
- The fourth requirement: you have to work as a broker or salesperson for 24 month and real estate industry must be your main occupation
- Only then you are allowed to pass the licensing examination.
Real Estate Broker Licensure Exam in Connecticut There are 2 parts in Connecticut Real Estate Salesperson Exam. The first part is called national part. The second part is called state specific part. The national part consists of 80 questions, answer 56 questions correctly and you will be allowed to pass the next part of the Exam. 120 minutes are provided for you to answer 80 questions. The next part – state specific – consists of 30 questions. Make sure you answer 21 of them. 44 minutes are provided for you.
Real Estate Salesperson Exams in Connecticut are administered by PSI exams, you can visit www.psiexams.com.
If you successfully pass the first part of the exam, you can pass the second part during 12 months and if you fail any of these 2 parts, you also will have 12 months period to retake it.
The Connecticut real estate salesperson exams are taken on computers. You can watch your results right after finishing the exam. You can’t take anything with to the exam room, only simple functioning calculators are allowed.
You will have to pay $52 of the registration fee to take the Connecticut Real Estate salesperson exam.
The retake fee is $52 or $47, whether you take one or both parts of the exam.
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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