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Industry Overview

Real Estate Broker OR Real Estate Agent

Real Estate Broker: a person who is authorized to act as an agent for the sale of land; “in England they call a real estate agent a land agent”
A real estate broker is a term in the United States and Canada which describes a party who acts as an intermediary between sellers and buyers of real estate (or real property as it is known elsewhere) and attempts to find sellers who wish to sell and buyers who wish to buy. …
A person licensed by the state who represents a broker in real estate transactions.
A person licensed to negotiate and transact the sale of real estate on behalf of the owner.
A licensed person who works under the direction of a broker selling and renting real estate.
Salespeople OR Real Estate Sales Agent: who assist buyers and sellers in the purchase and disposition of property are real estate agents. Most states require that prospective agents take a number of classes and pass a real estate licensing exam in order to function in this role.
This is a professional who helps buyers find a home they want, negotiate the offer for the price of the home, and finalize the details of the sale …
means a person who is engaged in rendering any service in relation to sale, purchase, leasing or renting, of real estate and includes a real estate consultant;
A licensed sales agent working under the authority of a Real Estate Broker. In some states, agent is required to have a broker’s license, in others, only a sales agent license is required. Check with a state’s Board of Realtors for their requirements.
An individual who can show property for sale on behalf of a seller, but who may not have a license to transact the sale and collect the sales commission.
An intermediary who buys and sells real estate for a company, firm, or individual and is compensated on a commission basis. The agent does not

Mortgage OR Loan Officer

A mortgage broker acts as an intermediary who sells mortgage loans on behalf of individuals or businesses.
A firm that originates and processes loans for a number of lenders.
An individual or firm that acts as an agent for both the borrower and the lender of a mortgage loan. The broker places the borrower and lender in contact with each other, and receives a commission from the borrower if a loan results. …
Trained professionals with a wealth of knowledge and experience to find the mortgage that best suits your needs, at the best rate available, from a large selection of lenders that include most major banks, trust companies, credit unions. A mortgage broker works for you, not for the lender. …
A professional that helps consumers through the loan selection, processing, and closing a mortgage loan. Most mortgage brokers have access to a wide range of mortgage products through many mortgage lenders. Mortgage brokers are paid a fee by the borrower when a suitable mortgage is found and closed.
One, who for a fee, brings together a borrower and lender, and handles the necessary applications for the borrower to obtain a loan against real property by giving a mortgage or deed of trust as security.

Appraisal

A valuation of property (e.g. real estate, a business, an antique) by the estimate of an authorized person.

The act of estimating or judging the nature or value of something or someone.
An estimate of value, as for sale, assessment, or taxation; valuation.
An estimate or considered opinion of the nature, quality, importance, etc: the critics’ appraisal of pop art; an incorrect appraisal of public opinion.

Home Inspection

What Is A Home Inspection?

An inspection is essentially a “visual snapshot” of a home’s condition as it exists at the time of the inspection, and that condition is described in a comprehensive written report.

An inspection consists of a non-invasive physical examination of a home’s systems, structures and components intended to identify material defects that exist at the time of the inspection. The heating and cooling equipment is activated along with operating plumbing fixtures, testing accessible electrical outlets and fixtures, and operating a representative sampling of doors and windows. A visual inspection of the roof, crawl spaces, walls and drainage adjacent to the home are included.

In Conclusion:

An inspection is a visual examination of the structure and systems of a building. If you are thinking of buying a home, condominium, mobile home, or commercial building, you should have it thoroughly inspected by an experienced and impartial professional home inspector.

Real Estate Learning Content Libraries

Our expansive and e-learning training and content library features self-paced, online-pre-licensing and continuing education courses for;

Real Estate Pre-license
Real Estate Post license and Continuing Education
Mortgage Licensing Education
Title Insurance & Escrow Education

Our e-learning and training course library provides courses suited to varied learning styles including:

Online Courses: 100% online with multi-media and audio
e-Book/PDF Courses: Online textbooks with online exams
Home Study Courses: Print textbooks with online exams

Course Listings and Locations

Real Estate Pre-license

Closing and Settlement Costs
Code of Ethics
Contracts, Purchases and Sales Agreements
Environmental Hazards
Fair Housing
Law of Agency
Liens, Taxes and Foreclosures
Listing Agreements
Real Estate Appraisal
Real Estate Contracts
Real Estate Finance
Real Estate Math
Practices and Principles
Real Property Ownership and Land Use
Titles and Records

Real Estate Post-license and CE t-license and C t

1031 Real Estate Exchange
Agency Law
Asset Management
Closing and Settlement Costs
Contracts, Purchases and Sales Agreements
Deeds
Environmental Hazards
Estimating the Gross Living Area
Fair Housing
Home Inspection Basics
Leases
Liens, Taxes & Foreclosures
Code of Ethics
Property Management
Real Estate Appraisal
Real Estate Finance
Real Estate Math
Real Property Ownership and Land Use
Tax Favorable Real Estate Transactions
Titles & Records

Coming Soon!

Credit Reports, Credit Scoring and FACTA

Mortgage

1031 Exchanges
Closing & Settlement Costs
Contracts, Purchases & Sales Agreements
Fair Housing
Fundamentals of Mortgage Lending
Liens, Taxes & Foreclosures
Real Estate Appraisal
Real Estate Finance
Titles & Records

Coming Soon!

S.A.F.E Mortgage 20-hour Pre-license Course
S.A.F.E Mortgage 8-hour Continuing Education Course
Credit Reports, Credit Scoring and FACTA

Insurance and Escrow

1031 Exchanges
Closing & Settlement Costs
Contracts, Purchases & Sales Agreements
Deeds
Ethics for Insurance Professionals
Ethics for Title Insurance Professionals
Fundamentals of Mortgage Lending
Gramm, Leach Bliley Act
Introduction to Title Insurance & Land Titles
Liens, Taxes & Foreclosures
Titles & Records
Understanding an Appraisers Role

Coming Soon!

Real Property Ownership & Land Use for Title Companies
Settlement Agents Guide to Closing Costs

1.1 Course Information:

There are three types of courses:

Real Estate Pre-license: For individuals that need to take to obtain a Real Estate license.
Real Estate Post-License (SAE in Texas): Special requirements that some states have for a licensee’s first renewal
Real Estate Continuing Education (also called CE, or MCE in Texas): For individuals that need to continue practicing and renew their license.

360Training, Inc. provides these courses in the following formats:

Online courses: The entire course material including tests and quizzes are available on the websites.
Correspondence courses: The student reads the material in the books/cds and takes the final exam on the website. (Refer to Appendix A for a list of resellers who use physical/non-virtual material.
PDF courses: Newly launched product (currently available @ www.agentcampus.com, www.schoolestate.com) that is a similar concept to correspondence courses.

Currently, 360Training, Inc. only provides Pre-License courses for Texas, Illinois, Georgia, California, Michigan, Florida, Virginia, and Washington.

1.2 Certificate/Affidavits Processing/Reporting Hours:

In most cases students are allowed to print their certificates of course completion from the websites that they took the course. 360Training can also email or fax these certificates to the student if requested. Students need to make sure that they are using Adobe Acrobat Reader (version 6.0 or greater) to view and print these certificates. Different states have different requirements, however, the most popular one remains Texas.

Texas Pre-License courses: Students can print the certificates and forward them to Texas Real Estate Commission (TREC)

Texas CE Courses: all courses have a provider who will be responsible to reporting the student’s credit hours to TREC. The student needs to fax us the completed affidavits and the Austin CS Department electronically notifies TREC about course completion. It is imperative to understand that 360Training only processes information for students/schools for which we are the “providers”. **notice the provider name on the TREC form**. If a different provider name is listed on the form, then the student needs to contact the associated provider with any post-completion questions.

This is step-by-step of how the reporting of hours works:

Receive completed fax with correct information from student
Determine the VU the course was taken with.
Login to LMS and process the certificates for the students.
Electronically report the hours to TREC.
Approximate time for information to reflect in TREC’s database = 30 days.

To check if a student’s hours have been reported to TREC, please go to the following website: http://www.trec.state.tx.us/licenseeLookup/search.aspx

Real Estate

Enter the Texas Real Estate License Number (available from tech page or from the student) and click “Submit”. The next screen will display a history of all hours that have been reported for the student by all providers they have taken courses with.

//**At times, some websites have the just one certificate for all courses. Such certificates are also available on the “Help” page of the Virtual University/VU.

1.3 Refund Policy: A student has a period of 3 days from the date of registration to request for a refund. Any students calling for refunds or course swapping for School estate are supposed to be directed back to the school.

STATE REQUIREMENTS

2.1 TEXAS.

Real Estate Pre-license Courses (Texas):

Starting with the Pre-License courses, Texas is the most popular state being handled by 360Training, Inc. Following are the state requirements for obtaining a real estate license in the state of Texas

To be eligible to apply for a real estate Salesperson License, an individual must be a citizen of the United States or a lawfully admitted alien, eighteen (18) years of age or older and a legal resident of Texas.
To be eligible to apply for a real estate Salesperson License an individual must furnish the Texas Real Estate Commission (TREC) satisfactory evidence of successfully completing the following education.

Principles of Real Estate “Core” real estate course. (60 hrs)

Principles of Real Estate I

Principles of Real Estate II

Law of Agency “Core” real estate course. (30 hrs)
Law of Contracts “Core” real estate course. (30 hrs)
An additional 90 hours in “Core” or “Related” courses.

Evidence of successful completion shall be presented via credit transcript or certificate PRIOR TO filling a Salesperson License Application form. DO NOT submit original transcripts and/or course completion certificates. Keep the originals for your personal files and send photocopies to the Commission.

The requirement for pre license courses is 210 hours. If you have college credit you may use up to 5 courses to count for up to 60 hours of credit. Please check this link to see if your college credit qualifies:

http://www.trec.state.tx.us/Education/related.asp

You may contact the Texas Real Estate Commission at: 1-800-250-TREC (8732) or www.trec.state.tx.us to see how many hours your college credit is valid for.

Lamar

Lamar University is a MyCAA approved school

AgentCampus.com Texas Pre-License courses are provided by Lamar University

What is the MyCAA program?

The Military Spouse Career Advancement Accounts (MyCAA) program is the Department of Defense’s (DoD) employment assistance program for military spouses of active duty service members.

The (MyCAA) program provides up to $6,000 of Financial Assistance for military spouses of active duty service members who are pursuing education, training, licenses, certificates and degrees leading to employment in Portable Career.

How to get started with the MyCAA Program

Call AgentCampus.com and discuss your career choices with one of our Enrollment Specialists.
Register with MyCAA to receive approval. Follow this link to Register. Or go to https://aiportal.acc.af.mil/mycaa/default.aspx
Students should enter Lamar University – Continuing Education as the school in the MyCAA system. Our Texas course are provided in conjunction with
Upon approval (MyCAA will verify spouse DEERS eligibility); students should call their Enrollment Specialist on AgentCampus.com to find out how to get registered for classes.
Start your training in real estate and move towards your new career.

How to determining student eligibility for the MyCAA program? Please refer student to see the MyCAA Fact Sheet at https://aiportal.acc.af.mil/mycaa/FactSheet.aspx which provides basic information about the MyCAA program and military spouse eligibility.

Who Is Eligible: Spouses of DoD Active Duty members and activated members of the National Guard and Reserve Components are eligible. The period of eligibility for spouses of Guard and Reserve members is from the date of the Alert or Warning Order for Military Recall or Mobilization, through activation and deployment until 180 days from De-Mobilization.

Military spouses who are legally separated under court order or statute are ineligible. Spouses who are Active Duty or activated Guard or Reserve members themselves are ineligible. Title 10 U.S. Code, Sec. 1784a does not allow MyCAA to provide FA to Coast Guard spouses or spouses of service members Killed in Action (KIA).

Eligible students should call AgentCampus.com to start immediately. Please call one of our Enrollment Specialists at 888-360-8724 to learn more.

Click here to view our Texas Pre-License courses, provided by Lamar University – a MyCAA approved school

SAE:

All active AND inactive salespersons, who are under the Salesperson Annual Education (SAE) requirement, must show evidence of having completed a minimum of 30 hours in Core or Related real estate education each year or until a total of 270 hours have been completed. Effective January 1, 2002 at least 210 hours of the 270 must be in core real estate, and the other 60 hours may be in Related. Evidence of successful completion must be received on or before the renewal filing deadline. If this document is not received on time, the license will expire.

For SAE credit you MUST take a 30 hour course. You CAN NOT combine courses with less than 30 hours to achieve a total of 30 hours. You MUST take a single course that is 30 hours in length.

Real Estate Continuing Education Courses (Texas):

To renew an active salesperson license that is NOT subject to the annual renewals (SAE courses) required by the Texas Real Estate License Act or to renew an active real estate broker license, the licensee must provide the commission proof of attendance of at least 15 classroom hours of continuing education courses approved by the commission during the term of the current license. At least 6 hours of the 15 must be in acceptable legal topics approved by the Texas Real Estate Commission.

As a condition of returning to active status, an inactive salesperson whose license is not subject to the annual education requirements of the Texas Real Estate License Act (SAE hours) must provide the commission with proof of attendance of at least 15 hours of continuing education with at least 6 hours of legal topics during the two-year period preceding the filing of the application.

