TEXAS REAL ESTATEEDUCATION REQUIREMENTS
Core Real Estate Course List
These courses are defined in the Provisions of the Real Estate License Act (TRELA), Chapter 1101, Texas Occupations Code Section 1101.003, and the Rules of the Texas Real Estate Commission, Section 535.62(f).
Core course credit will not be awarded for the same core course taken more than once within 3 years of each other.
Courses in RED are required courses.
Principles of Real Estate -
Shall include but not be limited to an overview of licensing as a real estate broker and salesperson, ethics of practice, titles to and conveyancing of real estate, legal descriptions, deeds encumbrances and liens, distinctions between personal and real property, appraisal, finance and regulations, closing procedures, real estate mathematics , and at least three classroom hours of instruction on federal, state, and local laws relating to housing discrimination, housing credit discrimination, and community reinvestment.
Law of Agency -
Shall include but not be limited to the principal-agent and master- servant relationships, the authority of an agent, the termination of an agent's authority, the fiduciary and other duties of an agent, employment law, deceptive trade practices, listing or buying representation procedures, and the disclosure of agency.
Law of Contracts -
Shall include but not be limited to the elements of a contract, offer and acceptance, the statute of frauds, specific performance and remedies for breach, unauthorized practice of law, commission rules relating to use of adopted forms, and owner disclosure requirements.
Real Estate Appraisal -
Shall include but not be limited to the central purposes and functions of an appraisal, social and economic determinant of value, appraisal case studies, cost, market data and income approaches to value estimates, final correlations, and reporting.
Real Estate Law -
Shall include but not be limited to legal concepts of real estate, land description, real property rights and estates in land, contracts, conveyances, encumbrances, foreclosures, recording procedures, and evidence of titles.
Real Estate Finance -
Shall include but not be limited to monetary systems, primary and secondary money markets, sources of mortgage loans, federal government programs, loan applications, processes and procedures, closing costs, alternative financial instruments, equal credit opportunity acts, community reinvestment act, and state housing agency.
Real Estate Brokerage -
Note: 30-hour Real Estate Brokerage course required for all broker applicants effective Jan. 1, 2008
Shall include but not be limited to law of agency, planning and organization, operational policies and procedures, recruiting, selection and training of personnel, records and control, and real estate firm analysis and expansion criteria.
Real Estate Marketing -
Shall include but not be limited to real estate professionalism and ethics, characteristics of successful salesperson, time management, psychology of marketing, listing procedures, advertising, negotiating and closing, financing, and the Deceptive Trade Practices-Consumer Protection Act, as amended, Section 17.01 et seq., Business & Commerce Code.
Real Estate Mathematics -
Shall include but not be limited to basic arithmetic skills and review of mathematical logic, percentages, interest, time-valued money, depreciation, amortization, proration, and estimation of closing statements.
Property Management -
Shall include but not be limited to role of property manager, landlord policies, operational guidelines, leases, lease negotiations, tenant relations, maintenance, reports, habitability laws, and the Fair Housing Act.
Real Estate Investments -
Shall include but not be limited to real estate investments characteristics, techniques of investment analysis, time-valued money, discounted and non-discounted investment criteria, leverage, tax shelters, depreciation, and applications to property tax.
Promulgated Contract Forms -
Shall include but not be limited to the unauthorized practice of law, broker-lawyer committee, current promulgated forms, commission rules governing use of forms, and case studies involving the use of forms.
Residential Inspection for Real Estate Agents -
Shall include but not be limited to property condition addendum, inspector and client agreement, tools and procedures, electro-mechanical system (plumbing, heating, air conditioning, appliances, energy saving considerations), and structures (lot and landscape, roofs, chimney, gutters, paved areas, walls, windows and doors, insect damage and storage areas.
Core Real Estate License Education Providers for Salesperson and Broker Applicants
Real Estate Related Courses considered acceptable by the Commission for real estate related credit, provided they are taken from an approved source.
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TEXAS REAL ESTATE CONTINUING EDUCATION REQUIREMENTSMandatory Continuing Education (MCE)
As of January 1, 2005, 6 hours of the 15 total mandatory credit hours must be approved for Mandated Ethics and Legal Topics.
As a condition of returning to active status, an inactive salesperson whose license is not subject to the annual education requirements of the Texas Real Estate License Act (SAE hours) must provide the commission with proof of attendance of at least 15 hours of continuing education during the two-year period preceding the filing of the application. As of January 1, 2005 the licensee must also take 6 hours of legal topics in the form of one 3 hour legal update course and one 3 hour legal ethics course during the two-year period preceding the filing of the application.
Salespersons and Brokers (already licensed)
Salesperson Annual Education (SAE) Licensed Salespersons who applied on or after January 1, 2006 are required to have completed 270 core real estate and related classroom hours by the end of the first year of licensure (210 hours of which were already completed before application for license). See the appropriate text and chart on the Salesperson Annual Education (SAE) requirements page.
Licensed Salespersons who applied prior to January 1, 2006 are allowed up to three years from licensure to complete the 270 hours, typically with 30 core real estate hours required during each of those three years. These licensees can refer to their appropriate text and chart on the Salesperson Annual Education (SAE) requirements page.
SAE Cover Sheet form to use when submitting SAE course completion certificates to TREC.
Mandatory Continuing Education (MCE) Requirements
(for Individual Brokers and for Salespersons who have satisfied SAE requirements) Mandatory Continuing Education (MCE) refers to the Real Estate License Act's continuing education requirement (§1101.455) of 15 classroom hours (6 hours of which are the approved Legal & Ethics courses) to be completed during each two-year renewal period.
COURSE FEATURES
Courses are totally interactive using "Flash" featuring interactive characters and full audio. There is no waiting on slow, read-only pages.
Student may log in and out of the course at will from any computer with appropriate capability.
Student may take a portion of the course, Bookmark it and resume the class later.
Student has 6 months to complete course and may take the final exam up to three times.
Student may print Certificate of Completion online at time of course completion.
Payment for CLASSROOM ONLINE courses is available via VISA, Master Card, American Express, Discover, PayPal or online check.
Toll free, e-mail or online live chat customer support is available .
TEXAS REAL ESTATE SCHOOL
