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The Fundamentals of Commercial Real Estate

$39
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 3 Mandatory Hours: 0 Total Hours: 3
Description
State Requirements

The Fundamentals of Commercial Real Estate covers the need-to-know information on a broad range of commercial topics.

If you're an experienced residential licensee, a few of the fundamentals of commercial real estate will be familiar to you—the importance of location, for example. In other regards, commercial differs sharply from residential real estate. Executives, investors, and business owners in commercial real estate focus squarely on the bottom line.

This course will provide a foundation for the more complex aspects of commercial real estate as you gain more experience in the industry.

Course highlights include:

  • Key terms and concepts of commercial real estate
  • How to identify and meet the needs of commercial real estate clients
  • How commercial and residential sales differ
  • Valuation methods for real estate and businesses
  • Tips on gathering the demographic and location-related details that clients need to make well-informed decisions

Package Content:

State Requirements For Maine

Maine State Requirement Details for Real Estate Continuing Education

Renewal Date: Every 2 years

Hours Required: 21 hours

  • 3 hours – mandatory hours
  • 18 hours – elective hours  

CORE CREDIT: 

Maine Reasonable Care and Diligence Core Course

The CE Shop’s Offering: 21 hours

  • 3 hours - mandatory hours
  • 18 hours - elective hours

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

Expiration Date of Course: Course expiration dates vary by course but are generally one year after order date. Each individual course will have an expiration date listed in your account. 

Final Exams: Final exams must be passed with at least an 85% and may be taken as many times as necessary in order to pass.

Certificates: Immediately upon real estate course completion, 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 renewal application to determine if you need to submit your certificate(s) of completion with your renewal. 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 is to log in to the licensing system online and follow the prompts to renew. 

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