how can a lawyer get a louisiana real estate broker license?

Step 1: Take and pass an online real estate course Step 2: Complete a background check Step 3: Pass the final Louisiana real estate exam Step 4: Fill out and submit your application Step 5: Select a broker for sponsorship Step 6: Complete a post-licensing course Let’s take a deeper look at each step below.

Full Answer

How do you obtain a real estate license in Louisiana?

• Alabama
• Arkansas
• Colorado
• Georgia
• Iowa
• Mississippi
• New Mexico
• Oklahoma
• Pennsylvania

What are the requirements to become a real estate broker?

To become a licensed real estate broker, you must meet the following criteria:

• You must be at least 18 years of age.
• You must be a licensed real estate salesperson. ...
• You must have been affiliated with an active licensed real estate broker here in Massachusetts.
• You must log at least three years of experience as a real estate salesperson. ...
• You must take a broker course at an approved real estate school (that's us!).

More items...

How to get a Louisiana real estate license?

You can find the breakdown of that fee below:

• Initial license fee – $45
• Research and Education Fund fee – $10
• Recovery Fund fee – $10
• Application Processing fee – $25

How do you become a real estate agent in Louisiana?

• Providing an official license history from the state or jurisdiction in which the license was issued
• Completing 30-hours of education in Louisiana Real Estate License Law, Commission Rules and Regulations, Law of Agency and Civil Law pertaining to real estate
• Passing only the state portion of the Louisiana licensing exam

Who may be granted a Louisiana broker's license?

No individual real estate broker or salesperson's license shall be issued to any person who has not attained the age of eighteen years. No individual real estate broker or salesperson's license shall be issued to any person who is not a high school graduate or the holder of a certificate of high school equivalency.

How do you become a real estate broker in Louisiana?

You must complete the 90-hour course, Real Estate 101, and pass the State Exam. As a salesperson you must work under a broker or real estate company. If you have ever been convicted of a felony you must appeal to the Louisiana Real Estate Commission for permission to become licensed.

How long does it take to become a broker in Louisiana?

four yearsYou must have been actively licensed as a real estate salesperson for at least four years, with two of the four years occurring immediately before the submission of a broker license application, in any state or jurisdiction. High school diploma or equivalency certificate (GED).

What is a qualifying broker in Louisiana?

(22) "Qualifying broker" means the sponsoring broker for a licensed corporation, limited liability company, or partnership and is the individual real estate broker designated by a licensed corporation, limited liability company, or partnership, by resolution, as its representative in all matters relating to its real ...

Is the Louisiana real estate exam hard?

The Louisiana Real Estate Salesperson Exam is one of the hardest state test to pass in the United States. We have compiled this simple exam cram book that quickly and easily prepares you to take your state licensing exam and pass it on the 1st try with the PSI exam.

What are the requirements to get a real estate license in Louisiana?

You must be at least 18 years of age. You must have obtained a high school diploma or equivalency certificate (GED). You must show proof of successful completion of ninety (90) hours of real estate education in courses approved by the LREC. You must comply with all application procedures required by the LREC.

Can I get a real estate license with a felony in Louisiana?

Felony applicants may be required to appear for a hearing at a regularly scheduled Louisiana Real Estate Commission meeting where the Commissioners will make a final decision regarding initial licensure.

How much does a realtor make in Louisiana?

The average salary for a real estate agent is $75,935 per year in Louisiana.

How long is the Louisiana real estate exam?

The Louisiana Real Estate Exam consists of 135 questions. This includes 80 for the National section and 55 for the State section. You will have 180 minutes (3 hours) to complete the entire exam.

Which of the following is not a requirement to be appointed to the Louisiana Real Estate Commission?

Which of the following is NOT a requirement to be appointed to the Louisiana Real Estate Commission? A real estate broker for at least 5 years with a minimum of 100 transactions in experience.

Can a corporation be granted a real estate broker's license in Louisiana?

Can a corporation be granted a real estate broker's license? Yes, if it has been granted a certificate of authority to do business in Louisiana.

Is net listing legal in Louisiana?

It is unlawful for any real estate broker to advise or encourage a seller in relation to, or to enter into, a net listing agreement as described in R.S. 37:1431(34), for the sale of residential real estate property or any land as defined in R.S. 47:2302.

What is the next step in becoming a real estate agent in Louisiana?

After passing your examination, the next step is to complete your fingerprinting and background check. The Louisiana Real Estate Commission requires that all applicants have a background check performed before becoming a licensed real estate agent in Louisiana.

How old do you have to be to get a real estate license in Louisiana?

The requirements to become a real estate affiliate in Louisiana are: Be a citizen of the United States or a lawfully admitted alien. Be 18 years of age or older. Must have obtained a high school diploma or equivalency certificate (GED)

How difficult is the Louisiana real estate exam?

The passing rate for the Louisiana Real Estate Salesperson Exam is 70%. This test is purposefully difficult, but not impossible. Be sure to pay attention during your pre-license course and take studying seriously. If you put the proper effort forth, we know that you can pass on your first attempt!

What is the score for real estate salesperson in Louisiana?

