Author: Adem Lawson

The Roadmap to Real Estate: Steps to Becoming a Licensed Realtor

Tampa Realtor can help buyers find the perfect house and sellers sell their home. They work on a commission basis and only make money if they successfully sell a property.

Real Estate

Agents also arrange inspections for potential properties such as termites, dry rot, asbestos and faulty structures. They also provide clients with a title report that shows the ownership status of a property.

Whether you’re interested in buying or selling real estate, it’s wise to work with a licensed professional. But you may be confused by the range of titles attached to these individuals: agent, associate, broker and Realtor. While all of these professionals are qualified to assist you, only those who have been properly designated as Realtors are members of the National Association of Realtors (NAR).

The NAR is the largest trade association in the world and its 1.5 million-plus members include real estate agents and brokers, mortgage lenders and brokers, property managers, appraisers, and other industry associates. When a real estate agent or broker joins NAR, they become a Realtor, and they are then able to use the word Realtor in their business name and marketing materials.

Realtors have access to a number of professional tools and resources that are not available to those who are not members, including the NAR’s extensive education programs. They also pledge to adhere to NAR’s Code of Ethics, which is stricter than the ethical standards set by state licensing boards.

A Realtor can help home buyers in a variety of ways, including helping them determine how much house they can afford. They can also provide them with information on local taxes, utility costs, municipal services and facilities and proposed zoning changes that could affect the value of a home. They have access to thousands of listings and can compare homes based on price, size, style and other features.

When it comes to listing properties, a Realtor can assist with establishing a sale price, advertising the property and holding open houses. They can also help with the home inspection and closing procedures.

The NAR’s Code of Ethics requires Realtors to act with competency, fairness and high integrity in all business dealings. They must be knowledgeable about the market and able to negotiate effectively. They must also be honest with all parties to a transaction and be willing to disclose any pertinent facts that could affect the sale of a property. They must also be committed to continuing education in order to keep abreast of current market trends and practices.

License Requirements

Getting licensed to sell real estate starts with enrolling in pre-licensing courses at a school or university that is accredited by your state’s real estate commission. These classes teach you the basics of the profession and give you a good idea of what to expect on your state exam. Once you’ve completed your education and passed your exam, you can then apply for a license. Exams vary by state and usually consist of two parts: a national portion on general real estate principles and practices, and a state-specific section covering your state’s laws. Most states allow you to take the exam as many times as you need until you pass.

When you become a licensed real estate agent, you’ll join a broker with whom you’ll work on transactions. It’s at this point that you may want to consider joining NAR. Membership offers a number of benefits, including access to real estate market data and discounts on education courses. It also allows you to use the realtor trademark on your business cards and marketing materials. In return for these privileges, you’ll need to follow the NAR’s stringent code of ethics.

Once you have a license, you’ll help clients buy or sell property for a fee. Your responsibilities include helping them find properties that meet their needs, researching the market and providing them with accurate information, and assisting with the negotiation process. You’ll also draft and review contracts, so that buyers and sellers understand their obligations and rights.

As a licensed real estate professional, you’ll need to renew your license every two years. The renewal process involves submitting an application, fees, and proof of continuing education to your state’s real estate licensing board. It’s best to keep track of your renewal dates to avoid any lapses in your license status.

Education Requirements

Unlike some other business careers, you don’t need an expensive university degree to start selling real estate. State regulations and training requirements vary, but most jurisdictions require you to complete pre-licensing courses and pass a licensing exam. Some states also require you to complete continuing education and ethics courses offered by the National Association of Realtors.

Aspiring agents and brokers may choose to pursue a associate degrees in real estate or related subjects, which typically take two years to complete. These programs explore property regulations and laws while building the communication skills required for this career. Alternatively, some candidates choose to earn bachelor’s degrees in areas like business administration, sales management and finance, or other subjects that offer deeper insights into the properties they sell. This route is especially popular for learners who want to advance to managerial positions in large brokerage firms.

Some real estate professionals opt to pursue master’s degrees in their fields, which take four or more years to complete. These programs offer in-depth study of specific subject matter, and many real estate companies offer incentives for managers to pursue this option. A master’s degree is particularly useful for candidates who are interested in becoming managing brokers, who are responsible for overseeing and coaching junior agents.

