COURSE
DESCRIPTIONS
The following are descriptions of courses recently offered. Please
note that courses are not offered every year, and not all are currently
approved by the Department of State. Consult the current schedule
for this year’s offerings.
 QUALIFYING COURSES*
Salesperson (75 hours, test)
To
qualify
for licensure as a real estate salesperson, you must
satisfactorily
complete this
course (including the state-approved
course examination); pass the separate New York State Salesperson Qualifying Examination; and affiliate with a licensed broker.
The Professional Career Center offers the 75-hour Salesperson course in three segments, “Salesperson A, B and C.” Segments may be taken in any order; but the full course and exam must be completed successfully within six months of starting the program.
Segment "A" (24 Hours) covers License law and Regulation; the Law of Agency; Estates and Interests; Liens and Easements; Sales and Lease Contracts; and Valuation. Segment "B" (24 Hours) covers Deeds; Title and Closing Costs; Real Estate Finance; Land Use Regulations; Construction and Environmental Issues; Human Rights and Fair
Housing; and Real Estate Mathematics. Segment "C" (27 Hours) covers Municipal Agencies; Property Insurance; Taxes and Assessments; Condominiums and Cooperatives; Commercial and Investment Properties; Income Tax Issues; Mortgage Brokerage; and Property Management.
The course examination is adminstered at the end of each segment, for those who have completed all three segments.
Real Estate Broker (45 hours, test)
To
qualify
for licensure as a real estate broker, you must have
at
least two years
of experience
as a licensed real estate salesperson or at least two
years of experience in the
general real
estate
field; have satisfactorily completed this course (including the state-approved examination) and the 75-Hour Salesperson Qualifying course*; and pass the separate New York State Broker Qualifying
examination.
Topics
include Management, Operation & Supervision
of the Broker’s Office; Real Estate Agency Disclosure;
Advanced Real Estate Finance; Real Estate Investment; General
Business Law; Construction & Development; Conveyance
of Real Property, Title & Closing Costs; Real Estate
Property Management;
and Taxes and
Assessments.
*Applicants who qualified as Salespersons prior to July 1, 2008 by completing a 45-hour Salesperson Qualifying Course must complete the 30-Hour "Remedial" course below to meet the 75-Hour requirement.
"Remedial" Course (30 hours, test)
This course is designed for Broker Candidates and students who completed the old 45-Hour Salesperson Qualifying course prior to July 1, 2008. It includes the topics added to the Salesperson Qualifying Curriculum: Municipal Agencies; Property Insurance; Taxes and Assessments; Condominiums and Cooperatives; Commercial and Investment Properties; Income Tax Issues; Mortgage Brokerage; Property Management; Contract Preparation; Predatory Lending and Pricing Properties.
“R-Series” NYS Licensed and Certified Residential Appraiser Courses*
New York State, in conjunction with the nationwide standards of the Appraisal Qualifications Board, has established three credentials for Residential
Real Estate Appraisers: Assistant Appraiser; Licensed Residential Appraiser and Certified
Residential Appraiser. The Professional Career Center offers all courses required to complete the educational component of these credentials
Assistant and Licensed Residential Appraiser Sequence
The following
courses complete the New York State educational requirement for both Assistant Appraiser and Licensed Residential Appraiser. Successful completion of the courses is required for the Assistant Appraiser credential. To reach the Licensed level, a candidate must also complete 2,000 hours of supervised experience over a period of not less than two years and pass the National Appraisal Qualifcations Board examination.
R-5 - Basic Appraisal Principles (30 hours, test)
R-6 - Basic Appraisal Procedures (30 hours, test)
USPAP - National Uniform Standards of Professional Appraisal Practice (15 hours, test)
R-7 - Residential Market Analysis and Highest & Best Use (15 hours, test)
R-8 - Residential Appraiser Site Valuation and Cost Approach (15 hours, test)
R-9 - Residential Sales Comparison and Income Approaches (30 hours, test)
R-10 - Residential Report Writing and Case Studies (15 hours, test)
Certified Residential Appraiser Sequence
The following
courses complete the educational requirement for a Licensed Appraiser to become
a Certified Residential Appraiser. Successful completion of the courses; plus an additional 500 hours of supervised, certified-level experience; successful completion of the National Appraisal Qualifcations Board Certification examination; and an Associates Degree (or a package of 21 credit hours in specified courses) qualifies an individual to apply for the Certified Residential Appraiser credential.
