Real Estate/ Continuing Education/ California/ Wholesaling in Today's Market

(Consumer Protection) Wholesaling in Today's Market

$29

This product includes:

LICENSE RENEWAL PERIOD: 4 YEARS Elective Hours: 3 Mandatory Hours: 0 Total Hours: 3

Description

State Requirements

Real estate wholesaling is not a new concept. However, the practice, regulation, and public perception of wholesaling have changed significantly in recent years. For real estate professionals navigating a market where wholesaling is becoming more popular and increasingly problematic, understanding its legal, ethical, and professional implications is more important than ever.

This three-hour course provides a straightforward examination of wholesaling: how it operates, when it crosses legal and ethical boundaries, and why it faces greater scrutiny from lawmakers and the public. You’ll examine how some investors use wholesaling as a legitimate and transparent strategy to build wealth, while others exploit it to bypass licensing requirements, mislead sellers and buyers, and disrupt housing stability, particularly in vulnerable communities.

Whether you are new to wholesaling, advising clients involved, or simply looking to avoid legal issues, this course is designed for you.

Course highlights include:

Foundational principles of wholesaling
Strategic uses of wholesaling
State laws and licensing implications of wholesaling
Red flags to indicate predatory wholesaling practices
When wholesaling becomes illegal
Ethical wholesaling
Collateral damage of wholesaling
Legal and civil penalties
Effects of predatory wholesaling on housing market
Real-world cases, interactive scenarios, and activities to understand wholesaling in your real estate practice

Package Content:

State Requirements For California

California State Requirement Details for Real Estate Continuing Education

Renewal Date: Every four years

Hours Required: 45 hours

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

One nine-hour CE survey course that covers the seven mandatory subjects: ethics, agency, trust fund handling, risk management, management and supervision, fair housing and implicit bias training OR licensees can choose to take individual courses in all of those mandatory subjects;
A minimum of 18 hours of CE courses in the category of consumer protection; and
The remaining clock hours to complete the 45 hours of continuing education may be related to either consumer service or consumer protection courses.

DRE Disclaimer: The courses in this California catalog are approved for continuing education by the California Department of Real Estate. Sponsor ID number 6314. However, these course approvals do not constitute an endorsement of the views or opinions expressed by the course sponsor, instructor, authors, or lecturers.

The CE Shop’s Offering: 45 hours

Reporting: The state does not require schools to report course completions.

Seat Time: It is required that all students spend a minimum amount of seat time engaged in the course content. Our online course delivery system manages this requirement for you.

Max Hours in a 24-Hour Period: Students will not receive credit for more than 15 hours of continuing education in a 24-hour period. Our online course delivery system manages this requirement for you.

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

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

Final Exams: Final exams must be passed with a minimum of 70% and may be taken a maximum of 2 times. If you do not pass the exams after your second attempt, you may contact customer support to re-enroll at no cost and retake the entire course from the beginning. You are allotted one minute per question on the final exams.

DRE Survey: A course and instructor evaluation is available on the California Department of Real Estate website.

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