Texas 18 Hour Broker Package

$129.00

18 Hour | Online HD Video

  • 6 Hour Broker Responsibility 2019-2020  (#31450)
  • 4 Hour Legal Update I 2018-2019  (#33197)
  • 4 Hour Legal Update II 2018-2019  (#33198)
  • 4 Hour Real Estate Contracts (#32611)
  • 0 Credit – 1.5 Hour Social Media Marketing Course – $39 Value Free!

Note:  Legal Update courses MUST BE COMPLETED by December 31, 2019 in order to satisfy the education requirement.

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Description

PACKAGE CONTENTS:

 


Broker Responsibility
2019-2020


COURSE SYLLABUS

Course Description

The purpose of this course is to address the regulatory aspects of the management, operation and supervision of a real estate brokerage firm in Texas. The course provides an understanding and working knowledge of a broker’s responsibilities and obligations under 22 TAC §535.2. This rule sets out specific requirements and best practices for brokers.

Section 535.92 of the Texas Real Estate Commission Rules requires a broker or a designated broker of a business entity who sponsors sales agents, and a license holder who is a delegated supervisor of one or more license holders, to complete this six-hour broker responsibility course to renew a license. Any license holder may take this course, which counts for six hours of CE elective credit. Additionally, a sponsoring broker may, by policy, require certain license holders and employees to take this course.

After completing this course participants will be able to:

  • Recognize the role of TREC, and describe how broker rules and regulations must be implemented in the practice of real estate in Texas.
  • Be able to manage a business entity, and ensure employees and independent contractors are qualified to perform the work in accordance with specifications and requirements.
  • Summarize general and specific fiduciary duties, including responsibility for trust monies, disclosure, and agency requirements.
  • Understand the sanctions and penalties for violations of the Texas code.

BROKER RESPONSIBILITES

Chapter 1: Introduction

  • Who Must Take This Course?
  • Standard Test for Course Now Required
  • Regulations for Brokers

Chapter 2: Scope of Activities and Authorization

  • Authority and Competency
  • Independent Contractor Status
  • Independent Contractor Challenges

Chapter 3: Fiduciary Responsibility/Agency

  • Representation
  • New IABS and Consumer Notice
  • Negligence or Dishonesty?

Chapter 4: Trust Funds

  • Monthly Accounting of Money Required New Rule
  • Who Can Sign a Check?

Chapter 5: Property Management

  • Leasing Agent Responsibilities
  • Property Management Responsibilities
  • Property Management Q&A

Chapter 6: Delegated Licensed Supervisor

  • Relationship Management Tool (Appendix D)
  • Relationship Management Tool (RMT) Highlights

Chapter 7: Advertising/Assumed Names

  • Safe Harbor Policy
  • Top 7 Advertising Violations

Chapter 8: Record Keeping

  • Maintaining Records
  • Personal Information

Chapter 9: Written Policies

  • Receiving Compensation
  • Compensation from a Service Provider
  • Compensation from a Residential Service Company
  • License Holders Buying or Selling Their Own Property
  • Sharing Fees with Attorneys
  • Text and Email Negotiations
  • Showing Agent App Policy
  • Unlicensed Assistants
  • Background Checks
  • Sudden Cessation or Termination of Sponsoring Broker or Designated Broker of a Licensed Business Entity
  • Safety
  • Disaster Plan
  • Privacy of Personal Information
  • Federal Regulations and Other State Laws
  • TREC Sanctions for Violation of Broker Responsibility

Chapter 10: Additional Broker Duties

  • Informing and Responding to Clients
  • Minimum Services Requirements

Chapter 11: Business Entity Requirements

  • Selection of an Appropriate Entity
  • Assumed Name

Chapter 12: Complaints

  • Do’s and Dont’s If You Are Named in a Complaint

ADDITIONAL MATERIALS

Disclosure

  • Sellers’ Property Disclosure
  • Disclosure Forms
  • Case Studies

Risk Management

  • Risk Reduction
  • Shifting Risk
  • Best Practices
  • Case Studies

Appendix A: Information About Brokerage Services (IABS) and Consumer Protection Notice
Appendix B: Using Showing Agent Apps
Appendix C: Qualifying Real Estate Course Approval Form
Appendix D: TREC Relationship Management Tool (RMT)
Appendix E: TREC Complaints
Appendix F: Talking About “Value”

 


Legal Update I
2018 – 2019


COURSE SYLLABUS

Course Description

The purpose of this course is to address the regulatory aspects of some of the many legal updates that have occurred in the Texas real estate industry. This course provides an understanding and working knowledge of a license holder’s responsibilities and obligations related to rule changes, leasing and property management, sales transactions, contracts and addenda forms, and current hot topics. This course sets out specific requirements and best practices.

After completing this course participants will be able to:

  • Recognize the role of TREC, and describe how the rules and regulations must be implemented in the practice of real estate in Texas.
  • Summarize general and specific leasing property management best practices.
  • Discuss the legislative changes and disclosure regulations surrounding buyers, landlords, tenants, and sellers.
  • Understand the changes to the promulgated contract and addendum forms.
  • Describe the issues surrounding unescorted access to vacant rental property, ADA compliant websites and FIRPTA.

