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.
Idaho State Requirement Details for Real Estate Continuing Education
Renewal Date: Every 2 years
Hours Required by the State: 12 elective hours and 2 ID Core courses
Provider Approval Number: 149
The CE Shop is an approved provider in Idaho.
The CE Shop’s Offering: 12 elective hours and 2 Idaho Commission Core courses
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: Final exams must be passed with at least a 70% and may be taken a maximum of 2 times. If the exam is not passed the second time, the licensee must re-enroll at no cost (by contacting customer support) and retake the entire course, including the final exam.
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.
Street Address: 11341 W. Chinden Blvd., Buiding 4, Boise, ID 83714
Mailing Address: PO Box 83720, Boise, ID 83720-0063
Telephone: 208.334.3233
5670 Greenwood Plaza Blvd.
Suite 340
Greenwood Village, CO 80111
Phone: 888.850.0889
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