How To Become Real Estate Agent In Texas? (Solution)

What are the requirements to become a real estate agent?

  • A:In order to become a real estate agent, you must meet the minimum education and licensing requirements. In most states, you will need to have a high school diploma and may also have to complete a course in real estate management. A:All realtors must meet the minimum licensing requirements in their states.

Contents

Is it hard to become a real estate agent in Texas?

The process of getting a real estate license is fairly simple and easily accessible. You must begin by checking your eligibility, then you can move on to taking the required courses, and finally, you can take your licensing exam.

How long does it take to get a realtor license in Texas?

While the individual pace can vary, on average getting a real estate license in Texas takes four to six months. However, you can complete the requirements in eight weeks if you are committed to an intense study schedule.

Do real estate agents make good money in Texas?

According to the U.S. Bureau of Labor Statistics, the annual mean wage of real estate agents in Texas is a respectable $72,830 (as of May 2019). Not bad considering that these figures factor in part-timers and new agents!

How much money do real estate agents make in Texas?

The National Association of REALTORs found the median gross income of Realtors was $43,330 in 2020. Meanwhile, according to Indeed, a median real estate salary in Texas falls around $93,000 per year and can go as high as over $100k. The numbers, as you can see, are a bit all over the place.

How much money does a real estate agent make?

According to the Bureau of Labor Statistics, the average real estate agent earns $45,990 each year, but the range in income is massive. One-tenth of real estate agents earned less than $23,000, and 10% earned more than $110,000.

Do Realtors make a lot of money?

In Alberta, Real estate agents and salespersons earn an average of $30.35/hour or $61,168.00/year.

Is real estate a good career in Texas?

Real estate is one of the best career paths to transition to when you’re ready to make the switch due to its flexibility, freedom and the fact that almost anyone can be a real estate agent. All you need to do is get your real estate license.

How hard is the real estate exam in Texas?

Is the Texas real estate exam hard? Well, given that on average 62% of agents (25,712 passed / 41,292 taken) pass the licensing exam on the first try, as of November 27, 2021 it’s safe to say it’s not an easy test. Aceable, however, currently holds one of the highest pass rates in Texas.

How many hours do real estate agents work?

Daily and Weekly Routines Nearly half (49 percent) work 40 hours or more. What’s more, over half (53 percent) say they work the same hours or longer today than they did their first year.

Do you need a real estate license to flip houses in Texas?

Do You Need a Real Estate License to Flip Houses? While having a real estate license gives house flippers a leg up, you can flip houses without one. Obtaining a license for flipping houses in Texas is an investment of time and fees, but the endorsement does have its perks.

Can you take the Texas real estate exam online?

Fortunately, the TREC has approved some education providers to offer Texas real estate proctored exams. What’s more, you can even take your exam through online proctoring.

Is real estate hard?

Earning a living selling real estate is hard work. You have to be organized in order to keep track of legal documents, meetings, and all the tasks that go into multiple listings. You may go without a paycheck for periods of time because the work is often commission-based. If you don’t sell, you don’t earn anything.

What are the best paying jobs in Texas?

High-paying jobs in Texas

  • Chief executive officer.
  • Architect.
  • Family and general practitioners.
  • Dentist.
  • Obstetrics and gynecology physician.
  • Surgeon. National average salary: $216,061 per year.
  • Psychiatrist. National average salary: $224,287 per year.
  • Anesthesiologist. National average salary: $318,716 per year.

How long does it take to become a real estate agent?

You can become a real estate agent in about four to six months, depending on where you live. Online prelicensing classes can speed up the process. Requirements vary by state, but the general steps are to take a real estate prelicensing course, take the licensing exam, activate your license, and join a brokerage.

Become a Real Estate Sales Agent

A sales agent is a person who has been licensed by the Real Estate Commission to operate as an agent on behalf of a real estate broker and their customers in the sale of real estate. It is necessary for a sales representative to be sponsored by a licensed broker in order to provide any type of real estate services.

Qualifications

  • A citizen of the United States or an alien who has been legitimately admitted to the country
  • The ADACArecipient does not meet the definition of a legally admitted immigrant.
  • Applicants must be 18 years of age or older, and they must meet TREC’s requirements for honesty, trustworthiness, and integrity.
  • Consider seeking aFitness Determination before submitting an application for a driver’s license.

Requirements

To be eligible for a license, you must satisfy all of the conditions listed below within one year of the day your application is submitted. The Application State Tracker allows you to keep track of the current status of your application.

File Your Application

Use our Online Services to submit your application and pay the cost to become a Sales Agent. For those of you who do not yet have a username and password for our Online Services, you can create one right now.

Apply by Mail

If you want, you may also submit a paper application for your Sales Agent license through our website. Take your fingerprints and ensure that you pass the background check. According to Texas law, you must have your fingerprints taken and stored with the Texas Department of Public Safety (DPS) in order for a background check to be done. Fingerprints that have already been submitted to other agencies will not be accepted. If the background check does not pass, the license will not be issued to the applicant.

Submit Your Qualifying Education Documentation 180 classroom hours in one of the qualifying real estate courses from the list below:

  • Coursework includes Principles of Real Estate I (30 classroom hours), Principles of Real Estate II (30 classroom hours), Law of Agency (30 classroom hours), Law of Contracts (30 classroom hours), and Principles of Real Estate III (30 classroom hours). Promulgated Contract Forms (30 classroom hours)
  • Real Estate Finance (30 classroom hours)
  • Promulgated Contract Forms (30 classroom hours)

Locate a supplier of qualified education. TREC will accept your course completion documentation once you have applied online or submitted your paper application. It is OK for you to submit a course and teacher assessment once you have completed your course work. If you received academic credit for any of the above-mentioned qualified real estate courses from a recognized college or university, please provide a copy of your transcript for review.

Take the Exam

PearsonVUE, a testing service provider, is in charge of administering the license tests. In this case, you will get an email with details on how to schedule the exam as well as how to download a copy of the exam Candidate Handbook. If you fail the test three times, you will be required to pursue extra schooling.

