Eric Estate

Downtown Austin Real Estate

Getting a Texas Real Estate License

I’m 90% of the way done with getting my license to practice Real Estate in Texas.

Sometimes the process feels exceptionally slow, but other times it seems to go really fast.  Doing the classes was the fast part, even the ones I wrote about at ACC which took so long compared to waiting for my time slot to take the TREC Real Estate Exam.

I’ve jumped through all the hoops except for one – the final test.  I’m not worried about it.  I’ve read all the required textbooks, studied hard, and have been reviewing sample questions for an hour a day for the last week.  I still have a couple more days to prepare, too.

This time has also allowed me to finalize my application with TREC.  For those of you who don’t know, TREC stands for the Texas Real Estate Commission, and they oversee the licensing process in Texas.  I’ve done everything needed on the Texas Real Estate website to get a Salesperson license:

  • Taken the classes
  • Completed the application on-line
  • Gotten fingerprinted
  • Obtained Sponsorships – more on this coming soon
  • And I’ve even begun training at my new brokerage.

Now it’s just a matter of showing up for the test, taking it, and doing my best.  I know there are 110 questions on the TREC Salesperson test, and that I have 150 minutes to complete them all.  Of these 110 questions, they are divided into two sections.  A national section with 80 questions, and a Texas section with 30 questions.  I have to get 70% correct to pass.

In addition, I’ve learned that the test is divided into sub-sections, each focusing on the different principles and practices:

  • Property Ownership
  • Land Use Controls and Regulations
  • Valuation and Market Analysis
  • Financing
  • Laws of Agency
  • Mandated Disclosures
  • Contracts
  • Transfer of Property
  • Practices of Real Estate
  • Real Estate Calculations
  • Specialty Areas (Property Management, Commercial Property, Subdivisions)
  • Commission Duties and Powers
  • Licensing
  • Standards of Conduct
  • Agency/Brokerage
  • Contracts
  • Special Topics (Homestead, Seller Disclosure, Foreclosures, etc…

But getting back to the topic of getting a license, there are a lot of steps to follow, and they have to be done in a specific order.  Why?  Because buying a house is a big deal.  I’ve had tons of training to guide you through the process.  And soon I’ll be recognized by the state of Texas to act on your behalf to buy and sell property.  I’ve passed a background check, submitted my coursework and had it approved by the governing body, paid my fees and dues, and demonstrated competency in all aspects of every possible transaction.

I personally think there it is important to have a current education.  The government is always creating new laws and rules to protect both buyers and sellers, and it’s hard to keep up with all the requirements.  I’ve been using the most up to date textbooks, and taken classes from professors who actively practice real estate in Austin.  I’ve learned all the laws, and will make sure every transaction goes smoothly, and legally.  Plus, unlike many agents in the Austin area who were licensed before the internet era, I know how to also use technology to get the job done.

If you can’t tell, I’m super excited to be your agent.  If you have a house to sell, please give me a call, and let’s schedule a time for me to come over to chat.  I’ll even show you my new license (as soon as I get it).

 

 

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