How Long Does The Texas Real Estate Licensing Process Take
Assuming you qualify for the requirements, earning a real estate license in Texas means you have to have completed 180 hours of accompanying real estate education. The courses below are required:
- Principles of Real Estate I: 30-hour credit
- Principles of Real Estate II: 30-hour credit
- Law of Agency: 30-hour credit
- Law of Contracts: 30-hour credit
- Promulgated Contract Forms: 30-hour credit
- Real Estate Finance: 30-hour credit
You can finish the courses in as little as 3-5 weeks, but they can be done at your own pace too. Since your real estate education accounts for the majority of time of the entire real estate licensing process in Texas, how long you take will depend very much on your unique circumstances.
How We Evaluated The Best Texas Real Estate Exam Prep Providers
Getting the right Texas real estate exam prep course can make the difference between passing your licensing exam on the first try or having to take the test multiple times. Finding courses and study materials that are both affordable and effective is a challenge, however. Thats why we reviewed the cost , types of study aids, and delivery methods of several different exam prep providers.
Based on our criteria, the best provider for Texas real estate exam prep is PrepAgent. It provides classes in multiple formats, practice tests, a money-back pass guarantee, and a wide array of study aids and materials. PrepAgent is a great choice for aspiring Texas real estate agents who want additional support to pass the licensing exam.
How Fast Can I Get Through The Classes
You need to spend at least as much time in each course as the credit hours it’s worth, but you cant spend more than 12 hours per day in the coursework.
TREC bases their reinforcement of this rule on how many days you spend in each course and whether there is overlap between courses. In other words, you can’t start and complete a 30-hour qualifying course in less than 3 days. You also can’t start and complete more than one qualifying course within the same 3 days.
TREC will not accept your certificate of completion for anyone course unless 3 days have elapsed since the date/time you started it.
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Texas Real Estate License Courses Online
Are you interested in becoming a real estate agent and getting your Texas real estate license? You can finish your pre-license courses online with 360training, TREC provider #4591. Our courses are approved by Texas’s real estate commission, and with on-demand recorded proctoring, even your final exams can be completed from the comfort of your own home. Begin building a career in real estate today!
Pass The Texas Real Estate Exam
You got this!
The step youve all been waiting for passing the exam. Dont freak out, you got this! Dont know what you need to study? Your exam eligibility letter will have a Candidate Handbook which has study material that will help you prep for the exam. Theres also plenty of cram courses that will help you brush up right before the exam. Rest assured that you dont have to pass this on the first try. Remember that you have a full year from when you get your exam eligibility to pass this exam. We think youll pass it on your first go because we know you, youre motivated.
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Free Real Estate Practice Exams
Candidates who aspire to become a Real Estate Agent or Broker can use our free Real Estate practice examinations to help them pass the Real Estate License Exam, which is administered by the state in which they live. Real estate agents are responsible for advising house buyers and sellers on market circumstances, real estate pricing, financing, and how to display their properties in the best possible light in order to sell for the highest possible price on the market.
Summary: To find out how you fare, take the free real estate practice exam provided below.
What Are The Qualifications Needed To Become A Realtor In Texas
First, you must meet the TREC criteria.
Lets answer the most obvious question straight out of the gate. What the heck is TREC and why do I need to impress them?! Well, TREC is short for the Texas Real Estate Commission and its their job to make sure all agents in Texas are capable, qualified, and can lawfully work in the state. To do so, they have some basic criteria you must meet. Luckily, most of the requirements are pretty straightforward.
Lets meet the criteria:
The first two are pretty cut and dry but the last one, not so much. The good news is that most of our visitors/users dont need to worry about it. The only time youd need to be concerned is if you have any criminal offenses, unpaid judgments, disciplinary actions taken against a professional or occupational license, or have performed unlicensed real estate activity.
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Why Do You Need A Real Estate Photographer
Homes with professional photos get 61% more views than amateur photos. A real estate photographer will know the correct angle, lighting, time of the day, and elements to focus on when taking pictures of your house.
Need of a photographer for real estate listings
Selling homes with beautiful photographs or even offering virtual tours may be interesting and exciting methods to showcase a listing. According to Redfin research, listings with professional photographs receive around 61% more views than those without, and this applies across all price ranges. Homes professionally photographed with DSLR cameras are proven to sell quicker and for more dollars than homes shot with amateur photos.