Find a Sponsor

You will be awarded an inactive license if you have met all of the conditions listed above. To be able to work, you must be sponsored by a licensed broker who is currently operating in Texas. By utilizing our online services, you may submit a request for sponsorship. The broker will provide your active license once they have approved your request, and you will be ready to begin working as a Sales Agent!

How to Become a Real Estate Agent in Texas

To pursue a real estate profession in Texas, whether in Houston, San Antonio, Dallas-Fort Worth, Austin, El Paso, or any other city, you’ll need to get a real estate license from the state’s Department of Real Estate. Texas requires that you be 18 years old and have completed 180 hours of approved education before applying for a real estate license. You must also obtain the sponsorship of a licensed broker, submit all required fees and forms to the Texas Real Estate Commission, submit to fingerprinting, and pass the state exam.

As a real estate agent, you must follow a procedure that is comparable in most jurisdictions. However, each state has its own set of processes that must be followed. The following are the seven steps to become a licensed real estate agent in Texas:

Step 1: Must be at least 18 years of age.

Before submitting an application for a license, you can request that the Commission assess if your fitness fits the TREC’s requirements for honesty, trustworthiness, and integrity, among other things. Consider seeking aFitness Determination before submitting an application for a driving license.

Step 2: Register and complete 180 hours of required education:

In order to sit for the Texas Real Estate License Exam, the state needs you to complete 180 hours of college-level real estate courses that have been recognized by the Texas Real Estate Commission. Kaplan provides four different education programs that may be used to satisfy the required 180 hours.

View Licensing Packages

It is necessary to be sponsored by an appropriately licensed Texas real estate broker in order to engage in real estate sales activity. To seek sponsorship, you and your sponsor will both need to fill out an online sponsorship request form.

Step 4: Submit forms and fees to TREC

Submit all educational documentation to TREC, including real estate school certificates, after completing the requisite 180 hours of license study.

Active or inactive initial license?

You’ll need to pick whether you’d want an active or an inactive license before you can proceed.

  • Include the Salesperson Sponsorship (SSF-2) form, which must be signed by a licensed Texas real estate broker, with your initial mailing in order to be considered for an active license to practice real estate. Only the Inactive Salesperson Application forms should be submitted at this time if you wish to apply for an inactive license. Later, you must submit the SSF-2 form in order to activate your license.

Note: You can download these forms at www.trec.texas.gov, or you can complete the entire procedure online at www.trec.texas.gov.

Step 5: Schedule your license examination and fingerprinting

The Pearson Vue scheduling system will allow you to schedule your test when you get your response letter from TREC accepting you and pointing you to the exam Candidate Handbook. In addition, you will be given instructions on how to submit your fingerprints for evaluation. In order to pass the test, you must submit your application within one year of the date it is filed.

Step 6: Prepare for the exam

By enrolling in Kaplan’s world-renowned Exam Prep course, you will be prepared for any surprises that may arise on exam day. OnDemand video courses and live online classes are also options for the Texas Real Estate Exam Preparation program.

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Step 7: Take the state exam

It is impossible to be surprised on exam day if you have taken Kaplan’s world-renowned Exam Preparation course. OnDemand video course or live online class, the Texas Real Estate Exam Prep curriculum is accessible to you.

FREE eBook: Launching Your Real Estate Career

If you could sit down with a room full of accomplished real estate experts and ask them for career guidance, wouldn’t it be fantastic? We asked numerous established real estate professionals what they wished they had known before earning their license and beginning their careers, as well as what they believe all aspiring real estate professionals should know. We received a lot of great responses. We compiled all of their suggestions into a comprehensive eBook that is filled with value. E-book available for free download

How to Become a Real Estate Agent in Texas

In order to become a licensed real estate agent in the state of Texas, you must complete the following requirements:

  • You must be at least 18 years old to participate. Complete the 180-hour educational requirement
  • Locate a broker who will act as a sponsor. Submit the necessary paperwork and payments to the Texas Real Estate Commission. Obtaining a real estate license and passing the exam
  • A Texas real estate broker with an active license must sponsor you as a sales agent before you may begin to practice as a real estate agent in the state of Texas.

The following are the specifics about Texas’s real estate requirements.

Step 2: Plan for How Long it Takes to Earn a Texas Real Estate License.

Because there are various phases involved in obtaining a real estate license, it’s a good idea to budget several months for the process of earning your license. The following is an example of a typical timeline:

  • It will take 2-6 months to finish 180 hours of pre-licensing coursework. TREC will review your application in 2-3 weeks
  • It will take 30-60 days to establish a working relationship with a broker.

Although in-person seminars cannot be accelerated, students who adhere to a rigorous study plan and take online courses can finish all of the necessary procedures to become a Texas real estate agent in as little as two months.

Step 3: Prepare for Associated Costs and Fees.

Your real estate education is likely to be the most significant financial investment you will make on your path to become a licensed Texas real estate agent, so plan accordingly. In order to become a real estate agent in Texas, you must finish 180 hours of pre-license training, but the routes you can take to get there are numerous and varied. As a result of the fact that the costs of the physical place are passed on to the student, on-site education is frequently more expensive than online education choices.

Real Estate License Texas

Obtaining a Texas real estate license may appear to be a difficult task, but we are here to assist you throughout the process. You can continue reading to find more about the six steps you’ll need to do before beginning your real estate profession in Texas. To find out how much it will cost you to obtain your real estate license in Texas, please see our Texas Pre-Licensing Pricing page. Purchase your Texas Pre-Licensing Certificate »

Prerequisites

  • You must be at least 18 years old to participate. You must be either a citizen of the United States or a legitimately admitted immigrant. Meet the requirements of the TREC in terms of honesty, dependability, and integrity
  • Consider seeking aFitness Determination before submitting an application for a driver’s license.

Complete 180-hours of approved Pre-Licensing education.

