Real Estate/ Continuing Education/ Michigan/ 6-Hr. MI CE Package (includes Annual Mandatory Hours)

6-Hr. MI CE Package (includes Annual Mandatory Hours)

$59

This product includes:

LICENSE RENEWAL PERIOD: 3 YEARS (2 LEGAL HRS. PER YEAR, 1 FAIR HOUSING HR. PER YEAR) Elective Hours: 3 Mandatory Hours: 3 Total Hours: 6

Description

Package content and courses

State Requirements

This package includes 2 legal update hours and 1 fair housing hour of continuing education that licensees are required to complete each year of the renewal cycle, plus 2 elective hours.

Courses included in this package:

Closing Transactions in Michigan (2 legal update hours)
Sex and Real Estate: Sexual Harassment, Sexual Discrimination, and Fair Housing (1 fair housing hour and 2 elective hours)
Real Estate Auctions (1 elective hour)

Package Content:

Real Estate Auctions

Click a button. Raise a paddle. Buy a house. It's just that easy--and that risky. Auctions offer opportunities and benefits and they don't only take place on the courthouse steps. They also provide the opportunity to lose one's shirt.

In this course, you’ll learn how properties end up at auction and the types of auctions you and your clients may encounter. You’ll explore the benefits and detriments of buying or selling at auction, and you’ll finish with a greater understanding of your auction-related responsibilities when working with buyers, sellers, or on your own behalf as an investor, listing agent, referral source, cooperating agent, or even auctioneer.

Going once ...

Sex and Real Estate: Sexual Harassment, Sexual Discrimination, and Fair Housing (includes 1 hour Fair Housing for completions on or after 2/13/24)

Thanks in part to movements such as #MeToo and Time’s Up, sexual harassment and discrimination have moved to the forefront of the national conversation. Responsible agents not only reject sexually predatory behavior but also actively dismantle toxic workplace environments to ensure a safe place for all. It’s up to agents to reject behaviors or ideologies that could damage neighbors, clients, and each other.

In this course, we’ll take a closer look at how sexual harassment is defined and the impact such behavior can have on your clients, your brokerage, and your reputation. Additionally, we’ll discuss actions you can take to ensure that your office is inclusive and welcoming to all, and that your clients’ best interests are always protected. This includes tips for putting together a comprehensive office policy that thoroughly addresses sexual harassment and discrimination.

Course highlights:

How sexual harassment is defined by the U.S. Equal Employment Opportunity Commission (EEOC), the U.S. Department of Housing and Urban Development (HUD), and the National Association of REALTORS® (NAR)
Protections offered through Title VII of the Civil Rights Act and the federal Fair Housing Act
Ramifications of sexual harassment within a brokerage, including how it affects clients and customers
Federal Sexual Harassment Housing Initiative
Federal and state laws protecting sexual orientation and gender identity in housing
Landmark legal cases relating to sexual harassment and gender discrimination
Tips for putting together a comprehensive office policy that addresses sexual harassment and the complaint process
Activities and scenarios to reinforce key concepts

Closing Transactions in Michigan (2 hours Legal)

At its most basic, closing is when one person transfers ownership of real property to another. However, getting your clients safely from contract to closing can sometimes be daunting. Even when all goes smoothly, the closing process is often complex, and keeping all your "docs" in a row keeps you busy.

This two-hour course covers topics related to closing, from basic best practices to special cases. Course highlights include:

Closing methods in Michigan
Closing preparations for licensees
Contracts consummated at closing
The Real Estate Settlement Procedures Act (RESPA), TILA-RESPA Integrated Disclosures (TRID), and their impact on closings
Buyer and seller adjustments, such as prorations, debits, and credits
Tax implications for closing
Title transfer issues for distressed properties
Activities and scenarios to reinforce key concepts

State Requirements For Michigan

Michigan State Requirement Details for Real Estate Continuing Education

Renewal Date: Every three years from date of issuance

Hours Required: 18 hours

6 hours – Legal Update
3 hours – Fair Housing
9 hours – Elective

Note: 2 hours of legal education courses involving statutes, rules, and court cases are required in each year of a license cycle.

*Effective 2/13/2024 all real estate professionals must complete one hour of Fair Housing in each year of the license cycle.

For those renewing within the first year of the effective date of the law, if selected for a Continuing Education Audit, the Department will take into consideration the shortened window for you to comply with the new law. For those renewing more than 1 year after the effective date of the law (after February 13, 2025), if selected for a Continuing Education Audit, the Department will use its discretion but would expect that at least one hour of this new training is completed for each license cycle year since the law went into effect.

The CE Shop’s Offering: 18 hours

6 hours – Legal Update
3 hours – Fair Housing
9 hours – Elective

The CE Shop is an approved provider in Michigan.

Provider Approval Number: M289

Reporting: The CE Shop reports CE hours to CE Marketplace. You can access your course records with CE Marketplace here.

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 at least a 75% 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.

Seat Time: It is required that all students spend a minimum amount of seat time engaged in the course content. Our online course delivery system manages this requirement for you.

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