The deadline to get all 12 hours of your continuing education for this license year is June 30. That’s roughly two months from now. Will you make it?
Per the Indiana Real Estate Commission, brokers are required to complete 12 hours of education each license year (July 1 – June 30) to maintain their license.
Education can be earned through a variety of subjects including:
- Commercial Real Estate – Legislative Issues, Land Development, Financing, and more
- Appraisal
- Land Development
- Law – Anti-trust, license and escrow, civil rights, agency.
- Contracts
- Ethics/Professional Standards
- Settlement Procedures
- Property Management
- Farm Property Management
While there are no longer mandatory and elective requirements, Managing Brokers ARE required to have a minimum of 4 hours each year dedicated to skills needed by managing brokers. The education provider can confirm if a class is eligible for managing broker credit.
All the requirements above can be met by attending ICBR’s annual Indiana Commercial Real Estate Conference May 5-6.
The one exception to these licensing rules is brokers who earned their license after June 30, 2014. If you are a new broker, you have a completely different set of requirements to start with.
New licensees are required to complete 30 hours of post-licensing education in specific subject areas within the first two years of being licensed.
So don’t wait – make sure you are on track to complete your education today.