Plan Your 2018 CE Vacation

Why not include your family and meet your business requirements at the same time. Plan your 2018 vacation to be taken in Orange Beach or Gulf Shores, enjoying the beautiful Alabama beach, eating wonderful seafood while fulfilling your continuing education all at the same time.

Your Family Vacation

It’s just common sense. You have to complete your state required continuing education before September 30, 2018 anyway. So why not schedule a week vacation for you and your family. While the family is playing on our beautiful beach, you can take only two days of your vacation time to complete your CE requirements. Since the classes are held during the day, you still have the evenings to dine out with the family, and you still have five days of your vacation time to fish, play golf, or soak up the sun with the family.

Huge Tax Deduction

By doing this, you earn a huge bonus. Since this is also a business trip, your vacation becomes a business expense. Why not let the government finance your vacation? It is such a smart decision, some people make two trips a year and only takes one day of classes on each trip. This is a win-win situation for both you and your family.

CE Deadline is Sept. 30, 2018

2018 is license renewal year and all licensees must complete 15 hours of continuing education. I have taken the guesswork out it for you. Attend our two-day sessions and receive all required CE credits, regardless whether you are a salesperson or a broker. The courses taught and the dates offered are listed below.

Courses Taught in each two-day session

  • Risk Management Avoiding Violations
  • Risk Management for Salesperson
  • Risk Management for Brokers
  • Mining for Gold Nuggets
  • Code of Ethics (NAR Rquired)

Dates for each two-day session in 2018

  • March 21-22
  • April 18-19
  • May 23-24
  • June 13-14
  • July 18-19
  • August 22-23
  • September 19-20

LOCATION: All classes will be taught at this location.

Orange Beach Community Center

27235 Canal Rd.

Orange Beach, Al. 36561

Loyalty; A Fiduciary Responsibility

Real estate agents from across the country prompted me to write this article. If we step back in time 50-60 years, people

were loyal to each other. They were loyal to the people they did business with. The giving and receiving of loyalty was expected. It was almost like an unwritten law of conduct. In many cases, deals were made with a handshake. No written contract was required. What happened to it?

Then came prosperity

[Read more…]

Special Town Hall Meeting

June 13, 2017 9-11 am

Orange Beach Community Center
Orange Beach, Al. 36561

What do we really know?

Knowing the letter of the law is not anyone’s favorite part of selling real estate, but it is arguably one of the most important parts of our job. Though we all work and act in ways that we believe to be appropriate and within the legal guidelines, too often agents are unknowingly breaking laws.

Creatures of habit

We are creatures of habit. We do things a certain way because that’s the way we have always done it. We may not even know why we do things a certain way but we certainly don’t want to change. To change would get us out of our comfort zone.

A Town Hall style meeting

Alabama Real Estate Institute is always trying to provide the best quality information available. We strive to stay abreast of the most current laws affecting the real estate industry and then we pass that knowledge on to our students. This is the reason we decided to have this “town hall” style meeting. Politicians use this type venue to get their message out and to gain support. So I decided to try it.

Attorney General speaks out

The main speaker for our meeting is Mr. Chris Booth. He is an Attorney General, appointed by the Governor of Alabama. He is also the senior counsel for the Alabama Real Estate Commission. I view him as the person that will prosecute us if we violate the state licensing law, and he is the one that will defend us when we’re in the right. Therefore, when he speaks, we should listen. During this meeting we will learn things that are not printed in articles.

Some of the topics discussed

Topics that will be covered in this town hall meeting are listed below; plus questions that you may want answers to.

  • Complaints received by the legal department of the real estate commission
  • What cost should be included in an estimated closing statement
  • Recovery fund verses E & O Insurance
  • Disclosure of caveat emptor and agency at initial contact
  • Power of Code of Ethics compared to the law
  • Property management issues and agent rentals
  • Disclosure of earnest money not collected
  • Real estate signs on non-listed property
  • RECAD and estimated closing statements as they relate to commercial property
  • Receipt of commissions bypassing the broker
  • Concessions and compensation as an inducement to purchase

It cost nothing for you to attend with the exception of your time. Breakfast type food will be provided at not cost to you. We do, however, ask that you RSVP me so I can save you a seat and make sure we have something for you to eat.

Please make sure you thank these sponsors for helping make this meeting possible.

Anchor Title and Excrow

Gold Star Realty

ACOPIA Home Loans

 

 

 

 

                       

 

 

A Special Thanks to All AREI Students

ChristmasThe number of students we service on an annual basis are increasing at an astronomical rate. I give all the credit to you. It is because of your patronage and loyal support that Alabama Real Estate Institute has become one of the largest and most highly decorated real estate schools in the state, recognized for it’s outstanding performance.

Students completing Sales or Broker Prelicense, Post License, Continuing Education, Reciprocal License from another states or [Read more…]

A Day In Court Rated AAA+ by Realtors

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New CE Requirements

All licensees must complete Risk Management Avoiding Violations and either Risk Management for Salespersons or Risk Management for Brokers. All brokers must complete Risk Management Avoiding Violations and Risk Management for Brokers.

