This course provides an introduction to residential real estate finance and intensive processing training in FHA, VA, FNMA, & FHLMC loans. The aim of this course is to strengthen a student's knowledge of real estate financial terminology as well as to develop practical understanding of the loan underwriting, borrowing and funding process.

Course Outline

This 30 hour post-licensing course bundles the following topics into one package to help real estate sales persons and brokers achieve greater success: How to build a Successful Business, Skills for Professional Success, Pricing to Financing Properties, and risk management.

Course Outline

Course Outline

Principles of Real Estate II is a Texas Real Estate Commission mandatory 30 hour “core” course that is the foundation for the beginning real estate agent. The purpose of this course is to give students a brief synopsis and overview of real estate: real estate financing, how title to property is transferred, title closing, basic real estate math, the specialty area of leasing and property management, the principles of investment and control of land use.

Course Outline

Individual course details below

Individual course details below

This package includes:
Texas Real Estate Ethics Update & Texas Real Estate Legal Update

Individual course details below

Upon completion of this course, the student will be able to recognize and apply the Canons of Ethics, name the five canons, explain the complexity of agency relationships, illustrate what constitutes proper identification in advertising, apply fair housing laws and demonstrate knowledge of how to respond to the presentation of multiple offers.

TREC # 03-03-127-5366

Upon completion of this course, the student will be able to recall changes in the Real Estate License Act in 2005, recognize other legislative changes, such as those affecting foreclosure procedure, explain changes in the Texas Timeshare Act, discuss the Line of Credit Draw Procedure, list finance code changes, defend new solicitation rules, identify common mistakes made in completing contractual forms and distinguish between former and revised contractual forms.

TREC # 03-03-127-5367

This course provides an introduction to residential real estate finance, including information on how to underwrite FHA, VA, FNMA and FHLMC loans. Understanding this information will help the student assist his or her buyer- and seller-clients from the initial meeting, through the closing proceedings with basic financing and loan-qualification questions. Upon completion of this module, the student will know how to calculate loan amounts, estimate monthly payments, property taxes, hazard and mortgage insurance (for conventional, FHA and VA) and qualifying ratios and income.

Course Outline
TREC # 03-00-057-4300

Asset Management is the term used for the decision-making process involved in maximizing returns on real property investments. This process includes such decisions as whether to renew a lease for a tenant, purchase or lease more assets, improve, sell, or rent one’s current assets, etc. It introduces the student to the key ideas and concepts of management as well as the techniques a manager will use to evaluate the market and evaluate the financial impact of alternatives in order to make properly informed decisions. The student will learn how to handle not only well-established properties, but distressed properties as well.

Course Outline
TREC # 03-00-057-4299

In order to own and convey property in a market economy it is necessary for that property to be assigned a specific monetary value. This process, unlike, say, that of assigning value to durable goods—which have specific materials, production and marketing costs—can be somewhat more involved. With property, the fixed costs—building materials and labor costs—are always accompanied by more esoteric factors that go to make property more (or less) valuable. Becoming a member of the group that understands and applies these factors is a bit more complex than simply being able to understand a balance sheet. This course covers the theories, rules, duties and activities that guide the real estate appraisal process.

Course Outline
TREC # 03-00-108-5390

This course introduces you to Fair Housing issues when dealing with relocation clients. Businesses are now willing to bring the perfect candidate to them, regardless of where that candidate may reside. Out of this need to find increasingly specialized and qualified individuals developed what is now the relocation business. This course is important for relocation professionals and real estate licensees as it will help them serve the people and companies who need relocation assistance and may not be familiar with will Fair Housing law and issues.This Fair Housing & Diversity: Focus on Relocation course utilizes interactive technology and audio in an appealing way to facilitate learning.

Course Outline
TREC # 03-00-108-5391

The objective of this course is to impress the meaning of real property ownership and the difference between real estate and personal property on the student. Although these terms are commonly used interchangeably in everyday conversation, there are different rights associated with these different commodities. It is important that licensees understand the differences between them and are able to explain the distinctions to their clients and customers.

