Pkg # 305 Income Property Brokerage

Welcome to Income Property Brokerage course content page

• You are viewing this page for the course content for our 45hr package #305
• This course covers evaluations and broker income properties for your investor clients, with the seven DRE mandated BO-AFTER™ courses as described below
• Your order may be placed by clicking an order button after you have scrolled through the course descriptions

To start, click the method of study you want for your CE courses

25 hours of Consumer Protection

• • Learn how a commercial agent evaluates and arranges transactions on various income-producing properties for owner and investor clients
• • Income Property Brokerage has a vast scope in practice and offers compelling advice on:
    • the economics underpinning investor behavior;
    • the pros and cons of various types of income property;
    • use of a capitalization (cap) rate to calculate the annual rate of return produced by the operations of an income property as a percentage of invested capital;
    • estimating the annual income tax liability resulting from the operations of an income-producing property; and
    • forming a group investment structured as a limited liability company (LLC) for the acquisition and ownership of an income-producing property
  
  

  20 hours of Implicit Bias, Office Management & Supervision, Agency, Fair Housing, Trust Funds, Ethics and Risk Management (BO-AFTER)

  Implicit Bias, Office Management & Supervision, Agency, Fair Housing, Trust Funds, Ethics and Risk Management

  Realty Publications, Inc.
  Legal Edit 2022

  Read then enroll

   

  Implicit Bias

  • Federal and state fair housing law in the context of explicit and implicit bias
  • The wealth and homeownership gap between white, Black and Latinx households, and how it is perpetuated by discriminatory lending and real estate practices

  Office Management & Supervision

  • A critical analysis of how real estate brokers are to establish policies, rules and procedures for managing their offices and limit their exposure to risk
  • Also covered is the tracking of agent activities, records, funds and reports, as well as the appointment and supervision of an office manager, and implementing a successful marketing strategy

  Agency

  • Agency and representation are synonymous in real estate transactions
  • Learn how a broker, by accepting employment from a client, undertakes the task of aggressively using due diligence to represent the client - to meet the client's purpose for retaining the broker

  Fair Housing

  • Fair Housing focuses on the federal and state housing laws which relate to the sale and rental of property, such as prohibitions against redlining, discriminatory advertising, refusing to show properties and blockbusting
  • Includes Access for All: A Fair Housing Game™ blending video, animation, text, and voice in an engaging interactive experience that puts you directly into the shoes of transaction participants

  Trust Funds

  • Trust Funds covers the management and accounting of trust funds belonging to others which a broker handles in the course of their business

  Ethics

  • A review of the procedures for maintaining professional standards in all real estate transactions to ensure truthful and reputable conduct by real estate licensees
  • Topics include how to disclose a conflict of interest, the proper handling of a counteroffer form, property disclosures, the accurate representation of mortgage terms and prohibited practices, such as use of kickbacks, price fixing and restricted MLS access
  • Our Ethics course meets and exceeds the CAR/NAR Code of Ethics requirement because it is approved by the California DRE

  Risk Management

  • Recognize, handle and effectively resolve the risk of liability inherent in the practice of real estate related activities
  • The correct use of forms to make disclosures and present analyses is crucial to avoid the errors and omissions which place liability on the broker and their agents

  Order now $84.50

Select one of our 45hr CE Package

Select your reading method

Quick facts

• After enrolling, you may upgrade to video or modify your enrollment any time prior to testing - only pay the difference
• You have one full year to complete the course
• 100% money back guarantee prior to testing

Testing Procedures

Login to your course at firsttuesday.us/login

Your course videos, e-books, quizzes and exams are located on your student homepage

Before reviewing any course material online, the DRE requires you to acknowledge, under penalty of perjury, that you are the person enrolled in the course and you will be the only person to complete the course

STEP 1: Watch, read and meet your minimum study time

You may complete your course in as little as 6 days or take up to one year. When enrolling in the 45-hour online-timed course, you must log 45 hours of reading time and may complete the course in 3 days

STEP 2: Take the quizzes

Take quizzes online. Quizzes are mandatory but not timed. Quizzes have no minimum passing score and your retakes are unlimited. Feedback on your quiz answers and performance appear when you complete each set of quizzes

STEP 3: Take the final exams

You need to pass exams with a score of 70% or better to receive 45 hours of continuing education credit. Exams are available online by clicking on the "Take Exam" link. The exam(s) for each section become available after you take the quizzes and have met the minimum study time. You must complete the sections in numerical order

You can only test for one section within a 24-hour period. The maximum time permitted to complete an exam equals one minute per question. Exams are multiple choice and open book. Your exam grade appears on completion of each online exam

When you fail an online exam, a backup exam is immediately available. When you also fail the backup exam, the course automatically resets requiring you to again study the course materials and retake the quizzes. On completion of the quizzes and running of the study time, the exam for the course is again available

Minimum study time varies for sections which reset due to a failure:

• 3 hours for each two- and three-hour course exam
• two days when you fail either Consumer Protection exam
• four days when you fail both Consumer Protection exams

NOTE: Exam scores for the 25 Hr Consumer Protection component for package 104, 305, 405, 505, 603, 802, 901 and 1001 are combined and averaged. When your averaged exam score is not 70% or better, both Consumer Protection components reset

For students enrolled in package 203 or 702, your Consumer Protection exams are graded separately, not averaged

STEP 4: Receive your Certificate of Completion, renew your DRE license

On passing your CE course exams, you qualify to apply to renew your license. You may renew online, or by mail. The Certificate of Completion, available through the "Certificate & Renewal" section of your online student account, contains information you need for renewal. This section also has step-by-step video instructions for renewing online, and written instructions for renewing by mail

Instructions and DRE forms are all available from your Student Homepage. You alone report your course completion to DRE using DRE application forms and information on the Certificate of Completion

45-Hr Course Preview

Student testimonials

This was painless. It was helpful. The course work was right on target. This is pure perfection.

Greg D.
DRE Broker
on Package #901