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Our Program
Prepare for a rewarding career with our easy-to-follow program. Midwestern State University is an approved Texas Real Estate Commission provider. Our Military Package has your back from beginning to end - and with Military VA Benefits, there's no out-of-pocket cost to you!
What you'll get
Our program can be completed either entirely online, or entirely on paper, or a combination of the two (study on paper, complete exams online). Please contact us for more information about available delivery options.
300 Hours of Pre-Licensing Courses
All the hours necessary to get your license!
First, we'll start you off with the 4 Mandatory Core courses (120 Hours total).
All 4 courses are available in any delivery option (online, paper, combination).
PRINCIPLES OF REAL ESTATE I - 3RD EDITION (Mandatory Core)
30 Hours
This course provides a survey of the fundamental principles of real estate. The course begins with an in-depth look at licensing requirements for the real estate licensee. It then defines real property, legal property descriptions, land rights, and zoning laws. The agency relationship and the ethical duties of the agent, including those pertaining to the escrow account, deceptive trade practices and commissions and fees are then considered, followed by real estate contracts. The elements of a valid contract and the various types of real estate contracts are examined. Environmental considerations are explored, and a review of Federal and state fair housing laws complete the course.
PRINCIPLES OF REAL ESTATE II - 3RD EDITION (Mandatory Core)
30 Hours
This course explores many important principles of real estate. It includes title conveyance, closing, settlement and recording, judgments, liens and foreclosures, listing agreements, real estate finance, real estate appraisal, real estate math, leases and property management, and real estate and taxation.
TEXAS LAW OF AGENCY (Mandatory Core)
30 Hours
This is the only Texas-specific agency textbook that explains sub-agency, agency, intermediary brokerage and national agency law concepts in a logical teaching sequence, and in clear, straightforward language.
This textbook provides up-to-date material regarding agency law and regulations in Texas and helps students fulfill their 30-hour core course requirement for practice in Texas. It contains the most current material regarding law and regulations, as of close of business for the 1999 Texas Legislature. The book also includes over 40 case studies and their accompanying questions, which bring agency law to life and highlight problem areas that can often lead to lawsuits. Suggestions for brokers/associates listed in each chapter give students ideas they can carry with them and implement in their everyday work.
TEXAS LAW OF CONTRACTS (Mandatory Core)
30 Hours
This course begins with a look at the basic requirements of real estate contracts under the law. The requirements of the Texas Statute of Frauds, types of contracts and the elements of a contract are examined. The remedies for breach of contract and the Texas laws prohibiting real estate licensees from the unauthorized practice of law are explored. Seller disclosure requirements in the Texas Property Code, TREC promulgated forms, addendums and disclosures are all detailed. The requirements for contract for deed sales are summarized and explained along with the requirements for deed of trust sales, including the right of purchasers under contracts for deed to convert to deeds of trust.
Next, we'll provide you with 8 additional courses for the remaining 240 Hours
All the following courses are available in any delivery option (online, paper, combination).
REAL ESTATE APPRAISAL IV (Core)
30 Hours
This course begins with a discussion of the regulatory environment surrounding appraisals. The purposes and requirements of real estate appraisals are then examined. Appraising a vacant site is the next topic, followed by the process of appraising using the cost approach, the sales comparison approach and the income capitalization approach. The requirements for completing appraisal reports is detailed, and the course finishes by discussing special considerations when appraising manufactured homes, condominiums and townhouses.
PROPERTY MANAGEMENT (Core)
30 Hours
This course begins by introducing leases and the property management function. It then explains residential leasing, including the requirements for residential leases under Texas Property Code, Chapter 92, and the concerns of a landlord or property manager in dealing with residential tenants. Commercial leasing is then discussed, and the requirements and duties of landlords and tenants under the Texas Property Code, Chapter 93 are reviewed. Commercial lease clauses are then detailed, and the course concludes with a consideration of the federal and Texas Fair Housing Acts.
REAL ESTATE FINANCE II (Core)
30 Hours
This is the only Texas-specific agency textbook that explains sub-agency, agency, intermediary brokerage and national agency law concepts in a logical teaching sequence, and in clear, straightforward language.
