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Real Estate/ Post-Licensing/ Kentucky/ Appraisals and Home Inspections
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Appraisals and Home Inspections

$55
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 4 Mandatory Hours: 0 Total Hours: 4
Description
State Requirements

A real estate licensee is not an appraiser. But when a property appraises below the agreed upon sales price, it can seriously jeopardize a transaction. Therefore, it's important to understand the factors that influence appraisal value, and the methods of valuation used by appraisers. This course has you covered.

Your course also reviews the importance of the home inspection, roles and responsibilities related to home inspections, and conditions that can indicate structural, system, or property defects. 

This course fulfills four hours of elective instruction on appraisals and home inspections for the Kentucky salesperson post-licensing requirements. 

Course highlights:

  • Definition and purpose of an appraisal
  • CMA vs. BPO vs. appraisal
  • D.U.S.T.
  • Valuation process of the USPAP
  • Sales comparison, cost, and income approach to value
  • Roles in property disclosure
  • Purpose and process of the home inspection
  • Material facts related to property condition and location
  • Lot size, encroachments, easements
  • Additions and alterations
  • Activities and scenarios to reinforce key concepts

Package Content:

State Requirements For Kentucky

Kentucky State Requirement Details for Real Estate Sales Associate Post-Licensing Education

Hours Required by the State: 48 hours

  • 32 hours of mandatory course topics
    • 3-hour Commission Compliance course
    • 6 hours in Agency
    • 6 hours in Contracts
    • 3 hours in Finance
    • 3 hours in Advertising
    • 3 hours in Disclosure
    • 3 hours in Fair Housing
    • 3 hours in Technology & Data Security
    • 2 hours in Risk Management
  • 16 hours of elective course topics

Note: All sales associates licensed after January 1, 2016, are required to complete 48 hours of post-license education within the first 2 years of obtaining an active license.

The CE Shop's Offering: 48 hours

  • 32 hours of mandatory courses
    • 3-hour KREC Licensee Compliance (Commission Compliance course)
    • 6 hours in Agency
    • 6 hours in Contracts
    • 3 hours in Finance
    • 3 hours in Advertising
    • 3 hours in Disclosure
    • 3 hours in Fair Housing
    • 3 hours in Technology & Data Security
    • 2 hours in Risk Management
  • 16 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.

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

Max Hours in a 24-Hour Period: Students will not receive credit for more than 9 hours of postlicense 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 Post-License