A Look at the Positives and Negatives of Becoming a New Real Estate Sales Agent

If one thinks of a career in real estate, we may say it’s about benefits and several challenges. It may be remunerative, it’s the hard work hours and time sacrifice which gives the fullness to this career.

If you’re really eager to get into real estate, we have consolidated some of the positives and negatives of becoming a real estate agent that you might find interesting.

Flexibility to conduct your very own schedule is among the major advantages with real estate career. What it attracts the vast majority of individuals to get into real estate business is the flexible work schedule.

This is correct, in real estate you’re your very own boss and will handle your day so that, by looking in your company itself you proceed to your kid’s school event or stay at home after school rush.

Many workers are looking to work in changes as opposed to working for fixed timings and in the last five decades, there have been huge changes in the work environment and increasingly flexible work options, offered by employers and sought after by real estate professionals.

Real estate is one of the rewarding careers that have the flexibility built into it. If you aren’t disciplined in handling the working hours, then you may end working more.

Care is needed to comprehend that, having hours that were open-ended does not mean you have an easy job.

The typical workweek is 40 hours, usually, customer contacts will take place on weekends so realtors might need to work usually for the timings 9-to-5.

This gives a clue to us that, while you plan to take time off on weekend afternoons to check your child’s classroom, you may sacrifice family time on the weekend.

What you may do! do more exercise on time optimization

One ought to consider the time management in real estate as one of the simplest tasks if we plan correctly. Since there exist many different time management tools to assist you to deploy your works both on family time and your business. Aside from this, the present day real estate technology is quite enough in making the daily routine of the job easier and faster.

Benefit: An opportunity to earn more

On average, the real estate broker could make 25 percent more income than the other workers, but there can’t be an assessment of how far you can earn. The more you’re good at business skills, and the more you invest in the career, the more you are able to earn from it.

Being the in charge of your very own transactions, you can’t expect a salary cap or a set period of time you’ve to work before you get a hike. The sky’s the limit. You do not have a chance of producing a safeguard against possible hardship, especially throughout the slow periods.

As you’re working independently, your income will be based on the work you do this month.

If you have fewer transactions in that month, your income will be less. The sales are obviously based on your earned commissions, so if you’re not doing enough work and in turn not selling any listings, you may not make much money.

The reason behind this is, you’re not hired by an employer to earn the money like a salary. Your earnings a totally linked up with the count of transactions each month.

If it is a slow month, your take-home is less. Being a commission based job, if you’re not selling a property, you certainly don’t get a paycheck.

What you should plan to do:

Plan to create healthily sized savings account first

This is an issue for some new real estate agents that don’t do a good job planning. This means, as it is very clear that, the cash flow is very less during the slow periods, if you create some space for creating a savings fund in prior you jump into real estate, then you should not have any issues with the incoming cash flow.

However, it is required to invest for the most usual common real estate sales agent expenses at the time when you’re budgeting for the amount you should save.

You get to help make dreams come true

This is a job where you involve in fulfilling someone’s dreams. It includes showing people beautiful properties day to day and thus, helps clients find their dream homes.

As a Texas real estate sales agent, you get to be a part of some great moments shared with your new clients as a realtor. You feel the responsibility of helping your clients to find that perfect property that will be in their memory forever. This causes great enthusiasm and eagerness.

Buying and selling can be a hardship for clients

Clients think a lot before making any financial transaction because they won’t buy or sell homes regularly and any purchase is a significant and final decision. Even though meeting new people in real estate can be exciting but also stressful and it will always be challenging to meet their needs.

The fact is, the clients who involve in these transactions will typically buy and sell their homes regularly and any purchase is a notable financial decision. This rises up the tensions, mainly when the clients are not able to find what to do. Although working with new people can be financially rewarding, it can also become pretty demanding and have its taxing moments.

Here’s a look at what you can and should do:

Always look to develop a firm real estate client network

During the tough time with that particular client, it is a network of harmonious real estate professional that supports you. You can get help from them who had gone through similar experiences by sharing some of the issues with you that have solved in past experiences.

Get involved to find other real estate sales agents in your local area and formulas they approach working with challenging clients or the way they take care of their clients in hard situations.

Measure the Benefits and Negatives to Becoming a Real Estate Sales Agent

It is always recommended to take time to work on how you plan to overcome the many challenges or demands this beneficial industry before you actually get started on your brand new real estate career as a realtor.

The positives should be enough to entice you to want to get into the industry, but it’s the hardworking and dedicated agents who can fight with and overcome any negatives involved and make this a very rewarding career.

How To Get Your Texas Real Estate License Online

A person commits a (criminal) offense if the person acts as a broker or salesperson without holding a license… (Texas Occupations Code, Section 1101.758)

There are six licensing needs the Texas Real Estate Commission has prescribed for one to do real estate practice. An individual has to take particular courses, have high moral character, have fingerprints on file, pass the real estate exam, get a license as an inactive real estate salesperson, and receive an active real estate license through broker sponsorship.

Courses

The first hurdle is to take and pass the real estate exam. Educational requirements must be met to qualify for the exam.

Moral Character

Other than traffic tickets, lack of convictions for felonies or misdemeanor reflects a person’s moral character. Advance filing may be done by individuals with convictions to determine if their records impede licensing.

Fingerprinting

To get a real estate license, applicants have to have fingerprints on file with the FBI through the Texas DPS or Department of Public Safety. The fingerprints have to be taken within a six month period from the date of inactive license application. Using the fingerprints, a criminal background check is conducted by the FBI. L-1 Identity Solutions —Enrollment Service administers the process.

An applicant must first visit https://www.trec.texas.gov/FASTPrintPass/ to get a FAST Print Pass before getting fingerprinted. L-1 Identity Solutions coordinates the process after. Some sites that administer the exam offer fingerprinting when a candidate sets an appointment in advance with the statewide L-1 Identity Solutions. If not, the applicant should schedule an appointment with L-1 Identity Solutions at the nearest location. Help can be given by the local Board of Realtors. Go to http://l1enrollment.com/locations/?st=tx for the 82 L-1 Identity Solutions fingerprinting locations. The candidate may register via phone at 1-888-467-2080 or online at https://tx.ibtfingerprint.com. There may be additional fees when the fingerprints are taken (see p. 7)

Real Estate Exam

The applicant forwards an “Application for Inactive Salesperson License” and exam fees to the commission once the educational requirements are satisfied and confirmation from the commission is received. A Candidate Information Brochure (CIB) is issued by test provider Psychological Services, Inc. (PSI) if the application is accepted. The applicant is then qualified to take the real estate exam once an additional fee is paid to PSI.

The candidate has to pass the exam within a year from the date the commission receives the inactive license application.

The candidate has to indicate any criminal conviction, not including misdemeanor traffic violations, when forwarding an “Application for Inactive Salesperson License.” A candidate may be disqualified from taking the exam as well as getting a real estate license if he or she has a serious misdemeanor violation or felony conviction. To remove any doubt, individuals with questionable records may file a “Request for Moral Character Determination” before spending time and money to satisfy the educational requirements.

Inactive Real Estate Salesperson License

An inactive real estate salesperson license is issued after an individual passes the exam and places fingerprints on file. No further application to the commission is needed for the issuance of the license.

Active Real Estate Salesperson License

The candidate looks for a sponsoring real estate broker after receiving an inactive salesperson license. A “Salesperson Sponsorship Form” is completed and submitted to the commission by the applicant and the sponsoring broker. An active real estate salesperson license is issued if the application is accepted. This entitles the licensee to practice real estate through the sponsorship or support of the broker.

Should Any Additional Education Courses Be Taken by the Sponsoring Broker?

Yes. Beginning Sept. 1, 2012, the sponsoring broker should attend, within the term of the license, a minimum of six classroom hours of commission-approved education courses on broker responsibility. The hours may be used by the broker to complete MCE requirements.

