Texas Real Estate Continuing Education
15 Hours of Texas Real Estate Continuing Ed Classes for $99!
Important License Renewal Information
The Texas Real Estate Commission requires Salesperson licensees to complete 15 hours of continuing education every 2 years, 6 hours of which must be in Legal and Ethics Training. Our online packages offer the 15 hours.. Our courses give you the flexibility to take your CE courses whenever and wherever it's convenient for you. More TREC Information
Approved by the Texas Real Estate Commission,
TREC Provider Number #238 and powered by 360training.
Special Package Pricing:
Choose from two packages:
- TREC Ethics MCE
- TREC Legal Update MCE
- Real Estate Appraisal
- Estimating the Gross Living Area
- Real Estate Math
- TREC Ethics MCE
- TREC Legal Update MCE
- Home Inspection
- Deeds
- Liens, Taxes, and Foreclosures
Texas Real Estate
License School
Texas Real Estate Continuing Education: 9 Hour Continuing Ed Classes. Texas Real Estate Commission requires Salesperson licensees to complete 15 hours of continuing education - Texas Legal and Ethics - 6 hours, Real Estate Appraisal, Real Estate Math, Fair Housing, Relocation, Real Property Ownership, Texas Legal Estate Legal Update,
Important TREC Information
If you applied for a license prior to 01/01/2006, the minimum number of hours required is 30 hours. If you applied on or after this date, the number is 60 hours. You must complete these hours for either inactive or active renewal.
If your license is not renewed by the expiration date, you will have to stop working as a real estate licensee. To resume working, you must file a late renewal application and receive a new license.
NOTE: Salespersons under SAE must submit their education hours in core or related subjects to TREC at least 10 business days in advance of renewing their license online.
Renewal must be completed online at:
You are currently required to visit the web site listed above to
renew your Texas real estate license.
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MCE
Special Package Pricing:
Texas Renewal Packages -15 hours $99.00
See below to learn more about a course
- Deeds
- Estimating the Gross Living Area
- Home Inspection
- Liens, Taxes, and Foreclosures
- Real Estate Appraisal
- Real Estate Math
- Real Property Ownership & Land Use
- Real Estate Finance
- Asset Management
- NTREIS Listings Training
- TREC Ethics MCE
- TREC Legal Update MCE
TREC Ethics MCE
The purpose of this course is to provide guidance and discussion of the ethical requirements and concerns affecting Texas Real Estate Agents. First, the five canons of professional ethics and conduct are identified and discussed. Because agency relationships are critical to real estate transactions, this relationship is explored. Another relationship that is explored involves connections between parties in real estate transactions, including intermediary brokerage relationships and subagency. The relationship between a real estate agent and a client is a fiduciary one, requiring each agent to put clients’ interests first and adhere to the particular standards and ethics required by law. The varied responsibilities and duties of the real estate agent to different parties may often lead to conflicts of interest. Real estate agents must be aware of these potential conflicts and must also of how to prevent and deal with them.
The course discusses the specific requirements for agents in making offers to clients, disclosures of information, and resolving any disputes that may arise in the course of real estate transactions. When agents fail to meet the required ethical standards or satisfy other legal requirements they are subject to disciplinary action. This course includes case studies, which help to explore the ethical situations that agents may face, and the potential consequences that may occur when agents fail to behave in accord with the ethical requirements that govern their business transactions
TREC Legal Update MCE
The purpose of this course is to communicate recent updates, changes, and addendums to laws, regulations, legal definitions, and forms as they apply to real estate practice in the state of Texas. Since judicial interpretation provides the effective enforcement of these changes, a section containing several case studies is included in the course in order to illustrate the law in action in contemporary practice.
Deeds
A deed is a written instrument that is commonly used to convey the title to real property. Consequently, all real estate professionals must have a clear understanding of the uses and purposes of different types of deeds. This module also illustrates the difference between the concept of title and the concept of a deed.
The first lesson of this module reviews the requirements of a legally enforceable contract. A deed is a legal contract between two parties for land conveyance; therefore, the requirements for a deed to legally convey the title to real property are also reviewed and explained in detail.
The second lesson of this module covers types of deeds and their different uses. Types of deeds for voluntary land conveyance differ in the extent of covenants and warranties on the title that are offered to the grantee. The most common types of deeds for voluntary land conveyance are general warranty deeds, special warranty deeds, bargain and sale deeds and quitclaim deeds. The lesson then identifies other types of deeds that may be used for special purposes.
All states have distinctive legislation pertaining to title conveyance. As a result, the third lesson of this module outlines relevant state statutes that affect the creation and execution of deeds, including those that differentiate between the unauthorized practice of law and the lawful role of real estate professionals.
The last lesson in this module is a real estate practice lesson in which the student is presented with real world situations that licensees might face in the field. This lesson gives the student an opportunity to employ his or her new knowledge, and to use the material in this module to properly manage ethical predicaments and problematic transactions.