Statistics, Modeling and Finance (15 hours, test)
R-11 - Advanced Residential Applications and Case Studies (15 hours, test)
RE- 2 - Fair Housing, Fair Lending and Environmental Issues (20 hours, test)
* This is summary information. For complete
information on licensing requirements and qualifying course curricula, consult the New York State
Department of State or visit www.dos.state.ny.us
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CONTINUING
EDUCATION
FOR REAL
ESTATE AGENTS & BROKERS
Commercial
Real Estate Overview (7.5 Hours)
A structured overview
of the concepts and analytic tools used in commercial real estate
transactions that will benefit both current practitioners and newcomers
to the field.
Environmental
Issues in Real Estate Practice (7.5 Hours)
Environmental
concerns have a significant impact on property value. This course
provides real estate professionals with the ability to recognize
potential environmental liabilities associated with real property,
as well as an understanding of potential remedial actions and their
cost.
Red
Flags Property Inspection (7.5 Hours)
This
course prepares real estate professionals performing walk-through
inspections to recognize visual signs and indications that might
point to potential defects in major structural elements such as
foundations, floors, walls and roofs.
Market
Analysis (7.5 Hours) Using
fundamental appraisal principles and illustrative examples, this
course focuses on the practical application of techniques and procedures
to help students master real estate market analysis.
Fair
Housing in Law and Practice (7.5 Hours; meets three-hour Fair Housing Requirement)
An overview of fair housing laws; discriminatory housing
practices; and HUD interpretations. Focuses on the 1988 Fair Housing
Amendments Act; current case law; and penalties for violations.
Income
Taxes and Real Property Ownership (15 Hours)
Provides
a working knowledge of income tax law and clarifies issues likely
to arise in the real estate profession, including deductions for
mortgage and home equity interest, home office and real estate tax;
taxes on real estate investments and transactions, second homes
and rental properties.
Critical Legal Issues Real Estate Practice (7.5 Hours; meets three-hour Fair Housing Requirement)
Identifies
potential liability in real estate practice -- nondisclosure, unauthorized
practice of law, environmental, fair housing, ADA, and antitrust
-- and outlines strategies to limit exposure including education,
shifting, anticipating and controlling risk.
Buyer Agency (7.5 hours)
An
overview of the concept of buyer agency and its integration with
existing real estate practices.
Property Management (7.5 hours)
An
overview of the fundamentals of property management emphasizing
effective management plans and practical strategies to manage risk.
Mortgage Fraud (7.5 hours)
Provides real estate professionals with an understanding of mortgage fraud; how to avoid becoming inadvertently involved in fraudulent activities; and how to protect clients from mortgage fraud. The course includes key indicators of fraud, strategies for avoiding common schemes and real-life examples of mortgage fraud.
Real Estate Investment Strategies
(22.5 hours; meets three-hour Fair Housing Requirement)
Introduces different types of
real estate ownership and the financial and income tax ramifications
of each. Presents with practical examples the fundamentals of feasibility
studies; financial analysis of real estate investments; and sources
and types of financing. Examines specific considerations related
to investing in various properties, including residences, commercial
buildings, industrial properties, etc.
Includes a module on Fair Housing and Equal Access requirements in rental and commercial properties.
Elements
of Commercial Leases (15 hours) An
in-depth examination of commercial leases from the perspective of
both the lessor and lessee.
Basic Appraisal Principles (R-5, 30 hours, test) The
first course in the Appraiser licensing sequence is approved for
continuing education credit to provide salespersons and brokers
with a better understanding of appraisal practice.
Residential Architecture in CNY (15 hours) A
review of architectural styles found in Central New York and an
examination of architects’ work in the region.