About Licensing

What Is the Real Estate License Act? How Is It Linked to the Texas Real Estate Commission and Acquiring a License?

The Texas Legislature passed the Real Estate License Act in 1939. At present, Texas Occupations Code Chapter 1101 contains the act. The Texas Real Estate Commission, which is in charge of the administration of real estate license rules and regulations, was created by the act. Moreover, the commission has the authority to make rules in carrying out its mission. The Texas Administrative Code Chapters 531 through 543 Title, Part 23 contains these administrative rules.

Nine real estate commissioners compose the commission. The governor appoints them with advice and consent from the Senate. The agency’s responsibilities are carried out by full-time staff under an administrator. These tasks consist of supervising the needs for acquiring, issuance as well as the renewal of real estate licenses. Furthermore, the commission manages, issues as well as renew real estate inspector, residential service companies and residential rental locators licenses.

How are inactive real estate salesperson, active real estate salesperson as well as real estate broker’s licenses different from each other?

With the exclusion of a probationary license, the commission issues three kinds of real estate licenses.

The preliminary stage in acquiring an active real estate license is the inactive real estate license. According to the commission’s rules, an applicant can complete this step without a sponsoring broker. An inactive real estate license does not entitle an individual to real estate practice.

The next phase in being able to practice real estate is having an active real estate salesperson license. This permits a holder to practice real estate with the supervision of a licensed real estate broker. During this period, the salesperson person is not allowed to accept real estate transaction fees or commission apart from the sponsoring broker.

The highest licensing status issued by the commission is a real estate broker’s license. An individual can take the real estate broker’s license exam following the maintenance of an active real estate salesperson license for the 24 of the past 36 months and completion of 60 post-secondary education semester hours in particular courses. This publication does not discuss the requirements for acquiring a real estate broker’s license. All discussion about licensing refer to either an inactive or active real estate salesperson license.

Activities That Need an Active Texas Real Estate License

Particular real estate activities done on behalf of another for an expected or actual fee, commission or other payment requires an active license. These moves include:

  • Sale, exchange, purchase or lease of real estate;
  • Offer to lease, purchase, exchange or sell real estate;
  • Negotiation or attempt at negotiation of lease, purchase, exchange, sale or listing of real estate;
  • Listing, offer, attempt or agreement to list real estate for exchange, lease or sale;
  • Auction, offer, attempt or agreement to auction real estate;
  • Purchase, sale or offer to purchase or sell or otherwise deal in options for real estate;
  • Aid, offer or attempt to aid location or acquisition of real estate for lease or purchase;
  • Procurement or assistance in procurement of properties for purpose of sale, exchange or lease of real estate;
  • Sale, purchase, lease or transfer of a right-of-way or easement for pipeline service, railroad, utility or telecommunication use;
  • Control of rent acceptance or deposit from single-family residential real property unit resident; or
  • Provision of a conclusion, opinion or written analysis estimating real property price as long as: (1) it is not submitted as an appraisal, (2) It is given in person’s ordinary course of business, and (3) it is linked to the potential or actual encumbrance, acquisition or management of an interest in real property.

An active real estate license is required for right-of-way agents. Apart from the listed activities, an active real estate license is a must for any individual tasked to sell a part of or all parcel of land for a commission, fee, salary or other value consideration.

In addition, any individual who collects an advance fee or charges fee via contract to promote real estate sale must have an active real estate license. Promotion can be done through referral or real estate publication.

Activities and Professions Are Exempt from Active Licensing Requirement

Particular real estate activities, professions as well as people do not need an active real estate license. The exemption includes:

  • An attorney at law with Texas license;
  • An individual authorized by power of attorney to consummate a real estate transaction;
  • A public official conducting official duties;
  • An individual authorized through a Texas auctioneers license to call the sales of real estate, provided no other act of real estate salesperson or broker is done as defined by the act;
  • An individual performing a real estate transaction by authority of a written trust instrument or will or via court order;
  • An individual commissioned by the owner to sell structures and land on which the structures are built, given that the structures are built by the owner throughout the course of the business;
  • An apartment complex on-site manager
  • An employee of the owner/s who leases the improved or unimproved real estate of the owner;
  • Transactions that involve cemetery lot transfer, lease or sale;
  • Transactions that involve hotel or motel lease or management;
  • Transactions that involve a mining or mineral interest transfer, lease or sale in real estate; or
  • Real property sale via the power of sale through contract lien or deed of trust.

There are questions raised by the act regarding other particular activities or persons that are exempt or require licensing. Rules and regulations in the code were promulgated by the commission to explain a number of these issues. A summary is found in Appendix A on page 11. Anyone who wants an active real estate license may verify if an activity is part of the exemption.

What If an Unlicensed Individual Takes on an Activity That Needs an Active Real Estate License?

Civil and criminal sanctions await a person who fails to procure the needed active real estate license. A Class B misdemeanor is slapped for the first violation. Subsequent violations merit more severe penalties.

If compensation is received by the violator, a civil suit may be filed by the payer to recover an amount equal to but not greater than three times the payment. If a commission, fee or other remuneration was promised to the violator but none was received, the unlicensed person is not allowed to use the courts to recover the commission, fee or other remuneration.

Additionally, when an individual is performing or about to perform conduct in violation of the act, the commission or the county or the district attorney, by power of the attorney general, may prohibit or nullify the activity.

What Qualifications Should an Individual Have to Be Eligible for an Inactive Real Estate License?

Inactive real estate license eligibility requires an individual to be:

  • At least 18 years old
  • A lawfully admitted alien or a US citizen;
  • A legal Texas resident;
  • Competent;
  • Able to convince the commission regarding his or her integrity, trustworthiness and honesty.

Furthermore, the education requirements should have been completed by the applicant.

The age requirement is not eliminated by changing minority status. For instance, women who are married, but younger than 18, are not considered minors in line with Texas law. However, married women still have to be 18 to be eligible for a real estate license.

Meanwhile, the qualifying exam score discussed later solely determines an applicant’s competency.

Does Military Service Affect Texas Residency Requirement?

An individual’s Texas residency status is not changed by military service. To lose Texas residency, legal residence elsewhere must be established by military personnel after leaving service.

Educational Requirements

What Specific Educational Requirements Should the Applicant Complete prior to Inactive Real Estate License Application before Sept. 1, 2012?

Each applicant should complete at least 14 semester hours equivalent to 210 post-secondary education classroom hours. Specific core real estate courses must comprise 150 classroom hours or ten of the semester hours. The remaining 60 classroom hours or four semester hours have to be in either core or related courses.

What Particular Core Courses Are Needed within the Ten Semester Hours Mandated before Sept. 1, 2012? What Particular Courses Are Required within the Remaining Four Semester Hours?

Principles of Real Estate must comprise four of the ten semester hours, Agency Law is two, Contract Law is two and any core course/s is another two. The four semester hours that remain may be in related or core courses.

What Particular Education Requirements Have to Be Completed by an Applicant Prior Inactive Real Estate License Application after Sept. 1, 2012?

Each applicant should complete at least 12 semester hours equivalent to 180 post-secondary education classroom hours, of particular core curriculum courses. Principles of Real Estate must comprise at least four of the semester hours.

Of the remaining eight semester hours, Agency Law is two, Contract Law is two, Real Estate Financing is two and Contract Forms and Addendums is another two. Detailed descriptions of the courses are on the following page. If a core course is taken more than once within any two-year term, no credit is given.

However, each applicant is required a minimum of three coursework classroom hours on community reinvestment, housing credit discrimination, and local, state and federal laws governing housing discrimination or a minimum of three classroom hours in constitutional law. Classroom hours can be integrate into core courses like the principles of real estate or in other courses.

Can the Educational Requirements Be Waived by the Commission in Particular Situations?

