How to Get Your Texas Real Estate License | The Step-by-Step Guide
Are you looking to start a career in real estate?
Here are the steps you need to take to obtain your real estate license in Abilene, Texas:
- Meet the Eligibility Requirements
- Submit Your Application and Pay the Fees
- Complete a Pre-Licensing Course
- Pass the Texas Real Estate License Exam
- Find a Texas Real Estate Brokerage
- Obtain Errors and Omissions (E&O) Insurance
- Maintain Your TX Real Estate License
Learn about the cost of becoming a licensed real estate agent in Texas.
Follow these steps to become a Real Estate Agent in Texas
Meet the Eligibility Requirements
In order to apply for a real estate license in Texas, you must be at least 18 years old, a Citizen of the United States or a lawfully admitted alien, and meet TREC’s qualifications for honesty, trustworthiness, and integrity.
Submit Your Application and Pay the Fees
Before you can take the exam, you should submit your application for a real estate license to the Texas Real Estate Commission (TREC). The application process includes a background check and requires a fee. Please visit: https://www.trec.texas.gov/
Complete a Pre-Licensing Course
Before you can take the real estate license exam, you must complete a TREC-approved pre-licensing course that covers the principles and practices of real estate. The course consists of 180 hours of instruction.
The courses required include Principles of Real Estate I (30 classroom hours), Principles of Real Estate II (30 classroom hours), Law of Agency (30 classroom hours), Law of Contracts (30 classroom hours), Promulgated Contract Forms (30 classroom hours), Real Estate Finance (30 classroom hours)
Pass the Texas Real Estate License Exam
After completing the pre-licensing course, you must pass the state of Texas's real estate license exam. The exam consists of two parts:
- National portion
- State portion
You must pass both parts in order to obtain your Texas real estate license.
Find a Texas Real Estate Brokerage
In order to practice real estate, you must work under the supervision of a licensed brokerage. You will need to find a brokerage that is willing to sponsor you and help you get started in your career. Most brokerages will generally provide some training, access to a document library, E&O insurance, compliance review, and more. However, as a new licensee, most brokerages will not provide all of the additional training, mentoring, detailed supervision, and marketing services that many newer agents need to start their careers. As a result, you may want to consider working with a team to help you learn and grow your real estate business.
Obtain Errors and Omissions (E&O) Insurance
As a licensed real estate agent in Texas, protecting yourself from potential legal issues is important. Obtaining errors and omissions insurance, also known as professional liability insurance, is a good way to do this. Most real estate brokerages in Texas will provide coverage as a part of their benefits and services upon affiliation.
Maintain Your TX Real Estate License
In order to keep your real estate license active, If you are renewing for the first time, active or inactive, you must have a total of 270 qualifying real estate course hours, 4 hours of TREC's Legal Update I, and 4 hours of TREC's Legal Update II posted to your license record prior to submitting your renewal.
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