  • You must complete and pass 180 hours of Pre-Licensing instruction from an approved education provider before you may get your driver’s license. These 180 hours are divided into six 30-hour courses, which are as follows: Principles of Real Estate I, Principles of Real Estate II, Law of Agency, Law of Contracts, Promulgated Contract Forms, and Real Estate Finance are all courses in the Real Estate program at UC Berkeley. Find out more about your comprehensive package choices by visiting this page.

Pass the course final exams.

  • After you have completed each course, you will be required to take a course final exam. Each final requires a minimum passing score of 70% to be considered successful. Proctors must be present for each final, and you must make an appointment with a proctor in advance to ensure that you are there for each final. Learn more about our online proctoring services by visiting this page.

Complete your license application.

  • After passing your final examinations in your courses, you’ll need to file a licensure application through TREC Online Services.

Provide fingerprints.

  • Following that, you’ll submit your fingerprints to MorphoTrust for the purpose of conducting a background check

Pass the Texas Real Estate Salesperson Exam.

  • Once your exam application has been accepted, you will get instructions on how to schedule your licensure exam as well as how to obtain a copy of the Candidate’s Handbook. The Texas Real Estate Salesperson Licensing Examination is administered by Pearson VUE. The National section of this test consists of 85 questions with a 150-minute time allocation, while the State portion consists of 40 questions with a 90-minute time allowance. The exam is divided into two parts: the National portion and the State portion. For further information, please refer to the Pearson VUE Candidate Handbook (PDF). If you need assistance passing your Texas real estate test, The CE Shop also offers thorough Exam Prep that is specifically customized to the state of Texas.

Select a sponsoring broker.

To be licensed in Texas, you must first be affiliated with a current and active sponsoring broker who is registered with the state. Since you begin your new real estate profession, it is critical that you choose the correct broker with whom to collaborate, as this individual will act as your mentor. Here are some questions to think about as you begin your search:

  • What is their standing in the community, both locally and nationally
  • It is unclear what type of real estate agents the company is seeking. Are they technologically sophisticated and up to date with the most recent systems available? The manner in which they assist their agents with education and training. Does the brokerage give their agents with leads and marketing materials? Is there space for advancement within the organization? Are there any advantages available?

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The online platform, self-paced courses, and high levels of student satisfaction are just a few of the factors that distinguish The CE Shop as the finest in real estate education. Take the first step toward a successful real estate career right now! GET YOUR LICENSE »

How to Get a Texas Real Estate License in 5 Steps

In this video, you will learn how to obtain your Texas real estate license. To earn a Texas Real Estate Sales Agent License, you must complete the five procedures outlined below, which are mandated by the Texas Real Estate Commission (TREC). Take a look at the stages below and watch our video to get a better understanding of the procedure.

5 Steps to Get Your Texas Real Estate License

  • Before you may begin, you must be at least eighteen years old. You must be a citizen of the United States or a properly admitted immigrant

Pass a Background Check

  • By being fingerprinted and passing a background check, you may demonstrate that you meet TREC’s standards for honesty, trustworthiness, and integrity. Before submitting an application for a license, applicants can get a Fitness Determination. Please go to the TREC website for further information on these criteria.

Complete the Required Pre-Licensing Education

  • The 180-Hour Licensing Package consists of six courses, each of which must be completed with a passing grade in order to be eligible to sit for the licensing examination.

Apply for a License

  • Fill out an online application for a real estate license with the Texas Real Estate Commission (TREC) using the commission’s online licensing program

Pass the State Licensing Exam

Once your application has been approved by TREC, you will need to schedule your exam and get a Candidate Handbook from the organization. Pearson Vue is in charge of administering the Texas Real Estate Exam.

How Many Questions Are on the Exam?

  • National Portion: 85 multiple-choice questions with a time limit of 150 minutes
  • State Portion: 40 multiple-choice questions with a 90-minute time limit

What Score Do You Need to Pass the Texas Real Estate Exam?

  • Obtaining a score of 70 percent or better on your exam will ensure that you pass the examination successfully. You will need to answer 56 out of the 80 questions correctly in order to pass the test.

First Time License Renewal: Complete the Required SAE Courses

  • Maintain and renew your Texas real estate license for the first time by successfully completing the mandatory SAE post-licensing education course(s). Requirements for Post-License Work

How Much Does It Cost to Get a Texas Real Estate License?

The entire cost of becoming a Texas real estate agent varies depending on your location. It is detailed in the chart below how much you should expect to pay in order to obtain your license.

Fees Cost
180-Hour Pre-License Courses $350.00 – $1,000.00
State Exam Fee $54.00
Texas Real Estate License Application Fee $205.00
Finger-Printing(estimated) $39.00
Recovery Trust Fund $10.00
Total(varies based on price of qualifying education) $658.00 – $1,308.00

How Long Does It Take to Receive Your License?

Between 4 and 6 months are required to complete the full procedure, which includes taking and passing the qualifying education and having your license in hand. Other students may finish in less time than others, while some students may take longer than others. This will be determined by your schedule, including how much time you have available to finish your coursework and when you will be able to sit for the examination. Information about the whole 180-hour TREC-required course package To finish your courses in our newly renovated and upgraded student learning environment, you have one year to do so.

As your educational partner, we are proud of our dedication to you and Texas Real Estate, which we feel reflects in our great pass rates and world-class customer service. We look forward to working with you.

TREC-Required Course Timing

According to TREC regulations, you are not permitted to complete more than 12 hours of Pre-License coursework every day. More than one qualifying course must be started and completed within the same three-day period in order to be in compliance with Commission guidelines. Aside from that, TREC will only allow a student to enroll in one 30-hour course at a time. This means that the 180-hour course should be completed in no less than 18 days, and each 30-hour course should be completed in at least 3 days.

Questions?

