OCTOBER 25th, 9 AM – 5 PM; Livestream (Zoom)

Real estate licensees are greeted with many challenges but the one that is not addressed often is the inventory of home styles and options that are present in the marketplace. Clients and customers expect that agents to impart knowledge regarding the inventory of homes in the marketplace. 

After being exposed to housing styles and choices, agents will be able to accelerate their understanding of the choices in the marketplace, trends, and opportunities available to their customers and clients.

All Pennsylvania real estate licensees – salespersons, associate brokers, and brokers – must renew their licenses every two years. The current renewal period will end on May 31, 2024. In order to renew their licenses, real estate licensees (including brokers and associate brokers) must complete 14 hours of education during the renewal period. This MUST include at least 3 hours of training on the Required Topic: Broker Supervisory Duties, Policies & Risk Management, the remaining elective hours can be any topics approved by the Pennsylvania Real Estate Commission, with the following exceptions:

• Recent Licensees: Agents who are taking PA real estate continuing education for the first time must complete 14 hours of mandatory CE, with the General Module (7 hours) being a requisite. Students can choose their additional 7 hours from either the Residential Module or the Commercial Module, culminating in a total of 14 CE hours. It’s important to note this is the educational requirement for renewal the first time completing.
• New or reactivated Pennsylvania Licensees: Licensees who receive their first license within the last six months of the 2022-2024 renewal period (December 1, 2023 – May 31, 2024) are not required to complete continuing education. However, to renew their license, they must submit the renewal application and pay the relevant fees to the Real Estate Commission.

The post New! Featured Continuing Education Course: Navigating Housing Styles and Choices appeared first on Polley Associates School of Real Estate.

It’s not just the broker’s responsibility to be aware of these duties. All licensees must understand the supervision they can expect and deserve. This course will review the broker’s responsibilities and highlight key aspects of licensing law, rules, and regulations.

It is the broker’s duty to provide adequate and reasonable supervision to licensees. Brokers are required to supervise the people who work for them in all states. This specific requirement makes the broker responsible for the actions of the salespeople who work for them, including violations of state licensing laws, fair housing laws, and illegal or fraudulent activities.

This course is designed to help real estate licensees understand the legal requirements under Pennsylvania law concerning broker supervision, advertising, and property management. You will learn about supervisory duties, advertising regulations, property management requirements, and violations of real estate license laws. You will also gain a deeper understanding of the Commonwealth’s Landlord and Tenant Act and study cases heard by the Real Estate Commission.

All Pennsylvania real estate licensees – salespersons, associate brokers, and brokers – must renew their licenses every two years. The current renewal period will end on May 31, 2024. In order to renew their licenses, real estate licensees (including brokers and associate brokers) must complete 14 hours of education during the renewal period. This MUST include at least 3 hours of training on the Required Topic: Broker Supervisory Duties, Policies & Risk Management, the remaining elective hours can be any topics approved by the Pennsylvania Real Estate Commission, with the following exceptions:

• Recent Licensees: Agents who are taking PA real estate continuing education for the first time must complete 14 hours of mandatory CE, with the General Module (7 hours) being a requisite. Students can choose their additional 7 hours from either the Residential Module or the Commercial Module, culminating in a total of 14 CE hours. It’s important to note this is the educational requirement for renewal the first time completing.
  
• New or reactivated Pennsylvania Licensees: Licensees who receive their first license within the last six months of the 2022-2024 renewal period (December 1, 2023 – May 31, 2024) are not required to complete continuing education. However, to renew their license, they must submit the renewal application and pay the relevant fees to the Real Estate Commission.

Finished CE? You’ll need to renew your license. The Pennsylvania State Real Estate Commission e-mails renewal notices two to three months before the license expiration date. Notices are sent via e-mail to e-mail addresses registered on the PALS website. 

Need to change your e-mail address? Do it here.

Is Your PA License in Escrow? Your license may be “in escrow,” or temporarily inactive if you decided against renewing it or missed the previous renewal deadline. You can’t legally work in real estate sales unless your license is active. We recommend you partner with your broker to fill out the application together to make sure everything is filled out properly. You may need CE to reactivate. Contact us for help with what courses to take for re-activation.

