Can you lose your real estate license in Texas?
A number of violations can result in loss or suspension of a Texas real estate license. Some, such as bad acts or negligence, are obvious. Certain administrative violations, however, may be less so. … Most think losing a license is tied to bad acts, something that happens only to other license holders.
How do I inactivate my real estate license in Texas?
The Lone Star State has some of the easiest ways to deactivate your real estate license. Simply log in to the Texas Real Estate Commission’s website, and proceed to “terminate” your sponsoring broker of record free of charge.
How long can a real estate license be inactive in Texas?
If you do not renew your real estate license within 6 months of your renewal date, your license will be changed to an inactive status. If you do not renew your real estate license within 2 years after your renewal date, you must reapply for a new license and pass the State exam again.
Can you get a real estate license with a misdemeanor in Texas?
Oldmixon said Texas law requires TREC to look at how relevant and recent was the crime. You can get a real estate license with minor misdemeanors on your record. If you already have a license, it takes a felony for the state to even consider revoking it. “The process is solid,” Oldmixon said.
Do Real Estate courses expire in Texas?
Once you have earned your Real Estate license, you will need to renew every two years by completing additional Continuing Education classes and paying a renewal fee to the Texas Real Estate Commission (TREC). … The 98-hours is comprised of three 30-hour elective courses and two 4-hour Legal Update courses.
What does inoperative real estate license mean?
More than 450 real estate businesses have lapses in their corporate licenses, according to IDFPR. These licenses are currently in “non-renewed” status, and if they are not restored by July 31, they will become listed as “inoperative.” Inoperative status means a firm could no longer legally do business in the state.
What can an inactive real estate agent do?
An active license means you work under a sponsoring broker. … If you do not have a sponsoring broker, you will be issued an inactive real estate license. If you hold an inactive license, you cannot engage in any real estate brokerage activities.
What to do after you get your real estate license in Texas?
6 steps to take after you pass your real estate exam
- Step 1: Find a sponsoring broker who is a good fit. …
- Step 2: Engage in professional organizations. …
- Step 3: Build your professional profile. …
- Step 4: Set a timeline for yourself. …
- Step 5: Budget for future plans. …
- Step 6: Seek advice from other real estate professionals.
What does an inactive license mean?
Inactive license means a license that has expired because it was not renewed by the end of the grace period. … Inactive license means any license that is not a current, active license. Inactive license may include licenses formerly known as delinquent, lapsed, or retired.
What happens if you let your Texas real estate license expire?
You may renew your license up to six months after the expiration date. After six months and up to two years past the expiration date, you may apply for reinstatement of your license. After two years past the expiration date, you will have to reapply and pass the examination.
Can you be a part time realtor?
Yes, you can be a part-time real estate agent. The process of becoming a part-time agent is almost exactly the same as for people training to become a full-time agent. The only difference is that some brokerages typically won’t hire people who work part-time.
How long does it take to get realtor license in Texas?
While the individual pace can vary, on average getting a real estate license in Texas takes four to six months. However, you can complete the requirements in eight weeks if you are committed to an intense study schedule.