What is the purpose of the Tennessee Real Estate Commission rules?
The mission of the Tennessee Real Estate Commission is to protect the public through establishment and administration of minimum requirements for candidates and licensees, effective professional education of licensees and enforcement of professional conduct.
Which act established the Tennessee Real Estate Commission?
Tennessee Real Estate Broker License Act of 1973
TREC Rules and Regulations The Tennessee Real Estate Commission (TREC) was created as a result of the Tennessee Real Estate Broker License Act of 1973. TREC is one of several regulatory agencies under the Division of Regulatory Boards within the Tennessee Department of Commerce and Insurance.
Is a real estate certificate worth it?
The benefits of a real estate license are unquestionable. The advantages that come with a real estate license are well worth the time, effort, and money it would cost to obtain it. If you can use your real estate license for deals, networking or to save or earn more money, it is worth the investment.
How long is real estate school in Tennessee?
In addition to experience, broker candidates must have successfully completed one hundred twenty (120) classroom hours of approved real estate education, thirty (30) hours of which must be an “Office/Broker Management” course taken at a school approved by the Tennessee Real Estate Commission.
How much does a realtor make in Tennessee?
According to Indeed, the average base salary for a Tennessee real estate agent is $78,940. To earn the average salary, a listing agent would need to sell roughly eight properties at the current median price each year. There are several factors that affect how much an individual real estate agent will earn.
How many members are in the real estate commission?
The Texas Real Estate Commission is composed of nine members appointed by the Governor for six-year terms. Six members must be licensed real estate brokers. Three members must be members of the general public who are not regulated by the Commission.
When was the Tennessee real estate commission created?
Created in 1951, The Tennessee Real Estate Commission licenses, registers and regulates real estate brokers and affiliate brokers, real estate firms, rental location agents, time-share salespersons and developments, vacation clubs and vacation lodging services.
How long does it take to get a Tennessee real estate license?
The Tennessee Real Estate Commission requires 90 hours of training and subsequent testing to become licensed. The training for the initial licensing consists of two mandatory courses. We offer a two-week course that is available day or evening and is offered every month.
Do you need a TREC course to renew your license?
Code of Ethics is a requirement of your local board of REALTORS (R) not TREC. To verify your education online, visit https://verify.tn.gov, follow the directions and remember to hit the details button for license information. TREC Core Course is a mandatory Course to renew your license.
How to register for TREC classes in TN?
Course submission will remain the same with providers emailing student rosters to [email protected]. The course information provided on rosters will remain the same. Login/check-in for class begins 20 minutes before the stated class start time and ends once the class begins.
