Extra! Extra! Read all about it! The 2012 CREC Mandatory Update is hot off the press, and there’s no better time to take it than right now. Since 2009, the Colorado Real Estate Commission has released one version of the Mandatory Update per year. Those Real Estate Brokers who are in the habit of taking the Mandatory Update in the 4th quarter (because that’s when the CREC used to modify the course) should consider changing that habit. Take the Mandatory Update early in the year – when it’s actually new – as opposed to at the end of the year, when it’s largely outdated.
The only exception to this suggestion would be during a Broker’s renewal year. For example: if I were to renew in May 2012, I’d want to consider if I have THREE DIFFERENT VERSIONS of CREC Mandatory Updates within my cycle. That would mean I took the 2009 version AFTER May (my last renewal date), and I have 2010 and 2011 course certificates. If that’s the case, then perhaps I want to take the 2012 version AFTER May so that it counts towards my next cycle. If I do choose to take it prior to May, the 2012 version would count as elective hours in this cycle.
A quick review of CE requirements:
24 hours total in your three-year cycle, of which 12 hours are CREC Mandatory Updates (different versions) and 12 hours are approved electives.
So sign up for the 2012 CREC Mandatory Update as soon as possible, and check it off your annual to-do’s!