To satisfy Texas Real Estate Commission requirements for MCE, you must complete ALL 5 MCE courses (for a total of 15 hours) with a minimum of 6 hours legal i.e. (3 hours of TREC Ethics and 3 Hours of TREC Legal)

These 5 courses include: Code of Ethics, RE Finance, Fair Housing, Environmental Hazards, and Asset Management.

Please note: Any student can’t repeat a course within a 3 year time period.

Texas Mortgage Continuing Education:

State Requirements

You must have 15 hours of Continuing Education. 8 hours of required training and 7 hours elective courses.

May be delivered in classroom, classroom-equivalent, correspondence, online, or seminar settings.
Fulfills license renewal educational requirements established in the Mortgage Broker License Act, §156.208(a)(3)(A) for mortgage brokers and §156.208(b)(3)(A) for loan officers. The Act requires a licensee to have attended, during the term of the current license, 15 hours of Commissioner-approved continuing education courses unless the licensee maintains an active license in other specific professional fields.

A renewing licensee must select courses approved as core for at least eight hours of the required training while the remaining seven hours may come from the continuing education courses to fulfill their requirements for licensure renewal.

2.2 ILLINOIS

Real Estate Pre-License Courses (Illinois):

Salesperson –
Before you can take the Illinois salesperson exam, you must complete the 45 Hour Real Estate Transactions course.

Broker –
Broker applicants are required to complete 120 hours of approved course work, 45 hours of which shall be the 45 hours required to obtain a salesperson’s license, 15 hours of Advanced Principles, 15 hours of Brokerage Administration, 15 hours of Contracts and Conveyances, and two 15 hour approved Elective courses.

Illinois applicants with a valid sales license are required to complete an additional 75 hours of approved course work.

Illinois applicants who are currently admitted to practice law by the Illinois Supreme Court and currently in active standing are exempt from the educational requirements and applicants with a Bachelors or Masters Degree in accounting, business, law, finance or real estate may be exempt from the educational requirements. Please contact the Illinois Office of Banks and Real Estate for further details at: 217-782-3000

Real Estate Continuing Education Courses (Illinois):

How many hours of continuing education hours do I have to take?

To renew your license, you must complete 12 credit hours of continuing education every two years.

When does my continuing education need to be completed?

Salespersons April 30, 2006
Brokers April 30, 2005

Are there any courses that are required?

Yes. You must take CORE A License Law & Escrow and CORE B Agency/Fair Housing. Each course is 3 hours for a total of 6 hours. The remaining 6 hours are electives.

What is required to complete the course?

To complete a continuing education course, you must score 70% or more on a proctored final exam. The proctor can be selected by you and is a disinterested 3rd party that is not related to you by blood, marriage, or any other relationship, which would negatively influence them from properly administering tests. In addition, the proctor can NOT be another Illinois Real Estate licensee.

What if I don’t pass the final examination?

If you don’t pass the final examination on your first attempt, you can retake the exam one more time, but on a different day.

I got my license last year; do I need continuing Education?

Salesperson licensees who have held their license for less than 1 year prior to the expiration date are exempt from continuing education on their first renewal.
Salesperson licensees who are renewing their license for the first time and have had their license for more than 12 months must complete 6 hours of core/mandatory continuing education prior to renewal.
Broker licensees who did not hold a sales license prior to obtaining their broker license follow the same rules for salespeople as stated above.

2.3 ARIZONA

Real Estate Continuing Education Courses (Arizona):

Complete 24 hours of state approved courses every 2 years,
These courses must include 18 hours of Mandatory courses including:
1. Commissioners Standards,
2. Contract Law,
3. Fair Housing,
4. Disclosures,
5. Real Estate Legal Issues, and
6. Agency Law.
The other 6 hours are elective courses
If you are a Designated or Self-Employed Broker, you are required to attend a Broker Management Clinic with every two year renewal. This will satisfy the Commissioner Standards requirement.

2.4 COLORADO

Real Estate Continuing Education Courses (Colorado):

The total CE requirement is 24 clock hours every 3 years.

Beginning on January 1st, 2003, the 8-hour Mandatory Course will no longer be a requirement for continuing education. Effective the same date, The Commission Update Course must be taken each year by brokers licensed in the state of Colorado. This course will change content on a regular basis to reflect legislative changes and current issues that affect the Colorado broker community.

Brokers will still be required to complete a total of 24 hours of continuing education within their three-year license period. These 24 hours must consist of nine (9) Commission Update Course hours and fifteen (15) hours of elective credits. As has been the case in the past, brokers can opt to take the state exam or the Broker Administration Course (one time) in lieu of the continuing education requirements.

Link to the Colorado Real Estate Commission

http://www.dora.state.co.us/realestate/ContinuingEd/ContinuingEducationUpdate.htm

2.5 LOUISIANA

Real Estate Continuing Education Courses (Louisiana):

By law, all real estate licensees holding Active licenses must complete eight (8) hours of approved continuing education course work each year to be eligible to renew for the next year. Real estate licensees holding Inactive licenses are subject to specific continuing education requirements prior to returning to Active license status based on the number of years of inactive licensure. Additional information concerning continuing education for inactive licensees may be obtained by calling the LREC at (225) 765-0191.

2.6 NEW YORK

Real Estate Continuing Education Courses (New York):

How many hours of continuing education hours do I have to take?

To renew your license, you must complete 22.5 credit hours of continuing education every two years from the date your license was received.

Are there any courses that are required?

No, there are no specific courses that are required.

What is required to complete the course?

To receive credit for a continuing education course, you must review all of the course content.

***Attention Student***

The New York Department of Licensing Services requires education providers to issue course credit to students who complete the online course within the state-mandated time period. This means, to complete the course you must sit for the required number of hours; for example, to receive credit for a three-hour course, you must literally sit for three hours of instruction.

Before beginning the course, please note:

1. Timing Clock: Each lesson is timed. To complete a lesson, you must sit until the clock displays 0:00. If you close the browser, log out of the course player (browser with I Course Player 2.1.8 in top left corner), or leave your computer idle for longer than 10 minutes, THE TIMER WILL RESET. If this happens, then you must return to the BEGINNING OF THE LESSON and the TIME WILL BE RESET. (Suggestion: If you log out, please do so after you complete a lesson or before you begin a lesson.)

2. Idle Timer: The course player detects activity. If you leave the course player idle for 10 minutes, then you WILL BE LOGGED OUT OF THE LESSON. If this happens, then you must return to BEGINNING OF THE LESSON and the TIME WILL BE RESET. You MUST hit the GREEN PLAY BUTTON, to prevent triggering the idle timer.

2.7 OKLAHOMA

Real Estate Continuing Education Requirements (Oklahoma):

Provisional Sales Associate – A provisional sales associate (PSA) is an entry level licensee, which is under the supervision of a real estate broker. A PSA can not enter into contractual agreements with a customer or client in his or her own name, but must enter into such agreement for and in the name of their sponsoring broker. In order to apply for a PSA license, a person must be of good moral character, eighteen (18) years of age or older, and submit evidence to the Commission of successful completion of Part I of ninety (90) clock hours of basic real estate instruction in a course that is approved by the Commission.

Upon passing the state examination and obtaining a PSA license from the Commission, the PSA has a Part II post-license education requirement of forty-five (45) clock hours that must be completed within the first year of obtaining a license. The Commission has identified core subject matter that qualifies to meet this requirement; and also approves other subject matter totaling forty-five (45) clock hours or more, as long as it is real estate related and is approved by the Commission. Once a PSA has completed Part II of the course requirement and has provided the Commission with evidence of such completion, at the end of their one-year license term their license will be issued as a sales associate (SA) license (upon submission of the appropriate form and fees.)

Sales Associate – A sales associate (SA) license is the same as a provisional sales associate (PSA) license except: 1) the sales associate no longer has a forty-five (45) clock hour Part II post-license education requirement, but rather has a twenty-one (21) clock hour continuing education requirement each active license term; and 2) the sales associate license is a three-year renewable license, as opposed to the provisional sales license which is only a one-year license.

In order to obtain a SA type of license, a person must be of good moral character, eighteen (18) years of age or older, and submit evidence to the Commission of successful completion of ninety (90) clock hours of basic real estate instruction in a course that is approved by the Commission.

Upon passing the state examination a sales associate must work under the sponsorship of a real estate broker. A sales associate cannot enter into contractual agreements with a customer or client in his or her own name but must enter into such agreement for and in the name of their sponsoring broker.

Broker – A broker license allows a person to do business as a firm and sponsor licensed associates (provisional sales associates, sales associates or broker associates.) The broker will be responsible for activities of their associates. In order for an applicant to apply for a broker license, the applicant must be of good moral character, possess two (2) years of active experience, or its equivalent, as a PSA or SA within the past five (5) years, and submit evidence of successful completion of ninety (90) clock hours of advanced real estate instruction in a course that is approved by the Commission.

A broker applicant may request the two years experience to be waived but no education course content may be waived. The broker applicant must show proof of successful completion in the basic, provisional post-license (or its equivalent) and advanced course of study prior to qualifying for the broker examination. Upon request from the Commission, an applicant may attempt to qualify for the two (2) year waiver and must submit all documentation as required by the Commission to verify the waiver. Upon passing the state examination, a broker has the option of applying for a license as a broker associate, proprietor broker, managing broker for a corporation or association, or as a broker partner of a partnership.

2.8 SOUTH CARLOINA

Real Estate Continuing Education Courses (South Carolina):

Real Estate Licensees are required to obtain eight hours of continuing education every two years. The eight hours shall include a minimum of two hours of instruction in current federal and state laws affecting brokers and salesmen (core courses).

SECTION 40-57-130. Conditions of renewal of license; continuing education; exemptions.

(A) As a condition of active license renewal, a broker or salesman shall provide proof of satisfactory completion biennially of eight hours of continuing education in courses approved by the department and taught by instructors approved by the department. The eight hours shall include a minimum of two hours of instruction in current federal and state law affecting brokers and salesmen.

(B) The following are exempt from the biennial continuing education required by subsection (A):

(1) A broker or salesman who successfully completes a post-licensing course is exempt for the period during which the course was taken;

(2) A broker or salesman while on inactive status; however, the eight-hour requirement must be completed and proof submitted with an application to return to active status;

(3) Instructors of approved courses if they request in writing continuing education credit for time spent teaching or developing approved continuing education courses;

(4) A nonresident broker or salesman who has successfully satisfied the continuing education requirements of the jurisdiction of residence;

(5) A broker or salesman upon reaching the age of sixty-five years with a minimum of twenty-five years of licensure.

(C) Brokers or salesmen taking more than the required number of hours during a two-year period may not carry forward any excess hours to another renewal period.

(D) A broker or salesman who fails to complete the continuing education requirements required by this section by the date of license renewal may renew by submitting applicable fees but must immediately be placed on inactive status and may not engage in the practice of real estate while on inactive status. The license may be reactivated upon proof of completion of required continuing education and payment of applicable fees.

2.9 WASHINGTON

Real Estate Continuing Education Courses (Washington):

All active real estate licensees in Washington must fulfill continuing education requirements every two years in order to remain licensed. Here’s a brief recap of Washington license renewal and continuing education requirements.

First renewal: To renew your license for the first time, you must have completed at least 60 hours of real estate courses approved by the Department of Licensing, including a 30-hour Real Estate Practices course and a three-hour Core Curriculum course. (Note: the more extensive first renewal requirements set forth in the 2010 license law do not apply to those who obtained their license prior to July 1, 2010.)

Subsequent renewals: For each subsequent renewal, you must have completed at least 30 hours of approved real estate courses, including the three-hour Core Curriculum course.

First renewal after June 30, 2010: If you were licensed before July 1, 2010, in addition to the renewal requirements listed above, you must also complete a 3-hour Transition Course before renewing your license for the first time on or after July 1, 2010. (You need to take this course only once; it is not required for subsequent renewals.)

Real Estate Broker’s License Requirments (Washington):

Have a high school diploma or equivalent.
Successfully complete 90 hours of approved real estate education within 2 years before applying for the exam. This education must include:

A 60-hour course in Real Estate Fundamentals.
A 30-hour course in Real Estate Practices.

3.0 TENNESSEE

AFFILIATE BROKER LICENSURE

Beginning Jan. 1, 2005, a 60-hour Pre-License Principles course and 30-hour Course for New Affiliates must be passed prior to licensure as an affiliate broker.

Affiliate Broker Continuing Education Requirements

NOTE: There are different requirements for affiliate brokers based on the date the affiliate broker’s license was issued. Check your license issuance date to be sure that you meet the correct education requirement for license renewal.

Affiliate Brokers licensed between July 1, 1980 and Dec. 31, 2004 are required to complete 16 hours of approved continuing education between Nov. 2, 2004 and Nov. 1, 2006 to renew their licenses.
Affiliate Brokers licensed between Jan. 1, 2005 and June 30, 2005 are not required to complete continuing education until their subsequent licensing period.
Affiliate Brokers licensed on or after July 1, 2005 are required to complete 16 hours of approved continuing education in their first and all subsequent licensing periods.

All affiliate brokers needing continuing education must take the TREC CORE 05/06 (a specific four-hour course which is approved for both classroom and home study delivery), and at least 12 hours of elective education.

