Benefits of getting your Rhode Island real estate license

Top 6 Benefits of Getting your Rhode Island Real Estate License

1. Increased earning potential: As a licensed Rhode Island real estate agent, you can earn a commission on every successful sale or rental you complete. This can lead to a significant increase in your income compared to a salaried job.

2. Flexibility: Real estate agents often have the flexibility to set their own schedules and work as much or as little as they want. This makes it a good career choice for those who value flexibility and control over their work-life balance.

3. Entrepreneurial opportunities: With a real estate license, you can start your own brokerage or work as an independent contractor. This allows you to be your own boss and have control over your career path.

4. Career advancement: With experience and a strong track record, you can advance your career by becoming a broker, a real estate instructor, or even a real estate developer.

5. Personal and professional growth: Working in real estate requires you to be constantly learning, adapting, and developing new skills, which can be a great opportunity for personal and professional growth.

6. Helping people: Real estate agents have the opportunity to help people make one of the biggest financial decisions of their lives, which can be a rewarding experience.

If your ready to see where a real estate license can take you visit www.MyAgentLicense.com

                                           Real Estate Institute of Rhode Island          

State approved real estate school

401.943.8500

info@InstituteRI.com 

It's back to school, adult education that pays

It’s that time of year again, back to school!

No matter what your age you are never too old to learn something new, a Rhode Island real estate license offers freedom and income opportunity at any age.

We know you have a lot on your plate. You might be juggling work, family, and other commitments. That’s why we offer flexible real estate class schedules so that you can take the course at a time that works for your schedule. And with our online classes, there are no travel expenses or missed days of work, no need for childcare or transportation. With a real estate license, you will gain access to many different opportunities from sales, rentals and property management to name a few, the possibilities and opportunities are endless when it comes to what you can do with this valuable credential.

The first step to getting a Rhode Island Real Estate License is to complete the state required 45 hour licensing classes. Choose from day, night or weekend class schedules. Enroll in the Real Estate Institute Of Rhode Island fall real estate classes at www.MyAgentLicense.com

Enroll today, Start tomorrow.

*Must be 18 years of age to apply for a Rhode Island real estate license

Real estate licensing classes near me in Rhode Island

 Rhode Island- The Real Estate Institute Of Rhode Island offers state approved Rhode Island real estate licensing classes near me. Choose from day, night or weekend class schedules, enroll today and start classes immediately, no other real estate school offers students the ability to start anytime. For more information visit www.MyAgentLicense.com. 

 

Real Estate classes near me

 Rhode Island- The Real Estate Institute Of Rhode Island® is proud to be one of the most respected schools of real estate in Rhode Island. Many of our students are referred by former students, real estate brokers, sales agents, loan officers, appraisers and title attorneys from throughout the state.

 Every day, new students enroll to earn their real estate license and pursue the dream of becoming a real estate agent. Your first step starts with enrolling in the State required 45 hour  pre-licensing course. 

​Tuition fee is just $325.00  and includes all books. Why wait? 

Rhode Island real estate Trade School

Real Estate Pre licensing classes and continuing education and training

College is not for everyone, often times someone chooses college with the hopes of an education that will be rewarding both personally and professionally, regrettably this is not always the case. After investing a significant amount of time and money to attend college they find the real world is not what they thought or hoped it will be.  Consider a real estate trade school that offers the potential to pursue a career that offers freedom and an income potential limited only by your personal commitment. You can earn a Rhode Island real estate license by completing a 45 hour licensing class and a tuition fee of just $325.00 which includes all books. Choose between day, night or weekend class schedules, start anytime. For more information and enrollment visit www.MyAgentLicense.com  

Online Rhode Island real estate pre licensing classes offered for a limited time due to COVID-19

Real Estate Institute Of Rhode Island

22 Veterans Memorial Drive

Warwick, RI 02886

401-943-8500

info@InstituteRI.com 

Rhode Island real estate pre licensing classes gift certificates

December 2019- Give that special person the gift of education this holiday season.  Earning a real estate license is a gift that will keep on giving for years to come, few gifts offer the opportunity and potential that earning a real estate license can provide. Happy Holidays from the Real Estate Institute!

