Real Estate/ Continuing Education/ New Jersey/ Wholesaling in Today's Market

Wholesaling in Today's Market

$39

This product includes:

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

Description

State Requirements

Real estate wholesaling is not a new concept. However, the practice, regulation, and public perception of wholesaling 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 three-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:

Foundational principles of wholesaling
Strategic uses of wholesaling
State laws and licensing implications of wholesaling
Red flags to indicate predatory wholesaling practices
When wholesaling becomes illegal
Ethical wholesaling
Collateral damage of wholesaling
Legal and civil penalties
Effects of predatory wholesaling on housing market
Real-world cases, interactive scenarios, and activities to understand wholesaling in your real estate practice

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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