Chapter 1: Statute & Rules Update

  • Statutory Changes
  • TREC Rule Changes
  • Proposed TREC Rule Changes

Chapter 2: Leasing

  • Legislative Summary
  • A Real Estate Agent in Texas Cannot Represent No One…
  • What is a Lease Listing Agent v. a Leasing Agent?
  • Residential Leasing or Commercial Leasing?
  • What is the Landlord Looking For?
  • Considering the Applications and the Applicants
  • Fair Housing

Chapter 3: Property Management

  • Inexperienced Agents Performing Duties of a Property Manager
  • Trust Accounts
  • Fair Housing Issues
  • Summary
  • It’s Always Something…
  • TREC FAQs

Chapter 4: Sales Transactions

  • Seller’s Disclosure
  • Court Cases

Chapter 5: Promulgated Contract & Addendum Forms

  • Summary of Changes Made in 2017 to the TREC Contract Forms
  • New Addenda
  • Condominium Contract & Addendum (review of differences from 1-4 Family Residential Contract)
  • Farm & Ranch (review of differences from 1-4 residential contract)
  • Q&A
  • Broker Information and Agreement for Payment of Brokers’ Fees
  • Q&A
  • MLS System Differences
  • Court Cases

Chapter 6: Hot Topics

  • Unescorted Access to Vacant Rental Property
  • ADA Compliant Websites
  • Foreign Investment in Real Property Tax Act (FIRPTA)

Appendix A: Bills from the 85th Legislative Session that Impact Property Management
Appendix B: Residential Condominium Contract (Resale) and Farm and Ranch Contract

 


Legal Update II
2018 – 2019


COURSE SYLLABUS

Course Description

The purpose of this course is to address the regulatory aspects of some of the many legal updates that have occurred in the Texas real estate industry. This course provides an understanding and working knowledge of a license holder’s responsibilities and obligations related to professional ethics, fair housing and anti-discrimination standards, agency, the recovery fund, recent topics of interest, and court cases. This course sets out specific requirements and best practices.

After completing this course participants will be able to:

  • Outline the standards of practice expected of licensed real estate professionals as as required by Texas law.
  • Be able to integrate the rules and regulations pertaining to Fair Housing laws in the real estate industry.
  • Summarize general and specific fiduciary duties, including responsibility for disclosure and agency requirements.
  • Understand the sanctions and penalties for violations of the Texas code.

Chapter 1: Ethics Requirements for Engaging in Real Estate

  • Fidelity
  • Integrity
  • Competency
  • Consumer Information
  • TREC and TAR: What’s the Difference
  • Court Case

Chapter 2: Fair Housing and Anti-Discrimination Standards

  • Discriminatory Practices (22 TAC 531.19)
  • Senior Housing Exemptions
  • Advertising
  • Court Case

Chapter 3: Agency

  • IABS Redux (aka Information About Brokerage Services form Pop Off!)
  • IABS Pop Off
  • Failure Along the Way
  • Court Cases

Chapter 4: Recovery Fund

  • Real Estate Recovery Trust Account and Funds
  • Filing a Claim for Reimbursement

Chapter 5: Hot Topics

  • Use of Unlicensed Assistants in Real Estate Transactions
  • How to Handle Multiple Offers
  • Rebate Issues
  • Broker or Agent Acting as Principal
  • Coming Soon Advertisements

Chapter 6: Court Cases

 


Real Estate Contracts


Course Description

This class will explore contracts and forms related to real estate transactions. Special emphasis is placed on the required elements of a binding contract, agency relationships, disclosure requirements, addenda/contingencies, and closings. All the elements of a real estate transaction must be accurate, and properly executed for the contract to be binding. It is important for real estate professionals to have a working understanding of the contractual transaction in order to best serve their clients.

After completing this course participants will be able to:

  • Have a better understanding of basics of contract law and the elements of a contract
  • Be better equipped to serve buyers and sellers through an understanding of agency law
  • Examine purchase agreements, addendums, and aspects of financing
  • Have a working knowledge of necessary requirements to better serve your clients

Real Estate Contracts – (Lessons include time for a short, 5-question assessment.)

Lesson 1 Elements of a Binding Contract (29 minutes)

Types of Contracts
Essential Elements

Lesson 2 Elements of a Binding Contract cont. (17 minutes)

Plain Language
Performance and Discharge
Remedies

Lesson 3 Representation Contracts Agreements (26 minutes)

Agency Relationships
Fiduciary Duties

Lesson 4 Representation Contracts Agreements cont. (21 minutes)

Listing Contracts
Required Items and Other Provisions

Lesson 5 Disclosure Issues (20 minutes)

Seller’s Property Disclosure
Material Facts
Exemptions
Alternatives

Lesson 6 Purchase Agreements (23 minutes)

Required Elements of a Purchase Agreement

Lesson 7 Counter Offers and Addenda (20 minutes)

Financing Addenda
Conventional Mortgage
FHA Mortgage
DVA Mortgage
Land Contracts

Lesson 8 Closing Costs (20 minutes)

Seller Contributions
Common Interest Community
Contingency Addenda
Cancellation

Lesson 9 Roundtable Discussions (30 minutes)

Supplemental Cases

Final Assessment (20 minutes)

Total Course length: 226 minutes (4+ hours)


 

Social Media Marketing for Real Estate

Course Description

Learn the ins and outs of social media marketing from experts that work in both social media and real estate. Use these tools and tricks to upgrade your personal and professional profiles, drive leads, and increase business.


 

Course instructors will be available by email or telephone between 9am and 5pm Eastern Standard Time. They will assist you with questions regarding course content.

If you have any questions, please call us at 1-800-727-7104 or send an email to info@traininginstitutesedu.com. Email responses will usually be returned promptly, but guaranteed within one business day.

Student policies and procedures are always available by going to our website and scrolling to the bottom of the page (See Attendance and Privacy Policy).

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