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Step-by-Step Guide on How to Obtain Your Real Estate License in Tennessee

Step-by-Step Guide on How to Obtain Your Real Estate License in Tennessee

How to Get My Real Estate License in TN

If you're looking for a career change or want to find a way to supplement your income, becoming a licensed real estate agent might be the perfect solution. Tennessee offers a straightforward process for obtaining your real estate license, and with some preparation and diligence, you can achieve this goal.

What Are the Requirements for Getting a Real Estate License in TN?

The first step to becoming a real estate agent in Tennessee is to meet all the eligibility requirements. You must be at least 18 years of age, have a high school diploma or equivalent, and pass a background check. Additionally, you need to complete 90 clock hours of pre-licensing education from an approved provider.

But don't be intimidated - many reputable online schools offer affordable pre-licensing courses that you can complete at your own pace. You'll learn about real estate sales, property management, and agency relationships, among other topics.

How Do I Pass the Tennessee Real Estate Exam?

Once you complete the pre-licensing courses, you'll need to take the Tennessee Real Estate Salesperson Exam. The exam consists of both national and state-specific questions and covers topics such as contracts, real estate finance, and the role of agencies.

While it may seem daunting, don't worry – you can prepare for the exam by taking practice tests and reviewing study materials. Consider joining a study group or hiring a tutor if you need additional support.

What Do I Need to Do After Passing the Real Estate Exam?

Congratulations - you've passed the exam! But before you can start selling homes and earning commissions, there are a few more steps you need to complete.

You'll need to affiliate with a broker, who will sponsor your license. Look for a brokerage that aligns with your goals and values and has a strong reputation in the industry.

Next, you'll need to apply for your license through the Tennessee Real Estate Commission. You'll need to provide proof of completing the pre-licensing courses, passing the exam, and having a sponsoring broker. Once approved, you'll receive your real estate license and can begin practicing in Tennessee!

Tips for Success as a Licensed Real Estate Agent

Now that you have your real estate license, it's time to start building a successful career. Here are some tips to help you thrive in this competitive industry:

  • Build a strong network of contacts and clients.
  • Stay up-to-date on the latest market trends and changes.
  • Understand your clients' needs and work to meet their expectations.
  • Develop a marketing plan and set achievable goals.
  • Continuously learn and improve your skills.

Conclusion

Getting your real estate license in Tennessee may seem overwhelming at first, but with the right preparation and effort, it can be a fulfilling and rewarding career choice. Don't let fear or doubt hold you back – take the first step and start pursuing your dream today!


How To Get My Real Estate License In Tn
"How To Get My Real Estate License In Tn" ~ bbaz
If you're interested in pursuing a career in real estate in Tennessee, the first step is to obtain your real estate license. The licensing requirements in Tennessee are strict, but with determination and the right resources, you can successfully complete the process and start your new career.

Education Requirements

To obtain your real estate license in Tennessee, you must complete at least 60 hours of pre-licensing education from an approved provider. This education must cover real estate principles, law, math, and closing procedures. You can complete this education in the classroom or online.

Classroom Education

If you prefer a more traditional approach to learning, you can attend classes in person. Many community colleges and vocational schools offer pre-licensing courses. These courses typically meet for several weeks and cover the required material in depth. Attending a classroom course allows you to ask questions in real-time and interact with other students.

Online Education

If you're unable to attend classes in person or you prefer a more flexible schedule, online education may be a better fit for you. There are a variety of online providers that offer pre-licensing courses, including Real Estate Express and Kaplan Real Estate Education. Online courses allow you to study at your own pace and on your own schedule.

Exam Requirements

Once you have completed your pre-licensing education, you must pass the Tennessee real estate licensing exam. The exam consists of two portions: a national portion and a state-specific portion. You must pass both portions with a score of at least 70%.

National Portion

The national portion of the exam covers topics that are applicable to real estate across the country. These topics include real estate principles, property ownership, financing, contracts, and property valuation.