Yes. The education requirements may be waived by the commission when the applicant is a licensed Texas salesperson or broker within six months prior to the date of application. Nonetheless if the applicant has a previous salesperson license instead of a broker’s, he or she has to show proof of completion of the coursework that would have been needed had the license been maintained without interruption by the salesperson within the same period.

How Are Classroom Hours and Semester Hours Interrelated?

15 classroom hours is equal to one semester hour. Completing 45 classroom hours is equal to a three-hour semester.

What If the University or College Is on a Quarter Basis instead of a Semester? How Are Classroom Hours and Quarter Hours Interrelated?

Ten classroom hours is equal to one quarter hour. 30 classroom hours is equivalent to a three-hour course under the quarter system. A classroom hour system is applied for most college-level and proprietary schools continuing education courses. Applicants have to pinpoint whether a course is stated in quarter hours, semester hours or classroom hours and adapt them to a common unit. Quarter hours, semester hours, and classroom hours in any combination is accepted as long as they adhere to commission requirements. When doing analysis of educational requirements, all completed coursework are reduced by the commission to equivalent classroom hours.

According to the Act, What Courses Are Regarded as Core Curriculum or Core Real Estate Courses?

Core courses needed to get a real estate license consist of, but are not restricted to, the following:

  • Principles of real estate incorporates an a synopsis of real estate salesperson or broker licensing; ethics of license holder practice; conveyance of and titles to real estate; liens, deeds and encumbrances; legal descriptions; distinctions between real and personal property; finance and regulations; contracts; real estate mathematics; and closing procedures. A minimum of three classroom hours should be allotted for community reinvestment, housing credit discrimination, and local, state and federal laws linked to housing discrimination.
  • Agency law incorporates relationships between agent and principal, authority of agent, the termination of the authority of the agent, fiduciary as well as other responsibilities of the agent, deceptive trade practices, employment law, the disclosure of agency and buying or listing representation procedures
  • Contract law incorporates the statutes of frauds, contract elements, offer and acceptance, remedies for breach together with particular performance, commission rules linked to adopted forms use, unauthorized law practice, and requirements for owner disclosure
  • Real estate appraisal incorporates an appraisal’s main purposes as well as functions; social as well as economic determinants of real estate value; income, cost and market data approaches to real estate value estimates; appraisal case studies; reporting; and final correlations
  • Real estate law incorporates real estate legal concepts, land description, estates in land and real property rights, evidence of titles, recording procedures, foreclosures, encumbrances, contracts and conveyances.
  • Real estate finance incorporates primary as well as secondary market; monetary systems; mortgage loans sources; loan procedures, processes and applications; federal government programs; alternative financial instruments; closing costs; state housing agencies; laws on community reinvestment; and laws on equal credit opportunity.
  • Real estate marketing incorporates real estate ethics and professionalism; time management; characteristics of successful salespersons; listing procedures; psychology of marketing; negotiating and closing; the Deceptive Trade Practices Consumer Protection Act, Chapter 17, Business and Commerce Code; and advertising
  • Real estate mathematics incorporates review of mathematical logic and basic arithmetic skills, interest, percentages, depreciation, time-value of money, proration, closing statements estimation and amortization.
  • Real estate brokerage incorporates planning and organization; agency law; operational procedures and policies; personnel recruitment, selection and training; expansion criteria and analysis of real estate firm; and records and control.
  • Property management incorporates landlord policies, property manager role, leases, operational guidelines, tenant relations, lease negotiation, habitability laws, maintenance, the Fair Housing Act and reports.
  • Real estate investment incorporates characteristics of real estate investment, investment analysis techniques, discounted as well as non-discounted investment criteria, time value of money, tax shelters, applications to property tax, depreciation, and leverage.

The title, as well as content of other real estate core courses, may be established by the commission.

What other core real estate courses have the commission added in the code?

Apart from the core courses contained in the act, the following has been added by the commission

  • Promulgated contract forms incorporates, but is not restricted to, broker-lawyer committee, unauthorized practice of law, commission rules on the use of forms, case studies on the use of forms, current promulgated forms. (After Sept. 1, 2012, this subject matter should be taken for thirty classroom hours.)
  • Residential inspection for real estate agents incorporates, but is not restricted to, inspector and client agreement; property condition addendum; electromechanical systems (energy-saving considerations, appliances, air conditioning, heating, plumbing); tools and procedures; and structures (insect storage and damage areas, doors and windows, walls, paved areas, gutters, chimney, roofs, lot and landscape).

All or some of the licensing requirements including education requirements may be waived by the commission if the candidate has been licensed within the last six months.

For Licensing Purposes, What Courses Are Regarded as Non-core Curriculum or Related Courses according to the Commission?

The commission has the discretion of designating non-core or related courses. Visit the commission’s website at www.trec.state.tx.us/education/related.asp for a list of related course topics.

This is comprised of 31 general categories with a maximum of 22 subtopics under each. The categories consist of speech, sociology/anthropology, science, real estate, psychology, philosophy, petroleum and management, mathematics, marketing, management, law, journalism, investments, insurance, home economics, history, government/political science, geology/geography, finance, English, education, economics, construction, computer, civil engineering, general business, banking, architecture, agriculture, advertising, and accounting.

Other courses can be proposed for consideration. The proposal must have the official catalog description taken straight from the college catalog. The attachment can be clipped or reproduced.

Educational requirements are satisfied based on the successful completion of acceptable subjects and not the degrees earned.

What Other Education Requirement Rules Must Applicant Keep in Mind for Core Courses?

Before an applicant can earn credit, a core course must be approved by the commission.

  • A course presentation in excess of ten classroom hours a calendar day will be rejected.
  • A classroom course given by a proprietary school, college or university should have a final evaluation or final course examination.
  • A course may not dwell primarily on procedures or techniques used by a specific organization or brokerage.
  • Chapter 22, Section 535.71 (r) code requirements must be met by any related course taken for credit through an alternative delivery method. Chapter 22, Section 535.62 (d) (6) requirements must be met by a core course taken through an alternative delivery method. In part, the course must be certified by a commission-acceptable distance learning certification center.
  • No more than one course with same title and level, or content and level may be accepted by the commission if repeated within three years. TREC may give related course credit the second time if the course is taken more than once within a two-year timeframe. Nonetheless of the subject matter of the course has been significantly changed with the two years, core credit may be given for the repeat.
  • As mandated by the rules of the commission or the provider, the student must be in the classroom for hours of complete makeups or credit granted, except for correspondence courses as well as courses using an alternative delivery method like a computer.
  • For correspondence courses given by an accredited university or college, a proctored final exam must be passed by the student. The student must be positively identified and the exam graded by the instructor. The instructor or provider must approve the answer keys if the exam is graded mechanically or by a computer.
  • Classroom courses should be taught in an area conducive for learning. The workspace must be separate from work areas like assembly halls, conference rooms or training rooms.
  • Course descriptions, outlines as well as syllabi may be required by the commission when evaluating courses for educational requirements. Official transcripts may be needed to validate coursework.

Where Can Real Estate Education Courses Be Taken?

Proprietary real estate schools, universities and various junior and community colleges offer pre-license, post-license as well as correspondence courses according to the commission’s guidelines. Courses that adhere to the commission’s requirements may also be offered by Local Boards and Association of Realtors. However, commission approval must first be obtained by the board or association to offer the course as an accredited provider or school.


 

For Educational Credit, What Educational Sources Does the Commission Evaluate?

Courses should be completed at one of the types of schools below to be acceptable:

  • regional accrediting body-approved college or university,
  • commission-approved proprietary real estate school or professional trade association,
  • for GRI courses, state Associations of Realtors, or
  • other licensing agency, government entity or military (courses individually reviewed for acceptance).

How will a candidate know that he or she has met the education requirements?

Before Jan. 1, 2010, all transcripts as well as other course completion certifications had to be submitted by a candidate to the commission for review. This was needed prior to filing an inactive salesperson license application. This has been changed.

Certifications and transcripts are now incorporated in the inactive salesperson license application.

