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First-Time Homebuyers in Today’s Market

$49
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS General: 3 Required: 0 Total Hours: 3
Description
State Requirements

This Live Online course is delivered via Zoom. After purchasing the course, you'll have access to register for the class session of your choice. Click here to see upcoming classes.

The first-time homebuyer of today looks nothing like the buyer agents learned to serve a decade ago. The typical first-timer is now 40 years old, earns nearly $100,000 a year, and represents just 21% of all buyers — an all-time low. They have been delayed by student debt, priced out by a historic affordability crunch, and are entering the market during one of the most complex buying environments in modern real estate history. To serve them well, agents need an updated playbook.

This three-hour live online course delivers that update. Participants will examine the demographic and financial forces reshaping today's first-timer, the affordability and inventory challenges defining the entry-level market, and the financing tools — from FHA and down payment assistance to builder buydowns — that make homeownership possible for cost-constrained buyers. The course closes with a practical focus on buyer representation: articulating your value, navigating the compensation conversation, and tailoring your consultation to the life stage and mindset of today's first-time buyer.

Package Content:

State Requirements For Nevada

Nevada Requirement Detail for Real Estate Continuing Education

Renewal Date: Every two years by the last day of the month in which you first obtained your license.

Hours Required By The State: 36 hours

SALESPERSON SUBSEQUENT RENEWALS

Proof of completion must be submitted to the Division. The 36 hours must be taken in the following categories:

  • 3 hours Agency
  • 6 hours Contracts
  • 3 hours Ethics
  • 3 hours Nevada Law
  • 3 hours Risk Reduction
  • 18 Hours General (Business Broker permit holders must include the 3 hours of CE for permit renewal; Property Management permit holders must include 9 hours of CE for permit renewal)

At least 18 of the required 36 hours must be taken through live instruction.

Please note: No more than 3 hours in each two-year period may be taken in Personal Development courses.

The CE Shop's Offering: 36 hours (only 18 hours can be taken online)

The following courses are considered Personal Development courses:

  • Personal Safety
  • Roadmap to Success: Business Planning for Real Estate

The CE Shop does not currently offer courses to satisfy the requirements specific to the Business Broker Permit or Property Manager Permit.

Reporting: The state requires course completions to be reported to the state. We will report your course to the state upon completion.

Expiration Date of Course: Course expiration dates vary by course. Each individual course will have an expiration date listed in your account. See Terms & Conditions for more details.

Seat Time: It is required that all students spend a minimum amount of seat time engaged in the course content. Our online course delivery system manages this requirement for you.

Certificates: Immediately upon course completions, The CE Shop will provide students with an electronic copy of the course certificate of completion. Certificates will remain in your account for a minimum of five years, should you need additional copies at a later time. Please refer to your application to determine if you need to submit your certificate(s) of completion. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

Final Exams: Final exams must be passed with a minimum of 75% and may be taken as many times as necessary in order to pass. 

License Renewal Process: The process to renew in this state is to log in to the licensing system online and follow the prompts to renew.

Post-Licensing: First-time licensees issued an initial license, except as defined by NAC 645.4442 Subsection 2, must complete 30 hours of Post-Licensing within the first 12 months immediately after initial licensing through live instruction. The CE Shop does not offer any of the Post-Licensing hours at this time.

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