Fair
Housing, Fair Lending & Environmental Issues (RE-2, 20 hours,
test; meets three-hour Fair Housing Requirement)
This Appraiser licensing course is approved
for continuing education credit for salespersons and brokers. It
reviews the impact of these issues on property value.
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COMPUTER-BASED
INSTRUCTION MODULES
On-line
courses may be accessed from any computer connected to the internet;
a high-speed connection is highly recommended. When you register,
you are provided a password so that you may access your course at
your convenience. Click
here for our ON-LINE Real Estate and Appraisal
Continuing Eduction course offerings.
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CONTINUING
EDUCATION FOR APPRAISERS
NOTE: Licensed or Certified Appraisers who have not previously taken 2008 qualifying courses (R-7 and above) may take them for continuing education credit. Note, however, that you must pass the course exam and still complete the 7.5-hour USPAP Update for license renewal.
USPAP
Update (7 hours)
The National USPAP Update course, presented under license from The
Appraisal Foundation. Required for license renewal.
FHA
and VA Appraising (15 hours)Reviews
the historical and present needs for the FHA and VA mortgage programs
and presents a detailed review of FHA property and appraisal requirements;
VA protocols; and the steps required to qualify as an FHA Roster
Appraiser and VA Panel Appraiser.
Residential Report Writing (15 hours)
This
course reviews theories, techniques, and procedures to enhance understand
the appraisal report process and how to use various residential
forms and reports for appraisal, including the "new" URAR.
Through theory and hands-on examples of appraisal processes, the
course will provide practical application of real estate appraisal
procedures.
Market Analysis (7.5 hours)
Using
fundamental appraisal principles and illustrative examples, this
course focuses on the practical application of techniques and procedures
to help students master real estate market analysis.
Highest and Best Use (7.5 hours)
This
course covers the two-step analysis and the four tests of highest
and best use in detail and uses practical examples and a brief case
study to work through their application.nts the process, forms and
documentation required to establish the value of jointly-owned property.
Mortgage Fraud (7.5 hours)
Provides real estate professionals with an understanding of mortgage fraud; how to avoid becoming inadvertently involved in fraudulent activities; and how to protect clients from mortgage fraud. The course includes key indicators of fraud, strategies for avoiding common schemes and real-life examples of mortgage fraud.
Using
the New URAR (7 hours)
This course is designed to assist experienced appraisers as they
transition to the new Uniform Residential Appraisal Report Fannie
Mae Form 1004 (Freddie Mac Form 70), which will be required by Fannie
Mae for all appraisals after November 1, 2005. In a line-by-line
case study review, it focuses on changes from the form that has
been in general use since 1993; the reasons for those changes; and
the impact of new reporting requirements on the physical inspection;
record-keeping requirements; and USPAP compliance.
Eminent Domain (8 hours)
Introduces the fundamentals
of eminent domain appraising. Basic terminology and “before
and after” appraisals will be reviewed. Concepts such as direct
and indirect (or “severance”) damages, benefits to the
remainder, the “larger parcel,” and compensable and
non-compensable damages will be covered. Case studies and exercises
illustrate key concepts.
Dislosure & Disclaimers (8 hours)
Designed to assist professional
appraisers in increasing credibility and promoting the highest level
of trust in appraisal reporting practices by reviewing requirements
for proper disclosure and disclaimers in appraisal reporting assignments.
Expert Witness (20 hours)
Proper
ways to represent a company when asked to serve as a witness or
real property expert in a court of law.
Value of partial interest (20 hours)
Presents
the process, forms and documentation required to establish the value
of jointly-owned property.
R-7 - Residential Market Analysis and Highest & Best Use (15 hours, test)
R-8 - Residential Appraiser Site Valuation and Cost Approach (15 hours, test)
R-9 - Residential Sales Comparison and Income Approaches (30 hours, test)
R-10 - Residential Report Writing and Case Studies (15 hours, test)
Statistics, Modeling and Finance (15 hours, test)
R-11 - Advanced Residential Applications and Case Studies (15 hours, test)
RE- 2 - Fair Housing, Fair Lending and Environmental Issues (20 hours, test)
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