Unlocking Success: Your Ultimate Guide to Obtaining a Real Estate License in Tennessee

How To Get Real Estate License In Tennessee

Have you ever considered becoming a licensed real estate agent in Tennessee? With the booming real estate market, now is the perfect time to get your license!

But you may be wondering, how do I start? What are the requirements? Don't worry, we've got you covered with all the information you need to know to get your real estate license in Tennessee.

Step 1: Meet the eligibility requirements

Before you can even begin the process of obtaining a real estate license in Tennessee, you must meet certain eligibility requirements.

You must be at least 18 years old, have a high school diploma or GED, and have no felonies on your record. You must also complete a background check and pass a real estate exam.

Step 2: Complete pre-licensing education

In Tennessee, you must complete 90 hours of pre-licensing education from an approved provider. This education includes both classroom and online courses covering topics such as property ownership, land use controls, financing, and contracts.

Don't worry if attending in-person classes is not an option for you, as there are many online providers available to fit your schedule and learning style.

Step 3: Submit your application

After completing your pre-licensing education, you must submit your real estate license application to the Tennessee Real Estate Commission.

Your application will require information regarding your personal history, education, and a fee of $91.

Step 4: Pass the exam

Once your application is processed and approved, you will be eligible to take the Tennessee real estate exam.

The exam is computer-based and consists of both national and state-specific questions. Depending on your score, you may need to retake the exam in order to pass and receive your license.

Step 5: Find a broker

After passing the exam, you must work under a licensed broker. A broker will guide you through the early stages of your career and provide you with practical experience.

You can start by researching different agencies and brokers in Tennessee, interviewing with them, and finding the perfect fit for your goals and interests.

Conclusion

Becoming a licensed real estate agent in Tennessee may seem like a daunting task, but it is achievable with hard work and dedication.

Follow these five steps, take advantage of available resources, and believe in yourself. You can make a successful career out of helping people find their dream homes and investment properties.

Good luck on your journey to becoming a licensed real estate agent in Tennessee!

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How to Get a Real Estate License in Tennessee

If you are interested in becoming a real estate agent in Tennessee, there are certain requirements you must meet. Getting a real estate license in Tennessee involves completing pre-license education and passing an exam. In this article, we will walk you through the steps you need to take to get your real estate license in Tennessee.

Step 1: Meet the Eligibility Requirements

To get a real estate license in Tennessee, you must be at least 18 years old, have a high school diploma or equivalent, and be a legal U.S. citizen or approved alien resident. You must also have no criminal convictions related to fraud, dishonesty, or breach of trust.

Step 2: Complete Pre-License Education

Before you can take the real estate exam in Tennessee, you must complete 90 hours of pre-licensing education. This includes 60 hours of basic principles of real estate, which covers topics like property ownership, contracts, and finance. The remaining 30 hours are electives that cover various aspects of real estate practice.

You can choose to complete your pre-license education in a classroom setting or online. There are several schools that offer pre-license courses in Tennessee, including Kaplan Real Estate Education, Real Estate Express, and Premier Schools.

Step 3: Pass the Real Estate Exam

Once you have completed your pre-license education, you can apply to take the real estate exam in Tennessee. The exam is administered by PSI Services, LLC and consists of two parts: a national portion and a state-specific portion. You must pass both parts of the exam with a score of at least 70 percent to become licensed.

The national portion of the exam covers topics like property ownership, contracts, financing, and real estate practice. The state-specific portion of the exam covers Tennessee real estate laws and regulations.

Step 4: Obtain Errors and Omissions Insurance

Once you pass the real estate exam, you must obtain errors and omissions insurance before you can obtain your license. This insurance protects you from any claims that may arise as a result of your professional activities.

Step 5: Apply for Your Real Estate License

After completing all of the above steps, you can apply for your real estate license in Tennessee. You will need to submit your application along with proof of completion of pre-license education, passing the exam, and obtaining errors and omissions insurance. The application fee is $91.

Once your application is approved, you will receive your real estate license in the mail. Congratulations! You are now a licensed real estate agent in Tennessee.

Conclusion

Getting a real estate license in Tennessee involves completing pre-licensing education, passing an exam, and obtaining errors and omissions insurance. By following the steps above, you can become a licensed real estate agent in Tennessee and begin to pursue your career in real estate.

Getting A Real Estate License In Tennessee: A Comparison Guide

Introduction

Becoming a licensed real estate agent in Tennessee is quite an investment. Of course, the rewards at the end could be quite significant. Before deciding to pursue this path, it is natural to compare the different options that are available especially when it comes to the educational requirements and the overall process. Here’s a comparison guide that breaks down how to get a real estate license in Tennessee including costs, time investment, and requirements.

Education Requirements

Every aspiring real estate agent in Tennessee must complete a 90-hour Prelicensing course from an approved education provider. There are several education providers to choose from. Two of the most popular ones include Real Estate Express and Kaplan Real Estate Education. Real Estate Express offers a package for $599 while Kaplan offers theirs at $559. It’s worth mentioning that both providers have positive reviews and offer a quality education experience.

