Texas REALTORS® offers the Texas Accredited Commercial Specialist (TACS) certification as a stepping stone to advanced commercial real estate education. And the association is now accepting applications from Black and African American candidates for the TACS scholarship, which cover the three 30-hour TACS courses and application fee—approximately $1,000.
Why Is This Scholarship Important?
According to data from NAR, 82% of Texas REALTORS® commercial members are white and only 3% are Black, making the Black community the most underrepresented within this segment of real estate. This scholarship was built to address equity in commercial real estate and provide educational, financial, and networking opportunities to the recipient. This scholarship is not intended to discount the barriers and realities other marginalized groups face in the commercial real estate industry. Texas REALTORS® recognizes that diversity in the commercial real estate industry has a long way to go and hopes that initiatives like this one will build a pathway to a more equitable industry.
Who is Eligible?
The scholarship is for Black and African American Texas REALTORS® members with less than five years of experience in real estate. REALTORS® who are already in the process of completing the TACS program are not eligible for the scholarship.
How to Apply
Applications for the TACS scholarships are open through 5 p.m. Central on March 1. Get more details and apply at texasrealestate.com.