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The Honolulu Star Advertiser reports that Hawaii is expected to see a new influx of real estate agents as the island becomes more attractive for travelers and those looking to retire.
In order to become a real estate agent in Hawaii, you will need to have at least one year of experience. You may also need to take and pass the state’s licensing exam.
The procedure for becoming a real estate agent in Hawaii is simple. To begin, complete the 60 hours of prelicensing instruction needed by the Hawaii Real Estate Commission (HREC). After that, you must pass the Hawaii real estate license test, locate a sponsoring agency, and submit your application. To earn your real estate license in Hawaii, follow the procedures below and say “Aloha!” to a successful real estate career.
1. Comply with Hawaii’s Legal Requirements to Become a Real Estate Agent
To get a real estate license and work as an agent in Hawaii, you must meet a few requirements. You must be at least 18 years old, have a high school diploma or GED, and be a legal resident of the United States. Furthermore, you must have a track record of competence, honesty, candor, financial integrity, and fair dealing.
This implies that if you have a criminal record, acquiring a real estate license in Hawaii may be difficult. If this is the case, complete the Request for Preliminary Decision Application and provide supporting evidence explaining the violation before enrolling in prelicensing courses (s). Your information will be reviewed by the HREC to see whether you are eligible for a license.
What if I told you that
Although Hawaii does not have reciprocal agreements with other states, if you have had a real estate license in another state for a year or longer, you may be eligible for an Equivalency to the Prelicense Education Requirement and/or the Equivalency to the Uniform Examination. If you qualify, you won’t need to take any prelicensing classes, but you’ll still need to fill out an application and pass the state section of the real estate test to get your Hawaii real estate license.
In terms of mobility, Hawaii is also a physical state. Other states’ agents and brokers are permitted to do business in Hawaii, but they are not permitted to enter the state for the purpose of conducting real estate business. They must do it remotely, and they are not permitted to enter the state for any purpose, including showings, closings, or any other cause.
2. Complete all pre-licensing courses that are required.
It’s time to enroll in real estate prelicensing classes after you’ve verified that you satisfy the legal criteria to become a real estate agent in Hawaii. This is a wise investment since lessons will prepare you not just for the state licensure test, but also for success in your chosen profession. You must finish 60 hours of study in person or at a recognized online real estate school, according to the HREC.
Prelicensing classes for prospective Hawaii real estate agents cost between $345 and $849 and include the following topics:
- Controls and limitations on land use
- Market research and valuation
- Financing
- Agency principles in general
- Disclosures about the property
- Contracts
- Management of real estate and leasing
- Transfer of ownership
- Real estate practice
- Calculations for real estate
- Obtaining and releasing relevant information
- Different types of ownership
- Management of real estate
- The use of land
- Conveyances and title
- Closing statements and the escrow procedure
- Professional ethics and behavior
What if I told you that
You may skip the prelicensing education requirements and go straight to the application and test stage of the Hawaii real estate licensing procedure if you have a law degree or a bachelor’s degree in real estate or business from an authorized U.S. institution.
If you’re wanting to start your license studies, Real Estate Express’ online prelicensing classes are a great place to start. Choose from four different package choices to customize your education to your specific requirements. 60 hours of instruction, instructor assistance, and two real estate e-books are included at all levels. More interactive online aspects, such as live teacher question-and-answer sessions and test preparation, are available in higher-tier packages.
3. Take the real estate exam in Hawaii.
The general/uniform and state parts of the Hawaii real estate test must both be passed in order to receive a real estate license in Hawaii. The general/uniform section has a 56 percent success rate, while the state portion has a 46 percent pass rate, indicating that although the test is challenging, it is not impossible to pass.
Your test will be taken on a computer, and your results will be presented on the screen at the conclusion of the exam. If you fail, you will get an email with a diagnostic report highlighting your strengths and shortcomings, which you may use as a study tool. You will only be asked to repeat the failed portion if you pass one component of the test but fail the other.
Within two years of your initial test date, you must pass both portions. You have 24 hours after your initial try to reschedule one or both portions of the test.
Exam Specifics
Make Your Exam Appointment
The Hawaii real estate exam is provided by PSI, a national provider for state licensing exams. In order to Make Your Exam Appointment, you’ll first create an account on the PSI website to gain access to the scheduling portal. Once you do, you will receive a copy of the Hawaii Candidate Information Bulletin, which has additional testing information.
The test costs $61 and may be paid with a credit or debit card immediately on the website. Because test results are only valid for two years after passing, it’s critical to apply for your Hawaii real estate license as soon as possible after passing.
Because the Hawaii real estate test might be difficult, proper preparation is essential. PrepAgent is your go-to resource for ensuring you pass, whether you have had a week or a year to study. Choose from a variety of study resources, including videos, live webinars, flashcards, and more, to help you get a head start on your real estate career.
4. Decide the company you want to work for.
If you want to keep your real estate license current in Hawaii, you’ll need to locate a sponsoring brokerage. This, like your education, is critical to setting your real estate career off to the greatest possible start.
5. Submit an application for a Hawaii real estate license.
After passing the test, you will be sent an application for a Hawaii real estate license as well as for instructions on how to submit it. Your official school transcripts must be submitted online, which you may accomplish by establishing an eHawaii account. The remainder of your application, as well as any connected payments, may be sent to the HREC in person or by mail.
Your application will be completed in three to five business days, and you will get your Hawaii real estate license after it has been accepted. Visit the HREC Real Estate Salesperson Flowchart or the General Information for Real Estate License Fact Sheet for additional information.
6. Get Your Real Estate Career Started
You’re ready to begin your professional real estate career now that you’ve learned how to become a real estate agent in Hawaii.
Frequently Asked Questions
How much does a realtor make in Hawaii?
The average salary for realtors in Hawaii is listed at $39,000.
Is it hard to be a real estate agent in Hawaii?
It is not easy to be a real estate agent in Hawaii. But I am sure you will find something that fits your needs and interests!
How much does a Hawaii real estate license cost?
You can find this information on the Hawaii real estate license website.
