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Wholesaling Uncovered: Risks, Laws, and Real Estate Realities

$49
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 4 Mandatory Hours: 0 Total Hours: 4
Description
State Requirements

Real estate wholesaling is not a new concept, but its practice, regulation, and public perception have changed significantly in recent years. For real estate professionals navigating a market where wholesaling is becoming more popular and increasingly problematic, understanding its legal, ethical, and professional implications is more important than ever.

This four-hour course provides a straightforward examination of wholesaling: how it operates, when it crosses legal and ethical boundaries, and why it faces greater scrutiny from lawmakers and the public. You’ll examine how some investors use wholesaling as a legitimate and transparent strategy to build wealth, while others exploit it to bypass licensing requirements, mislead sellers and buyers, and disrupt housing stability, particularly in vulnerable communities.

Whether you are new to wholesaling, advising clients involved, or simply looking to avoid legal issues, this course is designed for you.

Course highlights include:

  • Differences between wholesaling and traditional real estate transactions
  • Pros and cons of wholesaling
  • State laws and licensing implications for wholesaling
  • Identifying red flags with wholesaling
  • Ethical pitfalls in wholesaling
  • Recognizing predatory patterns
  • When wholesaling becomes illegal
  • Collateral damage, legal fallout, and civil penalties
  • Wholesaling's impact on housing markets and housing inequity
  • Wholesaling and technology
  • Interactive activities, case studies, and scenarios to frame the content in everyday context

Package Content:

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