Real Estate Institute Of Rhode Island
22 Veterans Memorial Drive
Warwick, RI 02886
401-943-8500
info@InstituteRI.com
www.InstituteRI.com

Rhode Island real estate licensing school

Rhode Island Real Estate Classes Just $325.00

Warwick RI- A career in real estate offers an opportunity that is unlike anything a job could offer.  For an investment of just $325.00 for the Rhode Island required real estate pre-licensing classes you have begun a process that has an earning potential limited only by your personal commitment to success. In addition to the great earning potential, you also have control over your time because unlike a job, you are the boss.  Your first step in the exciting world of real estate starts with enrollment in classes.

For more Information contact:
Real Estate Institute Of Rhode Island
22 Veterans Memorial Drive
Warwick, RI 02886
401-943-8500
info@InstituteRI.com
www.MyAgentLicense.com                          

Rhode Island real estate inventory gains

Warwick, RI- The Rhode Island real estate market continues to show increases in the median price of homes at $279,450, an increase of 3.5%.

Credit Rhode Island Realtor Association

At the same time, the number of homes coming on the market is increasing which according to Robert Scaralia Director for the Real Estate Institute Of Rhode Island is a positive sign. Over the last number of years, inventory has been at all-time lows which created an unbalanced market between buyers and sellers which caused home values to increase rapidly creating an affordability challenge in the market, Scaralia points out a balanced market creates a healthier more sustainable market for both buyers and sellers. One simple principle of is a property owner can sell their home for top dollar but if they need to buy a new home to replace the old they are now paying top dollar on the back end. Overall it remains a great time to buy and sell a home in Rhode Island when you take into account the added benefit of the current low-interest rates.  For more information contact a local real estate agent.





-The Real Estate Institute Of Rhode Island is a state-approved Real Estate School offering pre-licensing classes and advanced real estate studies for real estate professionals. For more information visit www.InstituteRI.com or contact the Administrative offices at 401-943-8500 or email info@InstituteRI.com.  Classrooms located at 22 Veterans Memorial Drive Warwick, RI 02886

Rhode Island Values Increase -June 2018

Rhode Island Home Values Increase

PROVIDENCE, R.I. — The median price of houses sold in Rhode Island in June hit $290,000, the highest monthly median price since July 2006, the Rhode Island Association of Realtors reported Friday.

A continuing issue with low inventory led to a nearly 4-percent decrease in the number of houses sold in June, compared with June 2017, the association also reported.

June’s $290,000 median price was more than 6 percent higher than it was in June 2017 ($275,000), and it is also “just 2.8 percent less than the highest monthly median price on record.”

“There’s no doubt that our biggest problem right now is that we can’t meet the pent-up demand for housing,” association president Joe Luca said. “People aren’t selling. They’re staying in their homes longer for a number of reasons — fewer people are being forced to sell due to distressed sales, some people refinanced to extremely low rates that they don’t want to give up, [and] others don’t want to sell because they’re scared they won’t be able to find a home to move to in this market.”

“On top of all that,” Luca added, “Rhode Island remains last in the country in construction starts, and the few new builds that we do have aren’t at a price point that first-time homeowners or most of the middle class can afford.”

Rhode Island communities with the lowest inventory in June included parts of Providence, Pawtucket, Woonsocket, Central Falls, Cranston, and Warwick, and the neighborhoods of Manville in Lincoln, Rumford in East Providence, and several rural villages in the southern part of the state: Ashaway (Hopkinton), Wood River Junction (Richmond) and Bradford (Hopkinton and Westerly). All these locations had less than two months’ worth of housing supply, and five to six months of inventory is considered balanced — neither a buyers’ nor sellers’ market.

Rhode Island’s small condominium market also experienced a price increase in June, with the median condo price rising 8 percent to $230,000, though sales fell by 7 percent, to 227 condos sold.

