Texas Real Estate License Training
Start learning how to be a Texas real estate agent today! This Texas real estate license online training course will help you develop into a highly successful real estate licensee. Online courses can be taken at your convenience and on your schedule. (OnlineEd, Inc. partners with Career WebSchool to offer this course.)
Learn How To Get A Real Estate License in Texas
In Texas, real estate agents are referred to as Real Estate Salespersons. The Texas Real Estate Commission requires the following for new real estate licensees:
- Be a legal citizen of the United States
- Be at least 18 years of age
- Be a resident of Texas
- Complete 210 hours of real estate training
- Have a fingerprint card on-file with the Department of Public Safety
The 210 hours of course study must be in the folowing categories:
- 60 hours in Principles of Real Estate
- 30 hours in Law of Agency
- 30 hours in Law of Contract
- A 30 hour core course
- An additional 60 hours of course work in either a "core" or other TREC-approved course subject
After a new real estate salesperson completes the licensing studies, an "Evaluation of Education Documents" will need to be mailed to the Texas Real Estate Commission. The TREC will review the submitted education transcripts and send an approval letter back in response.
Once the education evaluation has been received by the new licensee, an application for an inactive salesperson license can then be submitted. The TREC has an online system to speed up the application process. A mailed application can be sent to the department, but it will take longer for the Real Estate Commission to process.
The next step is to register for the state exam using the Candidate Information Brochure, but only after an applicant has been notified that the inactive salesperson application has been processed and accepted. The exam will be scheduled through PSI Exams.
When the state exam has been passed, the applicant will be issued an inactive real estate salesperson license. The applicant can not practice real estate until the license has been converted to an active salesperson license. This requires the applicant to be sponsored by a real estate broker. Once a broker has completed the Salesperson Sponsorship Form and mailed it to the TREC, the active real estate salesperson license will be mailed to the broker to keep on file.
Your Real Estate License Training Program
The required course hours can be completed online from a school approved by the TREC. Our Texas Real Estate Salesperson training course is offered in conjunction with 360 Training and Lamar University (TREC provider #205).
Principles of Real Estate I - 30 Hours
Principles of Real Estate I is a Texas Real Estate Commission mandatory 30 hour core course that is the foundation for the beginning real estate agent. The purpose of this course is to give students a brief synopsis and overview of real estate: what is real estate? How real estate is transferred, the documents used in transferring it, the rules and laws by which real estate agents will perform, the meaning of representation and how and why properties are appraised.
The course will begin with the concepts of ethics in the field of real estate. It will further on cover real property ownership and land use and the Texas license law. Also discussed within this course are contracts, purchase and sale agreements, the rules of fair housing in real estate and the laws of agency.
Principles of Real Estate II - 30 Hours
Principles of Real Estate II is a Texas Real Estate Commission mandatory 30 hour core course that is the foundation for the beginning real estate agent. The purpose of this course is to give students a brief synopsis and overview of real estate: real estate financing, how title to property is transferred, title closing, basic real estate math, the specialty area of leasing and property management, the principles of investment and control of land use.
The course will cover broad topics ranging from titles and records to property Management. Also discussed in this course will be deeds, liens, taxes and foreclosures. Student will also learn about listing agreements, closing and settlement costs, how to value and appraise a property, basic financing policies and regulations, real estate math and leases.
Law of Agency - 30 Hours
The purpose of this course is to give new licensees an overview of the concept of agency. Agency law has evolved over the past decade and it is of utmost important for agents to have an understanding of their responsibilities in representing buyers and sellers. This course covers broad aspects relating to agency relationships, particularly principal-agent and master-servant relationships. It also covers the issues relating to the authority of an agent, the termination of an agent's authority, the fiduciary and other duties of an agent, Senate Bill No. 489, agency contracts, employment law, and the disclosure of agency.
Law of Contracts - 30 Hours
The purpose of this course is to give students a basic understanding of the basic paragraphs of the contract (what they actually mean I layman's terms). The purpose is also to give students the opportunity to not only have the knowledge of contracts but also to fill out contracts.
This course covers broad aspects relating to the elements of a contract, offer and acceptance, contract law and use of contracts, the statute of frauds, the residential contract, presenting offers and licensee's responsibilities, HUD settlement and closing costs and FHA and VA contract information
Finance I - 30 Hours
This course provides an introduction to residential real estate finance information on how to underwrite FHA, VA, FNMA, & FHLMC loans. In this course, the basics are discussed regarding applications, appraisals, escrow, title, and credit reports, which includes FICO, qualifying for loan amounts, and verifying income and assets. You will also learn how to calculate loan amounts, affordable monthly payments, property taxes, hazard and mortgage insurances (Conventional and FHA), qualifying ratios and income.
Marketing: Building a Real Estate Practice - 30 Hours
This course comprises of four major modules that involve all the details required to build a real estate practice. Modules include: Pricing to Financing, Skills for Professional Success, How to Build a Successful Business and Risk Management. Each topic has been further divided into relevant modules to ease in the learning process for you – the student.
Topics as simple as a market analysis, financing of property through various financing options to calculating all the possible loan types have been mentioned. Real-life examples will be used to illustrate the important procedural issues as well to more clearly explain IRS Rules and Regulations. The Home Inspection course covers how a salesperson can understand home inspections to benefit their clients. You will learn to create a business plan, to set realistic and attainable goals and to effectively communicate with both clients and co-workers. You will also know how an assistant can increase your business. In addition, you will learn about proper negotiating, effective communication and the psychology of marketing.
Marketing II Negotiations Techniques - 30 Hours
Real estate transactions permit and require more negotiation than most other exchanges of goods and services, and, as a result, much of a real estate salesperson’s job involves trying to craft mutually acceptable deals for the various parties involved in them. Additionally, salespersons must not only negotiate with those with which they wish to gain some advantage or another, but also sometimes with their own clients. Because real estate practice involves so much negotiating, virtually any salesperson can benefit from improving his or her negotiation skills, and this course is designed to teach just such methods of improvement.