ARELLO (Association of Real
Estate Licensure Law Officials) Approved Provider
for Distance Education for Pre-License & Continuing Education
Instructor
Salesperson (18 of 30 Hours)
Mike MacKinder
Location:
Course Fee:
$180.00
Date:
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Time:
Message from the Instructor:
A student that takes 3 post-licensure modules (Modules 1-3) will meet the 18-classroom hour Salesperson post-licensure requirement. A student that takes all 5 post-licensure modules (Modules 1-5) will meet the 30-classroom hour broker post-licensure requirement. In such cases, however, the student shall have to take an additional 6 classroom hours of a different topic for current Continuing Education requirements. Currently a provision in law will not allow a student to obtain credit for two separate purposes from one class offering, and will not allow a student in the same year to take the same course twice for credit.
Course Description:
Module 1: Real Estate Contracts (6 Hours)
The potential of a happy satisfied Client and Customer, or a lawsuit, lingers in the shadows of every real estate closing. Be a smiling agent and broker by learning what constitutes legal contracts and how to address those elements which are more prone to create legal problems. This course additionally offers a practical review of various provisions, clauses and legal intent found within several of the forms used by Arkansas agents. The student will also have the opportunity to learn of changes which have occurred to current pre-printed forms and the rational for such changes. Likewise a discussion will involve the new forms being offered for the first time this year, their purpose and how to use them to further reduce risk. Once this course has been taken, it would be good as an updated refresher course every year for anyone wishing to reduce the risk of having to visit the Courthouse and being addressed as "the respondent".
Module 2: Agency & Disclosure (6 Hours)
Who are you representing? Are you sure? This course has become one of the higher demand courses offered on Agency. It is not a hum drum of muddled tap dancing around what could be perceived as a boring subject. It is filled with both practical as well as legal information required of those who represent others. It addresses the advantages and disadvantages of each of the approaches to agency as allowed under Arkansas law, and informs the student of any regulation changes that affects agency and how it will affect the way we do business. Learn more about why the disclosure form is best used with the party whom we "do not represent" and the seriousness of the provision that states the evidence of disclosure is placed upon the "licensee". The course further, in a practical manner, reviews in depth the actual disclosure and agency (employment) forms typically used by Arkansas agents to conduct business.
Module 3: Contracts to Closing (6 Hours)
I wrote a contract, now what do I do!? Learn how to better work with Attorney's, home inspectors, title companies, etc., in understanding their requirements and finding solutions to problems. Review various types of forms that may be utilized at closings. Furthermore, with the Arkansas Real Estate Commission making random checks of Real Estate Company Trust Accounts, this course provides an understanding of the Laws and Regulations that govern trust accounts. From the receiving and depositing requirements to the proper accounting and disbursement procedures, this course will help you be prepared for a trust account review. Learn what the investigators are looking for and how Brokers and Agents can be prepared for a positive visit with them.
Required Pre-Requisites:
The Arkansas Real Estate Commission requires that all post-licensure modules must be taken as classroom courses only.
Required Course Materials:
Registration ends 15 minutes prior to start of class, classes begin promptly. Due to the extra facility and labor costs involved, walk-ins will be charged $70 per class, if space permits. No shows can reschedule one time at an additional $10 per class if class is scheduled and taken prior to September 30th of the same year. Registration Deadline is 5 days prior to class date at the $60 price. Paying by credit card guarantees seating. Please bring your license pocket card to class with you!
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Student Name:
Current Locations:
Camp Real
Estate School 226 East First Street • Mountain Home, Arkansas
72653
Phone: (870) 424-7000 • Toll Free: 800-737-7000