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What are the penalties for not completing continuing education in missouri real estate

how much do real estate agentsmake

A, s (Active, Sale of Another Property)

The listing is still on the market and open for other offers. Depending on what's written in the offer, the first buyers will have a short time during which to make good on their offer, if they can.

What is the difference between contingent and active?

Active – The home is for sale, listed on the Multiple Listing Service (MLS). Contingent – The seller has accepted a conditional offer and the contingency or contingencies have not yet been removed. Pending – The home sale is moving toward finalization.

What is the difference between pending and active?

Active Under Contract vs Pending

When a property is listed as “active under a contract,” there are conditions/contingencies that must be met before the deal can close. However, when a property is listed as “pending,” all the contingencies have been met and the deal is on the road to being finalized.

Why does a house go from pending to active?

A real estate listing might go back to active from pending due to several reasons such as the buyer's financing falling through, inspection issues, or the buyer simply backing out of the deal.

Does active contingent mean sold?

When a property is listed as 'active contingent', it means the seller has accepted an offer on the home but the contingencies – such as an inspection or financing – have not yet been met.

What does active R mean on MLS?

Active – First Right:

This buyer has an opportunity to match any subsequent offers. As mentioned above, “active – first right” may also indicate that the buyer must sell their current property before purchasing the home in question.

What does active mean on real estate status?

When real estate agents list a property on the MLS, it will be listed as “active,” meaning that it's for sale and that the sellers are accepting offers. Once the sellers and buyers agree on a sale price and sign a purchase and sales agreement, agents update the listing on the MLS to “active under contract.”

Frequently Asked Questions

Why is education important in real estate professions?

An effective education builds your reputation as a knowledgeable and reliable real estate agent, increasing client confidence and fostering long-term relationships. Networking Opportunities: Educational programs often provide valuable networking opportunities with industry experts, mentors, and other professionals.

How many hours of continuing education are required for license renewal in Texas?

24 hours

Most licenses require 24 hours of continuing education every two years. Some license types require specific topics to be included. Three hours must be ethics-related. At least half of the hours must take place in a classroom or “classroom equivalent".

What degree is best for a real estate agent?

Popular majors for future real estate agents include marketing, finance, accounting, psychology, and business. Even though going to college isn't required, you may find it helpful to complete a degree or certificate program to gain knowledge that would help you succeed as a real estate agent.

How many hours of continuing education are required for license renewal in PA?

30 hours

30 hours of continuing education required for licensure renewal. Of those 30 hours, 2 hours must be Board-approved continuing education in child abuse recognition and reporting.

FAQ

Which of the following documents does a Pennsylvania broker need to retain for three years?

Which of the following documents does a Pennsylvania broker need to retain for three years? Most transaction documents and contracts must be retained for three years.

How many hours of state specific continuing education are required year in PA?
30 hours of continuing education are required. As a condition of biennial renewal, you are required to complete 2 hours of approved training on the topic of child abuse recognition and reporting from an approved provider.

What is the difference between active and pending in real estate?

When a property is listed as “active under a contract,” there are conditions/contingencies that must be met before the deal can close. However, when a property is listed as “pending,” all the contingencies have been met and the deal is on the road to being finalized.

What does active mean on realtor com?

For sale

“Active” means a property is for sale, and the seller is seeking offers. “Pending” means the property is still technically for sale, but someone has made an offer. The transaction is considered pending until the buyer actually closes escrow.

What are the penalties for not completing continuing education in missouri real estate

What does active sale mean?

Active sale means an active search and access to buyers or a specific group of buyers that are not situated in the area reserved for other parties to the agreement, conclusion of individual agreements, undertaking measures in order to offer the products to such buyers, establishment of affiliations, warehouses or

What does active mean on a house?

When real estate agents list a property on the MLS, it will be listed as “active,” meaning that it's for sale and that the sellers are accepting offers. Once the sellers and buyers agree on a sale price and sign a purchase and sales agreement, agents update the listing on the MLS to “active under contract.”

What is the meaning of active status?

Active status means (i) for employees, the absence of any interruption or termination of service as an employee, (ii) for Directors, that the Director has not been removed from the Board for cause (as determined by the Company's shareholders), and (iii) for Consultants, the absence of any interruption, expiration, or

What does it mean when a house goes from pending to active?

What does it mean when a real estate listing goes from pending to active? When a real estate listing goes from pending to active, it signifies that a previously agreed upon sale has not been finalized, and the property is back on the market for potential buyers.

  • Can you put an offer on active contingent?
    • In most cases, putting an offer in on a contingent home is an option to consider. Although it doesn't guarantee you'll close on the home, it does mean you could be first in line should the current contract fall through. Putting an offer in on a contingent home is similar to the homebuying process of any active listing.

  • What are the penalties for not completing continuing education in missouri real estate
    • Not completing your real estate CE on time can mean license suspensions, fees, and more, depending on your state. Learn how to easily stay up to date.

  • What does active i mean in real estate
    • An “active – no-show” status indicates that the property is currently available for sale; however, the seller has specified that the property may not be toured 

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