How to Become a Real Estate Agent: Veteran Realtor Guide (2025)
Military to real estate license, broker career, commission structure, veteran advantage, and building client base as real estate professional.
How to Become a Real Estate Agent: Veteran Realtor Guide (2025)
Bottom Line Up Front
You can become a licensed real estate agent in 1-3 months (pass real estate exam). Cost: $500-$2,000 (study materials and licensing). Income: $0-$50K first year (commission-only), $50K-$150K+ if successful. High ceiling—top agents make $200K-$500K+. But also high risk—many quit after first year due to inconsistent income.
Why veterans do well: You're trustworthy (essential for financial transactions), you understand contracts, you're disciplined, you can build client relationships. Your military network = ready-made client base.
Why Real Estate Needs Veterans
Real estate is about relationships, honesty, and following procedures. Those are your strengths.
Specific advantages:
- Trustworthiness: People buying/selling homes are making biggest financial decision. They need to trust you. Military credential = immediate trust.
- Network: Military friends become clients. Military families relocate (real estate needs).
- Detail-oriented: Contracts, compliance, procedures. You're comfortable with complexity.
- Sales ability: Helping people find homes is easier than typical sales (they want to buy).
- Financial discipline: You understand money. Mortgages aren't scary to you.
Real Estate Career Paths
Path 1: Traditional Real Estate Agent (Residential)
Best for: Those wanting commission income, willing to hustle, can handle uncertainty
What you do: Help buyers/sellers with real estate transactions. Show properties, negotiate deals, handle paperwork
Timeline: 1-3 months to licensed, 6 months to first sale, 1-2 years to comfortable
Licensing:
- Real estate license exam: $100-$200
- Study (3-4 weeks): Online course, $300-$600
- Sponsorship with broker: Usually free (broker sponsors you)
- Total cost: $500-$1000
Salary structure:
- Commission-only: Typically 5-6% of sale split with broker (you get 2-3%)
- Example: Help sell $400K home, you get $12K commission (3%)
- Average: Residential agent closes 6-8 deals per year = $50K-$100K average income
Variable income: First year maybe 1-2 deals. Year 2-3 maybe 5-6 deals. Year 4+ 10-20+ deals.
Best for: Those with capital ($5K-$10K) to live on while building client base
Path 2: Commercial Real Estate Agent
Best for: Those wanting higher deal sizes, longer sales cycles, building corporate client base
What you do: Broker commercial properties (office, retail, industrial, land). Typically larger deals, longer sales cycles.
Timeline: 1-3 months licensing, 6-12 months to first deal, 2-3 years to comfortable
Licensing: Same as residential
Commission:
- Larger deals (typically $500K-$5M+)
- Higher commission percentages (6-10% typical)
- But longer sales cycles (3-6 months typical)
- Example: $2M deal, 8% commission split = $160K commission
Income potential: Higher than residential, but fewer deals per year
Best for: Those with existing corporate connections, more patience with longer sales
Path 3: Real Estate Broker / Brokerage Owner
Best for: Those wanting to build company, manage agents, build assets
What you do: Start or manage real estate brokerage. Recruit agents, manage transactions, collect portions of commissions
Timeline: 1-2 years as agent first, then 1-2 years as broker = 2-4 years total
Cost: $10K-$50K to start brokerage (varies by state, model)
Income potential:
- Year 1-2 as agent: $50K-$100K
- Year 3 transitioning to broker: $75K-$125K (mixed)
- Year 4+ as established broker: $150K-$500K+ (scales with number of agents)
Business model: You take 20-50% of agent commissions. You hire agents. System scales.
Step-by-Step Plan to Become Real Estate Agent
Phase 1: Decide and Prepare (Month 1)
Decide:
- Residential vs. commercial real estate
- Solo agent vs. building to brokerage
- Can you handle commission-only income first year?
- Do you have $10K+ to live on while building business?
Evaluate broker options:
- Large national brokers (RE/MAX, Keller Williams, Century 21): Support, training, stability
- Local boutique brokers: More personalized, potentially better culture
- Independent brokers: Higher commission split but less support
Research:
- Talk to 3-5 real estate agents
- Ask about: Income expectations, difficulty of first year, broker choice, learning curve
- Understand market in your target area
Phase 2: Get Real Estate License (Months 1-3)
Study for real estate exam:
- Online course (4-6 weeks): $300-$600
- Study time: 30-40 hours
- Materials: Real estate exam guides, practice tests
- Best courses: Kaplan, Hondros, or local real estate school
Content covered:
- Real estate law (contracts, property rights, etc.)
