Idaho Real Estate Continuing Education Courses

Explore changes in the Idaho real estate regulations to ensure your business practices remain compliant. 

COURSE HIGHLIGHTS: 

• Explain the importance of a clear and unambiguous contract
• Recall 2020 Law and rule changes impacting your real estate practice
• Recognize when to advise a client to consult with another professional as described in Idaho Code 54-2087

This course was created and designed to train and instruct REALTORS® on the practical application of the REALTOR® Code of Ethics and fulfills the REALTOR® Triennial Ethics Requirement.
Every three years, the National Association of REALTORS® requires members to complete a REALTOR® Code of Ethics course in order to remain in good standing with their local, state, and national associations. Courses that qualify and meet this requirement are offered by Associations. This course covers professional conduct, courtesies, business etiquette, and real-life scenarios. REALTORS® are required to provide a valid certificate of course completion to their local associations. The course must be one provided by a local, state, or national REALTOR® Association.
The deadline for all REALTORS® to complete the mandatory Code of Ethics course is 12/31/2021 and every three-year period following that deadline.
Classes that satisfy the NAR® requirement for the REALTOR® Code of Ethics must contain information about the history of the Code, Preamble, Articles of the Code, Standards of Practice, and the Code's Dispute Resolution Process.

Whether you are new to commercial real estate or you are still trying to decide if a career in commercial real estate is for you, this course will provide you with a foundational understanding of commercial real estate.

In this course, you can start down the road to understanding commercial real estate, also referred to as investment real estate. It’s worth noting that the context of real estate, the terms commercial and investment are commonly used interchangeably. We’ll discuss commercial real estate and investment real estate at a high level, looking at the marketplace and some of the pros and cons of dealing in commercial and investment properties. We’ll look at leases and we’ll discuss how commissions are paid on commercial real estate transactions.

By necessity, the commercial real estate industry has developed its own language to describe the market and properties for sale. The language of commercial real estate may contain some unfamiliar real estate terms, but as you move through this course, you will become familiar and comfortable with these terms.

To be successful in the real estate industry, you need to study the trends to understand the consumer, so you can know how to provide better service. Today’s consumers are looking for real estate agents who understand technology and can use various technologies and applications to communicate. In this course, we will discuss the best methods of communication when working with Millennial and tech-savvy consumers. You will learn why video is one of the number one tools you need to take advantage of to attract these consumers. By the end of the course, you will have the resources you need to take advantage of current technology and apps that will help you communicate effectively with a variety of consumers.

Gain valuable insights on the least understood – and most-used document in real estate: the contract. 

COURSE HIGHLIGHTS: 

• Take a unique look at contracts including their history, evolution and definitions 
• Learn how to create a valid contract and the proper format
• Gain insights on contract types and Statute of Frauds 
• Learn how to recognize a breach of contract

The Supreme Court is the State of Idaho’s court of last resort. If a case goes to the Supreme Court after summary judgment occurs, the Supreme Court does not retry the case. Because the law is different in every state, Idaho courts reviewing a similar case may rule a different way on the same issue. Idaho courts are not bound to follow case precedent in other jurisdictions. But sometimes, these cases are instructive.

Reviewing and understanding these cases will help to expand your knowledge on recent case law updates, offering important takeaways that can help Idaho licensees to develop appropriate risk reduction techniques.

Idaho legislation is designed to protect consumers in real estate transactions. As business and economics constantly change, so must the laws. Most recently, bills were passed that impacted

Idaho Code Title 54 Chapter 20 regarding the definitions related to Idaho real estate law, Title 63 on revenue and taxation, and Title 67, which covers state government and state affairs.

The IREC provides a series of guidelines as supplements to the state statutes. These guidelines are the Commissioner’s explanation of license law and rules. They are meant to help licensees better understand the laws by providing practical and meaningful advice. These guidelines are not new laws, but rather they are an agency interpretation of existing laws.

Professionalism and etiquette are important in all your business interactions, as they can benefit your career and help increase your earning power. Being a professional means that you are conscientious, courteous, and respectful, not just to your customers and clients but also to your co-workers and other real estate professionals that you do business with.

“How much do you think it is worth?” This may be the most frequently asked question in real estate. Every day a client or customer will ask about the fair price or fair rental for a property, and an agent must be prepared to answer knowledgeably. Some of the most important services a listing agent can provide are to be familiar with how the worth of property is determined and to be able to explain it to the client.

Most homeowners know, within a range, the value of their home. Many are unaware that they have used some of the same techniques the listing agent and the professional appraiser used in determining the value of the home. For example, the homeowner may know the selling prices of their neighbor’s house and the house down the street. They have added to—or subtracted from—the value of their own house, depending on amenities, location, and condition, and have determined a fairly accurate value.