Earn your Colorado Real Estate CE units Online
To renew your Colorado real estate license, you’re required by the Colorado Real Estate Commission to complete 24 hours of continuing education every three years. An “Annual Commission Update” course must be completed during each year of the license period, plus electives for a total of 24 hours of CE. The same version of the “Annual Commission Update” course cannot be taken twice for credit.
Individual Courses Info Hours Price
This course provides an introduction to residential real estate finance, including information on how to underwrite FHA, VA, FNMA and FHLMC loans. Understanding this information will help the student assist his or her buyer- and seller-clients from the initial meeting, through the closing proceedings with basic financing and loan-qualification questions.
In accordance with TREC rules Sections 535.71 and 535.72D, in this course, you will learn the basics of the different types of loans available, loan applications, appraisals, escrow, titles and credit reports, including qualifying for loan amounts and verifying income and assets.
Upon completion of this module, the student will know how to calculate loan amounts, estimate monthly payments, property taxes, hazard and mortgage insurance (for conventional, FHA and VA) and qualifying ratios and income.
Before entering into a legally binding agreement, real estate professionals must fully understand the contracts that govern their industry. Failure to understand contracts opens a licensee to various kinds of liability and can seriously damage one's professional reputation. Therefore, it is vital that real estate professionals learn this material so that they can protect themselves against errors, oversights and misunderstandings.
In this module you will learn about the types of general contracts as well as the different kinds of real estate contracts. The module provides the student with an overview of the various types of contracts: bilateral, unilateral, implied, express, executed, executory, valid, void, voidable and unenforceable. Once the student is introduced to the different types of contracts, he or she learns what makes a contract legally enforceable, this being the five components that make a contract valid: mutual assent, legally competent parties, consideration, lawful objective and adherence to a statute of frauds. This module includes the following lessons:
* Types of Contracts
* Features of a Legally Valid Contract
* Contract Fulfillment
* Real Estate Contracts
The fifth and concluding lesson in this module presents real-world dilemmas and concrete applications of the information presented in the rest of the course. As the student completes this module, he or she should try to develop a broad picture of environmental issues and how they fit into the larger practice of real estate; the last lesson will help with this project by presenting comprehensive content questions, practice problems and case studies.
This course covers major environmental hazards. Licensees need to familiarize themselves with environmental issues because they have a responsibility to disclose to buyers any information that might affect their decision to buy. Environmental hazards can dramatically affect a property's value, so buyers, sellers, lenders and licensees all can be affected by them. This course includes the following lessons:
* The Indoor Environment
* The External Environment
* Legislation
* Disclosure and Site Assessment
* Real Estate Practice
Students will learn throughout this course to identify internal and external environmental issues. They will learn about health hazards, environmental legislation, liability and responsibility for cleanup and protection. They will also learn about actions they should take and how issues affect licensees and lending. Licensees are not expected to be environmental experts, but in this course students will acquire a competency with environmental issues which will help them to elucidate issues for buyers, sellers and lenders. Knowledge of environmental issues also will help protect them from charges of nondisclosure. The conclusion of this course presents real world dilemmas and applications of the information presented. As the student completes this course, he or she should try to paint a big picture of environmental issues, which the course will address with comprehensive content questions, practices and case studies.
Course Overview
This course covers broad issues on fair housing laws. Specifically, the student will learn: what fair housing laws exist, what classes of individuals are covered under these laws, how discrimination is defined in real estate, how can one avoid discriminating practices, and what the consequences are for non-compliance with fair housing laws. This module addresses the following topics:
* Introduction to Fair Housing
* Discrimination
* Additional Legal Protections to Prevent Discrimination
* Enforcement of Fair Housing Laws
* Avoiding Discriminatory Practices
* Real World Practice
This course provides an introduction to residential real estate finance, including information on the underwriting process for FHA, VA, FNMA & FHLMC loans. It includes the following lessons:
* Introduction to Loans
* Conventional Loans
* FHA Loans
* VA Loans
* The Basics of Real Estate Financing
* Real Estate Practice
In this course the student will learn the basics of the different types of loans available and the advantages and disadvantages of each; loan applications; appraisals; escrow; titles; and credit reports, including qualifying for loan amounts and verifying income and assets. The student will also learn how to calculate loan amounts, estimate monthly payments from property taxes, hazard and mortgage insurance, qualifying ratios and income.