June real estate in RI in 2017 and 2018

Median house price $290,000 (’18), $275,000 (’17)

Houses sold 1,191(’18), 1,236 (’17)

Days on market 45(’18), 52 (’17)

Pending sales 1,042(’18), 1,433 (’17)

Listings 3,818(’18), 3,888 (’17)

SOURCE: RHODE ISLAND ASSOCIATION OF REALTORS

The association added that “with the cost of rents skyrocketing, multifamily properties have become an attractive investment and sales have seen a meteoric rise in prices as a result.”

There were 205 multifamily properties sold in Rhode Island in June, with a median sales price of $250,000, up 19 percent from June 2017.

-

Article Credit:  Chrisitne Dunn Providence Journal

Real Estate Institute Of Rhode Island

22 Veterans Memorial Drive

Warwick, RI 02886

401.943.8500 Info@InstituteRI.com www.MyAgentLicense.com

You, Inc Real Estate Business Class

Warwick, RI - The Real Estate Institute Of Rhode Island recently announced the approval of their proprietary class You,Inc.  earning 3 continuing education credits for licensing renewal.  This exclusive real estate training class teaches real estate agents how to run their business as a business.  According to Robert Scaralia Education Director for the Real Estate Institute many tenured and new real estate agents fail to understand the business side of being in real estate, this class teaches the fundementals of business development for success.  Scaralia adds knowing how to sell real estate and knowing how to run a business that sells real estate are two completely different things.
For more information and to register for this course visit www.realestateinstituteofrhodeisland.com or call the admissions office at 401-943-8500 for scheduled course dates.

About: The Real Estate Institute Of Rhode Island is a Rhode Island state-approved real estate pre-licensing and continuing education school.  

Real Estate Institute Of Rhode Island
22 Veterans Memorial Drive
Warwick, RI 02886
O. 401-943-8500
F. 401-943-6191
Info@realestateRI.com
www.InstituteRI.com

Rhode Island and Florida agree to real estate licensing reciprocity

Rhode Island real estate agents earn Florida license

Warwick Rhode Island- Rhode Island has entered into a licensing reciprocity agreement with the state of Florida. With this agreement, licensed Rhode Island real estate agents can now apply for their Florida license without full examination. According to Robert Scaralia Education Director for the Real Estate Institute Of Rhode Island the announcement of this mutual agreement by the two states is welcome news for both our real estate pre-licensing students and all current licensed real estate agents in Rhode Island.  Scaralia adds most Rhode Island real estate agents seek a Massachusetts and Connecticut reciprocal license primarily since Rhode Island agents often cross borders but Florida's appeal is strong because many agents retire to Florida or spend the winters months there.  For more information about the requirements to become a licensed real estate agent in Rhode Island visit www.InstituteRI.com

Real Estate Institute Of Rhode Island
22 Veterans Memorial Drive
Warwick, RI 02886
O. 401-943-8500
F. 401-943-6191
info@InstituteRI.com
 

What is the difference between a real estate licensee and a Realtor?

Licensee

Warwick Rhode Island - The difference between a licensee and a Realtor is significant. A licensee is an individual who has successfully completed the state required licensing requirements. In Rhode Island candidates who wish to earn a real estate salespersons license must complete a 45-hour real estate pre-licensing course and pass an examination proving the applicant's knowledge of both modern real estate principles and practices as well as a separate examination proving knowledge of Rhode Island real estate law at this point, the individual is licensed to work for a broker and legally help buyers, sellers and renters complete a real estate transaction and receive compensation, this by definition is a licensee.  On the other hand, a Realtor is a licensee as well who has become a member of the National Association Of Realtors and in doing so subscribes to a strict code of ethics which holds the member to a higher standard of practice which goes above and beyond the states rules and regulations as it relates to a licensees conduct. According to Robert Scaralia education director for the Real Estate Institute of Rhode Island a leading real estate pre-license school and advanced education center for the advancement of real estate professionals states that the majority of newly licensed agents choose to affiliate with a brokerage firm that holds membership with the National Association of Realtors for not only the higher standards of practice but for the many other advantages that come from membership.  For more information about becoming a real estate agent contact the Real Estate Institute Of Rhode Island 22 Veterans Memorial Drive Warwick, RI 02886 401.943.8500 info@InstituteRI.com.

