Maybe it’s your first time renewing your Tennessee real estate license and you’re wondering how the process works. Or maybe you’ve spent decades in the real estate industry but you’re curious if COVID-19 has changed anything about the renewal process this year.
Either way, we’ve got you covered. Here’s a step-by-step guide you can use to renew your Tennessee real estate license in 2020.
Don’t worry. Renewing your license isn’t something you need to fuss with on an annual basis — you get a year off every other year. Tennessee real estate license renewals are due every two years.
Check your license for your specific expiration date.
To keep your Tennessee real estate license active, you just need to do three things.
To renew your Tennessee real estate license, you need to complete 16 hours of continuing education from an education provider approved by the Tennessee Real Estate Commission (TREC). You can find a full list of providers they’ve approved here.
As you take your hours, make sure six of them cover TREC CORE. The CORE class is a mandatory part of the Tenessee real estate continuing education requirement.
Once you finish your continuing education, your course provider has 10 days to report your hours to the TREC. You can check to see if your hours are in the system yet using the TREC’s license search and verification tool.
Good news: you can take your Tennessee real estate continuing education online. Not only does this minimize your potential exposure to COVID-19, but it also allows you to knock out your hours when you find a time that’s convenient for you.
It costs $75 to renew your Tennessee real estate license. Be ready to pay that in the next step. It’s important that you pay the fee before your license expiration date to avoid additional fees.
To make it easy for you to keep your license active, the TREC offers online license renewals. You can use their Comprehensive Online Regulatory & Enforcement (CORE) system to submit your renewal. They have a YouTube tutorial video to help you get your account set up and go through the renewal process.
Technically, you can do everything you need to do in order to renew your license online so classroom and office closures shouldn’t pose a problem. That said, if the pandemic is presenting a challenge in this area and your license renewal is due anytime between now and August 29, you can email the TREC and request an extension. Shoot them an email at firstname.lastname@example.org and include:
Your license number
An explanation of your issue
Whether you request an extension or take your continuing education and submit your renewal online, make sure you get it done before your license expires. That way, you’ll be able to keep your Tennessee real estate license active without additional fees or headaches.