The post 2024 PA REQUIRED CE COURSE: <br><strong>Broker Supervisory Duties, Policies & Risk Management (3.5 Hours)</strong> appeared first on Polley Associates School of Real Estate.

“Basic Appraisal Principles” is a Pennsylvania State Real Estate Commission–developed course useful in obtaining a Pennsylvania real estate broker license.

Approved for residential and general appraisal certification. This introductory appraisal course provides:

• Real property concepts and characteristics
• Legal consideration
• Value influences
• Real estate finance
• Types of value
• Economic principles
• Real estate markets
• Analysis
• Ethics in appraisal practice.

Course Information

A thorough discussion of appraisal principles, accompanied by practical examples, provides a solid foundation in appraisal basics. This is a four-day, 30-hour commission-developed course. This course also is approved by the Pennsylvania State Real Estate Commission for 2 credits toward PA broker license requirements. It fulfills ALL 14 hours of mandatory continuing education (MCE) required by the Commission for salesperson’s or broker’s license renewal or reactivation.

• This is a four-day, 30-hour course.
• It is categorized as Pennsylvania State Real Estate Commission-developed for use in PA Broker Licensing. See the Polley Associates free Pennsylvania Broker Guide for more information.
• It is worth two credits toward earning a Pennsylvania real estate broker license.
• Depending on Commission requirements issued during any renewal cycle, it has the potential to fulfill up to 14 hours of mandatory continuing education for salesperson’s or broker’s license renewal.

Student Material: This course may be accompanied by in-class materials distributed by Polley Associates.

The post Polley Associates Course: Basic Appraisal Principles appeared first on Polley Associates School of Real Estate.

Real estate investors, in particular – whether they’re licensed or not – are big users of these readily available and often free online tools. A complete financial analysis is often the only way to separate the best real estate deal from a herd of what seems to be similar offerings. A calculator worth its salt can help sellers and buyers alike avoid long-term financial problems.

Here’s a list of Polley Associates‘  favorites, current as of March 4, 2019, and assembled for your convenience:

• Mortgage amortization calculator at HSH Associates.
• Mortgage calculator at BankRate.com.
• Home affordability estimator at HSH Associates.
• How much house can I afford?, at BankRate.com
• Private mortgage insurance cost calculator at HSH Associates.
• Mortgage refinancing calculator at HSH Associates.
• Mortgage annual percentage rate (APR) calculator at LocalLender.info
• Mortgage early payoff and extra payment calculator at LocalLender.info
• Mortgage loan tax deduction calculator at LocalLender.info
• Home equity loan calculator at LocalLender.info
• Credit grade calculator at HSH Associates.

If there are online calculators you particularly like, and they’re not listed here, let us know where to find them! Just drop a note into the comments section here on the blog, or send us an e-mail to polley@polleyassociates.com. We’d love to look at and add them to the list!

Photo from Google Images

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Photo by Gamze Bozkaya via Unsplash

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Polley Associates distributed e-mails and fliers promoting the earlier dates. Recipients who clicked links embedded in those e-mails were re-directed to this page to ensure they learned of the change.

All those who enrolled in the earlier courses will be notified of the new dates as they become available.

The post Lawrence County Board CE Postponed To March appeared first on Polley Associates School of Real Estate.

This is the Pennsylvania State Real Estate Commission required content for renewing a license for the 2016-2018 renewal period ending May 31, 2018.

The Ethical Agent: Understanding Agency, Fair Housing, and Ethics

“The Ethical Agent” is a continuing education course that provides a thorough review of ethics in real estate to give the licensee a more complete understanding of professional business practices. The course presents a refresher on agency relationships and disclosure obligations, as well as fair housing and discrimination. It also examines various laws, thus giving context and perspective on ethical behavior. The course presents a thorough look at the Code of Ethics and Standards of Practice of the National Association of Realtors and its dispute resolution process. Finally, it provides insight into applying ethical behavior to all manners of business activity and communication, including social media.

