A real estate with a license to help clients buy homes or expand their businesses in nations worldwide is known as an international real estate agent. Advanced certification courses prepare them to become experts in various areas of global real estate—also exchange rates and currencies, cross-cultural partnerships, and investment performance. In this guide, I will guide you on how to become an international real estate agent.
They can live in the United States and help people from other countries locate properties in this country, or the agent could help clients discover homes in other countries, depending on their preferences.
The steps to becoming an international real estate agent are as follows:
How to Become an International Real Estate Agent
Continue your education
Ensuring you have the relevant qualifications is the first step to becoming an international real estate agent. To obtain a license in your state as a realtor, you must have a high school diploma or GED equivalent. Obtaining a degree with a real estate specialization can be advantageous because the courses provide extensive experience in most real estate professions.
This course will teach you the skills needed to successfully work in real estate. You’ll learn about property appraisal, brokerage marketing law, and investment- all of which are important for any agent looking at becoming successful!
A better understanding of these topics can give potential employers more reason why they should hire someone trained by our company because these talents help with their business interests and attract new customers.
Acquire certifications and licenses.
Before becoming an international real estate agent, you must obtain your general real estate license. To do this, you will need to take courses leading to an exam that demonstrates your knowledge of topics related to the field. Since real estate standards differ from state to state, it is advisable to check with your state’s real estate board to determine what courses and exams you will need to take to acquire your license.
After passing the exam, you must submit the required payments to the state board, and then mail you your license.
Get some experience
It’s good having experience in the local market and expand your network of contacts; as much as possible before pursuing an international real estate certification. Gaining experience will allow you to learn from experienced agents, improve your marketing skills, and network with others who have worked in residential and commercial real estate markets around the world.
When applying for an international real estate company, you are likely to be considered a serious candidate if you have previous experience as a successful local agent.
Obtain CIPS certification.
To earn your international license, you must complete the Certified International Property Specialist (CIPS) certification courses, the only credential recognized by the National Association of Realtors. Your certification is valid for three years after you receive it.
The following are the processes for obtaining your CIPS certification:
Sessions: Certification consists of five eight-hour courses. The two required courses are Local Markets in Global Real Estate and Transactional Tools. The next three elective courses focus on marketing real estate in regions like Europe, Asia, and the Americas.
Application: After completing your training, you must fill out an application that includes numerous areas assessing your international real estate knowledge. Each category is worth a certain number of points, and certification requires 100 points.
Money: When you submit your application, you must include the application and membership fees.
Choose a topic that interests you.
Consider focusing your international career on a particular region of the world that interests you. Choosing a particular location will help you learn about the culture and customs of that area and travel and network there. Focus exclusively on the clientele and real estate prospects there. You can grow your business to other parts of the world once you have established yourself.
Network with other agents
As a real estate international agent, it can be helpful to network with people in the area where you want to do business. Consider signing up for networking events; they may be accessible via the Internet, while others may require travel to the country in question.
Networking allows you to meet powerful people in that region of the world. Also, establish contacts that can refer you to new clients or offer you job opportunities.
Tips to become a Successful International Real Estate Agent
Here are some tips to keep in mind as you begin your international real estate career:
Become thoroughly familiar with the culture of your market. There are different cultural norms in different parts of the world. Understanding the norms of the area in which you intend to sell property demonstrates that you are aware of the culture and values of the clientele you intend to deal with.
Know the language. Learning some of the language basics can benefit you wherever you want to work. Your clients will likely appreciate your effort to employ some of their words and phrases.
Focus on a single field. Because the international real estate industry is so broad, concentrating on a single specialty will allow you to become an expert in that field. For example, you can choose between luxury real estate and business real estate.
Frequently Asked Questions
How to become a real estate agent in a foreign country?
To work as an international real estate agent, you will need several qualifications, work experience, specific job skills, and knowledge of real estate markets worldwide. This includes information about the luxury market and rental demand in your area.
Your responsibilities include using your real estate skills to grow your company’s reach in the global marketplace. You must also obtain CIPS (Certified International Property Specialist) certification to practice globally.
What is the role of an international real estate agent?
As an international real estate agent, your role is to help non-residents buy and sell land and property in your country. Most international real estate agents specialize in one of two types of properties: residential or commercial.
How do real estate agents become international real estate experts?
An agent must complete a six-module online course to become an International Real Estate Specialist. The agent must pass an exam with a correct score of 75% at the end of each module to pass.
How to become a global leader in luxury real estate?
Don’t be intimidated by the title; becoming a global luxury real estate agent is much easier than you might think. It takes time and effort, but it all comes down to common sense and a clear understanding of luxury. To thrive on the world stage or even locally, you have to be well versed in the subject.
What is the process for obtaining an international real estate license?
- To be eligible for CIPS training, you must already be a licensed real estate agent and a member of the National Association of Realtors.
- Complete the one-day CIPS Global Real Estate: Local Markets core course. Pass the multiple-choice course exam with a minimum score of 70%.
- Complete the one-day CIPS Global Real Estate: Transaction Tools basic course. Pass the multiple-choice exam with a minimum score of 70%.
- Choose three one-day CIPS elective courses from Europe and International Real Estate. Asia/Pacific and International Real Estate, the Americas, and International Real Estate. BTW, the minimum score is 70%.
- Begin completing the Requirement #2 section of your CIPS application.
- To obtain approval in the same year, submit the CIPS designation application form and processing fee to the National Association of Realtors by October 1.
- Once your application has been granted, you must pay your annual dues to the National Association of Realtors to use your CIPS designation.
Some real estate agents like the chance to hone their talents in real estate sales by opening up to the global market. Selling real estate to a wide audience can improve your overall income. At the same time, it allows you to learn about different cultures in different parts of the world.
If you are interested in learning more about international brokerage, regional market circumstances, and selling property internationally, becoming an international real estate agent could be a great career opportunity for you.
Sheena Whitlock, a property expert, and blogger with over 15 years of experience in the field. The knowledge and skills Sheena has acquired during her career have given her invaluable insight into the property management business.
She has done her Property Development BSc (Hons) from the University of Portsmouth and completed her Master’s Degrees in Property Management from the University of Chicago.
As a professional, she has spent time working for various companies as a property management officer and currently works at Asset Info Hub where she shares her knowledge and experience on various property matters with people around the world, questioning their queries via blogging and virtual consulting services.