JULY 11, 2023
4:00 PM – 7:00 PM EST
1 CE CREDIT
FREE
In-Person Only at TiedIn Studios
371 S Oyster Bay Rd. Plainview, NY 11803
Requirements For NYS Licensed Real Estate Salespersons, Brokers, And Realtors
Education requirements for license renewal have changed. Real estate licensees whose licenses expire before July 1, 2021, must complete at least 22.5 hours of continuing education (CE) credit including three hours of fair housing and one hour of agency (two hours if you’re in your first license cycle). REALTORS® must also take an approved Code of Ethics course every three years. All licensees whose licenses expire on or after July 1, 2021, are required to take 22.5 hours of CE credit including three hours of fair housing, one hour of agency (two hours in the first license cycle), two and a half hours of ethical business practices (includes NAR Code of Ethics training) and one hour of recent legal matters (may include statutes, laws, regulations, rules, codes, DOS opinions and decisions, and court decisions). Brokers who were previously exempt from earning CE credit will no longer be exempt when they renew their licenses after July 1, 2021.
This course satisfies the Fair Housing requirement.
What you will learn
Real estate agents can help veteran and active military families become smarter and more prepared
homebuyers and after attending this class will be able to accomplish the following:
- Describe the benefits and challenges for homeownership.
- Define upfront costs of homeownership.
- Describe financial preparations for homeownership.
- Explain what Credit is, and Why Is It Important
- Explain what Kind of Credit Do I Need?
- Where to Start: Lender or Real Estate Agent?
- Explain VA Loan Eligibility
- Finding a VA Lender
- Finding a Real Estate Agent
- Define properties You Can Purchase with a VA Loan
- Explain Occupancy Requirements
Lecture Outline
- History of the VA Home Loan Guarantee – 10 minutes
- Who is Eligible? – 5 minutes
- Who can Finance? – 5 minutes
- What can be Financed? – 10 minutes
- Explain what Kind of Credit Do I Need?
- Why Use the VA Loan? – 10 minutes
- VA Loan Myths – 15 minutes
- What is a VA Funding Fee? – 10 minutes
- How Valuable is Your BAH Entitlement? – 10 minutes
- Steps to a Successful VA Closing – 15 minutes
About Our Instructors
Gus Floropoulos
After studying Economics at Hofstra University, Gus obtained a series 7 and series 63 licenses as a financial advisor. After 4 years as a professional money manager, Gus entered the mortgage lending industry to offer his skills of money management to consumers seeking financing for real estate. He continued to provide both services until 2005 where he decided to commit completely to mortgage lending. With more than 20 years of experience in the financial services sector, Gus has the experience and knowledge to assist in the many different areas of real estate finance from residential mortgages, commercial and construction financing, complex asset based collateralizations, and non-collateralized loans. As a seasoned financier with extensive knowledge and dedicated to customer service, Gus works hard to understand the needs and goals of each of his clients. He examines the situation from their eyes to ensure he is providing the best services available while educating them on the mortgage process with the end goal of a successful transaction and happy customer. Gus resides in Dix Hills, New York with his wife and their 5 children. His family is active in their church and the community. Gus’ love of sports and educating his children about them has led him to coaching many teams throughout the years.
Our Philanthropic Partner
