Building a real estate career in Texas is one of the best investments you can make today. Many people who have ventured into this industry can now make a decent living because real estate is growing by the day. However, you must obtain a real estate license after meeting all the requirements set by the Texas Real Estate Commission (TREC).
You’ll also need enough finances to cover the real estate license Texas cost. If you are unsure about the amount, this article will guide you through everything you need to know.
The Cost of Pre-Licensing Education
TREC requires students to take a 180-hour pre-licensing course as one of the requirements to apply for the license. This course is offered by licensed and certified schools for a fee.
So, how much is a real estate license in Texas? If you take your time, you can compare different popular online schools to find an average cost. However, you could also try a reliable online real estate school that charges between $249-934 for the 180-hour course, plus other learning materials.
It is easy to choose a package that suits your needs from such an education provider. If you are interested, view it now to find the real estate license cost Texas.
The Cost of the State Exam
Besides the course, which takes most of the time and money, the real estate license Texas cost also includes the state exam fee. You need to book this exam as soon as you are ready because you cannot proceed unless you pass.
How much is the real estate exam in Texas? The testing body, Pearson VUE, charges $43 per attempt. This means that you must pay again each time you fail, so prepare well for it.
Another cost that might be involved in this stage is the cost of buying state exam preparation materials, which may vary depending on the source. Make sure to compare options to get a clear idea of the cost. Some reputable real estate schools may offer this guide at an extra fee as part of one of their packages.
The Cost of the Fingerprint Report
Another realtor license Texas cost to take into consideration is the fingerprint check fee. It costs $38.25 for TREC to scan your fingerprints and provide your history. You can do this through a certified DPS location and pay for it the same day they take your fingerprints.
Fingerprint scanning checks your criminal history because TREC, and the entire US, requires only people with no record to proceed with a real estate career. After all, you will be dealing with customers’ investments when you start your career.
The Cost of Getting a Sponsor or Joining an Association
You also need to consider the real estate license Texas costs associated with obtaining a sponsor and joining a real estate association. Although many sponsors may not charge, some ask for an onboarding fee or desk fee, which you must prepare just in case.
Additionally, if you need to join an association right now, it is crucial to understand the cost. Do your research carefully to find all the costs involved at this level.
The Cost of Texas Real Estate License Application
Lastly, you will be charged about $185 as an application fee paid to TREC. This covers the two-year license applicable after meeting all the set requirements. You will pay this at the time of application.
Final Thoughts
From the breakdown above, you should now have a good idea of the total real estate license Texas cost. It’s definitely something you’ll need to prepare adequately for, right? If you are on a tight budget, consider finding an affordable online real estate school and choose the most basic package. You can also look for free exam preparation materials to save more money. Otherwise, most of the other real estate license in Texas costs are fixed, and there is nothing you can do about it if you need to build your new career.
