Tactics that work with motivated, excited sellers don't always translate well when working with short sale sellers and short sale buyers. Add lender approvals, junior lien holders, and inflexible timelines into the mix, and you end up with a whole new ball game.
In a short sale transaction, the motivation for each party is different than the standard transaction, and as the professional in the scene, you need to adjust accordingly. This course speaks to your interaction with short sale sellers, and how you can help them through a tough process while diligently advocating on their behalf. We cover how to figure out an appropriate listing price, negotiate with the lender's representative, sort through debt settlement terminology, and carry the deal through to closing. We also look at the process from a buyer's agent perspective. Additional cautions, considerations, and fraud prevention tactics are required when advocating on behalf of these deal-seeking buyers.
Renewal Date: Every 4 years, on the last day of the licensee's birth month
Hours Required: 36 hours
Effective July 1, 2025, all brokers will be required to complete a minimum of 18 hours of broker CE per 4-year renewal period. The 18 hours is part of the required 36 hours of CE each renewal period. The required 3 hours of license law CE will remain in effect for all licensees.
The CE Shop’s Offering: 36 hours
Course Duplication: A student may repeat a course and receive credit as long it has been over 12 months since the course was last taken. A licensee’s renewal does not change the 12-month limitation on repeating a course.
Reporting: The state requires course completions to be reported to the state. We will report your course to the state upon completion.
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 course completions, 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 application to determine if you need to submit your certificate(s) of completion. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.
Final Exams: Passing a final exam is not required to receive continuing education credit in Georgia, therefore our system is set up so that final exams can be passed with a 0% passing score.
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.
GREC Notice to Students
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