Texas Real Estate License Courses
Texas Real Estate Sales License
5 Course Package with *Free* Exam Prep - Online
7 Course Package with *Free* Exam Prep Package -Online
60 Hour Texas Pre-license Add-On
Salesperson Exam Prep Package Exam Prep
Texas Real Estate License Courses - Package Contents
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 (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
- Marketing: Building a Real Estate Practice (30 hours) - TREC 0511
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 I: Building a Successful Real Estate Practice (30 hours) TREC 0511
- Marketing II: Negotiating Techniques (30 hours)
- Real Estate Finance (30 hours)
- National Salesperson Exam Prep
- Texas Salesperson Exam Prep
60 Hour Texas Pre-license Add-On -PL Pack 60 Hour
The 2 Course Add-On Package is designed for students preparing for the Salespersons State Exam and the future years of their career. This package includes two electives. These electives must be taken before applying for the state exam to satisfy the initial elective credit requirement of 60 hours for students without college credit.
Courses included in package:
- Finance One (30 hours) TREC 0411
- Marketing II Negotiations Techniques (30 hours) TREC 0512
Texas Real Estate Sales License - All Courses and Descriptions
Principles of Real Estate I (0111)I 30 Hours
Texas Principles of Real Estate I is a 30-hour course required by the Texas Real Estate Commission (TREC) for anyone who wishes to become a licensed real estate agent in Texas. The course provides a general overview of real estate principles; this course covers half of the material, and Texas Principles of Real Estate II covers the second half.
As students work through Real Estate Principles I and II, they will gain the practical knowledge they need to become effective real estate salespersons. After completing these courses, students will have a vast real estate vocabulary, will know how to conduct real estate transactions from beginning to end, will understand the benefits and risks associated with real estate transactions and will be equipped with a strong knowledge of real estate that will help them to effectively advise clients. Working in real estate can be highly rewarding, and students will learn in this course how to get the most out of their real estate careers.
Finance I (0411)
Finance One is a 30-hour course that meets the elective prelicense requirement or SAE requirement by the Texas Real Estate Commission (TREC) for anyone who wishes to become or maintain a license in Texas. 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.
Law of Agency (1111) 30 Hours
Texas Law of Agency is a 30-hour course required by the Texas Real Estate Commission (TREC) for anyone who wishes to become a licensed real estate agent in Texas. This course discusses the rules and regulations governing real estate agency relationships in the state of Texas.
LEARNING OBJECTIVES:
- Define the role of the agency in real estate practice
- Describe the various types of agencies
- Identify the role of the parties in an agency relationship
- Determine the agent's responsibilities and liabilities in a real estate
- transaction
- Describe the methods of establishing agency relationships
- Describe the Amendments to the Texas Real Estate License Act by Senate Bill No. 489
- List the different types of disclosures of representation
- List different kinds of listing contracts and buyer broker agreements
- Describe Employment Law and its various nuances
- Describe the Texas Deceptive Trade Practices Act
- List what steps agents can take to protect themselves against liability
Law of Contracts (1200) 30 Hours
Texas Law of Contracts is a 30-hour course required by the Texas Real Estate Commission (TREC) for anyone who wishes to become a licensed real estate agent in Texas. This course covers broad issues on real estate purchase contracts, standards, regulations, forms and various other elements of a contract. Further, it puts more emphasis on how to fill out the forms and what the licensee’s responsibilities are. Finally, this course will cover the issues related to disclosures and regulations and what a licensee does in various real world situations.
Please note: This course contains a number of forms and contracts. In order to view these forms, you will need to have Adobe Acrobat Reader. It is recommended that, when you view the forms, you print them as well, so that you may use them as a reference throughout the course.
LEARNING OBJECTIVES:
- Describe the relationship between the listing agent and broker
- Describe the relationship between the selling agent and broker
- Identify the elements of a contract and its addenda, when used
- Identify which form(s) are appropriate to define the agreement of the parties
- Describe how to qualify the buyer for conventional, FHA and VA financing
- Estimate the monthly mortgage payment and the estimated closing costs for the buyer
- Present and negotiate single or multiple offers
- Write offers for conventional, FHA, VA and assumption transactions
It takes many years in the industry before a real estate professional will feel confident enough to venture out on his or her own. A broker usually makes this decision because he or she desires flexibility and control over his or her future; therefore, owning his or her own business will allow the broker to pursue endeavors he or she feels passionately about. However, before a broker starts a real estate brokerage firm, he or she should understand the responsibilities associated with such a decision.
