Are you dreaming of a career in real estate in Louisiana? You can experience the fulfillment of helping clients buy homes nestled along scenic bayous or sell properties with a rich Creole heritage.
Louisiana’s vibrant real estate market is not just a job. It’s a gateway to personal growth and success. From historic homes to modern developments, the opportunities are endless. If you’re passionate about connecting people with their ideal properties, Louisiana’s real estate industry might be the perfect fit for you.
To jump in, you’ll need to follow Louisiana’s straightforward, step-by-step process to become a licensed real estate agent. While the journey demands commitment, the steps are clear, and with effort, a fulfilling career lies ahead.
In this guide, I will cover each step, from eligibility requirements to securing a sponsoring broker.
Step 1: Meet the Basic Eligibility Requirements
You must be 18 years old to qualify for real estate in Louisiana. The field is open to anyone motivated to succeed. Also, you need a high school diploma or GED.
Step 2: Complete the 90-How Pre-licensing Course
Your next step is completing the 90-hour pre-licensing course. This course is designed to introduce you to:
- Key real estate principles
- Lousiana-specific laws
- Commission regulations
- Agency practices
In Louisiana, there are various options in the real estate market for residential, commercial, and property management.
Moreover, Louisiana offers you the power to meet your requirements in a way that suits you best. Whether you prefer online or in-person formats, the choice is yours. This flexibility allows you to choose a learning style that fits your busy schedule, putting you in control of your learning journey.
Save 30% on your real estate courses today! Take advantage of this limited-time offer for discounted pre-licensing education and kickstart your career.
Step 3: Submit Part A of Your License Application
Then, you’ll need to submit part A of your Louisiana Real Estate Salesperson License Application. Along with this application, include your course completion certificate and a fee of $90. These documents go to the Louisiana Real Estate Commission (LREC).
It’s your responsibility to ensure that your application is complete and accurate. Only complete information can prevent processing delays, so be sure to double-check your application before submission. This commitment to accuracy is crucial for your progress toward obtaining a license.
By submitting Part A, you show to the LREC that you are prepared to move forward.
Step 4: Schedule and Pass the Louisiana Real Estate Exam
The next major milestone is passing the Louisiana Real Estate Exam. Administered by Pearson VUE, the exam takes place at testing centers throughout Louisiana, including:
- New Orleans
- Baton Rouge
- Shreveport
The cost is $78 for your first attempt. A retake fee will cost you $93.
The exam consists of 135 multiple-choice questions covering national and Louisiana-specific real estate topics. You’ll need to score 70% to pass.
Step 5: Complete a Background Check
After passing the exam, the next step is to complete a background check. Louisiana requires all applicants to undergo fingerprinting and background checks through IdentoGO. This background check costs $60.75; the results are sent directly to the LREC.
Keep in mind that background checks are valid for a limited time. Schedule it close to submitting your application to avoid needing a repeat.
Step 6: Find a Sponsoring Broker
Louisiana requires all real estate salespersons to work under a licensed broker. Your sponsoring broker will be your mentor, guide, and support as you start your career as a real estate agent. They’ll provide you with the resources and training to succeed.
When looking for a broker, consider factors like:
- Commission splits
- Training programs
- Brokerage fees
Collaborating with a broker lets you learn from a Louisiana real estate expert. Ask questions, explore your options, and choose a broker who aligns with your career goals and values.
Step 7: Complete Your Licensing Process by Submitting Part B and E&O Insurance Proof
Submit Part B of your application to the LREC with proof of Errors and Omissions (E&O) Insurance. This insurance protects you and your clients by covering specific legal claims arising from real estate transactions.
Step 8: Complete Post-Licensing Education
Within the first 180 days of licensure, Louisiana requires you to complete 45 hours of post-licensing education. This additional training helps deepen your understanding of real estate practices and legal responsibilities.
Post-licensing education helps you gain confidence in your new job and learn valuable skills. These skills will help you stand out in a competitive market.
Many new agents find that these courses provide invaluable insights into practical aspects of the job that pre-licensing courses only touch on.
Ready to Start Your Real Estate Journey?
Becoming a real estate agent in Louisiana may seem daunting, but this guide provides a clear roadmap. You’ll be ready to join the ranks of Louisiana’s real estate professionals.
So, are you ready to get started?
FAQ
What are the basic eligibility requirements for a real estate license in Louisiana?
To qualify, you must be at least 18 years old and have a high school diploma or GED equivalent. Additionally, you’ll need to complete a pre-licensing course, pass the licensing exam, and meet all application and background check requirements.
How long does completing the pre-licensing course for a Louisiana real estate license take?
The 90-hour pre-licensing course can take 1 to 3 months, depending on your schedule and whether you choose an online or in-person course. Studying full-time can significantly speed up completion.
How much does it cost to become a real estate agent in Louisiana?
The total cost typically ranges from $540 to $1,100, depending on course fees, exam costs, application fees, background check fees, and insurance. This amount can vary slightly depending on the education provider you choose.
What happens if I don’t pass the Louisiana Real Estate Exam on my first try?
If you don’t pass the exam, you can retake it as many times as needed within two years from the date of your original exam application. However, each retake costs $93, so it’s best to prepare thoroughly before each attempt.
Do I need a sponsoring broker to get my real estate license in Louisiana?
Yes, Louisiana requires all real estate agents to work under a licensed broker. Your broker will support and guide you as you start your career, so finding the right one is essential in the licensing process.
What is Errors and Omissions (E&O) insurance, and is it required?
E&O insurance is required for all Louisiana real estate agents before receiving their license. This insurance protects agents and their clients against specific legal claims arising from professional errors.