Real Estate/ Continuing Education/ Montana/ Advocating for Short Sale Clients

Advocating for Short Sale Clients

$49

This product includes:

LICENSE RENEWAL PERIOD: 1 YEARS Elective Hours: 3 Mandatory Hours: 0 Total Hours: 3

Description

State Requirements

Tactics that work with motivated, excited sellers don't always translate well when working with short sale sellers and short sale buyers. Add lender approvals, junior lien holders, and inflexible timelines into the mix, and you end up with a whole new ball game.

In a short sale transaction, the motivation for each party is different than the standard transaction, and as the professional in the scene, you need to adjust accordingly. This course speaks to your interaction with short sale sellers, and how you can help them through a tough process while diligently advocating on their behalf. We cover how to figure out an appropriate listing price, negotiate with the lender's representative, sort through debt settlement terminology, and carry the deal through to closing. We also look at the process from a buyer's agent perspective. Additional cautions, considerations, and fraud prevention tactics are required when advocating on behalf of these deal-seeking buyers.

Package Content:

State Requirements For Montana

Montana State Requirement Details for Real Estate Continuing Education

Renewal Date: 10/31 every year

Hours Required: 12 hours

No continuing education is required for salesperson licensees who are licensed less than 12 months on their first renewal.

The CE Shop’s Offering: 12 hours

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

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% 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.

Property Manager: New property manager licensees are required to complete four hours of property management trust account CE by their first renewal date. If no course occurs by the first renewal date, the licensee must complete the course when it is next offered. The CE Shop currently does not offer this course.

Supervising Broker: Each licensing year, a Supervising Broker must complete 12 hours of Continuing Education. 4 of those hours must be board-approved education in the area of Supervising Broker Continuing Education as designated by the board. The CE Shop currently does not offer this course.

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