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

Wholesaling in Today's Market

$39

This product includes:

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

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