How to get a real estate license in Texas
AUSTIN, Texas (AP) When I moved to Texas about two years ago, it was a dream come true.
My wife, a realtor, had been living in New York City for five years.
We were living on our own in a renovated home we built with the help of a real-estate license I had bought for $2,000.
Now it’s been years since I’ve visited the city.
I’m still not there, but I’m making a lot of progress in my search for a realtors license, and I’m getting a lot more excited about it.
And that’s because I have a real problem: My wife doesn’t like realtorship licenses.
They are expensive, she says.
The state requires licenses for a variety of purposes, including for commercial real estate and to operate real-time licensing systems.
The real estate licenses can be sold at auction, or bought by an individual, which is what my wife did when we bought the home.
That didn’t sit well with her.
“We’re very proud of the house and the job we did, but she doesn’t really like real estate,” says Sarah, who has a bachelor’s degree in business administration.
Sarah and her husband, Josh, also a realty broker, moved to Austin from New York in 2010 and bought the house in 2016 for $400,000, but it was still a rental property and the real estate broker had no license.
“There are a lot ways to deal with it, but we thought it was the wrong decision to sell it,” she says of her decision to take on the license.
Sarah, 29, says she had to raise more money than her initial $1,500 to pay for the realty license.
I don’t think I would have done it if I didn’t have the money.
But she has no regrets about taking on the licenses, and says she hopes to keep her current position after she finishes her MBA.
Sarah says she didn’t even realize it was possible to get real estate in Texas.
“It just seemed like a crazy idea to me,” she recalls.
“I don’t want to be a burden on my family.”
Real estate licensing in Texas varies widely.
Some states, such as New York, require licenses for commercial and residential real estate transactions.
The license is issued by a licensed real estate agent, who can sell a property to anyone with a valid credit card.
Real estate licenses are not issued for commercial purposes.
But Texas real estate brokers are required to get licenses for residential properties.
For the past two years, the license has been in demand.
But Sarah says it has been difficult to get one for her house because she didn.
Sarah’s real estate brokerage company, Realtor Associates, has licensed the home to me and my husband, and it is paying us about $2 per hour to handle the license application process.
“You can’t go into a broker shop with no license, so I don, too,” Sarah says.
“So we’re just trying to find a way to keep working.”
Sarah says her experience with the realtory license has not been without problems.
“They are very, very, expensive,” she said.
“That’s why I bought it.
I paid $2K for it.”
She says her realtor broker has a number of problems with the licensing process, including her asking her questions about how to best make the home more inviting for her husband to visit.
Sarah said she has asked him questions such as, “Do you think it’s too small?”
“Is there a lot in the living room?”
“How does it look on a map?”
When I brought up this with him, he said, “I have no idea how it looks on a scale.”
The broker says he’s been trying to resolve these issues by providing a real life example for Sarah.
“When I’m not in the house, we’ve been living on the phone,” he said.
The broker has also offered to pay her to have a “family-friendly” birthday party for the two of them.
Sarah thinks that’s a great idea.
But other real estate professionals say the process is frustrating and expensive.
“The licensing process is not easy,” says John, a licensed commercial realtor from Florida.
“And we all know the realtor is a professional and they are supposed to be on top of everything.
But it’s also expensive.
And it’s not always the best solution.”
“I think that’s one of the problems,” says Jessica, a registered realtor who works in Texas with her husband.
“If I don the license and I don it properly, there’s no reason for me to keep doing it.”
“It’s not a perfect system,” says Jon, a broker from North Carolina who works with a group of about 50 people in the Texas area.
“But it’s a good one.”
But realtor licensing