Approved Course Number(s):
03-00-100-7471
Estimating the Gross Living Area
ESTIMATING GROSS LIVING AREAS FOR RESIDENTIAL PROPERTIES
This course is deigned as a 3-hour course that teaches those in the real estate community about estimating gross living area.
We will cover broad issues and describe the procedures for measuring the total square footage of detached single-family homes and multi-family gross building areas. The methods employed are the industry standard for the calculation process and enable the users of this information to obtain accurate and reproducible measurements for total gross living area of residential properties. You will learn how to treat the finished areas above- and below-grade, the finished living area above the garage, and the unfinished areas within the structure. The standard will allow individuals and organizations to agree and cooperate in communicating these square footage quantities to users of this information.
This standard promotes these goals in the hope that square footage calculation can become an item of agreement rather than a point of contention between groups with different interests and concerns.
This Estimating Gross Living Areas for Residential Properties course utilizes interactive technology and audio in an appealing way to facilitate learning.
Upon completion of this course, the student will be able to:
• Define the American National Standard for Single-Family Residential Buildings (ANSI) and associated definitions.
• Understand the scope and purpose of the ANSI.
• Employ the calculation and measurement of square footage.
• Comprehend the Statement of Finished Square Footage.
• Calculate and measure estimated gross living area according to floor plans.
• Identify the different values associated with real property, namely market value.
• Determine the forces affecting market value.
• Apply the appraisal process with regards to the Bundle of Rights and the appraisal process flow chart.
• Define the Uniform Standards of Professional Appraisal Practice (USPAP) and various rules that accompany the USPAP.
• Identify the components of valuation analysis.
• Review a summary of the course and guidelines used for the estimation of the gross living area.
Approved Course Number(s):
03-00-100-7473
Home Inspection
As the market becomes more competitive, only a business comprised of well-rounded licensees who provide comprehensive advice will continue to stand out. This course instructs real estate licensees on the basics of home inspection. An understanding of this information will allow the student to serve his or her clients and customers better.
This course presents an overview of the home inspection business and explains how it fits into the real estate industry as a whole. In addition, the course covers the regulatory bodies and professional organizations associated with home inspection. At the conclusion of this course, the student will understand the methods used to inspect homes, will know what to look for when examining properties, both inside and out, and will understand the various types of inspection reports and the differences between them.
Upon completion of this course, the student will:
• Understand the development of home inspection in the inspection business.
• Appreciate an inspector's role at closing in residential sales transactions.
• Know the tools needed and conduct expected in the field.
• Distinguish various field report styles and know the benefits and drawbacks to each.
• Understand an inspector's professional liability.
• Recognize the steps in the examination process.
• Identify common misconceptions about home inspection.
• Value membership to a reputable, non-profit home inspection organization.
• Know the extent of home inspection legislation.
• Appreciate the different ways states regulate the home inspection industry.
Approved Course Number(s):
03-00-100-7475
Liens, Taxes and Foreclosures
This module discusses liens, taxes and foreclosures. There are many types of liens, as well as several kinds of taxes, that can attach to a parcel of real estate. When borrowers default on a debt, foreclosure is the process by which lienholders collect the unpaid portion of a debt. Because liens represent an interest in real property, it is crucial that real estate licensees develop an in-depth understanding of liens and lien-related issues. Such knowledge also helps licensees to better advise buyers and sellers.
The first lesson presents a general overview of liens. It explains the classification of liens and discusses the types of non-tax liens. Lesson two discusses taxes and tax issues, including ad valorem taxes, real estate tax computation, special assessments, real estate transfer taxes, federal income taxes, capital gains taxes and tax shelters for homeowners and investors. It also discusses the priority of liens. Lesson three addresses the methods of foreclosure, redemption, deficiency judgments, tips for homeowners facing foreclosure and fraudulent behaviors related to foreclosure.
The conclusion of this module presents real world dilemmas and applications of the information presented. As the student completes the module, he or she should try to paint a big picture of the issues surrounding liens, taxes and foreclosures, which the module addresses with comprehensive questions, activities and case studies.
Approved Course Number(s):
03-00-100-7477
Real Estate Appraisal
In order to own and convey property in a market economy it is necessary for that property to be assigned a specific monetary value. This process, unlike, say, that of assigning value to durable goods—which have specific materials, production and marketing costs—can be somewhat more involved. With property, the fixed costs—building materials and labor costs—are always accompanied by more esoteric factors that go to make property more (or less) valuable. Becoming a member of the group that understands and applies these factors is a bit more complex than simply being able to understand a balance sheet.
This course covers the theories, rules, duties and activities that guide the real estate appraisal process. An appraiser must also conduct him or herself professionally, ethically and honestly. There are guidelines regarding professionally and ethically correct behavior of appraisers as well which are also covered by this course. The entire appraisal process should be carried out in the best possible way for consumers and licensees as well as the real estate market.