Nonetheless, if more than the needed number has been completed from various accredited institutions, the candidate may want to limit the number of core courses utilized for pre-licensing credit. The hours can be saved as well applied for real estate license renewal.

Application Process

What needs to be done to get an inactive Texas real estate license?

The candidate should file the Application for an Inactive Salesperson License (TREC Form ISL-1) once the general qualifications, which include educational requirements, have been met. The form can be accessed from the commission’s website or reproduce the copy in Appendix B.

Beginning Dec. 1, 2011, e-mail address, telephone number, as well as current mailing address, must be provided in the application. While the application is pending, the commission must be notified of any change in the said information.

A list of criminal offenses (felonies as well as misdemeanors, except traffic violations), employment history for the last five years, and driver’s license number should also be provided before Dec. 1, 2011. If the application is tendered after Sept. 1, 1995, the Social Security number of the applicant is needed but is kept confidential. Social Security numbers are not kept confidential for applications submitted before Sept. 1, 1995. All other info contained in the form may become public record.

For reasons discussed the following section, a candidate with criminal records (felony as well as misdemeanor convictions apart from traffic violations) may want to file a Request for Moral Character Determination (TREC Form MCD-5) (Appendix D) before filing an inactive license application.

Upon the submission and signing of the application form, the commission is authorized to investigate any info deemed necessary. To verify the criminal record of the candidate, the DPS is contacted. To confirm if a student loan is in default, the Texas Guaranteed Student Loan Corporation (TGSLC) is contacted. When a licensee defaults on a TGSLC-guaranteed student loan, state law prohibits the renewal of license more than once. The Attorney General’s Office may also be contacted by the commission with regard to unpaid child support. If the individual is delinquent in paying child support, Issuance of real estate license can be done, but not the renewal.

What is required by the act and the code with regard to the moral character as well as the criminal history of a candidate?

A felony or serious misdemeanor convict may be ineligible for a real estate license. Prior to the filing of any other paperwork with the commission, the act provides for a determination of moral character. A $25 filing fee is required for the Request for Moral Character form (Appendix D). The form need not be filed if there is no criminal record.

A candidate is not barred from acquiring a real estate license by bankruptcy proceedings, civil judgments or criminal convictions. Nonetheless, bad moral character according to the facts may cause the commission’s disapproval. In general, the integrity, trustworthiness, and honesty of the applicant are not considered by the commission until all licensing requirements have been met, which includes passing the exam. For individuals concerned with this issue, form pre-filing is recommended.

Candidates are required by the commission to indicate criminal convictions, except misdemeanor traffic violations. Nolo contendere (no contest) or guilty pleas to a felony are included. In addition, regardless of whether community supervision or probation has been granted after the suspension or conviction, the candidate should indicate if the time for appeal has passed or the conviction or judgment has been asserted on appeal.

The commission checks the veracity of the candidate’s disclosure with the DPS. Denial of license may ensue for nondisclosure of a serious misdemeanor or felony.

Based on adopted guidelines, provisional moral character determination may be issued by the commission.

Fingerprints Needed

Beginning Jan. 1, 2008, additional requirement on criminal history must be met by applicants. The DPS must be provided with a complete, readable set of fingerprints. The prints should be taken at a commission-approved location and must follow the required format by the FBI. At present, there are around 82 locations statewide. Prints should be taken within six months of the date of inactive license application. The fingerprints are used by the DPS and the FBI to verify the criminal history of an applicant.

The fingerprints should be given in a commission-provided form. The procedure and form are tackled earlier in this article. The DPS may collect an additional fee for taking the prints.

Why is an application rejected?

An application is rejected because:

  • no filing fee is included,
  • a wrong filing fee is included,
  • the application is tendered in pencil,
  • the applicant is not a US citizen or a lawfully admitted alien,
  • the applicant is younger than 18 years old or
  • the applicant is not a Texas resident.

In keeping with instructions on the form, the applicant should make sure that:

  • information is typewritten or printed in ink,
  • all needed information is given,
  • all queries have been answered,
  • needed signatures as well as signing dates are present
  • there is an attached money order or single check per application payable to the commission for particular fees. A check cannot be used for more than one application.

Incomplete applications will not be returned. The additional information is requested by a follow-up letter.

When is an application processing or evaluation stopped by the commission?

An application is voided and not processed further if the candidate does not:

  • pass the real estate exam within a year from date of application,
  • tender the needed fee within 60 days following the commission’s written request or
  • provide documentation or information within 60 days following the commission’s written request.

What is the cost for application? What other fees should be paid with the application?

$127 should be paid for an application. In addition, a $10 Texas Recovery Fund and a $20 processing fee must be paid. Fees are non-refundable.

What is next after the application is completed and submitted to the commission?

The application is reviewed by the commission and is either rejected or accepted. If accepted, Psychological Services Inc. (PSI), the test provider, mails the applicant a Candidate Information Brochure (CIB). The candidate is given one year from the time of receipt of the application to take and pass the real estate license exam.

The one year is calculated upon the receipt of the application by the commission, not from the receipt of the CIB by the applicant. Any exam taken prior to the commission’s receipt of the application or after the expiration of the one year period, will not be counted for licensing.

A Certificate of Eligibility was issued by the commission once an application was accepted before June 1, 1996. The CIB has replaced this. The change was prompted by the administration of the real estate exam by a private company.

Who administers the real estate license exam? Which location is the exam is given?

PSI administers the license examinations. Information, as well as instructions for reservations to take the exam, are contained in the CIB mailed to the applicant. Moreover, study material, as well as instructions with regard to licensing, is also in the CIB. The PSI handles all the details of the exam process once an applicant receives the CIB. Applicants must not get in touch with the commission.

The exam is administered at PSI centers in the following cities:

  • Shreveport, LA*
  • Lake Charles, LA*
  • Waco
  • Tyler
  • San Antonio
  • Richardson
  • Midland
  • McAllen
  • Lubbock
  • Houston
  • Harlingen
  • Fort Worth
  • El Paso
  • Dallas
  • Corpus Christi
  • Austin
  • Arlington
  • Amarillo
  • Abilene

*treated as a Texas site

To safeguard the confidentiality of the test material, the code, as well as the license application form, was changed since the exams are now administered under contract.

Disciplinary action is expected for acquiring or attempting to acquire questions as well as answers from the commission, an applicant or any individual linked with the testing service. Similarly, a pending exam application may be revoked or denied for removing or trying to remove answers or question from a test site or offering or trying to offer test answers or question to a prospective applicant or another applicant.

After registration, how long should an applicant wait before he or she may take the exam?

In general, the earliest schedule an applicant may take an exam is two days following registration. For instance, if the registration form is received on Monday, the exam may be taken on Thursday. The exam is administered by PSI Monday through Saturday.

What information should be provided by the applicant?

The information needed for exam registration is contained in the exam registration form found in the CIB or the one indicated online with PSI. However, applicants covered under the Americans with Disabilities Act who need special accommodations should describe in writing the particular accommodations they need and attach supporting official letterhead documentation from a licensed professional. Allocate two weeks for the processing of special arrangements.

To take the exam, what identification should be presented?

Two forms must be presented by an applicant. One should be a valid government-issued ID (military ID, passport, state ID, driver’s license), which bears a complete physical description or the signature and photograph of the applicant. The second ID should bear the signature as well as the preprinted legal name of the applicant. All IDs should match the name on the mail label on the CIB, the registration confirmation notice as well as the examination registration form.

A missed appointment is incurred for failure to supply the needed identification at the time of the exam without prior notice to PSI. The exam cannot be taken by the applicant and the registration fee is forfeited.

What items can be taken by the applicant into the exam? What technical rules apply?

No reference material can be brought since the exam is closed book. Candidates should bring a calculator that is non-programmable, silent and battery-operated. It cannot have a keyboard with alphabets or have paper-tape printing capabilities.

