6 answers
Jada
Student
Canandaigua, New York
1
Question
Asked
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How can I start my real estate career at 16?
I’m a high schooler maintaining a 4.0 GPA and I’m graduating in the fall, Im so confused on where to start my journey in real estate because of my age. Many have told me to slow down and wait till i’m 18 to get my license but then I see all these young entrepreneurs online investing in real estate and building businesses, Ive found myself in a confusing position so I’m reaching out on different platforms to see other people’s perspectives/tips on starting real estate young and how to start at my age.
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6 answers
James Constantine Frangos
Consultant Dietitian & Software Developer since 1972 => Nutrition Education => Health & Longevity.
3844
Answers
Gold Coast, Queensland, Australia
Updated
James Constantine’s Answer
Dear Jada,
Kickstarting a Real Estate Career at 16
Understanding State Laws and Regulations
Embarking on a real estate career at 16 begins with familiarizing yourself with the laws and regulations in your state. Each state sets its own criteria for real estate licensing, and some may impose age restrictions on becoming a licensed agent. Grasping these rules is a crucial first step.
Age Restrictions
While certain states might permit you to take the real estate exam or start as an unlicensed assistant, most mandate agents to be at least 18 years old to secure a license. However, you can still absorb industry knowledge, connect with professionals, and acquire experience through internships or part-time real estate jobs.
Possible Exceptions and Alternatives
Your state might offer exceptions or alternatives to the age restriction. For instance, some states might license 16-year-olds if they're supervised by a licensed broker or enrolled in a high school program offering real estate education. Investigate your state’s specific laws and regulations for more details.
Acquiring Education and Experience
High School Real Estate Programs
If your high school provides a real estate program or course, think about joining it to build fundamental knowledge and jumpstart your career. These programs typically delve into property management, appraisal, financing, and sales techniques. Plus, they can help you forge connections with industry professionals who could mentor or guide you in your career.
Online Real Estate Courses
If your high school lacks a real estate program, consider online courses to understand the industry and prepare for licensing exams when you turn 18. Numerous esteemed organizations, like the National Association of Realtors (NAR), provide online courses that span various real estate aspects, including property management, sales techniques, and legal matters.
Internships and Part-Time Jobs
Seek internships or part-time jobs in real estate-related fields like property management, appraisal, or administrative support at a real estate agency. This will grant you practical experience and help you establish relationships with industry professionals.
Networking with Real Estate Professionals
Building connections with real estate professionals is key to learning about the industry and uncovering growth opportunities. Attend local real estate gatherings, become a member of professional organizations such as NAR or local real estate associations, and link up with professionals on social media platforms like LinkedIn. Forming relationships with seasoned professionals can result in mentorship opportunities and invaluable guidance as you launch your career.
Authoritative Reference Titles:
1. National Association of Realtors - Careers in Real Estate 2. Real Estate Licensing by State 3. Real Estate Careers for Teens
May God bless you!
James Constantine.
Kickstarting a Real Estate Career at 16
Understanding State Laws and Regulations
Embarking on a real estate career at 16 begins with familiarizing yourself with the laws and regulations in your state. Each state sets its own criteria for real estate licensing, and some may impose age restrictions on becoming a licensed agent. Grasping these rules is a crucial first step.
Age Restrictions
While certain states might permit you to take the real estate exam or start as an unlicensed assistant, most mandate agents to be at least 18 years old to secure a license. However, you can still absorb industry knowledge, connect with professionals, and acquire experience through internships or part-time real estate jobs.
Possible Exceptions and Alternatives
Your state might offer exceptions or alternatives to the age restriction. For instance, some states might license 16-year-olds if they're supervised by a licensed broker or enrolled in a high school program offering real estate education. Investigate your state’s specific laws and regulations for more details.
Acquiring Education and Experience
High School Real Estate Programs
If your high school provides a real estate program or course, think about joining it to build fundamental knowledge and jumpstart your career. These programs typically delve into property management, appraisal, financing, and sales techniques. Plus, they can help you forge connections with industry professionals who could mentor or guide you in your career.