Broker Education

Post License Education Requirements

“Brokers Licensed after January 1, 2001 must complete 120 additional hours of Commission approved education before the third anniversary of their broker license. Failure to comply with the post-broker education requirement will result in non-issuance of a license renewal. Brokers licensed after January 1, 2005 must complete continuing education requirements after completing the 120-hour post license requirement.”

For questions concerning your renewal, please visit the Tennessee Real Estate Commission

3.1 CALIFORNIA

Real Estate Continuing Education Courses (California):

California State Requirements

Salesperson Licensing Requirements:

Successful completion of the following college-level courses (total of 135 hours) is required to become a real estate salesperson:

Real Estate Principles; and
Real Estate Practice; and
One course from the following list:
- Real Estate Appraisal
- Property Management
- Real Estate Finance
- Real Estate Economics
- Legal Aspects of Real Estate
- Real Estate Office Administration
- General Accounting
- Business Law
- Escrows
- Mortgage Loan Brokering and Lending
- Computer Applications in Real Estate
- Common Interest Developments

Note: Members of the bar of any state in the United States or graduates of law schools recognized by the California State Bar will generally qualify on the basis of their education, and as such are exempt from the college-level course requirements. Evidence of admission to practice law, such as a photocopy of both sides of a current State Bar membership card, or of an LL.B. or J.D. Degree should accompany the application.

Also, applicants who submit evidence of having completed the eight statutory college-level courses required for the broker examination and license are eligible to take the salesperson examination without submitting further evidence of experience or education

Broker License Requirements:

Applicants for a real estate broker license examination must have successfully completed the following eight statutorily required college-level courses:

Real Estate Practice
Legal Aspects of Real Estate
Real Estate Finance
Real Estate Appraisal
Real Estate Economics or Accounting
And three* courses from the following group:
- Real Estate Principles
- Business Law
- Property Management
- Escrows
- Real Estate Office Administration
- Mortgage Loan Brokering and Lending
- Advanced Legal Aspects of Real Estate
- Advanced Real Estate Finance
- Advanced Real Estate Appraisal
- Computer Applications in Real Estate
- Common Interest Developments

* If both Real Estate Economics and Accounting are taken, only two courses from the above group are required.

Other Notes:

Continuing education offerings do not satisfy the college-level course requirements for this examination.
Applicants who submit evidence of having completed the eight statutory college-level courses required for the broker examination and license are eligible to take the salesperson examination without submitting further evidence of experience or education.
Courses must be three semester-units or four quarter-units at the college level. Courses must be completed prior to being scheduled for an examination. Copies of official transcripts are generally acceptable evidence of completed courses. Transcripts of other courses, submitted as equivalent course of study in lieu of the statutory courses, must be accompanied by an official course or catalog description in order to be evaluated.
Broker qualification courses must be completed at an institution of higher learning accredited by the Western Association of Schools and Colleges or by a comparable regional accrediting agency recognized by the United States Department of Education, or by a private real estate school which has had its courses approved by the California Real Estate Commissioner.
Courses completed through foreign institutions of higher learning must be evaluated by a foreign credentials evaluation service approved by the Department of Real Estate. See Examination Applicant Foreign Education Information (RE 223)Graphic: Denotes a PDF document.
Applicants who have completed the eight college-level courses statutorily required for the broker examination and license are eligible to take the salesperson examination without providing further evidence of education or experience.

Continuing Education Requirements

Salespersons Renewing for the First Time

Real estate salespersons who were licensed prior to 10/1/2007, and are renewing an original license for the first time, must complete five separate three-hour DRE-approved continuing education courses in Ethics, Agency, Trust Fund Handling, Fair Housing and Risk Management.

Those licensees who were licensed on or after 10/1/2007, and were required to have all three statutory/pre-licenses courses (RE Principles, RE Practice, and one additional course), must complete 45 clock hours of DRE-approved continuing education consisting of:

Five separate three-hour courses in the following subjects: Ethics, Agency, Trust Fund Handling, Fair Housing, and Risk Management;
A minimum of 18 clock hours of consumer protection courses; and
The remaining clock hours required to complete the 45 hours of continuing education may be related to either consumer service or consumer protection courses.

Brokers Renewing for the First Time

Real estate brokers renewing an original license for the first time must complete 45 clock hours of DRE-approved continuing education consisting of:

Five separate three-hour courses in the following subjects: Ethics, Agency, Trust Fund Handling, Fair Housing, and Risk Management;
A minimum of 18 clock hours of consumer protection courses; and
The remaining clock hours required to complete the 45 hours of continuing education may be related to either consumer service or consumer protection courses.

Salespersons and Brokers – Second & Subsequent Renewals

For subsequent renewals, all real estate brokers and salespersons must complete 45 clock hours of DRE-approved continuing education consisting of:

Either 12 hours of continuing education courses in the following subjects: (Ethics, Agency, Trust Fund Handling, and Fair Housing) OR one six-hour course that covers the four mandatory subjects (Ethics, Agency, Trust Fund Handling, and Fair Housing);
One three-hour course in Risk Management; and
At least 18 clock hours of consumer protection courses; and
The remaining clock hours required to complete the 45 hours of continuing education may be related to either consumer service or consumer protection courses.

3.2 GEORGIA

Real Estate Continuing Education Courses (Georgia):

All active licensees licensed after January 1, 1980, must complete at least 24 hours of approved continuing education course work during each four year renewal period. Note : Salespersons who complete the 25 hour post license course in their first year of licensure may count that course as meeting only 6 hours of the CE requirement for the first renewal period.

In the succeeding 3 years of their first renewal period, such salespersons must complete an additional 18 hours of CE courses in order to renew their licenses. (Georgia Real Estate License Law and Rules and Regulations, Chapter 520-2-.07(7).)

Salespersons and Brokers renew their license every 4 years in the month of their birth.

1.3 NEVADA

Real Estate Pre-Licensing Courses (Nevada):

Salesperson:

1. Proof of pre-licensing education by transcripts, certificates, or licensing history.

a) 45 hours or 3 college credits Real Estate Principles.
b) 45 hours or 3 college credits Real Estate Law (must include 18 hours Nevada law).

2. Pre-licensing education from another state may be accepted.

Broker/Salesperson:

1. Proof of pre-licensing education by transcripts, certificates, or licensing history. (64 college credits)

a) 45 hours or 3 college credits Real Estate Principles
b) 45 hours or 3 college credits Real Estate Law (must include 18 hours Nevada law).
c) 45 hours or 3 college credits Real Estate Appraisal course.
d) 45 hours or 3 college credits Broker Management course.
e) 15 college credits in other real estate related courses such as business, economics, management, accounting, finance, and marketing.
f) 37 college level units from any college, military education, technical school, etc.

2. Experience may be used in place of education certificates (8 years = 64 college credits).

a) For every 2 years of real estate licensed experience, Nevada will allow 16 college credits towards all education with the exception of 45 hours Broker Management and 18 hours Nevada real estate law.
b) Must show proof that experience was:

1. Full time 4. A certified history of licensure.
2. The real estate license is current 5. Dates of proof must be within a 90 day period
3. Use form #509 (for salesman or broker/salesman) of application.

Broker:

1. See 1 and 2 of brokers/salesperson.
2. Must furnish proof of 2 years of active fulltime experience within the last 4 years.
3. Submit location of records (form #512).
4. Complete confidential financial statement (form #558).
5. Furnish proof of current 90-day average balance from current banking institution.
6. Copy of filing from Secretary of State or County Clerks Office.

Real Estate Continuing Education Courses (Nevada):

Original Real estate licenses are valid for a one year period ending the last day of the month during which you obtained your license. Each renewal thereafter is for a 2 year period. There is no grace period for renewal.

Renewal notices are sent as a courtesy approximately six weeks prior to expiration. Renewal education requirements are the same for a sales, broker-sales, and broker licenses.

FIRST RENEWAL:

30 Hours Post Licensing
Renewal Fee
– $180.00 for sales license; or
– $220.00 for broker and broker-sales licenses
Completed Renewal Form

SECOND and SUBSEQUENT RENEWAL:

24 Hours Continuing Education as follows:
– 3 hours – Agency Relationships
– 3 hours – Nevada Law – recent legislation and regulation
– 3 hours – Contracts
– 3 hours – Ethics

The remaining 12 hours may be general courses (G) or additional designated courses (3 hours personal development (PD) maximum).

Renewal Fee
– $180.00 for sales license; or
– $220.00 for broker and broker-sales licenses
Completed renewal form.

3.4 MINNESOTA

Real Estate Continuing Education Courses (Minnesota):

All real estate salespersons and all real estate brokers shall be required to successfully complete 30 hours of real estate continuing education, either as a student or a lecturer, in courses of study approved by the commissioner, during the initial license period and during each succeeding 24-month license period. At least 15 of the 30 credit hours must be completed during the first 12 months of the 24-month licensing period. Licensees may not claim credit for continuing education not actually completed as of the date their report of continuing education compliance is filed.

As part of the continuing education requirements of this section, the commissioner shall require that all real estate brokers and salespersons receive (1) at least one hour of training during each license period in courses in laws or regulations on agency representation and disclosure; and (2) at least one hour of training during each license period in courses in state and federal fair housing laws, regulations, and rules, other antidiscrimination laws, or courses designed to help licensees to meet the housing needs of immigrant and other underserved populations. Clauses (1) and (2) do not apply to real estate salespersons and real estate brokers engaged solely in the commercial real estate business who file with the commissioner a verification of this status.

3.5 COLORADO

Real Estate Continuing Education Courses (Colorado):

Pursuant to the recent legislative changes in House Bill 08-1212 including Colorado Revised Statutes 12-61-110.5, effective April 17, 2008, licensees are now required to complete 12 hours of the mandatory 4-Hour Annual Commission Update Course prior to applying to renew an active license, activate an inactive license or reinstate an expired license to active status. Licensees must complete 12 hours of the 4-Hour Annual Commission Update Course during the three-year renewal cycle under the following circumstances:

1) A real estate broker’s license expires on April 17, 2008. The licensee must complete 12 hours of the update course by their anniversary date April 17, 2011.

2) When a real estate broker’s license expires after April 17, 2008, the licensee must complete 12 hours of the 4 hour mandatory update course during the licensee’s new three-year renewal cycle.

The remaining licensees who, as of April 17, 2008, are in a partial three year renewal cycle must complete only 8 hours of the 4-Hour Annual Commission Update Course prior to applying to renew an active license, activate an inactive license or reinstate an expired license to active status. However, once the license is renewed, the licensee must complete 12 hours of the update course during the new three-year renewal cycle. Please note: The 4-Hour Annual Commission Update Course is not the Mandatory Ethics Course that is often offered by the local Board of Realtor Associations. The Mandatory Ethics Course receives elective credits, not credit toward the 4-Hour Annual Commission Update Course.

3.6 CONNECTICUT

Real Estate Continuing Education Courses (Connecticut):

2008 REAL ESTATE CONTINUING EDUCATION REQUIREMENTS

2008 License Renewal Deadlines:
Brokers – 3/31/08
Salespersons – 5/31/08
You DO NOT SUBMIT Continuing Education Certificates with your 2008 renewal form or mail to this Department unless requested.

Please retain original certificates for 4 years in the event you are selected for audit by this Department.

2008 CONTINUING EDUCATION OPTIONS:

A. Complete 12 Hours of Continuing Education courses from an approved school. The courses shall consist of the following:

1. SIX hours (6) of Mandatory coursework as determined by the Connecticut Real Estate Commission. 2008 Mandatory courses are:

CURRENT ISSUES IN REAL ESTATE I (3 HOURS)
CURRENT ISSUES IN REAL ESTATE II (3 HOURS)

2. SIX hours (6) of real estate elective courses approved by the Commission and from an approved School.

Go to our website for a list of Approved Schools and other resources:
www.ct.gov/dcp
OR

B. Pass the 40-question Connecticut Continuing Education Examination.
You can schedule a test date directly with the testing company.
To schedule a test date call: 1-800-733-9267 or go to: www.psiexams.com

C. Brokers – If you passed your original licensing examination between 4/1/2006 and 3/31/2008, you do not need to take the continuing education courses for first renewal of 2008. (The date used is not the issuance date of your first license, it is the exam date.)

Salespersons – If you passed your original licensing examination between 6/1/2006 and 5/31/2008, you do not need to take the continuing education courses for first renewal of 2008. (The date used is not the issuance date of your first license, it is the exam date.)

The Score Reports you received will reflect the examination passing date.

3.7 FLORIDA

Real Estate Per-License Course (Florida):

Any active member in good standing with the Florida Bar who is otherwise qualified under the real estate license law is exempt from the FREC prescribed prerequisite educational course for licensure as a real estate sales associate.

An applicant must be at least 18 years old, hold a high school diploma (more detailed information is available in Chapter 475.17, Florida Statutes), and fulfill the following:

Real Estate Associate

Successfully complete a FREC-approved pre-licensing course for sales associates (Course I) consisting of 63 classroom-hours and covering the topics required by the FREC. The course is valid for licensure purposes for two years after the course completion date. Licensees with a permanent physical disability as defined by FREC Rule 61J2-3.013(2) may qualify for a correspondence pre-licensing course if unable, due to a permanent physical disability, to attend the site where the course is conducted.

Submit a completed Application, fingerprint card, and appropriate fee (may submit this package prior to completing Step 1).

Pass the Florida Real Estate Sales Associate examination with a grade of at least 75 or pass the Florida Real Estate Law Examination with a grade of at least 30.

