Monday, October 14, 2013

Have You Transitioned?

 Okay, I know that you have heard and heard some more that you MUST do the 24 hour Transition Course from Real Estate Sales Associate to Broker before June 30th, 2014 or you will no longer be able to practice Real Estate. Have you done it? My goal here is to get you to do it sooner than later.

 Indiana Association or REALTORS gave us some information you might want to consider.

1. There are only four people who are working at the State to process your paperwork, so if you wait until the last minute next June you might have met your requirements but you might not be able to practice until the State catches up.

2. If you have any issues that could slow up your paperwork you should get started now. If you have any outstanding Indiana Tax bills, Child Support payments, or had any other issue like a DUI. The State will likely not issue your license until resolved. You want to get in front of it and if needed to get in front of the Board you can do so.

 If you are a "Legacy Broker" someone who has their Broker's License before July 2012, you will still need your normal 16 hours of CE that would have been due by June 2013 that was extended to June 2014, as well as an additional 8 hours of CE by then as well.

 If you need your Broker's Transition Course, or your 8 Hour Legacy Broker course you can take them at our RE/MAX Ability Plus portal on www.recp.com.
 I just took the 8 hour course Friday and today, it is very easy. I did the first three modules on my laptop and tried to do the fourth on my iPad but found it very cumbersome and went back to the laptop.

The eight hours consist of:
1. Fair Housing: 2 Hours
2. The New Indiana Licensing Law: 2 Hours
3. Factors in Negotiation: 2 Hours
4. Money, Escrows, E&O, and Earnest Money: 2 Hours