The course includes these components:

Agency and Disclosure Refresher

• The Agent As Fiduciary
• Levels of Agency Authority
• Creation of Agency
• Agency Relationships
• Agency Disclosure
• Disclosure Obligations
• Penalties For Breach Of Duty

Fair Housing

• Federal Fair Housing
• Fair Housing Violations
• Enforcement Of Federal Fair Housing Laws
• Other federal Anti-Discrimination Laws
• Fair Housing Advertising Practices
• The Responsibility of Licensees
• Discrimination in Municipal Actions

The National Association of Realtors Code Of Ethics

• Overview Of The Code Of Ethics
• Duties To Clients And Customers: Protect And Promote
• Duties To Clients And Customers: Pertinent Facts
• Duties To Clients And Customers: Cooperation
• Duties To Clients And Customers: Interests And Compensation
• Duties To Clients And Customers: Accountability
• Duties To The Public: Equal Provision Of Services
• Duties To The Public: Performance And Competency
• Duties To The Public: Communications
• Duties To The Public: Legal Counsel And Enforcement
• Duties To Realtors: False And Misleading
• Duties To Realtors: Exclusive Agreements
• Duties To Realtors: Disputes
• Enforcement Of The Code Of Ethics
• Arbitration Worksheet

Applying The Code Of Ethics To Social Media

• Social Media Overview
• Intellectual Property
• Communicating Via Social Media
• Your Responsibility
• Advertising Vs. Social Media
• NAR Pathways To Professionalism

This course and a supplement required for Pennsylvania licensees, titled “PA Rules and Regulations,” will be offered over two consecutive days, from 9 a.m. to 5:30 p.m. daily. They cannot be divided.

Course State Approvals: Continuing education for Pennsylvania and New Jersey real estate license renewal.

These two components create a two-day, 15-hour, live classroom event. No post-course exam is given. It is approved by, and meets 14 hours of continuing education requirements set by, the Pennsylvania State Real Estate Commission for a real estate salesperson’s or broker’s biennial license renewal during the 2016-2018 cycle that ends at midnight on May 31, 2018.

It also meets 12 hours of core and ethics to fulfil all 12 hours of continuing education required for New Jersey licensees’ renewal during the 2017-2019 cycle.

Price: $159

Student Material: This course may be accompanied by in-class materials distributed by Polley Associates.

Related:

• PA Continuing Education: What’s That Course About?
• PA Continuing Education: Live Course Attendance
• PA Continuing Education: License Renewal And Reactivation
• PA Continuing Education: License Renewal Online
• PA Continuing Education: First-Timer Requirements
• PA Continuing Education: Re-Activate A License In Escrow

Find Courses For:

• Pennsylvania Real Estate Salespersons and Brokers CE
• Pennsylvania Real Estate Salespersons’ First-Timer CE
• CE For Pennsylvania Commercial Real Estate Practice

The post Polley Courses: ‘PA Rules and Regulations, and The Ethical Agent’ appeared first on Polley Associates School of Real Estate.

This is the Pennsylvania State Real Estate Commission required content for renewing a license for the 2016-2018 renewal period ending May 31, 2018.

Ethics, Your Promise of Professionalism

This continuing education course addresses the specifics of the National Association of REALTORS® Code of Ethics and ethical practices and decision making for real estate professionals. Additionally, this course may potentially be approvable for REALTORS® who wish to fulfill biennial Code of Ethics requirement from the National Association of REALTORS. Check with your local REALTORS® association.

Course State Approval: Continuing education for Pennsylvania real estate broker and salesperson license renewal.

These two components create a one-day, 7-hour, live classroom course. No post-course exam is given. It is approved by, and meets 7 hours of continuing education requirements set by, the Pennsylvania State Real Estate Commission. It can be combined with other courses to fulfill all 14 hours of continuing education required by the Commission for a real estate salesperson’s or broker’s biennial license renewal during the 2016-2018 cycle that ends at midnight on May 31, 2018.

Price: $68 (limited time only)

Student Material: This course may be accompanied by in-class materials distributed by Polley Associates.

Related:

• PA Continuing Education: What’s That Course About?
• PA Continuing Education: Live Course Attendance
• PA Continuing Education: License Renewal And Reactivation
• PA Continuing Education: License Renewal Online
• PA Continuing Education: First-Timer Requirements
• PA Continuing Education: Re-Activate A License In Escrow

Find Courses For:

• Pennsylvania Real Estate Salespersons and Brokers CE
• Pennsylvania Real Estate Salespersons’ First-Timer CE
• CE For Pennsylvania Commercial Real Estate Practice

The post Polley Courses: ‘PA Rules and Regulations, and Ethics’ appeared first on Polley Associates School of Real Estate.