Realtor

A perfect Real Estate storm for Rhode Island

Rhode Island- With just 2497 single-family homes on the market in January.  Rhode Island had less than a three-month supply of listings in January, resulting in a single-family home market that significantly favored sellers. The low supply has resulted in lower sales numbers but home values have seen a 9% increase.

Rhode Island Real Estate Market 

According to Robert Scaralia Education Director for the Real Estate Insitute Of Rhode Island, anyone who has been thinking about selling now is the time to list their property.  The lack of competition in the marketplace is increasing property values so sellers are realizing greater returns. And, when buying their next home, they are taking advantage of the historically low-interest rates.

Scaralia noted that the median price rose 20 percent to $225,000 in the multifamily property sector and sales activity rose 3.6 percent year-over-year. Pending sales dropped 18 percent from the previous 12 months.

Condominium sales, the median sales price rose 15.6 percent from January of 2017, to $215,000.  Sales activity was at 11.5 percent while pending sales decreased 7.7 percent. Taking into account active properties for all categories of housing and the current level of demand plus the historically higher demand that comes with the spring and summer market it will create a perfect real estate storm in Rhode Island.  

For questions about buying or selling or advice on selecting a real estate professional contact: 

Robert Scaralia Education Director 

Real Estate Institute Of Rhode Island 

22 Veterans Memorial Drive

Warwick, RI 02886

401.943.8500

Info@InstituteRI.com 

Data and information provided by- Rhode Island Realtor Association and State-Wide Multiple Listing Service

Real estate values rise in Rhode Island

Rhode Island- According to recent statistics released by Rhode Island Realtors median home prices rose 9% in January 2018. Median single-family sales prices were $244,900, 9% above what it was at the same time period in 2017.

Rhode Island home values increase in 2018

The increase in values was in direct relation to the low inventory in many communities throughout Rhode Island.  Given the current forces of supply and demand home prices are expected to increase well into 2018 according to Robert Scaralia Education Director for the Real Estate Institute Of Rhode Island. 

With the improved overall real estate market and the economy as a whole, many individuals are considering a career in real estate to help meet the increased consumer demand. According to Candace Mandell, student services director for the Real Estate Institute Of Rhode Island "our pre-licensing classes are in strong demand" many new agents are finding the current market conditions a perfect time to earn their Rhode Island real estate license. She adds many real estate companies throughout the state are actively hiring full and part-time new agents to support the growth.

For more information:

Real Estate Institute Of Rhode Island
22 Veterans Memorial Drive
Warwick, RI 02886
O. 401-943-8500
F.  401-943-6191
Info@InstituteRI.com
www.InstituteRI.com

Rhode Island real estate agents licensing.

Verify a Rhode Island real estate agent is licensed before you hire!
When listing, selling or renting in Rhode Island it's important to verify the agent is duly licensed, start by checking their credentials with the state licensing authority.

Hiring A Rhode Island Real Estate Professional

The Rhode Island Department of business regulations real estate division approves and authorizes real estate licensing in Rhode Island. Before you hire a real estate agent to represent you first verify they hold a valid real estate license. You can check to see if they hold a valid Rhode Island real estate license by checking the Rhode Island Department of Business Regulations list of authorized licensees.  All real estate agents in Rhode Island must complete a state-approved real estate pre-licensing course and pass a state exam which proves their knowledge of modern real estate principles and practices and understanding of Rhode Island real estate law.  All Licensees are required to complete a comprehensive state-approved pre-licensing course as administered by the Real Estate Insitute Of Rhode Island before providing real estate advocacy, counsel or advice in the buying, selling or renting of real property in Rhode Island.  

For more information about real estate service in Rhode Island

Real Estate Institute Of Rhode Island
22 Veterans Memorial Drive
Warwick, RI 02886
401-943-8500
Info@InsituteRI.com
www.InsituteRI.com

Frequently asked questions about becoming a Rhode Island real estate agent

Becoming a Rhode Island real estate agent is a relatively easy process. To help you understand it better we have answered a number of the most frequently asked questions.  The most frequently asked questions about becoming a Rhode Island real estate agent. 

