Are you considering a career in real estate in Texas? You are on the right path because real estate is a lucrative field that offers a great deal of growth potential. In the future, you could be working for a big firm or opening your own independent brokerage. However, you will first need to get a real estate license to be a legally recognized professional and win the confidence of your clients.
You must understand the cost of a real estate license in Texas before you start on the journey to obtain this crucial document. In this piece, we look at what comprises the cost of a real estate license in Texas, to help you prepare adequately and start the process on the right foot.
Cost of real estate school
To get your real estate license in the Lone Star State, you need to enroll in an approved real estate course. One of the vital questions you need to ask yourself is “How much is a real estate school in Texas?
The good news is that you have many options to choose from because many accredited institutions offer the required 180-hour Texas real estate course. You can also decide to study online, in the traditional classroom set-up, or through a hybrid system.
Choosing online real estate courses can help you save on the cost of a real estate license in Texas because you will save on commuting, accommodation, and other costs. Also, online costs are generally cheaper than classroom-based courses and you have different packages you can choose from to suit your needs and budget.
If you’re looking for one of the best online real estate courses in Texas, you can click this over here now. The cost of pre-licensing education can be anywhere between $300 and $1000, or higher, depending on the institution you choose and any other costs you may need to foot to complete your course.
Texas real estate license examination fee
As you compute the cost of a real estate license in Texas, you need also to consider the examination fee. So, you must address the question, “How much is the real estate exam in Texas?”
You must pass the real estate licensing exam administered by Pearson VUE. The exam fee is usually in the range of $40 to $60 so you should have that amount ready. The exam assesses the aspiring real estate agent’s knowledge of Texas real estate laws, principles, and practices.
License application fee
The final stage is to submit an application for a real estate license to the Texas Real Estate Commission after passing the real estate exam. For the application, you must pay a fee of around $250. The fee covers the processing and issuance of the license once it is approved.
It is also worth noting that you must pass a criminal background check as part of the license application process. The cost of the check is included in the overall application cost.
Additional costs
In your computation of the Texas real estate license cost, you need to also consider that you may need to pay other additional costs including the cost of study materials, technology tools, and other sundries. You also need to bear the cost of license renewals, and continuous education after getting your license and even membership subscription fees to professional associations.
Conclusion
The cost of a real estate license in Texas is made up of several expenses, such as pre-licensing education costs, exam fees, application fees, and other extras like study materials and other items. It is up to you to do your homework well to get the best deals, especially for the pre-licensing course, so you cut your costs.
