CONTINUING EDUCATION REQUIREMENTS

At the May 3, 2022 meeting of the Real Estate Commission, pursuant to 49 PA Code §35.384(b), the Commission voted to impose a continuing education requirement for the 2022-2024 renewal period. The requirement is that a minimum of 3 (three) hours of the required 14 hours of continuing education must be taken in a topic that covers the responsibilities of the broker and the responsibilities of their licensees in regard to property management, advertising, and general supervision which would include, but not be limited to, commissions and fees.

New licensees who are renewing for the first time are exempt from this one-time requirement, and are still required to complete the mandatory courses for new licensees pursuant to 49 PA Code §35.384(b).

FIRST TIME RENEWAL REQUIREMENTS: New licensees must complete the Commission developed 14-hour required courses. This group of people must take two 7- hour courses (total of 14 hours) before May 31, 2022 in order to renew their licenses. These required courses are (1) a "General" Module and (2) either a "Residential" Module OR a "Commercial" Module. No other continuing education or Broker courses will satisfy this requirement for new licensees.For first time renewal courses click HERE.

NAR REQUIREMENTS: Members of the National Association of REALTORS® are required to complete periodic ethics training of not less than 2 hours and 30 minutes of instructional time once every three years. The next cycle will be from 1/1/22 to 12/31/24. Lehigh Valley Real Estate Institute will offer a course to satisfy this requirement in conjunction with the PA 2024 CE Requirements.

PROOF OF CONTINUING EDUCATION

The LVREI will furnish the student with a paper transcript for the student to keep in the event of an audit by the Commission. There will be a $10 charge for all lost transcripts.

Marketing Advertising & Social Media Compliance

The internet is full of promotional opportunities. Whether it’s a post on Facebook or a tweet linking to your new listing, a status update on LinkedIn, a virtual home tour on YouTube, or photo collage on Pinterest, you can easily promote your professionalism, highlight your expertise, increase your connections, and showcase your listings. Or you can fall flat on your face. This course shows how to use the unique advertising and marketing opportunities available online to better serve your clients and customers, and further promote your own brand. Course highlights include:How consumers—and agents and agencies—are using social media and how this is impacting the real estate industry. How to use various social media platforms—including Twitter, Facebook, LinkedIn, YouTube, and Pinterest—to promote your business and better serve your clients and customers. How various social media platforms differ and how to select the ones that are best for you and your needs. Tips for creating an online marketing strategy. Legal and ethical issues surrounding online marketing. Copyright law, trademarks, and public domain content. Tips for avoiding common social media missteps. Course #RECE006607, 3.5 hours elective CE. The CE Shop

Price = $45

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Investment Strategies in Commercial Real Estate

Whether they own a single asset or a portfolio of diverse properties, the goals of commercial real estate investors are clear: generate cash flow and produce higher returns. However, unlike other types of investments, investing in commercial property is not just a matter of buying something for one price and selling it for more. Commercial real estate must beconsidered in terms of the risks and rewards of the type of commercial property, income during the investment period, the investor’s own situation, and how these are impacted by the economic, market, tax, and legal conditions (particularly zoning) for the market niche. Upon completion of this course, you will be able to: • Describe the six main categories of commercial properties, and their challenges and opportunities for investors • Describe the purpose of zoning and its impact on commercial property investment • Describe the process of financial analysis for commercial properties Course #RECE006605, 3.5 hours elective CE. The CE Shop

Price = $45

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Preparing A Market Analysis - Best Practices

Whether for a buyer or seller, the comparative market analysis, properly done, can mean several thousands extra dollars in their pockets, and can determine whether a deal can be struck at all. But because it’s such a well-worn tool, it’s tempting for a licensee to get complacent with the CMA, and “phone it in.” Don’t be that licensee! This course covers the how-tos of a professionally researched comparative market analysis. Course Highlights: The three-step approach to market analyses: the market, the property, the numbers Sources for subject property data and market data Using expired and active listings to inform pricing strategy How to prioritize criteria when selecting comparables How to adjust and homogenize selected comparables How to weight selected comparables when selecting a list price range Course #RECE006621, 3.5 hours elective CE. The CE Shop

