Real Estate/ Pre-Licensing/ Pennsylvania/ 240-Hr. PA Broker Pre-Licensing Complete Package

240-Hr. PA Broker Pre-Licensing Complete Package

$1999

This product includes:

Elective Hours: 15 Mandatory Hours: 60 Total Hours: 75

Description

Package content and courses

State Requirements

This package is designed to provide you with all 240 hours of instruction required to be eligible for a Pennsylvania broker license.

This course prepares you for the Pennsylvania state licensing exam as well as provides the practical business knowledge and foundation necessary to be a successful real estate broker in Pennsylvania.

Included in this package are:

PA 30-Hour Real Estate Brokerage and Office Management
PA 30-Hour Real Estate Law
PA 30-Hour Real Estate Sales
PA 30-Hour Real Estate Investments
PA 45-Hour Real Estate Finance
PA 15-Hour Fair Housing, Environmental Issues, and Risk Management
Pennsylvania Commercial Real Estate Brokerage
Pennsylvania Valuation of Residential Properties

Package Content:

Valuation of Residential Properties

It is integral to understand the appraisal process for residential real estate. Learn the three approaches to valuation. This real estate pre-license online course fulfills 30 of the 240 hours of education required in Pennsylvania to qualify to take the real estate broker licensing exam. Highlights include: Real Estate Appraisal Principles and Practices, Markets for Residential Real Estate, Data Analysis in Regards to Appraisal, and Site Description and Analysis.

Commercial Real Estate Brokerage

Become a better and more effective broker by gaining further insight into commercial real estate. This real estate pre-license online course fulfills 30 of the 240 hours of education required in Pennsylvania to qualify to take the state broker licensing exam. Highlights include: Commercial Leases, Environmental Regulations, Interstate Land Sales Full Disclosure Act (ILSFDA), Commercial Real Estate Principles and the Brownfield Economic Redevelopment Initiative. Please note that no hours of Civil Rights Law and Equal Opportunity in Housing are included in this course.

PA 15-Hour Fair Housing, Environmental Issues, and Risk Management

Fair housing, environmental hazards, and risk management strategies are issues for every real estate licensee. Knowing and adhering to fair housing law will help avoid violations and ensure equal access to housing. Understanding environmental hazards—both indoors and outdoors—helps licensees protect buyers from making costly mistakes. And appropriate risk management techniques can protect the brokerage (its reputation and license) and those it serves.

This 15-hour course for Pennsylvania broker license applicants reduces risk for licensees and those they serve, specifically covering the areas of fair housing, environmental issues, and risk management techniques at the organizational and transactional level, and emphasizing the importance of a robust policies and procedures manual and errors and omissions insurance.

Note: Completion of this course may count towards continuing education hours. This course has been approved for the 2024-2026 two-hour mandatory fair housing topic. The remaining course hours count as CE elective credit.

PA 45-Hour Real Estate Finance

This course provides 45 hours of instruction in real estate finance topics relevant to Pennsylvania real estate broker license applicants. Topics include sources of mortgage funds, government influences on the financial market, the anatomy of finance instruments, loan types, the mortgage lending process, and defaults and foreclosures.

PA 30-Hour Real Estate Investments

This course provides 30 hours of instruction in real estate investment relevant to Pennsylvania real estate broker license applicants. The course covers the fundamentals of investing in the real estate market, the pros and cons of real estate investing, forms of ownership, analysis and feasibility studies, tax laws affecting real estate investments, and financing options available to investors. The course also examines real estate investment by property types: residential, commercial, industrial, and other opportunities.

PA 30-Hour Real Estate Sales

This 30-hour course for Pennsylvania broker license applicants takes students through the sales transaction cycle. As we take you from prospecting to negotiating to closing (and all the steps in between), we’ll also review federal and Pennsylvania laws that may affect the transaction.

PA 30-Hour Real Estate Law

This 30-hour course covers real estate law concepts required for Pennsylvania real estate broker license applicants. Students will complete activities related to ownership and interests, contract law, the real estate transaction process, and leases. License, fair housing, antitrust, and agency laws will also be discussed, along with licensee liability.

PA 30-Hour Real Estate Brokerage and Office Management

This course provides 30 hours of instruction in real estate brokerage and office management topics required of all applicants for a broker license in Pennsylvania. Topics include planning and organization of a brokerage business, operational policies and procedures, records and controls recruitment, selection and training of personnel and real estate business analysis. The course also includes the pros and cons of running a brokerage and outlook and trends in the real estate industry.

State Requirements For Pennsylvania

PENNSYLVANIA STATE REQUIREMENT DETAILS FOR REAL ESTATE BROKER PRE-LICENSING EDUCATION

Hours Required by the State: 240 hours

Licensing Exam: The licensing exam is administered by PearsonVUE. Registration for the state licensing exam is an entirely separate process from proctoring for your course final exam. For instructions to register for your state licensing exam and further information, please click here.

Provider Approval Number: RU003247

The CE Shop’s Offering: 240 hours

Reporting: The state does not require schools to report course completions. Students will submit their certificate of completion with their license application.

Expiration Date of Course: The CE Shop’s Pre-Licensing courses expire six months after the date of purchase. Each student will be granted a one-month extension at no charge, to be applied immediately after the initial six-month term. For any reactivation or extension of the course after the seventh month, The CE Shop will charge the student 20% of the current retail price of the course for each 30-day extension or partial 30-day extension in the event that the course finally terminates before the end of the final 30-day extension. Students may also elect to re-enroll for 50% of the current retail price of the course, if the course has hit the year expiration or the student is at the 7 month mark and wants to repurchase and restart the course and enrollment. Extensions or reactivations cannot be granted beyond 12 months from the purchase of the course since, in all events, the course terminates 12 months after purchase.

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.

Proctored Final Exam: The state requires your final exam to be proctored. You’ll need to schedule an appointment with a proctor in advance. You can find full details of the proctoring process here. Upon passing the final course exam, you will be asked to sign an affidavit verifying your identity as the student who completed the course and the final course exam. Final exams must be passed with a minimum of 70%.

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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