Please Note:
Online mapping services and GPS systems may not be updated with our new address.
Why should I take my Mandatory Update this Fall?
As most of you know, the standard Offer to Purchase and Contract form designed for use in residential sales transactions has been REVISED. The anticipated effective date is January 1, 2011. Take your Real Estate Mandatory Update EARLY to learn about the significant changes and the use of the "due diligence period" concept that has been in commercial sales contracts; GONE are Alternatives One and Two.
The HUD-1 and Good Faith Estimate have also been revised effective January 1, 2010. You will gain a better understanding for the underlying reason for these changes and what a broker's responsibilities are as to the proper completion of both forms.
The six sections of the Mandatory Update include: (1) Revised Offer to Purchase & Contract, (2) Contract Practical Exercise, (3) The New Good Faith Estimate and HUD-1 Forms, (4) Licensing and Education Review, (5) North Carolina Real Estate Agent Safety, and (6) Commission Rule Changes.
We are also offering several Hot Topic Electives including: (1) Understanding the New HUD-1 & GFE, (2) Foreclosures, Short Sales, REO's & Auctions, (3) Sustainable Housing & Building Green, (4) Ethics: Principles & Practices, and (5) Handling Offers Properly Today.
We also have our Brokers-in-Charge covered with the Broker-In-Charge Annual Review class offered throughout the state in the fall.
2010-2011 Broker in Charge Annual Review Course is a 4 hour course which must be completed prior to June 10, 2011 by ALL brokers-in-charge who were designated as a broker-in-charge prior to July 1, 2010 and who wish to remain a broker-in-charge as of July 1, 2011 for the 2011-2012 license period. This course will count as an elective CE credit and the BIC will not have to complete an "elective" course. HOWEVER all BIC's still must complete the annual mandatory Real Estate Update Course which all licensees must take each year as part of their 8 hrs of CE to be on active status.
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Asheboro - The Exchange, 204 S Fayetteville St., Asheboro, NC 27203
This course satisfies the NAR requirement of one ethics course once every four years! Course includes case studies based on real-life agency situations as well as scenarios. Also, in depth discussion of the NAR Code of Ethics, typical issues today's real estate professionals are apt to encounter, and guidelines to apply when debating whether a decision is ethical.
Maximize your time by satisfying the REALTOR® requirement of 2.5 hours and also receive NCREC credit for 4 hours of elective credit.
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Charlotte - Country Inn & Suites, 131 East McCullough Drive, Charlotte, NC 28262
Short Sales & Foreclosures:
Helping sellers underwater
With the number of homes going into foreclosure and short sales today reaching unprecedented highs, it is increasingly important for licensees to stay current on these topics so as to remain competitive and successful in the market. This brand-new continuing education course discusses four hot topics in today’s market: Foreclosures, Short Sales, REOs, and Auctions.
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Charlotte - Myers Park Baptist Church - Cornwell Center, 1931 Selwyn Avenue, Charlotte, NC 28207
New laws on "electronic transmission of contracts", the "E-Sign Act", and UETA will be discussed, as well as the basic rules on handling various types of paperwork and situations: offers, counteroffers, multiple offers, contingent sale offers on sale of property, and backup offers! Real life scenarios will be discussed and analyzed throughout the course.
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Charlotte - Superior School of Real Estate, Ballantyne Village, 14815 Ballantyne Village Way, Suite 270, Charlotte, NC 28277
A smooth and successful closing does not start on the day of settlement; it starts the day you begin working with buyers and sellers. This course discusses the steps a listing agent and buyer's agent should take from the first meeting through closing. Topics discussed include walk-through procedures, lending issues, handling of monies and proper closing techniques. As a result of this course, agents will be able to describe the steps necessary for a ''smooth closing'', apply these steps in each transaction and explain the proper course of action to their clients/customers.
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Huntersville - Country Inn & Suites, 16617 Statesville Road, Huntersville, NC 28078
Sustainable Housing and Building Green: What Agents Should Know
Sustainable Housing and Building Green
The movement focused on environmentally sustainable building structures has now moved into the residential market. This course covers the basics of sustainable housing, or "building green", and helps familiarize licensees with this emerging market.
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Charlotte - Superior School of Real Estate, Ballantyne Village, 14815 Ballantyne Village Way, Suite 270, Charlotte, NC 28277
Bill Gallagher interviews Jennifer Torres regarding the new HUD-1 & Good Faith Estimate
Know what the changes to HUD and the Federal Good Faith Estimate mean for you and your clients. This timely course clarifies the most pressing and complex issues, including the new HUD (how to read it, understand it and discuss it with your clients); navigating the new "bait and switch" of the Federal GFE; the appropriate wait periods for loan applications and how these wait periods affect the real estate contract to close date; the ramifications of the new attorney selection process; the fees that affect APR; and the significant ways that the new GFE will impact HUD.