Course Outline
TREC # 03-00-108-5392

This course covers broad issues and describes the procedures for measuring the total square footage of detached single-family homes and multi-family gross building areas. The methods employed are the industry standard for the calculation process and enable the users of this information to obtain accurate and reproducible measurements for total gross living area of residential properties. You will learn how to treat the finished areas above- and below-grade, the finished living area above the garage, and the unfinished areas within the structure. The standard will allow individuals and organizations to agree and cooperate in communicating these square footage quantities to users of this information

Course Outline
TREC # 03-00-108-5393

This course covers math principles essential in the practice of real estate. Some of these topics may already be familiar to the student. The course will elaborate on how the subject matter pertains to real estate in everyday use. It is important that licensees understand the mathematical concepts presented here in order to be competent in the practice of real estate. This Real Estate Math course utilizes interactive technology and audio in an appealing way to facilitate learning.

Course Outline
TREC # 03-00-108-5394

As the market becomes more competitive, only a business comprised of well-rounded licensees who provide comprehensive advice will continue to stand out. This course instructs real estate licensees on the basics of home inspection. An understanding of this information will allow the student to serve his or her clients and customers better. This course presents an overview of the home inspection business and explains how it fits into the real estate industry as a whole. In addition, the course covers the regulatory bodies and professional organizations associated with home inspection. At the conclusion of this course, the student will understand the methods used to inspect homes, will know what to look for when examining properties, both inside and out, and will understand the various types of inspection reports and the differences between them.

Course Outline
TREC # 03-00-108-5395

A deed is one of the most common instruments of title conveyance and all real estate professionals need a clear understanding of a deed’s use and purpose. This course illustrates the difference between title and a deed, as well as the statutes pertaining to and the attributes of lawful conveyance. We detail the terms of a valid contract and discuss the statutes of frauds that apply to all contracts, including deeds. Grouping deeds into two categories, those with warranties and those without, we study the types of deeds and their different uses. All states have their own relative legislation pertaining to title conveyance. This course outlines relevant Texas statutes that impact deeds, including those that differentiate between the illegal practice of law and the lawful role of real estate professionals.

Course Outline
TREC # 03-00-108-5396

This course discusses liens, taxes and foreclosures. When borrowers default on a debt, foreclosure is the process by which lien-holders collect the unpaid portion of a debt. Because liens represent an interest in real property, it is crucial that real state licensees develop an in-depth understanding of liens and lien-related issues. Such knowledge also helps licensees to better advise buyers and sellers. The first lesson presents a general overview of liens, explains the classification of liens and discusses the types of non-tax liens. We also include a discussion about the priority of liens and the methods of foreclosure, redemption, deficiency judgments, tips for homeowners facing foreclosure, and scams related to foreclosure.

Course Outline
TREC # 03-00-108-5397

Relocation presents an array of new challenges and opportunities to all real estate professionals. We explain how relocation affects the roles of various real estate professionals, including appraisers, home inspectors and real estate salespersons, and brokers. We walk the student through a relocation transaction, covering the assignment, or re-assignment, of an employee through the selling of the employee’s home. Some of the steps in this process require specific explanation. This course covers those points in specific lessons; for example, we devote one lesson to how different companies manage relocation and the types of programs that they commonly institute. These concerns include disclosure law, agency, tax law, fair housing, and non-discrimination issues.

Course Outline
TREC # 03-00-108-5398

This course will introduce the student to the closing statement (also called a “settlement statement) is a document that provides a detailed list of each party’s expenses as well as how much he or she has already contributed to the transaction thus far. This statement also provides an accounting of the final amount that the buyer must bring to the closing. To complete a closing or settlement statement properly, one must know which principal is responsible for each transaction expense. A licensee must also have a clear understanding of credits and debits and should know how to prorate expenses that must be divided between the principals.

Course Outline
TREC # 04-00-108-5381

Agreement is an essential component in the legal transference of ownership. In real estate, contracts are the instruments by which agreements are reached for the conveyance of property. Whether a salesperson is promising to sell a property within a specified period of time, a prospective buyer is placing an offer on a house or a seller is considering an offer on property, some type of contract is involved. In this Contracts course, the student learns about the types of general contracts as well as the different kinds of real estate contracts. This course will introduce the student to two of the three factors that create a contract: offers and acceptances. When there is an offer and acceptance, the parties can either perform their respective parts of the contract or breach the contract by not fulfilling their obligations.

