You may be surprised to find out how fast and convenient it can be to take classes to become a licensed Texas Real Estate Agent.
You
may be surprised to find out how fast and convenient it can be to take classes
to become a licensed Texas Real Estate Agent.
As housing prices continue to fall, the number of real estate
investors is on the rise. If you don’t have the resources yourself to invest,
obtaining your Texas Real Estate License may be an ideal way to get in the game
and supplement your income. You may be surprised to find out how fast and
convenient it can be to become a licensed Texas Real Estate Agent.
1. Successfully
Complete the Education Requirements. The Texas Real Estate Commission requires you to have the
equivalent of 210 classroom hours (seven 30-hour classes) before you are able
to apply for a Texas Real Estate License. You will need
to complete 60 hours of Principles of Real Estate courses, 30 hours
of Law of Contracts, 30 hours of Law of Agency, and 30 hours of an additional
core real estate courses. You must also complete another four semesters (60
classroom hours) in core courses or acceptable related courses. The
Commission’s website has a full listing of these courses.
2. Submit
Evaluation of Education Documents. Once you have completed all the Commission’s requirements, you
will need to fill out the Evaluation of Education Document Form and send copies
of your transcripts and certificates to the Texas Real Estate Commission. A fee
of $30.00 is required for the evaluation of education documents for the purpose
of determining if the requirements have been met. The evaluation process
generally takes 10 business days, and you will receive an evaluation letter
from the Commission confirming the satisfaction of all education requirements.
3. Get
Fingerprinted. Beginning January 1, 2008, any person applying for a broker or
salesperson license must have their fingerprints on file with the Department of
Public Safety. Information on this is included with the Evaluation of Education
Document Form. License applicants must get
fingerprints taken within six months of the date the application.
4. File Your
Application.
Once the Commission notifies you that your education requirements have been
met, you are ready to submit the real estate application and required fee
(currently $104.50) to the Texas Real Estate Commission. You can file and pay
online which will speed up the application process considerably. Once your
application has been received, processed, and accepted, you will receive
notification that you may obtain a copy of the Candidate Information Brochure
(CIB). A copy of the CIB can be downloaded from the PSI exam web site (PSI
is a testing service company). The CIB will provide instructions on how to
register and reserve a spot to take the exam, and also includes study material
and instructions about licensing. You should not attempt to register for the
exam without first receiving notification from the Commission.
5. Study For
and Pass the Exam. The State exam is divided into two parts, a theory portion (based
on National practices) and a Texas-specific portion. As with any exam, it’s
essential that you thoroughly prepare. There is a wealth of real estate
training materials out there to help you from books to audio coaching series.
The Texas Institute of Real Estate also offers live and correspondence courses
that cover the material you will need to know for the State exam.
6. Obtain
Sponsorship.
Before you can practice as a licensed salesperson you must arrange for an
active Texas real estate broker to sponsor you.
After you pass the exam, once a broker holding an active license has mailed a
request to the Commission to act as your sponsor, you may begin to sell real
estate.
If you think now may be the right time to get your Texas Real
Estate License, it may not be as hard as you thought. The process is simple,
and a small investment of your time and money could equal great rewards in the
long run.
| About the author |
Helen Walker. The Texas Institute of Real Estate offers comprehensive education on how to achieve your Texas Real Estate License |
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