Texas Real Estate Correspondence Courses -Course Descriptions
COURSE DESCRIPTION
The 7 Course Package is designed for students preparing for the Salespersons State Exam and the future years of their career. This package includes the primary required courses (Principles, Law of Contracts and Law of Agency) and also includes three electives. One of these electives must be taken before applying for the state exam to satisfy the initial elective credit requirement of 30 hours. The remaining two elective courses qualify for Sales Persons Annual Education credit for the first year of your career.
Courses included in package:
- Real Estate Principles I (30hours) TREC 0111
- Real Estate Principles II (30 hours) TREC 0112
- Law of Contracts (30 hours) TREC 1200
- Law of Agency (30 hours) TREC 1111
- Finance One (30 hours) TREC 0411
- Marketing: Building a Real Estate Practice (30 hours) TREC 0511
- Marketing II Negotiations Techniques (30 hours) TREC 0512
- Free - Texas Salesperson Exam Prep
- Free - National Salesperson Exam Prep
This complete Pre-Licensing package includes all necessary courses to qualify to take the Real Estate Salesperson state exam. The included courses in this course package.
- Real Estate Principles I & II (60hours) TREC 0111 & 0112
- Law of Contracts (30 hours) TREC 1200
- Law of Agency (30 hours) TREC 1111
- Marketing II Negotiations Techniques TREC 0512
- Free - Texas Salesperson Exam Prep
- Free - National Salesperson Exam Prep
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 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.
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.
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
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.
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.
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.
About The Subject Matter Expert
This course is created and brought to you by 360Training, a leading provider of accredited e-learning courses to working professionals through today's leading schools, associations and corporations. 360Training's high quality e-learning courses assist thousands of working professionals each month in a wide range of disciplines to succeed in today's marketplace, renew licenses, acquire certification or prepare for a new profession.
Support
If you have any questions please call 877.230.9485
Related Courses
There are quite a few courses listed below that qualify to meet the additional 60 hours acceptable to the Commission. Be sure to have the Commission evaluate your transcript to confirm.
(And remember, you can start with our 150 hr package and upgrade ;later if necessary)
REAL ESTATE
Law, Finance, Contracts as long as they have a real estate concentration
Real Estate trade association courses
Farm and Ranch Properties
Real Estate Trends and Problems
Syndication
Title and Closings
Construction
Ethics
Surveying
Taxation
Exchange Techniques
ACCOUNTING
Principles
Bookkeeping
Cost
Income Tax
Intermediate
Managerial
Pharmacy/Drugstore
Secretarial
ADVERTISING
Principles
Advertising Art
Public Relations
AGRICULTURE
Agricultural Economics
Agricultural Finance
Agricultural Law
Agricultural Marketing
Farm and Ranch Mgt.
Land Economics
Range Management
ARCHITECTURE
Architectural Drafting
Basic Design
City Planning
BANKING
Principles
Loan Processing
BUSINESS, GENERAL
Introduction to Business
Business Enterprises
Business Machines
Business Policy
Business Principles
Shorthand
Typing
CIVIL ENGINEERING
Mechanics of Materials
Reinforced Concrete
Strength of Materials
Surveying
COMPUTER
Introduction to Data Processing
Introduction to Micro Processing
Programming
CONSTRUCTION
Architectural Drawing
Basic Design
Blueprint Reading
Building
Cabinet Making
City Planning
Cost Estimating
Circuits
Electricity
Environmental Design
Framing
Interior Decorating
Landscape
Mechanics of Materials
Reinforced Concrete
Reinforced Steel
Roofing
Strength of Materials
Structures
Surveying
Welding
Wiring
ECONOMICS
Principles
Agricultural
Consumer
Economic History
Economic Policy
Land Economics
Macro Economics
Micro Economics
Money and Banking
