| (H) Compensation Models - 60 minutes;
(I) Characteristics of a Successful Sales Agent - 150
minutes;
(J) Understanding Clients - 90 minutes;
(K) Negotiating and Selling Skills - 120 minutes;
(L) Steps to Executing Agreements - 50 minutes; and
(M) State and Federal Laws - 90 minutes;
(N) Ethics and Real Estate Professionalism - 150 minutes;
(3) Real Estate Math, which shall contain the following
topics, the units of which are outlined in the REMath-0, Qualifying
Real Estate Course Approval Form, Real Estate Math, hereby adopted
by reference:
(A) Introduction to Real Estate Math - 150 minutes;
(B) Review of Mathematical Logic Formulas - 150 minutes;
(C) List Price, Sales Price and Net Price - 50 minutes;
(D) Property Mathematics - 120 minutes;
(E) Appreciation & Depreciation - 60 minutes;
(F) Real Estate Taxes - 100 minutes;
(G) Mathematics of Real Estate Finance - 400 minutes;
(H) Appraisal Methods - 100 minutes;
(I) Closing Statements - 180 minutes;
(J) Investment Analysis - 90 minutes;
(K) Commercial Lease Calculations - 100 minutes;
(4) other than Property Management, Real Estate Marketing,
and Real Estate Math meet the requirements of §1101.003 of the
Act; or
(5) Residential Inspection for Real Estate Agents (or
equivalent), which shall include but is not limited to:
(A) repair-related contract forms and addenda;
(B) inspector and client agreements;
(C) inspection standards of practice and standard inspection
report form;
(D) tools and procedures;
(E) electromechanical systems (plumbing, heating, air
conditioning, appliances, energy-saving considerations); and
(F) structures (lot and landscape, roofs, chimney,
gutters, paved areas, walls, windows and doors, insect damage and
storage areas).
(c) Related qualifying course. Acceptable related qualifying
courses are those courses taken for credit from an accredited college
or university, or course approved by the Commission for continuing
education credit, that a broker is required to take to fulfill licensing
requirements, in any one of the following areas:
(1) accounting;
(2) advertising;
(3) architecture;
(4) business or management;
(5) construction;
(6) finance;
(7) investments;
(8) law;
(9) marketing; and
(10) real estate.
(d) Course Approval forms. All forms adopted by this
section are available from the Texas Real Estate Commission, P.O.
Box 12188, Austin, Texas 78711-2188, www.trec.texas.gov.
|
| Source Note: The provisions of this §535.64 adopted to be effective January 1, 2015, 39 TexReg 9669; amended to be effective January 1, 2016, 40 TexReg 8226; amended to be effective May 23, 2016, 41 TexReg 3695; amended to be effective September 7, 2016, 41 TexReg 6738; amended to be effective March 6, 2017, 42 TexReg 1028 |