Timing Requirements for TREC Courses

Alternate Education or Prior Experience

Candidates must complete the required courses from a Texas Real Estate Commission (TREC) approved education provider before being considered for admission. Alternative, replacement, or comparable coursework is not permitted for the purpose of applying for a Texas real estate broker’s license. In general, the Texas Real Estate Commission (TREC) will not accept a license from another state, or prior experience in real estate brokerage or any related business, as proof of completion of the education and experience requirements for a real estate license in the state of Texas.

Texas SAE Post-License Education Requirements

The first licensing duration is two (2) years. After that, the license is renewable. Within a two-year period, you must complete 90 hours of Qualifying (SAE) courses as well as two 4-hour TREC Legal Update courses in order to maintain your Texas real estate license renewal. You are permitted to pick any SAE or Qualifying courses designated by the Texas Real Estate Commission (TREC) that you have not already completed during your pre-licensing period. If the broker has assigned the new sales agent to be a supervisor during the 6-month period previous to SAE renewal, the new sales agent may additionally be required to complete the 6 hour Broker Responsibility course in order to meet SAE criteria.

2021 TREC-Approved Pre-License Courses

All VanEd Texas Pre-License courses have been authorized by the Texas Real Estate Commission (TREC) and adhere to the most recent TREC regulations for course content and online delivery.

How to Become a Real Estate Broker in Texas in 2021

A job in real estate gives you a great deal of influence over your own personal development, especially after you reach the level of broker. A real estate agent cannot work on their own and must always register with a licensed brokerage in order to get their profession off to a good start. Create your own agency in Texas, where the real estate industry is always expanding, is an understandably appealing prospect. And, after all, why not? Taking the next step in your real estate profession is something you should strongly consider if you have the necessary expertise and determination to take responsibility of your own career as well as the desire to assist others in establishing theirs.

What is a Real Estate Broker?

In the real estate sector, a real estate broker is one level above an agent. They continue their studies and get their real estate license after receiving their initial license, and they can choose to work alone or employ their own agents to help them with their business. In most cases, real estate brokers are responsible for assisting their customers through property-related transactions, acting as a seller’s agent for the purpose of selling and advertising their properties, and hosting open houses on their behalf.

Despite the fact that a broker can also act as an agent, an agent cannot act as a broker without first taking the brokerage test and acquiring an extra license.

Pre-Requisites to Get a Texas Real Estate Broker License

To be eligible to sit for the broker’s license examination, you must meet the conditions listed below. You must do the following:

  • A citizen of the United States or an immigrant lawfully admitted to the country is required
  • You must be at least 18 years old or older to participate. Be a legal resident of Texas, unless you are one of the following:
  • You were formerly licensed as a sales agent or broker in Texas during the last two years, or you are a licensed broker in another state.
  • Must adhere to the standards of honesty, dependability, and integrity established by the Texas Real Estate Commission (TREC).
  • If you are considering applying for a license, you should consider getting a Moral Character Determination beforehand.

How Much Do Real Estate Brokers in Texas Make?

In Texas, a real estate broker earns an annual compensation of around $72,460.00, which is the average. Compared to the national average wage for brokers, this represents a 21 percent increase in compensation.

Steps to Become a Real Estate Broker in Texas

As a part of the licensing process in the state of Texas, an applicant must complete a TREC-designed course and pass the state’s final test in addition to the qualifications outlined above. If you want to be considered for this position, you must have at least four years of active experience as a licensed real estate agent or broker within the sixty-month period preceding the application. Once you have met all of the requirements, you may proceed to the next stage in the process of obtaining your license.

1. Complete 270 Hours of Required Pre-License Education

To complete your pre-licensing education, you must earn a total of 270 credit hours. The courses that are featured at this stage are as follows:

  • Coursework includes Principles of Real Estate I (30 credit hours), Principles of Real Estate II (30 credit hours), Law of Agency (30 credit hours), Law of Contracts (30 credit hours), and Principles of Real Estate III (30 credit hours). Promulgated Contract Forms (30 credit hours)
  • Real Estate Finance (30 credit hours)
  • Real Estate Brokerage (30 credit hours)
  • Promulgated Contract Forms (30 credit hours)
  • Promulgated Contract Forms (30 credit hours).
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The following courses must be taken in addition to the requisite hours:

  • Real Estate Marketing I: Establishing a Real Estate Practice (30 credit hours)
  • Real Estate Property Management (30 credit hours)
  • And Real Estate Brokerage (30 credit hours).

This is a requirement for all candidates who wish to be considered by TREC. These are only the beginning of the educational requirements. To be eligible for your broker’s license, you must complete an additional 630 credit hours in related qualifying education courses accepted by the commission or authorized Continuing Education (CE) courses, as well as pass the commission’s examination. The following courses have been approved:

  • Commercial Real Estate Appraisal
  • Real Estate Law
  • Real Estate Marketing
  • Real Estate Math
  • Property Management
  • Real Estate Investments
  • Residential Inspections for Real Estate Agents
  • Commercial Real Estate Appraisal

If you received your education from an approved institution or university, you may be able to meet this criteria with a bachelor’s degree or higher. If this is the case, you must provide a copy of your college transcript granting the degree to TREC after submitting your online application or with your paper application as proof. If completed for academic credit through a college or university, the following topics are recognised by TREC as qualifying education course credit by the Commission on Qualifications in Education.

  • Entrepreneurship and business principles, as well as business communications, business mathematics, business writing, and business ethics.
  • The following topics are covered: fundamental design, construction, electricity, environmental design, framing, materials, roofing, structures, surveying, and more.
  • Business, Corporation, Entrepreneurship, Financial Institutions, Money and Banking, Mortgage Lending/Loan Processing, and other related fields are covered.
  • Contracts, Institutions and Management, Legal Environment, Oil & Gas, and Property are some of the topics covered.
  • Introduction
  • Business Organizations
  • Farm and Ranch
  • Office
  • Personnel
  • Public Administration
  • Occupational Administration
  • Principles and Introduction
  • Introduction to Marketing
  • Agricultural Marketing
  • Marketing Management
  • Principles of Marketing
  • Law, finance, contracts, farm and ranch properties, real estate trends, title and closings, ethics, taxation, internships, staging (interior design), and other topics are covered.

