Do I Need a High School Diploma to be a Real Estate Agent?
TV shows like Million Dollar Listing or Selling Sunset can give a glimpse into high-end real estate life. While the agents in these series pocket huge commissions because they are selling homes priced at a million or more, this is not the story of a typical agent. Even so, the average annual salary for a real estate agent in Arizona is around $104,351, according to Indeed. If you’re new to the industry or work part-time, it can be a little lower but generally real estate agents can make above $75k.
Arizona Real Estate Agent Requirements
There are some requirements to get started as a real estate agent. To become a real estate agent in the State of Arizona, you must be at least 18 years old and pass the real estate agent licensing exam. A high school diploma or its equivalent, a GED, is not required to get an Arizona real estate salesperson's license. Yet, you must pass the real estate agent licensing exam.
Skills You MUST Have in Real Estate
While a career in real estate is enticing, there are some skills you need to have to be successful. Inman.com, a real estate news and analysis website, states there are at least twenty-two soft skills that real estate agents need to have. These include excellent communication, listening, persuasion, negotiation, problem solving, and conflict management skills, among others.
Things You Should Know About the Real Estate Industry
A career in real estate can bring you a sound income. If you have the right skills and learn to make good decisions with your money, you can do well. However, be aware that the real estate market is subject to highs and lows. There will be times when sales are up and you can receive a steady stream of commissions, but there are also times of downturn. It's important that you understand how market fluctuations work and prepare yourself for those slower periods.
If you feel that a career in real estate is for you, a high school diploma will help you immensely. Undergoing the process of getting your high school diploma will help you develop skills and shape your character in a way that will make you a better fit for the job. In high school, you will gain general knowledge about how things work in the world. You will also benefit from learning to set a goal then accomplishing that goal. This process builds determination. You will often work with others as a team and develop collaboration skills. Turning homework in on-time, develops your ability to meet deadlines, which is also critical in real estate. There is so much to be gained from finishing your high school education.
While it can seem easier to skip ahead to a job or career, school gives you ample opportunities to grow in many areas. These are all skills that enable you to be successful in real estate and nearly any other career you choose. In the end, you will benefit from more career opportunities and income potential.