In the real estate business, you deal with multimillion-dollar worth of properties. Commission from these property sales is big. Therefore, you can earn lots of money by becoming a licensed real estate agent. It is a good profession where you can easily earn lots of money.
However, getting a real estate license is not that simple. One of the most difficult parts of getting this license is that you have to pass the PSI exam. It is a difficult exam that only a few people pass every year. It is recommended to study real estate pre-license courses before taking this exam.
- What you should study when taking the PSI exam?
If you are wondering how to get real estate license in Kentucky, here are important subjects you should study before taking the PSI exam.
- Home Ownership Concepts
- Real Estate Liens
- Buyer Representation
- Land Use Issues
- Environmental Issues
- Law of Contracts
- Real Estate Commission Rules
- Ethics Associated with Real Estate Industry
- Loans Taxes
- Real Estate Disclosures
- Loans Taxes Associated with Real Estate Industry
- Agency and Duties to Clients
- Where do you get study materials for the PSI exam?
You can buy different books to find study materials for the PSI exam. However, these books are costly and you need to buy a lot of books to find the right study material for the PSI exam. For this reason, many people aren’t able to make the right preparation for the exam.
Fortunately, you can find all PSI exam study material online these days. These study materials are especially dedicated to the PSI exam. Hence, you can cover the complete PSI exam course very easily. You need to study around 96 hours of study material to pass the PSI exam.
- Benefits of taking a real estate license
You become a legit real estate agent when you pass the PSI exam. Big real estate deals will come in front of you when you obtain a real estate license. As a result, you can participate in big real estate deals. Due to this reason, everyone wants to get a real estate license.
- Must have requirements to get a real estate license
Apart from passing the PSI exam, you also need to fulfill a few criteria to obtain the Kentucky real estate license. The first requirement is that you must be 18 years old to get a real estate license. You also must not have any criminal record. The applicant also has to have a high school diploma or GED level education. After passing the PSI exam, you have to apply for the license within 60 days.
Many people think that the job of a real estate agent is boring. However, the fact about the real estate job is quite contrary. In this job, you can meet many interesting people. At that same time, you can work with big deals. Due to this reason, you can also earn a lot of money from the real estate agent job. If you want a prosperous career, then you should become a realtor.
