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Wholesaling in Today's Market (General)

$39
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 3 Required: 0 Total Hours: 3
Description
State Requirements

Real estate wholesaling is not a new concept. However, the practice, regulation, and public perception of wholesaling have changed significantly in recent years. For real estate professionals navigating a market where wholesaling is becoming more popular and increasingly problematic, understanding its legal, ethical, and professional implications is more important than ever.

This three-hour course provides a straightforward examination of wholesaling: how it operates, when it crosses legal and ethical boundaries, and why it faces greater scrutiny from lawmakers and the public. You’ll examine how some investors use wholesaling as a legitimate and transparent strategy to build wealth, while others exploit it to bypass licensing requirements, mislead sellers and buyers, and disrupt housing stability, particularly in vulnerable communities.

Whether you are new to wholesaling, advising clients involved, or simply looking to avoid legal issues, this course is designed for you.

Course highlights include:

  • Foundational principles of wholesaling
  • Strategic uses of wholesaling
  • State laws and licensing implications of wholesaling
  • Red flags to indicate predatory wholesaling practices
  • When wholesaling becomes illegal
  • Ethical wholesaling
  • Collateral damage of wholesaling
  • Legal and civil penalties
  • Effects of predatory wholesaling on housing market
  • Real-world cases, interactive scenarios, and activities to understand wholesaling in your real estate practice

Package Content:

State Requirements For Nevada

Nevada Requirement Detail for Real Estate Continuing Education

Renewal Date: Every two years by the last day of the month in which you first obtained your license.

Hours Required By The State: 36 hours

SALESPERSON SUBSEQUENT RENEWALS

Proof of completion must be submitted to the Division. The 36 hours must be taken in the following categories:

  • 3 hours Agency
  • 6 hours Contracts
  • 3 hours Ethics
  • 3 hours Nevada Law
  • 3 hours Risk Reduction
  • 18 Hours General (Business Broker permit holders must include the 3 hours of CE for permit renewal; Property Management permit holders must include 9 hours of CE for permit renewal)

At least 18 of the required 36 hours must be taken through live instruction.

Please note: No more than 3 hours in each two-year period may be taken in Personal Development courses.

The CE Shop's Offering: 36 hours (only 18 hours can be taken online)

The following courses are considered Personal Development courses:

  • Personal Safety
  • Roadmap to Success: Business Planning for Real Estate

The CE Shop does not currently offer courses to satisfy the requirements specific to the Business Broker Permit or Property Manager Permit.

Reporting: The state requires course completions to be reported to the state. We will report your course to the state upon completion.

Expiration Date of Course: Course expiration dates vary by course. Each individual course will have an expiration date listed in your account. See Terms & Conditions for more details.

Certificates: Immediately upon course completions, The CE Shop will provide students with an electronic copy of the course certificate of completion. Certificates will remain in your account for a minimum of five years, should you need additional copies at a later time. Please refer to your application to determine if you need to submit your certificate(s) of completion. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

Final Exams: Final exams must be passed with a minimum of 75% and may be taken as many times as necessary in order to pass. 

License Renewal Process: The process to renew in this state is to log in to the licensing system online and follow the prompts to renew.

Post-Licensing: First-time licensees issued an initial license, except as defined by NAC 645.4442 Subsection 2, must complete 30 hours of Post-Licensing within the first 12 months immediately after initial licensing through live instruction. The CE Shop does not offer any of the Post-Licensing hours at this time.

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