90-Hr. TX SAE Package
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This package includes 90 mandatory hours required to satisfy the Texas Post-Licensing (SAE) requirement. It does NOT include Texas Legal Update 1, Texas Legal Update 2, or the 6-hour Broker Responsibility (BR) course for licensees who have been made a supervisor by their broker.
This Post-Licensing package contains the following Texas Post-Licensing (SAE) courses required of licensees in their first renewal cycle which must be completed on or before the expiration date of the license of the first renewal:
- Texas SAE: Real Estate Appraisal (30 mandatory hours)
- Texas SAE: Real Estate Investment (30 mandatory hours)
- Texas SAE: Real Estate Brokerage (30 mandatory hours)
This course covers real estate appraisal topics geared toward real estate licensees. No, you're not an appraiser, but the state requires licensees to have a thorough understanding of the appraisal process. Why? Several reasons. Among these:
- Most transactions are dependent on financing and financing requires an appraisal.
- An understanding of valuation methods used by appraisals will assist you in performing more realistic comparative market analyses.
- When properties don't appraise, sale fails can occur. An understanding of how an appraiser arrived at a value estimate will help you decide whether it's worth contesting the appraisal.
Topics include central purposes and functions of an appraisal, social and economic determinant of value, cost, market date and income approaches to value estimates, final correlations, and reporting. The course also includes case studies.
As an asset class, real estate is in a class by itself. Where can you put 10% down and receive profits on the appreciation of 100% of the asset--and even depreciate the appreciating asset?
Whether you're serving real estate investors or would like to become one, you'll want to ensure you're up to speed on the risks and rewards of this exciting asset class.
This course covers the principles, pros, and cons of investing in the real estate market, how to do feasibility studies, tax laws affecting real estate investments, and financing options available to investor. The course also examines real estate investment by property types: residential, commercial, industrial, and other opportunities.
In this course, licensees learn everything they need to know about starting and operating a real estate brokerage business: how to plan for and organize the firm, both structurally and financially; how to effectively staff, train, and manage the organization; how to position the firm for success and growth through detailed market planning and analysis. In short, all the information they need to build a sustainable and profitable brokerage firm.
This 30-hour mandatory course fulfills the Texas Real Estate Commission’s requirements for the 30-hour Brokerage Post-Licensing course.
Course highlights include:
- Planning and organization of a brokerage business
- Operational policies and procedures
- Records and controls
- Recruitment, selection, and training of personnel
- Real estate business analysis
- Risk management
- How to maintain ethical standards and legal compliance
State Requirements For Texas
Texas State Requirement Details for Real Estate Post-Licensing Education
If you are renewing for the first time, active or inactive, you must have a total of 270 qualifying real estate course hours, 4 hours of TREC’s Legal Update I, and 4 hours of TREC’s Legal Update II posted to your license record prior to submitting your renewal. If you have been made a supervisor by your broker, you must also complete the 6-hour Broker Responsibility course to renew.
If you submitted a total of 180 hours to satisfy the initial education requirements, you may complete the courses below to satisfy your first renewal.
Hours Required by the State: 98 hours
- 30 hours in Real Estate Appraisal
- 30 hours in Real Estate Brokerage
- 30 hours in Real Estate Investment
- Texas Legal Update I (4 hours)
- Texas Legal Update II (4 hours)
Note: If you are a supervising agent you will need to complete the 6-hour broker responsibility course as part of your required education.
TEXAS REAL ESTATE REGULATORY AGENCY:
Texas Real Estate Commission
Street Address: Stephen F. Austin Building, 1700 N. Congress Ave., Suite 400, Austin, TX 78701
Mailing Address: P.O. Box 12188 Austin, TX 78711-2188
Telephone: 512-936-3000