Continuing education and ethics courses must be taken to maintain your license, so you’ll have to keep taking classes throughout the course of your career. The number of hours required varies by state, but you can expect to take courses covering topics such as real estate law, appraisal, management and finance. In New York, you’ll need to take at least 22.5 hours of continuing education courses in order to renew your license, including 1.5 hours of training about ethical business practices and an additional 2.5 hours of training about governmental matters that may impact your practice, such as rules and regulations, Department of State opinions and decisions, and court decisions.

Once you’ve completed your education, you must take the state’s licensing exam in a location approved by the state. You’ll need to be sponsored by a licensed broker and have a photo driver’s license or non-driver ID card to take the exam. In addition, New York requires that you take your exam with a proctor present.

Working Conditions

Real estate agents work on commission, meaning that their salary is directly linked to the number of sales they make. They also have to pay self-employment taxes, which are based on income and employment. Because of this, real estate agents must be able to manage their finances and be comfortable working independently. They must also have strong attention to detail in order to draw up contracts and other documents for real estate transactions.

It is important for Realtors to be able to communicate well with their clients, as they will need to explain complex financial issues in an easy-to-understand way. They will also have to work well under pressure and be able to meet deadlines. As a result, it is often best for Realtors to work in an environment that is supportive and encouraging. However, not all offices are created equal, and it is important for Realtors to be wary of an office that is too noisy, crowded, or disorganized, as this can hinder their productivity.

Another challenge of being a Realtor is the long hours that are typically required. Many Realtors will need to work evenings and weekends in order to meet with potential buyers or sellers. This can be particularly challenging for those with children or other responsibilities at home. Furthermore, the high levels of stress associated with this career can lead to burnout.

Despite these challenges, being a Realtor can be very rewarding. It is gratifying to help people achieve their dreams of homeownership, and the gratitude that many homeowners express after closing on their property is always touching. It is important for Realtors to remember that their duties as a professional include a fiduciary responsibility to their clients, and they should treat each client with honesty, integrity, and fairness. In addition, Realtors should stay up-to-date on current market trends and attend seminars and conventions to improve their skills. If they are not able to do this, their career can be harmed. It is also critical that they keep abreast of changes to local and state laws governing real estate practices.

What Does it Take to Become a Lawyer?

JDB Law, PLLC is a professional who offers legal advice or represents someone. Lawyers may also be referred to as attorneys, solicitors, counselors, or — pejoratively — ambulance chasers. The duties and responsibilities of lawyers are defined by the laws of the jurisdiction where they practice. Some of the specifics vary between countries and types of law.


A career as an attorney requires extensive education and training. To begin, aspiring lawyers must obtain a bachelor’s degree, often in a subject such as business or political science, that provides an overview of the legal system. Many schools also offer specialized pre-law majors that can be helpful for future attorneys. Additionally, students must pass the Law School Admission Test (LSAT) and receive a juris doctorate (JD) degree from a law school accredited by the American Bar Association.

In addition to these academic requirements, a lawyer must be familiar with each jurisdiction’s specific laws and regulations where they plan to practice. Continuing professional development is also required to keep up with changes in the rules, which can happen quickly.

Additional soft skills are also necessary for successful lawyers, including strong written communication and organizational abilities, critical thinking, and working under pressure. In addition, lawyers must communicate effectively with clients and other members of their firm.

To advance in a law career, a lawyer may pursue additional educational qualifications, such as a master of law (LLM) or a doctor of sciences (SJD). The LLM is a postgraduate program that allows students to focus on a particular area of law. This qualification can be useful for lawyers who wish to become experts in a specific field of law, such as international law or environmental law.

The SJD is a research-focused program that can be useful for lawyers who wish to become law professors or engage in advanced legal research. It can take up to five years to complete, and candidates must write a dissertation on a topic of their choice.

Many aspiring lawyers gain experience through an internship during undergraduate or graduate school. Internships allow students to get hands-on exposure to the law and help them develop key career skills, such as communication and teamwork. They can also help create a network of professionals supporting them throughout their careers. 

Other professional development opportunities for lawyers include personal coaching or mentorship programs, which can provide guidance and practical insights.

A lawyer can specialize in many areas of the law. However, determining which region of the law is right for you will depend on your unique interests and strengths. You will also want to consider your career goals and what type of law practice best suits those goals.

