8.1 An application for course approval (on forms approved by the Commission), course outline, all applicable fees and any other documentation that may be required, must be filed by the course sponsor or provider, with the Division of Professional Regulation, Delaware Real Estate Commission, Education Committee, 861 Silver Lake Boulevard, Suite 203, Dover, Delaware 19904-2467, at least sixty (60) days prior to the date that the course is to be held. E-mail / Text Alerts Delaware Real Estate Terms in this set (132) 3 years How many years does a member of the DE real estate commission serve? Purpose of the Delaware Real Estate Commission. Paperwork processing takes 3-5 business days. The three 10 minute break periods, or a total of thirty (30) minutes, can be taken in any means felt appropriate by the instructor. Translations, audio clips, and summaries are available. 6.9.2.2 At least one approved instructor must be present when the specialist is providing instruction. The Commission may need to review and approve your application for licensure and will only review a complete application. He was the loving husband of Margaret H. (Peggy) Lingo, as well as a proud father . Delaware Marketplace Select the option for Submit Additional Documentation. Privacy Policy 4.3.1.6 The course provider must provide reasonable security to ensure that the student who receives credit for the course is the student who enrolled in and completed the course. 6.3 Course Outline a Total of 99 Classroom or on-line program plus Final Examination: 6.3.1 Brokerage (Sales Management and Business Management) (30 Hours): 6.3.1.2 Operating Philosophy - Listing Control, 6.3.1.3 Statutory Requirements Under Delaware Law, 6.3.1.5 Organizing and Opening an Office, 6.3.1.6 Sales Management, Recruiting, and Training, 6.3.1.9 Multi-Offer, Presenting the Offer, Negotiating, 6.3.1.10 Broker Responsibilities Under Licensing Law and Rules and Regulations of the Commission: 1) Escrow Deposits; 2) Licensing Including Display of License and Renewal Responsibility; and 3) Responsibility for Associates, 6.3.1.11 Organizing and Opening an Office, 6.3.1.16 Independent Contractor/Employee. Miami luxury real estate agent pleads guilty . Download member forms directly from our site with the following link: Looking to just access forms? (i) Each member of the Board shall be reimbursed for all expenses involved in each meeting, including travel, and in addition shall receive compensation per meeting attended in an amount determined by the Division in accordance with Del. How do I transfer a license? 4.3.1.4 The course software must include automatic shutdown after a ten minute period of inactivity. If the Commission accepts the Education Committees recommendation, the instructor may submit a written request for reconsideration to the Commission. 1.1.1 Pursuant to 24 Del.C. Mobile Apps The Commissions decision on a request for reconsideration is final and not subject to further review. Answers: 4. MMXXIII Delaware.gov, Professional License Services for Military Personnel, Continuing Education and Audit Information. 3.3.1 Each appointment shall be for three (3) full years. The Commission recommends that the CE Course Approval service request is submitted at least 60 days before the anticipated date of the course. Important: The Delaware Real Estate Commission has implemented changes pertaining to new education course requirements for new Salesperson licensees, effective May 1, 2022. If you are unable to reach us by phone, submit your inquiry via email at customerservice.dpr@delaware.gov. Public Meetings Applications are available from the Division of Professional Regulation via the website, www.dpr.delaware.gov. 4.4.1.2.3 The instructor will admit each student from the waiting room, one-by-one, and verify their identity by driver's license or other acceptable picture identification. 5.1 Purpose: To provide the prospective licensee with the background necessary to: 5.1.1 Understand the basics of real estate sales, law and mathematics. However, the fund's balance has to stay at more than $250,000 at all times, and if it ever dips below $250,000, the Delaware Real Estate Commission is required to charge all real estate agents . 12.3.3 At the next scheduled Education Committee meeting, the evaluations and any correspondence from the Instructor will be reviewed by the Members of the Education Committee. The instructor shall be considered an approved instructor. 