Approval #: Sponsor Code: K0144
The real estate contract is perhaps one of the least understood documents in the real estate market, and yet it is the contract that is used most often. For your clients, the purchase of a home is generally the most expensive and life-changing decision they will make. Therefore, whether you are new to the real estate market or an established expert, it is important that you understand the fundamentals of contract law in order to protect both your and your clients’ interests. Your instructor will provide you with a unique look at contracts, from the history to the evolution, from definitions to types, and from Purchase and Sale to Loan Assumption Addendum. This course is iPad compatible.
This course is iPad compatible. This course is designed to provide real estate professionals in Michigan with mandatory continuing education. This course looks at the history of fair housing and examines in depth the most pertinent legislation in force today.
This course is iPad compatible. This course examines the essential components of the law of agency. This includes a synopsis of the history of agency law, common law and the development of the agency relationships throughout the years. It will then summarize responsibilities surrounding a seller’s agency and a buyer's agency relationship and the various other agency relationships that exist. In the second chapter, the course details those agency policies Michigan brokers can choose from, along with several case illustrations of the legal liability facing licensees.
Sponsor Code: K0144
This course is iPad compatible. Did you know that the National Association of REALTORS® Code of Ethics is over 100 years old? Though the real estate market has evolved a lot since 1913, one aspect that has not changed is that home buyers continue to select professionals who hold themselves to a high ethical standard. Familiarity with the Code of Ethics will allow you to build stable and lasting relationships with your clients. Your instructor will provide you with an overview of the Code of Ethics and Standards of Practice of the National Association of REALTORS® as it applies to the profession of real estate. Additionally, your instructor will enhance your understanding of ethical behavior by providing you with sample scenarios and common illegal practices to guide the practical decision-making of licensees.
State and Local NAR Chapters have the authority to accept this course as meeting the NAR Ethics quadrennial requirement.
This course is iPad compatible and contains audio/video components throughout. If you've ever thought about increasing your business by working with investor clients this course is for you! Whether the property is a small rental house or a big shopping center, there are specific skillsets, terminology and experience required to give these types of clients the reasonable skill and care that is to be expected of a real estate agent. Your instructor, Tom Lundstedt, CCIM will guide you through the process of evaluating an investment property. You will learn how to use an Investment Property Worksheet to calculate the cash flow, income tax savings, depreciation and rate of return for a rental property. In addition the instructor will coach you through a real world case study that involves assisting an investor who is interested in purchasing an investment property. The process will be simple and fun! The worksheet and information presented in this course will serve you throughout your entire real estate career.
This course is iPad Compatible. Many real estate agents operate in a certain specialty or “niche,” and perhaps with a little thought, many more would take the time to discover the benefits of carving out a niche for themselves. When agents market themselves as experts in a certain aspects of the industry, it not only helps the agent, but the client/customer as well. Customers need to know who the most knowledgeable, experienced professional in the area is. If there is an agent who specializes in the topic the customer needs assistance with, it is good for the industry if that customer is made aware of that agent. This course is designed to help agents identify a niche that they may want to specialize in and to be able to market themselves as an expert so that all customers are receiving the best care possible by an experienced expert in the industry.
This course is iPad compatible. Take your business to a higher level by expanding your knowledge of investment real estate. In this advanced - yet easy-to-understand - course you will laugh and learn with your instructor, Tom Lundstedt, CCIM. Through a variety of lecture, recordings of live seminars, case studies and real-world, down-to-earth examples, Tom will take you Beyond the Basics of real estate investing.
This course is iPad compatible. The best time to plant a tree was 20 years ago. The next best time is now. ~ Chinese ProverbThis Chinese proverb rings true about credit reports as well. Ideally, a homebuyer has been preparing to buy a home for years: saving a healthy down payment, eliminating debt, and boosting their credit score as much as possible. Unfortunately, many buyers in the market have not had the opportunity to do such things, so what can they do now? Being able to counsel people on improving their financial standing can not only improve your service to your current clients, it can also be used as a marketing tool to attract and help new clients!
