Short Sales and Foreclosures: What Real Estate Professionals Need to Know
Product Overview
Product Overview
Although historically low interest rates, pent up buyer demand, and tight inventory levels resulted in price appreciation in many markets, more than 5.3 million US homeowners still owe more than their homes are worth. While this number is down from 15.3 million homeowners experiencing negative equity, as measured in the second quarter of 2012, it is anticipated that with current trends in appreciation it will still take years for some homeowners to reach a positive equity position.
This course is specifically designed to show how the real estate professional can serve as a resource for sellers and buyers in the brokerage of distressed properties. Real estate professionals play an invaluable role in helping homeowners and home buyers navigate these transactions and, as a result, real estate professionals can help contribute to the real estate recovery in their markets.
Designed for real estate professionals at all experience levels, this course gives learners a framework for understanding how to direct distressed sellers to finance, tax, and legal professionals; qualify sellers for short sales; develop a short-sale package; negotiate with lenders; tap into buyer demand; safeguard your commission; limit risk, and protect buyers
Provider Overview
An affiliate of the National Association of REALTORS®, the mission of the Real Estate Buyer’s Agent Council (REBAC) is to provide training and support that helps buyer’s representatives be successful in their business—and to educate consumers about the benefits of buyer representation and the ABR® designation, in order to improve their homebuying experience.
System Requirements
Please click here to determine if you have necessary software to run the product.
Product Expiration
For majority of states, you will have access to your course for 12 months from the date of purchase. After one year, the course will expire. No extensions will be given after the course expires; if you do not complete the course during the 12-month timeframe, you will need to repurchase it at full price and start again at the beginning. Please check the map for your specific state. Please Note: Course expirations vary for the states of NC, IA, DC, and OK. Please see each state's pop-up information when you click on the map.
Continuing Education Information
- Click on your state on the map below to verify CE is offered for this course:
- The CE Shop manages the CE credit program for most of the Center for REALTOR® Development courses. If your state is listed as approved for CE Credit, the CE credit, for the number of hours indicated, is automatically included at no additional charge. After a course is completed, you will be prompted to complete the remaining steps to earn your CE Credit (complete survey and digital signature). If for some reason you do not complete those steps immediately you can get to those steps in few ways:
- you will receive an email from The CE Shop linking to those steps
- they are linked from the My Learning page under the course title box
- you can simply login at The CE Shop site to access a copy of your certificate at www.theceshop.com/login
- If you are experiencing CE issues please contact CE Shop toll free at 1.888.827.0777 or support@theceshop.com.
- The CE Shop manages the CE credit program for most of the Center for REALTOR® Development courses. If your state is listed as approved for CE Credit, the CE credit, for the number of hours indicated, is automatically included at no additional charge. After a course is completed, you will be prompted to complete the remaining steps to earn your CE Credit (complete survey and digital signature). If for some reason you do not complete those steps immediately you can get to those steps in few ways:
- If your state does not offer CE you may take the course and benefit from the knowledge and enhanced professionalism, but you will not receive CE credit.
- For additional important details related to courses with CE credit, visit the "CE CREDIT" section of our FAQ.
- Unless otherwise noted, the hours indicated fulfill elective credit requirements.
| STATE | C.E. ADMINISTRATOR | C.E. HOURS | C.E. ADMIN FEE |
| Alabama | The CE Shop Inc. | 6 | $0.00 |
| Alaska | The CE Shop Inc. | 6 | $0.00 |
| California | The CE Shop Inc. | 6 | $0.00 |
| Colorado | The CE Shop Inc. | 6 | $0.00 |
| Connecticut | The CE Shop Inc. | 6 | $0.00 |
| Delaware | The CE Shop Inc.
Note: Effective 4.7.2016, Delaware has reduced CE to 3h. Any completions on or after this date will be awarded with 3h CE. |
6 | $0.00 |
| Florida | The CE Shop Inc. | 6 | $0.00 |
| Georgia | The CE Shop Inc. | 6 | $0.00 |
| Hawaii | The CE Shop Inc. | 6 | $0.00 |
| Idaho | The CE Shop Inc. | 6 | $0.00 |
| Illinois | The CE Shop Inc. Note: Final exam is proctored. |
6 | $0.00 |
| Indiana | The CE Shop Inc. | 6 | $0.00 |
| Iowa |
The CE Shop Inc.
Note: This course must be completed within 6 months in order to qualify for CE credit in this state. |
6 | $0.00 |
| Kansas | The CE Shop Inc. |
6 | $0.00 |
| Kentucky | The CE Shop Inc. |
6 | $0.00 |
| Maine | The CE Shop Inc. | 4 | $0.00 |
| Michigan | The CE Shop Inc. | 6 | $0.00 |
| Minnesota | The CE Shop Inc. | 6 | $0.00 |
| Missouri | The CE Shop Inc. | 6 | $0.00 |
| Montana | The CE Shop Inc. | 6 | $0.00 |
| Nebraska | The CE Shop Inc. | 6 | $0.00 |
| Nevada | The CE Shop Inc. | 6 | $0.00 |
| New Jersey | The CE Shop Inc. | 6 | $0.00 |
| New York | The CE Shop Inc. |
6 | $0.00 |
| North Dakota | The CE Shop Inc. | 6 | $0.00 |
| Ohio |
For CE approved courses in Ohio, go to www.learninglibrary.com/ohio |
||
| Oklahoma |
The CE Shop Inc.
Note: This course must be completed within 6 months in order to qualify for CE credit in this state. |
6 | $0.00 |
| Oregon | The CE Shop Inc. | 6 | $0.00 |
| Pennsylvania | The CE Shop Inc. | 6 | $0.00 |
| Rhode Island | The CE Shop Inc. | 6 | $0.00 |
| South Carolina | The CE Shop Inc. | 6 | $0.00 |
| South Dakota | The CE Shop Inc. | 6 | $0.00 |
| Tennessee | The CE Shop Inc. | 6 | $0.00 |
| Texas | The CE Shop Inc. | 6 | $0.00 |
| Utah | The CE Shop Inc. |
6 | $0.00 |
| Vermont | The CE Shop Inc. | 4 | $0.00 |
| Virginia | The CE Shop Inc. | 6 | $0.00 |
| Washington | The CE Shop Inc. | 6 | $0.00 |
| Washington, DC | The CE Shop Inc. | 6 | $0.00 |
| Wyoming | The CE Shop Inc. | 6 | $0.00 |
