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16-Hr. MS CE Package Plus ProPath

$149
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 8 Mandatory Hours: 8 Total Hours: 16
Description
Package content and courses
State Requirements

This complete package includes all 16 hours of CE required for second and subsequent renewals of active broker and salesperson licenses.

Package includes:

  • Mississippi Agency Law (4 mandatory hours)
  • Mississippi Contract Law (2 mandatory hours)
  • Mississippi License Law (2 mandatory hours)
  • Keeping it Honest: Understanding Real Estate and Mortgage Fraud (2 elective hours)
  • Personal Safety (3 elective hours)
  • Section 1031 Tax-Deferred Exchanges (3 elective hours)

PLUS, this package includes the ProPath “Mastering the Closing Process” professional development program!

  • Navigating the Financing Process: Master the ins and outs of real estate financing. Get essential knowledge, from loan terms and mortgage insurance, to distinguishing between pre-qualification and pre-approval. Learn how to connect with lenders, simplify the process for your clients, and provide personalized guidance.
  • Navigating the Appraisal Process: Fully understand the appraisal process and learn how to demystify it for your clients. Learn how to identify factors affecting property value, recognize and report appraisal bias, navigate special loan appraisals, and acquire the skills to compile effective appraisal packages.
  • Navigating the Inspection Process: Learn how to explain the importance of inspections, identify critical factors for buyers and sellers, and understand your responsibilities as an agent. Practice analyzing reports and communicating findings. Gain insights into selecting inspectors, scheduling, and pre-inspection preparation.

Professional development courses do not qualify for CE credits. This package includes a total of nine hours of professional development content that is not included in the mandatory or elective course hours listed.

 

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ProPath Professional Development

This course was designed to meet the REALTOR® Code of Ethics Training Requirement. Please confirm that your local association, who administers the Code of Ethics training, will accept this course.

Package Content:
Mississippi Agency Law

Despite ongoing training, agency issues continue to cause ongoing disputes and misunderstandings within the real estate profession. According to the National Association of REALTORS® Legal Scan, 37% of the survey respondents reported a moderate or higher level of current disputes involving agency issues, while 22% of the respondents believe there is a significant need for training on agency issues in general. 

This four-hour course reviews the basics of agency relationships, offers new ways for licensees to explain the Mississippi Real Estate Commission's agency disclosure form, and meets Mississippi's mandatory requirement for CE on Agency Law.    

Course highlights include:

  • Types of agency relationships, including single and dual agency
  • Working with a Real Estate Broker form and how licensees can help clients and customers understand that form
  • Case studies from across the country to show students the results of agency relationship misunderstandings and other issues
  • Activities and scenarios to reinforce key concepts

Mississippi Contract Law

Contract-related laws, rules, and regulations are integral to the practice of real estate. And as the real estate industry evolves, so do the legalities and practices that govern the contracts.  

In this two-hour course, we will review Mississippi real estate contract laws and rules, and learn how to apply that information to the real-world scenarios. 

Course highlights:

  • Legal requirements for a valid contract
  • Essential elements of a contract
  • Mississippi-specific laws and rules relating to real estate contracts 
  • Recent amendments to the preprinted contract forms provided by the Mississippi Association of REALTORS® to its members
  • Activities and scenarios to reinforce key concepts

Mississippi License Law

To practice professionally without risking your license, you need a complete understanding of Mississippi license laws and the Mississippi Real Estate Commission's Rules and Regulations. Even experienced licensees benefit from a review, especially since regulations change over time.

In this course, we apply your knowledge of Mississippi laws and regulations to real-world scenarios.

Course highlights:

  • Requirements (and exceptions) for nonresident licensees who wish to practice real estate in Mississippi
  • Broker's price opinions: who is authorized to provide them, and how they must be prepared
  • Tasks required of salespersons and brokers, from money-handling to recordkeeping
  • Acts that constitute violations of Mississippi's license law and disciplinary actions violators can face
  • Agency and property disclosures, and the appropriate timing for various disclosures
  • Duties and responsibilities of a brokerage's "responsible broker"
  • Activities and scenarios to reinforce key concepts

Keeping it Honest: Understanding Real Estate and Mortgage Fraud

Fraud has become a major issue in the industry. Lawbreakers use real estate as a vehicle to steal the life savings of unsuspecting homeowners and defraud lenders out of millions of dollars for their own gain. Federal, state, and local governments have taken steps to combat real estate fraud, but it remains a major problem—one you need to have a solid understanding of to ensure you're able to shield your clients and yourself from being defrauded or unknowingly committing fraud.

Keeping It Honest: Understanding Real Estate and Mortgage Fraud has been updated to discuss the latest fraudulent schemes and explain recent government initiatives aimed at stopping fraud and protecting consumers.

Course Highlights:

  • Fraud and its impact on the real estate industry
  • The newest and most prevalent types of fraudulent schemes
  • Red flag behaviors that suggest someone is engaging in fraud
  • How to report fraudulent or suspected fraudulent activities to the proper authorities
  • Key government initiatives aimed at stopping fraud and protecting consumers
  • Activities and scenarios to provide real-world context for course content

Personal Safety

Attacks on real estate professionals have made headlines at an alarmingly more frequent rate in recent years. After an incident where a licensee is harmed, everyone vows to do better, and the topic of safety is pushed to the front of training schedules. Then complacency sets in.

Criminals count on complacency.

This course reviews studies and statistics of safety issues in the real estate industry, and best practices for personal safety.       

Course highlights include:

  • Crime statistics and studies that challenge preconceived notions
  • Risk factors and vulnerabilities that unique to real estate professionals
  • Case studies to illustrate how criminals target their victims
  • How to develop a personal warning system and trust your instincts when something feels “off”
  • Activities and scenarios to provide real-world context for course content

Section 1031 Tax-Deferred Exchanges

Chances are good that, if it hasn't happened yet, you will one day work on a transaction involves a property that’s part of a tax-deferred exchange. When this happens, will you be ready to guide your client through the process and ensure they meet the critical deadlines?

With an appropriately formed exchange, an investor can defer paying taxes on the profit from one investment and instead use all of the profits to fund another investment. 

This course helps licensees become more comfortable with guiding clients through a 1031 tax-deferred exchange transaction and ensuring critical deadlines are understood and met.  

Course highlights include:

  • Section 1031 tax-deferred exchange definitions
  • Starker’s Exchange background and application
  • U.S. Internal Revenue Code requirements
  • IRS Safe Harbor Guidelines
  • Investor taxes advantages
  • Setting up an exchange
  • Selecting a Qualified Intermediary
  • Licensee role in a Section 1031 tax-deferred exchange
  • The non-exchanger's role in a Section 1031 transaction
  • Reverse exchanges
  • Rare exemptions to exchange deadlines

State Requirements For Mississippi

Renewal Date: Every two years, from license date

Hours Required: 16 hours

The CE Shop’s Offering: 16 hours

Reporting: The state requires schools to report course completions within seven to ten days from the course completion date. Course completions will be reported within this time frame.

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. 

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.

Final Exams: Final exams must be passed with at least a 70% and may be taken as many times as necessary in order to pass.

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

License Renewal Process: The process to renew with the state is to log in to the licensing system online and follow the prompts to renew.

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

Mississippi Real Estate Commission

Street Address: Lefleur's Bluff Tower, Suite 300, 4780 I-55 North, Jackson, MS 39211

Mailing Address: PO Box 12685, Jackson, MS 39236

Telephone: 601.321.6970

Fax: 601.321.6955

License Renewal Website

License Lookup Website

Contact MREC