Upon completion of this module, the student will be able to:
• Understand the basics of and common terms relating to real estate value estimation and appraisal.
• List the traits that a qualified appraiser must possess.
• Identify the value principles applied in the appraisal of property.
• Employ the value theories in the appraisal process to calculate the price at which property should be traded.
• Identify the characteristics that a real estate market should have to promote trade of property.
• Discuss the three value approached in detail.
• Pursue the eight steps of real estate appraisal to reach a purchase price for a property.
• Understand an appraisal report.
• Know the difference between an appraisal certificate and license.
Approved Course Number(s):
03-00-100-7480
Real Estate Math
COURSE DESCRIPTION:
This course covers math principles essential in the practice of real estate. Some of these topics may already be familiar to the student. The course will elaborate on how the subject matter pertains to real estate in everyday use. It is important that licensees understand the mathematical concepts presented here in order to be competent in the practice of real estate.
This Real Estate Math course utilizes interactive technology and audio in an appealing way to facilitate learning.
Upon completion of this course, the student will be able to:
• Name key terms used in real estate math problems.
• Apply fractions, decimals and percentages.
• Translate fractions into decimal and percentage forms.
• Determine the area and volume of a given object or parcel.
• Manipulate the principles involved in rate calculations.
• Grasp the concept of amortization.
• Comprehend the principles of prorating and how to apply them.
• Understand and solve for appreciation and depreciation.
• Identify and apply calculation formulas to determine value and profit.
• Apply interest rates and loan discount rates.
• Use equations to calculate interest.
Approved Course Number(s):
03-00-100-7481
Real Property Ownership & Land Use
The objective of this course is to impress the meaning of real property ownership and the difference between real estate and personal property on the student. Although these terms are commonly used interchangeably in everyday conversation, there are different rights associated with these different commodities. It is important that licensees understand the differences between them and are able to explain the distinctions to their clients and customers. This module addresses the following topics:
- Personal and Real Property Ownership
- Land Description
- Controlling Development
- Real Estate Practice Lesson
In accordance with TREC rules, Sections 535.71 and 535.72D, this module will describe how different commodities—land, real estate, and real property – transfer and are related and to one another. In addition, the student will learn about land use theory and come to understand how our federal, state, municipal and private authorities govern and plan our communities. This module covers legal descriptions as well as informal descriptions, the development of these concepts and the role they play in the real estate industry.
This module’s final lesson presents real-world dilemmas and provides opportunities to apply the information covered in the rest of the course. As the student completes this module, he or she should try to develop a broad understanding of real property use and to place this understanding within the larger context of real estate practice as a whole. This final lesson aims to help the student achieve this goal using comprehensive content questions, practice examples and case studies.
Real Estate Finance
This course provides an introduction to residential real estate finance, including information on how to underwrite FHA, VA, FNMA and FHLMC loans. Understanding this information will help the student assist his or her buyer- and seller-clients from the initial meeting, through the closing proceedings with basic financing and loan-qualification questions.
In accordance with TREC rules Sections 535.71 and 535.72D, in this course, you will learn the basics of the different types of loans available, loan applications, appraisals, escrow, titles and credit reports, including qualifying for loan amounts and verifying income and assets.
Upon completion of this module, the student will know how to calculate loan amounts, estimate monthly payments, property taxes, hazard and mortgage insurance (for conventional, FHA and VA) and qualifying ratios and income.
Learning Objectives
Upon Completion of this course, the student will:
- Understand the basic concepts of real estate financing, and the key terms involved
- Know how to qualify a buyer for the most common types of loans
- Be familiar with the use and function of escrow accounts
- Know what a Mortgage Insurance Premium is
- Know the underwriting guidelines and process
- Be familiar with the three most common types of loans: Conventional, FHA and VA
- Know the advantages and disadvantages of conventional loans
- Know how to use conventional qualifying ratios
- Know the advantages and disadvantages of FHA loans
- Know about the differing FHA qualification ratios
- Know the advantages and disadvantages of VA loans
- Be familiar with VA eligibility and qualification periods
- Be able to calculate the amount of VA entitlement used
- Be able to calculate VA loan amounts and required down payments
- Know the process and qualifications for assuming VA and FHA loans
- Be familiar with other types of loans available
- Know how to underwrite and close loans
Asset Management
Asset Management is the term used for the decision-making process involved in maximizing returns on real property investments. This process includes such decisions as whether or not to renew a lease for a tenant, purchase or lease more assets, improve, sell or rent one’s current assets, etc. The asset manager must be aware of market trends and indicators and must be able to accurately predict the cash inflows and outflows of his or her own holdings. This module provides an introduction to the basics of asset management. It introduces the student to the key ideas and concepts of management as well as the techniques a manager will use to evaluate the market and evaluate the financial impact of alternatives in order to make properly informed decisions. The student will learn how to handle distressed properties and how to successfully market a revenue-increasing strategy.
