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Advocating for Short Sale Clients (General)

$39
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 3 Required: 0 Total Hours: 3
Description
State Requirements

Tactics that work with motivated, excited sellers don't always translate well when working with short sale sellers and short sale buyers. Add lender approvals, junior lien holders, and inflexible timelines into the mix, and you end up with a whole new ball game.

In a short sale transaction, the motivation for each party is different than the standard transaction, and as the professional in the scene, you need to adjust accordingly. This course speaks to your interaction with short sale sellers, and how you can help them through a tough process while diligently advocating on their behalf.  We cover how to figure out an appropriate listing price, negotiate with the lender's representative, sort through debt settlement terminology, and carry the deal through to closing. We also look at the process from a buyer's agent perspective. Additional cautions, considerations, and fraud prevention tactics are required when advocating on behalf of these deal-seeking buyers.  

Package Content:

State Requirements For Nevada

Nevada Requirement Detail for Real Estate Continuing Education

Renewal Date: Every two years by the last day of the month in which you first obtained your license.

Hours Required by the State: 36 hours

Proof of completion must be submitted to the Division. The 36 hours required must be taken in the following categories:

  • 3 hours Agency
  • 6 hours Contracts
  • 3 hours Ethics
  • 3 hours Nevada Law
  • 3 hours Risk Reduction
  • 6 hours Broker Management
  • 12 hours General (Business Broker permit holders must include the 3 hours of CE for permit renewal; Property Management permit holders must include 9 hours of CE for permit renewal)

At least 18 of the 36 hours of required continuing education must be taken through live instruction.

The CE Shop's Offering: 36 hours (only 18 hours can be taken online)

The following courses are considered Personal Development courses:

  • Personal Safety
  • Roadmap to Success: Business Planning for Real Estate

The CE Shop does not currently offer courses to satisfy the requirements specific to the Business Broker Permit or Property Manager Permit.

Reporting: The state requires course completions to be reported to the state. We will report your course to the state upon completion.

Expiration Date of Course: Course expiration dates vary by course. Each individual course will have an expiration date listed in your account. See Terms & Conditions for more details.

Certificates: Immediately upon course completions, The CE Shop will provide students with an electronic copy of the course certificate of completion. Certificates will remain in your account for a minimum of five years, should you need additional copies at a later time. Please refer to your application to determine if you need to submit your certificate(s) of completion. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

Final Exams: Final exams must be passed with a minimum of 75% and may be taken as many times as necessary in order to pass. 

License Renewal Process: The process to renew in this state is to log in to the licensing system online and follow the prompts to renew.

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