EDUCATION
Counseling Theory and Administration
School Administration
School Finance
School Law
School Plant
Test and Measurements
ENGLISH
Business
Business Writing
Composition
Discourse and Literature
Grammar
Reading and Writing
Thinking and Writing
FINANCE
Agricultural
Business
Corporation
Entrepreneurship
Family Financial Problems
Financial Institutions
Money and Banking
Mortgage Lending
Personal
School
GEOGRAPHY/GEOLOGY
Cultural
Economic
Geology
Urban
GOVERNMENT/POLITICAL SCIENCE
Political Systems
International Relations
Local
State
National
HISTORY
American
Texas
HOME ECONOMICS
Home Management
Household Equipment
Interior Decorating
INSURANCE
Property and Casualty
INVESTMENTS
Principles
Investment Analysis
JOURNALISM
Basic Editing
Basic Reporting
Copy Editing
LAW
Agency
Agricultural
Business
Commercial
Contracts
Institutions and Management
Law and Society
Legal Environment
Oil and Gas
Pharmacy
Property
School
MANAGEMENT
Principles
Business Organization
Farm and Ranch
Office
Marketing
Personnel
Public Administration
Range
Occupational Administration
Bank Administration
Fire Administration
Hospital Administration
Police Administration
School Administration
MARKETING
Principles
Agricultural Marketing
Marketing Management
Retail Marketing
Salesmanship
MATHEMATICS
Algebra
Business Calculus
Business Math
Calculus
Financial Math
Geometry
Statistics
Trigonometry
PETROLEUM AND MANAGEMENT
Land Leasing Royalties
Oil and Gas Law
PHILOSOPHY
Ethics
Logic
PSYCHOLOGY
Introduction/General
Applied Psychology
Business Psychology
Counseling Theory & Administration
Educational Psychology
Human Growth and Development
Human Relations
Managerial Psychology
Social Psychology
Tests and Measurements
SCIENCE
Environmental & Population Biology
Physics
Science and the Environment
Thermodynamics
SOCIOLOGY/ANTHROPOLOGY
Introduction
Cultural Anthropology
The Family
Marriage and Family Adjustments
Rural Sociology
Social Problems
Urban Sociology
SPEECH
Fundamentals
Business Communications
Business and Professional
Mass Communications
Public Speaking
--------------------------------------------------------------------------------
Cities served:
Texas Real Estate Correspondence Courses, Texas Real Estate Home Study Courses, Texas Real Estate Online Courses
PDF 210 Hr Package w/Free Exam Prep Package 210 Hrs
PDF 150 Hr Package w/Free Exam Prep Package 150 Hrs
60 Hour Texas Pre-license Add-On - e-Book PL Pack 60 Hrs
Principles of Real Estate I - PDF version 30 Hrs
e-Book - Law of Agency (1111) e-Book 30 Hrs
e-Book - Law of Contracts (1200) e-Book 30 Hrs
e-Book - Principles of Real Estate I and II e-Book 60 Hrs
Marketing I: Building a Real Estate Practice (0511) - e-Book
Marketing II: Negotiation Techniques (0512) - e-Book
Real Estate Finance I (TREC 0411) - e-Book 30 Hrs
Real Estate Law TREC (0311) - PDF Format 30 Hrs
BOOK 210 Hr Package w/Free Exam Prep Package 210 Hrs
BOOK 150 Hr Package w/Free Exam Prep Package 150 Hrs
60 Hour Texas Pre-license Add-On Package - Book Format PL Pack 60 Hrs
(0111) Principles of Real Estate I - Book format 30 Hrs
Book Format: Law of Agency (1111) 30 Hrs
Book Format: Law of Contracts (1200) 30 Hrs
Book Order: Principles of Real Estate I and II 60 Hrs
Marketing I: Building a Real Estate Practice (0511) - Book Format
Marketing II: Negotiation Techniques (0512) - Book Format
Principles of Real Estate II: TREC 0112 - Textbook 30 Hrs
Property Management: TREC 0811 - Textbook
Real Estate Finance I (TREC 0411) - Book Format
Real Estate Finance II: TREC 0412 - Textbook
Questions about 150 hr and 210 hr course packages call:
877-230-9485
Very Important!
Fingerprint Requirements for Brokers and Salespersons applying or renewing on or after January 1, 2008
Evaluation of Education Documents
Evidence of successful completion shall be presented via credit transcript or certificate prior to filing an Application for Inactive Salesperson License form. DO NOT submit original transcripts and/or course completion certificates. Keep the originals for your personal files and send photocopies to the Commission. See the next requirement below for evaluation of education documents.
