Steps to Becoming a Licensed Broker in Texas
Every day more real estate agents are deciding they want the economic advantage of owning their own brokerage. Becoming a broker is a great step towards advancing the career of any real estate agent. Below we have outlined the complete set of requirements for any Texas based realtor to get their broker's license and be well on their way to opening their own office.
Step One: Meet Texas Real Estate License Requirements
Citizen of the United States or lawfully admitted alien
18 years of age or older
Resident of Texas, unless you:
Were licensed in Texas as a sales agent or broker in the last two years; or are licensed as a broker in another state.
Meet TREC’s qualifications for honesty, trustworthiness, and integrity. Consider requesting a Moral Character Determination before applying for the license.
Step Two: Complete Your Qualifying Education
270 classroom hours of qualifying real estate courses, including the following mandatory courses:
Principles of Real Estate I (30 classroom hours)
Principles of Real Estate II (30 classroom hours)
Law of Agency (30 classroom hours)
Law of Contracts (30 classroom hours)
Promulgated Contract Forms (30 classroom hours)
Real Estate Finance (30 classroom hours)
Real Estate Brokerage (30 classroom hours)
Important: The Real Estate Brokerage course must be completed not more than two years before the application date.
An additional 630 classroom hours in related qualifying courses acceptable to the Commission or approved Continuing Education (CE) courses.
A bachelor’s degree or higher from an accredited college or university satisfies all of the related education requirements for a broker license. A copy of the college transcript awarding the degree must be submitted as evidence of completion of the degree.
Education course completion documents must be submitted to TREC after applying online or with your paper application. (Details Below)
To obtain the evaluation of your education documents, submit a Request for Evaluation of Education Documents from TREC.
Step Three: Application to TREC
Appling with TREC before you register for the exam is key. You will be issued an ID number by TREC before you take the test.
File your Application (Online or by Mail)
Submit your application and fee to become a Broker using our Online Services. If you don’t already have a username and password for our Online Services, register now. If you have registered online with TALCB or TREC in the past, log in now.
If you prefer, you can also apply for a broker license using our paper application. This may take longer to process and you will need to pay a paper filing fee.
Step Four: Get your Fingerprints Taken and Pass Your Background Check
You are required by law to have fingerprints on file with the Texas Department of Public Safety (DPS) so a background check can be performed. Fingerprints on file for other agencies will not be accepted.
A license will not issue if the background check has not been passed. Expect a delay if you are notified of an investigation into your background history.
Step Five: Meet the Experience Requirements
Have at least four years of active experience as a licensed real estate sales agent or broker during the 60-month period preceding the filing of the application
Your experience must total 3600 points and be reported on the Qualifying Experience Report for a Broker License. You must also include a transaction identification list for each transaction claimed on the experience report.
Step Six: Take the Exam
Real Estate Broker Licensure Exam in Texas administered by an outside testing agency. The exam fee is $59.00; the fee to re-take exam is $59.00 as well.
Tips: The Texas salesperson exam is divided into two parts.
Part One – National portion (105 minutes to complete exam)
Part Two a ꟷ Texas specific part (45 minutes to complete the exam).
This exam is taken on a computer. You will be allowed to take only a simple function calculator for the math portion of your exam.
You will need two forms of ID: One ID government issued with photograph (Passport, Driver’s license, state ID); the other form of ID must have a preprinted name with signature.
How to Run a Successful Brokerage
Successful real estate brokerages have one thing in common. They have an organized and consistent process in their workflow. This helps owners keep track, close deals faster, and keep everyone happy, staff and customers included. A great way to do this is through Emphasys Software's Real Estate commission software; this will provide mission specific functionality that completely automates your brokerage. Our system can transform your business into the competitive and lucrative operation professionals dream of.
- Efficiently sort through paper work
- Create a consistent and manageable flow
- Lead generation
- Closings and accounting
- Helpful integrations
- Direct link with MLS
Our main goals are to help brokers save time managing day-to-day operations, get detailed insight into production data and remain in compliance with all real estate regulations. No more wondering how to set up commission structures, managing sliding scales, and real estate checklists . Emphasys Software's time-tested solution is great for satisfying all the aspects of your business needs and more.