100% Live 40 Hour Prelicense
The 100% Live Webinar 40 hour Prelicense Course
This course is for Salespersons Only – applying for Vermont licensure.
The course is divided into two parts: National Study (32 hours) & Vermont Study 8 hours). Full required seat time is 40 hours. See description below.
COST OF LIVE WEBINAR: $500 (due on registration via credit card, Venmo, check or cash). If payment plan is necessary, request this in email to mayhewschool@gmail.com.
DESCRIPTION OF CLASSROOM/ LIVE WEBINAR STUDY
— Small classes; includes 12 sessions of 2.7 hours (national) and 2 sessions of 4 hours (state)
— Schedule is revolving; you can join at any time; each session stands by itself on the topic described in the course outline
— Lectures from class outline and from slides:
–Session One: Agency; Defining Real Property and Personal Property; Marketing Considerations (5.4 hours)
–Session Two: Contracts (5.4 hours)
–Session Three: Title and Deeds; Estates; Landlord Tenant (5.4 hours)
–Session Four: Financing; Federal Financing Laws (5.4 hours)
–Session Five: Appraisal; Property Management, Environmental Issues, Zoning (5.4 hours)
–Session Six: Calculations; Property Description; Fair Housing; Closing (5.4 hours)
–Session Seven: VT Law Study (8 hours)
— Real estate business experiences are discussed (the class is a full course which allows for discussion of practice considerations not necessarily on the exam, as well as regular exam prep)
— Learning occurs through: (1) Lecture; (2) Class Discussion; (3) Follow-up Reading; (4) Follow-up chapter tests; (5) Reinforcing Online and Phone tools included
— Classes are taught by an attorney/law professor versed in real estate law; a practice broker who is approved by the Vermont Real Estate Commission may be substituted when necessary
— Text book and Review Book (not included): Modern Real Estate Practice, version 21.0 and Guide to Passing the PSI Real Estate Salesperson Exam, version 8
PRACTICE and FINAL EXAMINATIONS
The Randy Mayhew School of Real Estate website contains various practice exams (both National and Vermont) as well as a sample Final Exam. These exams are recommended for your use, however, they are NOT REQUIRED.
CERTIFICATION OF COMPLETION
To complete this study and receive a certificate of completion you must: (1) complete all classes covering national study materials within nine (9) months of your beginning date (up to three (3) month extension may be granted for hardship situations); and (2) complete your Vermont Law Study component within one (1) year from your beginning date.