How to Get Your OH Realtor’s License Online

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Today’s technology has made online learning more functional and interactive. Getting a realtor’s license shouldn’t be a problem if you are tech-savvy and have access to the internet. Most real estate schools in Ohio now offer full online programs.

You can take advantage of this if you are a prospective realtor looking for a cost-effective, self-paced study option. The real challenge is finding a good real estate school that will give you value for both your money and time.

This is where we come in. We have curated a list of factors to consider when reviewing online realty courses in OH. Additionally, you will find the steps involved in getting your Ohio real estate license online, as well as the requirements you must meet to be eligible for licensure.

Why Study Online?

Online realtor’s courses come with many pros. They are perfect for self-driven individuals who cannot find the time to attend in-person classes. The classes are flexible, allowing you to learn at your own time and pace.

Compared to physical classes, online real estate programs are more cost-effective. You don’t have to worry about miscellaneous expenses like traveling to and from the school.

Licensure Requirements

Don’t be too quick to enroll in an online realtor’s program before reviewing the list of prerequisites. The requirements are almost the same in most states across the U.S. In Ohio, you must be a legal resident and 18 or older.

Good moral character is a must if you want to work in Ohio’s property market. Past arrests or legal issues related to disqualifying offences will eliminate your chance of working as a realtor in Ohio.

Also, don’t lie on your application. The state will run a background check later during licensure, and you face charges of perjury.

A high school certificate or an equivalency test is required. After that, you must complete the 120-hour pre-licensing coursework.

Finding the Best Online Program

Selecting the ideal online course will help you achieve your goals. It will also set you on the path to becoming a successful realtor or broker once you get your license. However, the many options available can be overwhelming for new students.

Here are some key factors you should consider:

  • Accreditation From the State

Only consider schools or online programs approved by Ohio’s REPL. Avoid enrolling in a program if you aren’t sure about its approval status. Accredited online courses or schools, like this one over here, follow guidelines set by the state to ensure you receive quality education and guidance from professional instructors.

  • Fees

Tuition or course fees vary depending on multiple factors. Shop around while comparing fees and course material. This will help you narrow down your options to what you can afford. Look for programs offering flexible payment plans.

Also, take advantage of free trials if available. This option allows you to sample the course before fully committing. Also, ensure that the study materials and other resources are worth the money you are paying for the program.

  • Read Reviews

Reviews and student testimonials are great if you want to know more about an online realty course. Pay extra attention to what students say about the course quality. This should include the instructors’ experience and the support from the administration.

Do not ignore negative or one-star reviews. They can provide insight into whether the course is worth it in the long run.

  • Course Format

We all have different learning styles. Choose an online course that complements your preferred method of learning. However, this will also depend on what you can afford. Some packages include interactive learning resources like quizzes and mock tests to help you strengthen your comprehension.

Even with basic programs, you can still make the most of study guides and recorded video lectures. Consider supplementing your studies with additional resources from local libraries or online.

Course Breakdown

OH’s real estate pre-licensing program is 120 hours long. Based on our research, completing the course typically takes two to three months, depending on your learning pace. The course is divided into four sections.

  • Real Estate Practice

The first part is 40 hours and it covers topics related to real estate practice. There, you will learn about property rights and ownership laws. Other topics you will cover include property appraisal, contract drafting, management, and agency relationships.

  • Real Estate Law

Another 40 hours with the focus shifting to legal aspects related to property markets. You will learn about all legal procedures involved in property market transactions. Also, you’ll come across topics such as contract law, fair housing policies, and licensing laws.

  • Finance

You will spend 20 hours learning about various financing options available to homebuyers and investors. Talk of mortgages, government-backed loans, and home equity loans. All are covered under this section. You will be taught how to calculate interest rates and loan payments related to real estate.

  • Appraisal

This section is 20 hours long and delves deeper into property valuation and drafting appraisals. You will understand the different techniques used in determining property value. Also, you will know what factors to consider that may affect property value.

Exam Preparation

Your last major hurdle is passing the OH’s licensing exam administered by PSI Exams. You have 120 questions, with 80 covering federal topics and 40 related to state laws and regulations. You must score 70% and above to pass the exam and be eligible for licensure.

Take time and prepare for the exams. Some schools offer exam prep materials under their pre-licensing programs. Also, get yourself a copy of the student’s handbook. It is a good guide that covers everything from how to register for the exams to revision materials.

Wrapping Up

Online learning has grown over the years, becoming a popular choice for students seeking flexibility and convenience. This article will help you find the perfect OH realtor’s license pre-licensing course.

Seek recommendations from friends and family who have gotten their salesperson or broker licenses via online courses. Also, make a point to attend several industry events before completing the course. There, you will get to meet other students and professionals who may play a critical role in your career.