7.2 Areas of Concentration for Acceptable Courses: 7.2.1 Courses of instruction and seminars, to be considered eligible for continuing education credit approval must be in one of each of the following Modules: 7.2.1.1 Module 1- Agency and Fair Housing, 7.2.1.2 Module 2 - Professional Standards, 7.2.1.3 Module 3 -Real Estate Documents, 7.2.1.4 Module 4 - Office Management, 7.2.1.5 Module 5 - Legislative Issues, 7.2.1.6 Module 6 - Practices of Real Estate. Voting & Elections This certificate must contain, but is not limited to, the following information: 9.7 The organization offering the course, shall, within fifteen (15) days after the completion of the course, provide a list of participants, their real estate license numbers (if applicable) and a copy of each student's course and instructor evaluation form and an evaluation summary report form to the Commission's Office. This is a one-time fee unless the fund balance falls below $250,000, at which point an assessment will be required. 6.3.6 Landlord Tenant Code/Property Management/Condominiums (9 Hours): 6.3.6.1 Landlord-Tenant Code: 1) Rights and remedies of landlord and tenant; and 1) The process of landlord/tenant litigation, 6.3.6.2 Property Management: 1) Types of tenancies and leases; negotiating leases: and 2) Aspects of property management, 6.3.6.3 Condominiums: 1) Condominiums/cooperatives; conversion requirements; types of ownerships; and 2) State statutes dealing with condominiums. Failure to complete the required periodic ethics training is considered a violation, resulting in suspension of membership until training is completed. Both licensees and CE course providers may request to have CE courses approved by the Real Estate Commission. The course provider shall provide the licensee with a certificate stating that Modules 1 7 have been satisfied upon successful completion of the brokers licensing course. 6.1.3 To prepare the experienced Delaware real estate sales agent to open an independent real estate brokerage firm and employ sales agents in his or her name. 1 4.4.1.9 Certificates of completion must be forwarded electronically or mailed to each student upon successful completion of all course requirements. Laws, c. 85, 15. Prior to commencement of instruction, students shall be notified of this prohibition and each student shall review and sign a recruiting acknowledgment log on a Commission approved form, which shall be retained by the provider for at least two years. 6.3.5.15 Sources of junior or secondary loans. Membership. 3.4.4 If the Commission denies a course or instructor application, the applicant may submit a written request for reconsideration to the Commission. When the commission receives complaints about a licensee, the commission itself, or the real estate profession from another licensee or a consumer, the commission will refer the complaint to the Division of Professional Regulation for a full investigation. If the licensee disagrees with the commission's decision, the licensee may appeal to the superior court within 30 days of the date the decision notice is mailed. They empower everyone to get more out of the MLS. (2) One of the professional members shall be an associate broker. Personal Income Tax Transparency Delaware Marketplace A completed application is necessary to begin the approval process for REALTOR Emeritus status, which must be completed by the candidates local association. Help Center Social Media, Built by the Government Information Center III, 9. 11.2 An instructor may be approved in more than one subject or topic area for a period of two (2) calendar years. 9.2 Organization and Facilities The sponsoring organization must have a designated individual responsible for the administration and coordination of the education program. More Info. You can purchase your 99-Hour Delaware Real Estate Pre-Licensing package from The CE Shop. Tax Center The commission maintains a real estate guaranty fund for situations in which aggrieved persons have trouble collecting the entire amount of the judgment. (f) A member of the Commission shall be suspended or removed by the Governor for misfeasance, nonfeasance, malfeasance, misconduct, incompetence or neglect of duty or for unprofessional or dishonorable conduct. Tax Center Instructors are encouraged to use sample contracts, sample leases, and sample settlement sheets. Read more. 4.4.1.4.1 There will be a class monitor assigned for every 25 students or portion thereof, and the monitor will assure that each student on camera is in compliance with all Guidelines. 4.4.1.2.1 A password and meeting number will be required for each class and will be included in the class invitation. Licensees with a revoked license must wait at least two years before they'll be considered for a new license. 5.9.3 General discussion of actual business practices on the part of the licensee to successfully conduct an agents business; i.e., compensation, hours, taxes, automobile liability, business liability, cooperation with other brokers and agents, and demands of public on agents time, expertise, and services. 