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TEXAS REAL ESTATE LICENSE TRAINING
Each pkg or course is available in 3 formats - Online, E-Book or Correspondence
Click on the links below to see package descriptions
Texas Real Estate License as Salesperson :
The Texas Real Estate Commission requires 210 classroom hours of Real Estate Education instruction to apply for a license. If you have taken college courses, many times they can be used towards as many as 60 of the required classroom hours (equivalent to four semester hours). If you are not sure how many hours you have, start out with our 5 Class Package (150 hours) and you can always take our 60 hour add-on package later if you do require all 210 hours.
Each course is available in 3 formats.
- Online: These FLASH-based courses are completed online and are timed by the course provider to offer a more structured course presentation.
- PDF format (e-book correspondence): These courses are self-paced meaning the speed at which a student completes the course material depends entirely on the student. Course material is downloaded on your computer to print or save and read at your own convenience.
- Book Correspondence: This is traditional home study with books mailed to you.
Course Features:
- Courses offer a self-paced, secure, reliable & accurate learning experience
- Courses are totally Interactive using "Flash" featuring interactive characters and FULL AUDIO - No waiting on slow, read-only HTML pages.
- Student may log in & out of the real estate education course at will from any computer
- Student may take a portion of the course, Bookmark it and resume the class later.
- Student may print Certificate of Completion online at time of course completion.
- Payment is available via VISA, Master Card, American Express, Discover, PayPal or online check.
Texas Real Estate License Packages:
w/ *Free* Exam Prep Package
150 HOURS (for those with some qualifying college credit)
This complete real estate education pre-Licensing package includes all necessary courses to qualify to take the Real Estate Salesperson state exam.
Courses included in this package:
- Real Estate Principles I (30hours) TREC 0111
- Real Estate Principles II (30 hours) TREC 0112
- Law of Contracts (30 hours) TREC 1200
- Law of Agency (30 hours) TREC 1111
- Marketing II Negotiations Techniques TREC 0512
- Free - Texas Salesperson Exam Prep
- Free - National Salesperson Exam Prep
60 Hour Texas Pre-license Add-On
The 2 Course Add-On real estate education package is designed for students preparing for the Salespersons State Exam and the future years of their career. This package includes two electives. These electives must be taken before applying for the state exam to satisfy the initial elective credit requirement of 60 hours for students without college credit.
Courses included in package:
- Finance One (30 hours) TREC 0411
- Marketing II Negotiations Techniques (30 hours) TREC 0512
w/ *Free* Exam Prep Package
210 HOURS (for those with no qualifying college credit)
The 7 Course real estate education package is designed for students preparing for the Salespersons State Exam. This package includes the primary required courses (Principles, Law of Contracts and Law of Agency) and also includes three electives. One of these electives must be taken before applying for the state exam to satisfy the initial elective credit requirement of 30 hours. The remaining two elective courses qualify for Sales Persons Annual Education credit for the first year of your career.
Courses included in package:
- Real Estate Principles I (30hours) TREC 0111
- Real Estate Principles II (30 hours) TREC 0112
- Law of Contracts (30 hours) TREC 1200
- Law of Agency (30 hours) TREC 1111
- Finance One (30 hours) TREC 0411
- Marketing: Building a Real Estate Practice (30 hours) TREC 0511
- Marketing II Negotiations Techniques (30 hours) TREC 0512
- Free - Texas Salesperson Exam Prep
- Free - National Salesperson Exam Prep
Sample Texas Real Estate License Courses
Texas Principles of Real Estate is a 60-hour real estate education course required by the Texas Real Estate Commission (TREC) for anyone who wishes to become a licensed real estate agent in Texas. The course provides a comprehensive overview of real estate principles.
Texas Principles of Real Estate contains the following modules:
- Real Property Ownership and Land Use
- Code of Ethics in Real Estate Practice
- Contracts, Purchase and Sale Agreements
- Liens, Taxes and Foreclosures
- Closing and Settlement Costs
Modules begin with an introduction, learning objectives and key terms. As students work through the course, they can keep the learning objectives in mind and refer to the key terms as necessary. The modules are divided into lessons, which are followed by quizzes to test student comprehension. Modules conclude with activities and case studies that allow students to apply the knowledge they have gained to real-world situations; each module is followed by a final quiz. The introductions, lesson summaries and module summaries are all available in a printable format for reference purposes.
In the real estate industry, agreements are made everyday. Whether a salesperson is promising to sell a property within a specified period of time, a buyer is placing an offer on a house or a buyer is trying to purchase a property, some type of contract will be involved.
Before entering into a legally binding agreement, real estate professionals should fully understand the different types of contracts that govern their industry. If a real estate professional makes a mistake while making a contract, he or she will be held liable for that mistake. Therefore, it is vital that real estate professionals protect themselves against errors, oversights and misunderstandings.
This real estate education course will introduce the student to contracts by identifying the components that create a valid contract as well as the different types of contracts that govern the real estate industry. However, in order to set the foundation for this course, we begin by discussing agency relationships. The law of agency governs the types of duties and obligations that an agent owes to his or her client as well as the duties and obligations the client owes to the agent. Agents must understand these types of relationships prior to entering into agreements that bind them to them. Once an understanding of the law of agency has been established, we will proceed to discuss the components of contracts, the importance of contracts, the laws that regulate contracts and the types of real estate contracts.
