18-Hr. UT 2024 CE Package (with Commercial Mandatory)

$139
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 9 Mandatory Hours: 9 Total Hours: 18
Description
Package content and courses
Renewal Requirements

This full 18-hour package includes 9 hours of mandatory/core and 9 hours of electives required for active license renewals.

Courses included in this package:

  • Utah Mandatory Commercial Course (3 core hours)
  • Using the Code to Solve Ethical Dilemmas (3 core hours)*
  • Section 1031 Tax-Deferred Exchanges (3 core hours)
  • Marketing, Advertising, and Social Media Compliance (3 elective hours)
  • Roadmap to Success - Business Planning for Real Estate Professionals (3 elective hours)
  • Working with Real Estate Investors: Understanding Investor Strategies (3 elective hours)

*This course was designed to meet the REALTOR® Code of Ethics Training Requirement. Please confirm that your local association, who administers the Code of Ethics training, will accept this course.

Package Content:
Utah Mandatory Commercial Course (Core)

This commission-required course covers various topics that impact licensees’ real estate career, including everything from essential reviews of evergreen topics to statutory and administrative code changes licensees need to know about to stay in compliance with state laws and rules. 

In this course, licensees revisit what agency is and the agent’s roles and responsibilities, what’s needed to represent a consumer, seller disclosures, earnest money requirements, and other specific points of the real estate purchase contract, among other topics. Additionally, licensees will be brought up to speed on hot topics in the industry and Utah enforcement procedures. 

Moving forward, equipped with the useful information and practical advice found in this three-hour Utah Mandatory Commercial Course, licensees will be better positioned to offer their clients timely advice and superior representation. 

Course highlights include:  

  • Agency review 
  • Fiduciary duties 
  • Limited agency relationships 
  • Commercial real estate forms 
  • Earnest money requirements 
  • Seller disclosures 
  • Conditions of purchase (due diligence, appraisal, and financing) 
  • Notices and acceptance 
  • Commercial leasing practices 
  • Commercial lease types 
  • Subleasing and assignment 
  • Tenant and landlord obligations 
  • Legislative and Administrative Code updates 
  • Cooperative brokerage agreements with out-of-state licensees 
  • Cyberfraud prevention 

Using the Code to Solve Ethical Dilemmas

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.

Let’s look at an uncomfortable truth: real estate agents have a small tarnished image problem. With every transaction being unique, real estate licensees often face ethical gray areas. Some real estate professionals simply don’t understand how to handle complex issues in the most ethical manner, and others bend the rules if they think it’ll keep a transaction on track or a commission in their bank account and not a competitor’s.

Aligned to the requirements of the current NAR cycle, this three-hour course helps licensees deepen their knowledge—and practice—of ethical rules of conduct according to the National Association of REALTORS® Code of Ethics & Standards of Practice. The code isn’t applicable to REALTORS® only, who are duty-bound to uphold the code as a privilege of membership. The code’s guidance serves anyone possessing a real estate license, and licensees who heed the code’s various articles and standards of practice can do the greatest good of all: protecting consumers while also bolstering the reputation of all the industry’s professionals.

Course highlights include:

  • Laws vs. morals vs. ethics
  • Top articles of the code involved in the most complaints (plus a few more)
  • A candid look at the industry’s image problem
  • Common ethical dilemmas and using the code to solve them
  • Foundation and enforcement of the code
  • Competency in real estate practice as a matter of ethics
  • Steering clear of procuring cause disputes
  • Ethics concerns with technology and social media
  • Tips and best practices to keep your reputation polished to a high shine

*This course was designed by us to meet the REALTOR® Code of Ethics Training Requirement. Please confirm that your local association, who administers the Code of Ethics training, will accept this course.

Section 1031 Tax-Deferred Exchanges

Chances are good that, if it hasn't happened yet, you will one day work on a transaction involves a property that’s part of a tax-deferred exchange. When this happens, will you be ready to guide your client through the process and ensure they meet the critical deadlines?

