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2015-2016 - Course 2 - Wisconsin State-Approved Offers to Purchase

2015-2016 - Course 2 - Wisconsin State-Approved Offers to Purchase

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Course Credit Hrs.
2015-2016 - Course 2 - Wisconsin State-Approved Offers to Purchase 3.00
2015-2016 Biennium
Description
Outline
Instructor
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  • This course is approved by the Wisconsin Department of Safety and Professional Services for three CE credits for 2015-2016 and includes various provisions of the WB-11 Residential Offer to Purchase such as financing, title, appraisal, and representations. Also discussed are the counter offer and multiple counter proposal.
  • This course is approved by the Wisconsin Department of Safety and Professional Services for three CE credits for 2015-2016 and includes NAR's ethics requirements incorporating Articles 1, 11 and 17 of the Realtor® Code of Ethics.  Also discussed are the fair housing laws.


    Section 1 – Provisions in Offer   
    • Financing contigency
    • Title and methods of transfer; title insurance
    • Appraisal contingency
    Section 2 – Representations in Offer 
    • Property condition representations
    • “As-is” transactions,  including licensee and seller disclosure obligations
    • Property damage between acceptance and closing
    • Fixtures  v. personal property
    Section 3 – Statutes and Supplemental Forms   
    • Presentation of offer
    • Licensees drafting offers for multiple buyers on the same property
    • WB-46 Multiple Counter-Proposal
    • Withdrawal of offer
    •  WB-44 Counter-Offer
  • Instructor:
    Laurel Stone


    Laurel Stone is northeast Wisconsin’s recognized leader in real estate education. Owner of the Laurel Stone School of Real Estate, she specializes in continuing education and pre-license Salesperson and Broker education. She has taught well over 5000 students since she began teaching in 1988. Prior to teaching she was active in various aspects of real estate, including real estate exchange and marketing sessions in Pennsylvania and Washington, D.C., property management, buyer representation in commercial transactions, and office management. She has also owned and operated her own real estate company.

Requirements


According to the Wisconsin Department of Safety and Professional Services (DSPS):

“All licensees must complete 18 hours of continuing education in each biennium through six approved 3-hour courses. Courses 1, 2, 3 and 4 and two elective courses are required.

Please review the Continuing Education Requirements for Wisconsin Real Estate Licensees from the DSPS. The above link also includes information on renewing an expired Wisconsin license.

Follow these links for additional continuing education information for Wisconsin salespersons and brokers.

The below courses are only approved for Wisconsin.


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