Real Estate Express

Real Estate Express has been providing education for over 25 years and has served around 200,000 aspiring agents. All courses offered by the school are 100% online and structured to comply with state requirements. Besides the prelicensing course, Real Estate Express also provides Exam Prep, Postlicensing, Broker licensing, and Continuing Education hours that agents need to maintain their license.

Kaplan Real Estate Education

Kaplan has been providing educational services for over 80 years and is among the leading providers of real estate education in the country. Kaplan has a solid reputation, with courses designed to meet the needs of adult learners.

Costs Involved

The cost of getting a license in Tennessee involves several expenses, including the application fee, the prelicensing courses, exam fees, and background check fees.

Prelicensing Courses

Both Real Estate Express and Kaplan offer discounts for their prelicensing courses. Kaplan has a policy that if you don’t pass your exams after completing their course, they’ll refund your money or allow you to retake the course for free. Real Estate Express, on its part, offers a 30-day satisfaction guarantee. If you are not satisfied with their course, they will give your money back.

Exam Fees

The Tennessee Real Estate Commission requires an exam fee of $39 for each license type (broker or affiliate broker). This amount should be paid online directly to PSI Services LLC, which administers the licensing exams in the state.

The Licensing Exam

To obtain a license in Tennessee, one must pass two licensing exams. The two exams are both multiple-choice and come in separate sections: the state-specific section, which has 40 questions that must be completed within 90-minutes, and the general section, which has 80 questions to be answered in two hours.

Passing Grade

To pass the test, candidates are required to score at least 70% percent in each section they take.

Background Check

The Tennessee Bureau of Investigation (TBI) runs a background check on all licensing applicants to ensure they meet the state’s legal and ethical requirements for licensure. This background check costs $44.

Post-Licensing Requirements

After obtaining the license, new real estate agents have up to one year to complete 30 hours of post-licensing education. The 30-hour requirement needs to be fulfilled within twelve months after getting the license.

Continuing Education Requirements

Every agent is required to maintain their license through continuing education. This allows agents to keep up with the changes in the law and stay informed on industry trends. License renewal happens every two years, and 16 hours of continuing education (CE) is required.

Final Thoughts

Becoming a real estate agent in Tennessee requires considerable dedication and commitment because of the effort and time that must be invested in obtaining the license. Although costs and requirements vary amongst providers, taking this decision is worth it if one has a passion for the business. It's worth noting that with many schools spread across the world today, you don't necessarily need to reside in Tennessee to earn a license from the state.

How to Get Real Estate License in Tennessee

Introduction

If you're looking to start a career in the real estate industry in Tennessee, getting a real estate license is your first step. The process can be overwhelming if you're not familiar with it, but with the right information and guidance, it can be a smooth and straightforward process. In this article, we'll guide you through the steps you need to take to obtain your real estate license in Tennessee.

Step 1: Meet the Requirements

Before you start the application process, make sure you meet the Tennessee Real Estate Commission (TREC) requirements. You must be at least 18 years old, have a high school diploma or equivalent, and be a legal resident of the United States. Also, you must complete at least 90 hours of pre-licensing education from an approved provider.

Step 2: Find an Approved Provider

Tennessee requires all aspiring real estate licensees to complete pre-licensing education, which covers various topics, including property ownership, property valuation, real estate contracts, and financing. To fulfill this requirement, you must enroll in a course from a TREC-approved provider. You can find a list of approved providers on the TREC website.

Step 3: Take the Pre-Licensing Course

Once you choose an approved provider, you'll need to complete a 60-hour basic principles course and a 30-hour course on Tennessee real estate law. The courses are online, self-paced, and can be completed within six months. Make sure to take good notes and review the material regularly to ensure you understand all the concepts covered.

Step 4: Pass the Pre-Licensing Exam

After completing the pre-licensing education, you'll need to pass the pre-licensing exam, which consists of 120 multiple-choice questions. The exam covers all the topics taught in the pre-licensing course. You'll have four hours to complete the exam, and you must score at least 70% to pass.

Step 5: Choose a Brokerage

Once you pass the pre-licensing exam, you can start looking for a brokerage to work with. A broker is a licensed real estate professional who acts as an intermediary between the buyer and seller in real estate transactions. You'll need to work under a broker for at least two years to gain experience before being able to apply for a broker license.

Step 6: Submit Your Application

After finding a brokerage to work with, you'll need to submit your application to TREC. The application includes proof of completing the pre-licensing education, passing the pre-licensing exam, and affiliation with a brokerage. Make sure you attach all the required documents and pay the application fee.

Step 7: Get Fingerprinted

TREC requires all applicants to complete a background check, which includes fingerprinting. You'll need to visit a fingerprinting center and have your fingerprints taken electronically. There's a fee for this service, which you'll need to pay directly to the fingerprinting provider.

