180 Hr Ultimate Success
Salesperson License Package
Texas Real Estate
License Online
Our Ultimate package includes the 180 hour
6 required Prelicense courses
This package contains the following 6 Basic courses:
- 0121 Real Estate Principles I (PDF with Quizzes)
- 0122 Real Estate Principles II (PDF with Quizzes)
- 1151 Law of Agency (PDF with Quizzes)
- 1251 Law of Contracts (PDF with Quizzes)
- 351 Promulgated Contract Forms (PDF with Quizzes)
- 451 Real Estate Finance I (PDF with Quizzes)
Plus
- Texas Salesperson Exam Prep
- Real Estate Math (Not a Required Course)
- Using the Internet to Serve Clients (PDF) (Not a Required Course)
(Our 180 hour Prelicense and 98 hour SAE courses are not printable)
Principles of Real Estate I
- Principles of Real Estate I -- a Texas Real Estate Commission mandatory 30 hour core course that is the foundation for the beginning real estate agent.
- The purpose of this course is to give students a brief synopsis and overview of real estate:
- How real estate is transferred, the documents used in transferring it, the rules and laws by which real estate agents will perform, the meaning of representation and how and why properties are appraised.
- The course will begin with the concepts of ethics in the field of real estate. It will further on cover real property ownership and land use and the Texas license law.
- Also discussed within this course are contracts, purchase and sale agreements, the rules of fair housing in real estate and the laws of agency.
Principles of Real Estate II
- Principles of Real Estate II is a Texas Real Estate Commission mandatory 30 hour core course that is the foundation for the beginning real estate agent.
- The purpose of this course is to give students a continuation of a brief synopsis and overview of real estate:
- real estate financing,
- how title to property is transferred,
- title closing,
- basic real estate math,
- the specialty area of leasing and property management,
- the principles of investment and control of land use.
- The course will cover broad topics ranging from titles and records to property Management. Also discussed in this course will be deeds, liens, taxes and foreclosures.
- Student will also learn about listing agreements, closing and settlement costs, how to value and appraise a property, basic financing policies and regulations, real estate math and leases.
Law of Agency
- The purpose of this course is to give new licensees an overview of the concept of agency. Agency law has evolved over the past decade
- It is of utmost important for agents to have an understanding of their responsibilities in representing buyers and sellers.
- This course covers broad aspects relating to agency relationships, particularly principal-agent and master-servant relationships. It also covers the issues relating to the authority of an agent,
- the termination of an agent's authority, the fiduciary and other duties of an agent, Senate Bill No. 489, agency contracts, employment law, and the disclosure of agency.
Law of Contracts
- The purpose of this course is to give students a basic understanding of the basic paragraphs of the contract (what they actually mean I layman's terms)
- The purpose is also to give students the opportunity to not only have the knowledge of contracts but also to fill out contracts.
- This course covers broad aspects relating to the elements of a contract, offer and acceptance, contract law and use of contracts, Also
- The statute of frauds, the residential contract, presenting offers and licensee's responsibilities, HUD settlement and closing costs and FHA and VA contract information
Finance One
- This course provides an introduction to residential real estate finance information on how to underwrite FHA, VA, FNMA, & FHLMC loans.
- In this course, the basics are discussed regarding applications, appraisals, escrow, title, and credit reports, which includes FICO, qualifying for loan amounts, and verifying income and assets.
- You will also learn how to calculate loan amounts, affordable monthly payments, property taxes, hazard and mortgage insurances (Conventional and FHA), qualifying ratios and income.
Texas Promulgated Contracts
- When representing buyers and sellers, one of the most important things a real estate licensee does is to prepare and review offers for them by filling in the blanks of promulgated forms.
- In order to be knowledgeable, as required by the Cannons of Professional Ethics, it is necessary for licensees to not only know what goes in the blank but what is in the pre-printed portion of the contact.
- Licensees may not give legal advice and must advise the parties to seek help from their own attorney if a question arises regarding legal rights or remedies.
- Licensees can, however, point out to the parties the verbiage in the contact form. To fulfill that role licensees must be completely familiar with the forms.
At the conclusion of this course you will be able to:
- •Fill in the blanks of the promulgated forms properly
- •Understand when to use an Amendment
- •Know the difference between addenda and notices and their roles
- •Be aware of the business details covered in the contract
- •Be knowledgeable about the promulgated addendum
- •Know when you are crossing the line and defining legal rights and when the parties need the assistance of an attorney
- •Be able to explain the parties options under the contract
- •Be aware of potential legal problems and know when to encourage the parties to seek legal advice
SAE courses (Salesman Apprentice Education)
Required within 2 years of initial licensure
SAE courses
Real Estate Marketing: Principles of Business
Real Estate Brokerage
- This is the required course to obtain your broker’s license. A course that concentrates on successful and innovative recruiting and retention strategies–the central focus of any viable real estate enterprise.
Appraisal
- Appraisal (#0211) students learn from professional appraisers the art of establishing value to residential properties. A complete understanding of how value is established, as well as learning what lenders require and are looking for in their decision to loan a buyer funds to complete the purchase, is gained upon completion of this important course.
TREC Sales Agent Apprentice Education per TREC
Licensed Sales Agents who applied on or after September 1, 2012 must show evidence of having completed a minimum of 90 hours in qualifying real estate education and 4 hours in Legal Update I and 4 hours in Legal Update II prior to the first two year license term, for a total of 270 hours by the end of the second year of licensure. See the appropriate text and chart on the Sales Agent Apprentice Education (SAE) requirements page.
Cover sheet to be used when faxing or mailing SAE course completion certificates to TREC.
