Do you have a real estate license or are you in the process of obtaining one?

Sample answer to the question

Yes, I have a real estate license. I obtained it last year after completing the required coursework and passing the licensing exam. I have been actively using my license to assist clients in buying, selling, and renting properties for the past six months. It has allowed me to gain valuable experience in the real estate industry and develop my skills in negotiations and client service.

A more solid answer

Yes, I have a real estate license and have been actively using it to assist clients in the buying, selling, and renting of properties for the past two years. I obtained my license after completing the required coursework and passing the licensing exam. In my role as a junior real estate broker, I have gained extensive experience in handling various types of real estate transactions, including residential and commercial properties. I have successfully negotiated deals to ensure the best outcome for my clients, and I prioritize providing exceptional customer service throughout the entire process. Additionally, I stay updated on market trends and property valuations to advise my clients effectively.

Why this is a more solid answer:

The solid answer provides more specific details about the candidate's experience and skills in real estate transactions, negotiation, and client service. It mentions the duration of using the license, the types of transactions handled, the success in negotiation, and the emphasis on exceptional customer service. However, it could still be improved by providing more examples of specific achievements and highlighting any networking or relationship-building skills.

An exceptional answer

Yes, I have a real estate license and have been actively using it to assist clients in the buying, selling, and renting of properties for the past five years. I obtained my license after completing a comprehensive training program and passing the licensing exam with top scores. In my role as a junior real estate broker, I have successfully closed over 50 real estate transactions, including residential, commercial, and investment properties. One notable achievement was negotiating a deal that resulted in a 20% price reduction for my client, saving them a significant amount of money. I am known for my exceptional communication and interpersonal skills, which have allowed me to build strong relationships with clients and industry professionals. I regularly attend industry events and actively participate in networking groups to expand my client base. Additionally, I have a deep understanding of the local market and property valuations, which allows me to provide informed advice and guidance to my clients throughout the entire process.

Why this is an exceptional answer:

The exceptional answer provides even more specific and impressive details about the candidate's experience and skills in real estate transactions, negotiation, and client service. It mentions the duration of using the license, the number of transactions closed, a notable achievement in negotiation, exceptional communication and interpersonal skills, active networking and relationship-building, and a deep understanding of the local market and property valuations. This answer showcases the candidate's expertise and achievements in the real estate field.

How to prepare for this question

Make sure you have a valid real estate license or are actively in the process of obtaining one
Highlight any relevant coursework or training programs related to real estate
Gain experience by assisting senior brokers or interning at real estate agencies
Develop strong negotiation and sales skills through practice and industry training
Focus on providing exceptional customer service and building relationships with clients and industry professionals

What interviewers are evaluating

Real estate license
Experience in real estate transactions
Negotiation skills
Client service skills