To obtain an evaluation of your education documents submit the form, Request for Evaluation of Education Documents.
A fee of $30.00 is required for the evaluation of education documents for the purpose of determining if education requirements have been satisfied. This fee is good for one year.
After you have met the education requirements you will receive an evaluation letter from the Commission attesting to satisfaction of all education requirements. The evaluation of education documents must be performed before the application can be filed. Please allow at least ten (10) business days for processing.
Texas Real Estate Correspondence Courses
Texas Real Estate Home Study Courses
Texas Real Estate Online Courses
real estate in texas
NOV. 14, 2008
How big is Texas real estate?
By David S. Jones
Texas’ size is the stuff of legend. The Internet Movie Database catalogs more than 2,100 films under the keyword “Texas.” Among them is the 1956 classic starring Elizabeth Taylor, Rock Hudson, and James Dean. The title says it all. Giant.
Indeed, Texas is big. So is the real estate business here. Getting a grip on just how big falls to Ali Anari, Ph.D., research economist for the Real Estate Center at Texas A&M University. Anari studies the real estate industry’s role in the state’s economy. His latest findings are compiled in the Texas Real Estate Industry Review, 2008.
Real estate is the third most important Texas private industry, says Anari. His report shows just how important real estate is to the Lone Star State.
There is nearly $63,200 worth of real estate for every Texan. In 2007, that was a staggering $1.5 billion. Single-family residences alone accounted for $847.2 billion or 56% of the state’s real estate wealth. Multifamily housing added another $77 billion, a little more than 5%.
Nearly 7.5% of all housing units in the United States are in Texas. And nearly 13% of all building permits issued last year were in … you guessed it … Texas.
The real estate industry accounted for 7.8% of Texas’ total gross domestic product (GDP) in 2006, ranking behind manufacturing (13.4%) and mining (9.8%).
People with lower incomes find Texas homes more affordable than elsewhere in the United States as a whole. The percentage of houses owned by those with an annual income of less than $25,000 was higher in Texas last year than for the nation.
Here are some more highlights from the 2008 report.
Every $1 million of revenue in the Texas real estate industry generates just over half a million dollars of revenue in other parts of the state economy.
Every $1 million of revenue in the Texas real estate industry generates 5.16 jobs in the state real estate industry and five jobs in other industries.
$1 million of sales tax in the state’s real estate industry leads to a total of $1.26 million of sales tax in the Texas economy.
The real estate industry has the largest proportion of self-employed persons of all industries.
Nearly 552,000 people, including self-employed individuals, were working in the Texas real estate industry in 2007, representing 3.9% of statewide employment. If you include those working in rental and leasing, the number jumps to more than 635,000 or 4.5% of the total.
Texas commercial real estate was valued at more than $251 billion in 2007. Texas industrial real estate was valued at more than $85 billion.
The state’s real estate industry paid 18.7% of total Texas business taxes in 2007.
Real estate owners paid an estimated $24 billion in school taxes in 2007.
And if you still don’t believe Texas has room to grow, consider this. Last year Texas still had $37.8 billion in vacant lots and $70.4 billion in rural land.
So if you don’t have your $63,200 worth of Texas real estate, chances are there’s a real estate professional nearby who’ll be glad to help. According to the Real Estate Center, as of September there were 123,857 active Texas real estate licensees. Of those, about 90,000 are Texas REALTORS®, members of the Texas Association of REALTORS®.
INVESTING IN TEXAS REAL ESTATE
JunE 22, 2009
Converting your home to a rental? The rules have changed
By TOM KELLY, INVESTMENT columnist
This year, many Texas families have put major purchases and cash outlays on hold, waiting for more positive economic signs – or at least an upward, consistent move in the stock market – to make big-ticket decisions. Real estate investments still make sense, although some of the rules have changed.
A friend of mine, whose two daughters are grown and gone, would like to remodel a home in the neighborhood, sell his present residence, and then move in to the remodel. He’s uncomfortable investing a ton of dollars on the remodel that he may need for day-to-day expenses, and he’s afraid there’s already too much inventory now on the market to list his home for sale.