Online Real Estate Courses
If your high school lacks a real estate program, consider online courses to understand the industry and prepare for licensing exams when you turn 18. Numerous esteemed organizations, like the National Association of Realtors (NAR), provide online courses that span various real estate aspects, including property management, sales techniques, and legal matters.
Internships and Part-Time Jobs
Seek internships or part-time jobs in real estate-related fields like property management, appraisal, or administrative support at a real estate agency. This will grant you practical experience and help you establish relationships with industry professionals.
Networking with Real Estate Professionals
Building connections with real estate professionals is key to learning about the industry and uncovering growth opportunities. Attend local real estate gatherings, become a member of professional organizations such as NAR or local real estate associations, and link up with professionals on social media platforms like LinkedIn. Forming relationships with seasoned professionals can result in mentorship opportunities and invaluable guidance as you launch your career.
Authoritative Reference Titles:
1. National Association of Realtors - Careers in Real Estate 2. Real Estate Licensing by State 3. Real Estate Careers for Teens
May God bless you!
James Constantine.
Olivet Nnoruka
Analyst
6
Answers
Crown Heights, NY
Updated
Olivet’s Answer
Considering the age limit in real estate, it would be a great idea to explore the possibility of interning at a real estate company or shadowing a real estate agent. This way, you can gain valuable insights about the industry. By the time you turn 18, you'll have the necessary skills to excel as a realtor. Keep learning and growing, your future in real estate looks bright!
Shandy Reed
Key Account Manager
14
Answers
Houston, Texas
Updated
Shandy’s Answer
Great response from above. Some may be telling you to slow down because they want you to enjoy the remainder of your childhood and not to be consumed with the hustle, bustle and grind of life so soon. Vision is so important and even knowing the kind of real estate area you want to work in would be helpful. I agree with the other answer regarding getting exposure to as many facets of the industry as you can. Intern, volunteer, shadow and learn. Good luck!
Aisha Taylor
Mortgage Closing Specialist
364
Answers
Detroit, Michigan
Updated
Aisha’s Answer
Hi Jada,
It's impressive that you're thinking about starting your real estate career at such a young age! While you may not be able to obtain your real estate license until you're 18 in many jurisdictions, there are still several ways you can start preparing and building your knowledge and skills in the industry:
1. **Education**: Take advantage of your time before turning 18 to educate yourself about real estate. Read books, articles, and online resources about real estate investing, sales techniques, market trends, and legal considerations.
2. **Networking**: Start networking with real estate professionals in your area. Attend local real estate events, join real estate investment clubs or forums, and connect with professionals on social media platforms like LinkedIn. Building relationships with experienced individuals in the industry can provide valuable insights and mentorship opportunities.
3. **Internships and Shadowing**: Look for internship opportunities or shadow experienced real estate agents, brokers, or investors. Offer to assist with administrative tasks, accompany them to property showings, or observe negotiations. This hands-on experience can give you a better understanding of the day-to-day operations of the real estate business.
4. **Online Courses and Certifications**: Enroll in online courses or certification programs related to real estate. There are many reputable platforms that offer courses on topics such as real estate investing, property management, real estate law, and sales strategies. Completing these courses can help you gain valuable knowledge and credentials to bolster your resume.
5. **Build Your Online Presence**: Start building your online presence and personal brand as a young aspiring real estate professional. Create a professional website or blog to showcase your knowledge and expertise, share valuable insights and tips related to real estate, and engage with your audience on social media platforms.
6. **Save and Invest**: While you may not be able to invest in real estate properties directly until you're 18, you can start saving and investing your money in other ways. Consider opening a high-yield savings account, investing in stocks or mutual funds, or exploring alternative investment opportunities such as real estate investment trusts (REITs) or crowdfunding platforms.
