Approval #:17RR0054 Sponsor Code:
This course is iPad compatible. This course examines the different tools a supervising broker needs to know to be an effective supervising broker including trust accounting, agency disclosures and relationships, temporary supervising broker, how to become more paperless, conflict resolution, contract provisions and how to create an effective policy and procedures manual that both instructs salespeople of their obligations and teaches them how to effectively perform their job while ensuring the public is protected. This course is intended for brokers in Montana who hold the supervising broker endorsement. This will ensure you maintain the endorsement. Once obtained, the supervising broker endorsement will expire if you do not take four hours of an approved supervising broker course every year.
Mandatory Topic- Brokerage Management
Approval #:16RR0120 Sponsor Code:
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.
Approved for Property Management Topic - Trust Accounts
Approval #:17RR0052 Sponsor Code:
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.
Approval #:17RR0053 Sponsor Code:
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.
Approval #:16RR0114 Sponsor Code:
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.
Approval #:15RR0189 Sponsor Code:
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.
Approval #:16RR0053 Sponsor Code:
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.
Approval #:16RR0095 Sponsor Code:
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.
Approval #:16RR0052 Sponsor Code:
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.
Approval #:17RR0051 Sponsor Code:
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.
Approval #:16RR0067 Sponsor Code:
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.
Approval #:16RR0002 Sponsor Code:
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.
Approval #:17RR0055 Sponsor Code:
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.
Approval #:16RR0003 Sponsor Code:
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.
Approval #:16RR0050 Sponsor Code:
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.
Approval #:17RR0050 Sponsor Code:
This course is iPad compatible. This course is designed to give basic knowledge to the real estate agent working with hydrocarbon rich land in the Bakken and Niobrara Shale regions. The course is designed as an introduction to explain the basics of the oil and gas operations as well to act in the best interests of their clients.
Approval #:16RR0049 Sponsor Code:
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.
Approval #:RR0056 Sponsor Code:
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!
Approval #:16RR0047 Sponsor Code:
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.
Approval #:16RR0057 Sponsor Code:
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.
Approval #:16RR0056 Sponsor Code:
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
Approval #:16RR0123 Sponsor Code:
This course is iPad compatible. The purpose of this course is to help educate real estate professionals in high-risk fire states about the potential impact that wildfires have on real estate: land, structure, insurance, luxury homes, businesses, water resources, disclosures, safety, marketing homes in high-risk areas, the import of smoke and contaminant testing of wildfire on real estate, and more.
The number of wildfires in the United States has increased dramatically during the last several years. The broad consequences to residences and businesses have made it paramount for real estate brokers, property managers, investors, and others involved in the real estate market to educate themselves and their clientele on the varying effects that wildfires, and the smoke contaminants they produce, can have on the safety and marketability of properties.
Approval #:16RR0054 Sponsor Code:
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
Approval #:16RR0048 Sponsor Code:
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.
Approval #:17RR0049 Sponsor Code:
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.
Approval #:16RR0088 Sponsor Code:
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.
Approval #:16RR0055 Sponsor Code:
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.
Approval #:15RR0172 Sponsor Code:
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.
Approval #:16RR0068 Sponsor Code:
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.
Approval #:16RR0051 Sponsor Code:
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.
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.