“The remodel may be closer,” he confides. “There are a lot of people out there now willing to work for a lot less than they were two years ago. If the drop in labor costs reaches a point that it equals what some of my investments have lost, it’s close to a wash. I might as well do it.”
Borrowers who currently own their home typically have three options when they decide to purchase a new principal residence. They can sell the current residence and pay off the outstanding mortgage, make the property into a second home, or convert the property to an investment property. In the past two years, more people have been unable to sell and have been forced to consider the two other options.
However, unless you have a lot of cash, those two options are not as easy to execute as they once were. To ensure that borrowers have sufficient equity and/or reserves to support both the existing financing and the new mortgage being originated, Fannie Mae is updating the policies for qualifying borrowers purchasing a new principal residence and converting their existing principal residence to a second home or investment property.
Perhaps the most stringent new rule requires borrowers to have a reserve amount set aside equal to six months of principal, interest, taxes, and insurance (PITI) payments on both homes when converting the primary residence to a rental or a second home. Previous guidelines did not include reserves on both homes.
Lenders do have some leeway in the case of a second-home conversion. Lenders may consider reducing reserves of no fewer than two months for both properties if there is documented equity of at least 30% in the existing property. The value can be derived from an appraisal, automated valuation model (AVM), or broker price opinion (BPO), minus outstanding liens. The previous guidelines did not include a required equity percentage.
If the owner wishes to convert the primary residence to a second home, the current and the proposed mortgage payments must be used to qualify the borrower for the new transaction.
If the current residence is converted to an investment property, Fannie Mae will continue to permit up to 75% of the rental income to be used to offset the mortgage payment. Again, the new twist is the needed documented equity of at least 30% in the existing property. The rental income must be documented with a copy of the fully executed lease agreement, and the receipt of a security deposit from the tenant and deposit into the borrower’s account. If the 30% equity in the property cannot be documented, rental income may not be used to offset the mortgage payment.
If the current principal residence is a pending sale, but the transaction will not be closed (with title transfer to a new owner) prior to the new transaction, both the current and the proposed mortgage payments must be used to qualify the borrower for the new transaction. This sometimes happens unexpectedly when an escrow is delayed or when an employee is transferred to a new location and buys a new home before the previous home sells.
Who can afford to pay cash for an additional home without first selling their primary residence? Surprisingly, more than four out of 10 investment buyers and more than three in 10 vacation-home buyers paid cash for their properties; with large percentages indicating that portfolio diversification was a factor in their purchase decision, according to recent study by the National Association of REALTORS®.
All cash for real estate? I guess this is finally proof that somebody thinks it’s a good idea.
$648.00
.$448.00
$200.00
$150.00
$150.00
$150.00
$300.00
$128.00
$128.00
$128.00
$128.00
$649.00
$449.00
$200.00
$150.00
$150.00
$150.00
$300.00
$128.00
$128.00
$128.00
$128.00
$128.00
$128.00
NOTE: Courses not listed may be submitted for review, and should include their official catalog descriptions, clipped or reproduced directly from the college catalog.
Texas Real Estate Correspondence Courses, Texas Real Estate Home Study Courses, Texas Real Estate Online Courses
What is an e-Book or PDF Format?
An e-Book course allows you to download the materials in Adobe's PDF format.Read the books from your screen. Once downloaded, the materials can be read at your own pace without the use of an internet connection.
- Searchable keyword feature for quick reference during tests!
- You read each section of the course and then log in to take a quiz on that section.
- Complete your courses at your own pace. You have up to 180 days to complete the entire course
- Online final exam
- Completion certificates can be printed after completing the course and final exam.
What is Book Format?
Book Correspondence: This is traditional home study with books mailed to you.
These courses are provided through and in conjunction with Lamar University. -TREC Provider #205
All Correspondence Courses allow you to review the lessons at your own pace, and then take your quizzes and final online. Students can print their certificates upon successful Course completion.
Our Courses Are Approved for MCE Credit, SAE Credit, CPA Credit, and Loan Officer C.E.
There are a number of reasons why online courses can be the best option for getting your Texas real estate training. After all, not everyone has the time or resources to attend out-of-town classes. Whether you’re planning to take pre-license courses to help you better understand how the real estate industry works or looking to renew your license with continuing education