State-Specific Portion

The state-specific portion of the exam covers Tennessee-specific laws, regulations, and practices. Topics covered on this portion include Tennessee real estate law, agency relationships, property disclosures, and advertising rules.

Application Requirements

Once you have passed the licensing exam, you must submit an application for your license to the Tennessee Real Estate Commission. The application requires proof of your pre-licensing education, exam scores, and a background check.

Background Check

As part of the application process, you must undergo a criminal background check. This includes fingerprinting and a review of your criminal record. A criminal conviction does not necessarily disqualify you from obtaining your license, but it may require additional review.

Post-Licensing Requirements

After you have obtained your license, you must complete 30 hours of post-licensing education within the first year of licensure. This education must cover topics such as contracts, agency, and Tennessee law. Once you have completed your post-licensing education, you can renew your license every two years.

Conclusion

Obtaining your real estate license in Tennessee requires commitment, education, and preparation. By completing the required education, passing the licensing exam, and submitting your application, you can start your new career in real estate. With hard work and determination, you can achieve success as a real estate professional in Tennessee.

How to Get My Real Estate License in TN

Introduction

If you're looking to become a real estate agent in Tennessee, you're in luck! The process is relatively straightforward, but it does require some effort and time commitment to complete. In this article, we'll walk you through the steps of getting a real estate license in Tennessee, including information on education requirements, exam preparation, and state licensure application.

Education Requirements

Before you can apply for a real estate license in Tennessee, you need to complete a pre-licensing course from a state-approved provider. The course must include 60 classroom hours of instruction on real estate principles, contracts, agency, Tennessee-specific laws and rules, and other related topics. There are many providers that offer online and in-person courses, ranging in price from around $200 to $1,000. Be sure to choose a provider that is approved by the Tennessee Real Estate Commission (TREC) and has good reviews from past students.

Exam Preparation

Once you have completed the pre-licensing course, you can schedule your licensing exam. The exam is given by PSI Services, LLC and consists of two portions: a national section and a state-specific section. To prepare for the exam, you should consider taking a prep course or using study materials such as flashcards and practice exams. There are many resources available online, such as Kaplan Real Estate Education and Real Estate Express, that offer exam preparation materials specific to Tennessee's real estate licensing exam.

State Licensure Application

After passing the exam, you are eligible to apply for your real estate license in Tennessee. You will need to submit an application with the TREC along with a few documents, including proof of completion of the pre-licensing course, proof of passing the exam, and a background check. The application fee is $91 for first-time applicants, and the license fee is $170. You will also need to obtain errors and omissions (E&O) insurance, which can cost anywhere from $500 to $1,000 per year.

Renewal Requirements

Once you have obtained your real estate license in Tennessee, you will need to renew it every two years. To renew your license, you must complete 16 hours of continuing education courses, including six hours of mandatory coursework on state-specific laws and rules. You will also need to pay a renewal fee of $100.

Comparison: Education Providers

There are many education providers to choose from when completing your pre-licensing course requirement, so it's important to do some research before making a decision. Here's a quick comparison chart of some popular options:| Provider | Price Range | Format | Reviews || --- | --- | --- | --- || Kaplan Real Estate Education | $359-$499 | Online | 4.4/5 stars || Real Estate Express | $169-$399 | Online | 4.4/5 stars || Century 21 Real Estate Academy | $695 | In-person | 3.8/5 stars || Real Estate Training Institute | $389-$495 | Online & In-person | 4.7/5 stars |As you can see, there are options to fit a wide range of budgets and learning preferences. Be sure to read reviews and talk to past students before choosing an education provider.

Comparison: E&O Insurance Providers

Errors and omissions insurance is essential for all real estate agents, as it offers protection against lawsuits and other liability issues. Here's a comparison chart of some top E&O insurance providers in Tennessee:| Provider | Price Range | Coverage Amount || --- | --- | --- || Pearl Insurance | $500-$1,500 per year | Up to $1 million per claim || Victor O. Schinnerer & Co. | $500-$1,000 per year | Up to $1 million per claim || RealCare Insurance Marketing | $600-$1,500 per year | Up to $2 million per policy |When choosing an E&O insurance provider, it's important to consider not only the cost but also the coverage amount and any additional perks or benefits offered.