Books and notes cannot be brought, nor are children, purses, pagers or cell phones. No drinking, eating or smoking is permitted in the exam center. Candidates are not allowed to leave the building during the exam.

Candidates may not communicate or copy exam contents to other individuals; doing so may cause disqualification or legal action for copyright violation.

Prior to taking the exam, answering questions as well as reviewing answers, candidates may spend a maximum of 15 minutes to familiarize themselves with the computer and keyboard. The 15-minute tutorial is not part of the exam time.

All questions have been approved by a panel of Texas real estate experts and are multiple choice. Great care is put in place to come up with a fair exam which is bias-free and intended to measure the abilities, skills, and knowledge of applicants.

What is the structure of the exam? When are results released?

The exam is made up of national as well as state sections. There are 80 items in the national section while there are 30 in the state. Candidates are given 105 minutes for the national exam and 45 minutes for the state.

Both parts should be taken by an applicant the first time. No retake is needed for a part that is passed. Both parts should be passed within a year from the receipt of the application by the commission.

Test results will be immediately available after the exam. The exam is analyzed by PSI to point out areas of weakness for applicants who fail. The exam cannot be retaken immediately by those who fail. Actually, due to processing as well as reporting of scores, the candidate is not allowed to schedule a retake on the day the test was failed. Retakes may be listed by fax, phone or online the next day.

In keeping with the original schedule, the candidate has to wait two days before he or she is allowed to take the exam. For instance, if a candidate fails the exam on Monday, he or she may schedule another exam on Tuesday and take it on Thursday.

Within the one-year period, the applicant is allowed to take the whole exam or the part which was failed as many times as he or she wishes, if there is space and he or she pays needed test fee each time.

What if the applicant passes the whole exam?

The commission may print the inactive real estate license of the applicant within two business days when he or she passes the whole exam (two parts) and completes other requirements like fingerprinting and the determination of moral character.

The commission will advise the applicant if all requirement has not been completed.

How can a new licensee acquire an active real estate license?

There are a couple of ways to obtain an active real estate license, in chronological order. A sponsoring real estate broker is needed for each. Appendix C contains the three forms.

The first method uses the Salesperson Sponsorship Form-2 (Form SF 2-1) either (1) after application submission and before issuance of an inactive license or (2) after the notification of the person that he or she has an inactive license (receipt of license is not needed at this point). The form must be signed and submitted to the commission by both the salesperson as well as sponsoring broker. No fee is needed.

The second method uses the Salesperson Sponsorship Form-1 (Form SF1-1) when a sponsoring broker was found by the salesperson prior to the inactivation of their present license. This is appropriate when the applicants wants to obtain an active license under another sponsoring broker. The form must be signed and submitted to the commission by both the salesperson and the new sponsoring broker. A $20 filing fee is collected.

Renewal Process

What educational requirements are needed for the renewal of a real estate salesperson license?

For a license renewal, the licensee should satisfy either the Mandatory Continuing Education (MCE) or Salesperson Annual Education requirements annually. The SAE requirements should be completed first. This means the submission to the commission of 90 classroom hours or six semester hours of other core courses.

Unexpectedly, the coursework for the SAE requirement can be completed before or after the receipt of a license. Timing the submission of evidence of completed coursework to the commission is key. The requirements for renewal hinge upon the number of classroom hours submitted over the minimum needed for an inactive license.

The licensee should tender proof of completion of 30 classroom hours or two semester hours of coursework for every renewal for the initial three years if only the least number of hours was submitted. Subsequently, the MCE requirements should be met.

The SAE requirements have been completed if the applicant tenders at least six classroom hours of core courses over the minimum required for a license. After that, the annual MCE requirement for renewals must be met by the licensee.

The following discusses the process of license renewal when the submitted semester hours of coursework is less than six over the minimum requirements.

The licensee should tender another hour for the first renewal if one excess hour is submitted. After that, two additional hours should be tendered for the second renewal and an additional two hours for the third renewal.

No additional hours are needed for the first renewal if two excess hours are submitted. Nonetheless, one additional hour should be tendered for the second renewal and an additional two hours for the third renewal.

No additional hours are needed for the first renewal if three excess hours are submitted. Nonetheless, one additional hour should be tendered for the second renewal and an additional two hours for the third renewal.

No additional hours are needed for the first or second renewal if four excess hours are submitted. Nonetheless, an additional two hours are needed for the third renewal.

Finally, no additional hours are needed for the first or second renewal if five excess hours are submitted. An additional hour is needed for the third renewal.

The MCE requirements begin automatically when six hours over the required hours for licensing is submitted.

When a course certification or transcript is tendered, all relevant courses are applied by the commission first to the licensing need, then to SAE requirements. The commission cannot be asked to apply to license a particular number of hours and set aside the remaining for renewals throughout the SAE.

Nonetheless, all course certifications and transcripts need not be submitted at once for applicants who garner approved educational credits from various accredited schools or colleges. For instance, the licensing requirements can be satisfied if a transcript has six semester hours of core courses as well as six semester hours of acceptable core or related courses. To complete renewals during the SAE, certificates or transcript from accomplished core course at other schools can be set aside and submitted. Nonetheless, the MCE requirements automatically start when 90 classroom hours or six semester hours are tendered above the first six semester hours for licensing. The postponement of MCE requirement completion is the sole reason for saving coursework.

What takes place after the submission and verification that 18 semester hours of core courses have been accomplished?

The MCE requirements must be satisfied by the licensee once he or she tenders evidence of completion of 18 semester hours of post-secondary education. 14 of the 18 semester hours should be core courses regardless if the completion was done before or after the receipt of the real estate license. For each license renewal, the licensee must complete 15 classroom hours (six should be on particular legal topics). After Sept. 1, 2012, the first renewal required 18 semester hours of course work.

Licensing and Appraisals

What are the rules on the need to have a real estate license to perform appraisals?

A person is entitled to appraise real estate for a fee if he or she has a real estate broker license. Nonetheless, a real estate license is not a license for an appraiser.

Some knowledge of the Chapter 1103 of the Texas Occupations Code or the Texas Appraiser Licensing and Certification act is needed to understand the relationship between a real estate license as well as an appraiser’s license.

In 1989, Title XI, Financial Institutions Reform, Recovery, and Enforcement Act (12 U.S.C.A. Section 3331 et seq.) was passed by the Federal Legislature. As amended, the act necessitates that a state agency-licensed or certified individual should conduct any federally related transaction appraisal valued at over $250,000. The Uniform Standards of Professional Appraisal Practice must be followed for the appraisal.

In 1991, the 72nd Legislature created Texas Appraiser Licensing and Certification Board (TALCB) took over the responsibility for appraising licensing and certification from the commission.

Therefore, an individual should be certified or licensed by the TALCB to do a federally related transaction appraisal—for instance, any real estate related transaction regulated by, engaged in or contracted for the Resolution Trust Corporation or a federal institution regulatory agency, valued at over $250,000. No real estate salesperson or broker license is needed.

An individual who is not certified or licensed by the TALCB may do non-federally related transactions or federally related transactions appraisal of $250,000 or less. A Texas real estate broker license is needed for such. Nonetheless, the following should be indicated verbatim on the report: “THIS IS AN OPINION OF VALUE OR COMPARATIVE MARKET ANALYSIS AND SHOULD NOT BE CONSIDERED AN APPRAISAL. In making any decision that relies upon my work, you should know that I have not followed the guidelines for the development of an appraisal or analysis contained in the Uniform Standards of Professional Appraisal Practice of the Appraisal Foundation.”

Except via the sponsoring broker, a real estate salesperson that is not certified or licensed by the TALCB may not do real property appraisal for a fee. The real estate salesperson may present, sign as well as make appraisals in behalf of the sponsoring broker. However, the appraisal should be tendered in the name of the broker and the broker should take responsibility.