TREC is the source of this information (Texas Real Estate Commission)

2. Meet the Experience Requirements

As previously established, in order to receive your broker license, you must have a particular amount of experience in the industry. Candidate qualifications are largely divided into two categories:

  • You must have at least four years of experience as a licensed sales agent or broker in real estate that occurred prior to the filing of the application and occurred within a period of no more than 60 months preceding the filing date
  • The experience must total 3600 points in order to qualify for a Broker License, and it must be documented on the Qualifying Experience Report. A transaction identification list for all of the transactions claimed on the report must also be included.

3. Apply to Become a Texas Real Estate Broker

Once you have completed the necessary educational and work experience criteria, you may submit your application for a license online along with the needed cost. To log in and submit your application, you will need to use the username and password you created with TREC or the Texas Appraiser Licensing and Application Board (TALCB). If you do not already have an account, you may quickly create one by visiting the same URL. Alternatively, the application can be sent by mail. However, don’t forget to provide some fundamental instructions.

4. Pass a Background Check

There are several restrictions on who may become a real estate broker, particularly if they do not pass a background check. The Texas Department of Public Safety needs you to get your fingerprints taken for the same reason and to have them on file with them.

Applicants can expect a delay in their application procedure if an inquiry into their history is already underway. Upon receiving notice that this is the case, the candidate is notified.

5. Pass the Texas Real Estate Broker Exam

This is the last step in the process of earning your license. Because you only have three chances to pass the real estate broker licensing test, you must study diligently and prepare thoroughly. If you fail the exam three times, you will be compelled to complete extra training. Once your exam date has been scheduled, you will get an email with detailed information on how to register for the exam and how to obtain a copy of the exam Candidate Handbook (if applicable).

After Becoming a Real Estate Broker

Your real estate broker career may begin as soon as you pass your licensing exam and acquire your Texas Real Estate Broker license. In Texas, you have the option of working on your own or hiring a sales agent to help you grow your business and fully capitalize on the state’s wide-open residential real estate market. While you can hire an agent to interact with clients while you manage the administrative side of the business, you must remember that you are ultimately responsible for all transactions and legal aspects of the firm as a broker.

A broker, on the other hand, receives a larger percentage of the sales profits and also has a level of influence in the industry that no other agent can equal.

What’s the difference between a real estate agent and a Realtor?

Is it possible for you to explain to your clients what the difference is between a real estate agent and a real estate realtor? There is a distinction between the two, and that distinction is significant. Becoming a real estate agent Obtaining a salesperson license from the Texas Real Estate Commission (TREC) and being sponsored by an established broker are both prerequisites for selling real estate in the state of Texas. Also necessary are 180 hours of relevant educational courses, as well as passing the real estate license examination.

  • However, having a Texas real estate salesperson or broker’s license from the TREC does not automatically qualify someone as a Texas Realtor.
  • Only when all of these procedures have been completed can a person be referred to as a Realtor.
  • What are the benefits of working with a Realtor?
  • The Code of Ethics serves as the foundation for everything that it means to be a Realtor.
  • A consumer-oriented code, it binds Realtors to a higher degree of professional behavior than is often expected of them.
  • Realtors in Texas, in particular, have a long history of cooperating with state and municipal politicians, as well as with other regulating agencies and organizations.
  • Additionally, Texas Realtors have access to the most up-to-date information and education, allowing them to be more knowledgeable about the process of buying and selling real estate in Texas.
  • In addition, Texas Realtors have unique access to more than 100 forms for every sort of real estate circumstance imaginable, which may assist you in staying out of legal problems while dealing with real estate transactions in the state of Texas.
  • Despite the fact that these translations are not legally binding papers, they are useful in explaining the forms to Spanish-speaking clients.
  • Working with a Texas real estate agent may make a significant difference in the degree of professionalism and competence that customers get throughout the transaction.

Inform them that dealing with a qualified practitioner who puts the requirements of her customers first will result in a more seamless transaction for them.

How to Become a Real Estate Agent in Texas in 8 Easy Steps

As the Lone Star State continues to set new highs in house sales, it’s no surprise that you’re interested in learning how to become a real estate agent in the Golden State. After all, it’s a fantastic profession with virtually limitless development possibilities. Furthermore, it is a reasonably affordable endeavor to begin with. Make certain that you fulfill the following prerequisites for a Texas Real Estate Sales Agent license before you begin the process:

  • You must be at least 18 years old to participate. You must be a citizen of the United States or have the capacity to work lawfully in the United States in order to be considered. You must be able to pass a background investigation.

It should come as no surprise that there is a little more to the procedure. Learn all you need to know about how to become a real estate agent in Texas. The following are the actions that you will need to take:

  1. Complete Submit your license application
  2. Get your fingerprints taken at a MorphoTrust location
  3. Select a real estate school
  4. Complete your prelicensing classes
  5. Schedule your licensing exam
  6. And pass the exam. Prepare for your Licensing Examination
  7. Make an appointment to pass your Texas real estate license exam
  8. Locate a sponsoring broker

How Much Does It Cost to Get a Real Estate License in Texas?

The cost of obtaining a real estate license in Texas is around $900 dollars. Some of the expenditures, such as the test and fingerprinting fees, as well as the license itself, are set in stone. Prices for coursework and exam preparation resources, on the other hand, might differ greatly. Remember to hunt for discount codes for real estate schools in order to reduce the price of completing your educational needs. Real Estate Express is offering a 25 percent discount to readers of The Close who use the promo code TheClose25.

Texas Real Estate License Costs

Prelicensing Classes (180 Hours) $507 (Real Estate Express)
Exam Prep Materials $129 (Mbition)
Texas Real Estate License Exam Fee $54
License Fee $185
Fingerprinting Fee $38.25
Total Cost $913.25

How to Get a Real Estate License in Texas in 8 Steps

Let’s take a closer look at each of these processes in greater depth. Soon enough, you’ll be assisting customers in the purchase and sale of condominiums in Dallas, residences in Austin, and ranches throughout the state.

