What Is The Real Estate MLS
One of the rarely discussed topics in Real Estate School is the Multiple Listing Service, or MLS. The MLS is software that Agents and Brokerages can participate in that encourages cooperation between real estate brokerages and outlines how fees will be shared. All other services the MLS provides are secondary to these. In short, when you represent a buyer in a real estate transaction that is listed by another member of the same MLS, there is an written arrangement you will get paid a commission of the amount specified in the listing documentation.
Other Considerations:
In some instances the MLS provides additional resources, such as data on past real estate transactions that can be used for comparative market analyses. It is also not uncommon for them to provide showing services, lockboxes, forms, listing syndication and other integrations. While offered as a service an agent is not required to use the products. Each MLS provides their own offerings as directed by the members.
Service Area:
The MLS is not actually a single entity nationwide, but each geographic region typically has their own. For example, Las Vegas, Nevada has their own MLS and in some instances, a real estate agent may participate and be a member in several, or none at all. Many real estate companies do not participate in an MLS at all, including commercial real estate brokerages and boutique shops.
Fees:
Being a member of a multiple listing service does have a cost. Depending on the area, you should expect the MLS itself to cost between $50 and $200 per month. In some markets, the MLS fees are incorporated into the local board of realtor fees.
Utah 3 Hour Required Course – Mandatory Residential Course
The Utah Division of Real Estate now requires a new 3 hour Mandatory Residential Real Estate Course in order to renew your license after January 1st, 2020. This 3 hours is a core class. 9 of the required 18 credit hours must be core, and this counts for 3 of the 9 core classes. This course covers various aspects of the Utah Residential Purchase Contract (REPC). Many schools chose rush the course together within weeks of the Utah Division of Real Estate's training of instructors and providing the outlines, however ARTI® Academics has been busy assembling the best instructors and preparing course material for you that will be engaging, fulfilling, and propel your success for years to come. Rome wasn't built overnight!
Why Is This Course Required?
In a nutshell, real estate agents need to be better trained on handling various real estate situations that arise. While each real estate transaction is unique, there are various aspects that are similar. Our class ensures that you are familiar with key provisions, areas of concern, misconceptions and scenarios around the Real Estate Purchase Contract. We are excited to begin offering this course in 2019 with plenty of time for you to complete prior to your next renewal.
When Can I Take The Mandatory 3 Hour Residential Course?
This course is currently in the construction phase and will be available to you before the end of 2019. This will provide ample time to complete prior to your renewal in 2020.
Will you be offering the 3 Hour Mandatory Property Management and Commercial Versions of this course?
We offer extensive training in the Property Management and Commercial Real Estate (coming soon) sectors. That being said, it is not currently in our roadmap to provide the 3 hour mandatory classes. The commercial real estate and property management industries are very niche markets. If property management or commercial real estate is your practice, we recommend taking one of our highly sought after courses.
For additional information you can read the Division Newsletter Here:
https://realestate.utah.gov/real-estate/
Why is Real Estate continuing education (CE) essential and relevant?
Continuing education allows agents to learn and expand their skill set in addition to meeting licensure requirements. The real estate industry is continuously experiencing changes and evolving; it is imperative for agents to be up-to-date with new regulations and learn new techniques. Most states require additional certification for existing licensees every two years. The continuing education classes on ARTI® Academics allows agents to acquire knowledge directly from experts in the field. These collaborative efforts were put together to provide an exceptional educational experience.
Why are the continuing education courses on ARTI Academics free?
It's FREE, forever, because we intend to provide a phenomenal educational experience, to all agents from various stages of the real estate industry. It's our objective to keep real estate professionals on the cutting edge in the industry. We want everyone to be able to learn about the industry and better serve clients.
Is there a payment plan for real estate school?
Are you searching for payment plans or repayment options for real estate school? ARTI Academics if free real estate education platform, forever. There is no need for payment options, coupons, or plans for Utah Real Estate school. Today must be your lucky day! Wahoo!
When Will My Continuing Education (CE) Hours Be Registered With The State?
If you have priority banking. Your continuing education credits are banked faster than any other school with our priority banking. You will receive an email when your completed course or certificate has been sent to the state. After we have reported the classes, it takes up to 72 hours to be updated with the state.
If you are an exclusive VIP member. As a VIP member you will always get your CE credits banked before anyone else. You are our top priority and will receive an email when your credits have been submitted to the state. Along with expedited banking, you also have access to our exclusive content. This means that you will have access to classes available only for VIP members.
Most states allow real estate schools up to 10 business days to bank the hours with the Division of Real Estate.
We can only register your course hours if we have your Real Estate License number in your profile settings in ARTI® Academics. If we do not have your real estate license number in the ARTI Academics profile setting, it will delay the processing as we will need to contact you for additional information.
If you have more questions please contact ARTI Support
What is the organizational structure of the courses?
The courses on ARTI® Academics are intentionally developed to create a climate where it fosters engagement and interactivity. We want our students to make personal connections to the material that is being taught. Our goal is to draw connections between the content that is being presented and align those key concepts with real life examples. The real estate courses are presented with video learning, quizzes, and slides. We are determined to always provide courses that are high quality with expert instructors and presented in an engaging manner.
Utah Real Estate School Coupons
Are you searching far and wide for coupon codes or promo codes to save money on Utah Real Estate school pre-licensing or continuing education? Search no more because at ARTI Academics, no coupons or promos are needed! Our real estate school is 100% free and always will be! Our educators and professional learning management software are the best in the industry and we're focused on your success.
For more information about how much it will cost to start selling real estate, click here.