When under contract as a real estate agent for the seller and a licensee tries to purchase a property for himself or herself, special rules are in effect. The licensee should tell the sell his or her opinion about the property’s value.

A salesperson who does an appraisal in behalf of the Veterans Administration should perform the task through the sponsoring broker. An association or trade organization should have a broker license to be able to offer to appraise or do real estate appraisal for compensation.

Lastly, a real estate license is not needed if an employee were to appraise property for the investment firm or financial institution he or she works for provided that the appraisal is reflective of an investment or a loan by the employees.


Frequently Asked Questions

At https://realestatelicenseschool.org/, the staff is committed to helping our students understand not only how our educational programs work, but also the guidelines for starting a new career!

Select any link above to learn more about how our programs work or what is required to launch your new career through a real estate school.


1. Can I apply for a real estate salesperson’s license without a sponsoring broker?
2. How do the state agencies know I have satisfied my license renewal requirement?
3. Do I receive “college credit” hours?
4. What if I have a question or problem during the process of completing a course?
5. How long will I be given to complete my course(s)?
6. What is the difference between this educational program and other programs?
7. What is the difference in “online testing” and “proctored testing”?
8. Can I re-take a test if I fail it?
9. I have completed a course and need my Certificate of Completion ASAP. What can be done?


Can I apply for a real estate salesperson’s license without a sponsoring broker?
YES. You can take the state test without a sponsoring broker but you will need a sponsoring broker before you can activate your license.

 


How do the state agencies know I have satisfied my license renewal requirement?
For 30 or 60-hour real estate or inspection or appraisal students, it is YOUR responsibility to submit proof to the appropriate state agency. MCE (3,6,9 or 15 hours) course completions and irrigation CEU’s will be submitted to the appropriate state agency by the educational provider.

 


Do I receive “college credit” hours?
NO. The hours received for these courses are hours approved through each state agency that governs a particular license and will only satisfy the license requirements set forth by that state agency.

 


What if I have a question or problem during the process of completing a course?
Our Business is YOU, the Student. A Program Co-Ordinator is on staff to answer any question or concern you, the student, may have during the course completion process. Use the toll-free number listed. The answer to your question is just a phone call away.

 


How long will I be given to complete my course(s)?
Students have 180 days from their initial enrollment date to complete courses. For a minimal charge, a student is given one opportunity to re-enroll for an additional 90 days on any “expired” course.

 


What is the difference between this educational program and some other program(s)?
A Great Deal of Difference. This program offers students a “one on one” educational process which means we welcome your phone calls and are available to answer any question you may have. Unlike some programs that are concerned ONLY with the “bottom line”, we are here to educate you. Textbooks (yours to keep) are published and printed by experts in the field, NOT written or printed “in-house” and receive your certificate of completion

 


What is the difference in “online testing” and “proctored testing”?
Students who have enrolled in a course with online testing will receive an email containing their username/password as well as the link to the online testing site. Online testing offers students a more convenient method in completing their quiz and/or final exam. Students can complete their quiz and/or final exam from any computer as long as they have access to the online testing link. In addition, once the final exam has been completed, the results will be provided immediately and the student will have the option of printing their certificate or having it mailed to them. A proctored test is where the final exam is mailed to a third party and the student completes the final exam at the proctor’s location. The main purpose of a proctor is to verify the student’s identity and to monitor the student while they are completing their exam. Proctor qualifications are real estate broker, library, school or notary. When the final exam is completed (in the presence of the proctor) there will be a postage paid pre-addressed envelope for the proctor to mail the exam back to the university. Provided the student successfully passed the final exam with a least a 70%, the University will mail a certificate to the student. Express grading and faxing the certificate is also available.

 


Can I retake a test if I fail it?
Of course, you can. Students are allowed to re-test on currently active courses as many times as necessary to achieve the passing grade of at least 70%.

 


I have completed a course and need my Certificate of Completion ASAP. What can be done?
If you enrolled in a course with online testing you will be given the opportunity to print out the Certificate of Completion. If you enrolled in a course with proctor testing there will be a form you will fill out upon completing your final exam which you can request Express Grading and Faxing of your certificate.

 

How Much Does It Cost to Attend an Online Real Estate School?

The basic requirements to become a real estate agent or a real estate broker requires a high school diploma, completion of a real estate pre-license course and passing an exam for a real estate license.

Also, agents or the salespeople are usually required to get connected with a real estate broker and obtaining a broker’s license requires added training hours and a more exhaustive exam.

Also, one shall become a real estate agent or broker only when he or she is in association with National Association of Realtors and must be adapted to its code of ethics.

In many areas, institutes provide real estate agent and broker courses ranging from $600 to $5000. Along with that certificate courses in real estate, they offer associate’s degree as well.

For example, in Texas, many organizations provide real estate education approved by the Texas Real estate Commission TREC for agents and brokers for about $600 for in-state locals.

Many state-run universities also provide real estate agent and broker training process. Real estate agent pre-license classroom courses are mostly integrated into a general business degree.

Extending real estate licensing courses are also available at a cost of $500 to $2,000 or more. For example, in California UCLA university costs $960 for pre-licensing real estate agent course and $1,440 for broker training real estate course.

There are some For-profit schools who offer broker or agent or salesperson courses ranging from $100 to $1,000 or much more. For example, the Texas Brokers Institute charges $497 for explaining the concept of seven and three-hour classes for the concept of real estate principles.

Not only classroom classes, but there is also an availability of distance education like correspondence or online real estate licensing courses cost vary from $150 to $1,200 or more, depending on concerned state and the chosen real estate course. All the courses come with exam preparation training materials and practice tests. For example, The American School of Real Estate Express offers broker and real estate agent courses for several states in America, ranging from $150 to $650 to $1350.

Along with the above, the real estate student have to check the State licensing fees for the real estate education which may vary according to from state to state, which is about $200 to $300 and it should be renewed for everyone in four years.

In California, for example, the licensing fee is $245 for an agent/salesperson and $300 for a broker, valid for four years.

Considerations When Attending the Real Estate License Exam

Getting into the real estate industry can be fun but the first step is always to register with an approved Texas real estate education provider to begin your pre-license education (classroom or online) so you can then take your exam to get your license.

If your application to become a real estate sales agent is accepted by the real estate commission and you allowed to sit for the exam, you need to schedule your exam with the test provider. Once the exam is scheduled, you need to follow the steps detailed below.

Admission and testing policies

You should arrive at the testing center at least 30 minutes in advance of the exam start time so that there is time to complete any necessary sign-in procedures These include being photographed, having your palms scanned and signing the candidate rules agreement regarding cheating during, or tampering with the exam.

Candidates must show two forms of current signature identification. The primary source must be government-issued and photo bearing with a signature. The secondary source can be a Social Security card, debit, or credit card containing a valid signature.

Applicants will be given an opportunity to take a tutorial on the personal computer on which the exam will be administered.

Items allowed at exam

No personal items are allowed into the test center, they must be stored outside the testing room. The examination provider is not responsible if they are lost or stolen during the exam.

Inadmissible personal items include cell phones, hand-held computers, and personal digital assistants (PDAs) or other similar electronic devices, watches, purses, firearms, hats, coats, bags, notes, pens, and pencils. Likewise, no dictionaries, books, pagers, scratch paper or reference materials are permitted.

However, approved calculators are allowed and recommended. These include hand-held, battery or solar-powered financial calculators. No calculator containing an alpha character will be allowed.

Studying is not allowed in the testing center. Visitors, children, family members, or friends will not be allowed. Eating, drinking, chewing gum, smoking and making noise that disturbs other candidates is strictly prohibited.

Exam structure

The real estate exam consists of two parts, one is national and other is state. The national section contains 80 scored questions of which 10 percent involve mathematical calculations. An additional five questions are included but they are not scored. Candidates have 150 minutes or two-and-a-half hours to complete the exam. They must answer 56 scored questions correctly to pass the exam.

