Real estate license laws are enacted to protect the general public from unprofessional and dishonest agents and to evaluate the competency of persons seeking real estate licenses. After they become licensed, the Act also places high standards on those licensees and require all agents and brokers to maintain those high standards through continuing education.
Before a real estate salesperson renews their license in April of each odd numbered year, 12 hours of continuing education are required. Six of those 12 hours must be the state mandated Core courses (Core A and Core B) which emphases license laws, escrow, agency and fair housing laws. The remaining 6 hours are elective courses such as Ethics, Environmental Issues, Risk Management, etc.
Before renewing their license in April of every even numbered year, Real estate broker licensees must complete the required 12 hours, and an additional mandatory 6 hour Broker Management course, for a total of 18 hours of CE.
In order to satisfy the CE requirements, agents may take classroom instruction or enroll in state approved "self-study" or computer-based courses.
After successfully completing the CE courses, the agent will receive a uniform transcript of completion. This transcript is strictly for the agent's records. No proof of CE is required to be mailed to the state when renewing their licenses. The approved CE schools will notify the IDFPR of the compliance via the internet. When the license renewal form is received (or if the renewal is done online) the agent simply checks off the box that says "I have complied".
Continuing educations requirements are an important part of the license Act and good for the consumer and the industry.
For more information on state required CE, or to enroll in our course, call 800-375-7032, or visit YourHouseAcademy.com.
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