A generalist law firm will likely employ lawyers with several areas of expertise to assist clients with various cases and issues. This is why deciding which area of the law is a good fit before starting your first year at law school is important.

If you’re interested in business law, you can help small businesses start new companies, work with large corporations, and advise on various topics, including taxes, acquisitions, mergers, and other issues. Attorneys focusing on intellectual property can handle matters related to copyright, patents, and trademarks. You can also focus on a particular industry, such as finance or healthcare, or you may prefer to be a litigation lawyer and take on a broad range of cases.

Commercial litigation is a fast-paced and challenging practice area that can have some of the highest pay in the legal industry. This type of law involves both prosecution and defense in high-profile cases, which are usually a result of a dispute between two or more parties. Commercial lawyers often have to review contracts, examine title and property, and evaluate expectations to negotiate on their client’s behalf.

Labor and employment law is another popular practice area that deals with cases regarding employee rights and benefits, compensation, and severance packages. Animal rights law is a growing field where attorneys can fight on behalf of animals and work against those who exploit or harm them. You can also focus on family or juvenile law, which deals with issues affecting families and children.

Banking and finance law focuses on the organization, ownership, and operations of banks, depository institutions, mortgage banks, credit unions, and other providers of financial services regulated or licensed by state and federal authorities. This practice area can also encompass laws that govern the relationship between a bank and its customers, such as consumer protections.

Many attorneys work in various practice areas, but some specialize in certain cases. This type of specialization helps law firms build a reputation for expertise, which can increase their business and boost client satisfaction rates. Specialization also allows a firm to serve a specific client niche or industry better, increasing revenue and improving the company’s profitability.

The most popular law degree specializations include criminal, corporate, family, labor and employment law, real estate, and e-commerce. These fields of law deal with various legalities associated with these particular industries, and they can benefit professionals with a strong interest in those topics.

A career in intellectual property law enables lawyers to assist authors and artists in protecting their creations. Candidates must understand patent, copyright, and trademark laws and may be involved in safeguarding artworks, music, and scientific inventions. This law degree specialization is ideal for professionals passionate about the creative arts.

Construction law deals with the laws that protect workers, architects, and designers involved in construction projects. This field of law may also cover issues like safety, project management, and financial regulations. It is suitable for individuals who are passionate about the building industry and those interested in working on a large scale.

Another popular law degree specialization is administrative law, which focuses on the operation and legality of government agencies. Students in this area of law will study the legal responsibilities of federal and state administration. This law degree specialization suits individuals interested in a career in public service.

Litigation and trial law enable students to gain experience in pretrial and trial practice. They will learn about case preparation, evidence, and litigation strategies, including drafting pleadings and complaints. It is a suitable law degree specialization for individuals who want to become prosecutors or defenders or work with a litigation firm.

Most people will require the services of a lawyer at some point in their lives. It could be negotiating a contract, filing a lawsuit, or even defending against criminal charges (like traffic tickets). Whatever the reason, cost is always a consideration. The good news is that many different fee arrangements are available, depending on the type of legal matter and the attorney.

An hourly rate is the most common form of fee structure. This means that the lawyer sets an hourly rate and bills the client for the time they work on their case. Most attorneys will track their time in 1/10th increments, which means six-minute increments. In addition to the attorney’s hourly rate, they will typically bill for paralegal and office staff time at a lower hourly rate.

Flat fees are another arrangement often used for cases that involve drafting legal documents, such as contracts or bankruptcy filings. This billing method allows both the attorney and the client to know exactly how much the service will cost upfront. This can eliminate surprises and allow the attorney to budget accordingly.

Contingency fees are usually reserved for more complicated legal matters, such as personal injury and class action lawsuits that require much research and negotiations. The attorney will receive a percentage of the monetary settlement or award in a contingent fee agreement. If they don’t win, they will not receive any payment.

Retainer fees are a special form of contingency fee. A retainer is a deposit of funds that the attorney will hold in trust for their client until they are required to use the money to pay for a specific legal matter. Retainer fees are often non-refundable, but they give the attorney a measure of security that they will be paid for their services.

Some lawyers will work pro bono for certain legal cases, such as criminal defense or civil rights. These cases may be handled by organizations such as the ACLU and are generally considered high-impact instances with the potential to have a large social impact.