How Do You Become A HUD Realtor?
Becoming a HUD Realtor® has its perks. First, only HUD-approved agents have keys and lockbox codes for HUD properties. And, because only a HUD-approved agent can place a bid on a HUD property, you open your business to a whole new group of potential clients. It’s not difficult to get HUD approval; the training is quite easy and generally just takes a few hours. You will need to learn the basics of the HUD auction process and training can be done, via video instruction, right at your office. Acquire a real estate license from your state’s Department of Real Estate. This does not make you a Realtor®, but you will still be eligible to become a HUD-approved real estate agent. An agent can only use the designation “Realtor®” if he is a member of the National Association of Realtors. Apply for positions in offices that are headed by a HUD-approved broker. If you are currently licensed and your license is hung with a broker who is not approved, she can easily become certified. There is a very
