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The Fundamentals of Commercial Real Estate

$39
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 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