Short Sales Today
3 hours credit - Disclosure
At the conclusion of this course, the student will be able to more effectively assist the seller/borrower client in making informed decisions on short sale transactions. The student will be able to guide the seller to ask the questions and obtain information so they will have the information they need to make this decision. The student will also be able to more effectively recognize any “red flags” or problem areas to advise their client about in these transactions. In addition, the student will be able to provide more information to the lender so that the lender will have a more complete perspective on the transaction. Finally, the student will be able to advise their client of all of their options including those other than a short sale.
| Summary of Sessions | |
| Session 1 | KEY PLAYERS AND AGENT'S ROLE |
| Session 2 | SHORT SALE BASIC PREREQUISITE |
| Session 3 | BROKER PRICE OPINION AND ASSEMBLING INFORMATION |
| Session 4 | PERSUADING THE LENDER & ALTERNATIVE OPTION FOR BORROWER |
| Session 5 | IMPORTANT SHORT SALE DISCLOSURE TO BUYERS AND SELLERS |
| Session 6 | SHORT SALE LISTING AND PURCHASE CONTRACT ADDENDUM |
Course Documents and Reference Materials
In order to pass this class and receive your Educational Certificate, the student must complete all sessions by reading the material online and completing the quizzes at the end of each session. After all sessions have been completed, the student can then proceed to take their Final Exam, which consists of 25 questions based on the completed sessions.
You must pass the Final Exam with a score of 80%, which will indicate that you have read and completed your assignments. You can retake the final until you pass.
Once you pass your Final Exam, you can then click on the Certificate Link and
receive your Educational Certificate for 3 hours of credit in Disclosure, IMMEDIATELY.