This course will discuss the five components of a legally enforceable contract; a contract must have legally competent parties, have consideration, have lawful objective, adhere to the statute of frauds and have mutual assent. Once the student understands what comprises a valid contract, we will identify the important laws and rules that govern contracts; these include: the statute of frauds, the doctrine of laches, the Texas Real Estate License Act, promissory estoppel, the parol evidence rule, promissory estoppel, the Uniform Commercial Code and the Deceptive Trade Practices Act.
From there, we will probe the different categories of contracts, such as implied, express, unilateral, bilateral, valid, unenforceable, void, voidable, executed and executory contracts. This will set the foundation for the next section of the course, which will cover real estate contracts. There are several different types of real estate contracts, but we will focus on: listing agreements, sale contracts, contract for deeds, option agreements, leases and TREC promulgated forms.
Lesson 6 and Lesson 7 will discuss two real estate contracts in further detail—listing agreements and leases. The listing agreement is the most important document that an agent has that identifies his or her contractual obligation to and relationship with his or her client; therefore, it is vital that the agent be able to differentiate between the various types of listing agreements. It is also important that the agent understand leases; his or her client will most likely obtain the agent’s services if he or she has questions or needs assistance with his or her contractual obligations to the landlord.
Lesson 8 identifies the consequences of a breached contract. A breach of contract occurs when one party does not fulfill or carry out the terms of the agreement as outlined by the contract. When this occurs, the agent should be able to identify not only the consequences, but the remedies as well.
Lesson 9 will introduce the student to real estate finance. One of the key elements of real estate transactions is the ability to obtain financing. For instance, most real estate contracts will have contingencies that stipulate that a contract can be rescinded if the financial aspects of the contract are not met. Therefore, the agent should be familiar with the different kinds of loans and financing available to his or her client.
Lesson 10 concludes the course by testing the student’s ability to apply his or her knowledge of Texas Contracts.
LEARNING OBJECTIVES
Upon completion of this module, the student will be able to:
- Understand agency relationships
- Understand the licensee’s role in real estate transactions
- Be familiar with the process of working with buyers and sellers
- Identify the differences between the various types of contracts
- Know the three elements of a contract
- Outline the five components of a legally enforceable contract
- Apply the laws, doctrines and statutes that govern real estate contracts
- Distinguish between the different types of real estate contracts
- Recognize and complete the forms promulgated by TREC
- Completely perform a contract
- Recall the important elements of leases and listing agreements
- Discern between valid, void, voidable and unenforceable contracts
- Identify the various consequences for breaching a contract
- List the remedies for breaching a contract
- Recognize when rescission is acceptable
- Understand the concepts of novation and assignment
- Understand when contract breaches occur and the consequences and/or remedies for a breach of contract
- Recognize the various contracts and forms that govern FHA and VA loans
- Understand the requirements for a VA or FHA loan
Agency relationships are the foundation of most real estate transactions. The relationship between a licensee and his or her client is considered a fiduciary relationship, meaning that the client places trust in the licensee to fulfill certain duties towards the client. A broker or licensee can act as a seller’s agent, a buyer’s agent, a subagent or an intermediary, and each of these four types of agency relationships has its own set of guidelines, as well its own ethical issues. Licensees who understand both the basics of agency law as well as the specific laws of agency in the state of Texas will be able to serve their clients and customers to the best of their abilities and avoid litigation.
The beginning of this real estate educationcourse covers the basics of agency law in general, including the brief history of real estate agency, the definition of agency, the parties involved in the relationship, the types and degrees of authority and the role of agency in real estate. Then, the course covers all relevant sections of the Texas Real Estate License Act and the Rules of the Texas Real Estate Commission. In addition, the student will learn about the creation and termination of agency relationships, the rules for agency disclosure, the duties required of agents, the agent’s liability, the Texas Deceptive Trade Practices Act, and the different types of agency agreements. The last two lessons in the course discuss the rules about commissions, antitrust laws and employment law in Texas.
As the student completes this module, he or she should attempt to fit the information in with the big picture of the real estate profession. The conclusion of the real estate educationmodule will assist in drawing the information together by presenting real world practice, comprehension questions and case studies for the student’s consideration.
LEARNING OBJECTIVES
Upon completion of this module, the student will be able to:
- Have learned about the history of real estate and the role of agency in the real estate profession.
- Understand the role of the agent, the principal and the third party in the agency relationship.
- Know the different types of authority.
- Know the differences between the universal, general and the special agent.
- Have read the relevant sections of the Texas Real Estate License Act and the Rules of the Texas Real Estate Commission.
- Understand the rules for disclosure of agency relationships and agency law.
- Know the duties that an agent owes the principal and the third party.
- Understand tort liability.
- Know the circumstances under which a licensee may be held liable.
- Understand how the licensee’s duties apply to the four different agency positions.
- Be able to compare and contrast the different forms of listing agreements.
- Understand buyer representation agreements.
- Be familiar with the specific issues of an intermediary relationship.
- Know how agency relationships are created and terminated.
- Be able to list the guidelines for compensation eligibility.
- Understand the concept of the procuring cause.
- Know the impact gratuitous agency upon agency relationships.
- Understand how antitrust laws affect compensation and commissions.
- List the differences between employees and independent contractors.
- Know the anti-discrimination laws.
- Know what tasks unlicensed assistant can perform
ABOUT US
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Following stringent technology infrastructure and validation criteria set and governed by Texas Real Estate Commission our real estate education courses provide information in a convenient format accessible to all students regardless of time or distance constraints.
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