Price = $45

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PA Brokerage Topics & Case Studies - PA Mandatory

In today's world real estate agents wear many hats! When it comes to your responsibilities as seen by the Real Estate Commission, what are YOUR true responsibilities and what are the true responsibilities of your BROKER? During this renewal period the Real Estate Commission is focusing on the responsibilities of licensees in regard to property management, advertising, and general supervision including commissions and fees! In this course you will identify federal and state requirements & prohibited practices relating to advertising; describe the types of real estate licenses in PA along with duties and responsibilities; discuss state, federal and local laws designed to prevent hosuing discrimination; identify property management requirements and key provisions of the PA Landlord and Tenant Act of 1951. You will aso be involved in real life case studies that will help you identify violations of the real estate llicense law and the disciplinary actions taken by the Commission.Course# RECE006599, 3.5 hours PA Mandatory

Price = $45

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The Code of Ethics in Action: Real-Life Applications

Get double the bang for your buck! Satisfy 3.5 PA elective hours AND NAR Code of Ethics requirement! While conducting real estate business, have you encountered a situation in which you weren’t sure what the proper course of action was? What the right thing to do might be? Or maybe you’ve heard your colleagues’ stories and got that uncomfortable, itchy feeling that an action they took wasn’t quite on the up and up.Upon completion of this course, the student will be able to: • Apply the NAR Code of Ethics principles and guidelines to your practice. • Identify possible violations as to the Articles of the Code of Ethics. • Articulate the benefits of understanding the enforcement process to resolve conflicts. 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 is approved by Lehigh Valley Association of for REALTORS® to fulfill Code of Ethics requirement from the National Association of REALTORS®. Course # RECE006620, 3.5 hours elective CE

Price = $45

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Property Management & Managing Risks

Property management is a natural extension of practice for many real estate professionals. Whether you’re thinking about taking on your first property or looking to grow your property management business, this is a niche business requiring specialized skills and knowledge. In this course we will explore the role of the property manager, common tenant issues, federal and state laws. We will also discuss fair housing regulations as they apply to property management as well as PA state licensing requirements for property management. Course highlights include: Property management contracts Property types and evaluating factors Tips for building a successful working relationship with property owners Landlord and tenant obligations Tips for screening and retaining tenants Informal rental agreements and the risks involved How to deal with delinquent tenants Fair housing guidelines and exemptions Course #RECE006608, 3.5 hours elective CE

Price = $45

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CONTINUING EDUCATION COURSES FOR AGENTS RENEWING FOR THE FIRST TIME

The purpose of these courses is to provide recently licensed standard salespersons with a high level of knowledge and understanding regarding key areas of real estate practice. Content areas introduced in pre-license coursework will be further developed, amplified and reinforced. Material presented will enable the salesperson to bridge their pre-license experience to a high level of real world professional practice.

In order to meet the needs of salespersons engaging in various specialty areas of practice, the course consists of two parts; a general module and two practice specific modules. The first module, the mandatory general module is required to be taken by all standard salespersons taking continuing education for the first time and focuses on issues applicable to all salespersons. The 7-hour commercial module develops key areas in which a salesperson engaging in brokerage and/or management of commercial properties would be expected to be proficient. The 7-hour residential module is designed to help develop appropriate skills to enable salespersons to provide the highest level of professional services to consumers in residential brokerage transactions.

FIRST TIME RENEWAL COURSES

If you are renewing our license for the first time you are required to take 14 hours of PA prescribed modules through an approved education provider. These include two seven-hour courses: The General Mandatory module and, depending on your practice, the Residential Module or the Commercial Module. Licensees Who Are Licensed After Dec. 1, 2023: Real estate licensees who are licensed less than six months prior to the renewal deadline are exempt from the continuing education requirements for the first renewal cycle. However, licensees must still renew their license. Lehigh Valley Real Estate Institute will not be offering Live First Time Renewal Courses for the 2024 renewal period. For first time renewal courses follow this link: https://lvrealestateinstitute.theceshop.com/online-education/pennsylvania/real-estate/sales-license/post-licensing/courses.html

Price = $69

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