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840 Kinner St., Castle Rock, CO 80109 (303) 688-0941 info@derarealtors |
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The Commission's FAQ's regarding education
Pursuant to the recent legislative changes in House Bill 08-1212 including Colorado Revised Statutes 12-61-110.5, effective April 17, 2008, licensees are now required to complete 12 hours of the mandatory 4-Hour Annual Commission Update Course prior to applying to renew an active license, activate an inactive license or reinstate an expired license to active status. Licensees must complete 12 hours of the 4-Hour Annual Commission Update Course during the three-year renewal cycle under the following circumstances:
1) A real estate broker’s license expires on April 17, 2008. The licensee must complete 12 hours of the update course by their anniversary date April 17, 2011.
2) When a real estate broker’s license expires after April 17, 2008, the licensee must complete 12 hours of the 4 hour mandatory update course during the licensee’s new three-year renewal cycle.
The remaining licensees who, as of April 17, 2008, are in a partial three year renewal cycle must complete only 8 hours of the 4-Hour Annual Commission Update Course prior to applying to renew an active license, activate an inactive license or reinstate an expired license to active status. However, once the license is renewed, the licensee must complete 12 hours of the update course during the new three-year renewal cycle. Licensees are still required to meet the full 24 hour education requirement within each renewal cycle, and must complete the remaining hours in elective credits. In other words, if completing 12 hours of commission update course credits, the licensee must also complete 12 elective hour credits. If completing 8 hours in commission update course credits, the remaining 16 must be completed in elective hour credits. Please note: The 4-Hour Annual Commission Update Course is not the Mandatory Ethics Course that is often offered by the local Board of Realtor Associations. The Mandatory Ethics Course receives elective credits, not credit toward the 4-Hour Annual Commission Update Course.
DERA’s Vision and Mission Statements
Vision
The Vision of the Douglas Elbert REALTOR® Association is to revolutionize the Real Estate profession to elevate the public’s trust and confidence.
Mission
Our Mission is to empower our members to be community and industry leaders through the promotion of ethical conduct, professionalism and community involvement.
We provide innovative education, training and resources.
We are advocates for our communities, industry and our members.