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To qualify for a brokerâs license, you must: 1  Be at least 18 years old. 2  Have a high school diploma or equivalent. 3  Successfully complete 90 hours of approved real estate education within 2 years before applying for the exam. This education must include:  A 60-hour course in Real Estate Fundamentals.
Buying a home generally takes two to three months, depending on factors including your credit, how long lender approval takes, and the act of searching for the right property. âIt varies, but on average it takes between 30 and 45 days to buy a home,â said Nadeem Qureshi, real estate agent at Champions Real Estate Group. The process of buying a house can be broken down into six steps, each of which takes a relatively predictable amount of time.