Real Estate/ Continuing Education/ Montana/ Wholesaling Uncovered: Risks, Laws, and Real Estate Realities

Wholesaling Uncovered: Risks, Laws, and Real Estate Realities

$59

This product includes:

LICENSE RENEWAL PERIOD: 1 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 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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