Note – Florida has entered into a Mutual Recognition agreement with the following 10 states: Alabama, Arkansas, Colorado, Georgia, Indiana, Kentucky, Mississippi, Nebraska, Oklahoma, and Tennessee. See the Mutual Recognition page for specific requirements.

Submit a completed RE 2050-1 form to activate the license, otherwise the license is issued in an inactive status. If you want to immediately begin working as a real estate sales associate, submit the completed RE 2050-1 form at the examination site. Otherwise, submit the RE 2050-1 form to the Division of Real Estate.

Whether holding an active or inactive license, successfully complete a FREC-approved post-licensing course for sales associate consisting of at least 45 classroom-hours, prior to the expiration of the initial sales associate license.

Real Estate Broker

Hold an active real estate sales associate license and complete 12 months real estate experience during the 5 year period preceding becoming licensed as a broker or a licensed real estate sales associate or broker who has real estate experience in another state may apply the experience toward a Florida real estate broker license if the applicant has held an active sales associate or a current and valid broker license for at least 12 months during the preceding 5 years. If one is claiming experience from a jurisdiction other than Florida, attach to the application a current certification of real estate license history (not more than one year old) from the licensing agency of that jurisdiction. The real estate license must have been obtained from the real estate licensing authority by completing its education and examination requirements. NOTE: If the applicant holds a Florida real estate sales associate license (s)he must fulfill the sales associate post-licensing education requirement before being eligible to obtain a broker license. This method does not exempt a sales associate who holds a Florida sales associate license from successfully completing the sales associate post-licensing course.

Successfully complete a FREC approved pre-licensing course for brokers (Course II) consisting of 72 classroom hours and covering the topics required by the FREC. The course is valid for licensure purposes for two years after the course completion date. Applicants with a permanent physical disability as defined by FREC Rule 61J2-3.013(2) may qualify for a correspondence pre-licensing course if unable, due to a permanent physical disability, to attend the site where the course is conducted.

Submit a completed Application, fingerprint card, and appropriate fee (may submit this package prior to completing Step 2).

Pass the Florida Real Estate Broker Examination with a grade of at least 75. Submit a completed RE 2050-1 form to activate the license, otherwise the license is issued in an inactive status. If you want to immediately begin working as a real estate broker, submit the completed RE 2050-1 form at the examination site. Otherwise, submit the RE 2050-1 form to the Division of Real Estate.

Successfully complete a FREC-approved post-licensing course for brokers consisting of at least 60 classroom hours prior to the expiration of the initial broker license.

Real Estate School Instructor

“School instructor” means an individual who instructs persons in the classroom in noncredit college courses in a college, university, or community college, or courses in an area technical center or proprietary real estate school. Where the course or courses to be taught are prescribed by the FREC precedent to licensure or renewal as a real estate sales associate or broker, the applicant must certify their competency and obtain an instructor permit by meeting one of the following requirements:

Hold a bachelor’s degree in a business-related subject (such as real estate, finance, accounting, business administration, or its equivalent) and hold a valid broker’s license in this state.

Hold a bachelor’s degree, have extensive real estate experience (as defined by rule) and hold a valid broker’s license in this state.

Pass an Instructor Examination approved by the FREC.

Submit a completed application to register as a Real Estate Instructor for a real estate school.

The continuing education requirement for a real estate instructor is a minimum of 7 classroom hours of instruction in real estate subjects or instructional techniques as prescribed by the FREC (Chapter 61J2-3.011, Florida Administrative Code).

Mail all applications to: DBPR Central Intake Unit 1940 North Monroe Street Tallahassee, FL 32399-0783

Real Estate Continuing Education Courses (Florida):

1) The department shall renew a license upon receipt of the renewal application and fee. The renewal application for an active license as broker, broker-salesperson, or salesperson shall include proof satisfactory to the commission that the licensee has, since the issuance or renewal of her or his current license, satisfactorily completed at least 14 classroom hours of 50 minutes each of a continuing education course during each biennium, as prescribed by the commission. The commission may accept as a substitute for such continuing education course, on a classroom-hour-for-classroom-hour basis, any satisfactorily completed education course that the commission finds is adequate to educate licensees within the intent of this section. However, the commission may not require, for the purpose of satisfactorily completing an approved correspondence course, a written examination that is to be taken at a centralized location and is to be monitored.

(2) The department shall adopt rules establishing a procedure for the renewal of licenses at least every 4 years.

3.8 MISSISSIPPI

Real Estate Continuing Education Courses (Mississippi):

Complete 16 hours of state approved courses every 2 years.
These courses must include 8 hours of Mandatory courses including:
- Mississippi License Law
- Contract Law, and
- Agency Law
The other 8 hours are elective courses.
Sales agents renew every December 31st on odd years.

New MO Salesperson or Brokers licenses must complete the “Missouri Real Estate Practices” course prior to the first renewal, which always occurs Sept. 30 of even numbered years for Salesperson and June 30 of even numbered years for Brokers.

Missouri Law states that you may only complete maximum of 6 hours of Continuing Education courses in one day. To receive credit, you will be required to take and pass a final exam online with a minimum score of 75%.

You must complete 12 hours of state approved courses every 2 years with 9 hours in elective and 3 hours of core course. To receive credit, you will be required to take and pass a final exam online with a minimum score of 75%.

Sales agents should renew their license prior to September 30th every even numbered year and Brokers every June 30th of the even numbered year.
www.ecodev.state.mo.us/pr/restate/

3.9 NEBRASKA

Real Estate Continuing Education Courses (Nebraska):

State Requirements

Licensees are required to complete 12 clock hours of continuing education every two years. Of these 12 hours, at least “3″ hours must be in designated subject matter. These courses are indicated with the letter “R” in the four-digit course content number that is assigned to the course.

Continuing Education Credit will not be granted when activities or substantial activity content is duplicated within 4 years. However, “R” courses are an exception to this rule and may be duplicated in subsequent continuing education periods but NOT in the same continuing education period. The course content number is used to determine duplication of content between courses.

1.0 NORTH CAROLINA

Real Estate Continuing Education Courses (Noth Corolina):

1) You must complete eight (8) classroom hours per year of continuing education (CE) in order to renew your license on active status.

* Four (4) of the required CE credit hours must be obtained by completing the Real Estate Update course prescribed by the Commission. The subject matter of this course will be changed by the Commission from year to year.

* The remaining four (4) CE credit hours may be obtained by taking an elective course(s) approved by the Commission. Elective courses may address a wide variety of real estate topics.

1.1 VIRGINIA

Real Estate Continuing Education Courses (Virginia):

Salespersons to whom active licenses have been issued by the Board shall be required to satisfactorily complete courses of not less than 16 hours of classroom or correspondence or other distance learning instruction during each licensing term. Of the total 16 hours, the curriculum shall include: (a) A minimum of
eight required hours to include at least three hours of ethics and standards of conduct, two hours of fair housing, and the remaining three hours of legal updates and emerging trends, real estate agency, and real estate contracts; and (b) eight hours of general elective courses as are approved by the Board.

(Effective July 1, 2008) Brokers to whom active licenses have been issued by the Board shall be required to satisfactorily complete courses of not less than 24 hours of classroom or correspondence or other distance learning instruction during each licensing term. Of the total 24 hours, the curriculum shall include:
(a) a minimum of eight required hours to include at least three hours of ethics and standards of conduct, two hours of fair housing, and the remaining three hours of legal updates and emerging trends, real estate agency, and real estate contracts; (b) a minimum of eight hours of courses relating to supervision and
management of real estate agents and the management of real estate brokerage firms as are approved by the Board; and (c) eight hours of general elective courses as are approved by the Board.

Every applicant for relicensure as an active salesperson or broker shall complete the continuing education requirements prior to each renewal or reinstatement of their license. The continuing education requirement shall also apply to inactive licensees who make application for an active license. Notwithstanding this requirement, military personnel called to active duty in the armed forces of the United States
may complete the required continuing education within six months of their release from active duty.

1.2 PENNSYLVANIA

Real Estate License Requirements (Pennsylvania):

In order to obtain and maintain a real estate license in Pennsylvania you must complete a total of 60 hours of course work. Every potential licensee must take the required Pennsylvania Fundamentals (30 hours) as the foundation course, followed by the Pennsylvania Practices (30 hours) for a total of 60 credit or course hours.

Real Estate Continuing Education:

A broker or salesperson who desires to renew a current license shall, as a condition precedent to renewal, complete 14 hours of commission-approved continuing education during the preceding license period. The continuing education must be completed by the May 31 deadline.

1.3 OHIO

Real Estate Continuing Education (Ohio):

30 hours of continuing education is due every three years from the licensee’s birth date. These credit hours include three state required courses in Ethics, Core Law and Civil Rights, totaling 9 of the 30 hours. The remaining 21 credit hours are student electives comprised of the Ohio Division of Real Estate approved courses.

1.4 NEW MEXICO

Real Estate Continuing Education (New Mexico):

New Mexico Real Estate Professionals are required to take 30 continuing education hours every 36 months including the 8-hour NMREC Mandatory Core Course. All of the courses have been approved under the Education Category.

Limitations:
New Mexico 8-hour Core Course cannot be taken online. All other courses may be taken online.

1.5 MISSOURI

Real Estate License (Missouri):

Sales agents should renew their license prior to September 30th every even numbered year and Brokers every June 30th of the even numbered year.
www.ecodev.state.mo.us/pr/restate/

1.6 WYOMING

Refer to America’s Best http://www.americas-best.net/courses.php?state_abbr=WY&industry=re&industry=re

Sales License

§ Be at least 18 years old
§ Complete a 54 hour, state approved prelicense course
§ Pass a proctored final exam (grade of 70% required to pass)
§ Pass the state exam (grade of 75% required to pass)

Broker License

§ Be at least 18 years old
§ Must have at least two years of experience as a licensed salesperson
§ Complete a 54 hour, state approved prelicense course
§ Pass a proctored final exam (grade of 70% required to pass)
§ Pass the state exam (grade of 75% required to pass)

Continuing Education

§ Every 3 years a total of 45 clock hours of continuing education:
§ 24 hours of prescribed coursework:
§ Marketplace Issues – 8 hours
§ Contracting, Trust Accounting and Closing – 8 hours
§ Practical Applications – 8 hours
§ 21 hours of electives

Renewals

§ All licensees renew on December 31 every three years.

1.7 WISCONSIN

Refer to America’s Best http://www.americas-best.net/state_requirements.php?state_abbr=WI&industry=re&redir=courses.php

Sales License

§ Be at least 18 years old
§ Complete a 72 hour, state approved prelicense course
§ Pass a proctored final exam (grade of 70% required to pass)
§ Pass the state exam (grade of 75% required to pass)

Brokers License

§ Be at least 18 years old
§ Complete a 36 hour, state approved prelicense course
§ Pass a proctored final exam (grade of 70% required to pass)
§ Pass the state exam (grade of 75% required to pass)

Continuing Education

§ Every two years a total of twelve (12) clock hours of continuing education
§ Must take designated Course 1, Course 2, & Course 3
§ Must choose one of the following electives:
§ Interaction with Other Real Estate Providers
§ Supervising Broker Elective
§ Commercial Elective
§ Property Management Elective
§ Rural/Farm/Vacant Land Elective
§ Real Estate Auction Elective

Renewals

All licensees renew December 14 of each even-numbered year

1.8 WASHINGTON DC

Refer to America’s Best http://www.americas-best.net/state_requirements.php?state_abbr=DC&industry=re&redir=courses.php

Sales License

Be at least 18 years old.
Show proof of high school diploma or GED.
Complete a 60 hour, state approved prelicense course.
Pass a proctored final exam.
Pass the state exam (grade of 75% required to pass).
Have not had a real estate license revoked within the past three years prior to the date of application.

Brokers License

Be at least 18 years old.
Show proof of high school diploma or GED.
Complete a 135 hour, state approved prelicense course.
Pass a proctored final exam.
Pass the state exam (grade of 75% required to pass).
Have at least two years of consecutive experience as a salesperson prior to the date of the exam

Continuing Education

Every two years a total of fifteen (15) clock hours of continuing education
Required three (3) hour courses:
DC Fair Housing and Predatory Lending
DC Legislative Update, Rent Control and Landlord-Tenant Housing Rights
DC Ethics Update
The remaining six hours can be from general or prescribed courses.

Renewals

For salespersons, the licensing cycle runs September 1, on the odd year, to August 31, on the next odd year.
For brokers, the licensing cycle runs March 1, on the odd year, to August 31, on the next odd year.