- Financing and mortgages
- Brokerage operations
- Fair housing laws
- Contracts and transactions
- Real estate marketing
Take exam:
- Exam: $100-$200
- Duration: 2-3 hours
- Pass rate: ~50-60% (you need to study seriously)
- Most states let you retake after 7-14 days
Get license:
- Pass exam
- Apply to state real estate commission ($50-$200)
- Get background check
- Sponsor with broker
- Receive license (2-4 weeks after application)
Timeline: 6-10 weeks from start to licensed
Phase 3: Choose Broker and Get Sponsored (Month 2-3)
Broker selection:
Large national brokers (RE/MAX, Keller Williams):
- Pros: Training, support, brand recognition, systems
- Cons: Lower commission split, corporate culture
- Commission: You keep 50-80% of your commission
- Cost: Sometimes desk fees ($100-$500/month)
Local/boutique brokers:
- Pros: Personal attention, customized support
- Cons: Less name recognition, fewer tools
- Commission: You keep 60-85% typically
- Cost: Some desk fees
Recommendation: Start with larger broker for training, then consider smaller if you want higher split later
Interview brokers:
- Ask about training programs (critical for first-timers)
- Ask about commission splits
- Ask about support systems
- Meet agents at office (do you like them?)
- Understand desk fees / monthly costs
Sign up:
- Once licensed, apply to broker
- Broker reviews application
- You're sponsored (approved to work for them)
- You're now active real estate agent
Phase 4: Training and Initial Work (Months 4-6)
What happens:
- Broker provides training (2-4 weeks typical)
- You set up systems (CRM, marketing, business cards, etc.)
- You start prospecting / marketing (finding clients)
- You attend team meetings / classes
- You start showing properties
Cost to start:
- Business cards: $100-$200
- Website/CRM: $0-$100/month (broker might provide)
- Marketing: $100-$500/month (Facebook, signs, etc.)
- Office supplies, etc.: $200-$500
- Total first month: $500-$1,000
Income first months: Likely $0 (building client base)
Phase 5: Building Client Base (Months 6-12)
How agents get clients:
-
Sphere of influence (most effective):
- Military friends
- Military family network
- Neighbors
- Previous acquaintances
- Existing relationships
-
Cold prospecting:
- Door knocking in neighborhoods
- Phone cold calls
- Direct mail
- Less effective but necessary for growth
-
Lead buying:
- Purchase leads from services ($5-$50 per lead)
- Zillow, Redfin, Facebook ads
- Expensive but can help with volume
-
Farming:
- Focus on specific neighborhood
- Be known in that area
- Build reputation
- Long-term payoff
Your advantage: Military network is huge. Tell your buddies you're a realtor. Offer special veteran discount (1% off commission or cash back). Your network becomes client base.
Realistic timeline:
- Month 1-3: Get licensed, train
- Month 3-4: First few leads, maybe 1 listing
- Month 5-8: Building, maybe 1-2 sales
- Month 9-12: If good, 3-5 sales by year-end
First year income: Varies wildly
- Aggressive networkers, good market: $50K-$100K
- Slower starters: $10K-$30K
- Some: $0 (just learning)
Phase 6: Sustain and Grow (Year 2+)
Key metrics:
- Listings: Number of properties you're selling
- Buyer clients: Number of buyers you're representing
- Average commission per deal
- Goal: 10-15 deals per year (comfortable income)
Income scaling:
- Year 1: $30K-$60K (building)
- Year 2: $60K-$120K (growing)
- Year 3: $100K-$150K (established)
- Year 4+: $150K-$250K+ (if you're good)
Salary and Income Expectations
Commission Structure
Typical residential deal:
- Home sells for: $400,000
- Commission (realtor and broker split): 5-6% = $20,000-$24,000
- Listing agent: 2.5-3% = $10,000-$12,000
- Buyer's agent: 2.5-3% = $10,000-$12,000
- Broker/company split with agent: 50-80% to agent, 20-50% to broker
- Agent takes home: $5,000-$10,000 per deal
Annual income based on deals closed:
- 5 deals/year: $25K-$50K (part-time level)
- 10 deals/year: $50K-$100K (full-time comfortable)
- 15 deals/year: $75K-$150K (very successful)
- 20+ deals/year: $100K-$200K+ (excellent)
- Top 10%: $250K-$500K+
Variables affecting income:
- Market conditions (buyer's market vs seller's market)
- Average home price in area (SF: higher, rural: lower)
- Agent skill/reputation
- Commission split (higher split = lower gross)
- Consistency (some months you close 2, other months 0)
Real Veteran Success Stories
Story 1: Infantry Officer to Realtor in Military Town
Major David Chen (Army, 10 years)
- Background: Military connections strong, good with people, wanted commission income
- Timeline: ETS age 32, San Antonio (military town)
- Path:
- Month 1-2: Real estate course, passed exam
- Month 2-3: Joined Keller Williams (large broker)
- Month 4: Got license
- Month 4-6: Training, started prospecting military friends
- Year 1: 6 deals, $45K income
- Year 2: 12 deals, $95K income
- Year 3: 15 deals, $130K income
- Year 4: Moved to brokerage management, $100K salary + commissions
Why successful: Military network in San Antonio is huge. Military families buy/sell homes. His connections = consistent client base.
