Real Estate/ Continuing Education/ Tennessee/ Wholesaling Uncovered: Risks, Laws, and Real Estate Realities

Wholesaling Uncovered: Risks, Laws, and Real Estate Realities

$49

This product includes:

LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 4 Mandatory Hours: 0 Total Hours: 4

Description

State Requirements

Real estate wholesaling is not a new concept, but its practice, regulation, and public perception 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 four-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:

Differences between wholesaling and traditional real estate transactions
Pros and cons of wholesaling
State laws and licensing implications for wholesaling
Identifying red flags with wholesaling
Ethical pitfalls in wholesaling
Recognizing predatory patterns
When wholesaling becomes illegal
Collateral damage, legal fallout, and civil penalties
Wholesaling's impact on housing markets and housing inequity
Wholesaling and technology
Interactive activities, case studies, and scenarios to frame the content in everyday context

Package Content:

State Requirements For Tennessee

Renewal Date: Every two years from the date of issuance

Hours Required: 16 hours

The CE Shop’s Offering: 16 hours

The CE Shop is an approved provider in Tennessee. Provider Approval Number: 1456

Reporting: The state requires schools to report course completions within 10 days from the course completion date. Course completions will be reported within this time frame.

Expiration Date of Course: Course expiration dates vary by course but are generally one year after order date. Each individual course will have an expiration date listed in your account.

Certificates: Immediately upon real estate course completion, 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 renewal application to determine if you need to submit your certificate(s) of completion with your renewal. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

Final Exams: Passing a final exam is not required to receive continuing education credit in Tennessee, therefore our system is set up so that final exams can be passed with a 0% passing score.

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.

Repeating Courses: The Tennessee Real Estate Commission only allows a licensee to complete one core course per licensing renewal cycle. If you complete more than one core course in the same renewal cycle, the system will not recognize the second core course and you will not receive any credit for the second core course.

Post-Licensing: Brokers are required to complete 120 hours of post-licensing during the first three years of licensure. These 120 hours can consist of any approved Continuing Education (CE) courses including the ones listed in our Tennessee catalog. Every course in our catalog, once complete, can be applied toward this requirement.

Special Licenses: There is a special license issued in TN - Designated Agent for Vacation Lodging. This licensee must take CE, but The CE Shop cannot report the course on their behalf. Each licensee must send their certificate(s) directly to the state.

Still have questions? Visit our Frequently Asked Questions or Contact Us.