American Real Estate License System

The American real estate license system regulates who can sell or manage property. Each state requires individuals to pass a licensing exam after completing approved education courses. This ensures that agents understand property laws, ethics, and market practices. Brokers, who oversee agents, must have additional experience and education. Licenses usually need to be renewed periodically, often with continuing education. This system aims to protect consumers by ensuring that real estate professionals are knowledgeable and adhere to legal standards, contributing to a more trustworthy real estate market.