In recent years, green building has become more than just a trend. Nearly 40% of home buyers consider energy efficient features to be "very important". This is not simply because home buyers wish to reduce their environmental footprint. The cost of sustainable materials and products is low, making green building one of the most cost-effective types of construction. Therefore, knowledge of the green building market segment will allow you a competitive advantage in the real estate industry.
This course is iPad compatible.
The purchase of a property is often the single largest and most important purchase a person will make in their lifetime. With the proper care, and an eye toward professional conduct, the process of buying property can be tremendously beneficial for both buyer and you. Understanding the complexities of the buyer/licensee relationship will allow you to communicate effectively with your customer or client and provide you with the tools you need to make a successful sale. This course is iPad compatible.
This course contains audio and video. As a real estate professional, it’s likely that you have a close relationship with the technology you utilize on a day-to-day basis. However, you may not always take the extra steps to protect these technological investments. Using technology properly and safely is essential to being successful in the real estate industry, particularly in a collaborative work environment. You should educate every member of your team on the potential dangers of technology, for one weak link in your chain can endanger the entire network. The point of this course is to open your eyes to how vulnerable you can be when using technology in your real estate business, and to teach you how to use it safely and effectively. This course will cover a number of topics, including viruses and malware, legal aspects of technology use, general tech etiquette, and safety tips.
This course is iPad compatible and contains audio and video components throughout. Master the skills necessary to work successfully with real estate investors in this entertaining and enlightening course. You will build upon the basic knowledge you gained in How to Work with Real Estate Investors - Part 1. (Please note: It's not a requirement to have taken Part 1 first. This is a stand-alone course.) You'll laugh and learn as your instructor, Tom Lundstedt, CCIM, enthusiastically leads you through real world, rental property examples. When you've completed this course, you'll be able to comfortably "talk the talk" with your investor clients about such items as: cash flow, NOI, depreciation, rate of return, cap rate, cash on cash and much more. You'll be able to put to use five different methods to determine a rental property's value. This course will increase your confidence when working with investor clients and open your eyes to many new opportunities.
Real estate is generally a safe profession, but there are dangers that agents are exposed to on occasion. While the number of work related deaths and injuries are relatively low, they are not nonexistent. Female real estate agents are more likely to become victims than men; however, men are not immune to attack.
Think about it: real estate licensees often meet complete strangers by themselves, in vacant properties, at odd hours, with little or no background information on the potential client(s). When you think about it this way, the job can sound dangerous. There are some basic safety protocols real estate professionals can employ in the field. Though your brokerage may have a set of security procedures in place, many brokerages rely on the individual agent to establish their own safety measures.
This course is iPad compatible. The goal of this course is to prepare real estate licensees to have paperless transactions. The course progresses through the entire transaction process, starting with how to secure a computer and network to paperless marketing and advertising. Next, electronic signatures and digital record keeping are discussed, along with some key pieces of federal and state legislation. The course wraps up with follow-up ideas for closing and after the sale.
In the fast-paced world of real estate, many licensees get so caught up in their daily events that they forget to put a business plan in place, do their homework on their neighborhood, use the necessary forms, or take advantage of marketing opportunities. Making these mistakes and identifying their solutions is a valuable part of the learning process, and will better prepare you as a practicing licensee. Your instructor will guide you through the common mistakes made in the real estate industry and provide you with tips on how to avoid real estate pitfalls, whether you are a newbie or a seasoned, top-producing agent.This course is iPad compatible.
This course is iPad compatible. Sometimes buyers don't know
what they want, or they think they know what they want, but nothing is quite
right. This course will start with the
importance of having buyers pre-approved for financing if they need it. We will provide some techniques to help
buyers prioritize the things they want in a home and adjust his or her standard
buying strategies to suit the needs of different buyers. While summarizing some important consumer
preference studies we will shed light on how real estate licensees can simplify
the home-buying process. We know that
every buyer is different and this course will drill down the facts to help
buyers discover what they truly want in their home.
This Course is iPad compatible. The biggest generation in history - millennials - will likely have the biggest impact on real estate for the foreseeable future. The average age of a REALTOR is 56 and they need to understand the millennial generation and learn how to market to them, know what influences their lifestyle, and how to communicate and work with them. Recruiting millennial agents should be an important part of any broker’s growth strategy and they need to understand their work philosophy and have the tools and technology in place to meet their needs.