1.9 VERMONT

Refer to America’s Best http://www.americas-best.net/state_requirements.php?state_abbr=VT&industry=re&redir=courses.php

Sales License

Be at least 18 years old
Complete a 40 hour, state approved prelicense course
Pass a proctored final exam (70% required to pass)
Pass the state exam (75%, 70% on the Uniform Section required to pass)

Brokers License

Be at least 18 years old
Have at least two years of experience as a licensed salesperson
Complete a 40 hour, state approved prelicense course
Pass a proctored final exam (70% required to pass)
Pass the state exam (75% required to pass)

For more information, please visit: http://vtprofessionals.org/opr1/real_estate/forms/rechowto.pdf

Renewals

All licensees renew every two years
March 31 for Brokers
May 31 for Salespersons

Continuing Education

Every two years a total of 16 clock hours of continuing education
Rea Estate Statutes- 4 hours
Remaining 12 hours can be from general or prescribed courses

5.0 UTAH

Refer to America’s Best http://www.americas-best.net/state_index.php?state_abbr=UT&industry=re&industry=re

Sales License

Be at least 18 years old
Complete a 90 hour, state approved prelicense course
Pass a proctored final exam (grade of 70% required to pass)
Pass the state exam (grade of 70% required to pass)

Associate and Principle Broker’s License

Be at least 18 years old
Must have at least three years of experience and have accumulated 60 points as a licensed salesperson within the past five years
Complete a 120 hour, state approved prelicense course
Pass a proctored final exam (grade of 70% required to pass)
Pass the state exam (grade of 75% required to pass)

Continuing Education

Every two years, a total of 18 clock hours of continuing education
9 hours from approved core topic courses
Remaining 9 hours can be from general or prescribed courses
New Agents (licensed July 1, 2007-present) are required to take the 12 Hour New Agent Course

Renewals

All licensees renew every two years from the initial date of licensure

5.1 SOUTH DAKOTA

Refer to America’s Best http://www.americas-best.net/state_requirements.php?state_abbr=SD&industry=re&redir=courses.php

Associate Broker’s License

Be at least 18 years old
Be a citizen of the US or a resident of South Dakota
Complete the prelicense course within two years of taking the state exam
Complete a 100 hour, state approved prelicense course
Pass a proctored final exam (grade of 70% required to pass)
Pass the state exam (grade of 75% required to pass)

Brokers License

Be at least 18 years old
Be a citizen of the US or a resident of South Dakota
Must have at least two years of experience as an associate broker
Complete a 15 hour, state approved prelicense course
Pass a proctored final exam (grade of 70% required to pass)
Pass the state exam (grade of 75% required to pass)

Continuing Education

Every two years a total of 24 hours of continuing education
At least 12 hours must be in required subject matter
Remaining 12 hours can be from elective or required courses

Renewals

All licensees renew November 30th every two years from the initial date of licensure

5.2 SOUTH CAROLINA

Refer to Fortune Academy https://secure2.360training.com/vu3/index.cfm?event=displayStateReqs&cId=2060

SECTION 40-57-130. Conditions of renewal of license; continuing education; exemptions.

(B) The following are exempt from the biennial continuing education required by subsection (A):

(1) a broker or salesman who successfully completes a post-licensing course is exempt for the period during which the course was taken;

(2) a broker or salesman while on inactive status; however, the eight-hour requirement must be completed and proof submitted with an application to return to active status;

(3) instructors of approved courses if they request in writing continuing education credit for time spent teaching or developing approved continuing education courses;

(4) a nonresident broker or salesman who has successfully satisfied the continuing education requirements of the jurisdiction of residence;

(5) a broker or salesman upon reaching the age of sixty-five years with a minimum of twenty-five years of licensure.

(C) Brokers or salesmen taking more than the required number of hours during a two-year period may not carry forward any excess hours to another renewal period.

5.3 NEW MEXICO

Refer to http://www.mckissock.com/MP/Search/MP_OnlineCourses.aspx?MST=’NM’&MLT=2

New Mexico Real Estate Professionals are required to take 30 continuing education hours every 36 months including the 8-hour NMREC Mandatory Core Course. All of our courses have been approved under the Education Category.

5.4 NEW JERSEY

Contact :

New Jersey Real Estate Education Courses
1-888-910-5452

5.5 NEW HAMPSHIRE

Refer to America’s Best http://www.americas-best.net/state_requirements.php?state_abbr=NH&industry=re&redir=courses.php

Sales License

Must be at least 18 years old
Complete a 40 hour, state approved prelicense course
Pass a proctored final exam (grade of 70% required to pass)
Pass the state exam (grade of 70% required to pass)

Brokers License

Must be at least 18 years old
Must have at least one year of full-time experience under a broker or 2,000 part time hours in the state of New Hampshire
Complete a 60 hour, state approved prelicense course
Pass a proctored final exam (grade of 70% required to pass)
Pass the state exam (grade of 70% required to pass)

Continuing Education

Every two years a total of nine (9) clock hours of continuing education
Three hours must be from:
Real Estate Brokerage Law
Fair Housing
Finance
Consumer Protection
Zoning and Subdivision Laws
Remaining six hours can be from general or prescribed courses

Renewals

Licensees renew every two years from the initial date of licensure

5.6 MARYLAND

Refer to America’s Best http://www.americas-best.net/state_requirements.php?state_abbr=MD&industry=re&redir=courses.php

Salesperson License

Be at least 18 years of age
Successfully complete a basic course in Real Estate approved by the Commission
That does not require more than 60 hours of classroom instruction
Includes a 3 clock hour course in real estate ethics approved by the Commission
Pass a licesning exam given by the Commission

Brokers License

Be at least 18 years of age
Successfully completed a course in real estate course approved by the Commission for estate brokers that includes a 3 clock hour course in real estate ethics approved by the Commission
Have been a licensed real estate salesperson and have actively and lawfully provided real estate brokerage services for at least 3 years

Continuing Education

http://www.dllr.state.md.us/license/real_est/reeduc.htm

Renewals

Salespersons renew every even-numbered year on April 30
Brokers renew every even-numbered year on March 1

5.7 KENTUCKY

Refer to America’s Best http://www.americas-best.net/state_requirements.php?state_abbr=KY&industry=re&redir=courses.php

Sales License

Be at least 18 years old
Show proof of a high school diploma or GED
Complete a 96 hour, state approved prelicense course
Pass a proctored final exam (grade of 70% required to pass)
§ Pass the state exam (grade of 75% required to pass)

Brokers License

Be at least 18 years old
Show proof of a high school diploma or GED
Must prove to have been employed as a salesperson for at least 20 hours per week during the past two years
Complete a 336 hour, state approved prelicense course
Pass a proctored final exam (grade of 70% required to pass)
Pass the state exam (grade of 75% required to pass)

Continuing Education

Every year a total of six (6) clock hours of continuing education
Three (3) of the six hours must be from:
Agency
License Law
Contracts
Fair Housing
Environmental Law
Anti-Trust
Remaining 3 hours can be general or prescribed courses

Renewals

All licensees renew on March 31st of each year

5.8 IOWA

Refer to America’s Best http://www.americas-best.net/state_requirements.php?state_abbr=IA&industry=re&redir=courses.php

Salesperson License

For license requirements, please visit the IA Real Estate Commission’s website via the link below.
Salesperson License Requirements

Broker’s License

For license requirements, please visit the IA Real Estate Commission’s website via the link below.
Broker License Requirements

Continuing Education

Every 3 years a total of 36 clock hours of continuing education:
12 hours of prescribed coursework:
Law Update – 8 hours
Ethics – 4 hours
24 hours from Commission approved electives
18 of the 36 hours may be taken through distance education.
Salespersons renewing for the first time prior to 1/1/2009, please visit the IA Real Estate Commission’s website via the link below.
Education Requirements for First-Time Sales License Renewals

Renewals

All licensees renew on December 31 of the third year from the initial date of licensure.

5.9 IDAHO

Refer to America’s Best http://www.americas-best.net/state_requirements.php?state_abbr=ID&industry=re&redir=courses.php

Sales License

Complete a 90 hour, state approved prelicense course made up of the following courses:
Essentials of Real Estate – 45 hours
Real Estate Practices – 45 hours
OR provide proof of a law degree from an accredited law school (within five years) together with proof of successful completion of a 45-hour Real Estate Practices course.

Broker’s License

Completa a 90 hour, state approved prelicense course made up of the following:
Brokerage Management
Real Estate Law
Two elective courses in separate subject areas consisting of at least 20 classroom hours each
OR provide proof of a law degree from an accredited law school (within five years) together with proof of successful completion of the Brokerage Management course will satisfy the educational requirements for a broker’s license.
§ Must have 2 years active real estate experience within the past 5 years.

Continuing Education

The first license term will vary according to your application date and birth month. The expiration date of your real estate license coincides with the last day of your second consecutive birth month following the original license date and then the last license expiration date.
After the first license term, subsequent license terms are based on a two-year period from birth month to birth month.
All individual licensees renewing a real estate license must have 16 hours of elective courses PLUS one Core Course in order to obtain an active license.

6.0 DELAWARE

Refer to America’s Best http://www.americas-best.net/state_requirements.php?state_abbr=DE&industry=re&redir=courses.php

Sales License

Be at least 18 years old
Complete a 99 hour, state approved prelicense course
Pass a proctored final exam (grade of 70% required to pass)
Pass the state exam (grade of 70% required to pass)

Brokers License

Be at least 23 years old
Must have at least five years of experience as a licensed salesperson and 30 qualified sales transactions within the past five years
Complete a 99 hour, state approved prelicense course
Pass a proctored final exam (grade of 70% required to pass)
Pass the state exam (grade of 70% required to pass)

Continuing Education

Every two years a total of fifteen (15) clock hours of continuing education
Salespersons choose from:
Real Estate Concepts – 3 hours
Legislative Issues – 3 hours
Remaining nine hours can be from general or prescribed courses
Brokers choose from:
Broker Course – 6 hours
Remaining nine hours can be from general or prescribed courses

Renewals

All licensees renew on April 30th of each even-numbered year.

We have partnered with three schools, which offer class room courses.

American Career Institute

http://www.acinst.com

2340 Paseo Del Prado #208D
Las Vegas, NV 89102

Phone: 702-222-3522
Toll Free: 877-877-8855
Fax: 702-222-0754
Email: aci@lvcoxmail.com

Cash, check (made payable to 360training) and credit card payments are acceptable forms of payment.

Answering the phone:

Thank you for calling the American Career Institute. This is __________. How may I help you?

Courses Offered:

Real Estate Pre-License

Real Estate Post License

Real Estate Continuing Education

Real Estate Broker Pre-License

Mortgage Continuing Education

Registration Form

Other Information

Course Type	Length	Cost	State Requirements	End of Course Instructions
Real Estate Principles, Practices, and Nevada Real Estate Law Pre-License	90 Hrs	$299	Complete 90 hr course and pass school final before taking the state exam; submit to National Criminal History Background check and fingerprinting.	Correspondence – once you have passed the online exam you will need to contact PSI at http://www.psiexams.com to set your licensing exam.
Real Estate Practices and Nevada Real Estate Law	45 Hrs	$220	45 Hour Practices and Law is for students that have a real estate license in another state. Students will need to provide proof of completing 45 hours of Real Estate Principles	Correspondence – once you have passed the online exam you will need to contact PSI at http://www.psiexams.com to set your licensing exam.
Nevada Real Estate Law	18 Hrs	$150	18 Hour Nevada Real Estate Law is for students that have a real estate license in another state. Students will need to provide proof of completing 90 hours of Real Estate Principles and Real Estate Practices or Real Estate Law.	Correspondence – once you have passed the online exam you will need to contact PSI at http://www.psiexams.com to set your licensing exam.
Broker Management	45 Hrs	$155	45 Hour Broker Management is required for students who qualify for a Nevada Brokers License. For qualifications please refer to http://www.red.state.nv.us/Forms/501.pdf	Correspondence – once you have passed the online exam you will need to contact PSI at http://www.psiexams.com to set your licensing exam.
Fundamentals of Appraisal	45 Hrs	$175	45 Hour Fundamental of Appraisal is required for students who qualify for a Nevada Brokers License. For qualifications please refer to http://www.red.state.nv.us/Forms/501.pdf	Correspondence – once you have passed the online exam you will need to contact PSI at http://www.psiexams.com to set your licensing exam.
Property Management	24 Hrs	$250	24 Hour Property Management is a classroom course required for students that want to have a property management permit. Students must have a Nevada Real Estate License before starting the course.	Classroom – once you have completed the course the school will provide you with a certificate of completion and you will need to contact PSI at http://www.psiexams.com to set your licensing exam.
Real Estate CE: Salesperson	24 Hrs	$155	24 Hours are required every 2 years. The package must include 3 hours or Agency, 3 hours or Ethics, 3 hours of Contracts, and 3 hours of Legislative Law	Correspondence – once you have completed the course exam to the school and have been graded, the school will provide you with a certificate of completion. It is the student’s responsibility to notify the Nevada Real Estate Division.
Real Estate CE: Broker or Broker/Salesperson	24 Hrs	$155	24 Hours are required every 2 years. The package must include 3 hours or Agency, 3 hours or Ethics, 3 hours of Contracts, 3 hours of Legislative Law, and 3 hours of Broker Management.	Correspondence – once you have completed the course exam to the school and have been graded, the school will provide you with a certificate of completion. It is the student’s responsibility to notify the Nevada Real Estate Division.
Real Estate CE: Salesperson with a Property Management permit	24 Hrs	$155	24 Hours are required every 2 years. The package must include 3 hours or Agency, 3 hours or Ethics, 3 hours of Contracts, 3 hours of Legislative Law, and 3 hours of Property Management.	Correspondence – once you have completed the course exam to the school and have been graded, the school will provide you with a certificate of completion. It is the student’s responsibility to notify the Nevada Real Estate Division.
Real Estate CE: Broker or Broker/Salesperson with a Property Management permit	24 Hrs	$155	24 Hours are required every 2 years. The package must include 3 hours or Agency, 3 hours or Ethics, 3 hours of Contracts, 3 hours of Legislative Law, 3 hours of Broker Management and 3 hours of Property Management.	Correspondence – once you have completed the course exam to the school and have been graded, the school will provide you with a certificate of completion. It is the student’s responsibility to notify the Nevada Real Estate Division.
Real Estate CE: Post Licensing	30 Hrs	$199	30 Hour Post Licensing is a classroom course required for agents that are in their first year of licensing in Nevada. This course covers all modules A-O	Classroom – once you have completed the course exam to the school and have been graded, the school will provide you with a certificate of completion. It is the student’s responsibility to notify the Nevada Real Estate Division.
Mortgage CE	10 Hrs	$99	10 Hours required each year.	Online – once you have completed the course exam to the school and have been graded, the school will provide you with a certificate of completion. It is the student’s responsibility to notify the Mortgage Lending Division of Nevada.