Course Outline
TREC # 04-00-108-5382

Licensees may encounter the special issues pertaining to leased property as property managers or as rental agents and brokers. This is an introduction to the financial option of leasing. The course presents the student with a comprehensive study of residential and commercial leases, describes the various types of leases and explains the characteristics of lease agreements. The process of lease origination, execution and termination are covered in depth. The course also describes leases in the context of landlord and tenant law. It explains the importance and the usage of lease agreements in drafting and executing a rental agreement. This Leases Course utilizes interactive technology and audio in an appealing way to facilitate the learning of the leasing process.

Course Outline
TREC # 04-00-108-5383

This course is designed to increase your knowledge about expanding environmental issues and laws that have an impact on environmental problems. It identifies the procedures used to locate toxic waste sites, the responsibilities for clean up and steps that may be taken to minimize future liabilities.

While real estate agents are not expected to be environmental experts, the same disclosure rules apply as to other facts about a property. That is, if environmental information is known to the sales agent and it would affect a prudent purchaser's decision to buy, it must be disclosed. Because of this, licensees should be familiar with the nature of these problems as well as the laws and regulations.

Course Outline
TREC # 04-00-108-5385

All Americans have the right to attempt to purchase, rent, or finance housing for themselves in the location of their choosing, regardless of their gender, religion, handicap, color, race, national origin or familial status. To help ensure that no one is deprived of this right, Congress passed the federal Fair Housing Act in 1968. This Act prohibits unethical discrimination by those who rent, sell and finance residential real estate. Upon completion of this course, you will understand the legislation, its purpose, and importance. You will also be familiar with the penalties for violating such statutes and have a better understanding of how you can avoid unethical discrimination in your everyday conduct.

Course Outline
TREC # 04-00-108-5384

The term “property management” generally refers to the group of services which an owner hires a professional property manager or management firm to perform. The quality of management directly affects the profitability of the property being managed. A skilled property manager thus protects the owner’s capital investment in real estate and makes sure that the property generates profit. In many cases, property managers must be licensed real estate brokers. We will cover a property manager’s basic functions, including administrative duties, leasing practices and the manager’s legal relationships with the owner and the tenants of the property. The course also discusses the way to construct a management agreement so that the manager and the owner clearly understand one another's roles. Licensees will benefit from understanding the various types of property management, as well as the duties that successful property managers must perform.

Course Outline
TREC # 04-00-108-5386

This course discusses Internet basics, the Internet’s effects on the real estate industry, ways to create effective websites, Internet marketing techniques, and email. The Internet presents an unprecedented opportunity for real estate professionals. Licensees and firms can create Web sites to advertise their services and their listings incorporating pictures of homes, tours, promotions, property information and MLS listings. It is very important that licensees include their Web site name in all advertising efforts; sites should incorporate direct-response marketing and should include effective branding techniques. Because many people begin their online search for a home with search engines, site operators need to optimize their sites. Site operators can create VOWs or integrate IDX on their Web sites to incorporate MLS searches. Web sites are designed primarily to generate contacts. In many cases Web site visitors first contact a real estate professional by email. Thus, it is crucial t hat real estate Web site owners master their email skills. This course offers specific advice on how to use email effectively and discusses spam and its implications for real estate professionals.

Course Outline
TREC # 04-00-108-5387

In this course the objective will be to provide a method of real estate purchase using pretax dollars and growing the estate within a qualified product. We will discuss the application of current tax advantages of using both qualified and non-qualified tax products such as IRA's, SEP IRA, 401k, Roth IRAs and charitable gift annuities. The use of these applications will provide the real estate professional with the opportunity to create a long standing and profitable relationship with his/her clients as well as attracting a more sophisticated investor wishing to find an alternative to 1031 exchanges.

Course Outline
TREC # 04-00-108-5388

One of the main ways that real estate licensees profit from real estate transactions is through listing agreements, or written contractual agreements between property owners and real estate licensees in which the licensee markets a property on behalf of an owner. Consequently, understanding the different types of listing agreements, what makes a listing agreement valid and who may enter into listing agreements with consumers is of specific importance to all licensees.

In accordance with TREC rules Sections 535.71 and 535.72D, this module will help the student become familiar with the basic legal concepts and forms used in listing real property and the different types of listing agreements available. In addition, it presents an overview of the listing process through a step-by-step review of the basic listing form and contents.

Course Outline
TREC # 04-00-108-5389