This module will introduce the student to the responsibilities and risks of running a real estate brokerage firm. Once a broker decides that he or she wants to start a brokerage firm, he or she must make important decisions regarding the organizational structure and funding of the business. The business owner must also develop a mission statement, business plan and marketing plan; these plans allow the broker to seek funding and prepare for the future of his or her company. The business plan and marketing plan allow the broker to determine what his or her company goals are and establish strategies in order to achieve them.
Throughout this module, the student will learn how to achieve the goals and plans set forth in the business plan. The student will also become familiar with the different factors that influence a business’s success, such as market presence, finances, communication, prospecting and management. Once the student has learned and mastered the lessons presented in this module, he or she should have a firm grasp of the basic components of starting a business.
LEARNING OBJECTIVES:
- Identify motivated buying and selling clients
- Describe the attributes of qualified and non-qualified products and how they can be of benefit to the sales process
- Gather and organize all information needed to make an accurate market analysis of a property
- Evaluate the ability of a prospect to buy real estate
- Discuss how the real estate professional can help their clients with the buying and selling of property on a tax favorable basis
- Discuss how real estate professionals can create a long standing and profitable relationship with their clients
- List the penalties for non-compliance with fair housing laws
- Describe the HUD advertising guidelines
- Define acceptable and unacceptable words and phrases to use in advertisements
- Identify important steps for a new sales person
- Discuss the importance of setting goals
- Use verbal and non-verbal effectively
- Discuss the dynamics of the salesperson and client relationship
- List the techniques used to market a property effectively
- Use effective sales strategies
- Identify recent laws that have an impact on environmental problems, including lead disclosure laws
- Identify required conduct of Real Estate Professionals as outlined in the National Association of REALTORS® Code of Ethics
NOTE: This course is Correspondence course. The course material is delivered online in the form of a PDF document. If you are unable to open the document, you may need to install the latest version of Adobe Acrobat Reader. See the Help page on the Virtual University for instructions on installation. If you have any problems with installation please call Technical Support.
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.
Principles of Real Estate II - TREC 0112 30 Hours
Texas Principles of Real Estate II is a 30-hour course required by the Texas Real Estate Commission (TREC) for anyone who wishes to become a licensed real estate agent in Texas. The course provides a general overview of real estate principles. We recommend that students complete Real Estate Principles I before taking this course, which covers the second half of the material.
As students work through Real Estate Principles II, they will gain the practical knowledge they need to become effective real estate salespersons. After completing this course, students will have a vast real estate vocabulary, will know how to conduct real estate transactions from beginning to end, will understand the benefits and risks associated with real estate transactions and will be equipped with a strong knowledge of real estate that will help them to effectively advise clients. Working in real estate can be highly rewarding, and students will learn in this course how to get the most out of their real estate careers.
LEARNING OBJECTIVES:
- Describe the process of recording
- List the different types of public records
- Describe the methods of property conveyance
- Identify evidence of titles
- Explain title insurance and coverage
- List the different types of property ownership
- Differentiate between the various types of deeds
- Define a deed
- Describe the difference between a title and a deed
- Discuss the different types of deeds and their uses
- Discuss the role of a real estate professional and the role of a licensed attorney
- Explain state laws pertaining to title conveyance
- Define the terms lien and tax lien and explain their operation
- Discuss the different types of liens and how their priority is established
- Identify and describe the types of non-tax liens
- Describe how homeowners and investors can save on federal income taxes and capital gains taxes through the use of tax shelters
- List and describe the different types of foreclosures
- Discuss alternatives to foreclosure and common scams related to foreclosure
- Define the legal aspects of the agency relationship and other matters created by listing agreements
- Identify various types of listing agreements and the differences they make in creating business relations
- Describe the listing process and the marketing strategies needed to obtain listings
- Define Competitive Market Analysis (CMA)
- List the basic content and form of a listing agreement
- Identify the other forms typically executed along with a listing agreement, including forms required by federal law and others required by most states
- Describe the marketing strategies needed to obtain a buyer (the “goal” of listing a property for sale) while maintaining customer loyalty
- Describe the buyer’s and seller’s primary concerns throughout the closing process