Inquiry: Basic I Pre-License Course

I’d like more information on your real estate classes.

ACI Rep: Thank you for call the American Career Institute, this is ______. How may I help you?

Student: I’m looking to get a real estate license in Nevada

ACI Rep: Great, well let me ask you a couple quick questions. First off, let me get your name.

ACI Rep: Are you currently licensed as an agent or a broker in any other state?

If yes

“I am going to refer you to our director for that information. What is the best number for him to reach you at? Do you also have an email address? The director’s name is Tony and he will take all of the time necessary to answer your questions.”

If no

ACI Rep: First off, what got you interested in getting a real estate license?

Engage in small talk about what they are looking for.

ACI Rep: To get a real estate license in Nevada, you need to go through the 90 hour pre-licensing course. The way we do our program is by correspondence, so in other words it is home study. What we do is give you 3 things to get you through this program. First off we provide you with your text book. Second, we provide you with a study guide. The study guide is your workbook that will take you step by step through the program and it will provide you with a lot of supplemental questions which are the same types of questions that you will see when you take your licensing test, so it is a really good tool for when you are preparing for your test. Finally, we provide you with unlimited access to a live instructor. This way if you have any questions, you will have someone to turn to.

ACI Rep: As far as time goes, if you can do a chapter a day, you can get through this course in about 3 weeks. Otherwise we give you up to 6 months to complete.

ACI Rep: The cost of the course is $299 and that will cover everything, the text book, the study guide, the instructor access. All Included! Now what kind of a time frame are you looking to get started?

ACI Rep: To get started, you can go about it two ways. The first way is that you can come to our office and pick up the materials here. The second way is you can order it over the phone with a credit card or debit card and at which point the materials will be delivered to you. Which way works best for you?

Registration Form

* REQUIRED INFORMATION FOR CREDIT CARD AND CHECK PROCESSING

*Name:________________________________________________________

*Address:___________________________*City____________*State______*ZIP:____

*Home Phone: ( )_________________Cell Phone: ( )____________________

Fax Number for future course notification: ( )________________________________

*E-Mail address__________________________________________________________

How did you hear about this school ?__________________________________________

If referred by a broker*, print his/her name here_________________________________

Please print referring broker’s company here____________________________________

Have you taken a class here before? (circle) yes no

Licensed Students Only

*License Type Circle one: Provisional Sales Associate Broker Appraiser

*License # __________________ *expiration date ________________

Course Title	Course Date	Tuition

360training utilizes a 128bit SSL encryption certificate for all purchasing transactions between students and 360training. All payment information along with sensitive student information is held on our database behind a secure DMZ on the network as according to industry standards.

All credit cards are processed through our secure online payment center, and require the 3-digit security number located on the back of the card. Checks are processed through TeleCheck and require additional information including birthdate, driver’s license number and state issuing the drivers license. Your check will be returned to you after processing. Information from credit cards and checking accounts is used for processing payment only, and is not retained in our office.

OFFICE USE ONLY

Date pd Amount Paid Form of Payment Check # Paid by, if different from student

________ ___________ ______________ _______ ___________________________

*Additional information for payment by check:

Driver’s License number exp. State issuing Birthdate

_____________________ ________ _____________ ___________

Inquiry: Post License Course

I’d like more information on your Post License Course.

ACI Rep: Thank you for call the American Career Institute, this is ______. How may I help you?

Student: I need to get my 30 Hours

ACI Rep: Is this your first renewal?

If no, ask them how long they have been licensed in Nevada. If they have been license for more than one year, they will need to do the 24 hour CE

Student: yes

ACI Rep: Great! Nevada requires that all first year licensees do their education in a classroom environment. Let me ask you, would you prefer to do an evening class, day class, or something fast as possible?

Whatever the students response is, continue with this script

Let me tell you how our scheduling works and you can make the determination from there. We always hold our Post Licensing class the last 2 full weeks of every month, Monday through Thursday. We run a day class from 1pm to 5pm and an evening class from 6pm to 10pm. Also, what a lot of our students do is combine the day class with the evening class and at which point you can finish your course in 4 days. Which would you prefer to do?

Inquiry: Real Estate Continuing Education courses

I’d like information on your continuing education courses for real estate.

Student: I need continuing education for my license

ACI Rep: How many hours do you need?

ACI Rep: Great, are you familiar with how we do our continuing ed?

If yes, move forward with close

ACI Rep: We do our continuing ed by correspondence. So what we do is send you a series of booklets. They are the size of a small magazine so it’s easy reading so simply enough you read through them and take a short quiz at the end of each topic. Once you have done that, we send you a certificate of completion and that is what you present to the Nevada Real Estate Division as proof of your education.

ACI Rep: The cost of the 24 hour package is $155 and that includes all of the core requirements; your agency, your ethics, your contracts, and your legislative law (broker management and property management if applicable).

ACI Rep: Would you like to order the package over the phone or would you like to come into the office to pick up the materials?

Over the Phone

Proceed to get contact info; name, address to send books (must be a physical address, NO PO Box’s), phone number, email, fax.

ACI Rep: What is your Nevada Real Estate License number?

ACI Rep: When does your license expire?

ACI Rep: Who do you hang your license with?

ACI Rep: Do you have a sales license or a broker’s license?

ACI Rep: Do you have a property management permit?

Get credit card information

Inquiry: Broker Pre-License Course

I’d like information on your Broker’s course.

Please refer all phone calls to ACI for any request on getting a broker’s license.

Inquiry: Mortgage Brokers & Loan Officers Continuing Education

I’d like information on the continuing education course for mortgage broker/mortgage loan originator.

Student: I need continuing education for my Mortgage License

ACI Rep: How many hours do you need?

ACI Rep: Great, are you familiar with how we do our continuing ed?

If yes, move forward with close

ACI Rep: Our continuing education for mortgage agents is done in an online format. The way it works is we provide you with a web address with a login and password. All you have to do is sign into the course, follow the directions, take a short test at the end and you will be able to print your certificates directly from your computer.

ACI Rep: The cost of the 10 hour package is $99 and that will take care of your annual renewal.

ACI Rep: Would you like to order the package over the phone?

If no, refer them to our web address http://www.acinst.com.

Over the Phone

Proceed to get contact info; name, address, phone number, email, fax.

ACI Rep: When does your license expire?

ACI Rep: Who do you hang your license with?

Get credit card information

Inquiry: Property Management

ACI Rep: Thank you for call the American Career Institute, this is ______. How may I help you?

Student: I want to get a Property Management license

ACI Rep: Great! Are you currently licensed as a real estate agent in Nevada?

If no, refer to the script to become a real estate agent.

Student: yes

ACI Rep: Nevada requires that the Property Management course be done in a classroom environment. We typically hold our Property Management course the first week of every month (refer to schedule). The class will be held Wednesday, Thursday, and Friday from 9am to 5pm. The cost of the course is $250 and that will cover everything: your books, instructor access, and your preparation material for your licensing test.

ACI Rep: Space is limited in the class; would you like to lock in your spot?

Fortune Academy

http://www.fortuneacademy.com/

951- B Shine Ave.
Myrtle Beach, SC 29577

Phone: 843-839-1131
Toll Free: 800-922-2245
Fax: 843-839-9696
Email: info@fortuneacademy.com

Cash, check (made payable to technical college where attending class) and credit card payments are acceptable forms of payment.

Answering the phone:

Fortune ACademy. This is __________. How may I help you?

Courses Offered:

Real Estate Pre-License

Real Estate Post License

Real Estate Continuing Education

Real Estate Broker Pre-License

Real Estate Property Management

Home Inspection

Real Estate Appraisal

Registration Form

Other Information

Course Type	Length	Cost	State Requirements	End of Course Instructions
Real Estate Pre-License	60 Hrs	$475	Complete 60 hr course and pass school final before taking the state exam; submit to credit check.	Classroom – once you have passed the final the school will provide you with a certificate of completion. You will need to apply to take the state exam. Send in the application, certificate of completion, and appropriate fees.
Real Estate Post License	30 Hrs	$299	30 Hour Post License must be completed before first year’s license expires. Licenses always expire the last day of the month of the month that it was issued.	Classroom – once you have completed the course the school will provide you with a certificate of completion – you will need to submit the certificate of completion and appropriate fees to the real estate commission.
Real Estate CE Single Course	4 Hrs	$45	8 Hours required every 2 years. 4 of these hours on core subjects and remainder are electives. The Core subject is provided by the real estate commission.	Classroom – once you have completed the course the school will provide you with a certificate of completion – must be maintained for 5 years in case you get audited (does not get mailed). Online – once you have passed the online course you will receive an email asking you to fill out an evaluation form, complete it and fax it to us at 843-839-9696. Once Fortune Academy receives the evaluation form we will mail your certificate of completion – must be maintained for 5 years in case you get audited (does not get mailed).
Real Estate Broker License	90 Hrs	$558	Complete 90 hr course (Broker A and B) and pass school final before taking the state exam; submit credit check.	Classroom – once you have passed the final the school will provide you with a certificate of completion. You will need to apply to take the state exam. Send in the application, certificate of completion, and appropriate fees.
Real Estate Property Management License	30 Hrs	$279	Complete 30 hr course and pass school final before taking the state exam; submit to credit check.	Classroom – once you have completed the course the school will provide you with a certificate of completion. You will need to apply to take the state exam. Send in the application, certificate of completion, and appropriate fees.
Home Inspection	40 Hrs	$954	Complete 40 hr course and pass school final before taking the state exam; submit to credit check.	Classroom – once you have completed the course the school will provide you with a certificate. You will need to apply to take the state exam. Send in the application, certificate of completion, and appropriate fees.
Appraisal	150 Hrs	See Page 14 for Pricing	Complete 150 hr course and pass school final before taking the state exam; submit to credit check.	Classroom – once you have completed the course the school will provide you with a certificate. You will need to apply to take the state exam. Send in the application, certificate of completion, and appropriate fees.
Appraisal MCE	14 Hrs	$120	14 Hours required every year.	Classroom – once you have completed the course the school will provide you with a certificate of completion – must be maintained for 5 years in case you get audited (does not get mailed).

Inquiry: Pre-License (First Year Sales) Course

I’d like more information on your real estate classes.

The South Carolina Real Estate Commission (SCREC) requires a person to complete a 60-hour pre-licensing class in order to sit for the state exam.

We offer our pre-licensing day class each month and evening classes each month (see calendar or schedule for dates and times http://www.fortuneacademy.com, click real estate, then pre-licensing, and then whatever location you want to take class in). Day class meet from 8:30 am – 5:30 pm and evening classes meet from 6:00 pm – 10:00 pm.

Tuition for the class is $475.00 (except Greenville and Spartanburg the cost is $395.00), and includes the course and the book.

Tuition is due 1 week prior to class starting. Full payment is due at the time of registering. Registration can be processed online or by phone with a credit card or at the location with cash or check.

Complete an enrollment form for students enrolling by phone for classroom course. Please send an email that includes all student and course information to info@fortuneacademy.com or fax to 843-839-1131. If the dates don’t work, suggest our website www.fortuneacademy.com for additional dates.

What do I do once I complete the course?

Once a student has passed the class and received their certificate they will apply to take the state exam. The student will need to send the application (found in front of book), the original Certificate of Completion, and a certified check or money order to the SCREC.

All pre-license students are required to pass a final exam here before sitting for the state exam at SCREC (The South Carolina Real Estate Commission). Students who do not pass the final exam will be required to make arrangements to take a second exam and pass it before going to SCREC.

o The application fee to apply to take the state exam is $35.00. The SCREC charges $60.00 for state exam. The state exam is given by PSI Examination Services.

o Students will receive all necessary testing information once their application to take the state exam has been approved by the SCREC.

o Upon passing the state exam, and having paid for the license, SCREC will issue the license to your broker. Students are required to find their own broker/PIM and have the broker complete the application to receive your license. Students will have one year from passing the state exam to find a broker to hang their license with.

Where can I find the forms / applications for my license?

All forms can be found here: http://www.llronline.com/POL/REC.

Do I need a sponsor (broker) to take this class?

There is no requirement for a sponsorship, nor does a student need to have a company in mind.

How long after I complete the class and receive my certificate do I have to take the state exam?

If you have submitted the application to the take the state exam, you have one year to complete the exam. If you don’t submit the application to take the state exam, your certificate is good for five years.

How long after I pass the state exam, do I have to decide to hang my license?