Conclusion

Becoming a real estate agent in Tennessee involves completing a pre-licensing education requirement, passing an exam, and obtaining a state license. While the process may seem daunting at first, there are many resources available to help you succeed. Be sure to research education providers, prepare thoroughly for the exam, and choose a reputable E&O insurance provider. With hard work and dedication, you can become a successful real estate agent in Tennessee.

How To Get My Real Estate License In Tn

Introduction

Becoming a real estate agent in Tennessee can be a lucrative career move, but it requires completing certain steps. This article will guide you through the steps you need to take to get your real estate license in the state of Tennessee.

Step 1: Meet the Requirements

To become a licensed real estate agent in Tennessee, you must be at least 18 years of age, hold a high school diploma or GED equivalent and have no felonies. You must also have completed at least 60 hours of approved pre-licensing real estate education.

Step 2: Choose an Education Provider

There are many pre-licensing real estate education providers to choose from in Tennessee. These providers have different costs and formats for their classes, so it is important to research and find one that suits your needs.

Step 3: Complete Pre-Licensing Education

Once you have chosen an education provider, you will need to complete at least 60 hours of approved pre-licensing real estate education. This education consists of both in-class and online courses. It is important to attend the courses regularly and complete all assignments and quizzes to ensure you have learned the necessary information.

Step 4: Pass the Licensing Exam

After completing the pre-licensing education, you will need to pass the licensing exam. You can register for the exam through PSI (Professional Service Industries). The exam is administered on a computer and consists of 120 multiple-choice questions. You must score at least 70% on the exam to pass.

Step 5: Apply for Your License

Once you pass the exam, you will need to complete and submit a license application to the Tennessee Real Estate Commission (TREC). The application fee is $91. After submitting the application, it may take up to four weeks to receive your license.

Step 6: Find a Brokerage

After obtaining your license, you will need to find a brokerage that will sponsor you. A broker is a licensed professional who is responsible for overseeing real estate transactions and agents. It is important to find a reputable brokerage that offers training and mentoring to new agents.

Step 7: Complete Post-Licensing Education

After obtaining your license, you will need to complete an additional 30 hours of post-licensing education in your first year of active licensure. This education is focused on practical knowledge, such as contracts, real estate law, and property management.

Step 8: Become a Realtor®

As a licensed real estate agent, you have the option to become a member of the National Association of Realtors®. Membership gives access to training, networking opportunities, and other benefits. To become a Realtor®, you will need to complete the required training and pay annual dues.

Step 9: Keep Your License Active

To keep your license active, you will need to complete continuing education every two years. This education includes a minimum of 16 hours of approved courses, including six hours in law and ethics.

Step 10: Success as a Real Estate Agent

The key to success as a real estate agent is hard work, dedication, and a commitment to learning. Be sure to develop a solid business plan, build a network of professionals and clients, and stay informed about trends and changes in the industry.

Final Thoughts

Getting your real estate license in Tennessee can be a rewarding and lucrative career move. With careful planning, dedication, and hard work, you can enjoy a successful career in the real estate industry. Remember to stay informed, maintain your license, and always strive to improve your knowledge and skills.

How To Get My Real Estate License In Tn

Have you ever thought about becoming a licensed real estate agent in Tennessee? If so, you're not alone. Many people dream of a rewarding career in the real estate industry, but the process of getting a license can seem daunting. Fortunately, with the right information and guidance, the process can be much easier than you might think. In this article, we'll walk you through the steps you need to take to get your real estate license in TN.

Educational Requirements

The first step to getting your real estate license in Tennessee is to complete the required education. Every aspiring agent must take a 60-hour course that covers the basics of the industry. This course is designed to prepare you for the state licensing exam, which you must pass before you can become licensed.

