The real estate industry provides one of the best ways to excel in your career. It offers a lot of opportunities to work and achieve your goals on time. But you need to be prepared to succeed in this thriving market regardless of which state you live in. Texas has proven to be a great real estate market for realtors. Those who are working here can confirm this.

So, what is the first step you need to take to join the lucrative real estate industry? It is simple: a real estate license in Texas. Before you obtain one, it is imperative to understand the major factors that you need to consider to proceed with your journey. This article will compile everything you need to know.

Knowing the Texas Real Estate Licensing Requirements

You should know the Texas regulations before applying for a real estate license. Do you know who supervises the licensing in the state? It is supervised by the Texas Real Estate Commission (TREC), which makes sure that only eligible individuals can work as real estate agents. Additionally, going through the Texas real estate licensing requirements process will equip you with the abilities and information required to become a professional realtor.

Another preliminary requirement for a real estate license in Texas is that you must be a US citizen or a legally admitted resident who has attained a minimum age of 18 years old. You must also finish the necessary pre-licensing coursework, which contains crucial real estate knowledge. Additionally, to ensure that you adhere to legal and ethical requirements, you need to pass a background check.

The Texas real estate exam must be passed after your schooling and background check are finished. You also need to find a sponsoring broker to work under after you receive your license. All of these actions are crucial because they guarantee that you fulfill the legal requirements of the state and set you up for a prosperous real estate business.

Completing the Required Real Estate Education

When planning how to get into real estate in Texas, completing the required real estate education is important. This crucial step allows you to educate yourself on the Texas real estate market before you become an agent. It entails finishing 180 hours of pre-licensing classes from a school that is certified and authorized by the Texas Real Estate Commission (TREC).

The course covers key subjects such as contracts, financing, ethics, law, and fundamental real estate knowledge, among many others. Make sure you go through the course outline to know all the topics that are covered and how many learning hours each takes. Other important topics that you must complete include principles of real estate as well as law of agency and law of contracts.

After covering all these topics, you will have a solid foundation in real estate knowledge, which is needed to get ready for the license exam. Most importantly, you must complete these classes in order to meet Texas real estate requirements before submitting an application for a real estate license in Texas.

Many people choose online courses because they provide flexibility. For instance, you can visit here to learn while working or caring for your family. The most enticing thing is that you can listen to real estate lectures on the go. However, some prefer in-person classes for a more engaging experience. You can advance in the real estate profession and learn more about the industry by selecting the best learning program for you.

Getting Through the Texas Real Estate Exam

Just like in many other states, you need to pass the state exam before obtaining a real estate license in Texas. There are two main parts of this test, and it is wise to understand them.

The national section is 150 minutes and 85 questions, while the state section is 90 minutes and 40 questions. You need to attain at least 70% in each section to pass. This may sound difficult, but it is easy and simple if you prepare thoroughly.

The test assesses your knowledge of state and national real estate finance, real estate regulations, property ownership, and professional responsibilities. There are a couple secrets to passing this exam; read exam preparation materials and take mock exams, all of which are available online. How to obtain a real estate license in Texas is made possible by passing this test.

Background Checks and Fingerprinting

TREC requires all applicants to submit their fingerprints for background screening through the Texas Department of Public Safety (DPS). This is one of the major Texas real estate requirements, and it has disqualified many candidates. You should pass the check, which is an indication that you have the integrity needed to practice as an agent in the real estate industry.

Find a Broker to Sponsor and Mentor You

After passing the Texas real estate exam, you should search for a sponsoring broker to vouch for you and mentor you. As a novice, a sponsoring broker will provide a lot of guidance through their experience. After all, they are certified real estate professionals who will guide and help you in your career growth. Consider the following when choosing a sponsoring broker in Texas.

  • Experience and reputation Find a broker who has a solid track record and good reputation in dealing with clients for a long time.
  • Training and mentorship Talk to the broker and secure on-the-job training and other guidance to equip you with the knowledge and abilities to become a realtor.
  • Commission structure Let the sponsor train you on how to charge commission. After all, you are about to start your career in service provision, where you need to charge fairly.
  • Workplace culture Pick a broker who encourages your professional goals and has a welcoming, helpful team.

Collaborating with a knowledgeable and encouraging sponsoring broker is essential to laying a solid basis for your real estate career. They will assist you in gaining real-world experience, boosting your self-esteem, and navigating the field with success.

Making Your Application for a Real Estate License in Texas

This is the most important step, right? After fulfilling all the requirements, you can now submit your application through the TREC portal. There are several steps to follow.

  • Provide a certificate of coursework completion, which should comply with the educational requirements.
  • Submit your fingerprint background check report to prove that you have the integrity and readiness to abide by the law and ethical standards.
  • Pay the application fee. The current fee is $205; however, before applying, make sure to check for any changes.

Becoming a Member of a Real Estate Association

Although it is not a requirement, joining real estate associations can greatly boost your real estate career growth. Join associations such as the Texas Association of Realtors (TAR) and the National Association of Realtors (NAR). You can get training, industry updates, legal assistance, and professional networking opportunities as a member.

Additionally, they give you access to a multiple listing service (MLS), which facilitates the sharing and discovery of real estate listings by agents.

Final Verdict

The process of obtaining a real estate license in Texas is straightforward. You just need to plan and fulfill the requirements. The above insights can help you if you are looking forward to comprehending how to be a real estate agent in Texas. Take the first step now, and we are sure you will be glad that you did.

Information contained on this page is provided by an independent third-party content provider. XPRMedia and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]