Once you pass the state exam you have one year from the date you passed the state exam to find a broker to hang your license and start selling. You will need to place your license with a brokerage or a referral company.

How long after I take the course before I can take the state exam?

The state exam is given by appointment only. You can’t schedule an appointment until the SCREC sends you the necessary paperwork. It takes about 2 weeks for the real estate commission to mail you the packet of information with the necessary paperwork to contact PSI to call and schedule an appointment to take the state exam.

What if I fail the Fortune or State exam?

Students will be given two tries to pass the class exam. If you are unable to pass the class exam after the second try, you are required to audit the entire class (you don’t have to pay again) before we will allow to take the exam again. If you are unable to pass the state exam any graduate of Fortune is welcome to sit through our classes at no charge.

What happens if I miss a class? Am I required to make it up?

You are required to make up any classes missed. The time allotted to make up a missed session is 6 months. The classes can be made up at any Fortune location across the state of SC. Please contact Fortune Academy directly to find out dates of make ups. You will be charged a $25.00 make up fee for each session missed.

What are the requirements if I am a licensed agent in another state?

The student must contact the SCREC at 803-896-4400. Licensing in SC for out of state agents is done on a case by case basis. The REC will determine by phone and/or application what courses (if any) the student would need to take to get their license transferred or activated in SC. Most are referred to take only the state portion of the state exam; however there are exceptions.

Does Fortune have a class for the state law portion or a cram course?

For anyone granted person to take only the state law portion of the state exam by the SCREC, Fortune does offer a state law review course, that is built into our pre-license course. We also offer a cram course once a month. Please see schedule for dates and times.

Thank you for calling. We look forward to hearing from/meeting you.

Registration Form

* REQUIRED INFORMATION FOR CREDIT CARD AND CHECK PROCESSING

*Legal Name:_____________________________________________________________________

*Address:_________________________________*City____________*State______*ZIP:________

*Home Phone: ( )_________________Cell Phone: ( )____________________

*E-Mail address__________________________________________________________

*Social Security Number:__________________________________________________

(Course Code is Applicable)

Course Code	Course Title	Course Date	Course Location

All credit cards are processed through the technical college in the location you are taking the class. Please insure the following information is included. All checks are processed through the technical colleges, please ensure they are made out to the technical college of the location they are taking the class in.

OFFICE USE ONLY

Amount $______________________

MC ( ) Visa ( ) Discover ( )

Credit Card #:__________________________________________

Expiration Date:________________________________________

Three Digit Pin #:_______________________________________

Name on Card:_________________________________________

Cash ( ) Check ( ) CK #:_______________

*Additional information for payment by check:

Driver’s License number Name on Check

_____________________ _______________________

Inquiry: Post License Course

I’d like more information on your Post License Course.

The South Carolina Real Estate Commission (SCREC) requires a person to complete a 30- hour post license course to upgrade their provisional license to a permanent license.

We offer our 30-hour Post License day courses once a month and evening course quarterly. (See calendar for dates and times http://www.fortuneacademy.com, click real estate, then post licensing, and then whatever location you want to take the class in). Day classes meet from 8:30 am – 3:30 pm and evening classes meet from 6:00 pm – 9:00 pm.

Tuition for the class is $299.00, and that includes the course and the book.

Tuition is due 1 week prior to class starting. Full payment is due at the time of registering. Registration can be processed online or by phone with a credit card or a the location with cash or check.

Complete an enrollment form for students enrolling in one of these courses. Please send an email that includes all student and course information to info@fortuneacademy.com or fax to 843-839-9696. Post License course is only available in the classroom at this time.

What do I do once I complete the course?

Once a student has passed the class and received their certificate they will send in their application to upgrade their provisional license. The student will need to send the application (found in front of book), the original Certificate of Completion, and a check or to the SCREC.

What subjects are covered in your Post License course?

PL1 – Agency and Property Disclosure	6 hours
PL2 – Real Estate Contracts	6 hours
PL3 – Ethics and Real Estate	6 hours
PL4 – Measurements and Valuation	6 hours
PL5 – Fair Housing	6 hours

Where can I find the forms / applications for my license?

All forms can be found here: http://www.llronline.com/POL/REC.

How long do I have to take the post licensing course?

Once a student has successfully completed the pre-license course, they are eligible to take the post license course; however, once they have received their provisional license from the SCREC they have 1 year from the date of issue to take the post licensing. They have to take the class before the expiration date on their pocket card.

Do I have to take another State exam for post licensing?

No. Post license is for upgrading your provisional license only, there is no state exam associated with this course.

What if I miss a class?

What paperwork do I have to submit to the SCREC to upgrade my provisional license?

You will need to submit the application to upgrade, the original copy of the certificate of completion, and applicable fees.

Why do I have to take the post license course?

Post licensing provides students with the additional 30 hours of education that the SCREC requires to upgrade to a permanent sales license.

How often do I have to renew my salesman license?

A permanent sales license is renewed every two years. This can be accomplished by completing the mandatory continuing education requirements and submitting the appropriate renewal fees.

Thank you for calling. We look forward to hearing from/meeting you.

Inquiry: Real Estate Continuing Education courses

I’d like more information on your continuing education courses for real estate.

The South Carolina Real Estate Commission (SCREC) requires a person to complete 8 hours of continuing education every 2 years, with a minimum of 2 hours core.

We offer continuing education classes every month (see calendar or schedule for dates and times http://www.fortuneacademy.com, click real estate, then continuing education, and then whatever location you want to take the class in). Classes meet from 8:30 am – 12:30 pm and 1:30 pm – 5:30 pm.

Tuition for the class is $45.00 per 4 hours, and includes the course and handouts.

Tuition is due 1 week prior to class starting. Full payment is due at the time of registering. Registration can be processed online or by phone with a credit card or at the location with cash or check.

Complete an enrollment form for students enrolling in one of these courses. Please send an email that includes all student and course information to info@fortuneacademy.com or fax to 843-839-9696. Continuing education courses are available in the classroom or online.

Online courses can be purchased through the VU. This is advisable if they have/prefer to use a computer. The correspondence courses purchased through the VU are e-books with online exams. As soon as the credit card or check clears, they will be able to start their courses.

There may be students who do not have/want to take a course using the internet.

What do I do once I complete the course?

Once a student has passed the class and received their certificate they will maintain their certificate for 5 years in case of an audit by the SCREC. The student will need to go online to the SCREC website (http://www.llronline.com/POL/REC/) and renew their license online. The renew fees are as follows:

Broker in Charge: $120, Property Manager in Charge: $120, Broker: $80, Property Manger: $80, and Salesman: $60.

Where can I find the forms / applications for my license?

All forms can be found here: http://www.llronline.com/POL/REC.

Thank you for calling. We look forward to hearing from/meeting you.

Inquiry: Broker Pre-License Course

I’d like more information on your Broker’s course.

The South Carolina Real Estate Commission requires a person to complete a 60 hour broker pre-licensing course in order to sit for the state exam. The Broker A is 30 hours of broker management and Broker B is 30 hours of exam preparation.

We offer broker classes every two to three months depending on location (see calendar or schedule for dates and times http://www.fortuneacademy.com, click real estate, then broker, and then whatever location you want to take the class in). Classes meet from 8:30 am – 5:30 pm.

Tuition for the class is $279.00 each, and includes the course and book (both classes $558.00).

Tuition is due 1 week prior to class starting. Full payment is due at the time of registering. Registration can be processed online or by phone with a credit card or at the location with cash or check.

Complete an enrollment form for students enrolling in one of these courses. Please send an email that includes all student and course information to info@fortuneacademy.com or fax to 843-839-9696. Continuing education courses are available in the classroom or online.

What do I do once I complete the course?

o The application fee to apply to take the state exam is $35.00. The SCREC charges $60.00 for state exam. The state exam is given by PSI Examination Services.

o Students will receive all necessary testing information once their application to take the state exam has been approved by the SCREC.

o Upon passing the state exam, and having paid for the license, SCREC will issue the license to your broker/PIM. Students are required to find their own broker/PIM and have the broker/PIM complete the application to receive your license. Students will have one year from passing the state exam to find a broker/PIM to hang their license with.

Where can I find the forms / applications for my license?

All forms can be found here: http://www.llronline.com/POL/REC.

What does it take to become a broker in South Carolina?

Those seeking to become a broker must be licensed and active for 3 years and take Broker A & B before taking the state exam; however they can start the class whenever they are ready. They will not be allowed to take the state exam until all requirements have been met.

How long after I complete the class and receive my certificate do I have to take the state exam?

How long after I take the course before I can take the state exam?

What if I fail the Fortune or State exam?

What happens if I miss a class? Am I required to make it up?

What are the requirements if I am a licensed agent in another state?

Does Fortune have a class for the state law portion or a cram course?

How often do I need to renew my broker’s license?

A broker’s license is renewed every two years. You can accomplish this by taking the mandatory continuing education requirements and submitting them to the SCREC along with the appropriate fees.

Thank you for calling. We look forward to hearing from/meeting you.

Inquiry: Property Management Pre-Licensing Course

I’d like more information on the property management course.

The South Carolina Real Estate Commission requires a person to complete a 30 hour pre-licensing course in order to sit for the state exam.

We offer property management day and evening classes every two to three months depending on location (see calendar or schedule for dates and times http://www.fortuneacademy.com, click real estate, then property management, and then whatever location you want to take the class in). Day classes meet from 8:30 am – 5:30 pm and evening classes meet from 6:00 pm – 10:00 pm.

Tuition for the class is $279.00, and includes the course and books.

Tuition is due 1 week prior to class starting. Full payment is due at the time of registering. Registration can be processed online or by phone with a credit card or at the location with cash or check.

Complete an enrollment form for students enrolling in one of these courses. Please send an email that includes all student and course information to info@fortuneacademy.com or fax to 843-839-9696. Property management courses are available in the classroom only.

What do I do once I complete the course?

o The application fee to apply to take the state exam is $35.00. The SCREC charges $60.00 for state exam. The state exam is given by PSI Examination Services.

o Students will receive all necessary testing information once their application to take the state exam has been approved by the SCREC.

Where can I find the forms / applications for my license?

All forms can be found here: http://www.llronline.com/POL/REC/.

Is there continuing education requirements for a property management license?

No.

If I have my real estate license do I have to take this class?

No. If a student has a real estate license, they can be a property manager, they are fully qualified and certified. However, a student can only hold their license as one or the other; they can’t be duly licensed as both a real estate agent and a property manager.

How long after I complete the class and receive my certificate do I have to take the state exam?

How long after I take the course before I can take the state exam?

What if I fail the Fortune or State exam?

What happens if I miss a class? Am I required to make it up?

What paperwork do I have to submit to the SCREC to upgrade my provisional license?

You will need to submit the application to upgrade, the original copy of the certificate of completion, and applicable fees.

Thank you for calling. We look forward to hearing from/meeting you.

Inquiry: Home Inspection Pre-License Course

I’d like more information on the home inspection course.

The South Carolina Residential Builders Commission requires a person to complete a 40 hour pre-licensing course in order to sit for the state exam.

We offer broker classes every two to three months depending on location (see calendar or schedule for dates and times http://www.fortuneacademy.com, click home inspection, then pre-licensing, and then whatever location you want to take the class in). Classes meet from 8:30 am – 5:30 pm.

Tuition for the class is $795.00 and the books are $159.00 = $954.00. (Fortune Academy will collect for books for the Myrtle Beach location and Aiken location). All other location will process the full $954.00 payment.

Tuition is due 1 week prior to class starting. Full payment is due at the time of registering. Registration can be processed online or by phone with a credit card or at the location with cash or check.

Complete an enrollment form for students enrolling in one of these courses. Please send an email that includes all student and course information to info@fortuneacademy.com or fax to 843-839-9696. Continuing education courses are available in the classroom or online.

What do I do once I complete the course?

Once a student has passed the class and received their certificate they will apply to take the state exam. The student will need to send the application (found in blue folder in front of book), the original Certificate, and a certified check or money order to the SCRBC.

All pre-license students are required to pass a final exam here before sitting for the state exam at SCRBEC (The South Carolina Residential Builders Commission). Students who do not pass the final exam will be required to make arrangements to take a second exam and pass it before going to SCRBC.

o The application fee to apply to take the state exam is $80.00. The SCRBC charges $80.00 for state exam. The state exam is given by PSI Examination Services.

o Students will receive all necessary testing information once their application to take the state exam has been approved by the SCRBC.

Where can I find the forms / applications for my license?

All forms can be found here: http://www.llr.state.sc.us/pol/ResidentialBuilders.

Do I have to have a sponsor to take this class?

No. The student can take the course without having a sponsor or job lined up.

Is there any profession that would allow me to do home inspections legally without having to take the course?

A person duly licensed, as a homebuilder, as a general contractor, a professional engineer, or an architect.

How often does the license have to be renewed?

Must be renewed each fiscal year.

How long after I complete the class and receive my certificate do I have to take the state exam?

How long after I take the course before I can take the state exam?

The state exam is given by appointment only. You can’t schedule an appointment until the SCRBC sends you the necessary paperwork. It takes about 2 weeks for the residential builder’s commission to mail you the packet of information with the necessary paperwork to contact PSI to call and schedule an appointment to take the state exam.

What if I fail the Fortune or State exam?

What happens if I miss a class? Am I required to make it up?