In this course, the topic of real estate finance is explored. The monetary system, including the Fed and the U.S. Treasury are described. The primary mortgage market and the secondary market are both explained. All types of mortgage loans are reviewed, both conventional and government backed, and prime and subprime. The components of loan payments and amortization are also detailed. The loan process, starting with the purchase agreement, to the loan application, underwriting and analysis, loan processing and closing, as well as important RESPA regulations are discussed. The default and foreclosure process and the differences between mortgages and deeds of trust are detailed, including how these differences affect the default and foreclosure process are also covered. This course concludes with a consideration of several Federal acts affecting real estate finance, along with state housing activities.
REAL ESTATE MARKETING (Core)
30 Hours
The subject of this course is marketing real estate. The course explains goal setting and planning, and creating a business plan. It also looks at prospecting, including networking, advertising, direct mail, the Internet, door-knocking, FSBO properties, and telephoning. The marketing of real estate also requires giving reliable advice on pricing, helping the owners make the property as attractive as possible for showing, and helping the sellers successfully navigate through all the steps in a real estate transaction, all of which are covered in this course. The legal and ethical environment of marketing real estate is also explored. Agency laws, disclosure, privacy laws, fair housing laws, and adhering to professional ethical standards are addressed in this curriculum.
REAL ESTATE MATH I (Core)
30 Hours
This course includes a discussion of basic arithmetic skills and review of mathematical logic, percentages, interest, time-valued money, legal descriptions, depreciation, amortization, proration, appraisals, calculation of real estate taxes, real estate investment and estimation of closing statements.
TEXAS REAL ESTATE BROKERAGE (Core)
30 Hours
It takes more than sales talent to be a successful brokerage manager in Texas. In order to successfully run a business, managers must be knowledgeable and skilled leaders. This edition of Texas Real Estate Brokerage: A Management Guide offers a practical approach to the basic principles of running and operating a real estate company. The text groups various management activities by their function – planning, organizing, staffing, directing and controlling – and presents the material in a logical and accessible five-unit format. Each unit features a detailed overview, and each chapter features discussion exercises to help reinforce key material. Real-life scenarios and analyses offer a real-world approach to the fundamentals of broker management in Texas.
This text is the ideal choice for broker applicants. All of the required statutory topics necessary for core real estate course approval are covered in this text, including law of agency, planning and organization, operational policies and procedures, recruiting, selection and training of personnel, records and control, and real estate firm analysis and expansion criteria. Today’s real estate company is a multifaceted and complex organization. Unfortunately, far too many brokers enter the brokerage management business without the tools they need to succeed. This course offers broker candidates the vital information they need to embark on this exciting new step in their careers.
Texas Exam Prep
You'll also receive our Texas State Exam Prep, and our National Exam Prep!
TEXAS STATE EXAM PREP
Texas Real Estate Exam Prep offers approximately 200 state-specific questions to help students prepare for their licensing exams. Topics covered include:
- State license law and regulations
- Licensing requirements
- Agency relationships and responsibilities
- Agency and property disclosures
- Brokerage practice, accounting, advertising
- Real property and legal descriptions
- Ownership, interests in real estate, transfer of title
- Agreements and contracts
- Ownership, interests in real estate, transfer of title
- Closing, finance, taxes, and liens
- Leases, landlord and tenant rights and responsibilities
The answer key provides students with detailed explanations.
NATIONAL EXAM PREP
The growing complexity of the real estate business has been accompanied by an increased emphasis on real estate education. Evidence for this emphasis is the trend toward state requirements for both prelicense and continuing education. Accordingly, many states currently employ professional testing organizations to aid them in the development and administration of licensing examinations. One of these organizations is PSI Examination Services, Glendale, CA, which has developed widely used licensing exams for real estate professionals.
The focus of this study guide is preparation for PSI's real estate salesperson and broker licensing examinations. Of the existing books devoted to preparing for real estate licensing exams, this was the first guide geared specifically to the current format of the PSI exam. The PSI exam is distinctive and challenging. As such, it warrants the specialized focus of Guide to Passing the PSI Real Estate Exam.
This book is intended to guide prospective licensees in their preparation for the exam. It is intended to direct their effort. The study aids presented will help the student make the best use of his or her preparation time. It is hoped that this study guide will enable the prospective salesperson or broker to achieve success not only on the licensing exam, but ultimately in the dynamic field of real estate.
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