- Describe what the buyer and seller must do to prepare for the date of closing
- List the documents required of the buyer and seller to close the transaction
- Describe the licensee’s responsibility with the IRS Form 1099-S and the Notice to the Homebuyer form
- Define the different types of closings
- Describe the licensee’s role in the closing process
- Describe the requirements and regulations of RESPA
- Identify which party is responsible for each expense in the closing transaction
- Define credit and debit
- Calculate prorations of prepaid items and accrued expenses
- Describe the fundamentals and terminology of real estate valuation and appraisal
- Read an appraisal report
- Explain the principals of value used in real estate appraisal
- Identify the characteristics of a qualified appraiser
- Describe the difference between appraisal licensure and certification
- Describe the three approaches to value
- Describe the basic concepts of real estate financing and the key terms involved
- Describe how to qualify a buyer for the most common types of loans
- Describe the use and function of escrow accounts
- Define a Mortgage Insurance Premium
- Discuss the underwriting guidelines and process
- List the three most common types of loans: Conventional, FHA and VA
- List the advantages and disadvantages of conventional loans
- Use conventional qualifying ratios
- List the advantages and disadvantages of FHA loans
- Discuss the differing FHA qualification ratios
- List the advantages and disadvantages of VA loans
- Identify VA eligibility and qualification periods
- Calculate the amount of VA entitlement used
- Calculate VA loan amounts and required down payments
- Describe the process and qualifications for assuming VA and FHA loans
- Identify other types of loans available
- Describe how to underwrite and close loans
- List the key terms used in real estate math problems
- Use fractions, decimals and percentages properly to calculate real estate math problems
- Translate fractions into decimal and percentage form
- Determine the area and volume of a given object or parcel
- Explain the principles involved in rate calculations
- Explain the concept of amortization
- Apply the principles of prorating
- Define interest rates and loan discount rates
- Use equations properly to calculate interest costs
- Describe what a lease is and who the signatories on a lease contract are
- Explain the characteristics that make a lease legally enforceable
- Identify and explain the terms and elements of a lease agreement
- Differentiate between the different types of tenancy agreements
- Calculate lease amounts for gross, net and percentage leases
- Discuss the importance and validity of the Federal Fair Housing Act
- Explain the key characteristics of the Uniform Residential Landlord Tenant Act of 1972
- Differentiate between commercial and residential leasing
- Identify the various ways in which a lease agreement may be terminated
- Describe causes of termination
- Describe eviction procedures
- Describe the various kinds of property management
- List the day-to-day tasks of the property manager
- Describe effective ways to interact with tenants and potential tenants
- List the types of leases and leasing procedures
- List the attributes of qualified and non-qualified products and how they can be of benefit to the sales process
- Identify the restrictive rulings of the 1031 exchange program
- List charitable strategies of creating income and tax relief for individuals or families owning highly-appreciated real estate
- Describe Charitable Gift Annuities, and the annuity payments, income benefits and tax advantages associated with them.
- Identify parameters that the IRS uses to define a valid like kind exchange
Property Management: TREC 0811 - Textbook
A study of the field of real estate with an emphasis on property management, leases and the necessary disclosures, contacts, and establishing a client base and general real estate practices for owners and managers of residential and commercial income properties. Meets California real estate license requirements for salesperson and broker
Real Estate Law TREC (0311) - PDF Format 30 Hours
Welcome to the Texas Pre-License Real Estate Law Course. This course will cover the key laws and legal concepts that apply to the field of real estate, including contracts, deeds, fair housing, foreclosures, land titles and records, leases, and real property rights and land use. Additionally, the course will cover the Real Estate Settlement and Procedures Act, a federal law that regulates the closing and settlement of real estate sales, and various Texas statutes and laws that affect real estate practice, including Texas constitutional and statutory homestead protections, the Texas Deceptive Trade Practices Act, and the Texas statute that provides remedies for fraud in real estate and stock transactions.
Topics to be Included in Course:
A. Legal Concepts of Real Estate
B. Land Description
C .Real Property Rights and Estates in Land
D. Contracts
E. Conveyance
F. Encumbrance
G. Foreclosures
H. Recording Procedures
I. Evidence of Titles
Not sure if you have qualifying college credit but want to get started NOW?
- Start with the 150 hour package then *
- Use our 60 Hour Texas Pre-license Add-On Package - Online PDF or Book Format after you submit your transcript to TREC and determine that you need the additional 60 hrs
* also breaks up your payments!
These courses are provided through, and in conjunction with, Lamar University. TREC Provider #205
Please Note: All PDF and Book formats have online quizzes/final exam that are available at your own pace.
