Real Estate/ Continuing Education/ District of Columbia/ Wholesaling in Today's Market

Wholesaling in Today’s Market

$49

This product includes:

LICENSE RENEWAL PERIOD: 2 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 District of Columbia

District of Columbia State Requirement Details for Real Estate Continuing Education

Renewal Date: 2/28 every odd-numbered year

Hours Required: 15 hours

Broker:
9 hours – Mandatory (DC Fair Housing; DC Ethics; DC Legislative Update)
3 hours – Property Management
3 hours – Broker Supervision

The CE Shop’s Offering: 15 hours

The CE Shop is an approved provider in the District of Columbia.

Provider Approval Number: 603799

Reporting: Effective 04/01/2021, OPLA ceased operations for their course reporting system for all schools. LICENSE RENEWALS MUST STILL BE COMPLETED ONLINE on time. Completion of required continuing education hours will be attested to in the license renewal process. Course completion reporting will resume at a later date. OPLA may audit continuing education compliance for licensees at any time. Please complete your CE as usual and renew online by 2/28/2025.

Expiration Date of Course: The District of Columbia provides that a course must be completed within 3 months from the date of purchase.

Final Exams: Final exams must be passed with at least a 70% and may be taken as many times as necessary in order to pass.

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.

Duplicate Courses: Please note that a licensee (active or reinstatement) will NOT be given credit on transcripts for taking the same course(s) within the same cycle.

CE Exemptions: Newly licensed brokers, salespersons and property managers are exempt from taking CE courses for the remainder of a licensing cycle during which their license is obtained, but are required to renew the license when that first cycle ends. CE credits taken by (new) licensees do not roll over and cannot be carried forward into the next cycle.

License Renewal Process: The process to renew in this state is to log in to the licensing system online and follow the prompts to renew.

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