Becoming an Agent

If you consider yourself to be outgoing, respectful, considerate, hard-working and eager to make new friends and neighbors, you're probably a good candidate to be a real estate agent with Harbor Light Realty. Here is some information to get you started:

Index

• Real estate licensing requirements in New Hampshire
• License renewel and continuing education requirements
• What is a REALTOR®?
• Income potential
• Real estate schools

Real Estate Licensing Requirements in New Hampshire

All real estate agents in the State of New Hampshire must be licensed by the New Hampshire Real Estate Commission. To obtain this license, do the following:

1. Satisfy the minimum requirements to apply to sit for the real estate exam:
   • Be 18 years or older.
   • Successfully complete 40 hours or more of education.
2.  Submit a completed New Hampshire Real Estate Examination Registration Form along with:
   • An exam fee of $100.
   • School certification for required real estate courses.
3. Upon receiving notification of your eligibility, Register, Take and pass the New Hampshire salesperson exam. The exam is 3.5 hours long with 100 questions for the national portion and 40 questions on the state portion. To pass, you'll need to answer at least 70% correctly on both portions.
4. Complete and submit application for real estate license to the New Hampshire Real Estate Commission along with:
   • A completed New Hampshire Real Estate Salesperson License Application.
   • An original exam score report.
   • A license fee of $70.

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License Renewel and Continuing Education Requirements

The New Hampshire real estate salesperson license is valid for 2 years. To continue practicing as a real estate agent in New Hampshire, you must complete the required continuing education and pay the appropriate license renewal fees.

The continuing education requirement is 3 hours of core course and 6 hours of electives. There is a renewal fee of $70.

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What is a REALTOR®?

A real estate agent is a REALTOR® when he or she pays an annual fee to be a member of the National Association of REALTORS® and subscribe to its Code of Ethics. The agent generally joins through the local board or association.

For example, in Bedford, NH once you have obtain your real estate license, you may pay a fee to join the GREATER MANCHESTER/NASHUA BOARD OF REALTORS®.

Joining the local board makes you a member of the NEW HAMPSHIRE ASSOCIATION OF REALTORS® and the National Association of REALTORS®. All REALTORS® are real estate agents but not all real estate agents are REALTORS®.

Visit http://www.realtor.org/realtororg.nsf/pages/whoisarealtor for more information.

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Income Potential

Real estate agents are generally paid based on a percentage of the sales price. The seller may pay a certain percentage of the sales price as the fee and that will usually be split 50/50 between the seller and buyer's broker. This fee is then split further between the broker and agent. Generally, for starting agents, the split is 50/50.

There is no limit as to how much an agent can make in a year - the sky's the limit. Based on Portsmouth's median home price, a real estate agent in New Hampshire could make about $58,050/year by selling 10 houses. By selling one house per week, the real estate agent in New Hampshire could earn up to $301,860.

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Real Estate Schools

The first step to becoming a real estate agent in New Hampshire is to take the required classes at an approved real estate school. School status may change so it is best to call the New Hampshire Real Estate Commission at 603.271.2701 prior to signing up for a class.

Below are some real estate schools in cities like Bedford, Portsmouth, Rochester, Manchester, Hanover in New Hampshire that are currently approved by the New Hampshire Real Estate Commission.

Real Estate Schools in New Hampshire

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When you're ready...

Give Harbor Light Realty a call to set up a meeting. We're always considering talented new full-time agents who want to join the team at the Lake Sunapee-region's most effective real estate agency!

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