DE Broker Course

Description

ZOOM; DE/21 credits/Modules 1-7 (with successful completion of course including passing exam); Instructors: Stephen Marcus; Barbara Brodoway, Esq., Mark Randolph. This course is the 99-hour broker course that will begin on September 14th and end December 7th. It will be held Mondays (10AM to1 PM), Wednesdays (10 AM to1 PM) and Thursdays (6 PM to 9 PM). A minimum of 12 is required to hold the course. Early bird registration ends July 27th and registration for the course ends August 11th.

ATTENDANCE POLICY Students may miss four sessions, (a session is equivalent to three classroom hours) and still successfully complete the course. course.

REFUND POLICY: Full refunds may be obtained until the second class. Partial refunds will be given according to Delaware Code, Title 14, Ch. 85, §8505, (4)which states: “For the student who enters a private business and trade school course of not more than 12 months in length terminates or withdraws, the school may retain $100 of tuition and fees and the minimum refund of the remaining tuition will be: (A) After 0.01 percent enrollment time of the course, 80% of the remaining tuition; (B) After 5 percent to 9. 9 percent enrollment time of the course, 70% of the remaining tuition; (C) After 10 percent to 14.9 percent enrollment time of the course, 60% of the remaining tuition; (D) After 15 percent to 24. 9 percent enrollment time of the course, 55% of the remaining tuition; (E) After 25 percent to 49. 9 percent enrollment time of the course, 30% of the remaining tuition; (F) After 50 percent or more enrollment time of the course, the student may be considered obligated for the full tuition. Enrollment time is the time elapsed between the actual starting date and the date of the student’s last day of physical attendance in the school.”

SUCCESSFUL COMPLETION OF COURSE: Successful completion, as established by the Delaware Real Estate Commission, is defined as: (1) student has met attendance requirements; and (2) student has received a 75% passing grade. Both requirements must be met in order to be eligible to take the Broker’s Licensing Examination.

LICENSING REQUIREMENTS:

1. Meet an experience requirement by having practiced real estate as a licensee for a continuous period of five (5) years immediately prior to applying for the license and have accrued at least 30 qualified sales transactions within the past five (5) years.

2. Complete a 99 hour broker's course accredited by the Delaware Real Estate Commission. 3. Pass the two part standardized broker licensing examination which is administered by a professional testing service.

4. Submit the original application distributed by the testing service upon successful completion of the examination to the Commission within one year of the completion of the broker course. The pro-rated license fee payable to the "State of Delaware", a copy of your broker course certificate, and any other documentation listed on the application must be included with your application in addition to a current original personal credit report from a major credit reporting bureau, and a list of 30 sales transactions made within the last five (5) years certified by the broker of record at the time of the transactions. The format for the list of sales includes the buyers' and sellers' names, address of the property, type of property, price, date of settlement, and signature of the broker of record.

5. Submit an affidavit that the applicant has not engaged in any acts or offenses that would be grounds for discipline pursuant to 24 Del. C., Chapter 29 ' 2907(a)(4).