Key lesson: "My military friends were my first clients. That got me going. After that, referrals and reputation took over."
Story 2: NCO to Commercial Real Estate Broker
SFC Maria Rodriguez (Army, 15 years)
- Background: Leader, wanted to build business, capital to invest
- Timeline: ETS age 38, Austin, TX
- Path:
- Year 1: Got real estate license, joined commercial broker
- Year 1: 0 deals (learning commercial is slow)
- Year 2: 2-3 commercial deals, $40K income
- Year 3: 4-5 deals, $85K income
- Year 4: Got broker's license, started own brokerage ($20K investment)
- Year 4-5: Brokered deals, hired 3 agents
- Year 6: 5 brokers, $150K+ income (commission + broker fees)
- Year 8: 10 agents, $300K+ income
Why successful: Commercial real estate takes longer but higher ceiling. She was patient, built systems, grew a brokerage.
Key lesson: "First 3 years were building. Years 4+ were explosive growth. Commercial is slower but much higher income ceiling."
Story 3: Quick Entry Real Estate Agents in Seller's Market
Captain Lisa Park (Air Force, 8 years)
- Background: Good salesperson, wanted flexibility, no location constraints
- Timeline: ETS age 29, Florida
- Path:
- Month 1-2: Licensed (quick)
- Month 3: Joined RE/MAX
- Month 4-8: Built client base aggressively (cold calling, farming neighborhood)
- Year 1: 8 deals, $50K (lucky market was hot)
- Year 2: 12 deals, $85K
- Year 3: 15 deals, $120K
Why successful: Florida is active market. Real estate-friendly. Good sales skills. Aggressive prospecting.
Key lesson: "I cold-called every neighborhood I wanted to work in. Annoying but effective. By year 2, I had reputation. Year 3 was mostly referrals."
Common Challenges and Solutions
Challenge #1: "First Year Has No Income"
Reality: Possible. Some months you might close 0 deals.
Solutions:
- Save 12 months expenses before starting ($20K-$50K)
- Have spouse working / other income
- Work part-time other job first 6 months
- Expect $0-$10K year 1, $30K-$60K year 2
Challenge #2: "Exam is Harder Than Expected"
Reality: ~50% fail first try (not studied enough or didn't understand material)
Solutions:
- Take quality online course (Kaplan, Hondros)
- Do all practice tests until 80%+ on practice exams
- Take 2-3 weeks more for study if needed
- Retake is allowed after 7-14 days
Challenge #3: "I Don't Know Anything About Real Estate"
Reality: That's okay. Brokers train you.
Solution:
- Broker's training covers basics
- You learn while doing
- YouTube, blogs, podcasts teach you free
- First year is learning
- By year 2, you're competent
Challenge #4: "Real Estate Market Crashes and No Sales"
Reality: Market downturns hurt real estate agents.
Solution:
- Diversify (residential and commercial)
- Build repeat clients (they refer even in down markets)
- Build management/brokerage role (less sensitive to market)
- Have savings to cover down periods
Action Plan
Month 1: Research and Decide
- Talk to 3-5 real estate agents
- Research brokers in your target market
- Decide residential vs. commercial
- Assess if you have capital for slow first year
Months 2-4: Get Licensed
- Take real estate prep course (4-6 weeks)
- Study 30-40 hours
- Pass exam (may need 1-2 retakes)
- Get state license
Month 3-4: Join Broker
- Interview 3-5 brokers
- Choose broker
- Get sponsored / start working
Months 4-6: Training and Setup
- Complete broker training
- Set up business systems
- Start prospecting
Months 6+: Build Client Base
- Network heavily
- Show properties
- Close first deals
- Build reputation
FAQ
Q: How much do I make my first year? A: Highly variable ($0-$60K). Depends on effort, market, luck. Plan for $30K and be happy if more.
Q: Can I do real estate part-time? A: Yes, though full-time is easier. You need flexibility to show properties (nights/weekends).
Q: Do I need a real estate office? A: No, broker provides office access. Some agents work from home.
Q: What's the best way to get clients? A: Sphere of influence (tell everyone you know). Your military network is valuable.
Q: Can I be successful without doing sales calls? A: Harder. Most successful agents do some prospecting (calls, doors, farming). Leads cost money if you don't.
Next Steps
- This week: Talk to 2 real estate agents
- This month: Decide residential vs. commercial
- Month 2: Take real estate course
- Month 3: Pass exam, get licensed
- Month 4: Join broker, start training
- Month 5+: Start showing properties
Resources:
- Real estate courses: Kaplan, Hondros, local community college
- Brokers: RE/MAX, Keller Williams, Century 21, Coldwell Banker, local brokers
- Job boards: Indeed, LinkedIn, broker websites
- Learning: YouTube real estate channels, podcasts, blogs