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Serving the Unique Needs of the Senior Market

$39
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 3 Mandatory Hours: 0 Total Hours: 3
Description
State Requirements

Did you know that a report issued by Census.gov, An Aging Nation: The Older Population in the United States, notes that “In 2050, the population aged 65 and over is projected to be 83.7 million”? That’s almost double what that population numbered in 2012. This population group’s numbers are rising fast, and that adds up to opportunities for licensees.

The senior market needs the services of real estate professionals who understand its unique real estate needs. Working with seniors comes with some of its own challenges, concerns, and rewards. A comprehensive understanding of the particulars and practicalities of this market segment will equip licensees to serve older adult clients with the respect and honor they deserve.

In this course we’ll explore best practices in addressing the distinctive considerations in the senior marketplace. Course highlights include:

  • Senior market stats in the U.S.
  • Important financial and lifestyle considerations for older clients
  • Seniors and legal competence
  • Senior seller and property preparation for listing
  • Four significant considerations for older adult buyers
  • Potential snags and how to overcome them
  • Options in senior adult communities, both traditional and noteworthy
  • Housing programs for low-income seniors
  • The senior market as a niche

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.

Washington State Department of Licensing

Street Address: 2000 Fourth Avenue West, Olympia, WA 98502

Mailing Address(Forms with no payments): P.O. Box 9021, Olympia, WA 98507-9021

Mailing Address(Forms with payments): P.O. Box 3917, Seattle, WA 98124-3917

Telephone: 360.664.6488 

Fax: 360.586.0998

License Information

Renewal and Continuing Education Information

Exam Information

Contact Washington Department of Licensing