Fortunately, you don't have to travel to a physical classroom to complete this requirement. Many online education providers offer flexible courses that you can complete at your own pace. This option is ideal for working professionals and anyone who wants to complete the course on their own schedule.

Licensing Exam

Once you've completed the required education, you can take the state licensing exam. This exam consists of two parts: a national portion and a state-specific portion. The national portion covers general principles of real estate, while the state-specific portion tests your knowledge of Tennessee real estate laws and regulations.

The exam is administered by PSI Services, LLC, and you can register for it online or by phone. The fee for the exam is $55, and you must score at least 70% to pass. You have up to three hours to complete the exam, but most people finish it in less than two.

Background Check

Before you can apply for your real estate license, you must pass a background check. This check involves fingerprinting and a criminal history report. You can have your fingerprints taken at a local law enforcement agency or an authorized vendor, and the fee is typically around $50.

If you have a criminal record, it doesn't necessarily mean you'll be denied a license. The Tennessee Real Estate Commission evaluates each application on a case-by-case basis. However, certain offenses, such as fraud or embezzlement, may disqualify you from obtaining a license.

Application Process

After you've passed the licensing exam and background check, you can apply for your real estate license. You'll need to submit an application, along with the appropriate fees. As of 2021, the fee for a first-time license is $91.50.

Once your application is approved, you'll receive your real estate license. Congratulations! You're now a licensed real estate agent in Tennessee.

Maintaining Your License

Now that you have your license, it's important to keep it current. In Tennessee, real estate licenses must be renewed every two years. To renew your license, you must complete a total of 16 hours of continuing education, including six hours of Tennessee-specific classes.

It's also important to stay up-to-date on relevant laws and market trends. Joining professional organizations and attending industry events can help you stay connected and informed.

Closing Message

Getting your real estate license in Tennessee can be a rewarding and fulfilling process. By taking the required education, passing the licensing exam, and completing the background check and application process, you can become a licensed real estate agent in no time.

If you're ready to take the first step toward a successful career in real estate, we encourage you to start your education today. With the right skills and knowledge, you can achieve your goals and make a meaningful impact on the lives of people in your community.

Good luck on your journey, and welcome to the exciting world of Tennessee real estate!

How To Get My Real Estate License In TN

What are the requirements for getting a real estate license in TN?

The requirements to get a real estate license in TN are as follows:

  1. Be at least 18 years old.
  2. Have a high school diploma or equivalent.
  3. Complete 90 hours of pre-licensing education from an approved provider.
  4. Pass the state and national portions of the Tennessee Real Estate Exam with a score of 70% or greater.
  5. Complete a fingerprint background check.
  6. Have a sponsoring broker before applying for a license.

How do I complete the 90 hours of pre-licensing education?

You can complete the 90 hours of pre-licensing education through in-person courses, online courses, or a combination of both. The courses must be taken through an approved provider. Make sure to choose a provider that is accredited and has a good reputation.

How do I schedule and take the Tennessee Real Estate Exam?

You can schedule your exam by contacting PSI Services LLC, which is the company that administers the real estate licensing exams in Tennessee. You can schedule your exam online or by phone. The exam consists of both a state and national portion and must be passed with a score of 70% or greater. You will receive your test results immediately after completing the exam.

What is a sponsoring broker and how do I find one?

A sponsoring broker is a licensed real estate broker who agrees to supervise your activities as a licensed agent. You must have a sponsoring broker before applying for a license. You can find a sponsoring broker by networking with other agents, attending real estate events, or doing research online.

How do I apply for my TN real estate license?

You can apply for your TN real estate license through the Tennessee Real Estate Commission's website. You will need to provide proof of completed education, passing exam scores, and a fingerprint background check. You will also need to pay a fee and provide your sponsoring broker's information.

Once your application is approved, you will be issued a real estate license and can begin practicing as a licensed agent in Tennessee.

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