Career changes are always a bit frightening, and you may be nervous about entering a commission-based field like real estate sales. While we understand your concerns, there’s always room for service-minded agents in the Ohio real estate industry. If you are asking yourself, “Should I become a real estate agent in Ohio?” – keep reading. We have excellent news for you.
Key Takeaways: Should I Become a Real Estate Agent in Ohio?
- Summer 2024 data shows that the Ohio real estate market is doing well.
- Real estate agents who offer top-tier services and transparent fees should continue to do well regardless of the recent developments with the NAR.
- Working as a real estate agent has many benefits, including flexible scheduling and the ability to be your own boss.
- Quality pre-licensing education can prepare you for your real estate exam and help you better serve your future clients.
Overview of the Ohio Real Estate Market
According to a news release by Ohio REALTORS®, Ohio’s housing market is showing growth in 2024, with both home sales activity and homeprices increasing. Home sales in April 2024 increased 13.2% YoY. The average sales price across Ohio in April reached$280,814, which was a 4.9% increase from the previous spring.
If you are considering a career switch to real estate, you may have waited for positive real estate market data to earn your license. However, we want to remind you that it takes two to three monthsto become a real estate agent in Ohio. In addition, it will take time to establish your business and gather leads. Get started earning your license today so you are ready for whatever the future holds.
Recent Trends and Developments Impacting the Market
Things are rosy in Ohio real estate, but you may also wonder how the recent National Association of REALTOR’s proposed settlement will impact your ability to enter the industry.
It’s worth noting that one of the focuses of the NAR lawsuit settlement is to increase transparency and competition within the industry. Don’t look at this as a negative result for real estate agents. A real estate agent with a transparent fee structure and diverse and valuable services should remain very competitive and do well with the changes.
Advantages of Becoming a Real Estate Agent in Ohio
As you wonder, “Is it worth getting a real estate license in Ohio?” allow us to remind you of the advantages of becoming a real estate agent:
- Working in an exciting industry
- Potential for high earnings, especially in the luxury market
- Flexible schedules
- Positive job outlook and opportunities
- Independence
- No day is ever the same
- Ability to be your own boss
Real estate agents also have the honor of helping people with one of the most personal financial decisions they will ever make – buying a home.
Related article: Is a Career in Real Estate Right for You?
Skills and Qualities for Success
Do you have what it takes to succeed in a competitive real estate market? It helps if you have the following qualities:
- Integrity
- Adaptability
- Attention to detail
- Persistence
- Positive growth mindset
- Patience
- Confidence
In addition to these qualities, you also need strong skills and in-depth knowledge to succeed in a competitive market, including the following:
- Communication skills
- Negotiation skills
- Marketing know-how
- Networking skills
- Time management skills
- Technological proficiency
- Ohio Market knowledge
- Problem-solving skills
The list goes on and on. However, the good news is that those knowledge and skills can be learned and developed.
Hondros College offers all the requiredreal estate courses you need to become a real estate salesperson and broker in Ohio. We offer in-person, livestream, and at-your-own-pace online courses that must be completed before taking the Ohio state licensing exam.
In addition, Hondros College offers the ongoing training and continuing education you need to grow your real estate business and renew your Ohio real estate license.
FAQ: How hard is it to pass the real estate exam?
Passing the Ohio real estate exam requires an excellent pre-licensing education and focused study time. Increase the likelihood of passing the exam the first time you take it with Hondros College. We offer an Ohio real estate Exam Prep boot camp, which includes access toCompuCram Real Estate Exam Prep, Crammer Sales Review Course, and Real Estate Math.
It’s a great time to become a real estate agent in Ohio! Get started today by reviewing how to become a real estate agent in Ohio and contacting Hondros College for more information.
Source:
“Home Sales News Release.” Ohio REALTORS. Accessed June 13, 2024. https://www.ohiorealtors.org/home-sales-news-release/.