NEW !TREC NEWS
TREC's new online licensee service
TREC Online Services Up and Running -
TREC has added a new system designed to have licensees do more online. If you are a current licensee with TREC you need to set up your account. People who want to apply for a license can do so at TREC's site
People who want to apply for a license can do so at this site. On the TREC site look for this graphic.
This is TREC's new system so you might want to download the instructions for the new site.
The agency's new home for online services is up and running! You can access these "My License Online Services" here or by clicking the "my license" button at the top of the page. Licensees' log-on information is being delivered via email, but if you need help setting up your account, see the Online Services Registration User Guide
How To Get Your Texas Real Estate Sales License
Salesperson's License
The requirements have not changed but how you apply has. In the past most people would send in their education and pay the $30 fee to have their education evaluated. People will no longer be able to do this. The applicant will have to submit their education with their paid application. Also if they file an application using a paper form they will be charged a $20 fee. TREC wants people to file online.
09/1/2010 - Pre-Application Education Evaluation No Longer Required! Real estate and inspector applicants will no longer be required to submit an education evaluation request and receive a notice from the commission that the education requirements have been satisfied prior to submitting an application for a license. The education evaluation request form is eliminated and education course completion documents must be submitted when the application is filed. Application forms have been revised to incorporate this change.
Texas Real Estate License Courses
Salesperson: The Texas Real Estate Commission requires 210 classroom hours of instruction to apply for a license. If you have taken college courses, many times they can be used towards as many as 60 of the required classroom hours (equivalent to four semester hours). See TREC’s website for more information. If TREC will accept your education documents, our 150 hour package will satisfy the rest of your requirements. If not, you can still easily satisfy your education requirements by taking our full 210 hour package.
Broker: to be eligible to apply for a Broker’s License, an individual needs 2 years of active experience, everything for a Salesperson (including the SAE and a 30-hour Brokerage course as part of the 270 core hours), and an additional 630 classroom hours in related courses.
Before applying for a real estate Salesperson License, an individual must first furnish the Commission satisfactory evidence of successfully completing the following education:
- Principles of Real Estate core real estate course [60 classroom hours]
- Law of Agency core real estate course (30 classroom hours)
- Law of Contracts core real estate course (30 classroom hours)
- An additional core real estate course (30 classroom hours)
- Another four semester (60 classroom) hours in core courses or in related courses acceptable to the Commission.
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.
Education Requirements
Texas Real Estate Sales License
Salesperson: The Texas Real Estate Commission requires 210 classroom hours of instruction to apply for a license. If you have taken college courses, many times they can be used towards as many as 60 of the required classroom hours (equivalent to four semester hours). See TREC’s website for more information. If TREC will accept your education documents, our 150 hour package will satisfy the rest of your requirements. If not, you can still easily satisfy your education requirements by taking our full 210 hour package.
Broker: to be eligible to apply for a Broker’s License, an individual needs 2 years of active experience, everything for a Salesperson (including the SAE and a 30-hour Brokerage course as part of the 270 core hours), and an additional 630 classroom hours in related courses.
Texas real estate license courses for agents or brokers. Classes include principles of real estate 1 and 2,law of agency,finance,law of contracts and marketing 1 and 2. 150 hour Texas real estate packages and 210 hour real estate packages packages
Cities served:
Home Inspection
As the market becomes more competitive, only a business comprised of well-rounded licensees who provide comprehensive advice will continue to stand out. This course instructs real estate licensees on the basics of home inspection. An understanding of this information will allow the student to serve his or her clients and customers better.
This course presents an overview of the home inspection business and explains how it fits into the real estate industry as a whole. In addition, the course covers the regulatory bodies and professional organizations associated with home inspection. At the conclusion of this course, the student will understand the methods used to inspect homes, will know what to look for when examining properties, both inside and out, and will understand the various types of inspection reports and the differences between them.
Upon completion of this course, the student will:
• Understand the development of home inspection in the inspection business.
• Appreciate an inspector's role at closing in residential sales transactions.
• Know the tools needed and conduct expected in the field.
• Distinguish various field report styles and know the benefits and drawbacks to each.
• Understand an inspector's professional liability.
• Recognize the steps in the examination process.
• Identify common misconceptions about home inspection.
• Value membership to a reputable, non-profit home inspection organization.
• Know the extent of home inspection legislation.
• Appreciate the different ways states regulate the home inspection industry.
Approved Course Number(s):
03-00-100-7475
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Remember: The Texas Real Estate Commission requires 210 classroom hours of instruction to apply for a license. If you have taken college courses, many times they can be used towards as many as 60 of the required classroom hours.