- Listings with professional photography sell 32% more quickly
- Aerial photographs help homes sell 68% more quickly
- Videos on real estate listings increase inquiries by 403% over those without them
Cost #: Membership Dues: Varies $150 To $2000 Per Year
Youâll want to join professional associations like the National Association of REALTORSÂ® and your cityâs local real estate board. These organizations offer tools and resources that can help you succeed as an agent. Dues for NAR were $150 as of 2022. Local real estate board membership dues will vary, but in Austin, for example, membership in Austin Board of REALTORSÂ® costs from roughly $400 to $2,000 per year.
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Passing The Texas Real Estate Exam
Candidates who have successfully completed the educational requirements for real estate salesperson or broker license in Texas and who have submitted their application for licensure are eligible to sit for the Texas Real Estate test. To be eligible for the test, you must pass both the state and national components of the exam within one year of registering for it. For the Texas Real Estate Licensing exam, you will need to be knowledgeable about both state and national topics, as well as common arithmetic calculations, in order to be successful.
Texas Real Estate Pre
Once youve completed your fingerprints, you are now ready to begin your real estate pre-licensing education.
Texas requires that real estate sales agents complete 180 hours of pre-license coursework prior to sitting for their exam. This coursework will consist of six classes, each containing 30 hours of material.
These six required classes are:
- Principles of Real Estate I
- Principles of Real Estate II
- Real Estate Finance
Most people choose to take their pre-license education course online. The majority of online courses are self-paced and include study materials like real estate practice exams and flashcards. Some also come with a guarantee that you will pass the exam on your first attempt if you complete their course. These benefits are all dependent on the education provider and package you choose, so be sure to get the course that best suits your needs.
Remember that the point of these courses isnt just to check a box and complete a requirement, but rather to prepare you to pass your exam and become a better agent.
For real estate license exam courses and study tools, StateRequirement recommends:The CE Shop
In most cases, you can take this test in your own home, but you must have a proctor overseeing you when sitting for the test. When purchasing your real estate pre-license course, check to see if a proctor is included in your education package.
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Online Texas Real Estate License Requirements
Once you get signed up for the best online real estate course in Texas, you will still need to meet the basic requirements set forth by the Texas Real Estate Commission. Here are some of the main requirements you should know about.
Age & Residency Requirements You must be at least 18 years old, a citizen of the United States or a lawfully admitted alien, and a resident of Texas in order to receive your real estate license in Texas.
Education Requirements You must complete a minimum of 180 hours of real estate licensing courses before you are allowed to take the real estate license exam. This training includes 30 hours of instruction covering 6 different areas of real estate: Principles of Real Estate I, Principles of Real Estate II, Law of Agency, Law of Contracts, Promulgated Contracts Forms, & Real Estate Finance.
Fingerprinting & Background Investigation Pursuant to §1101.3521 of the Real Estate License Act, any person applying for or renewing a sales agent license must provide their fingerprints. Fingerprints on file for other agencies will not be accepted. Once the applicant has obtained a TREC entity number they should visit the TREC website at this website to enroll with MorphoTrust to complete the fingerprinting requirement. A license will not be issued if the background check has not been cleared. To learn more about the background check process please .
Real Estate Drone Photographers
A drone or aerial view of the property gives the buyer an idea about the surrounding area, amenities, and landscape near it. Drone photography is especially important if it is a large property and has a lake, scenic backyard, or a front yard. Real Estate drone photographers are experts in capturing the beauty of your property from above.
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What Am I Required To Bring With Me To The State Exam
When you arrive at the Pearson VUE testing location, you must have two pieces of identification with you. The name on your main identification card must be identical to the name on your exam registration form. Another form of identification, such as a United States Social Security Card, or a debit or credit card, must be shown in addition to the primary identification.
Financing The Costs Of A Real Estate License
In this guide, you learned about the estimated cost of obtaining your real estate license, and how much it costs to run your business once youve obtained your license. You may be wondering how you can finance all of these costs. First and foremost, know that all of these expenses are tax-deductible. Even if you work in a brokerage, youre typically an independent contractor and not an employee. This means that you get to deduct your expenses come tax time. Second, all of your initial expenses will pay for themselves when you close your first deal. A typical agent commission is 3 percent, which means that youll make several thousand dollars when you get your first commission check. If you dont have the money upfront, you may need to save up enough money to fund your careers start-up process and supplement your income with a part-time job.
