Real Estate/ Continuing Education/ New Jersey/ Serving the Unique Needs of the Senior Market

Serving the Unique Needs of the Senior Market

$39

This product includes:

LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 3 Mandatory Hours: 0 Total Hours: 3

Description

State Requirements

Did you know that a report issued by Census.gov, An Aging Nation: The Older Population in the United States, notes that “In 2050, the population aged 65 and over is projected to be 83.7 million”? That’s almost double what that population numbered in 2012. This population group’s numbers are rising fast, and that adds up to opportunities for licensees.

The senior market needs the services of real estate professionals who understand its unique real estate needs. Working with seniors comes with some of its own challenges, concerns, and rewards. A comprehensive understanding of the particulars and practicalities of this market segment will equip licensees to serve older adult clients with the respect and honor they deserve.

In this course we’ll explore best practices in addressing the distinctive considerations in the senior marketplace. Course highlights include:

Senior market stats in the U.S.
Important financial and lifestyle considerations for older clients
Seniors and legal competence
Senior seller and property preparation for listing
Four significant considerations for older adult buyers
Potential snags and how to overcome them
Options in senior adult communities, both traditional and noteworthy
Housing programs for low-income seniors
The senior market as a niche

Package Content:

State Requirements For New Jersey

New Jersey State Requirement Details for Real Estate Broker, Broker-salesperson, and Salesperson Continuing Education

Renewal Date: June 30th of odd-numbered years. Continuing Education must be completed by April 30th of odd-numbered years.

Hours Required: 12 hours

6 hours in core topics
- 1 hour in Fair Housing & New Jersey Law Against Discrimination
- 2 hours in Ethics
- 1 hour in Agency
- the remaining hours in any core topic
  - Agency
  - Disclosure
  - Legal issues
  - Ethics
  - Fair Housing
  - Rules and regulations
  - Real estate licensee safety
  - Financial literacy and planning
6 hours of elective courses - A mix, or all of the same, of any of the following four CE types: ELECTIVES or ETHICS or CORE or FAIR HOUSING

Note: Salespersons initially licensed in the FIRST year of the NJ real estate license term ARE REQUIRED to complete CE requirements in order to renew their license for the next term. Salespersons initially licensed in the SECOND year of the NJ real estate license term shall not be required to fulfill any continuing education to renew their license upon the conclusion of that license term.

The CE Shop’s Offering: 12 hours

6 hours in core topics
- 1 hour in Fair Housing & New Jersey Law Against Discrimination
  - Fair Housing in New Jersey
- 2 hours in Ethics
  - Ethics at Work
  - Using the Code to Solve Ethical Dilemmas
  - Wholesaling in Today's Market
- 1 hour in Agency
  - NJ Agency: Licensee Relationships and Duties
  - New Rules, New Roles: NJ Licensee Business Relationships
  - AAA: All About Agency
- the remaining hours in any core topic
  - Assistance Animals and Fair Housing
  - Diversity: Your Kaleidoscope of Clients
  - Keeping it Honest: Understanding Real Estate & Mortgage Fraud
  - Lead Awareness and Compliance
  - Marketing, Advertising, and Social Media Compliance
  - Personal Safety
  - Section 1031 Tax-Deferred Exchanges
  - Sex and Real Estate: Sexual Harassment, Sexual Discrimination and Fair Housing
6 hours of elective courses - A mix, or all of the same, of any of the following four CE types: ELECTIVES or ETHICS or CORE or FAIR HOUSING

Reporting: The state requires course completions to be reported to PSI. We will report your course to PSI upon completion.

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.

License Renewal Process: The process to renew in this state can be found here.

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

New Jersey Real Estate Commission

Street Address: 20 West State Street, Trenton, New Jersey 08608

Mailing Address: PO Box 328, Trenton, New Jersey 08625-0328

Telephone: (609) 292-7272

Email: realestate@dobi.nj.gov

New Jersey Real Estate Commission

NJREC Continuing Education

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