®
Blue Ridge Association of
REALTORS
Phone: 540-667-2606 Fax: 540-662-5986 Email: shiggins@brarva.com
Blue Ridge Association of REALTORS®
181 Garber Lane, Winchester, Virginia 22602
181 Garber Lane, Winchester, Virginia 22602
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Banner photo courtesy Roger Lamborne.
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‘The premier authority for real estate in the Northern Shenandoah Valley.’
Continuing Education (CE): 16 Hour Requirement
A total of 16 hours of Continuing Education is required if your license expiration date is after
July 1, 2004.
You must have 8 hours in the mandatory topics, which includes 2 hours in Fair Housing and the remaining 6 hours must be a minimum of 1 hour in each of the following categories:
July 1, 2004.
You must have 8 hours in the mandatory topics, which includes 2 hours in Fair Housing and the remaining 6 hours must be a minimum of 1 hour in each of the following categories:
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Legal Updates,
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Real Estate Agency,
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Real Estate Contracts,
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Ethics & Standards of Conduct
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The remaining hours may be real estate related or in the specific categories.
Post Licensure (PL): 30 Hour Requirement
If you received a new salesperson license (active or inactive) after December 31, 2003, and this is your FIRST TIME RENEWAL , you will need to complete 30 hours of Post-License Education instead of Continuing Education. You may only choose one track for your mandatory hours. Once you complete a mandatory course in a track, you must complete all of the mandatory hours in that track. The elective hours may be taken from any tracks.
POST LICENSE
EDUCATION
Track 1: Residential Real Estate
Mandatory Topics (15 hours)
1. Agency Law (3 hours)
2. Fair Housing (3 hours)
3. Real Estate Law (3 hours)
4. Offer to Purchase (3 hours)
5. Ethics and Standards of Conduct/Current Industry Issues and Trends (3 hours)
Elective Topics (15 hours - approved courses are a minimum of 1 hour and a maximum of 4 hours)
EDUCATION
Track 1: Residential Real Estate
Mandatory Topics (15 hours)
1. Agency Law (3 hours)
2. Fair Housing (3 hours)
3. Real Estate Law (3 hours)
4. Offer to Purchase (3 hours)
5. Ethics and Standards of Conduct/Current Industry Issues and Trends (3 hours)
Elective Topics (15 hours - approved courses are a minimum of 1 hour and a maximum of 4 hours)
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Finance
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Property Valuation/Listing Process
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Selling Process
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Technology
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Business Planning
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Land Use Issues
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Other Real Estate Related Courses
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Track 2: Commercial Real Estate
Mandatory Topics (9 hours)
1. Contract Writing; Handling Customer Deposits; Agency (3 hours)
2. Listing Property; Leasing Property; Current Industry Issues and Trends (3 hours)
3. Property Owners’ and Condominium Association Law; Landlord Tenant Law; Real Estate Board Regulations and Statutes; Americans with Disabilities Act (3 hours)
Elective Topics (21 hours - approved courses are a minimum of 1 hour and a maximum of 4 hours)
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Leasing
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Land
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Sales
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Finance
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Market Research
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Property Management
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Consulting Services
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Development
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Franchising
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Government Relations/Government Programs
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Hospitality/Entertainment
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Other Real Estate Related Courses
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Track 3: Property Management
Mandatory Topics (20 hours)
1. Virginia Residential Landlord/Tenant Act and Fair Housing (4 hours)
2. Board Regulations and Statues; Escrow Management and Accounting; Ethics (4 hours)
3. Appraisals; Structures and Construction Process; Uniform Statewide Building Code (4 hours)
4. Contract Writing and Agency (4 hours)
5. Risk Management (4 hours)
Elective Topics (10 hours - approved courses are a minimum of 1 hour and a maximum of 4 hours)
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Contractor/Maintenance Employee Relationship
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Current Industry Issues and Trends
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Rental Marketing
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Tenant/Landlord Relationships
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Understanding Property Owners’ and Condominium Associations
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Other Real Estate Related Courses
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Understanding Quadrennial Ethics
What is Quad Ethics?
Quad Ethics is an NAR requirement that teaches ethics beyond the state level of Ethics, each must meet.
The time requirements are as follows:
Cycle 2 1/1/2005 to 12/31/2008
(completed)
Cycle 3 1/1/2009 to 12/31/2012
Each has exactly four years within each cycle to meet this requirement.
Quad Ethics is an NAR requirement that teaches ethics beyond the state level of Ethics, each must meet.
The time requirements are as follows:
Cycle 2 1/1/2005 to 12/31/2008
(completed)
Cycle 3 1/1/2009 to 12/31/2012
Each has exactly four years within each cycle to meet this requirement.
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The Blue Ridge Association of REALTORS® By-Laws
Article V, Section 5.
Continuing Member Code of Ethics Training.
Article V, Section 5.
Continuing Member Code of Ethics Training.
Effective January 1, 2001, through December 31, 2004, and for successive four year periods thereafter, each REALTOR® member of the association shall be required to complete quadrennial ethics training of not less than two hours and thirty minutes of instructional time. This requirement will be satisfied upon presentation of documentation that the member has completed a course of instruction conducted by this or another association, the State Association of REALTORS®, the NATIONAL ASSOCIATION OF REALTORS®, or any other recognized educational institution or provider which meets the learning objectives and minimum criteria established by the NATIONAL ASSOCIATION OF REALTORS® from time to time.
REALTOR® members who have completed training as a requirement of membership in another association and REALTOR® members who have completed the New Member Code of Ethics Orientation during any four year cycle shall not be required to complete additional ethics training until a new four year cycle commences.
Failure to satisfy this requirement shall be considered a violation of a membership duty for which REALTOR® membership shall be suspended until such time as the training is completed.
(Adopted 1/01)
Members suspended for failing to meet the requirement for the first four (4) year cycle (2001 through 2004) will have until December 31, 2005 to meet the requirement. Failure to meet the requirement by that time will result in automatic termination of membership.
Failure to meet the requirement for the second (2005 through 2008) cycle and subsequent four (4) year cycles will result in suspension of membership for the first two months (January and February) of the year following the end of any four (4) year cycle or until the requirement is met, whichever occurs sooner. On March 1 of that year, the membership of a member who is still suspended as of that date will be automatically terminated. (Adopted 1/01, revised 5/05)
Have I taken it?
If you have taken an Ethics class and/or Orientation with an Association, Mosley (not Mosley Flint), attended the Road show, or on NAR's website then you have full filled the requirement.
As with each creditable class you should receive a Certification, (if not please contact the company that you took the class with), this is your proof of meeting NAR's requirement of Quad Ethics.
Who is responsible for knowing if I have taken it?
Each member is responsible for informing The Blue Ridge Association of REALTORS® they have met the requirements only:The class was not taken at the BRAR office, did not attend the VAR show, or if was not on NAR’s website. The Blue Ridge Association of REALTORS® is responsible to NAR in providing proof that each member has met this requirement.
For more information to take Quad Ethics through NAR please visit: http://www.realtor.org/mempolweb.nsf/pages/coetraining
Understanding REALTOR® Educational Requirements
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