7.3 In any biennial license period, up to three (3) credits applicable towards Module 5 may be obtained by Delaware Association of Realtors (DAR) members who serve on the State Public Policy/Committee provided that: 1) the member attends no less than eighty percent (80%) of the annual State Government Affairs Committee meetings; and 2) the DAR Executive Vice President or DAR President certifies attendance in the form and manner prescribed by the Commission. 4.3.1.2 The asynchronous course must require that the student demonstrate mastery of the learning objectives as designated for each lesson in order to successfully complete the lesson. 9.6.3 Monitors may be students for educational credit for that course. The school shall obtain signed acknowledgment from the prospective student that the notice and list have been received and said acknowledgment shall be retained by the school for at least two years. The new REALTOR Emeritus eligibility criteria shall be implemented as follows: In addition to the required forty (40) years of REALTOR membership: * Service is defined as serving as an officer, director, committee member, federal political coordinator, Presidents liaison or regional coordinator to a country with which NAR holds a reciprocal agreement. The types of service requests available to you depends on whether you hold a Delaware professional license or not. Business First Steps, Phone Directory 11.2 An instructor may be approved in more than one subject or topic area for a period of two (2) calendar years. (c) Each member shall serve for a term of 3 years, unless otherwise specified in this chapter; and may succeed himself or herself for 1 additional term; provided, however, that where a member was initially appointed to fill a vacancy, such member may succeed himself or herself for only 1 additional full term. 4.4.1.4.2 One of the following methods must be utilized to assure student compliance and engagement: 4.4.1.4.2.1 Screenshots taken at unannounced times to view each participant. DELPROS offers you the opportunity to submit a license or non-license request via a Service Request. 4.4.1.7.2 The instructor will sign and scan back the Course Provider Evaluation Form to the course provider for submission to the Commission. to download the Code of Ethics 021 Code of Ethics and Standards of Practice of the National Association of REALTORS. The Commission will also take into consideration recommendations or absence thereof of course providers, course coordinators, administrators and institutions that have employed the applicant. Any Questions? An hour is defined as fifty (50) minutes of direct contact and ten (10) minutes of break. Click below for a list of online interactive course that teaches you everything you'll need to take the real estate licensing exam, using real-life, inquiry-based scenarios. Voting & Elections 4.3.1.9 Instructors of asynchronous learning must receive the Distance Education Instructor Certification from IDECC (or its successor), which is a subsidiary of ARELLO, and submit verification of the certification to the Commission. More Info, To Apply for a DELPROS Service Request You must you must first have a DELPROS user account. However, students may miss four sessions, (a session is equivalent to three classroom hours) and still successfully complete the course. Conducting Audits Name something the DE Commission has the power to do 9 How many members are appointed to the Delaware Real Estate Commission? Public Meetings Broker members of the Commission shall have been active licensees for at least 5 years immediately prior to their appointment. Mobile Apps Each appointed committee member may succeed himself or herself for one (1) additional term. All REALTORS are required to complete a minimum of 2.5 hours of approved Code of Ethics training per three-year cycle. In making its decisions, the Education Committee shall follow the provisions contained in these guidelines. 7.1 General Requirements - An educational course to be approved as satisfying Delaware's real estate continuing education requirements must be an organized real estate related course, offered under responsible sponsorship, facilitated by an instructor approved by the Commission. To provide additional incentive for managerial achievement, the options are not exercisable unless divisional revenue increases by 5%5 \%5% in three years. The fast-growing real estate brokerage also announced the addition of two top-producing teams serving Baltimore and the D.C. region: Garner & Co. and Kilner & Kirk Group, who bring a combined 29 . If a violation occurs, the commission will investigate the complaint, hold a hearing, allow . 