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

$49
This product includes:
LICENSE RENEWAL PERIOD: 2 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 Kentucky

Kentucky State Requirement Details for Real Estate Broker and Sales Associate Continuing Education

Renewal Date: March 31st of even-numbered years. Mandatory CE must be completed by December 31st of each year. If a continuing education course is taken after December 21st of the calendar year, the licensee's license may be cancelled if the course is not timely completed.

Hours Required by the State: 12 hours (every two years)

  • 6-hour Kentucky Core Course (every four years)
  • 6 hours in real estate law
  • 6 hours of elective courses
Note: Kentucky does require a state specific continuing education course - the Kentucky Core Course - to be completed by all active licensees subject to continuing education once every four years.  No other continuing education course will substitute for the Kentucky Core Course.

The CE Shop’s Offering: 12 hours

  • 6-hour Kentucky Core Course (required once every four years)
  • 6 hours in real estate law
  • 6 hours of elective courses

The CE Shop LLC is licensed by the Kentucky Commission for Proprietary Education.

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.

License Renewal Process: The process to renew in this state can be found here. 

Final Exam: Final exams must be passed with a minimum of 75%.

Max Hours in a 24-Hour Period: Licensees will not receive credit for more than 9 hours of continuing education in a 24-hour period. Our online course delivery system manages this requirement for you.

Still have questions? Visit our Frequently Asked Questions or Contact Us.

Kentucky Real Estate Commission

Street Address: Mayo-Underwood Building, 500 Mero Street , 2NE09, Frankfort, Kentucky 40601

Mailing Address: Mayo-Underwood Building, 500 Mero Street , 2NE09, Frankfort, Kentucky 40601

Telephone: (502) 564-7760

Kentucky Real Estate Commission

KREC Continuing Education