This module discusses liens, taxes and foreclosures. There are many types of liens, as well as several kinds of taxes, that can attach to a parcel of real estate. When borrowers default on a debt, foreclosure is the process by which lienholders collect the unpaid portion of a debt. Because liens represent an interest in real property, it is crucial that real estate licensees develop an in-depth understanding of liens and lien-related issues. Such knowledge also helps licensees to better advise buyers and sellers.
The first lesson presents a general overview of liens. It explains the classification of liens and discusses the types of non-tax liens. Lesson two discusses taxes and tax issues, including ad valorem taxes, real estate tax computation, special assessments, real estate transfer taxes, federal income taxes, capital gains taxes and tax shelters for homeowners and investors. It also discusses the priority of liens. Lesson three addresses the methods of foreclosure, redemption, deficiency judgments, tips for homeowners facing foreclosure and fraudulent behaviors related to foreclosure.
The conclusion of this module presents real world dilemmas and applications of the information presented. As the student completes the module, he or she should try to paint a big picture of the issues surrounding liens, taxes and foreclosures, which the module addresses with comprehensive questions, activities and case studies.
Property management is a special category of real estate work. The term "property management" generally refers to the group of services which an owner hires a professional property manager or management firm to perform. The quality of management directly affects the profitability of the property being managed. A skilled property manager thus protects the owner's capital investment in real estate and makes sure that the property generates profit. In many cases, property managers must be licensed real estate brokers.
This course includes the following lessons:
Introduction to Property Management
Management Agreements
A Property Manager's Typical Duties
Interacting with Tenants
Property Management and Leases
Real Estate Practice Lesson
We will cover a property manager's basic functions, including administrative duties, leasing practices and the manager's legal relationships with the owner and the tenants of the property. The course also discusses the way to construct a management agreement so that the manager and the owner clearly understand one another's roles. Licensees will benefit from understanding the various types of property management, as well as the duties that successful property managers must carry out.
The concluding lesson in this module presents real-world dilemmas and concrete applications of the information presented in the rest of the course. As the student completes this course, he or she should try to develop a broad picture of property management and how it fits into the larger practice of real estate; the last lesson will help with this project by presenting comprehensive content questions, practice problems and case studies.
This course explores the meaning of real property ownership and the differences between real estate and personal property. Although these terms are often used interchangeably in everyday conversation, there are different rights associated with these different commodities. It is important that licensees understand the differences between them and are able to explain the distinctions to their clients and customers. This course addresses the following topics:
* Personal and Real Property Ownership
* Land Description
* Controlling Development
* Real Estate Practice Lesson
Throughout this course, the student will learn how different commodities—land, real estate, and real property – transfer and relate to one another. In addition, the student will learn about land use theory and come to understand how our federal, state, municipal and private authorities govern and plan our communities. This course covers legal descriptions as well as informal descriptions, the development of these concepts and the role they play in the real estate industry.
This course's final lesson presents real-world dilemmas and provides opportunities to apply the information covered in the rest of the course. As the student completes this course, he or she should try to develop a broad understanding of real property use and to place this understanding within the larger context of real estate practice as a whole. This final lesson aims to help the student achieve this goal using comprehensive content questions, practice examples and case studies.
The objective of this module is to teach real estate professionals how they can help their clients with the process of buying and selling property on a tax-favorable basis.
