Advocating for Short Sale Clients

$29
This product includes:
LICENSE RENEWAL PERIOD: 4 YEARS Elective Hours: 3 Mandatory Hours: 0 Total Hours: 3
Description
Renewal 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 California

California State Requirement Details for Real Estate Continuing Education

Renewal Date: Every four years

Hours Required: 45 hours

For subsequent renewals, all real estate brokers and salespersons must complete 45 clock hours of DRE-approved continuing education consisting of:

  • One nine-hour CE survey course that covers the seven mandatory subjects: ethics, agency, trust fund handling, risk management, management and supervision, fair housing and implicit bias training OR licensees can choose to take individual courses in all of those mandatory subjects;
  • A minimum of 18 hours of CE courses in the category of consumer protection; and
  • The remaining clock hours to complete the 45 hours of continuing education may be related to either consumer service or consumer protection courses.

California Department of Real Estate

Street Address: 651 Bannon Street, Suite 500, Sacramento, CA 95811

Telephone: 877-373-4542

License Renewal Website

CE Requirements

License Renewal information

Contact California Dept. of Real Estate

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