With the holidays behind us, it means that 2010 is in full force. Along with your usual resolutions of more closings, weight loss and a gym membership, be sure to include a commitment to education. As a reminder, the Colorado Real Estate Commission is increasing the number of audits for continuing education credits, so don’t be caught off guard. Here’s a quick checklist as to what those requirements are:
- 24 hours within a three-year cycle
- Of that 24 hours, 12 hours must be different versions of the CREC Mandatory Update*
- The remaining 12 credits may be elective courses, including the NAR Ethics Update class
*Remember that once a version of the CREC Mandatory Update is expired, you can no longer take the course. It is impossible to go back and take past classes that you’ve missed. This is the one class that you do NOT want to miss; if you fall short on this requirement, your options are far from enticing. Taking the 24-hour Broker Administration course or the Colorado portion of the exam are just a couple of your choices. If that sounds appealing, then by all means, gamble!
As a side note, make sure you know when your license expires. The CREC will not send you a reminder when it’s time for you to renew. If you miss your date, you will expire, and then will be required to pay fees, complete paperwork and whatever else to reactivate.