The state portion contains 30 scored questions and five to ten unscored ones. Candidates have 90 minutes to answer 21 scored questions correctly.

All questions are multiple choice and are approved by a panel of Texas real estate experts.

Candidates must take both parts of the exam. If one part is passed, it need not be retaken if the candidate fails the other. Both parts must be passed within one year after the application for the license has been filed with the commission. Candidates are given three opportunities to pass both pats during the one-year period.

After that, an additional 30 classroom hours of qualifying courses must be completed for each failed part of the exam. After completing the additional education courses, the candidate may then apply to retake the exam. Another fee of $54 is required.

Test results

Once the exam is completed and before leaving the test center, candidates receive a score report indicating either pass or fail.

If the applicant fails the exam

Candidates who fail one or both sections may reschedule the exam. A minimum of 24 hours must be allowed between the time the exam is scheduled and taken. A fee of $54 applies for a re-take.

The TX real estate commission allows only three attempts to pass both portions within one year from the time the application for the license is filed. Otherwise, additional coursework is required.

If the applicant passes both parts of the exam

When an applicant passes both parts of the exam and satisfies all the other requirements, such as the determination of moral character and fingerprinting, the commission will send the applicant an inactive real estate license letter to their email address within two business days.

If not all the requirements have been satisfied, the commission will advise the applicant accordingly.

Applying for an active real estate license

After being notified that the person has an inactive sales agent license, the new license holder needs to find a sponsoring real estate broker. Together, they must submit a Sales Agent Sponsorship Form to the commission.

What Are the Qualifying Courses Required to Pass the Real Estate Exam?

It is very important to qualify the courses to get the real estate sales agent license. There are many real estate schools, offering courses to pass the real estate exam. Let us look in detail at the topics that cover five qualifying courses.

Principles of Real Estate I and II (60 classroom hours)

In this subject, we will learn an overview of licensing as a real estate broker or sales agent, ethics of practice of a license holder; titles to and conveyance of real estate, deeds, legal descriptions, liens and encumbrances, distinctions between personal and real property, finance, real estate mathematics and closing procedures.

It is compulsory for three of the classroom hours to be on federal, state, and local laws concerning housing discrimination, community reinvestment, and housing credit discrimination.

Law of Agency (30 classroom hours)

In this subject, we will learn relationships between principal and agent, the fiduciary and other duties of an agent, deceptive trade practice, employment law, listing representation procedures, and the disclosure of agency.

Law of Contracts (30 classroom hours)

In this topic, we will learn the elements of a contract, the statute of frauds, offer and acceptance, remedies for breach including specific performance, commission rules concerning the utilization of adopted forms, owner disclosure requirements and unauthorized practice of law.

Promulgated Contract Forms (30 classroom hours)

In this topic, we will learn the unauthorized practice of law, broker-lawyer committee, and commission rules governing the use of forms, promulgated forms and case studies involving the utilization of forms.

Real Estate Finance (30 classroom hours)

In this topic, we will learn monetary systems, federal government programs, primary and secondary money markets, loan applications, processes and procedures, sources of mortgage loans, closing costs, alternative financial instruments, community reinvestment laws, equal credit opportunity laws and state housing agencies.

Qualifying course details

Important points regarding the qualifying course are as follows:

  1. If the course presentation exceeds 12 classroom hours per calendar day, it will not be accepted.
  2.  If the classroom course is provided by a qualifying education provider, college or university, it must have a final course examination or a final evaluation in any other form.
  3.  The primary techniques, procedures or explanations of the qualifying course used by a particular organization are not a concern.
  4. The commission will not accept the same course title, topic or content if repeated within two years.
  5. Except for distance education qualifying courses, the applicant must present in the classroom for all the hours of credit that are required by the provider or as per the rules of the commission.

There are two ways to qualify for the course: one is a distance education course and the other is classroom courses.

For the distance education course, the completion of a qualifying course cannot be reported immediately. Therefore, the applicant can claim a waiting period based on the number of credit hours.

The time between the registration of the course and the submission of the report to the commission should be twice the number of hours claimed for the qualifying course. The same process will be applicable to the education providers and license holders.

For example, to report credit for a two-hour course, the time between the registration and the filing of the completion report to the commission must be at least four hours.

For a distance education course, the applicant must pass the final examination under controlled conditions where the applicant is identified positively and the test graded by the examiner or instructor.

For classroom courses, the applicant should attend the class and be taught in an area that is suited to instruction, but not in a work area such as in training rooms, assembly halls or conference rooms.

When evaluating real estate courses for the education requirements, the commission may ask the applicant to furnish course outlines, syllabus, and course descriptions to support the credit applications. In addition, the commission may ask for official transcripts to verify the completion of coursework.

 

How to Become a Certified House Inspector

Whatever you buy, getting value for money is usually a matter of the greatest importance. It might not be really a problem when you’ve overpaid for something that is cheap and unimportant. When it comes to purchasing a house, this might be the most responsible deal you have ever done in your life.

Unless you are a professional builder, to assess the real condition of the house you are going to buy may be quite difficult.

Although it might seem to be a good-looking house, at first sight, this, in fact, could simply appear a beautifully disguised ruin.

To make sure that the house is inhabitable and is worth the money to be paid for it, you should hire a competent person to inspect it. There are a lot of different things that require thorough professional examination. That is why when it comes to buying a home, it is strongly recommended to use the service of a certified house inspector.

The inspectors provide their clients with written reports on the houses they have been asked to assess. They usually work for themselves and charge about $250-350 per inspection. It is quite a lucrative profession and demand for such individuals is continuously growing.

So, how to become a certified house inspector and what steps should be taken to achieve such an ambitious goal?

Well, to become the one, you will need to get a special certificate. This certificate can be given after finishing, for example, a Texas real estate pre-licensing school. Its compulsory for an inspector to have it in order to obtain the license to inspect properties. Depending on the state you are gonna work in, you might also be required to reach a particular age and have liability insurance to receive the license.

Home inspector courses may also be found on the Internet. There you will learn basics of interior construction, different property marketing techniques and how to make an inspection report.

You can also contact a local community college and ask whether they have the home inspector courses available. Actually, there are many schools where you can get the certificate. Just call the Examination Board of Home Inspectors and they will provide you with this sort of information.

When finishing the school, you will need to pass the National Home Inspection Examination. Once you’ve passed it, they will give you the certificate, needed to obtain the license.

So, use these tips and become the lucrative career of a certified home inspector.

Things a Person Should Know to Choose a Good Realtor

To become a realtor, a person needs to register an agency and start working in the chosen sphere. It seems that there is nothing too complicated in it. This is, probably, the main reason why there are so many real estate agencies and independent realtors in large and small cities.

Sometimes, independent realtors are also called brokers, but this does not change their tasks. They are intermediaries that help people find what they want regarding the real estate market. As the practice shows,

realtors are as important for the society as teachers, doctors, engineers and other specialists.

This profession also involves a lot of training and special personal qualities. People surely need help when they want to sell or buy a house or an apartment. Who, if not a realtor, will help them to avoid pitfalls of real estate deals and pay a real price?

Only experienced and qualified realtors can analyze the market and help clients to choose a right direction.

As soon as for many people real estate deals are the greatest affairs of their lifetime, they want everything to be done in the best way. That is why they need to know the main features of good realtors that will help them to complete the deal in the best way.

Experienced Trustworthy Professionals

The most important things about any realtor are experience and documents that allow this person to deal with real estate. Such a document can be a New York, New Jersey or Texas exam preparation courses for the real estate license or any other one depending on the locality. This document is a good half of the deal because such realtors can be trusted.

Sometimes people are in two minds about their choice between an agency and an independent realtor. Choosing agencies is always more reliable, especially those that have been around for many years. At the same time, if realtors that work on their own show great databases, it is a good sign of their ability to work effectively.

Such persons usually have to make a lot of efforts to compose such databases and collect the data they need.

