REAL ESTATE LICENSE RENEWAL CONTINUING EDUCATION REQUIREMENTS
Every license shall expire every three years on the last day of the month following the licensee's birth month, and shall be renewed on or before that date.
A. All active and inactive Associate Brokers and Qualifying Brokers shall successfully complete thirty (30) credit hours of continuing education in courses approved by the commission during each licensing cycle.
B. As of January 1, 2007, all Qualifying Brokers, whether active or inactive, must take the four (4) hour Qualifying Broker Refresher course. This also applies to people who have had the continuing education education requirements waived because they are over 65 and have more than 20 years as a licensee. There is no credit for this course, however the license will not be renewed without a Qualifying Broker (whether active or inactive) taking this class.
C. First Renewal Cycle Licensees who were licensed as Associate Brokers for the first time on or after January 1, 2006, must complete a minimum of 10 Education CE credit hours during the first year, a minimum of 20 Education CE credit hours before the end of the second year, a minimum of 30 Education CE credit hours before the renewal deadline, and must pass a First Renewal Cycle Examination.
Whitaker Real Estate Education offers the following courses approved for First Renewal Cycle Licensees:
Anatomy of a Purchase Agreement - Course #9
4 First Cycle Renewal creditsBoot Camp - New Associate Basic Training - Course #15
16 hours, 10 First Cycle Renewal creditsClear the Confusion: Offers (Multiple, Counter, etc) - Course #421
4 First Cycle Renewal creditsContract Negotiations - Course #30
4 First Cycle Renewal creditsNMREC Mandatory Course - Course #1
8 Mandatory CE credits - separate examination required
D.
All Associate Brokers and Qualifying Brokers shall successfully complete the approved eight (8) credit hour real estate commission mandatory course during each licensing cycle. Of the remaining twenty-two (22) credit hours, ten (10) credit hours may be credited toward the continuing education requirement from approved training courses. At least twelve (12) credit hours must be taken from approved education courses; however, all twenty-two (22) credit hours may be taken from the list of commission-approved education courses.
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3/27/08