Are you thinking of becoming a Realtor® in Michigan? Realtors enjoy a flexible work schedule, a respected position in the community, and unlimited income potential. And you don’t even need a college degree to get your Michigan real estate license.
Here’s everything you need to know about how to become a Realtor in Michigan.
Did you know that there is a difference between a “real estate agent” and a “Realtor”? A real estate agent is anyone with a license to practice real estate, and a Realtor is a real estate agent who is a member of the National Association of Realtors (NAR). So all Realtors are real estate agents, but not all real estate agents are Realtors.
The question is, should you just become a real estate agent, or should you take the extra step to become a Realtor?
Savvy buyers and sellers typically choose to work with a Realtor over a real estate agent because Realtors are held to the NAR Code of Ethics while real estate agents are not. Clients appreciate this added layer of accountability, and because of this higher ethical standard, becoming a Realtor gives you instant credibility.
As a Realtor, you’ll also enjoy:
Earning your Michigan real estate license gets you about 95% of the way toward becoming a Realtor in Michigan. So let’s start with the steps you need to complete to become a licensed Michigan real estate agent:
Once you choose your broker and pass your exam, your open real estate license application will be complete, and you’ll be issued a shiny new Michigan real estate license. At this point, you’re officially a real estate agent in Michigan, but to become a Realtor, you’ll need to take one more step.
The only remaining step to becoming an official Michigan Realtor is to join your local chapter of the Association of Realtors. Simply complete the application to join, and pay your new membership dues. By joining your local association, you’ll automatically become a member of the Michigan Realtors and the National Association of Realtors.
The only downside to being a Realtor is the expense. Every Realtor in Michigan pays local dues, state dues, and national dues, which can total several hundred dollars annually.
Becoming a Realtor isn’t required, but it’s generally a good idea as long as you can afford it. You can always start as a Michigan real estate agent and become a Michigan Realtor once your business gets going. Don’t let the annual Realtor dues keep you from getting your Michigan real estate license and launching your new career as a real estate agent. Enroll in your pre-license Michigan real estate course today to get started on your new career path!
Learn more about getting a real estate license in Michigan and get exclusive offers