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The Fundamentals of Commercial Real Estate

$39
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 3 Mandatory Hours: 0 Total Hours: 3
Description
State Requirements

The Fundamentals of Commercial Real Estate covers the need-to-know information on a broad range of commercial topics.

If you're an experienced residential licensee, a few of the fundamentals of commercial real estate will be familiar to you—the importance of location, for example. In other regards, commercial differs sharply from residential real estate. Executives, investors, and business owners in commercial real estate focus squarely on the bottom line.

This course will provide a foundation for the more complex aspects of commercial real estate as you gain more experience in the industry.

Course highlights include:

  • Key terms and concepts of commercial real estate
  • How to identify and meet the needs of commercial real estate clients
  • How commercial and residential sales differ
  • Valuation methods for real estate and businesses
  • Tips on gathering the demographic and location-related details that clients need to make well-informed decisions

Package Content:

State Requirements For New York

New York State Requirement Details for Real Estate Continuing Education - First Time Sales License Renewal

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
  • 2 agency hours
  • 10 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
  • 2 agency hours for initial license renewal
  • 10 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 AddressOne 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