How Long Does It Take to Get Your Nevada Real Estate License?

Do you wish to have a career change? Or,

Do you simply fancy a realtor’s personality? And

Are you interested in becoming a real estate agent in Nevada?

Well, if any of the above questions is answered yes by you then welcome to the journey of learning the process of obtaining the Nevada real estate license. The process and the several factors contributing to the Nevada real estate license requirements have been broken down bit by bit in this article.

So without any wait let’s get started and finally answer your forever lurking question: How long does it take to get your Nevada real estate license?

What are the Nevada Real Estate License Requirements?

Before starting your journey in the real estate business of Nevada you need to meet certain requirements:

● Be a citizen of the United States or a lawfully admitted alien
● No criminal record
● 18 years of age or above
● Possess a High School Diploma (GED) or any equivalent course/diploma
● Have completed 120 hours of pre-licensing education which is approved by the Nevada Real Estate Division.
● Submit the fingerprints and have a full background check
● Pass the state as well as the national portions of the Real Estate Examination
● Complete the full-fledged Nevada Salesperson application
● Finding the sponsoring broker to work under

But another crucial question here is how much it costs to get your real estate license in Nevada.

Yes, the Nevada Real estate License comes with its share of expenses. If we break down the cost for you, it could involve the coursework fee, the exam fees, and the licensing fee. Hence, it is crucial to set a predefined budget and save the required amount of bucks beforehand.

Pre-Licensing Education

To begin with, getting your real estate license in Nevada requires you to accomplish 120 hours of pre-licensing education. This course covers the following given topics:

● 45 hours or 3 college credits in Real Estate Principles
● 45 hours or 3 college credits in Real Estate Law (must include 18 hours of Nevada Law)
● 30 hours or 2 college credits in Real Estate Practice

You can either take the course online or in person. Furthermore, you can learn and take the exam at your own pace and receive the certification within one year of enrollment.

Background Check and Passing the Real Estate Exam

Your background check and providing other additional information is crucial before appearing for the real estate exam. You will need to submit your fingerprint also. Hence, Get in touch with the Law Enforcement Agency directly to get the appointment date information, fees, and accepted modes of payment.

Now comes a daunting task. The exam.

Yes, you can pass it if you prepare in the right way using the right materials and resources.

The exam in total consists of 120 multiple-choice questions. You get 240 minutes to complete the exam and you need to score at least 75 % on each portion to pass the exam.

How Hard is it to Pass the Real Estate Exam in Nevada?

Well, it may not be daunting for all if your preparations were in full swing. You can review the course material, take the mock tests, and study Nevada real estate laws and regulations. Some schools provide exam preparation courses or relevant study material to pursue the same. You can schedule your exam online or by phone once you complete your pre-licensing education.

Application Process

Once you pass the exam with flying colors you need to apply for the license within one year of passing. The following documents must be submitted to the Nevada Real Estate Division:

● A complete and notarized Application Form 549
● A certificate of completion from your 120 hours of education
● Proof of passing the exam, your score card basically.
● The fingerprint card
● Age and Citizenship Proof
● The required fee of $140.

Sponsoring Broker

In the end, you need to find a sponsoring broker who will supervise your activities as a licensed salesperson. The broker will sign your application form. Also, the broker is meant to provide you with the right training and guidance.

Furthermore, the application process may take up to six weeks. It depends on how quickly you submit your documents and how long the other formalities take like the background check and all. You will at last receive your license by mail once the application is processed and approved.

But, Is it hard to get a real estate license in Nevada?
To sum up, getting your Nevada Real Estate License can take anywhere from three months to one year. Getting the Nevada real estate license is not easy but it is worth the chance if you really wish to pursue this rewarding career.

So get set and go to achieve this license and follow the rules and regulations prescribed by the Nevada Real Estate Division.