Real Estate/ Continuing Education/ South Dakota/ The Fundamentals of Commercial Real Estate

The Fundamentals of Commercial Real Estate

$45

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 South Dakota

South Dakota State Requirement Details for Real Estate Continuing Education

Renewal Date: 11/30 every two years (CE due by 12/31)

Hours Required: 24 hours

12 hours – Mandatory hours
12 hours – Elective hours

The CE Shop’s Offering: 24 hours

12 hours – Mandatory hours
12 hours – Elective hours

Reporting: The state requires course completions to be reported to the state. We will report your course to the state 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.

Final Exams: Final exams must be passed with at least an 80% and may be taken as many times as necessary in order to pass.

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.

Max Hours in a 24-Hour Period: Licensees will not receive credit for more than 8 hours of continuing education in a 24-hour period. Our online course delivery system manages this requirement for you.

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.

Post-Licensing: New Broker Associates are required to complete 60 hours of post-licensing courses in their first and second renewal cycles; 30 hours in first license renewal and 30 hours in second license renewal. The CE Shop currently offers some of the post-licensing hours.

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