Did you know that almost anyone can potentially get a real estate license? The requirements for attending the real estate course at UBC are actually quite minimal. You need to be at least 19, have a high school diploma (or equivalent), have a reasonable command of the English language, and a clear background showing you to be of good character. Then, all you need to do is pass the course and the final exam, and you’ll qualify for a real estate license.
Why does this matter? Because there are a lot of reasons to consider getting your real estate license – even if you don’t want to be a full-time agent! The course is affordable enough that there are many ways it could pay for itself.
Four Big Benefits to Attending A Real Estate Course and Getting Your License
Pick up money on the side
Real estate can be an excellent side job that you do on the weekends, or otherwise only part-time. The way the industry works, there are no real minimum or maximum hours to put in. You work as much as you want to, so it can be a great way to get a little extra cash now and then.
Save on your own transactions
Are you interested in buying and selling property? Being able to act as your own agent will save you a lot in fees and services! In fact, it’s fair to say that you’ll probably pay for your real estate license with only a single home bought or sold. After that, acting as your own agent is pure cost savings every time – roughly 3% on every transaction.
Chances are, you know someone who’s interested in buying or selling property. Want to be extra good friends with them? Volunteer to be their real estate agent at a reduced cost, or even for free. The paperwork really isn’t that time-consuming, and they’ll undoubtedly be very grateful for the money you save them.
Get early access to properties
If you have a BC real estate license in Vancouver, you’ll have access to the Multiple Listing Service (MLS). This is the standardized computer system which all realtors use – and it will give you early access to properties before they hit the public listings! You’ll have favored access to the best properties available.