98-Hr. TX SAE Package (includes Legal Update I and II)

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

Texas real estate license holders should be conversant with the latest laws and standard practice updates that impact the real estate industry in Texas. This course comprises a comprehensive discussion about various laws, regulations, and guidelines directly affecting license holders’ practice of real estate. Scenarios and case studies are woven throughout the content to illustrate practical applications of pertinent points, as well as consequences when a license holder fails to comply.

This four-hour course provides license holders with a strong foundation in the latest legal and ethical procedures. Without such, license holders can place themselves—and their clients—in risky circumstances.

Course highlights include:

• TREC rules and updates
• TREC advisory committees
• Key legislative updates from the 89th Texas Legislature
• Broker-Lawyer Committee and TREC contract forms
• Mandatory vs. voluntary use of TREC contract forms
• Matching contract forms with transaction types
• Water rights and types of water
• Distinguish groundwater from surface water
• Licensee’s role regarding water rights in real estate transactions
• History of fair housing in Texas
• Fair housing complaint trends and investigations
• Steering
• Fair housing advertising and marketing prohibitions
• Fair housing best practices
• Rental properties and disability rights
• Assistance animal requests
• Reasonable accommodations requests

The Texas Real Estate Commission (TREC) Legal Update I and II courses are four hours of curriculum each. This online course, Legal Update II, includes four main topics: agency, TREC disclosures, representing veterans and military service members, and enforcement, case studies, and commission practices.

This four-hour course reinforces the Canons of Professional Ethics and Conduct and the fiduciary duties license holders owe to consumers, reviews the allowable duties of unlicensed assistants and transaction coordinators, presents the role, risk, and benefits of using artificial intelligence (AI) in your real estate business, considers benefits of VA loans for both buyers and sellers, and emphasizes the importance of compliance with TREC rules, advertising guidelines, and best practices.

Course highlights include:

• Chapter 531 TX Canons of Professional Ethics and Conduct
• Texas agency relationships
• TREC advertising rules
• Transaction coordinators, showing agents, and unlicensed assistants
• Role of AI in real estate business
• Risks and benefits using AI
• History of the VA loan
• Benefits and considerations about the VA loan for buyers and sellers
• Texas Veterans Land Board Lending Program
• TREC complaint process and common violations
• TREC case studies and best practices