Real Estate Education Newsletter

by teacher Deborah Long

October 2019

 

My classes are characterized by:
  • Comfortable seating
  • Refreshments
  • Class starts and ends on time
  • Punctual reporting of class credit
  • Prepared, experienced instructor

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Opportunity Zones

Qualified Opportunity Zones were created by the 2017 Tax Cuts and Jobs Act. These zones are designed to spur economic development and job creation in distressed communities throughout the country and U.S. possessions by providing tax benefits to investors who invest eligible capital into these communities. Taxpayers may defer tax on eligible capital gains by making an appropriate investment in a Qualified Opportunity Fund and meeting other requirements.
Zones are identified through the Triangle. The IRS has information here. Wake County has information here. These could be terrific opportunities for investors, particularly on the treatment of capital gain. 

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Here are my course offerings for

October:

Wednesday, Oct. 16: Chapel Hill Chamber of Commerce

ELECTIVE: Everything I Know about Real Estate, I Learned from the Movies"

1 p.m. to 5 p.m. Snacks available.

Information and registration here.

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Thursday, October 17 Chapel Hill

BROKER-IN-CHARGE UPDATE (BICUP)
9 am to 1 p.m.


Coffee and breakfast foods included.

5 seats remaining.

Information and registration here.

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Thursday, October 24th Fuquay Varina

Elective:  Everything I Know about Real Estate, I Learned from the Movies (and TV)

12-4 p.m.  Lunch included.

 Information and registration here.


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SAVE THE DATES


Nov. 21, Chapel Hill Elective: Contract Maze

Dec. 10, Chapel Hill:  Investment Analysis

Dec. 10:  Briar Chapel:  TBA


To search for CE classes, go to www.ncrec.gov,

click on the Education menu, and select Search CE Course Schedule. 

You may search for courses by course title, city, county, sponsor or instructor name, or date range.

Online Learning



You can find information about online electives here

All licensees, including BICs, must take an elective course. 

You can take two different elective courses

and bank one for the following year.

 

My online courses are competitively priced at $63/$67. 

 

The GENUP and BICUP courses are NOT available online.


inactive

Do inactive brokers have to take continuing ed?


The simple answer to this question is No. But they really better.
Since 2018, inactive brokers who do not take CE classes for more than two years will have to take 68 hours--yes, 68 hours--of classes in order to reactivate.
So all brokers should take 8 hours of CE (the correct update course
--either the GENUP or the BICUP)--
and an elective) to avoid the painful alternative.

NAR Code of Ethics Requirement


Beginning in 2019, Realtors must complete at least 2.5 hours of Code of Ethics training every two years, with the most current deadline of December 31, 2020. 

But remember, the ethics course is a requirement only for Realtors.  Not every real estate licensee is a Realtor.

If you are not a member of the National Association of Realtors, your only requirement is the appropriate Update course and any approved elective course. 

The ethics course can be taken online for FREE via the NAR website or you can take an approved four-hour ethics course and also obtain CE elective credit in NC.
You can take Everyday Ethics  (print-based), Staying on the Right Path, or Scruples (video-based),online courses that count for elective credit AND NAR credit.

DTRT

Questions? Email me.