This course is iPad compatible. This course is designed to provide an introductory explanation of real estate financing options, the financing process, and the laws and regulations that govern real estate financing transactions. Upon completion, students will understand how real estate financing works and be better suited to advise home buyers about real estate financing.
This course is iPad compatible. Marijuana, cannabis and hemp (all different names for essentially the same plant) has a long history in the United States, with periods where it was encouraged, discouraged, criminal, and most recently legalized in some states. This class covers a brief history of marijuana then goes on to discuss the conflict between federal and state laws. Next, an overview of commercial real estate matters, followed by residential real estate topics will be covered. The last chapter goes over some basics for those who may consider specializing in this new and growing real estate specialty!
This course is iPad compatible. This course is designed to help licensees working with buyers and/or sellers in many of the nation’s recovering markets that because of low inventory and high demand have become strong seller’s markets. Both buyer and seller perspectives and tactics will be considered in looking at how to ethically and successfully represent either party in a transaction.
This course is iPad compatible. The difference between a good listing agreement and a lousy one has everything to do with your knowledge and preparation of the document. Being well-prepared and knowing how to distinguish between certain categories of agreements will not only yield a good listing agreement, it will give you confidence with a wide range of clients. Your instructor will provide you an in-depth look at the intricacies of listing agreements and will explore some case studies to help you better understand listing agreements as they are used throughout a real estate career.
There are hundreds of controversial ideas being asserted by environmentalists, politicians, and other stakeholders about the subject of “green building;” therefore, it’s important that, as a real estate agent, you have a place at the table and possess working knowledge of the principles of green building. You will have access to in-depth information on the principles and give an overview of recent activity across the United States regarding the green building movement and the ways in which consumers are responding to this relatively new market segment.This course is iPad compatible.
There are hundreds of controversial ideas being asserted by environmentalists, politicians, and other stakeholders about the subject of “green building;” therefore, it’s important that, as a real estate agent, you have a place at the table and possess working knowledge of the principles of green building. You will have access to in-depth information on the principles and give an overview of recent activity across the United States regarding the green building movement and the ways in which consumers are responding to this relatively new market segment.
This course is iPad compatible.
As a practicing or potential property manager, you should familiarize yourself with fair housing laws in order to avoid possible liabilities or violations. These violations can often be expensive and can damage your reputation with clientele. Your instructor will cover the fair housing laws in the United States as pertaining to property management and will provide you with a detailed look at scenarios where you could find yourself in violation of fair housing laws. In addition, your instructor will also offer useful examples and suggestions for you to incorporate into your practice in an attempt to avoid fair housing claims. This course is iPad compatible.
As a practicing or potential property manager, you should familiarize yourself with fair housing laws in order to avoid possible liabilities or violations. These violations can often be expensive and can damage your reputation with clientele. Your instructor will cover the fair housing laws in the United States as pertaining to property management and will provide you with a detailed look at scenarios where you could find yourself in violation of fair housing laws. In addition, your instructor will also offer useful examples and suggestions for you to incorporate into your practice in an attempt to avoid fair housing claims.
This course is iPad compatible. For many real estate professionals, short sales and foreclosures have become a significant part of their business. These types of transactions can be challenging and complicated so it’s crucial that you know exactly what you are doing. Knowing how to maneuver the complexities of short sales as well as how to identify the distinct real estate opportunities in foreclosure are not merely good skills to have in today’s market – they are crucial! This course will help students become comfortable identifying and handling short sales and foreclosures. We will be covering the basics of getting started with short sales including definitions, challenges and finding leads. We’ll also discuss obtaining; servicing, marketing, and completing the sales process for a short sale listing. You’ll also learn all about the foreclosure process, including the market opportunity, definitions, and types of foreclosures, REO properties and options to foreclosure for the homeowner. Finally, we’ll cover the entire process of listing, marketing and closing the foreclosed/REO property.
Liens, taxes, and
foreclosures are perhaps three of the most important components of the real
estate market. This course will provide you with a comprehensive study of all
aspects of liens, titles, and foreclosures, addressing all types of liens and
their classifications. Your instructor will also discuss taxes and their
importance in the real estate industry, in addition to foreclosures and how to
delay and dispute them.
