There is a great influx of professionals who want to take up the real estate profession as their core career. With this great interest comes many concerns. Today, you will find answers to the most frequently asked questions about Texas real estate and online Texas real estate courses.
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1. What are the steps to get a real estate agent license in Texas?
There are two main steps to become a licensed real estate professional in Texas. The first is to complete the pre-licensing coursework from a provider approved by TREC. Once done, you have to sit for and pass the licensing exam.
2. What is the difference between a licensed real estate agent and a broker in Texas?
Yes, a real estate broker has additional education and experience requirements as compared to a real estate agent. A real estate broker has an upper level of license and oversees the work of real estate agents. They can own and manage their brokerage firms but agents cannot.
3. Can I transfer my real estate license from another state to Texas?
Yes, the Texas Real Estate Commission allows reciprocity of real estate licenses from another state. However, you must complete all the formalities for a transfer of license as mandated by TREC.
4. Do real estate professionals in Texas have to follow a code of ethics?
Yes, real estate professionals are expected to set high standards of honesty and trustworthiness in their dealings with clients. Hence, they have to follow strict code of ethics as laid down by the National Association of Realtors (NAR).
5. What is the renewal period for real estate licenses in Texas?
Real estate professionals must renew their licenses in Texas every two years. During this period, they must complete continuing educations courses to be eligible for renewal. Continuing education is necessary to be updated on topics like new legal updates, rules, regulations, contracts, terms and agreements. This helps you to keep abreast with the changes happening in the dynamic real estate industry at all times.
Questions on Online Texas Real Estate Courses
1. How much time does it take to complete the pre-licensing education in Texas?
Generally, the duration varies but typically it involves completing 90 hours of the TREC-approved coursework.
2. Is it possible to go through the pre-licensing course online in Texas?
With the advancement and availability of technological flexibility, yes, you can take the TREC-approved courses online as many cost providers are shifting their delivery format from offline to online.
3. What primary requirements must be fulfilled before going through the Texas real estate pre-licensing coursework?
The prerequisite and basic requirements may include an appropriate age which is 18 years and above valid education background like a high school diploma or similar and other criteria that I said by TREC. There you must visit its website for a detailed list of requirements that you must fulfil before you apply for the Texas real estate licensing exam.
4. What is the passing rate of the real estate exam?
The pass percentage is 75% in the Texas real estate exam. If we see the overall passing rate of individuals, then it is around 50 to 55% every year.
5. Can I access my Texas real estate course materials after completing the course?
Yes, and no. It is because this service depends on the cost provider that you have chosen some me offer continued Axis while others may not so it is recommended that you check with your specific course provider for such details.
6. How are exams administered in an online Texas real estate course?
It is important to know the format and the process for exams. This includes knowing whether they are online or require physical presence. However, you can take practice tests online which you can schedule at your convenience and timing. These are administered by the course provider and are checked based on a computerized system installed in their facility. The format is a multiple-choice question format in the exam.
7. Am I eligible for a refund of the course fee if I discontinue the course midway?
This depends on the cost provided as the refund policy is different for each one of them. Therefore, it is important to understand the policy of your Ghost provider before enrolling into an online course.
8. Are there any in-person components or requirements for the course?
You have a wide choice of pre-licensing courses to choose from in Texas. While most opt for online courses because of the convenience of studying on the go, you can enroll for in-person courses too. These courses are conducted by state-approved schools in a classroom environment.
9. Do you have to be tech-savvy to go through the online courses?
No, the courses are explained thoroughly by instructors on a user-friendly and easily-navigable website. An Internet-enabled device and a stable internet connection is all that you need to study.
10. Do I get assistance from a course provider for getting a job in the real estate industry after completing the course?
Typically, no, because the courses are the first step in your journey to a real estate professional. After completing the course, there are several other steps to fulfill before you can get your license. These include passing the licensing exam and finding a broker to mentor you.
Hopefully, these answers will help you get to the bottom of becoming a real estate professional in Texas. Good Luck!