Professional Development Courses:

Contracts

MetroTex offers several live broadcast classes that help real estate professionals write the best contracts. From beginning to experienced agent, these classes will provide you with all of the skills to master contracts and comply with all of TRECs requirements and standards of practice.

Effective February 1, 2021, sales agents and brokers will be required to complete at least 3 hours of contract related coursework as a part of the required 18 hours of continuing education to renew a license. All of the classes listed below have been approved by TREC to help you fulfill the contract education requirement. For more information about this update, click here.

1-4 Contract Boot Camp

Course #39934, 5CE, Provider: Texas REALTORS #0001
$60 | $45 Members

The purpose of this course is to familiarize the real estate professional with the most commonly used sales contract in a residential real estate transaction. This class provides an in depth analysis of various aspects of the TREC1-4 contract. It discusses the structure and nature of a residential contract along with agent responsibilities. The class teaches on basic liability theories arising from the TREC one to four contract. The class also teaches the real estate agent best practices when using the 1-4 contract as well as contract do’s and don’ts.

 

Avoiding Common Contract Mistakes

Course #41673, 2CE, Provider: Texas REALTORS #0001
$35 | $25 Members

The purpose of this course is to familiarize the real estate professional with the basic understanding of a contract along with the most common contract errors made when writing a contract. Agents will learn about the Short Sale Addendum and the new RSC Disclosure required by TREC. Plus hear about other often misunderstood TREC forms and their proper use. Also how to handle updates and changes to contracts and other related documents and addenda.

This course will provide the license holder insight regarding the impact of contract mistakes on the transaction and the ability to effectively negotiate the deal; if the transaction needs to be restructured or voided and any possible legal ramifications impacting the parties to the transaction.

 

Commercial Contracts: Purchases & Leases

Course #40062, 3CE, Provider: Clifford Bogart #0287
$45 | $35 Members

This Commercial Contracts course taught by Cliff Bogart will focus on the two major commercial contract categories: The Purchase contract and the Leasing contract. We will use the Texas Realtor commercial contract forms and review the major contract elements, their meaning, purpose, and real world application. This 3 hour CE course fulfills the new TREC requirement for license renewal.

Commercial Leasing Contracts 101

Course #39824, 3CE, Provider: Texas REALTORS® #0001
$45 | $35 Members

This course by Michica Guillory is designed to walk real estate professionals through a variety of commercial leasing contracts. Using the TAR commercial lease contract as a guide, the course will focus on discussing how each clause in the contract is used. A variety of TAR commercial lease-related clauses will be covered, how they fit in with the lease contract and when exact language of a clause, such as the subrogation clause, requires consultation of a real estate attorney. Other topics include additional rent, letters of intent, construction riders, commission agreements and more.

The objective of this course is to inform real estate license holder about the sales contract forms available for use in commercial transactions, the proper way to complete the forms without engaging in the unauthorized practice of law, the purpose of specific contract clauses, and negotiation strategies to use to their best advantage in completing the sales contract.

Does the Pot Rack Stay?

Course #42340, 1CE, Provider: Texas REALTORS #0001
Instructor: Lori Solecki
$25 | $15 Members

Course offers an in depth look at Paragraph 2 in the Listing Agreement and the 1– 4 Family Residential Contract. Help agents understand when to approach this with the client to be sure there are no “I thought” issues in the transaction. Cementing in the agents mind clarity on how to protect the clients wishes and intent while making sure all desires make there way to the contract.

 

Letters of Intent 101 - Sales & Leasing

Course #40539, 3CE, Provider: Texas REALTORS® #0001
$45 | $35 Members

This course by Michica Guillory is an interactive, 3-hour CE course all about how to write letters of intent for both commercial leases and commercial sales transactions. This hands-on class will do two things: thoroughly walk students through the TXR LOI Form as well as review LOI’s offered by non-TXR entities. Students will learn how to effectively negotiate and what terms are best for their clients.

Negotiate to Win-Win

Course #38941, 2CE, Provider: Texas REALTORS® #0001
$35 | $25 Members

Learn to recognize opportunities to negotiate throughout a transaction. Agents will become more effective negotiators in order to have a higher rate of contracts that close, thereby increasing their potential income. Your clients will benefit as you learn common points and the correct approach. Agents will have opportunities to practice strategies, identify client motivation and craft solutions.

TREC 1-4 Family Residential Contract

Course #42701, 6CE, Provider: Texas REALTORS® #0001
$55 | $75 Members

This course will focus on understanding the TREC one to four contract. This includes promulgated forms, time frames involved and how to follow up during the closing process. This is essential to a real estate agent being able to perform their fiduciary duties to their client. It will also discuss things that can happen between the time the offer is written and time of closing.

The Forms You Need To Know

Course #41811, 3CE, Provider: Texas REALTORS® #0001
$45 | $35 Members

This course reviews the most widely used TREC and TAR forms needed to conduct real estate transactions. Included are various sales contracts and a wide range of addendum. This course teaches the proper use and completion of these forms and provides a comprehensive view of the types of contracts available for use in real estate transactions. It will also cover how to handle updates and changes to contract forms, along with other related documents and addenda.

This purpose of this course is to familiarize the real estate license holder with the most current and commonly used forms in a residential real estate transaction. Will learn to understand and use the proper form(s) for different real estate transactions so that they effectively serve their client. The course intent is to provide insight on the importance of using correct form(s) to ensure a successful transaction for the agent and client.

 

Understanding Contingency Situations

Course #42143, 3CE, Provider: Texas REALTORS® #0001
$45 | $35 Members

A contingency is a provision in a real estate contract that specifies the contract would cease to exist upon the occurrence of a certain event. “I’ll buy yours if mine sells first.” Contingencies are confusing. What do the forms mean, and which ones do you use for what, and when? Agent will get answers to some of the most common contingency questions. What power does the seller have to move on? What rights do the purchasers have? How to convey a true MLS status and how to bump a contingency out of the way?

 

You Mean Real Estate Contracts Must Be Written?

Course #38974, 3CE, Provider: Texas REALTORS® #0001
$45 | $35 Members

The objective of this course is to instruct real estate agents in the fundamentals of real estate contracts and addenda. This course covers the fundamentals of real estate contracts and addenda, those promulgated or produced by the Texas Real Estate Commission and those produced by Texas REALTORS®. The course will focus on contracts and addenda relating to residential property. This will be a basics course and will begin with offer and acceptance and basic contract formation.

This course is essential and relevant to all real estate license holders as it explores the most frequently used contract in Texas real estate transactions: the TREC one-to-four family residential resale contract. License holders will learn how to advise clients to complete the contract allowing for the most protection for themselves as well as the agent. Real estate agents will be able to apply the knowledge they learn from this course directly to their real estate business when explaining the contract, its parameters, and its intent to clients.