Since most people want to complete all their CE requirements at the same time, we have made that possible by offering all required courses on the same day.

We are very excited about the one-of-kind elective course “A Day In Court.” It promises to be fun, exciting, educational and one that will form memories for a lifetime.

Day One A Day In Court 9am-4pm 6 Hrs. CE Credits $60  
Day Two Risk Management…. Avoiding Violations 8am11pm 3 Hrs. CE Credits $30  
Day Two Risk Management for Salesperson 11am-3pm 3 Hrs. CE Credits $30  
Day Two Risk Management for Brokers 3pm-6pm 3 Hrs. CE Credits $30  

10 Minute Break Each Hour and One Hour Lunch Break Both Days

Special Note: Salespeople taking Risk Management for Brokers will help a salesperson realize the legal liabilities that are placed on the qualifying broker. Additionally, by taking three different Risk Management classes, the salesperson should be well prepared to limit their liabilities while protecting their clients best financial interests.

Class Dates

July 9-10 July 23-24 Aug. 6-7 Aug. 20-21 Sept. 3-4  Sept. 17-18

To register for these classes send an email to Jame@AlabamaRealEstateInstitute.com and give the name, date your cell phone number. You can pay and register the day of class.

NOTE: Make sure you bring your real estate license number to class because I can’t issue your CE credits without it.

 

Location: Class will be held at the Orange Beach Community Center, 27235 Canal Rd. 36561

For additional information call James Anderson (251) 979-2530. I look forward to seeing you in class.

Alabama Real Estate Institute–PO Box 2115, 416 E. Laruel Ave., Foley, Al. 36535

 

 

Insulating Against A Law Suit

Generally most of my posts are adaptable to sales in any industry. Today I am specifically addressing real estate sales. If someone practices real estate very long, they will face legal issues; especially if they sell a lot of real estate. There is a very simple explanation for it too. It’s impossible to please everyone, and especially, if you represent both the buyer and the seller. In this type situation the buyer feels like the seller took advantage of them, while the seller feels like the buyer took advantage of them. As a Realtor® who is wedged between both parties thinking the agent showed partiality to the other party in the transaction. To complicate matters worse, in a typical real estate sales transaction there are numerous entities that have specific requirements and guidelines that must be followed.

Managing Your Risks

Generally most of my posts are adaptable to sales in any industry. Today I am specifically addressing real estate sales. If someone practices real estate very long, they will face legal issues; especially if they sell a lot of real estate. There is a very simple explanation for it too. It’s impossible to please everyone, and especially, if you represent both the buyer and the seller. In this type situation the buyer feels like the seller took advantage of them, while the seller feels like the buyer took advantage of them. As a Realtor® who is wedged between both parties thinking the agent showed partiality to the other party in the transaction. To complicate matters worse, in a typical real estate sales transaction there are numerous entities that have specific requirements and guidelines that must be followed.

In most real estate sale transactions there are two separate agencies involved. 

More times than not one agency will have the listing and represent the seller while the other agency will represent the buyer. [Read more…]

Understanding Caveat Emptor

 Alabama is Different than most other States…. I can’t say for sure but based on my research, the only states that are still caveat emptor states are Virginia, Arkansas, and Alabama. When a person buys real estate in these three states, they need to fully understand it is their responsibility to make sure they know what they’re getting, that it’s in good condition and works properly. When the buyer does his due diligence to have the property inspected, their legal rights remain in place after closing should some latent structural defect appear. If a buyer elects not to have the proper inspection done, closes on the transaction and then a latent structural defect appears and the buyer sues for damages; numerous Supreme Court cases have ruled in favor of the seller and stated caveat emptor; the buyer is responsibility to inspect the property prior to purchase.

BUYER BEWARE

This is a topic I try to talk about in every class I teach because it is the most important and the least understood law. I intentionally try to scare real estate agents to get them to understand the importance of the law and the effects it has on people buying real estate in Alabama. Today I will tell you how to see the law as it is written, disclose the other states that have the same law, and explain the dangers and remedies associated with caveat emptor.

Caveat Emptor is the law in Alabama…..

The Alabama Supreme Court has held caveat emptor to be the law in a consistent line of cases. Everyone should be on notice that there is no warranty which comes with the sale of a used home.

Real estate agents were taught when completing their educational requirements to get their license that caveat emptor is a Latin [Read more…]

Alabama Real Estate CE Class Schedule for 2018 (Classroom)

CE Requirements

All licensees must complete Risk Management Avoiding Violations (level one requirement) and either Risk Management for Salespersons or Risk Management for Brokers (level two requirement). All associate brokers and qualifying brokers must complete a minimum of 3-hour of Level One and 3-hours of Level Two Risk Management.

 

Since most people want to complete all their CE requirements at the same time, we have made that possible by offering all required courses on the same day and elective courses on the second day.

 

We are very excited about the one-of-kind elective course “Mining for Gold Nuggets.” It promises to be fun, exciting, educational and one that will form memories for a lifetime. This year we have included “Code of Ethics” which fulfills the new NAR requirement.