Step 8: Pass the State Exam

After submitting your application and passing the background check, TREC will send you information on how to schedule and take the state licensing exam. The exam consists of 130 multiple-choice questions and tests your knowledge of real estate law, principles, and practices. You must score at least 70% to pass the exam.

Step 9: Get Your License

If you pass the state exam, TREC will issue your real estate license. You can now legally work as a real estate agent in the state of Tennessee. Congratulations!

Step 10: Maintain Your License

To maintain your real estate license in Tennessee, you must complete 16 hours of continuing education every two years. The education covers topics related to real estate law, ethics, and best practices. Make sure to keep up with your continuing education requirements to avoid any penalties or suspension of your license.

Conclusion

Getting a real estate license in Tennessee requires a significant investment of time and effort, but it can be a rewarding and lucrative career. Follow the steps outlined in this article, and with dedication and hard work, you can start your journey to becoming a successful real estate professional.

How To Get Real Estate License in Tennessee

If you're interested in a career in real estate in Tennessee, there are certain steps you need to take in order to obtain your license. Whether you're just getting started or already have experience in the industry, these requirements must be met in order to legally operate as a licensed real estate agent in Tennessee.

First and foremost, you must be at least 18 years old and have a high school diploma or GED. You will then need to complete 90 hours of pre-licensing courses at an approved real estate school. These courses will provide you with the necessary knowledge and skills to pass the licensing exam and conduct business ethically and legally within the state.

One thing to keep in mind is that you will need to pay for these pre-licensing courses out of pocket. The cost varies depending on the institution but expect to pay anywhere from $300 to $1,000. It may seem like a significant expense, but remember that it's an investment in your career and will pay off in the long run.

Once you've completed your 90 hours of pre-licensing courses, you will need to pass the Tennessee real estate licensing exam. This exam is administered by PSI, and you will need to schedule your exam within six months of completing your coursework. You'll need to bring proper identification with you to the testing center, and the cost of the exam is $39.

The licensing exam consists of two portions: a national portion and a state-specific portion. You will have four hours in total to complete both portions. The national portion covers topics such as agency relationships and contracts, while the state-specific portion covers local laws, regulations, and procedures specific to Tennessee real estate.

It's essential to study and prepare thoroughly for this exam. Many students take additional prep courses or purchase study materials to help them pass on the first attempt. You can find a variety of online resources, textbooks, and exam prep courses available to assist you in your studies.

If you pass the licensing exam, congratulations! But the process doesn't end there. You must then apply for your real estate license through the Tennessee Real Estate Commission. You'll need to fill out an application and provide proof of your pre-licensing education and examination results.

As part of the application process, you will also need to complete a background check. This includes submitting fingerprints and answering questions about any criminal history. Keep in mind that the state may deny your application if certain criminal convictions appear on your record.

Once you've sent in your application and been approved, you will receive your real estate license from the state. Congratulations! You're now eligible to start working as a licensed real estate agent in Tennessee.

It's important to note that obtaining your real estate license in Tennessee isn't just a one-time event. You will need to renew your license every two years by completing continuing education courses. These courses provide you with updated information and keep you up-to-date on recent changes within the industry.

It's also essential to maintain a good standing with the Tennessee Real Estate Commission. If you engage in unethical or illegal behavior, you may face professional disciplinary action, including revocation of your license.

Overall, the process of obtaining your real estate license in Tennessee requires dedication and hard work. But the rewards are significant, with a fulfilling career helping individuals and families make their dream of homeownership a reality. Best of luck on your journey to becoming a licensed real estate agent in Tennessee!

Thank you for reading and learning about how to get a real estate license in Tennessee. We hope this article has been informative and helpful. If you have any questions or comments, please feel free to leave them below, and we'll do our best to answer them.

How To Get Real Estate License In Tennessee?

1. Meet the Prerequisites

Before applying for a license, you must meet the following prerequisites:

• Must be at least 18 years old
• Must have a high school diploma or equivalent
• Must have completed 60 hours of pre-licensing education from a TREC-approved real estate school

2. Submit Application and Fee

After completing education requirements, candidates for a Tennessee Real Estate license must:

1. Complete the Candidate Handbook
2. Fill out application and attach documents
3. Submit the fees

3. Pass the Exam

The next step is to pass the real estate licensing exam through PSI Services, which is offered at multiple locations across the state. After passing the exam, you'll receive your test scores immediately, and your certificate will be mailed within two weeks.

4. Find a Brokerage

Once you've passed the exam, you'll need to find a sponsoring broker in Tennessee to Associate with. A broker will offer you mentorship and guidance as you begin your career as a licensed real estate agent.

5. Activate Your Tennessee Real Estate License

After finding a sponsoring broker, you must activate your Tennessee Real Estate License. You must submit an activation form, fingerprints and further fees before activating license.

In conclusion,

Earning a real estate license provides an opportunity for a career with flexibility and financial success. Follow these five steps, meet the necessary prerequisites, submit the application and fee, pass the exam, find a sponsoring broker, and activate your license to become a real estate agent in Tennessee.