New Salesperson Module 3: Real Estate Documents — Seller Representation focuses on two topics directly connected to seller representation: the listing process and property condition disclosures.
The listing process involves securing a listing appointment, conducting a pre-interview appointment, preparing a comparative market analysis, executing the listing presentation, helping to prepare the property for the market, and listing and marketing the property. It also includes negotiation and transaction management through closing.
As for property condition disclosures, the inspection process can lead to all sorts of snags in real estate transactions, sometimes causing deals to fall apart. Equally important is the fact that a lack of proper disclosure can lead to professional violations and civil lawsuits. With all that weight on them, your understanding of the disclosure and inspection processes is vital to your real estate career. New Salesperson Module 3: Real Estate Documents — Seller Representation helps you develop the understanding you need to keep your transactions humming along smoothly and ensure you and your clients stay out of court.
Within their first 12 months of licensure, new real estate salespersons in Delaware must complete 4 modules of continuing education on the following topics: Professional Standards in Real Estate, Agreement of Sale — Buyer Representation, Real Estate Documents — Seller Representation, and Real Estate Professionalism. This 3-hour course fulfills the Real Estate Documents — Seller Representation requirement.
Course highlights include:
Delaware State Requirement Details for Real Estate Post-Licensing Education
Hours Required by the State: 12 hours within the first year of licensure
The CE Shop’s Offering: 12 hours
Reporting: Real estate course completions are reported to the Delaware Real Estate Commission. The state requires schools to report course completions within seven to ten days from the course completion date. Course completions will be reported within this time frame. The Commission does not post CE credits to the licensee’s account. It is the responsibility of the licensee to ensure that they have completed the Continuing Education requirement.
Post-Licensing Final Exams: Final exams must be passed with a minimum of 80% and may be taken as many times as necessary in order to pass.
Certificates: Once The CE Shop has received the signed affidavit, your certificate of course completion will become available to download (and via email). The CE Shop will provide students with an electronic certificate of completion, upon completion of the course. Certificates will remain in your account for a minimum of five years, should you need additional copies. Please refer to your license application to determine if you need to submit your certificate of completion with your license request. Course completion dates are recorded using Central Standard Time. Please note that the date of your certificate of completion will reflect this.
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.
Seat Time: The Delaware Real Estate Commission requires 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.
License Renewal Process: The process to renew a license in Delaware is to log in to the licensing system online and follow the prompts to renew.
These 12 hours of CE will be applied to the total amount of required CE hours pursuant to the pro-ration schedule in Rule 13.2. Please refer to the Delaware Administrative Code for further details on the hours required for new licensees.
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