Thank you for calling. We look forward to hearing from/meeting you.

Inquiry: Appraisal Pre-License Course

I’d like information on your Appraisal course.

The South Carolina Real Estate Appraisal Board (SCREAB) requires a person to complete a 150 hour pre-licensing class (QE1 – QE7) in order to be eligible for the state exam. (See schedule for dates and times).

We offer appraisal pre-licensing classes every two to three months depending on location (see calendar or schedule for dates and times http://www.fortuneacademy.com, click appraisal, then pre-licensing, and then whatever location you want to take the class in). Day classes meet from 8:30 am – 5:30 pm and evening classes meet from 6:00 pm – 10:00 pm.

Tuition for the class is listed in the table below and the book prices are listed below. (Fortune Academy will collect for books for all location).

Tuition is due 1 week prior to class starting. Full payment is due at the time of registering. Registration can be processed online or by phone with a credit card or at the location with cash or check.

Complete an enrollment form for students enrolling in one of these courses. Please send an email that includes all student and course information to info@fortuneacademy.com or fax to 843-839-9696. Continuing education courses are available in the classroom or online.

To qualify as an appraiser apprentice, an applicant will need to take the following course:

Course	Title	Course Hours	Course Price	Book Price
QE1	Basic Appraisal Principles	30	$279.00	$40.00
QE2	Basic Appraisal Procedures	30	$279.00	$40.00
QE3	National USPAP	15	$249.00	$75.00

After taking the QE1, QE2, and QE3 you will be able to apply for the apprentice license. You will need 2,000 hours as an apprentice. An applicant will need to furnish proof that they will be supervised by an appraiser who is state certified by the board.

To qualify as a state licensed appraiser, an applicant will need to take the classes listed above in addition to the following:

Course	Course Title	Course Hours	Course Price	Book Price
QE4	Residential Market Analysis and Highest and Best Use	15	$249.00	$35.00
QE5	Residential Appraiser Site Valuation and Cost Approach	15	$249.00	$35.00
QE6	Residential Sales Comparison and Income Approaches	30	$329.00	$45.00
QE7	Residential Report Writing and Case Studies	15	$249.00	$35.00

To qualify as a state certified residential appraiser, an applicant will need to take the classes listed above in addition to the following:

Course	Course Title	Course Hours	Course Price	Book Price
QE8	Statistics, Modeling, and Finance	15	$249.00	$35.00
QE9	Advanced Residential Applications & Case Studies	15	$249.00	$35.00
QEE		15	$249.00	$35.00

To qualify as a state certified general appraiser, an applicant will need to take all the classes above plus the following classes:

Course	Course Title	Course Hours	Course Price	Book Price
QE10	General Appraiser Market Analysis & Highest & Best Use	30	TBA	TBA
QE11	General Appraiser Sales Comparison Approach	30	TBA	TBA
QE12	General Appraiser Site Valuation & Cost Approach	30	TBA	TBA
QE13	General Appraiser Income Approach	60	TBA	TBA
QE14	General Appraiser Report Writing & Case Studies	30	TBA	TBA
QEE	Elective TBA	30	TBA	TBA

What do I do once I complete the course?

Once a student has passed the class and received their certificate they will apply to take the state exam. The student will need to send the application (found in paperwork handed out by instructor) to apply to take the state exam, the original copies of the certificate of completion for the first seven classes, and a certified check or money to the SCREAB. Application must be notarized.

All pre-license students are required to pass a final exam here before sitting for the state exam at SCREAB (The South Carolina Real Estate Appraisal Board). Students who do not pass the final exam will be required to make arrangements to take a second exam and pass it before going to SCREAB.

o The application fee to apply to take the state exam is $35.00. The SCREC charges $75.00 for state exam. The state exam is given by PSI Examination Services.

o Students will receive all necessary testing information once their application to take the state exam has been approved by the SCREC.

o Upon passing the state exam, completing all necessary requirements and having paid for the license, SCREAB will issue the license to you. Students will have one year from passing the state exam to hang their license.

Where can I find the forms / applications for my license?

All forms can be found here: http://www.llronline.com/POL/REC.

What is the requirement for a college degree for the certified residential and certified general classifications?

For the certified residential classification, you must have either an Associate’s degree or higher in any field of study, or in lieu of the required degree, you can take 21 semester credit hours in specific subject matter courses. For the certified general classification you must have either a bachelors degree or higher in any field of study, or in lieu of the required degree you can take 30 semester credit hours in specific subject matter courses.

How long after I complete the class and receive my certificate do I have to take the state exam?

How long after I take the course before I can take the state exam?

The state exam is given by appointment only. You can’t schedule an appointment until the SCREAB sends you the necessary paperwork. It takes about 2 weeks for the real estate commission to mail you the packet of information with the necessary paperwork to contact PSI to call and schedule an appointment to take the state exam.

What if I fail the Fortune or State exam?

What happens if I miss a class? Am I required to make it up?

Thank you for calling. We look forward to hearing from/meeting you.

Inquiry: Appraisal Continuing Education Course

I’d like information on your Appraisal continuing eduction course.

The South Carolina Real Estate Appraisal Board (SCREAB) requires a person to complete 14 hours every year. In addition, the requirement that individuals must successfully complete the 7 hour National USPAP Update Course or its equivalent every two years. License will be renewed every 2 years. (See schedule for dates and times).

We offer appraisal continuing education classes from April thru June every year (see calendar or schedule for dates and times http://www.fortuneacademy.com, click appraisal, then continuing education, and then whatever location you want to take the class in). Day classes meet from 8:30 am – 4:30 pm.

Tuition for the class is $120.00 and the book is included in the price of the class.

Tuition is due 1 week prior to class starting. Full payment is due at the time of registering. Registration can be processed online or by phone with a credit card or at the location with cash or check.

Complete an enrollment form for students enrolling in one of these courses. Please send an email that includes all student and course information to info@fortuneacademy.com or fax to 843-839-9696. Continuing education courses are available in the classroom or online.

What do I do once I complete the course?

Once a student has passed the class and received their certificate they will maintain their certificate for 5 years in case of an audit by the SCREAB. The student will need to go online to the SCREAB website (http://www.llronline.com/POL/REAB/) and renew their license online. The renew fee is $390.00

Where can I find the forms / applications for my license?

All forms can be found here: http://www.llronline.com/POL/REAB.

Thank you for calling. We look forward to hearing from/meeting you.

Additional information for ES about the Registration Form

Student info should include their first & last names, full address, phone, email address and license number & type if licensed.

Course info should include course name and date the student will be in attendance if taking a live class.

If using the form for correspondence courses, please be sure to include the course titles.

Payment info should include the amount paid, date paid, method of payment (cc or check #) and the name of person paying if different than student.

We are not set up as vendors to accept or receive tuition assistance for military or work rehabs.

Occasionally, students are eligible for tribal assistance. These are done on a case by case basis and the paperwork originates from the DeSpain office. There are not many of these and take some time to set up for each student. Please refer them back to Brenda Hays during normal business hours.

If necessary, team members can reach Brenda Hays most evenings at home 405-525-8410; or in an emergency by cell 405-412-4943.

General FAQ’s

Do you offer job placement in any/all fields that you teach?

No. Fortune and /or all of Fortune’s affiliates are prohibited to offer job placement or assistance. Fortune provides education in specialized job market fields; we can neither endorse nor refer students to a specific company or establishment with the purpose of job placement. However, we recommend that the students take the time to search their local directories for companies and other resources in their area.

Do you guarantee that I will pass?

As much as we would like to guarantee that every student will pass, we can’t guarantee that. Most of our students pass all Fortune exams and state tests successfully, however their success depends on several factors. The student will get out of these courses what they put into them, attentiveness; study, interaction, attendance and timing are all key factors in their success. We offer no monetary guarantees, nor do we refund tuition if a student is unsuccessful.

What is your pass rate?

Fortune Academy has a 95 % pass rate, both with the classroom and the state exam.

Can you fax me a copy of all Fortune Classes?

Please refer students to our website at www.fortuneacademy.com. The website has information on class dates and times.

Thank you for calling. We look forward to hearing from/meeting you.

Roger DeSpain School

http://www.rogerdespainschool.com/

401 N. Meridian
Oklahoma City, OK 73107

Phone: 405-947-4448
Toll Free: 888-611-4448
Fax: 405-947-4528
Email: sales@rogerdespainschool.com

Cash, check (made payable to 360training) and credit card payments are acceptable forms of payment.

Answering the phone:

Roger DeSpain School of Real Estate. This is __________. How may I help you?

Courses Offered:

Real Estate Pre-License

Real Estate Post License

Real Estate Continuing Education

National 7 Hour USPAP Update Course pg 8

Real Estate Broker Pre-License

Mortgage Continuing Education

Registration Form

Other Information

Course Type	Length	Cost	State Requirements	End of Course Instructions
Real Estate Pre-License	90 Hrs	$495	Complete 90 hr course and pass school final before taking the state exam; submit to National Criminal History Background check and fingerprinting.	Classroom – once you have passed the final the school will provide you with a certificate of completion and notify state within 5 days of your completion. Correspondence – once you have passed the online exam you will need to print the affidavit, complete it and fax it to us at 512-692-1814. Your course completion notice will then be sent to OREC.
Real Estate Post License	45 Hrs	$250	45 Hour Post License must be completed before first year’s license expires . Licenses always expire the last day of the month preceding the month license was issued. (A license issued January 2008 will expire December 2008.)	Classroom – once you have completed the course the school will provide you with 2 certificates of completion – one for your records and one to send to the state.
Real Estate CE Single Course	3 Hrs	$15	21 Hours required every 3 years. 12 of these hours on core subjects and remainder are electives. Core subjects include Fair Housing/Professional Conduct/Broker Relationship Act and a HOT topic.	Classroom – once you have completed the course the school will provide you with 2 certificates of completion – one for your records and one to send to the state. Online / Correspondence – once you have passed the online exam you will need to print the affidavit, complete it and fax it to us at 512-692-1814. Your course completion notice will then be sent to OREC. There is an online certificate the students can download and print for their records. Do not send the certificate to OREC.
Real Estate CE Pkg Course	21 Hrs	$99	21 Hours required every 3 years. 12 of these hours on core subjects and remainder are electives. Core subjects include Fair Housing, Professional Conduct, Broker Relationship Act and a HOT topic.	See instructions in cell above
Real Estate Broker License	90 Hrs	$495	Complete 90 hr course and pass school final before taking the state exam; submit to National Criminal History Background check and fingerprinting.	Correspondence – once you have returned course exam to school and has been graded, the school will provide you with a certificate of completion and notify state within 5 days of your completion.
Mortgage CE	16 Hrs	$199	16 Hours required each year.	Classroom – once you have completed the course the school will provide you with a certificate of completion and notify the state of your completion. Correspondence – once you have returned course exam to school and has been graded, the school will provide you with a certificate of completion and notify the state.

National USPAP 7 Hour Update course

7 hrs $199.00 7hrs required every two years Classroom only- once you have completed the course, the school will provide you with a certificate and documentation for Oklahoma Real Estate Appraiser Board.
Inquiry: Basic I Pre-License Course

I’d like more information on your real estate classes.

The Oklahoma Real Estate Commission (OREC) requires a person to complete a 90-hour pre-licensing class in order to sit for the state exam. We have 2 classes available each month (see calendar or schedule for dates and times http://www.rogerdespainschool.com/RealEstate/Prelicensing.cfm ), as well as a home-study course available.

Tuition for any of these classes is $495.00, and includes the course, book and materials used in class and a computer disk to help you prepare at home as well.

1. Tuition is due before class starts. You can pay the day of class or we will have a team member contact you for payment arrangements.

Complete an enrollment form for students enrolling by phone for classroom or home study. Please send an email that includes all student and course information to brenda.hays@360training.com.

2. If the dates don’t work, suggest our website www.despainschool.com for additional dates.

3. Remind them that the home-study course is also available.- if they choose that route send an email that includes all student and course information to brenda.hays@360training.com. Order will be processed and mailed following day.

The on-line pre-license course isn’t available at this time, however the home-study course may meet their needs.

What do I do once I complete the course?

All pre-license students are required to pass a final exam here before sitting for the state exam at OREC(The Oklahoma Real Estate Commission). Students who do not pass the final exam will be required to make arrangements to take a second exam and pass it before going to OREC.

o OREC charges $60.00 for each exam, and $75.00 for the first year license.

o Upon passing the state exam, and having paid for the first year license, OREC will issue the license to your broker. Students are required to find their own broker and have the broker complete the back page of the exam application.

Where can I find the forms / applications for my license?

All forms can be found here: http://www.ok.gov/OREC/Forms_and_Applications/index.html

What else should I know about getting my license?

Effective January 1, 2008, the Oklahoma Real Estate Commission began requiring all persons seeking a new license to submit to a National Criminal History Check and fingerprinting. We encourage our students to complete the background check form and fingerprint cards as soon as possible. It can take up to 60 days for the background information to be returned to the commission, and the Oklahoma Real Estate Commission won’t issue a license until they have it. The cost for this is $41.00. Fingerprinting runs from no cost to $25.00, depending on where you have this done.

You’ll turn in your background check form and fingerprint card at the same time to the Oklahoma Real Estate Commission. Please note the Oklahoma Real Estate Commission will not accept background checks from any other organizations.