Buying a real estate property can be tricky. There are many agents and brokers that will help you find your dream property. However, that is as far as they can go. When it comes to advice about issues like bankruptcy, easement, sale, and foreclosure, the best person to approach is a real estate law consultant. They have the same training as a Houston real estate attorney except that they are not regulated by the state where they are practicing. Do you have what it takes to become a law consultant? Let us take a look at the path you will take to become a real estate law consultant.
Earn A Law Degree
One of the ways you can become a real estate law consultant is to earn a law degree. Although there are different requirements for getting into law school, you are required to complete an undergraduate degree and pass the Law School Admission test. Law school takes about three years to complete and often includes courses in real estate law. Choose a school that specializes in real estate law which takes about four years to complete and will result to a Juris Doctor/Master of Laws.
If you are a Houston real estate attorney and would like to become a real estate law consultant, you also have the option to complete a graduate degree in real estate law. However, there are also schools that offer master’s degree programs for non-attorney professionals with real estate experience. Either way, you might want to complete a coursework in marketing.
Get A License
Lawyers need to be licensed by their state to practice law so aspiring consultants need to have an experience as a lawyer and must apply for a license and pass the bar exam after graduation. While real estate consultants are not required to have a license, select states require their consultants to have one. This is part of a state’s effort to differentiate legitimate consultants from those who only want to take advantage of the less fortunate.
Gain Law Experience
Although not necessary, having experience in a law practice can provide you with an invaluable foundation to build on. A solid hands-on experience in the real estate industry can help you understand legal issues in real estate better. It can also provide you with the level of professional competency which could lead to increased job opportunities.
Keep Your License
Again depending on your state, you may have to renew your license every 1-3 years by completing continuing education requirements. Your license will be your key to broader job opportunities.