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.
Each state creates their own laws and rules regarding licensing. In Nevada, real estate agents obtain a license from the Nevada Real Estate Division. It can be contacted at 702-486-4033 in Las Vegas.andidates must take real estate pre-licensing education, pass a state examination, find a Broker to hang his/her license, fill out an application, and get fingerprinted. During the application process, the Division will investigate any criminal records or previous real estate offenses.