Friday, September 23, 2016

Lieb School Launches 22.5 CE License Renewal Course Package | Online Video Classes | $99.00

NY Real Estate Continuing Education 22.5 Credit 

License Renewal Course Package 

(click for online classes preview - turn sound on)
Anywhere and anytime you can finish all 22.5 hours of real estate continuing education as long as you have internet access. Lieb School’s online license renewal package includes video, audio and interactivity to get the job done without making you want to gouge your eyeballs out. Satisfies Department of State, New York Real Estate Continuing Education Requirements for License Renewal.

Courses include:

  • Deal Killers (3 CE Credits)
  • Conflicts of Interest (3 CE Credits)
  • Agency Disclosure (8 CE Credits)
  • Divorce Deals (4.5 CE Credits)
  • Fair Housing Act (4 CE Credits)
The first course in this package is Deal Killers, where you will learn how to comprehensively negotiate a deal with substance and understand how to lock in your commission through creating a paper trail proving that you addressed substantially all of the essential terms of the transaction while negotiating the deal. Next, Conflicts of Interest will teach you the role of each player in a transaction and how to avoid an ethical claim that can otherwise ruin your career. Following, you will learn the whole enchilada about agency disclosure including an easy to follow 12 scenario explanation of which form to give and when. After you have mastered how to fill out the agency disclosure forms, Divorce Deals will show you how to navigate through all of the complexities of selling a marital residence and share with you interesting insights of what your clients are going through during their divorce process. Last but certainly not least, after completing the Fair Housing Act course, you will learn the nationwide standard for anti-discrimination laws in residential housing and how to perform your job while avoiding lawsuits, which New York State is actively pursuing against real estate brokers today.

After trying Lieb School’s ONLINE classes, you will never want online education from any other provider. Lieb School’s leading distance education combines the latest interactive technology, license law education and continuing edutainment.

Each course includes a video from a live classroom setting that was instructed by premiere lecturer Andrew Lieb, Esq. Content is thereafter broken down in order to simplify the learning experience so that students can absorb our field’s complex materials without being overwhelmed.

*Prices Subject to change
** Must complete the courses 6 months from the date you registered


Wednesday, September 21, 2016

Real Estate Brokerage Regulatory Updates - 9/20/16 NYS Board of Real Estate meeting summary

On 9/20/16 the NYS Board of Real Estate continued its mission of optimizing the regulation of real estate brokers in our state by holding its meeting in NYC and Albany. To remind real estate brokers and salespersons, the public is welcome at these meetings where the public can bring comments from the floor. It's encouraged that Lieb School students attend these meetings to have your voices heard. 

"[T]he Board has general authority to promulgate rules and regulations affecting real estate brokers and salespersons in order to administer and effectuate the purposes of Article 12-A of the Real Property Law."

A complete video of the meeting is available on youtube.

In summary, the following was discussed:
  1. The partnership between the Department of State and the Division of Human Rights to enforce fair housing laws; 
  2. The new agency disclosure continuing education requirements as signed by the Governor into law earlier this month; 
  3. Diversity being an approved topic for continuing education;
  4. Notice of regulatory changes for the following topics will appear on the state register for 45 day comment period on 9/28/16: 19 NYCRR 175.1 (escrow and how much time can be held before deposited), 19 NYCRR 175.7 (consent of parties), 19 NYCRR 176.3 (license safety course and reduction in hours to property insurance course), 19 NYCRR 177.3 (allows training modules to be 1 hour rather than 3), 19 NYCRR 177.7 (allows the computating the computation from 60 to 50 minutes), and 19 NYCRR 175.25 (advertisements of business cards that license type be listed as a clarification); and
  5. Changing point allocation for acting as listing agent and selling agent.
Of note, no quorum existed so no votes were taken. The next meeting is expected in January 2017. 

Real Estate Brokerage - Major Change to Continuing Education Requirements - Agency Disclosure REQUIRED

On September 9, 2016 Governor Cuomo signed into law a major change to the continuing education requirements for real estate brokers, associate real estate brokers and real estate salespersons.

The new requirement reads as follows:
"[A]t least one hour of instruction pertaining to the law of agency except in the case of the initial two-year licensing term for real estate salespersons, two hours of agency related instruction must be completed"

This act takes effect on January 1, 2017.

The stated purpose of the Bill is:
"The bill amends the real property law to require two hours of agency related coursework in the licensee's initial two-year licensing term as part of the 22 1/2 hours of continuing education required for renewal of a real estate license in New York. In subsequent license terms one hour of agency related coursework will be required."

The justification for the Bill is:
"Understanding the agency relationship created between buyers/sellers, landlords/tenants and the real estate professional representing them during the real estate transaction is essential.

There are many real estate professionals and consumers who are often confused by the agency relationships created during the real estate transaction. At various points in time there may be several different agency relationships created, terminated or changed from first encounter to the closing table. Understanding what fiduciary duties are owed, the proper use of the agency disclosure form, and the ability to successfully represent clients in various forms of agency relationships such as buyer/tenant agency, seller/landlord agency and dual agency are critical for consumer protection."

Fulfill the requirement at Lieb School with our Agency Disclosure ONLINE course TODAY