This course is iPad compatible.
This course is iPad compatible. Like so many industries, technology is rapidly changing the way real estate professionals conduct their business. Now more than ever, agencies are using the Internet to interact with consumers and create new and innovative marketing platforms. However, the term “technology” is multifaceted in the real estate world. It’s not only the Internet that real estate professionals are using to their advantage. It’s smart phones, online mapping, mobile apps, printers, scanners, and more. Your instructor will review how technology has affected the real estate industry, how it’s changed the real estate consumer, and how the modern real estate practitioner can best utilize technology and all the different tools available to best service a continuously evolving market.
For over 30 years, the Real Estate Settlement Procedures Act (RESPA) has ensured that consumers throughout the United States are granted accessible and helpful information on the cost of mortgage settlements and are protected from unreasonably high settlement charges. This Act has seen its share of changes over the years, and as a practicing real estate professional, it is important that you are knowledgeable about its most recent revisions, specifically the new TILA-RESPA Rule. When the rule and changes go into effect on October 1, 2015, your clients will encounter new forms and procedures at the closing table. Your instructor will cover the primary objectives of TILA-RESPA Rule, identify those documents that have been replaced, and cover the specific details of each new form.
This course is iPad compatible. During the past decade or so, historic swings in housing, labor and stock markets have defined an economic climate which can only be described as uncertain. The economic unpredictability of the Great Recession of 2007 permeated every facet and demographic one could imagine. Gen Y’s postponement of their financial independence has recently created a new brand of tenant - the Generation Y tenant. An unprecedented increase in the amount of Generation Y young adults live with their parents - a statistic that convincingly demonstrates that the millennial generation has delayed their financial independence. Meaningful and compelling social focus has been performed to reveal how this new generation of young adults have fared in the wake of the Great Recession; with particular attention devoted to the comparison of Generation Y’s delayed financial independence compared to previous generations. This course explores how the field of Property Management has changed in reaction to tenant demographics that are vastly different from the typical tenant of past.
Many people in the real estate industry often are tremendously confused when it comes to determining the appraiser’s role in a real estate transaction. For real estate professionals, appraisers are often seen as a roadblock because their opinion on the value of the property often determines whether or not a deal is closed. Your instructor will clear up some of the confusion that surrounds real estate appraisal by demonstrating how to work collaboratively with appraisers and by providing you with information on the steps you can take when you feel as though the assessment that the appraiser has made was flawed.This course is iPad compatible.
This course is iPad compatible. This course describes some of the most important aspects of the element lead, one of the oldest known elements on earth. It begins with a brief history of lead, including historical and modern uses. A discussion follows of the most common sources for lead contamination both inside the home as well as outside the home.
Once a general understanding of lead and its likely sources of exposure is discussed, the course narrows in on the laws surrounding this toxic element, with a particular focus on those of relevance to property managers. Of vital importance is the Lead Renovation, Repair, and Painting Rule (RRP). As property managers, it is also important to have a basic understanding of the Lead-Safe certification process for firms as well as for individual renovators. Your maintenance staff, your company, or those you hire for repair work may need this certification. If you perform the work, you may need the certification yourself. Specific points of the RRP law and amendments are addressed.
Finally, the course asks you to consider a hypothetical scenario in which a property manager has neglected to follow requirements of various laws and asks you to consider the violations made. Some of the specific health effects associated with lead exposure in children (as well as adults) are described. The course ends with descriptions of the legal responsibilities of the property manager to tenants when leasing or renovating older buildings. Questions you should ask of potential contractors and a variety of resources are described and provided.
This course is iPad compatible. This course provides an in-depth look at FHA mortgage lending policies. The purpose is to familiarize real estate professionals with the current regulations and how they apply to residential lending of various property types. First, it investigates what FHA deems to be unacceptable locations. It details potential hazards such as subsidence, heavy traffic, and proximity to high-voltage transmission lines and high-pressure gas lines. Next, it analyzes specific issues about the property itself. This includes an analysis of the physical improvements and site improvements, such as wells and septic systems. Later, it addresses defective structural conditions and maintenance issues. It details when properties can be approved “as is” and when they need to have repairs or replacement of defective items. It also indicates the requirements for satisfactory inspection of mechanical systems such as heating and cooling systems, plumbing and electrical systems. It examines FHA 203(K) and Streamlined (K) mortgages that are designed for rehabilitation. It will also document the FHA requirements for various specific property types.