Real Estate Institute Of Rhode Island
22 Veterans Memorial Drive
Warwick, RI 02886
401-943-8500
Info@InstituteRI.com
www.InstituteRI.com

Rhode Island real estate license renewal April 30th, 2018

April 30th, 2018 Deadline

All Rhode Island real estate agents who wish to renew their license are required to complete 24 hours of approved continuing education.  Many classes and packages can be completed online by visiting Online Rhode Island CE classes and packages.  All classes must be completed by April 30th, 2018

Rhode Island real estate licensing renewal requirements

For more information contact
Real Estate Institute Of Rhode Island
22 Veterans Memorial Drive
Warwick, RI 02886
401-943-8500
info@instituteRI.com
www.MyAgentLicense.com 

 

Rhode Island real estate license requirements and examination.

To become a Rhode Island real estate salesperson candidates must complete the following requirements. The very first step to begin the process is to enroll in the real estate pre-licensing class.

Rhode Island real estate exam

1. Candidates must be 18 years of age.
2. Complete a 45-hour pre-license class.
3. Complete a 3 hour lead poision/mitagation class.
4. Obtain a criminal history record from the Rhode Island attorney general.
5. Complete a 3 hour New Agency Law class (if not included in the 45-hour pre-license class).
6. Provide proof of Errors and Omissions insurance.
7. A taxpayer status Affidavit/Identity verification 
8. Test score for successfully passing the real estate exam.
9. Completed Real Estate Salesperson Application. 

For more information about becoming a Rhode Island real estate agent and to enroll in pre-licensing classes visit www.InstituteRI.com 

Real Estate Institute Of Rhode Island

22 Veterans Memorial Drive

Warwick, RI 02886

O.401-943-8500

F.401-943-6191

info@InstituteRI.com 

How long does it take to earn my Rhode Island real estate license?

To earn a Rhode Island real estate license applicants are required per Rhode Island law to complete a state approved 45-hour real estate, pre-licensing class.  In addition, applicants are required to take a 3-hour lead paint class to become familiar with the hazards of lead paint in housing.

Rhode Island real estate education

 Upon completion of the 45 hours of in-class study applicants must pass both an exam demonstrating their knowledge of modern real estate principles and practices as well as a Rhode Island real estate law exam.  Students interested in earning their Rhode Island real estate license can enroll for classes through the Real Estate Institute Of Rhode Island by visiting www.InstituteRI.com or by calling the schools administrative office at 401-943-8500 Monday-Friday 9:00am- 4:00pm.



Real Estate Institute Of Rhode Island
22 Veterans Memorial Drive
Warwick, RI 02886
O.401-943-8500
F. 401-943-6191
info@InstituteRI.com
www.InstituteRI.com

Rhode Island real estate license requirements

This information will assist individuals looking to become licensed real estate agents in Rhode Island. Information includes resources for real estate school enrollment, educational and training requirements including Rhode Island real estate law, salesperson examination and licensing renewal for salesperson and brokers license.

Rhode Island's real estate commission requires candidates who seek to earn a real estate license be at least 18 years of age and complete 45 clock hours of classroom preparation by an approved licensed real estate school and successfully pass the state exam. In addition, candidates must complete a 3-hour lead paint class and complete an application for licensure.  The application for a Rhode Island real estate agent must provide a statement attesting to the salesperson candidate as being competent and trustworthy to receive a license, the three references must be property owners who have known the applicant for a least three years.

Rhode Island real estate commission

The requirement for a Rhode Island real estate brokers license includes being of age and a legal resident of the United States.  Applicants must provide evidence of having one year of full-time practice in the field of real estate as a salesperson or having successfully completed 90 hours of approved real estate courses.


Rhode Island provides license reciprocity for real estate license holders in Massachusetts and Connecticut, candidates who seek to obtain a Rhode Island license must submit an application.

For more information about becoming a Rhode Island real estate agent visit www.realestateinstituteofrhodeisland.com or call 401-943-8500

The Real Estate Institute Of Rhode Island is a state approved real estate pre-licensing school located at 22 Veterans Memorial Drive Warwick, RI 02886.