Continuing Education Classes Online
Continuing Education 6 Course Package: - 24 hours
- Contracts, Purchases and Sales Agreements
- ERC Relocation: Assisting Corporate Transferees
- Skills for Professional Success
PACKAGE COURSE DESCRIPTIONS:
Asset Management
Asset Management will provide insight into decision-making techniques used in choosing a strategy to maximize the value of an income-producing property. Real estate agents who deal with residential/commercial property investments will benefit from this introductory course on asset management.
Course objectives in this course are:
Asset Management Essentials,
Case Study: San Felipe Court
Assumptions
Buying vs. Leasing
Distressed Property
Bad investment Decisions
Environmental Hazards - Approval Code: 38489
This course is designed to increase your knowledge about expanding environmental issues and laws that have an impact on environmental problems. This course Identifies the procedures used to locate toxic waste sites, the responsibilities for clean up and steps that may be taken to minimize future liabilities.
While real estate agents are not expected to be environmental experts, the same disclosure rules apply as to other facts about a property. That is, if environmental information is known to the sales agent and it would affect a prudent purchaser's decision to buy, it must be disclosed. Because of this, licensees should be familiar with the nature of these problems as well as the laws and regulations that are intended to protect both the consumer and the environment.
Fair Housing Approval Code: 38490
This course is designed to increase your knowledge of federal and state fair housing laws and related civil rights and anti-discrimination laws that affect real property transactions. All real estate licensees need to understand who is protected by the fair housing laws, what acts are prohibited by these, and how the fair housing laws are enforced.
The more knowledgeable you are about fair housing, the less likely you will be to commit fair housing violations. Course topics covered in this course include transactions covered by the law, discrimination, HUD advertising guidelines, equal housing opportunity, the equal credit opportunity act and the Americans with Disabilities Act.
ERC Relocation: Assisting Corporate Transferees
Relocation presents an array of new challenges and opportunities to all real estate professionals. This course covers the definition of “relocation” and the development of the relocation industry. We explain how relocation affects the roles of various real estate professionals, including appraisers, home inspectors and real estate salespersons, and brokers.
We walk the student through a relocation transaction, covering the assignment, or re-assignment, of an employee through the selling of the employee’s home. Some of the steps in this process require specific explanation. This course covers those points in specific lessons; for example, we devote one lesson to how different companies manage relocation and the types of programs that they commonly institute. The latter half of this course addresses how relocation affects common real estate concerns. These concerns include disclosure law, agency, tax law, fair housing, and non-discrimination issues.
Upon completion of this course, the student will:
- Understand the definition and development of the relocation business.
- Appreciate the impact relocation has had on the professional roles of those persons traditionally associated with the real estate industry.
- Grasp the various steps in the relocation process.
- Recognize the various steps that comprise a relocation transaction.
- Understand the different types of relocation plans and programs.
- Recognize fair housing legislation as it relates to relocation.
- Know how to avoid unfair discrimination.
- Recognize the various protected classes under federal fair housing legislation.
- Comprehend the importance of agency and property disclosure.
Contracts Purchase & Sales Agreements
Clear, mutually-acceptable agreements are an essential component of the legal transference of ownership. In the practice of real estate, contracts are the instruments used to describe and record the agreements surrounding the conveyance of property. Some type of contract is nearly always involved, whether a salesperson is promising to sell a property within a specified period of time, a prospective buyer is placing an offer on a house or a seller is considering an offer on property.
Before entering into a legally binding agreement, real estate professionals must fully understand the contracts that govern their industry. Failure to understand contracts opens a licensee to various kinds of liability and can seriously damage one's professional reputation. Therefore, it is vital that real estate professionals learn this material so that they can protect themselves against errors, oversights and misunderstandings.
In this module, the student will learn about the types of general contracts as well as the different kinds of real estate contracts. The module begins by providing the student with an overview of the various types of contracts: bilateral, unilateral, implied, express, executed, executory, valid, void, voidable and unenforceable. Once the student is introduced to the different types of contracts, he or she learns what makes a contract legally enforceable, this being the five components that make a contract valid: mutual assent, legally competent parties, consideration, lawful objective and adherence to a statute of frauds.
- Introduction to Contracts
- Contracts, Purchase and Sales Agreements
The fourth and concluding lesson in this module presents real-world dilemmas and concrete applications of the information presented in the rest of the course. As the student completes this module, he or she should try to develop a broad picture of environmental issues and how they fit into the larger practice of real estate; the last lesson will help with this project by presenting comprehensive content questions, practice problems and case studies.
Skills for Professional Success
This course focuses of three distinct areas: home inspection, asset management, assist clients to buy/sell property on a tax-favorable basis. The first module instructs real estate licensees on the basics of home inspection. This course presents an overview of the home inspection business and explains how it fits into the real estate industry as a whole. In addition, the course covers the regulatory bodies and professional organizations associated with home inspection. At the conclusion of this course, the student will understand the methods used to inspect homes, will know what to look for when examining properties, both inside and out, and will understand the various types of inspection reports and the differences between them.
The second module provides an introduction to the basics of asset management. It introduces the student to the key ideas and concepts of management as well as the techniques a manager will use to evaluate the market and evaluate the financial impact of alternatives in order to make properly informed decisions. The student will learn how to handle distressed properties and how to successfully market a revenue-increasing strategy.
The third module teaches the real estate professional how he or she can help clients in buying and selling property on a tax-favorable basis. This includes highlighting on the many important aspects of Internal Revenue Code Section 1031 and on the benefits of the 1031 exchange for the investor, licensed real estate agent/broker and other parties to the transaction. The student will learn which properties qualify under Section 1031 and how to use the various types of 1031 exchanges to enhance the client's position in the investment real estate market.
