Requirements for real estate continuing education can vary widely, depending on your state. Most states maintain a database of courses, and you can find this database on the licensing and regulatory affairs website. Other states, such as Massachusetts, offer a variety of courses. Some states even offer online classes, but you should contact the local licensing office for more details. In any case, continuing education is an important requirement for real estate agents. Listed below are the requirements for real estate continuing education.
Requirements for real estate continuing education
In New Jersey, the real estate commission requires licensed brokers and salespersons to complete 12 hours of continuing education every two years. The next term for CE is July 1, 2021, through June 30, 2023. If you complete your CE after April 30, there will be a $200 late fee added to your license renewal fee. The NJ REALTORS(r) Academy of Continuing Education provides courses and an online tracking system that allows you to view your CE records and keep track of your progress.
In addition to continuing education, the licensing commission also requires licensed professionals to participate in a variety of activities. In Wisconsin, for example, license holders must take 2.5 hours of CE in ethical business practices and one hour of continuing education on recent legal matters. Other states require licensing boards to have continuing education requirements for salespersons and associate brokers, which vary by state. For more information on the state’s real estate education requirements, visit elicense.org.
In New York, licensed brokers and salespeople are required to complete at least two hours of continuing education each year. This includes 22.5 hours of approved courses. At least one of those classes must be on fair housing and discrimination in the sale of real property. At least two hours must be agency-related, since these courses must be completed within the two-year period prior to license renewal. The course must be approved by the real estate board.
If you’re looking for an online real estate continuing education course, you’re not alone. There are plenty of resources available for you to use, and many are free. The best option may be the most convenient, though. There are even some that are available for a very low price. McKissock Learning is one such source, with courses spanning the U.S. and even covering D.C. You’ll never have to worry about wasting time and money traveling to different locations.
The CE Shop, for example, offers a variety of real estate continuing education courses. You can choose to take bite-size classes, or you can purchase a subscription to access several courses at once. The CE Shop has a number of packages, including bundles of online courses and exam prep. Most providers allow you to pause part-way through and even at the chapter breaks. In addition, many CE courses offer a discount if you purchase multiple sessions.
The cost of these courses will depend on your state requirements and the course package you purchase. For instance, in Florida, a package can start at $119 while in Minnesota, the price goes up to $815. You can choose from four different packages, including basic coursework, exam prep, business-building classes, and guaranteed passing of the real estate examination. The CE Shop also offers a real estate glossary, digital flashcards, and instructor-led webinars. All packages include a real estate glossary and other resources that will aid you in understanding and implementing the curriculum.
Requirements for completing courses
The New York Real Estate Division has specific CE requirements for real estate professionals. In general, the New York Real Estate Division requires that an active real estate professional complete 21 hours of approved CE per two-year renewal period. Continuing education courses should cover topics pertaining to ethics and fair housing, as well as recent legal developments. The courses should also cover fair housing and agency (2 hours during the initial renewal period, and one hour for each renewal thereafter).
In addition to the state’s requirement for continuing education courses, agents must also complete the state’s Fair Housing course. The state’s Board of Realtors does not approve correspondence courses, but rather requires real estate schools to use a set 12-hour curriculum. To fulfill the requirements, agents must attend these courses in person or online. Taking courses through an approved real estate school can help keep your license current and relevant.
Depending on the type of license you hold, you may have to meet the state’s continuing education requirements. If you are an individual broker, you must complete the required three CE courses every three years. This requirement is also applicable to grandfathered licensees. If you have not yet completed a course, you must take the three-hour Broker Responsibility course every three years. If you are a corporate broker or partnership, however, the requirement is not the same.