How To Become A Licensed Real Estate Broker In Texas
Many licensees are making the move to become a real estate broker in Texas. One of the pluses of a forming a career in real estate is the control it allows you in shaping your personal success. The step towards becoming a broker is the beginning of an exciting new chapter in the life of a real estate professional. There is no need to wait for a promotion. A real estate licensee is able to simply make the decision to sign up for broker training and the state exam. Once this decision has been made, it may be only a matter of weeks before you are working as a Texas broker. Real estate sales associates in Texas who are ready to take the next step in their real estate careers can begin the process of becoming a licensed real estate broker by completing the state’s requirements for licensure. Check Texas real estate licence requirements below.
Texas Real Estate License Requirements
- You have to be a citizen of the United States and be 18 years old
- Also you have to be a legal resident of Texas
- If you are a resident of any other state, you must be licensed by that state as a real estate broker
- It is vital to have 2 years of active experience in Texas as a licensed real estate salesperson or broker during the 96 month period immediately preceding the filing of the application;
- or if you are licensed as a broker in another state, it is vital to have 2 years of active experience as a licensed real estate salesperson or broker during the 36 month period immediately preceding the filing of the application.
You will have to visit 270 classroom hours of core real estate classes.
An additional 630 classroom hours in related classes acceptable to the Commission.
You will have to show a credit transcript or a certificate with an application as a proof of your good class results.To be eligible to apply for a real estate Broker License you must first obtain a letter from the Commission attesting to satisfaction of all education requirements.
To obtain an evaluation of your education documents, submit a Request for Evaluation of Education Documents.
Real Estate Broker Licensure Exam in Texas
Texas uses the outside testing agency called PSI (Psychological Services, Inc.).Make sure you apply with TREC before you register for the exam. Don’t forget about an ID number issued by TREC before you take the test.
The exam fee is $59.00; the exam re-take fee is $59.00 as well.
The Texas salesperson exam is devided into two parts:
The first part is called – National (105 minutes to complete exam) and the second part is Texas specific part (45 minutes to complete the exam). This exam is taken on a computer. You will be allowed to take only a simple function calculator for the math portion of your exam. Remember two forms of ID: One ID government issued with photograph (Passport, Driver’s license, state ID); The other form of ID must have a preprinted name with signature.
Real Estate Broker Software
The Right Tools
The most professional real estate workers often require software to efficiently sort through paper work. It has been pointed out that good software such as Brokermint can transform a real estate business for the better. Back office software should be able to create a consistent and manageable flow from lead generation to closing and accounting. It should be able to cross integrate with Contact Management systems (CRM), MLS and Accounting Packages. The main goal of this type of software is to help real estate experts save time managing day-to-day operations, get instant visibility on production data and remain in compliance with regulations.
Software like Brokermint perfectly fits for small companies that recently started their real estate business.
There are other tools that are useful to real estate agents. Having a strong social media presence through sites such as Facebook or LinkedIn can come in very handy in attracting potential customers. Also consider using Zillow and Trulia. These websites help track information on available real estate properties in local areas. Be sure to familiarize yourself with the kinds of tools that real estate brokers need to work in the field. It is a necessity to feel prepared in this business.
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