If you are interested in pursuing a career in real estate in Texas, you will need to obtain a Texas real estate license. This license is required by the Texas Real Estate Commission (TREC) to practice real estate brokerage in the state of Texas. In this article, we will discuss the requirements and steps to obtain a Texas real estate license.
Requirements for a Texas Real Estate License
To be eligible for a Texas real estate license, you must meet the following requirements:
Age: You must be at least 18 years old.
Education: You must have completed 180 hours of pre-licensing education from an approved provider. This education must include 60 hours of Principles of Real Estate, 30 hours of Law of Agency, 30 hours of Law of Contracts, and 30 hours of Real Estate Finance.
Background check: You must pass a criminal history background check.
Examination: You must pass the Texas Real Estate Salesperson Exam.
Steps to Obtain a Texas Real Estate License
Step 1: Complete the pre-licensing education
The first step in obtaining a Texas real estate license is to complete the 180 hours of pre-licensing education from an approved provider. You can take these courses in a classroom setting or online.
Step 2: Apply for the license
After completing the pre-licensing education, you will need to apply for your Texas real estate license with the TREC. You will need to provide proof of your education and pass a background check.
Step 3: Schedule and take the Texas Real Estate Salesperson Exam
Once your application is approved, you can schedule and take the Texas Real Estate Salesperson Exam. The exam is computer-based and consists of 130 multiple-choice questions. You will need to answer 70% of the questions correctly to pass.
Step 4: Find a sponsoring broker
After passing the exam, you will need to find a sponsoring broker to work under. A sponsoring broker is a licensed real estate broker who will be responsible for overseeing your work and ensuring that you are following all of the rules and regulations set forth by the TREC.
Step 5: Activate your license
Once you have found a sponsoring broker, you will need to activate your license with the TREC. You will need to provide proof of your sponsorship and pay the required fees.
Obtaining a Texas real estate license requires a significant investment of time and effort, but it can lead to a rewarding career in the real estate industry. By following the requirements and steps outlined in this article, you can become a licensed real estate salesperson in Texas and start your journey towards success in this field.