The first two lessons describe a method of real estate purchase using pre-tax dollars and of growing the estate within a qualified product. We will discuss the current tax advantages of using both qualified and non-qualified tax products such as IRAs, SEP IRAs, 401(k)s, Roth IRAs and charitable gift annuities. The use of these applications provides the real estate professional with an opportunity to create a long-standing and profitable relationship with his or her clients, as well as attracting a more sophisticated investor wishing to find an alternative to 1031 exchanges.
Lessons three and four of this module will explain the many important aspects of Internal Revenue Code Section 1031. The course will focus on the benefits of the 1031 exchange for the investor, the licensee and the other parties involved in the transaction. The student will learn which properties qualify under Section 1031 and how to use the various types of 1031 exchanges to enhance the client's position in the investment real estate market.
The concluding lesson in this module presents real-world dilemmas and concrete applications of the information presented in the rest of the course. As the student completes this module, he or she should try to develop a broad picture of tax-favorable real estate transactions and how they fit into the larger practice of real estate. The last lesson will help with this project by presenting comprehensive content questions, practice problems and case studies.
This course discusses Internet basics, the Internet's effects on the real estate industry, ways to create effective websites, Internet marketing techniques, and email.
The Internet presents an unprecedented opportunity for real estate professionals. Licensees and firms can create Web sites to advertise their services and their listings incorporating pictures of homes, tours, promotions, property information and MLS listings. It is very important that licensees include their Web site name in all advertising efforts; sites should incorporate direct-response marketing and should include effective branding techniques. Because many people begin their online search for a home with search engines, site operators need to optimize their sites. Site operators can create VOWs or integrate IDX on their Web sites to incorporate MLS searches.
Web sites are designed primarily to generate contacts. In many cases Web site visitors first contact a real estate professional by email. Thus, it is crucial that real estate Web site owners master their email skills. This course offers specific advice on how to use email effectively and discusses spam and its implications for real estate professionals.
The Internet presents an unprecedented opportunity for real estate professionals. Licensees and firms can create Web sites to advertise their services and their listings incorporating pictures of homes, tours, promotions, property information and MLS listings. It is very important that licensees include their Web site name in all advertising efforts; sites should incorporate direct-response marketing and should include effective branding techniques. Because many people begin their online search for a home with search engines, site operators need to optimize their sites. Site operators can create VOWs or integrate IDX on their Web sites to incorporate MLS searches.
Web sites are designed primarily to generate contacts. In many cases Web site visitors first contact a real estate professional by email. Thus, it is crucial that real estate Web site owners master their email skills. This course offers specific advice on how to use email effectively and discusses spam and its implications for real estate professionals.
Colorado Education Requirements
State Laws
Pursuant to the recent legislative changes in House Bill 08-1212 including Colorado Revised Statutes 12-61-110.5, effective April 17, 2008, licensees are now required to complete 12 hours of the mandatory 4-Hour Annual Commission Update Course prior to applying to renew an active license, activate an inactive license or reinstate an expired license to active status. Licensees must complete 12 hours of the 4-Hour Annual Commission Update Course during the three-year renewal cycle under the following circumstances:
1) A real estate broker’s license expires on April 17, 2008. The licensee must complete 12 hours of the update course by their anniversary date April 17, 2011.
2) When a real estate broker’s license expires after April 17, 2008, the licensee must complete 12 hours of the 4 hour mandatory update course during the licensee’s new three-year renewal cycle.
The remaining licensees who, as of April 17, 2008, are in a partial three year renewal cycle must complete only 8 hours of the 4-Hour Annual Commission Update Course prior to applying to renew an active license, activate an inactive license or reinstate an expired license to active status. However, once the license is renewed, the licensee must complete 12 hours of the update course during the new three-year renewal cycle. Please note: The 4-Hour Annual Commission Update Course is not the Mandatory Ethics Course that is often offered by the local Board of Realtor Associations. The Mandatory Ethics Course receives elective credits, not credit toward the 4-Hour Annual Commission Update Course.