1. CompleteSubmit Your License Application

For your new real estate job to get off to a good start, you’ll need to create an account with the Texas Real Estate Commission Online Service. From there, you may complete the Application for Inactive Real Estate Sales Agent Licensing and pay the $185 license cost, which will conclude the process. If you wish, you may also print and mail their printable form if you so desire. It should take no more than a few minutes to finish the application. The majority of the questions on the application pertain to your legal history and any professional licenses you have previously held.

Once your application has been granted, you will get a letter from the Texas Real Estate Commission (TREC) including your “TREC ID.” You’ll need to remember that number in order to proceed with the process.

2. Get Fingerprinted at a MorphoTrust Location

The fingerprinting of applicants and the passing of a background check are required for real estate license applications. Once you’ve obtained your TREC ID number, you may make an appointment at one of the 20 MorphoTrust offices located throughout the state of Tennessee. Your credit card will be charged $38.25 for this service.

3. Choose a Real Estate School

The next step is to select a real estate school where you will complete your prelicensing curriculum. The TREC offers candidates with a list of schools that they may sort according to their location and type of course delivery. Alternatively, you may consult our really useful reference of real estate schools in Texas.

Instead of pacing your own learning experience, Kaplanoffers live, virtual classrooms with an instructor and peers with whom you may connect directly. Kaplan’s live, online curriculum, which includes both daytime and nighttime classes, is available for $889 a semester.

4. Complete Your Prelicensing Classes

Before taking the license test, the state of Texas mandates that you complete 180 hours of education. The following are the six portions of the course:

  • Principles of Real Estate I (30 hours)
  • Principles of Real Estate II (30 hours)
  • Law of Agency (30 hours)
  • Law of Contracts (30 hours)
  • Promulgated Contract Forms (30 hours)
  • Real Estate Finance (30 hours)
  • Real Estate Finance (30 hours).

All courses will prepare you for the real estate licensure exam as well as for a successful real estate profession. Upon completion of the classes, you’ll be prepared to assist your customers in the sale of their ranch near Amarillo or the purchase of a bungalow in Waco.

5. Schedule Your Licensing Exam

The Texas real estate licensing examination is administered by Pearson VUE. As soon as you’ve finished your prelicensing classes, you should submit your course completion documentation to the Texas Real Estate Commission. More information regarding scheduling your Texas real estate test will be provided by Pearson VUE, but you may begin the process by calling (800) 997-1248 or visiting Pearson VUE’s website to find out more. Walk-ins are not permitted, and you must arrange the test at least 24 hours in advance of the exam.

Applicants can take the exam at one of 30 Pearson VUE centers around the state, which costs $54.

6. Study for Your Licensing Exam

The moment has come to begin studying if you have finished all of your courses and have marked your exam date in red on your calendar. After all, the test includes extensive questions regarding all of the content you’ve covered over the course of 180 hours of instruction. Before sitting for the exam, you’ll want to go over the content again. Consider purchasing test preparation materials fromMbition.com. For only $129, you’ll have access to study resources that will assist you in passing both the national and state portions of the examination.

Pay a visit to Mbition

7. TakePass Your Texas Real Estate License Exam

Allow at least 30 minutes before your planned computer-based exam time to arrive at the Pearson VUE testing center. Remember to bring the following items:

  • The following items: two forms of legitimate identification (one must be a government-issued picture ID that includes a signature, and the other must have your signature)
  • A quiet calculator that is not programmable (optional)
  • And

Leave your handbag, wallet, phone, watch, and any food or beverages in the car with the windows down. Refer to page eight of this Pearson VUE manual for further information on test center policies. When you finish the exam, your score report will be shown on the screen shortly after you have finished.

8. Find a Sponsoring Broker

You’re on the verge of making it! After completing the procedures outlined above to learn how to become a real estate agent in Texas, you will be awarded an inactive license for the time being. When applying for a complete license and beginning work as a real estate agent in Texas, you must first locate a sponsoring broker who will oversee your work. You’ll be ready to submit a brokerage sponsorship request through TREC’s online service once you’ve identified a broker you’re comfortable with.

The following list of the finest real estate businesses to work for in Texas in 2021 will assist you in making your selection on which Texas brokerages to choose.

How to Become a Real Estate Agent in Texas: FAQs

We have no doubt that you are thrilled to begin your new real estate profession! Allow us to respond to a few more questions on how to become a realtor in Texas by providing answers to the following:

How much do real estate agents in Texas make?

According to the websiteIndeed, real estate agents in Texas earn an average of $88,660 per year in commissions alone on their transactions. Take into consideration the following three fundamental factors when you explore earning a commission-based income:

Split

A split refers to the manner in which the commissions will be shared between the brokerage and the real estate agent. Some brokerages may ask for a 50/50 split on commissions, while others will give you a larger proportion if you agree to pay a desk charge in exchange for a higher percentage.

Desk Fee

A desk fee is a monthly charge that is paid by the real estate agent to the brokerage firm that represents him or her. Administrative expenses such as access to copiers and desk space are covered by this fee. This charge is taken regardless of whether or not you earn a commission for the month.

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Cap

A cap is the maximum amount of commissions that the agency will deduct from your earnings over the course of a calendar year. Everything that you earn in excess of that cap is yours to retain and enjoy.

How long does it take to become a licensed real estate agent in Texas?

In Texas, it takes between four and five months to complete the requirements for a real estate license. In order to complete the program, even someone who dedicates 40 hours per week to real estate seminars would need more than a month. The board’s approval of your application may also take several weeks, depending on the circumstances. However, you may use theApplication Tracker Tool to keep track of how far along your application is in the approval process.

What is the fastest way to get a real estate license in Texas?

The quickest method to obtain a real estate license in Texas is to enroll in an online real estate school that allows you to complete your coursework at your own convenience. Check out the Real Estate Express program to see all it has to offer. In exchange for moving through the material as quickly as you feel comfortable, you’ll obtain an excellent education. Real Estate Express is offering a 25 percent discount to The Close subscribers who use the promo code TheClose25.