4.1 Prelicensing education and continuing education may be delivered in a traditional classroom setting or by distance learning, which may be asynchronous or synchronous. If the course type is for distance education. Communication by written postal correspondence alone is insufficient to satisfy the requirements of this Guideline. If an emergency arises, the "Chat" feature must be utilized to privately notify the instructor or monitor of the situation. 4.4.1.3.2 Depending on the class size, the time for admittance may be longer. 5.1.2 To provide the prospective licensee with a working knowledge of federal and state laws and regulations affecting the real estate profession. A member subject to disciplinary hearing shall be disqualified from Commission business until the charge is adjudicated or the matter is otherwise concluded. 8.3 Courses approved for Modules 1 6 automatically qualify for credit for Module 7. Phone - Fax - Email (302) 744-4500 (302) 739-2711 customerservice.dpr@delaware.gov Mailing address: Cannon Building, Suite 203 861 Silver Lake Blvd. Students are not required to submit a separate application for Module 7 approval for courses in Modules 1 6. Instructor attendance is not mandatory. 6.9.2 When a specialized topic is presented, it is encouraged that a specialist be used for that particular session, e.g., an environmentalist to cover environmental concerns including soil analysis, septic systems, etc. (d) No member, while serving on the Commission, shall be a president, president-elect, vice-president, secretary, treasurer, director or other elected official of a professional association for real estate service providers. As a member of The Delaware Association of REALTORS, you are part of an elite group of real estate industry professionals who not only serve their clients with professionalism and care but also safeguard private property rights and strengthen both our communities and our state. Only the Delaware Real Estate Commission shall have the power to approve or disapprove the application for a course offering or instructor approval. At no time will self-monitoring be permitted for Continuing Education Course. art. Applications for committee membership will be received by the Commission, via a letter of intent and a current resume 60 days prior to an anticipated vacancy. 3.3.2 A majority of the members holding appointed office at any given time members shall constitute a quorum; and no recommendation shall be effective without the affirmative vote of a majority of the quorum. 2906(a)(6). The types of service requests available to you depends on whether you hold a Delaware professional license or not. Laws, c. 463, 1-4; 67 Del. The provider must furnish the forms upon request from the Commission. Delaware Real Estate Summit. Both the provider and the student must certify in writing that the student has successfully completed the course. C. 1953, 2902; 57 Del. 5.16 Successful Completion - Successful completion is defined as: (1) having attended, and (2) having successfully completed the real estate legal, sales and mathematics examinations. (a) There is created the Delaware Real Estate Commission, which shall administer and enforce this chapter. 5.14.1.3 An individual knowledgeable in performing real estate business mathematics. 10.6 A person who applies for instructor approval for the first time may be approved to teach only one continuing education module. 5.6 The total 99 required salesperson pre-licensing hours may be taken through distance education. Find out why we are the top choice for industry leading brands. The commission also maintains standards of professional competence and service delivery. (b) The Commission shall consist of 9 members appointed by the Governor: 5 professional members, 3 of whom shall be licensed brokers, 1 associate broker, and 1 salesperson; and 4 public members. 5.14.4 Because there is some overlapping of material among the three major topics, it is desirable, where appropriate, that the course coordinator schedule a meeting of the instructors prior to orientation to: (1) coordinate the presentation of material, and (2) decide who will give major emphasis to specific topics. 6.6 Examinations: An end-of-course examination shall be developed and administered by the respective educational institution and/or instructor(s). 6.4 Successful Completion: Successful completion is defined as (1) has attended or on line program taken, and (2) has successfully completed an end-of-course examination. (3) hours, 5.12.5 Real estate geometry (area, volume) and the computation of heated square footage; calculation of depreciation, appreciation, and appraisal mathematics (market comparison vs. cost approach vs. income approach) (3) hours, 5.12.6 Computation of cash needed by buyer at closing and monies received by seller at closing (3) hours. Get free summaries of new opinions delivered to your inbox! 