How To Become A Licensed Real Estate Broker In North Dakota
With the housing market well on the way to complete recovery, many licensees making the move to become a real estate broker in North Dakota. 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 North Dakota broker. Real estate sales associates in North Dakota 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.
North Dakota Real Estate License Requirements
- Age: at least 18 years old
- Courses: successfully complete 60 hours of approved classroom courses
- Exam: successfully pass the real estate exams (national and state specific parts)
- Experience: active real estate salesperson experience for at least 2 years before applying for the broker license
North Dakota Reciprocal Agreements Currently, the state of North Dakota has reciprocity agreements in place with:
Real Estate Broker Licensure Exam in North Dakota Time limit for North Dakota Real Estate Broker Exam is 2.5 hours. You will be provided with 12 problems which you have to solve, and your result will be based on your answers. You have to answer 75% of questions correctly to pass it.
There will be 40 questions in state specific part. This part is for agents with a license in a reciprocal state. 1 hour is given to complete this part.
Check goamp.com to see whether you meet all the requirements for the Real Estate Broker Exam in North Dakota. You can also schedule your exam date there.
If you successfully pass the first part of the exam in North Dakota, you can take the other part during one year.
The exam is taken on a computer and you will be able to see your results when you finish it. Don’t bring any books to the testing room. Arrive 30 minutes before the exam starts. Don’t forget to take with you 2 forms of ID and a calculator for the math part.
Pay the registration fee of $130 to take Real Estate Broker Licensure Exam in North Dakota. The retake fee is also $130.
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.
We have licensed brokers on our team to help with all technology related questions. Get your free real estate technology consultation now!
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