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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 York

New York State Requirement Details for Real Estate Continuing Education - Broker and Sales License

Renewal Date: Every two years by the exact day of your license anniversary date

Hours Required: 22.5 hours

  • 2 hours implicit bias 
  • 2 hours cultural competency
  • 3 hours fair housing
  • 2.5 hours ethical business practices
  • 1 hour legal matters
  • 1 hour agency (2 agency hours for initial license renewal)
  • 11 elective hours

The CE Shop is an approved school in New York.

The CE Shop’s Offering: 22.5 hours

  • 2 hours implicit bias 
  • 2 hours cultural competency 
  • 3 hours fair housing
  • 2.5 hours ethical business practices
  • 1 hour legal matters
  • 1 hour agency (2 agency hours for initial license renewal)
  • 11 elective hours

Reporting: New York is an audit state that does not require course completions to be reported by education providers. Licensees must keep copies of their course completions in the event they are audited. Licensees can download a copy of course certificates from our website at any time.

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.

Final Exam: Final exams must be passed with at least a 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. 

Seat Time: It is required that all students spend a minimum amount of seat time engaged in the course content. Our online course delivery system manages this requirement for you.

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

New York Department of State

Street Address: One Commerce Plaza, 99 Washington Avenue, Albany, NY 12231

Mailing Address: P.O. Box 22001, Albany, NY 12201-2001

Phone518.474.4429

Fax518.473.6648

License Renewal Website

License Lookup Website

Contact NY DOS