Is the Texas real estate license exam difficult?

The national portion of the Texas real estate licensing test is followed by a section on the state of Texas. The questions are all multiple-choice in nature. Your total time allotted for both portions will be four hours and forty minutes. For the national section of the exam, you must obtain a 66 percent passing score, whereas for the state portion, you must obtain a 53 percent correct answer percentage.

Breakdown of the Texas Real Estate Sales Exam

Exam Time Limit Number of Questions Requirement to Pass
National Section of the Exam 150 minutes 85 multiple-choice questions At least 56/85 correct answers required to pass
Texas Section of the Exam 90 minutes 40 multiple-choice questions At least 21/40 correct answers required to pass

You will receive a diagnostic report if you do not pass the test on your first attempt. The diagnostic report will inform you which areas of the exam you will need to study more thoroughly. You have the option to retake the exam:

  • Within one year of filing your original application with the Texas Real Estate Commission
  • After you’ve paid the $54 exam fee
  • After 24 hours have passed since your last exam
  • And after you’ve paid the $54 exam cost

You must pass both the national and state components of the test in order to be certified. After three attempts (and before the application’s expiration date), if you are unable to pass them, you must finish extra courses. If you fail either the state or the national component of the test, you will be required to complete an extra 30 hours of coursework. It is mandatory to complete 60 hours of supplementary education if you fail both the national and state components of the examination. You have the option of selecting which sections of the courses you would want to repeat.

Once you have completed the extra classes, you must submit the course completion paperwork, as well as the failing score reports, to the TREC for consideration. As soon as those papers have been processed, Pearson VUE will be notified, and you will be given the opportunity to repeat the examination.

Is getting a Texas real estate license worth it?

Changing jobs may be a frightening prospect, especially if you are transitioning from a job with a regular pay to one that is solely reliant on commission. The Texas real estate market, on the other hand, is thriving right now! Those who are self-motivated and not scared of a little hard effort might do well in today’s economy. Instead of diving into a real estate business with both feet, you might want to consider holding on to your “day job” for a little bit longer first. Take a look at the article How to Become a Successful Part-Time Real Estate Agent, which contains an interactive tool that compares the costs associated with working as a real estate agent to the number of average-priced properties you must sell in order to break even.

Additional Resources for Launching Your Real Estate Career

Are you interested in learning more about how to become a real estate agent? If so, read on. For additional information on selecting a brokerage and becoming a member of national real estate organizations, please see our comprehensive guide to obtaining a real estate license. Aside from that, if you want to network with other real estate agents or those who are transitioning into a real estate job, try joining The Close Real Estate Agents MastermindFacebook Group. A group of young and seasoned real estate experts who are willing to answer your questions about this fascinating sector are members of this group.

How to Get a Texas Real Estate License

Champions School of Real Estate provides you with all of the Real Estate Qualifying Education (QE) that you will need to obtain a Texas Real Estate Sales Agent license! Contact us now for more information! Check out these quick tips to have a better grasp of the Texas Real Estate Licensing Requirements before taking the first step in launching your new profession. Enroll today, and you may get your Sales Agent license in as little as 4 to 6 weeks after graduation! You Have the Ability to Succeed!

Step 2: Submit an online application to TRECLearn more about this step Step 3: Enroll in an Exam Preparation Class and take Practice Exams Read on to find out more Step 4: Pass the State Exam at Pearson VueLearn more about this procedure.

Read on to find out more

For More Information.

Select your desired delivery method from the dropdown menus below to proceed with your transaction. With the Champions Advantageoption, you may mix and match numerous delivery options to suit your needs.

6 Course Licensing Program

SAVE $130 ON THE PRICE OF $980 $1110 This package contains the following items:

  • 6 Qualifying Education Courses
  • State Exam Preparation Course
  • 180 TREC Credit Hours
  • FREE Prep Retakes for 1 Year
  • FREE Printed Books or PDFs
  • 6 Qualifying Education Courses Exam proctoring is provided at no cost.

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6 Course Licensing Program + Business Etiquette

SAVE $175 ON THE PRICE OF $1080 $1255 This package contains the following items:

  • A total of six qualifying education courses
  • A state exam preparation course
  • A two-day business etiquette course
  • 180 TREC credit hours
  • And one year of FREE exam retakes. Printed books or PDFs are provided for free. Exam proctoring is provided at no cost.

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9 Course Licensing and Renewal Program

Save $240 on a total of $1445 $1685. This package contains the following items:

  • The following courses are included: 6 Qualifying Education courses, a State Exam Prep course, 3 SAE Renewal courses, TREC Legal Update III, 278 TREC Credit Hours, FREE Prep Retakes for 1 year, FREE printed books or PDFs, and FREE exam proctoring.

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11 Course Licensing and Renewal Program + Success Tools

$1484 $1944 1624 SAVE $320 This package contains the following items:

  • A total of six qualifying education courses, a state exam preparation course, three SAE renewal courses, TREC Legal Update III, and a two-day business etiquette course Video coaching videos
  • Book “Successful Tendencies of Real Estate Champions”
  • 278 TREC credit hours
  • FREE Prep Retakes for 1 year
  • FREE Printed Books or PDFs
  • FREE Exam Proctoring
  • And more.

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Set Your Real Estate License Education Course Schedule.Classroom, Online, or in the Virtual Classroom!

The Blended Learning Environment The best of both worlds: on-campus classroom instruction and self-study with textbooks. For pupils that study best when they are in a group setting. Prepare for class by reading the content ahead of time and spending class time learning from an instructor. Classroom on the Internet A combination of instructor-led ChampionsLIVE!® streaming and self-study is available. Remote students who want the classroom experience streamed to their home or workplace would benefit the most from this option.