A passing score for the Louisiana Real Estate Salesperson Exam is 56/80 on the National section and 40/56 on the State section. Immediately after completing your exam, you will receive a scoring document that states whether you passed or failed.

Where to send paperwork to Louisiana Real Estate Commission?

Your paperwork can also be mailed to: Louisiana Real Estate Commission 9071 Interline Avenue Baton Rouge, LA 70809

How many questions are asked in the Louisiana real estate exam?

The fee to take the exam is $85 per attempt. The Louisiana Real Estate Exam consists of 135 questions. This includes 80 for the National section and 55 for the State section. You will have 180 minutes (3 hours) to complete the entire exam.

How much does it cost to get a driver's license?

The fee for this application is $90. You can find the breakdown of that fee below: 1 Initial license fee – $45 2 Research and Education Fund fee – $10 3 Recovery Fund fee – $10 4 Application Processing fee – $25

How old do you have to be to get a real estate license in Louisiana?

Louisiana Real Estate Broker’s License Requirements. Must be at least 18 years old. You need to have at least a high school diploma or GED in order to apply for a license in Ohio. No felony convictions.

How long do you have to be a real estate agent to get a broker license?

You must have been actively licensed as a real estate salesperson for at least four years, with two of the four years occurring immediately before the submission of a broker license application, in any state or jurisdiction. High school diploma or equivalency certificate (GED). Proof of completion of 150 classroom hours ...

What is a successful real estate brokerage?

Successful real estate brokerages have one thing in common. They have an organized and consistent process in their workflow. This helps owners keep track, close deals faster, and keep everyone happy, staff and customers included. A great way to do this is through Emphasys Software's Real Estate commission software; this will provide mission specific functionality that completely automates your brokerage. Our system can transform your business into the competitive and lucrative operation professionals dream of.

How long is the broker exam?

For the broker exam: you are allowed 105 minutes for the national portion and 75 minutes for the state portion, for a total of 180 minutes. The exam is given on a computer and is multiple choice. You will receive your score immediately after you complete your exam. Source.

How many questions are asked in the broker exam?

The exam: The broker exam consists of 80 national questions and 55 state-specific questions . To pass, you must correctly answer at least 60 questions from the national portion and 40 from the state portion.

How to get a real estate license in Louisiana?

Anyone wishing to hold a real estate license in the state of Louisiana must meet the following minimum eligibility requirements set forth by the board: 1 Complete a license application and pay the license fee of $120 2 Be over the age of 18 with a high school diploma or GED 3 Successfully pass a criminal background check which shows no convictions for any felonies, financial crimes such as fraud, theft, embezzlement, larceny, graft or any other crime which involves what the commission refers to as moral turpitude 4 Provide a sworn statement attesting to their familiarity with state and federal fair housing laws and pledging to abide by those laws at all times during the discharge of their duties as a licensee. 5 Provide proof of errors and omissions insurance 6 Obtain a sponsoring broker

How long is a Louisiana real estate license good for?

In addition to the 45.00 renewal fee, licensees will be required to submit proof of the completion of 12 hours of continuing education courses. The point of these courses is to make sure the licensee is aware of any new real estate laws that have been passed by the legislature or regulations put forth by the real estate commission. First time licensees may not use their post license education classes as credit towards the continuing education classes. In other words, the first license renewal will require proof the licensee has completed both the post license and continuing education classes.

What is the Louisiana real estate commission?

The Louisiana Real Estate Commission is sets the eligibility standards and educational requirements needed to hold a Louisiana real estate license. Any person who wants to work professionally in Louisiana must meet the following eligibility standards

How to change license status in Louisiana?

To change their license status from active to inactive, a licensee must fill out a transfer application, file it with the commission and pay a $45.00 fee.

Who is Bill from Tony's real estate agency?

Bill is a Louisiana resident who wants to become an agent at his brother Tony's real estate agency . Tony is willing to hire Bill, but it's not quite that simple. In Louisiana, Tony's brokerage, and the entire real estate industry, is regulated by the Louisiana Real Estate Commission. The commission requires that anyone who wishes to be compensated for a real estate transaction in the state must register with the commission and have an active Louisiana real estate license. The commission also sets criteria applicants must meet in order to qualify for a real estate license.

Do you have to renew your license if you are inactive?

Holders of inactive licenses are also required to renew their inactive licenses on a yearly basis. They do not have to complete the continuing annual 12 hour continuing education requirement while their license is inactive. However, if and when they decide to change their license back over to active status, they will be required to take continuing education courses. The amount of hours necessary to complete the continuing education requirement will be contingent upon how long the license was inactive. Licenses may be held inactive by for an indefinite period of time as long as the annual renewals are completed.

What are the two types of real estate agents in Louisiana?

Brokers. There are two types of real estate agents in Louisiana: salespersons and brokers. Everyone starts out as a salesperson, and every salesperson has to be affiliated with a broker. Think of it like an apprenticeship: new agents in Louisiana “attach” to a broker, who is supposed to guide them through the regulatory, operational, and marketing steps involved in being an agent. After four years as a salesperson—and a bunch of extra courses—a salesperson can apply to become a broker.