With an appropriately formed exchange, an investor can defer paying taxes on the profit from one investment and instead use all of the profits to fund another investment. 

This course helps licensees become more comfortable with guiding clients through a 1031 tax-deferred exchange transaction and ensuring critical deadlines are understood and met.  

Course highlights include:

  • Section 1031 tax-deferred exchange definitions
  • Starker’s Exchange background and application
  • U.S. Internal Revenue Code requirements
  • IRS Safe Harbor Guidelines
  • Investor taxes advantages
  • Setting up an exchange
  • Selecting a Qualified Intermediary
  • Licensee role in a Section 1031 tax-deferred exchange
  • The non-exchanger's role in a Section 1031 transaction
  • Reverse exchanges
  • Rare exemptions to exchange deadlines

Marketing, Advertising, and Social Media Compliance (3h)

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.
  • Activities and scenarios to provide real-world context for course content

Roadmap to Success - Business Planning for Real Estate Professionals

More than 80% of real estate licensees leave the business within the first two years, and this is primarily due to a lack of understanding of what it takes to succeed. Of those who stay, very few earn a lucrative living at it.

Don't be that licensee.

Whether you're just launching your business or you think it's time to level up, this course will give you the tools to launch your career from a solid foundation, one that lets you know what you need to do today, this week, this month, this quarter, and this year to execute your well-considered business plan.

This course will show you how to take stock, create a vision, and gather the tools necessary to achieve that vision so you can create a professional, exemplary, referral-driven business that serves clients needs and exceeds client expectations.

Course highlights include:

  • Helpful ideas for defining your real estate business, vision statement and mission statement
  • A Business Plan Worksheet that will help you determine goals and execute your plan
  • Details about identifying strengths and weaknesses, and setting realistic, attainable goals
  • An editable, customizable Business Plan Template
  • How to calculate the action steps needed to achieve success as you define it

 

Working With Real Estate Investors: Understanding Investor Strategies

Unlike most owner-occupied homebuyers, real estate investors enter the market to make money. By learning about investor motivators and criteria, you’ll be in a better position to help your clients navigate this asset strategy.

Working with Real Estate Investors examines investor goals and strategies, different investment property types, key financial considerations, and your role in locating, negotiating for, and marketing investment properties.

Course Highlights:

  • An overview of residential and commercial investment property types
  • Short- and long-term investment property acquisition strategies 
  • Financial factors that influence investor decisions, including depreciation, 1031 tax exchanges, and cash flow
  • Financing options available to real estate investors, including conventional loans, commercial loans, and private money lenders
  • Tips for locating and marketing investment properties
  • Pros and cons of working with investor clients
  • Ethical duties when working with investor clients
  • Activities and scenarios to provide real-world context for course content

 

State Requirements For Utah

Utah State Requirement Details for Real Estate Broker and Sales Agent Continuing Education

Renewal Date: Licenses are valid for a two-year period and must be renewed no sooner than 45 days prior to and no later than the expiration date. All CE must be completed by the 15th of the renewal month to ensure on-time renewal.

Hours Required by the State: 18 hours

  • 3-Hour Mandatory Course in Residential, Commercial, or Property Management
  • 6 hours of other core topics
    • state-approved forms and contracts
    • other industry used forms or contracts
    • ethics
    • agency, agency agreements, and fiduciary duties
    • short sales or sales of bank-owned property
    • environmental hazards
    • property management
    • prevention of real estate and mortgage fraud, including wire fraud
    • federal and state real estate laws
    • fair housing, diversity, identifying bias, promoting equity, and inclusion
    • division administrative rules
    • broker trust accounts
    • water law, rights and transfer
    • multiple offers
  • 9 hours of other core topics or elective topics

Utah Division of Real Estate

Street Address: Heber M. Wells Building, 2nd Floor, 160 East 300 South, Salt Lake City, Utah 84111

Mailing Address: PO Box 146711, Salt Lake City, Utah 84114-6711

Telephone: (801) 530-6747

Email: realestate@utah.gov

Utah Division of Real Estate

DRE Continuing Education