Panola College has partnered with VanEd to provide a unique education program for students wishing to become a licensed Texas real estate salesperson. The program is based around VanEd's successful online licensing coursework, with the addition of supplemental classroom tutoring sessions hosted twice a week at Panola College. All of VanEd's Texas online real estate courses meet the the current TREC Standards and are ARELLO approved. The classes will be offered every two weeks.
Earnest Spencer has been in the real estate profession since 1984 and currently holds a Texas Real Estate Broker's license. In addition, he is licensed as a Texas Residential Mortgage Loan Officer (RMLO) first acquired in 2004 and actively originates Conventional, FHA and VA loans. He earned bachelor and master degrees in Science from Texas A&M University and has done post graduate work in Education and Business at Angelo State University and McNeese State University. Mr. Spencer has been a professor at Lamar State College, and currently as a professor at Panola College. He is certified by the Texas Real Estate Commission to teach all Pre-License courses.
For Real Estate questions please call Earnest Spencer 972-809-0875.
For Registration Information call 903-693-2067
For cost and course details visit the VanEd/Panola College site.
Real Estate Classes
Course Number: RELE 1002 [ Principles of Real Estate I TREC 121]
Course Description: Overview of licensing as a real estate broker or salesperson in Texas. Includes ethics of practice as a license holder; titles to and conveyance of real estate; legal descriptions, deeds, encumbrances and liens; distinctions between personal and real property; appraisal, finance and regulations; closing procedures; and real estate mathematics. Covers at least three hours of classroom instruction on federal, state, and local laws relating to housing discrimination, housing credit discrimination, and community reinvestment. Fulfills at least 30 of 60 hours of required instruction for salesperson license.
Course Number: RELE 1039 [ Principles of Real Estate II TREC 122]
Course Description: A continuing overview of licensing as a broker or salesperson in Texas. Includes ethics of practice as a license holder, titles to and conveyance of real estate, legal descriptions, deeds, encumbrances and liens, distinctions between personal and real property, appraisal, finance and regulations, closing procedures, and real estate mathematics. Covers at least three hours of classroom instruction on federal, state, and local laws relating to housing, discrimination, housing credit discrimination, and community reinvestment. Fulfills at least 30 of 60 hours of required instruction for salesperson license.
Course Number: RELE 1020 [ Real Estate Finance TREC 451]
Course Description: Monetary systems, primary and secondary money markets, sources of mortgage loans, federal government programs, loan applications, processes and procedures, closing costs, alternative financial instruments, equal credit opportunity laws affecting mortgage lending, Community Reinvestment Act, and the state housing agency.
Course Number: RELE 1010 [Law of Agency TREC 1151]
Course Description: Legal concepts of real estate, land description, real property rights, estates in land, contracts, conveyances, encumbrances, foreclosures, recording procedures, and evidence of title. This course was designed to be repeated multiple times to improve student proficiencies.
Course Number: RELE 1012 [Law of Contracts TREC 1251]
Course Description: Elements of a contract, offer and acceptance, statute of frauds, specific performance and remedies for breach, unauthorized practice of law, commission rules relating to use of adopted forms, and owner disclosure requirements.
Course Number: RELE 1000 [Promulgated Forms TREC 351]
Course Description: Promulgated Contract Forms, shall include but is not limited to unauthorized practice of law, broker-lawyer committee, current promulgated and approved forms, commission rules governing use forms and case studies involving use of forms.