The four stages of a business cycle. Depending on whom you speak to, the four stages of a business cycle are as follows: 1. The recovery phase or upswing. This is a phase where the economy âtroughsâ out. As the economy recovers from a recession, businesses start building up their stock levels in anticipation of increased sales.
1 Complete 90 hours of pre-licensing education. 2  Not have been convicted of a felony or a crime involving moral turpitude. 3  Not have had a real estate application or license rejected or revoked in any state within the past two years. Show proof of high school graduation or GED. 2  Not have been convicted of a felony or a crime involving moral turpitude. 3  Not have had a real estate application or license rejected or revoked in any state within the past two years.
Consider getting your college degree. To be a real estate agent, you don't need a degree from a four-year university, keyword there being need.However, it's important to know that because degrees are becoming more and more common, it's good to have one to cover your bases. This doesn't quite make you a real estate agent. 2  You need to be working with a broker to do that. 3  Right now you hold an inactive real estate license. 4  As soon as you get employment (or a sponsor as Texas would call it), you can then file to get your license moved to active status.