The module ends with case studies and real world practice, which will aid the student in becoming confident and familiar with the various aspects of asset management.
Learning Objectives
Upon completion of this module, the student will:
- Be familiar with the basic concepts of asset management
- Know what a Real Estate Investment Trust (REIT) is and the benefits of investing in one
- Understand the risks and rewards associated with real estate investment
- Know how to conduct a useful market study
- Be familiar with the common decisions faced by an asset manager
- Understand how interest rates affect the real estate market
- Be able to calculate the depreciation of residential and commercial real property held for business or investment
- Know how to create a pro forma projection for a real estate investment alternative
- Know the basics of a Discounted Cash Flow (DCF) analysis
- Be familiar with the financial ratio methods of valuation, including Price to Earnings Ratios and Cap Rates
- Know how to use the Net Present Value (NPV) and Internal Rate of Return (IRR) to compare the values of several alternatives
- Know the important factors to consider when refinancing
- Be familiar with distressed properties and how to handle them
- Be able to apply these concepts in the real world
NTREIS Listings Training
This NTREIS Listing Training course will introduce and familiarize the members of the North Texas Real Estate Information Services, Inc. with an Internet only based Multiple Listing Service and to assist them in their marketing ability to list and sell properties online. The course will focus on the ability to search for properties in a variety of ways, integrate tax information using an online tax database, create maps of properties and the areas around it, download pictures and virtual tours, set up auto-notification, find statistical reports, create a prospect data base and learn how to use the new transaction management online platform.
Approved Course Number(s):
02-00-059-5967
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The Texas 15 Hour Renewal Package #1 includes the following courses
- TREC Ethics MCE
- TREC Legal Update MCE
- Real Estate Appraisal
- Estimating the Gross Living Area
- Real Estate Math
The Texas 15 Hour Renewal Package #2 includes the following courses
- TREC Ethics MCE
- TREC Legal Update MCE
- Home Inspection
- Deeds
- Liens, Taxes and Foreclosures
The Texas Real Estate Commission requires a 24-hour waiting period after a course is started before it can be reported as complete. This means that after you have started a course, Classroom Online must wait at least 24 hours before reporting your status to TREC, regardless of the actual time you may have completed the course. Please understand that the day and time you start your course may require more than 24 hours passing before reporting your completion.
Please take this new waiting period into consideration when choosing to start your course, especially if you are extremely close to your expiration date.
For additional information regarding TREC’s new reporting policies, please visit http://www.trec.state.tx.us/
Approved Course Number(s):
03-00-108-5398
03-00-108-5392
03-03-127-5367
03-00-108-5391
In cooperation with the Texas Real Estate Commission, the Real Estate Center at Texas A&M University developed this real estate legal update curriculum with the assistance of an advisory committee of active licensees, attorneys and education providers. Real estate licensees are encouraged to acquire additional information and to take courses in specific, applicable topics.
Regulatory Requirement
Our staff works diligently to provide you with an analysis of current mandates and legislation that affects you the licensee. All information pertaining to the Mandatory Continuing Education requirements can be found on the State Requirements page.
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Course Completion
Affidavits can be found by clicking the Help link in the navigation bar on the Course Catalog. The affidavit will also be available to print upon course completion.
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Testing
Quizzes - There is a quiz at the end of each lesson to test comprehension of the subject matter.
Final Exam - Passing Grade 70%. You can take the final three times.
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About The Subject Matter Expert
Course designed, written and maintained by 360Training. Course material questions can be directed to our Instructor of Record at Instructor.RE@360Training.com. Instructional support questions are returned within 24 business hours with answers provided by a qualified professional in your field through our network of subject matter experts.
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Support
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COURSE FEATURES
A secure, reliable and
accurate learning experience or your money back.
Entirely self paced
Virtually anywhere - Virtually anytime
No broadband required.. dial up ok
Course is totally Interactive using "Flash" featuring interactive characters and full audio- There is no waiting on slow, read-only pages.
Student may log in & 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 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.
Sales Support Questions
877-250-4435
Online final exams
Cities served:
100% online; take it any time day or night, All at once or start and stop
New "24 hour MCE Rule" -
12/6/2007
As of Sept 1, 2007, a licensee who takes an online MCE course will not be allowed to complete an online course in less than 24 hours. If a licensee has paid their renewal fee and begins an online MCE course for renewal purposes on the day their license expires, credit will not be awarded for completing the course on that day (regardless of how many hours credit the course awards). If this occurs, the licensee's MCE will be considered late and a $200 Late MCE penalty fee will be assessed.
Sales Support Questions
877-250-4435