5.9.2 Delaware Real Estate Sales Licensing requirements. messages, often with photos attached, written to convince a seller to accept an offer. How Long does a Licensee have to appeal a decision made by the Commission? Jack died Friday, November 13, 2015 at the age of 91. 4.4.1.4.2.2 Polls that require responses by each student to assure their engagement which may address subjects just covered or be random questions to gain responses from each student in a short period of time. 5.14.2.2 At least one approved instructor must be present when the specialist is providing instruction. Weather & Travel, Contact Us The Delaware Real Estate Commission has the governing powers to approve or disapprove educational course offerings and instructor approval and reserves the right to suspend or revoke the privilege of conducting any educational course to any course provider(s) or instructor(s) who fail to adhere to the educational guidelines as established by the Commission. How do I change the name of [], How to Request Continuing Education (CE) Approval Both licensees and CE course providers may request to have CE courses approved by the Board. The Commission reserves the right to exercise its discretion in denying any applicant who has had a disciplinary action taken against him/her either by the Commission or by another real estate licensing authority. The Commssions statutory authority is in 24 Del. MMXXIII Delaware.gov, Professional License Services for Military Personnel, Continuing Education and Audit Information, Real Estate Transfer of Terminated License, Real Estate Termination Statement of Current Broker of Record, Whether a fee is required for a service request depends on the type of request. State Agencies 9.5 A course may be approved for a period of two (2) calendar years, provided the course is conducted by the sponsor or provider making application, the curriculum and course length remains exactly as approved, and approved instructors are utilized. Commission members serve three-year terms and must be Delaware. A request for reconsideration shall be submitted to the Commission no later than 30 days after the date of the letter setting forth the Commissions decision. C., Chapter 29. Who are the 4 members from the public at large that are appointed to the DE Real Estate Commission? Any member who fails to attend three (3) consecutive regular business meetings without a valid excuse, or who fails to attend at least half of all regular business meetings during any calendar year, shall automatically upon such occurrence be deemed to have resigned from office and a replacement shall be appointed by the Commission. The CE Course Approval request requires the following submissions. Gross Receipts Tax Gross Receipts Tax The notice of proceedings should be sent at least 20 days in . 3.4.6 Committee meeting times and places shall be as necessary, but in all cases within two weeks prior to the next regularly scheduled meeting of the Commission. 6.7 Facilities: It is strongly recommended that course material be presented in a classroom setting conducive to learning, except where the course is being provided in a distance education format. 5.22.5 Chapters 1, 3, and 7, Title 25, Ownership, Delaware Code, 5.22.6 Chapter 21, Title 25, Mortgages on Real Estate, Delaware Code, 5.22.7 Chapter 22, Title 25, Unit Properties, Delaware Code and Chapter 81 Title 25 DUCIOA, 5.22.8 Chapter 27, Title 25, Mechanics Liens, Delaware Code, 5.22.9 Chapter 27, Subchapter II, Title 6, Statute of Frauds Delaware Code, 5.22.10 Chapters 29, 31, Title 25, Liens, Delaware Code, 5.22.11 Chapters 51-65, Title 25, Landlord Tenant Code, Delaware Code, 5.22.12 Chapter 67, Title 25, Agricultural Lease Act, Delaware Code, 5.22.13 Chapter 54, Title 30, Transfer Tax, Delaware Code, 5.22.14 Chapter 25, Subchapter VII, Title 6, Buyer Property Protection Act and Radon Disclosure, Delaware Code, 5.22.15 Delaware Real Estate Candidate Handbook - Testing Service. Farmer initially estimates that it is probable the goal will be achieved. 10.5 In addition to the qualifications listed above, the Commission shall take into consideration evaluations from previous programs that the applicant has instructed. 5.12 Real Estate Mathematics 24 Total hours with sessions consisting of: 5.12.1 Basic mathematics review as deemed necessary by the instructor (3) hours, 5.12.2 The relationship between list price, sales price, commission rate, amount of commission (3) hours, 5.12.3 Computation of PITI monthly mortgage payment and qualifying a buyer for that payment; computation of simple interest and the amortization of a mortgage loan; computation of discount points; computation of PMI (6) hours, 5.12.4 The relationship between assessed value, tax rate and the amount of taxes; computation of transfer tax; proration of mortgage interest and property tax, etc. Information from Bagwell's comparative balance sheets is given below. Purpose of the Delaware Real Estate Commission. A student who arrives after the instruction has begun or leaves before instruction is complete shall not be given continuing education credit. 