Real Estate/ Continuing Education/ Iowa/ Advocating for Short Sale Clients

Advocating for Short Sale Clients

$39

This product includes:

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

Description

State Requirements

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.

Package Content:

State Requirements For Iowa

Iowa State Requirement Details for Real Estate Continuing Education

Renewal Date: 12/31 every three years

Hours Required: 36 hours

12 hours – Mandatory hours
- 8 hours law update
- 4 hours ethics
24 hours – Elective hours

Note: per Iowa state regulations, a maximum of 24 hours may be taken by distance learning during each three-year renewal period. At least 12 hours of continuing education must be taken via live instruction. There is no requirement as to which course or courses are taken via live instruction.

The CE Shop’s Offering: 28 hours

4 hours - mandatory ethics hours
24 hours - elective hours

Provider Approval Number: 244

Reporting: The state does not require schools to report course completions.

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 Exam: Final exams must be passed with a minimum of 80% and may be taken as many times as necessary in order to pass.

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.

Max Hours in a 24-Hour Period: Students will not receive credit for more than 8 hours of continuing education in a 24-hour period. Our online course delivery system manages this requirement for you.

Course Duplication: During each three-year renewal period a course may be taken for credit only once. A course may be repeated for credit ONLY if the course numbers and instructors are different.

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