We partnered with a real estate company for this post. The opinions in the post are honest. All reviews and opinions expressed in this post are based on our personal views. We are excited because we know you will love it.
Are you looking to build a career in real estate in TX? Have been searching "How to get my real estate license in Texas?" Well, worry no more because, to start with, you need to understand the cost of a real estate license in Texas. This is crucial to qualifying as a Texas real estate agent.
Steps on how to become a real estate agent in Texas
Here are the steps you need to follow to get a real estate license in Houston and the rest of the state of Texas:
Check your eligibility
To become a real estate agent in Texas, you will need to meet some basic requirements, including being at least 18 years old and being a citizen of the US or a lawfully admitted alien.
Complete pre-licensing education
Before you get your realtor's license in Texas, The Texas Real Estate Commission (TREC) requires you to complete a 180-hour pre-licensing course from an approved provider. The areas of knowledge covered by education include real estate principles, contracts, law, and others. You can take the course in person or online through online schools such as RealEstateU. Depending on the course provider, you may need to pay between $350 and $1000.
Pass the pre-licensing course exam
After completing the 180-hour pre-licensing course, you need to pass the final exam for the course. This prepares you for the licensing exam. The study materials and other resources to help you prepare for the licensing exam will cost you around $100–$400.
Apply for a license
You apply for a real estate license with the Texas Real Estate Commission (TREC) using the TREC's online licensing service.
It is worth noting that before you apply for a license, you must satisfy TREC's requirements for honesty, integrity, and trustworthiness. This can be done by getting fingerprinted and passing a background check. As a license applicant, you can seek a Fitness Determination prior to applying for your license. The cost of a license application for a realtor’s license in Texas can be about $250.
Pass the state licensing exam
When TREC approves your license application, the next thing you do is schedule your exam and get a Candidate Handbook. Pearson VUE administers the Texas Real Estate Exam, which comprises of:
· State Portion: 40 questions with a 90-minute time allowance
· National Portion: 85 questions allocated 150-minute
The pass mark for this exam is 70%, and the exam fee is around $55.
Find a real estate broker to sponsor you.
To become an active real estate agent in TX, TREC requires you to have a real estate agent broker sponsoring you, so you need to identify a reputable and successful broker to mentor you.
Conclusion
Besides the costs mentioned above, you need to allocate some money for miscellaneous expenses, which can be between $100 and $200. The various components, including the education cost, exam fee, application fees, and other additional expenses will determine the actual cost of a Texas real estate license.
To save money, research various courses and consider taking online ones offered by reputable providers. Also, prepare thoroughly to reduce the chance of retakes and extra fees. Whatever it takes, becoming a licensed Texas real estate agent is a great step towards succeeding in your career and the lucrative field, so put in the time and resources, and you will reap the rewards.