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Every Question You Need Answered About Taking The Real Estate Exam In Texas
Do you have questions about the Texas real estate exam? Were here to help. Below are some of the most commonly asked questions regarding the real estate exam. If your question isnt answered here, our Customer Support team is ready to assist via chat, email, or by phone at 888.827.0777. Were dedicated to helping you feel as confident as possible about your upcoming exam.
Complete Minimum Of 180 Hours In Real Estate Education Courses
The Texas Real Estate Commission requires everyone interested in applying for the license exam to complete at least 180 hours of TREC college-level real estate education courses.
- Principles of Real Estate I
- Principles of Real Estate II
- Promulgated Contract Forms
- Real Estate Finance
You must submit the course completion documents when you fill the application for the real estate commission.
While taking the State Prep course, it is highly recommended that you have your background check and fingerprinting done. According to the Texas Real Estate License Act, any person applying for a sales agent or broker license must be fingerprinted and pass a background check. If you schedule your fingerprinting after taking the test, your license will not issue.
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How Long Does It Take To Become A Broker In Texas
How long it will take to earn your Texas broker license depends on how much experience you have in real estate to begin with. If, for instance, youâre already an experienced real estate agent in Texas, you may be able to get your broker license in as little as one year.
However, if youâre new to the real estate industry, it may take as many as five years to meet the Texas real estate broker requirements.
How Long Does It Take To Get A Real Estate License In Texas
From start to finish, it can take about three to four months to become a real estate agent at the sales agent level in Texas. Agents make an average annual salary around $93,000.
For a broker, the road may be a little longer due to the additional requirements: completing 270 hours of real estate coursework , as well as an additional 630 classroom hours in qualifying courses and a minimum of four years of experience working as an agent. Texas real estate brokers can expect to take home on average around $130,000 a year, including commission.
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How Long Does It Take To Become A Licensed Real Estate Agent In Texas
It takes between four and five months to earn a real estate license in Texas.
Even a person devoting 40 hours a week to real estate classes will take more than a month to finish the coursework. It may also take several weeks for the board to approve your application. Fortunately, you can use the Application Tracker Tool to see how your application is progressing in the approval process.
Choosing A Texas Real Estate School
Youll be able to choose how youll take your course, whether online, livestream, or in-person. Scheduled classes tend to help students who need structure, while self-paced courses work wonders for those with busy schedules.
|Types of Instruction
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Acceptable Forms Of Identification
Candidates must present two forms of current signature identification. The name on the identification must exactly match the name on the registration. The primary identification must be government issued and photo-bearing with a signature, and the secondary identification must contain a valid signature. Identification must be in English. Primary ID
- Government-issued Drivers License
What Type Of Income Does A Real Estate Agent Have
A realtors real estate brokerage income usually comes primarily from brokerage fees or commissions. When a transaction is successful, the real estate brokers income is received as a remuneration called a brokerage fee or commission. This fee usually depends on the contract value and usually has 3 cases as follows:
- If the brokerage staff works for an organization, or company, to trade with a basic salary, the income will be calculated as: Basic salary + Commission fee paid by the company as agreed + Bonuses .
- If a broker employee works as an institute for an organization, company, or exchange that does not pay salary, the income will be: Proportional brokerage fee + Bonuses .
- If the brokerage staff works independently, freely, the income is the commission fee received under a separate agreement with the client.
The brokerage commission ratio is usually calculated:
- Real estate for rent: Brokerage fees usually range from 1 to 2 months of real estate rental. This depends on the length of the rental contract and the agreement of the parties.
- Real estate that is sold separately: Brokerage fees usually range from 1% to 2% of the real estate transaction value, in addition, depending on the agreement of each specific transaction contract between the parties involved. Mandarin.
- Real estate project: This is usually an organization, company, or exchange with a clear legal entity to be distributed. Fees as agreed with investors.
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Take An Exam Prep Course
An exam prep course offered by a real estate class provide high quality, effective, and time-saving, real estate license exam preparation tutorials to assist future real estate agents in passing their exam.
Read our full review on The CE Shop, which offers real estate pre-licensing courses. With up-to-date coursework and state-of-the-art teaching tools, its one of the fastest and most convenient way to pass the real estate exam and get a license.