Agencies or Independent Agents?

Large real estate agencies have more opportunities to fulfill any wish of their clients, yet, their prices can be higher. Small agencies are moderately priced and are usually more accurate with their tasks.

That is why clients who need all the details to be worked through carefully should better choose smaller agencies. Even the smallest agencies should have at least two lawyers: this will make deals totally safe in the legal sense.

Are You Willing To Take Risks To Develop New Real Estate Properties?

When you are looking for a new career it is a great idea to consider entering the Texas real estate field. You can be a Texas real estate agent when you become licensed, so in order to do that you will need to find the place to accomplish that at.

When you want to get your Texas real estate license you can do so from an online school which will be very convenient for you. You can get your Texas real estate license from this online school and work it in around your schedule.

With this people a plus, many people are getting their real estate licenses online. It makes sense when people are so busy with all their other commitments to be able to schedule the time when it works for them.

You can actually receive your Texas real estate license online. Military personnel and the spouses of military personnel are encouraged and in some case given discounts during the process of getting their Texas real estate license.

Some of these online real estate schools will help you with remedial math courses if necessary as well. This sort of thing is important in case you really want to be able to figure out those real estate commissions extremely quickly. It is especially a positive thing if you are able to sell or consult about homes in the Houston TX area.

Houston happens to be one of the fastest growing cities within the state of Texas, so it would be helpful if they have a lot of real estate professionals available in order to show homes to all of these new business people and executives moving into town. The current Mayor of Houston Bill White has some background experience within the real estate sector and would certainly encourage other Texans to look into the profession.

Also, for those considering a Texas real estate license as a way of making some extra money to supplement another income, this might be a great idea. The State of Texas has a real estate market that is continuing to grow in some areas while other states are experiencing the results of the recession or depression that is currently sweeping the country. The State of Texas has real estate licensing rules that are pickier than many other states.

Because of this, it is advised that all real estate trainings are taken from a State approved provider so that money is not wasted on trainings that do not meet Texas standards. The Texas Real Estate Commission has the option of refusing licenses to people that do not have trainings that meet their high-level of standards.

People that are looking for ways of making a second income do not have money to waste. In this situation, the best savings on classes are gleaned for the schools that are on the State approved list and not from out-of-area schools.

The Texas real estate market it just an internet visit away for you. Now you can get your Texas real estate license online in a short time. Here is a site that you should visit. It is
https://www.realestatelicenseschool.org and you can get your real estate license online from the comfort of your own home. You will be able to make your own hours when you want to get your real estate license online. Make sure that you go to the

site and begin as soon as you can. Once you get your Texas real estate license you will be able to go out and work in the field. See all the wonderful people you will meet when you are helping them to find the ideal home. It will be interesting and exciting work for you.

Make sure that you get out there and get the Texas real estate license and then begin making money as soon as you can.

There is plenty of great work in the field and it is waiting there for you to get your Texas real estate license. Start as soon as you can and you will be well on your way to an exciting career.

Could Selling Real Estate in Texas Become Your Next Career Choice?

When it comes to understanding the current real estate market, many people would think that it is difficult. About the real estate market, it is constantly shifting with the sales and additions of homes on the market.

Because of the frequent movement on the real estate market, many people became interested in sales and this what keeps them coming back again and again.

Once a homeowner and a new real estate agent got the comprehension of how to operate with real estate the possibilities of sales, renovations, and purchases will seem endless and simple.

You do have to find a Texas real estate school to get your real estate license. The best way to learn this is to take some actions. You need to get out in the field and start doing some real estate marketing, talking to people, looking at properties, and making offers.

You will make some mistakes, but as you work the business more and more, your learning curve will become smaller and smaller.

Remember, you will never learn everything. The key is to gain enough knowledge and learn from the mistakes. This will lead you to become a successful real estate investor.

Real estate license can jump-start your career

The challenge of getting a real estate license in Texas is hardly worth mentioning compared to the possible rewards of being successful in real estate. While it is true that there is a lot of information to learn, and many hours of material to study, the possibilities that are opened up in a real estate career are incredible!

Many students take their classes through a home study real estate school, or via an online real estate school.

This is fantastic – not only does the student save gas money and time that would be spent commuting back and forth to a classroom, but they can also study and learn in the environment that is most comfortable and effective for them.

When an aspiring real estate salesperson works through the various classes and courses required to receive their license for selling property in Texas, a tremendous sense of accomplishment and fulfillment is reached, and they can begin their career with confidence and excitement.

Having a job in the real estate can be a 24 hours a day and 7 days a week if you allow it to be. Imagine phone calls in the evenings, on the weekends or during church. It is up to the agent on how he or she runs the business. Do you think he or she needs the structure of working between the hours of nine to five Monday through Friday?

A real estate career can be established that way, but the agent may lose the business of those who need night and weekend attention. Again, there are options here.

But before you can enter into this kind of a career, you need to take a real estate license course. Then in order for you to practice as a real estate agent or broker, you need to take a real estate license, this is required in every estate.

To be able to get a license, the persons age must be considered, he or she must be 18 years old or older. He or she should be a high school graduate or have a General Education Development (GED) and passed a written licensing test. In other states, they require schooling or college coursework.

You can now save some of your valuable time and complete an entire course from your home or office instead of sitting in a classroom for countless hours.

Check out home inspection training courses and irrigation home study course or visit the website www.realestatelicenseschool.org for more information.

Just How Difficult Is It to Sell a Property in the Current Texas Market?

If you have got a house in Texas and want to sell it, you need to know a few things to have it done successfully.

The point is that there are a couple of important factors, which will unavoidably play a big role in the process of selling your property.

So, what should one know and what steps should be taken to have a house sold successfully?

First of all, you have to make sure that your house looks good. If there is anything that needs repairing, then fix it. Check the outside walls if the plaster is ok there. If you find any holes or cracks in the wall surface, then fill them.

Check the condition of woodwork inside and outside the house. Try your best to improve the home. It is also important that the windows and curtains are clean. If you can, of course, repaint the rooms. It will make the air in the house fresher. Only when you have done that, call an appraiser and potential buyers.

When you sell your house in Texas, it is important that you find a professional realtor. In addition to that, such a specialist has to have a special license which allows them to process property transactions. So, you will need to ask your agent, whether they have a Texas real estate license.

Usually, a house selling process in Texas is quite complicated and requires being competent in real estate. You will need also to produce the Sellers Disclosure of Property Condition Notice. This document is to show the condition of the house, what defects it has, what maintenance work has been recently done, etc.

When you hire a certified estate agent in Texas, they usually do everything for you. Since you have entrusted them your house, you have nothing to be worried about.

They speak to the potential buyers, show them your property and arrange the necessary paperwork. When you have decided on the price of your property, the realtor puts it on the market.

If the potential buyers send you their offers, it is entirely up to you what to do. If you don’t like any of them, you can send them a counter-offer.

Bear in mind that as the owner of the house you are responsible for covering any unpaid property taxes, one-third of the appraisal cost, agent commission and a title transfer expenses In Texas, you will not be able to back out of the selling contract once you have signed it.

So use these tips, and make your house fetch a lot of money.

Many people are sure that realtors only sell information about the real estate. Yet, this point of view is not correct: duties of a real estate agent involve choosing homes that will be interesting for a client, checking documents and even a legal support of the deal.

In the very beginning of a deal, realtors are those persons who find out clients’ demands, specify details and then build up a strategy of business relations. With the help of computer databases and their own means, realtors pick out suitable premises, arranges meetings and showing, studies documents that relate to the object.

Then, there are negotiations on the deal: the price, terms, expenses, etc. The last stage of the process is checking the legal purity of the home, preparation of documents and working with notaries.

It is clear that without certain skills, all these tasks are impossible. That is why realtors usually pas a very serious training in special institutions like a Michigan, Ohio or Texas real estate school or many others.