How To Become A Texas Real Estate Agent (3 Simple Steps)

How To Become A Texas Real Estate Agent (3 Simple Steps)

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Texas' real estate market is one of the most active and dynamic in the country. It's logical, given that it's four times the size of the majority of states. Becoming a real estate agent in Texas is a great career choice because you may specialize in a variety of sectors and the real estate market is fairly stable. But first, you'll need to figure out how to become a Texas real estate agent.

 

What Does It Take To Become A Real Estate Agent In Texas?

To become a real estate agent, the TREC (Texas Real Estate Commission) establishes some basic requirements:

  • You must be at least 18 years old to participate.
  • TREC-approved classes must be completed for a total of 180 hours.
  • Locate a broker who will act as a sponsor (necessary to become a real estate sales agent).
  • The Texas Real Estate Commission will receive your paperwork and fees. At this time, you can apply for an active or inactive real estate license. If you request an inactive license, you will need to fill out a new form to activate it later.
  • You'll have to pass your licensure exam first.

You will receive your license once you have taken and passed the license exam. The 180 hours of TREC-approved classes, which you can take at an in-person or online real estate school, will take up the majority of your time. After you've settled into a real estate brokerage, you'll almost certainly require continuing education real estate courses.

You can retake the state exam if you fail the Texas real estate exam. A pre-licensing course can assist you in your studies.

While the schooling and exam requirements are extensive, the actual requirements for becoming a real estate agent are minimal. You must be 18 years old or older, but no prior education is required. The cost of a real estate course is typically under $500, and the real estate exam is around $43.

In a year or two, any 18-year-old who is willing to study can become a real estate salesperson. As a result, it's a field with a lot of room for advancement. It could be an ideal field for you if you're a dedicated worker who gets along well with others.

How Do You Prepare To Become A Texas Real Estate Agent?

You must have the appropriate qualifying education to meet TREC's standards for an inactive or active license.

In Texas, there are various real estate education schools. Make sure you're taking classes that meet TREC's requirements, whether they're online or in person.

A real estate professional should study for the exam in addition to passing the pre-license education classes. Exam practice materials for the real estate salesperson license examination are available from a variety of companies, including Kaplan.

Do You Need A Texas Real Estate Broker To Sponsor You?

A sponsoring broker is not required to obtain a salesperson license. Before you have a broker, you can take the exam and become a certified real estate agent.

However, in order to practice real estate, aspiring real estate agents will require a designated broker in addition to a state license. You can get your license, but you won't be able to work as a Texas Realtor unless you have a sponsoring broker.

A Texas real estate agent can find a sponsored broker after they have obtained their sales agent license. However, finding a sponsoring broker throughout the license application process is usually the best option.

Is It Possible To Make A Living As A Real Estate Agent In Texas?

You now know how to obtain a real estate license in Texas. A Texas real estate license, however, isn't the only requirement for success. If it were the case, real estate agents would not have such a high failure rate in their first few years.

Real estate education alone will not prepare you for a career as a real estate agent, nor will the prerequisites suffice. You'll do the following as an agent:

  • You must be a highly self-motivated individual. You must tell yourself to work every morning when you get up. Your broker will not compel you to work in the same way that a boss would.
  • It is necessary to be able to network and mingle effectively. Being a real estate agent is a field that focuses on people. You must be able to communicate well with others and build a broad, active network.
  • It is necessary to have a basic understanding of marketing and the internet. The position of a real estate agent has evolved rapidly in recent years. SEO and online marketing are now essential for success.
  • Most people understand how difficult it is to work as a real estate agent. However, the licensure exam does not adequately educate them for the challenges that becoming a Realtor can entail.

A Realtor must be exceedingly dedicated in order to develop a successful real estate career. They'll have to put in a lot of time, far more than the minimum 30 hours in the classroom. They'll need to be a skilled salesperson, as well as friendly and easy to work with.

 

How To Become A Real Estate Agent In Texas: Frequently Asked Questions

What Sets Texas Apart From The Rest Of The Country In Terms of Real Estate?

A real estate professional in the state where they practice is required to have a real estate license. A Realtor with a California real estate license cannot execute a transaction in Texas; they would require a Texas real estate license. This is why each state has its own licensing requirements.

There is no reciprocity between Texas and any other state.

There are a few options for transferring an out-of-state driver's license to Texas. It'll take less time than going through the licensing procedure again step by step, but you'll have to repeat a lot of the stages.

However, real estate in Texas is not very different from real estate in other states. A Realtor who has already completed their licensure process in another state should find the process in Texas to be very simple. Similarly, a real estate agent in Texas should have little trouble transitioning to another state.

Is There A Difference Between A Commercial And A Residential Real Estate License?

No. In Texas, you'll need the same license whether you're interested in working with commercial or residential real estate. Without further licensing, a licensed real estate sales agent in Texas can work on a business or residential real estate transaction.

Commercial and residential real estate are fundamentally similar. To obtain a real estate license, real estate agents must be knowledgeable in both commercial and residential real estate. A real estate agent who wishes to specialize in a certain area should seek out a broker who specializes in that field.

In Texas, How Can You Obtain A Broker's License?

You might desire to become a real estate broker at some time in your career. Because they collect commissions from the sales professionals under them, a real estate broker typically earns more than a real estate agent. However, you'll need more than simply a Texas real estate license to do so.

A broker license is not the same as a regular real estate license. A broker license allows a person to act as a corporate entity and hire licensed salespeople. Brokers are highly skilled real estate professionals who serve as facilitators and mentors for other agents and brokers.

What Happens If You Don't Pass The Real Estate Exam?

Failure on the real estate exam can feel like a disaster after so many hours of classwork and study. However, it isn't a significant issue. It's definitely not ideal. However, simply taking and failing the exam can help you better prepare for the next time you take it.

In Texas, you have three chances to take the exam. You don't have to retake the full exam; only the sections you failed are required. As a result, you can enroll in another exam preparation course and retake the exam.

In some states, you can take the exam as many times as you want. As a result, Texas is a little more difficult to navigate than other states. However, the majority of people will be able to pass the exam in three attempts.

 

 

 

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