7. **Set Goals and Take Action**: Clearly define your short-term and long-term goals in real estate and develop a plan to achieve them. Whether it's becoming a licensed real estate agent, starting your own real estate investment business, or acquiring your first rental property, take proactive steps towards your goals every day.
Remember that success in real estate, like any other industry, requires dedication, hard work, and perseverance. Stay focused on your goals, continue learning and growing, and don't be afraid to seek guidance and support from experienced professionals along the way. Starting your real estate career at a young age can give you a valuable head start and set you up for success in the long run.
It's impressive that you're thinking about starting your real estate career at such a young age! While you may not be able to obtain your real estate license until you're 18 in many jurisdictions, there are still several ways you can start preparing and building your knowledge and skills in the industry:
1. **Education**: Take advantage of your time before turning 18 to educate yourself about real estate. Read books, articles, and online resources about real estate investing, sales techniques, market trends, and legal considerations.
2. **Networking**: Start networking with real estate professionals in your area. Attend local real estate events, join real estate investment clubs or forums, and connect with professionals on social media platforms like LinkedIn. Building relationships with experienced individuals in the industry can provide valuable insights and mentorship opportunities.
3. **Internships and Shadowing**: Look for internship opportunities or shadow experienced real estate agents, brokers, or investors. Offer to assist with administrative tasks, accompany them to property showings, or observe negotiations. This hands-on experience can give you a better understanding of the day-to-day operations of the real estate business.
4. **Online Courses and Certifications**: Enroll in online courses or certification programs related to real estate. There are many reputable platforms that offer courses on topics such as real estate investing, property management, real estate law, and sales strategies. Completing these courses can help you gain valuable knowledge and credentials to bolster your resume.
5. **Build Your Online Presence**: Start building your online presence and personal brand as a young aspiring real estate professional. Create a professional website or blog to showcase your knowledge and expertise, share valuable insights and tips related to real estate, and engage with your audience on social media platforms.
6. **Save and Invest**: While you may not be able to invest in real estate properties directly until you're 18, you can start saving and investing your money in other ways. Consider opening a high-yield savings account, investing in stocks or mutual funds, or exploring alternative investment opportunities such as real estate investment trusts (REITs) or crowdfunding platforms.
7. **Set Goals and Take Action**: Clearly define your short-term and long-term goals in real estate and develop a plan to achieve them. Whether it's becoming a licensed real estate agent, starting your own real estate investment business, or acquiring your first rental property, take proactive steps towards your goals every day.
Remember that success in real estate, like any other industry, requires dedication, hard work, and perseverance. Stay focused on your goals, continue learning and growing, and don't be afraid to seek guidance and support from experienced professionals along the way. Starting your real estate career at a young age can give you a valuable head start and set you up for success in the long run.
Chiamaka O
UI/Ux Designer
3
Answers
Dallas, Texas
Updated
Chiamaka’s Answer
That's amazing that you're maintaining a 4.0 GPA and graduating soon! It's totally understandable to feel confused about where to start your real estate journey at your age. While some people suggest waiting until you're 18 to get your license, it's inspiring to see young entrepreneurs online who are already investing in real estate and building businesses. One tip I can offer is to start by educating yourself about real estate through books, online courses, or even reaching out to professionals in the field for advice. Building a strong foundation of knowledge will help you make informed decisions as you navigate the real estate world. Remember, everyone's journey is unique, so don't be afraid to take the path that feels right for you! Good luck!
Diane Gaa, CPTM, SHRM-SCP
Director of Learning Design, Technology and Experience
10
Answers
Bartonville, IL
Updated
Diane’s Answer
Kudos to you on your outstanding academic achievements! As you contemplate your journey towards licensure or perhaps studying business in college, consider what steps you can take immediately to cultivate the skills required for this career path. Remember, this profession is all about serving people, so honing the following interpersonal skills will help you stand out in a highly competitive field: empathy, active listening, negotiation, effective communication, and inclusivity. Start refining these skills today, so when the time comes to master your technical skills for your licensing exam, you'll be fully prepared to greet your first client.