This course is iPad compatible. An individual with a disability is defined by the Americans with Disabilities Act (ADA) as a person who has a physical or mental impairment that substantially limits one or more major life activities, a person who has a history or record of such an impairment, or a person who is perceived by others as having such an impairment.
The Americans with Disabilities Act protects this group of people so that they may have equal access to public accommodations, employment, public services, and so on. Real estate licensees must be aware of these important laws so that they understand what is required in the built environment, and also the appropriate treatment of this protected class of consumers under the law.
This course goes beyond the basics that real estate licensees learn in their pre-licensing courses. Upon completion of this course, real estate professionals will have a deeper understanding of the purpose, history, application, and enforcement of the Americans with Disabilities Act.
This course is iPad compatible. This course is designed to educate real estate professionals about real estate crowdfunding, the opportunities for individual investors, how real estate companies can raise capital to fund projects, and how to get started. Detailed discussion of related regulations will also be provided.
Course Learning Objectives
Upon completion of this course, the student will be able to:
Differentiate between accredited and unaccredited investors in the context of crowdfunding
Identify four key pieces of legislation that impact real estate crowdfunding
List the benefits of pending legislation to the small real estate investor and to developers
Quantify the benefits of CRE investing through crowdfunding platforms
Identify advantages presented by the different product types available through crowdfunding, both to investors and developers
Identify at least 2 specific tools for investors to use in evaluating purchases offered through crowdfunding platforms
Compare closing times for crowdfunded projects vs. those using traditional financing routes
List 3 specific benefits to raising capital via crowdfunding over traditional sources.
Define guaranteed pre-funding and discuss its advantages
List the benefits outlined by the idea of 300>1
This course is iPad compatible. Commercial real estate encompasses a wide array of property types – from office and retail space, to residential rental properties, to heavy manufacturing and warehousing. Some real estate licensees may cover the spectrum of commercial real estate, while others will choose to specialize in one or a few distinct types of properties and/or clients. These transactions may be simple or quite complicated. In addition, knowledge of sophisticated financial software programs is an important tool for successful transactions. This course serves as a primer for those wishing to enter into the commercial real estate business, and for those who wish for a back-to-basics refresher.
This course is iPad compatible. This course covers the general topics that affect those professionals tasked with the responsibility of professionally managing real property. Students will first be introduced to those issues that directly impact property owners. The second chapter outlines the matters relating to tenant-centric topics. Finally, the last chapter details pitfalls a professional property manager faces operating a business as a property management business owner.
Course Learning Objectives
Upon Completion of this course, the participant will be able to:
• Identify property management basics
• Identify the varying types of property owners and their differing needs
• Understand the concept of Capitalization Rate and calculate one for a rental property
• Identify various rental payment plans and the benefits each offers
• Explain the risks of filing a tenant eviction
• Identify lead-based paint issues in residential rentals
• Recognize the different organizational structures of companies
• Identify Federally protected Fair-Housing classes
• Identify and avoid antitrust violations
This course contains audio and video. This course is designed to help licensees working with clients in the luxury market. It is intended to give real estate professionals working in the luxury real estate market the information and tools to grow their business via social media. Strategies for engaging luxury consumers, useful tools and how to use them, and ways of developing and managing a social media marketing plan will be presented.
This course is iPad compatible. This course is designed to educate real estate professionals about the process and advantages of using IRA funds to invest in real estate. It will include information on the history of investing retirement funds in real estate, how the process works, market conditions that make it an attractive option, and the effects of market volatility. Particular areas of discussion include different types retirement accounts, their costs and regulation, finding eligible properties and managing the investment, and guidance on managing profits from sales, writing off loss, tax penalties and other considerations.
This Course is iPad compatible. This real estate finance course will cover, in detail, the root definitions of mortgages, trust deeds, title insurance, and other factors associated with the field of real estate. Additionally, we will cover how the primary and secondary mortgage markets interact with one another, and how the Central Bank and federal government either open or close off the figurative “floodgates” of access to money.
