How to Become a HUD Approved Realtor
March 6, 2008
Becoming a HUD approved realtor isn’t difficult. In fact, some realtors complete HUD training just so they can save on the commission costs when buying HUD homes (it can be up to a 5% savings to bid on the home yourself). If you’re thinking of becoming a HUD approved realtor, here’s what you need to do:
1. Be a licensed real estate agent in any state.
2. Make sure your brokerage is HUD certified. If they are not, they can become certified by sending in a simple form to the necessary offices.
3. Complete any required training through your brokerage. Brokerages have different requirements for their agents. You may just need to be told some basic HUD information or you may be asked to watch a short informational video.
Once you’ve completed these steps, you’ll be given access to HUD properties and have the ability to bid on HUD auctions. Becoming a HUD approved real estate agent is that simple.
See Also: What You Need to Know About HUD Approved Realtors
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