Becoming a Texas Realtor is a process that requires a specific set of qualifications and steps to follow. The Texas Real Estate Commission (TREC) regulates the real estate industry in the state and sets the requirements for individuals to become licensed as a Realtor. In this article, we will discuss the steps and qualifications needed to become a Texas Realtor.
Step 1: Meet the Basic Qualifications
The first step to becoming a Texas Realtor is to meet the basic qualifications set forth by the TREC. These qualifications include:
Being at least 18 years of age
Being a legal resident of the United States
Having a high school diploma or equivalent
Having a clean criminal record and no outstanding judgements
Step 2: Complete the Required Education
The TREC requires all aspiring Realtors to complete a certain amount of classroom education before taking the licensing exam. The required education includes a 180-hour prelicensing course, which covers topics such as property ownership, property rights, contracts, and Texas real estate laws. The course must be completed at a TREC-approved education provider.
Step 3: Pass the Texas Real Estate Salesperson Exam
Once the required education has been completed, the next step is to pass the Texas Real Estate Salesperson Exam. The exam is a computer-based test that consists of 150 multiple-choice questions. The exam covers topics such as property ownership, property rights, contracts, and Texas real estate laws. The exam fee is $54, and it can be taken at any of the Pearson VUE testing centers located throughout the state.
Step 4: Apply for a Texas Real Estate Salesperson License
After passing the exam, the next step is to apply for a Texas Real Estate Salesperson license. The application can be completed online and requires a $205 fee. The TREC will also require a fingerprint-based criminal history background check and an electronic photograph.
Step 5: Find a Sponsoring Broker
After the license is issued, the final step is to find a sponsoring broker. In Texas, all licensed real estate salespersons must work under the supervision of a licensed broker. The broker acts as a mentor and provides support and guidance to new agents.
Step 6: Continual Education
Once licensed, Texas Realtors are required to complete continuing education (CE) in order to renew their license. The TREC requires agents to complete 18 hours of CE per two-year license period, which includes a mandatory 6-hour legal update course.
In conclusion, becoming a Texas Realtor requires a specific set of qualifications and steps to follow. The process includes meeting basic qualifications, completing the required education, passing the Texas Real Estate Salesperson Exam, applying for a license, finding a sponsoring broker and fulfilling the CE requirements. The process may take some time and effort, but with dedication and hard work, an individual can become a licensed Texas Realtor and start their career in the real estate industry. It’s important to note that TREC rules and regulations are subject to change, so it’s always recommended to check the TREC website for the most current information.