This course is iPad compatible. Land is a finite and scarce asset. There is only so much of it across the U.S.A., and an even smaller percentage of land which is buildable with access to water, public utilities, roads, schools, and other very important components.
Finding, brokering, disclosing, building, and / or reselling raw, unentitled land with little to no improvements or fully improved land that is ready for a builder or developer to break ground on for anywhere from one custom home to upwards of hundreds or thousands of single-family, condominium, townhome, or multi-family apartment units is one of the most important processes in the real estate investing, brokering, and development fields today. For investors, buyers, contractors, and / or developers, the highest percentage of their potential profit margins may come from buying the perceived undervalued dirt or land at the cheapest price possible. The more informed that a client’s real estate agent is today regarding land opportunities, then the higher the potential financial upside or profit margins may be for the same clients.
Some real estate agents may focus their entire careers primarily on being a “Land Broker” while others may only spend some of their time or even none of their business careers working on land deals in their regions of interest either locally or even on the other side of the nation.
This course is iPad compatible. Urbanization is not a new phenomenon, but what is significant about urban growth today is the accelerated pace at which it is occurring. According to the UN, more than 1 million people move to cities globally every week and 6.3 billion will be living in cities by 2050. That is 67% of the world’s population. For real estate professionals, this means that business strategies must evolve with the changing patterns of demand in urban, suburban, and rural regions of property development. This course will provide you with the tools you need to navigate the ever-evolving real estate market by providing you with statistical histories on urban, suburban, and rural U.S. regions, an explanation of the “boomerang” effect from cities to suburbia and vice versa, and information on the current popularity of urban areas, among other topics.
This course is approved for all licensees and is a good topic for commercial biased agents and brokers.
This course is iPad compatible. This course is designed to help licensees working with or considering working with buyers statistically designated as low to moderate income households by federal and state guidelines. The history and current environment for affordable housing will be explored with emphasis on identifying and overcoming if possible the challenges to making homeownership a reality for this market.
This course will focus on those tools necessary to successfully market, negotiate, and close the sale of a property. Participants will examine the components of a Competitive Market Analysis, as well as the factors that can cause the value and listing price of a property to be different. Students will also discuss the process of a transaction from offer to contract to closing, with special emphasis on the negotiation from initial offer to contract. In addition, students will also look at some of the issues that can arise between contract and closing, and what steps to take if the transaction comes apart at closing.This course is iPad compatible.
The course is iPad compatible. Real estate trust accounts are typically separate accounts that are municipally required to be maintained and monitored by licensed real estate professionals (brokers, property management companies, individually licensed property managers, etc.) for the purpose of depositing certain funds received on behalf of a client or business entity. A real estate brokerage company, or similar licensed business, will usually set up a trust account at a bank or other lawfully recognized depository. The funds deposited in the trust account are received by a broker, salesperson, property manager, or the like on behalf of an individual (usually the buyer, renter, or lessee), and are held in the performance of any acts for which a real estate license is required.
The main purpose of this course is to help further educate licensed real estate and similar industry professionals about trust accounts that are used in a variety real estate formats. Trust accounts are mandated by various municipal entities, and often guided by specific state legislation. This review will delineate multiple areas where trust account types are required, and explain how they work and function within numerous real estate vocations and corresponding business relationships.
Approval #: Sponsor Code:
This is a non-credit, professional development course.How would you like to generate business from social media in under 15 minutes a day? Whether you are new or well-versed to the world of social media & looking for a way to take it to the next level, this course teaches you why social media has become a force in business, how you can find & connect with potential clients online, plus a behind the scenes tour of Facebook, Twitter, LinkedIn, Active Rain, YouTube, Pinterest & More.
This is a non-credit course.
This is a non-credit, professional development course.Are you aware of all of the free and inexpensive Google tools that are available to help you reduce your business operating costs, streamline communication, and improve your work efficiency? In this 3-hour course, we'll introduce you to the best of these tools for your real estate business and show you how to leverage the Google search engine and advertising network to increase your presence in the marketplace to retain and/or attract new business.