 

Day Class Title Time Credits Cost

Day One

Risk Management…. Avoiding Violations

8am11am

3 Hrs. 

 

$30

 

Day One

Risk Management for Salesperson

11am-3pm

   3 Hrs. 

 

$30

 

Day One

Risk Management for Brokers

3pm-6pm

   3 Hrs. 

 

$30  |

 

Day Two

Mining for Gold Nuggets

9am-12pm

   3 Hrs. 

 

 $30

 

Day Two

Code of Ethics

1pm-4pm

  3 Hrs. 

 

$30

 

The above prices are for individual classes. We offer both days for $150 which includes a FREE copy of the Alabama License Law book. People taking individual classes will not receive a book.

10 Minute Break Each Hour and One Hour Lunch Break Both Days

Special Note: Salespeople taking Risk Management for Brokers will help a salesperson realize the legal liabilities that are placed on the qualifying broker. Additionally, by taking three different Risk Management classes, the salesperson should be well prepared to limit their liabilities while protecting their clients best financial interests.

Class Dates for 2018

Mar. 21-22 April 18-19 May 23-24
June 13-14 July 18-19 August 22-23
Sept.19-20    

 

Pre-registration is required to ensure seating, book and food. To make reservations simple call James Anderson (251)979-2530 or you can email me at James@AlabamaRealEstateInstitute.com and I will email you a registration form.

 

NOTE: Make sure you list your real estate license number on the form because I can not issue your CE credits without it. Prepayment by PayPal is available but non-refundable.

 

Location: Class will be held at the

Orange Beach Community Center
 27235 Canal Rd. 36561

For additional information call James Anderson (251) 979-2530. I look forward to seeing you in class.

Alabama Real Estate Institute

PO Box 2115, 416 E. Laruel Ave.,

Foley, Al. 36535

Alabama Real Estate Continuing Education Courses

 

Click here to buy Alabama Real Estate Continuing Education Courses!

The Alabama Real Estate Commission requirements for Continuing Education (CE) are listed below in the order they are to be completed:

  • All Alabama licensees are required to complete a minimum of 15-hours of approved Continuing Education (CE) prior to renewal of licensure. Every licensee must complete 3-hours of mandatory “Risk Management Avoiding Violations” a level one course; and additionally 3-hours of mandatory “Risk Management for Salespersons” or “Risk Management for Brokers,” both are a level two course; and 9 additional hours of “elective classes.”  CE can be completed anytime between October 1 of the first year of licensure and September 30 of the second year of licensure. All license in Alabama must be renewed prior to October 1 in even years. For example; All licensees renewed their license prior to Oct.1, 2018. The next license renewal deadline is September 30, 2020. Continuing Education must be completed between October 1, 2018 and September 30, 2020. To determine the amount of CE credits you have and/or still need, log into your personal profile page on the Commission’s website www.arec.alabama.gov .
  • Whether you purchase our Special Renewal Package (all 15-hour of CE) or purchase individual classes the process is simple.
  • You purchase the classes of your choice and you can begin the class work in a matter of minutes.
  • Upon complete the online course I receive notification of completion.
  • I enter the credits on your behalf with the Alabama Real Estate Commission and notify you that the credits have been issued.
  • Your final step is to log into your personal profile page on the Commission’s website www.arec.alabama.gov to view your credits and complete the course evaluation form.

Click here to buy Alabama Real Estate Continuing Education Courses!



About the Alabama Real Estate Institute

The Alabama Real Estate Institute – A Complete Real Estate School!

ARELLO CERTIFIED DISTANT EDUCATION INSTRUCTOR
ARELLO is the Association of Real Estate License Law Officials made up of jurisdictions (countries and states) that regulate the sale and leasing of real estate.

Real Estate Training Specialists

Alabama Real Estate Institute is licensed through the  Alabama Real Estate Commission to provide various types of educational needs to all licensees in Alabama as well as out-of-state licensees desiring to become licensed in Alabama. Our Staff of Instructors are prominent figures in the real estate industry that have years of actual experience. Our guest speakers are leaders within their industry that are considered to be ranked in the top of their field. It is our goal to become “The Educational Source” for all licensees practicing real estate in Alabama.

The Alabama Real Estate Institute provides Alabama Real Estate Commission approved education courses in Real Estate Salesperson Pre License, Real Estate Salesperson Post License, Broker Pre license, Reciprocal Sales license, Reciprocal Broker license, Training Classes, Training Boot Camps, Continuing Education courses (CE), Productivity Coaching and Motivational Speakers for specialized events.

We offer one of the largest selections of CE classes in Alabama. Distance Learning Courses, more commonly called Online Courses or Internet Courses can be accessed online by clicking one of the links on this page. The Alabama Real Estate Institute also offers CE classes in various classroom settings state-wide.

We hope you will select Alabama Real Estate Institute as your Real Estate School of choice!

Has your group or office considered a classroom based continuing education trip along with a beach vacation for the families? We can schedule classes for a large group.

For more information or to arrange a classroom training for your group or office in your home town please contact:

James Anderson, CDEI, GRI, CDPE
School Administrator
Alabama Real Estate Institute, LLC

Please see the sidebar for our contact information!