This is the Pennsylvania State Real Estate Commission required content for renewing a license for the 2016-2018 renewal period ending May 31, 2018.

Standard Forms Update

The Agreement of Sale forms revised by the Pennsylvania Association of REALTORS (PAR) are just the tip of the forms iceberg.

Go beyond the standard agreement. You’ll find not only a host of forms covering every conceivable contractual need in the profession, but recent changes to frequently used forms as well. Moreover, there are common mistakes in using some forms that have occurred with almost every agent during his or her relationship with a client.

Participants will learn tips, tricks and shortcuts in form usage; how and why to choose one form over another; and how using the right form can likely save an agent’s commission, yield a happier client, and generate repeat business.

Course State Approval: Continuing education for Pennsylvania real estate broker and salesperson license renewal.

These two components create a one-day, 7-hour, live classroom course. No post-course exam is given. It is approved by, and meets 7 hours of continuing education requirements set by, the Pennsylvania State Real Estate Commission. It can be combined with other courses to fulfill all 14 hours of continuing education required by the Commission for a real estate salesperson’s or broker’s biennial license renewal during the 2016-2018 cycle that ends at midnight on May 31, 2018.

Price: $68 (limited time only)

Student Material: This course may be accompanied by in-class materials distributed by Polley Associates.

Related:

• PA Continuing Education: What’s That Course About?
• PA Continuing Education: Live Course Attendance
• PA Continuing Education: License Renewal And Reactivation
• PA Continuing Education: License Renewal Online
• PA Continuing Education: First-Timer Requirements
• PA Continuing Education: Re-Activate A License In Escrow

Find Courses For:

• Pennsylvania Real Estate Salespersons and Brokers CE
• Pennsylvania Real Estate Salespersons’ First-Timer CE
• CE For Pennsylvania Commercial Real Estate Practice

The post Polley Courses: ‘PA Rules and Regulations, and Forms Update’ appeared first on Polley Associates School of Real Estate.

For some real estate professionals, short sales and foreclosures are the new “traditional” real estate transaction. Knowing how to help sellers maneuver the complexities of short sales as well as help buyers pursue short sale and foreclosure opportunities are not merely good, but critical, skills to have in today’s market. While short sales and foreclosures are not for the faint of heart, agents with the proper tools and training can use these specialty areas to build their business for the long term.

As agents can attest, the ability to close short sales and foreclosures depends in part on personal confidence in seeing these transactions through.

Designed for real estate professionals at all experience levels, the Short Sales and Foreclosure Resource (SFR®) continuing education and certification course (if desired; see “Certification Approval” below) offers information 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.

Certification Approval: Short Sales And Foreclosure Resource

This course is approved by the Real Estate Buyer Agents Council® (REBAC®) division of the National Association of REALTORS® as a qualifying core course for its Short Sales and Foreclosure Resource (SFR®) certification. If used for certification purposes, students must pay an additional fee, and also must pass an accompanying exam.

Course State Approval: Continuing education for Pennsylvania real estate broker and salesperson license renewal.

This course is a one-day, 7-hour, live classroom course. No post-course exam is given for continuing education purposes. It is approved by, and meets 7 hours of continuing education requirements set by, the Pennsylvania State Real Estate Commission. It can be combined with other courses to fulfill all 14 hours of continuing education required by the Commission for a real estate salesperson’s or broker’s biennial license renewal during the 2016-2018 cycle that ends at midnight on May 31, 2018.

Price: $109

Student Material: This course may be accompanied by in-class materials distributed by Polley Associates.

Related:

• PA Continuing Education: What’s That Course About?
• PA Continuing Education: Live Course Attendance
• PA Continuing Education: License Renewal And Reactivation
• PA Continuing Education: License Renewal Online
• PA Continuing Education: First-Timer Requirements
• PA Continuing Education: Re-Activate A License In Escrow

Find Courses For:

• Pennsylvania Real Estate Salespersons and Brokers CE
• Pennsylvania Real Estate Salespersons’ First-Timer CE
• CE For Pennsylvania Commercial Real Estate Practice

The post Polley Courses: ‘Short Sales And Foreclosure Resources’ appeared first on Polley Associates School of Real Estate.