  • Online-Interactivenew!
  • For students who learn best through video and interactive activities who are studying from a distance.
  • Read on to find out more Online-Correspondence Self-paced, online study with a PDF or hardcopy textbook and additional chapter videos is available.
  • Download PDFs of textbooks or purchase physical textbooks.
  • Each chapter has additional films to accompany it.
  • You can transfer at any moment.
  • Read on to find out more Utilize all of our distribution methods and resources to create a curriculum that is tailored to your specific requirements.
  • There is no other Real Estate school that provides this degree of ease and flexibility.

Individual Real Estate QE Courses

To obtain a Texas Real Estate License, you must complete each of the courses mentioned below, as required by the Texas Real Estate Commission. Purchasing all of the courses together in one of the QE programs described above will result in a lower price for all of the courses.

Principles of Real Estate 1

An in-depth introduction to the terms and professional requirements associated with the real estate industry. This Real Estate Pre-Licensing course has been authorized by the Texas Real Estate Commission and must be completed in order to obtain a Texas real estate license. The course offers students with a thorough grasp of real estate terms as well as their professional responsibilities. A comprehensive comprehension of the real estate license words included on both the state and national parts of the Texas Real Estate Sales Agent Exam is intended to be achieved by all students who complete the course.

Included are topics such as TRECTRELA, DeedsTitle, Appraisal Closing, Math, Federal Laws, and many other things!

Please pick a delivery method from the drop-down menu above and try again. Information That Should Not Be Missed Important Information Regarding Real Estate Principles and Practices 1Course: Please Keep in Mind: A $15 No Show Fee will be charged to students who fail to notify Champions of their anticipated absence at least 24 hours before the start of class. This fee is being implemented due to the limited number of seats currently available in our classrooms as a result of social distancing guidelines in place.

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Principles of Real Estate 2

Improve your awareness of real estate terms and duties as a licensed practitioner. This Real Estate Pre-Licensing course has been authorized by the Texas Real Estate Commission and must be completed in order to obtain a Texas real estate license. The course is aimed to expand on the real estate terminology and professional duties covered in Principles of Real Estate 1, as well as the knowledge gained in Principles of Real Estate 2. In this course, students will get a knowledge of a typical day in the life of a Real Estate agent by becoming more familiar with the many parts of the profession that they will come into contact with while doing their daily duties as a Real Estate Sales Agent.

Introduction to Real Estate, Transferring Title, Lending Practices, the Federal Fair Housing Act, and other topics are covered.

Information That Should Not Be Missed Important information pertaining to Principles of Real Estate 2Course: a brief overview Please Keep in Mind: A $15 No Show Fee will be charged to students who fail to notify Champions of their anticipated absence at least 24 hours before the start of class.

There will be no longer be a charge for this service once we have returned to our usual classroom capacity.

Law of Agency

The fundamentals of agency, including its history, senate legislation, and the Listing Agreement, are discussed. This Real Estate Pre-Licensing course has been authorized by the Texas Real Estate Commission and must be completed in order to obtain a Texas real estate license. In this course, you will learn all you need to know about law of agency concerns so that you may pass both the state and national sections of the Texas Real Estate Sales Agent examination. In addition to the fundamentals, students will gain valuable knowledge that will prepare them for success once they receive their real estate license.

There will be discussions on topics such as the history of agency, Senate Bill 489 and the Intermediary, the Listing Agreement (representing the seller/buyer), employment law, and much more!

Please pick a delivery method from the drop-down menu above and try again. Information That Should Not Be Missed Important Information Regarding the Agency’s Rule of Law Course: Because of the restricted number of seats available in our classrooms as a consequence of the school’s strict social distancing policies, students who fail to notify the school of their intended absence at least 24 hours before the start of class will be charged a $15.00 No Show Fee. There will be no longer be a charge for this service once we have returned to our usual classroom capacity.

Law of Contracts

Using a hands-on approach, students will get a greater understanding of real estate contracts. This Real Estate Pre-Licensing course has been authorized by the Texas Real Estate Commission and must be completed in order to obtain a Texas real estate license. The agent will have a better understanding of the contracts and addenda as a result of the training. Individual case studies utilizing sample TREC and TAR forms will be used to demonstrate how to fill in the gaps with the right information in a hands-on manner.

  1. The Texas Real Estate Commission Rules, the Texas Real Estate License Act, Legal Principles of Real Estate, Deeds of Trust, Contracts for the Sale of Real Estate, and other topics will be covered.
  2. Information That Should Not Be Missed Important information pertaining to the Law of Contracts is provided here.
  3. This fee is being implemented due to the limited number of seats currently available in our classrooms as a result of social distancing guidelines in place.
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Real Estate Finance

Learn all you need to know about the unique financial procedures utilized in the Real Estate industry. This Real Estate Pre-Licensing course has been authorized by the Texas Real Estate Commission and must be completed in order to obtain a Texas real estate license. During the course, you will gain a thorough grasp of the specific financing techniques that are currently employed in the Real Estate market. It contains information about licensed lenders, interest rates, mortgage paperwork, business and residential loans, and other financial products.

Real estate finance procedures are complicated, thus it’s important to understand them.

An in-depth grasp of the specialized financing techniques currently in use in the Real Estate market is provided by this training course.

Money and interest rates, regulated lenders, the secondary market, mortgage documentation, borrower qualifying, and more are all covered in this course..

Promulgated Contract Forms

Learn the ins and outs of the Promulgated Contract Forms issued by the Texas Real Estate Commission. This Real Estate Pre-Licensing course has been authorized by the Texas Real Estate Commission and must be completed in order to obtain a Texas real estate license. During the session, you will learn about the Texas Real Estate Commission Promulgated Contract Forms and how to use them properly. It presents a paragraph-by-paragraph breakdown of the One-to-Four Family Contract and highlights the similarities and differences between the One-to-Four Family Contract and the Promulgated Contract.

Please pick a delivery method from the drop-down menu above and try again.

This fee is being implemented due to the limited number of seats currently available in our classrooms as a result of social distancing guidelines in place.

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