Real Estate/ Post-Licensing/ South Dakota/ Wholesaling in Today's Market

Wholesaling in Today's Market

$39

This product includes:

LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 0 Mandatory Hours: 3 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 South Dakota

South Dakota State Requirement Details for Real Estate Post-Licensing Education

Hours Required by the State: 60 hours

For the first two licensing periods after initial licensure, new Broker Associates need to complete a total of 60 hours of post-licensing education; 30 hours in each of the first two licensing periods.

The CE Shop’s Offering: 60 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 Exam: Final exams must be passed with a minimum of 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.

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