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

$45
This product includes:
LICENSE RENEWAL PERIOD: 1 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 West Virginia

West Virginia State Requirement Details for Real Estate Broker Continuing Education

Renewal Date: 6/30 each year

Hours Required: 7 hours

  • 4 hours - elective hours
  • 3 hours - broker-specific CE

The CE Shop’s Offering: 7 hours

  • 4 hours - elective hours
  • 3 hours - broker-specific CE (brokers/associate brokers only)

*Effective 6/9/2023 Brokers and Associate Brokers must complete at least 3 hours of broker-specific education as part of their 7 hours of CE required for renewal. The CE Shop offers a 3hr broker-specific course which meets this requirement. 

The CE Shop is an approved provider in West Virginia.

Provider Approval Number: 50-21362

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 75% and may be taken as many times as necessary in order to pass.

Repeating Courses: Licensees cannot take the same course for two consecutive years.

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

West Virginia Real Estate Commission

Street Address: 2006 Quarrier Street, Charleston, WV 25305

Telephone: 304.558.3555

Fax: 304.558.6442

License Renewal Website

License Lookup Website

Contact WV Real Estate Commission