Real Estate/ Continuing Education/ District of Columbia/ Serving the Unique Needs of the Senior Market

Serving the Unique Needs of the Senior Market

$45

This product includes:

LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 3 Mandatory Hours: 0 Total Hours: 3

Description

State Requirements

Did you know that a report issued by Census.gov, An Aging Nation: The Older Population in the United States, notes that “In 2050, the population aged 65 and over is projected to be 83.7 million”? That’s almost double what that population numbered in 2012. This population group’s numbers are rising fast, and that adds up to opportunities for licensees.

The senior market needs the services of real estate professionals who understand its unique real estate needs. Working with seniors comes with some of its own challenges, concerns, and rewards. A comprehensive understanding of the particulars and practicalities of this market segment will equip licensees to serve older adult clients with the respect and honor they deserve.

In this course we’ll explore best practices in addressing the distinctive considerations in the senior marketplace. Course highlights include:

Senior market stats in the U.S.
Important financial and lifestyle considerations for older clients
Seniors and legal competence
Senior seller and property preparation for listing
Four significant considerations for older adult buyers
Potential snags and how to overcome them
Options in senior adult communities, both traditional and noteworthy
Housing programs for low-income seniors
The senior market as a niche

Package Content:

State Requirements For District of Columbia

District of Columbia State Requirement Details for Real Estate Continuing Education

Renewal Date: 8/31 every odd-numbered year

Hours Required: 15 hours

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

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 8/31/2025.

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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