5.22.4 Chapter 46, Title 6, Fair Housing Act, Delaware Code. MMXXIII Delaware.gov, Professional License Services for Military Personnel, Continuing Education and Audit Information, develops standards for professional competency. Study with Quizlet and memorize flashcards containing terms like Entity that administers license law in Delaware, Composition of the Delaware Real Estate Commission, Division of Professional Regulation and more. Member Forms - Delaware Association of REALTORS. If the course type is for the Salesperson Prelicensing Course (at least 99-hrs), upload a copy of the current DE Department of Education School Certification. A Service Request is a request for additional information or a standard change to your [], The Real Estate Education Committee of the Delaware Real Estate Commission reviews course provider and instructor applications and makes recommendations to the Commission. If a licensee's license is revoked, under what conditions may the former licensee be issued another license? The written notice shall include a copy of the appropriate Commission Regulation listing the crimes substantially related to the practice of real estate services. After obtaining at least 60 positive course evaluations, the instructor may apply to teach additional modules. 7.4 Programs shall be a minimum of three (3) hours and delivered in three (3) hour increments. 4.4.1.11.1 All time off camera or while logged off will be recorded. The Real Brokerage has announced its expansion into Delaware, bringing its presence throughout the Eastern Seaboard.Real estate broker Ray Petkevis has been named the principal broker in Delaware. 2023 Delaware Association of REALTORS. 5.10 Real Estate Sales 36 Total hours with sessions consisting of: 5.10.1 Brokerage, Agency, Dual Agency, Buyer Brokerage - (3) hours, 5.10.2 Listing procedures including practical exercises in taking a listing and preparing the data necessary for a listing - (3) hours, 5.10.3 Sales including practical exercises of writing an offer of purchase and sale - (6) hours, 5.10.4 Financing limited to practical knowledge including how to qualify buyers, types of financing - (6) hours, 5.10.5 Preparing competitive market analysis (CMA) (2) hours, 5.10.7 Property management limited to practical aspects (1) hour, 5.10.10 Environmental concerns, including soil analysis, septic systems wells, wetlands, radon, asbestos, storage tanks (3) hours, 5.10.11 Wood destroying insect infestation (1) hour. A Commission member may appeal any suspension or removal to the Superior Court. A complete application includes your application and any documentation submitted through Delaware Professional Regulation Online Services (DELPROS)and/or any documents submitted through the mail or email from third-parties. 4.4.1.6.3 No microphones may be muted during testing. 4.4.1.4.2.3 The instructor may ask each student to "raise your hand" at any time during the session. 3 Brokers (1 from each county), 1 Associate Broker, and 1 Salesperson. Instructors will need to reapply by the approval expiration date and before teaching any further courses. No person who has been appointed to the Committee shall again be appointed to the Committee until an interim period of at least one (1) year has passed since such person last served. 3.2 Committee Officers - (Chairperson and Vice-Chairperson) shall be elected from the Committee and shall serve one year terms. 5.23 Instructors may and are encouraged to use additional references and hand out materials as needed. zipForms users can purchase a subscription directly in their accounts. An application that is incomplete when filed may not be considered to have been filed. 4.4.1.1.2 Students are responsible for the performance of their own technology including audio volume, video clarity, and internet connection. E-mail / Text Alerts The content of the pretest shall cover each of the topics covered in the course. If you have any questions about licensing, please contact the. Voting & Elections 2023 Convention and Expo. Bagwell's net income for the year ended December 31, Year 2 was $196,000. Transparency Personal Income Tax Privacy Policy The meeting schedule is available at the State of Delaware public meeting calendar. We no longer accept paper applications. Help Center For dotLoop and DocuSign users, click here to access our forms subscription application: Are you looking for more information about our advocacy efforts, REALTOR news, or upcoming events?