Salespersons & brokers; Real Estate Board to adopt regulations establishing educational requirement. (HB2064)

Introduced By

Del. Kirk Cox (R-Colonial Heights)

Kirk Cox (R-Colonial Heights)
Served: 1990–

Progress

☑
 Introduced
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 Passed Committee
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 Passed House
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 Passed Senate
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 Signed by Governor
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 Became Law

Description

Department of Professional and Occupational Regulation; Real Estate Board; educational requirements for salespersons and brokers. Increases from 16 to 24 the number of continuing education hours that must be completed by a broker during a two-year license term. The bill also (i) requires a minimum of three hours of continuing education for salespersons and brokers to be on ethics and standards of conduct, (ii) provides a breakdown of the continuing education curriculum, (iii) changes from two years to six months the time in which a new licensee must complete the Board's 30-hour educational curriculum, and (iv) provides for the Board to develop regulations for ensuring the quality of real estate education and the requirements for proof of identity for applicants taking the principles of real estate examination.   View Full Text »

Status

03/23/2007: signed by governor
View Bill's History

Comments

Marty Martin writes:

I think this bill creates an undue hardship on new licensees to complete a mandatory training in too short a period of time. As a licensee I understand the costs of getting started in real estate and the amount of time it takes to get started. Requiring these courses in 6 months is too short a period of time.

Posted 37 months ago.
Jim Duncan writes:

This bill also requires brokers to maintain their education levels as well - which is a good thing.

Current real estate license laws have a near-negligently-low threshold for entry. The current 60 hours required to gain a license is laughable and serves only to reinforce the public's perception that anybody can get a license with little to no effort.

This bill will do what it intends to do - mandate a little bit of practical education.

Posted 37 months ago.
TrvlnMn writes:

...requires a minimum of three hours of continuing education for salespersons and brokers to be on ethics and standards of conduct,...

I think that should be 6 hours "on Ethics and Standards of Conduct" if they work for Real Estate-3.

Posted 37 months ago.