Tuesday July 8th - Do Agents Gets Recertified?
Question: In addition to the initial class work and tests, do agents have to take re-certification classes?
Answer: Yes. Real estate licenses are typically granted for a given period, say two or three years. Before the license can be renewed the salesperson or broker must take additional classes. Typically classes include such topics as legislative updates, predatory lending, illegal flipping, foreclosures, the state code of ethics and equal housing.
The number of hours required varies by state, but it can also depend on how many years the individual has been licensed and whether he or she is a salesperson or a broker. For specifics, check with your real estate regulator -- a list of state regulators can be found at ARELLO.com.
Published: July 8, 2008
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