Real Estate/ Continuing Education/ Washington/ Advocating for Short Sale Clients

Advocating for Short Sale Clients

$39

This product includes:

LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 3 Mandatory Hours: 0 Total Hours: 3

Description

State Requirements

Tactics that work with motivated, excited sellers don't always translate well when working with short sale sellers and short sale buyers. Add lender approvals, junior lien holders, and inflexible timelines into the mix, and you end up with a whole new ball game.

In a short sale transaction, the motivation for each party is different than the standard transaction, and as the professional in the scene, you need to adjust accordingly. This course speaks to your interaction with short sale sellers, and how you can help them through a tough process while diligently advocating on their behalf. We cover how to figure out an appropriate listing price, negotiate with the lender's representative, sort through debt settlement terminology, and carry the deal through to closing. We also look at the process from a buyer's agent perspective. Additional cautions, considerations, and fraud prevention tactics are required when advocating on behalf of these deal-seeking buyers.

Package Content:

State Requirements For Washington

Washington State Requirement Details for Real Estate Continuing Education

Renewal Date: Every two years

Hours Required: 30 hours

Renewal for Brokers:

At least 30 hours, including:
3-hour Current Issues in Washington Residential Real Estate Course
3-hour Washington Real Estate Fair Housing Course
At least 27 hours other approved continuing education
At least 15 hours must be completed within 24 months of your renewal date.
You may also use up to 15 hours of unused continuing education completed within 48 months of your renewal date.

Renewal for Managing Brokers:

At least 30 hours, including:
- 3–hour Core Course
- 3-hour Fair Housing Course
- At least 24 hours other approved continuing education
At least 15 hours must be completed within 24 months of your renewal date.
You may also use up to 15 hours of unused continuing education completed within 48 months of your renewal date.
The hours must be started after the date of first licensure as a managing broker.

Provider Approval Number: S1633

The CE Shop’s Offering: 30 hours

Reporting: The state does not require schools to report course completions.

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 at least a 70% 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.