In order to start an estate brokerage, you must first obtain your broker’s licence. Importantly, becoming a broker has different prerequisites liable on where you live. Most states require you to work as a sales associate or salesman for some period of time before you can apply for a broker’s licence. As a salesperson, you normally report to a broker who has agreed to manage you. The following licencing criteria are commonly imposed by states having a merchant broker system in order to obtain a broker licence.
You must be 18 years old, have 2–4 years of sales experience, have a high school diploma, take and pass the broker licencing exam, complete the needed broker education, submit an application for a broker licence, and pay the applicable licencing costs.