What is part A of a Louisiana sales license?

Salesperson License Application “ Part A ”: With this form, you tell the LREC all about yourself and authorize a background check. Technically, you can submit this “Part A” form before or after you complete your pre-licensing education, but you have to submit it before you take the Louisiana real estate exam.

What is the LREC in Louisiana?

The LREC. The governing authority for real estate agents in Louisiana is called the Louisiana Real Estate Commission (the “LREC”). The LREC handles applications for new real estate agents, monitors compliance with continuing education requirements, and penalizes and disciplines agents for violations of real estate laws and rules in Louisiana. Fear the LREC. Seriously.

What is the New Orleans Metropolitan Association of Realtors?

The local realtor association for the Greater New Orleans area is called the New Orleans Metropolitan Association of Realtors (“NOMAR”). It costs good money to belong to NOMAR, the MLS, and the “lockbox” services that NOMAR offers. You can learn more about the process for becoming a realtor with NOMAR by clicking here.

What is a Part B license?

Salesperson License Application “ Part B ”: This is the “Sponsorship Affidavit” form that your new real estate broker needs to fill out. You can submit this form before or after you complete your pre-licensing education and before or after you take the Louisiana real estate exam.

How many hours of pre-licensing education in Louisiana?

complete 90 hours of pre-licensing education from a certified instructor in Louisiana;

Is it mandatory to be a realtor in Louisiana?

Technically, though, an agent can call herself a “realtor” only if she is a member of the National Realtor Association (through one or more of its local chapters). And one of the great prizes of being an agent—access to the multiple listing service—requires that you belong to a realtor association. So, though it’s technically not mandatory, almost all Louisiana agents are members of a realtor association, and most Louisiana brokers require it.

Louisiana Real Estate License Basic Requirements

You need to be at least 18 years of age (if you will turn 18 in the same year, you can still sit for the exam).

LA Real Estate License Costs

Cost of acquiring Louisiana Real Estate license: The cost of the exam is $85, and there are other fixed and variable costs in addition to that.

Helpful Tips

You can use online resources like Real Estate Express and The CE Shop to prepare for your pre-licensing exam.

STEP 1: Pre-licensing Education

Prior to applying for a real estate agent license in Louisiana, you need to complete 90 hours of pre-licensing education from an education provider that has been approved by the Louisiana state. You do not need to go to a physical campus to complete this course.

STEP 2: Get Background Check and Apply For Exam

The background check is a crucial step without which you cannot proceed in your application. This is a way for the state to keep tabs on who is being provided a license and what the record says about them. For most other states, you are expected to head to your local law enforcement agency and have your fingerprints taken.

STEP 3: Passing the State License Exam

The Louisiana Licensing Exam will have two parts. The time limit set on the exam is 180 minutes, of which 105 minutes have been allotted to national or general questions, and 75 minutes have been allotted for state-specific questions.

STEP 4: Finding a Sponsor

Once you have cleared your examination and applied for a license, you should also start looking for a sponsor simultaneously. A sponsor is a managing broker who will be able to sponsor your license. This is a required experience under a registered brokerage so you can officially acquire your real estate license.

What Are the Louisiana Real Estate License Requirements?

Becoming a real estate sales agent is an exciting career choice! From helping others find the home of their dreams to viewing amazing properties before they go on the market, the world of real estate sales offers many amazing benefits. But before you can become an agent, you will need to secure your real estate license.

1. Meet the Prerequisites

To begin your real estate pre-licensing education in Louisiana, you must first meet the preliminary requirements. Luckily, these are simple. First, you must be 18 years of age or older. And second, you must have your high school diploma or GED. Once you have met these prerequisites, you can move forward with your pre-licensing courses.

2. Complete 90 hours of Pre-Licensing

The next of your Louisiana real estate license requirements is to complete 90 hours of real estate pre-licensing education. At Bob Brooks School, you’ll find all the courses you need to reach your required hours. Each lesson is led by Brent Lancaster, the president and CEO of our company.

3. Pass a Background Check

When you work with a professional, you want to be able to trust in their capabilities and their character. This is why a background check is necessary to become a licensed real estate agent in Louisiana! This will cover a criminal background check, sex offender registries, employment verifications, driving history, and more.

4. Pass Your Licensing Exam

Your pre-licensing education will prepare you for your licensing exam. To pass this state exam, you must receive a score of 75% or higher. This means that you must answer a minimum of 40 questions out of 55 to pass. Your test will be administered by PSI Exams Online. This exam is $75 and has a time limit of 75 minutes.

5. Become Sponsored by a Licensed Louisiana Broker

To perform real estate work, a newly licensed real estate agent is required to work with an established broker to learn the skills needed to succeed in the field. During this time with the brokerage, you will receive guidance and resources to help you excel in real estate sales.

6. Provide Proof of Mandatory Errors and Omissions Before Getting Your License

No matter if you are a licensed salesperson, broker, or insurance agent, the Louisiana Real Estate Commission (LREC) requires that active licensees have errors and omissions insurance. This protects agents against possible problems and losses.