Alabama Education - Realty Institute - Real Estate Professional School

Alabama

Welcome to our Alabama
Online Education Offerings!

Realty Institute offers online education for both salespeople and brokers. Our 15 hour packages meet both the mandatory and elective renewal requirements.

All of our courses have audio throughout. We offer live telephone and email support as well as chat support.

There are no course offerings for AL at this time...

ALABAMA STATE LICENSE REQUIREMENTS

Realty Institute Courses

All courses are approved by the Alabama Department of State Real Estate Commissions and the Association of Real Estate License Law Officials, known as ARELLO.

ARELLO standards require a high quality delivery system that makes online learning simple. The system we offer is among the very best available today.

All material offered by Realty Institute has been written by experienced real estate professionals who take pride in their ability to present subjects in a clear and easily understood manner. All courses offer audio throughout giving the student the opportunity to read, listen, or both. All Courses Expire one year from date of purchase, EST.

Continuing Education Requirements

Every two years, a total of fifteen (15) clock hours of continuing education prescribed by the Commission is required for renewal your license. These hours must be completed by September 30 of every even year. The fifteen hour continuing education course requirement is as follows:

1. 3 clock hours in "Risk Management Avoiding Violations”. Mandatory for both brokers and salespeople.

2. 3 clock hours of “Risk Management for Salesperson or Broker” ( Choose your License type)

3. 9 clock hours of approved elective courses

Choose your package for either salesperson or broker. All packages include both elective and mandatory subjects to fulfill your 15 hour requirements for either salesperson or broker license renewal.

Support and Instructor contact

Before contacting support please view our Frequently Asked Questions link on your state page. E-mails are answered on the next business day, excluding holidays. Business hours are M-F, 9-5 Eastern time.

Phone: For technical support contact us at (718) 275-0003.
Email: techsupport@realtyinstitute.net
For Instructor support Email: Instructorsupport@realtyinstitute.net

Alabama State Real Estate Commission

Email: arec@arec.alabama.gov

Phone: (334) 242-5544

Fax: (334)270-9118

Mailing address:
Alabama Real Estate Commisson
1201 Carmichael Way
Montgomery, AL 36106

Alabama 15 Hour Real Estate CE Coures

Realty Institute offers AL continuing education courses as two different packages that meet the 15 hour requirement, or as individual courses by topic. We always recommend using the pre-bundled packages to insure you meet your requirements. The sections included in each package are detailed below, click the section title to see the topics covered in that section:

90.00 AL - Broker Package A

Risk Management for Brokers
- Managing money including: Trust accounts, earnest money, property management funds
- Contract provisions including: Violations, disciplinary action, hearings and appeals
- Auditing procedures including: Earnest money, security deposits, rental property bookkeeping, operating account and payroll account.
- Independent contractors and reconciliation including: Definition, rights and obligations, reconciliation for AREC audit and checklist
- Managing people including: Importance of training, what to include in a training program; license law, fair housing, RESPA, price fixing, boycotting, environmental issues, lead based paint and mold.
- Developing a training program including: Advertising, supervision, policy and procedures manual, RECAD/Agency.
- Role of the Broker including: Job description and building your company,
Risk Management, Avoiding Violations
- Alabama License Law
- Obligations of the licensee
- Violations of license law
- Who needs to be licensed?
- Buying property for yourself
- Handling the personal sale
- Handling money belonging to others including: Trust funds, escrow, security deposits, earnest money, rent
- Holding and disbursing earnest money
- Property management trust accounts
- Mortgage Fraud
- Price gouging
- Fair housing
- Advertising including: State laws, do not call, incentives, kickbacks and rebates,
- Property condition and disclosure
- Lawsuits
- Buyer beware/Caveat Emptor
- Home inspections do’s and don’ts
- Seller disclosure
- As is
Buying and Managing Investment Property
- The techniques required to buy investment property
- The pitfalls inherent in investment real estate
- Does a property represent a potentially successful investment?
- Create an authentic job description for a property manager
- A plan for managing your investment property
- Is managing your own investment property is a good business move for you?
Fair Housing
- This section will explore the history of discrimination and the evolution of fair housing laws. Students will learn to properly present housing in a fair and unbiased manner.

90.00 AL - Broker Package B

Risk Management for Brokers
- Managing money including: Trust accounts, earnest money, property management funds
- Contract provisions including: Violations, disciplinary action, hearings and appeals
- Auditing procedures including: Earnest money, security deposits, rental property bookkeeping, operating account and payroll account.
- Independent contractors and reconciliation including: Definition, rights and obligations, reconciliation for AREC audit and checklist
- Managing people including: Importance of training, what to include in a training program; license law, fair housing, RESPA, price fixing, boycotting, environmental issues, lead based paint and mold.
- Developing a training program including: Advertising, supervision, policy and procedures manual, RECAD/Agency.
- Role of the Broker including: Job description and building your company,
Risk Management, Avoiding Violations
- Alabama License Law
- Obligations of the licensee
- Violations of license law
- Who needs to be licensed?
- Buying property for yourself
- Handling the personal sale
- Handling money belonging to others including: Trust funds, escrow, security deposits, earnest money, rent
- Holding and disbursing earnest money
- Property management trust accounts
- Mortgage Fraud
- Price gouging
- Fair housing
- Advertising including: State laws, do not call, incentives, kickbacks and rebates,
- Property condition and disclosure
- Lawsuits
- Buyer beware/Caveat Emptor
- Home inspections do’s and don’ts
- Seller disclosure
- As is
Fair Housing
- This section will explore the history of discrimination and the evolution of fair housing laws. Students will learn to properly present housing in a fair and unbiased manner.
Understanding Real Estate Financing
- Understand current financing opportunities
- Create a financing scenario that will assist buyers
- Financing pitfalls as they may affect different buyers
- Assist a seller in realizing his net after a sale
- Distinguish the differences among lending programs currently available
From Contract to Closing
- Learn the essential elements of a real estate contract.
- Be able to recognize the basics of a deed.
- Follow the course of a real estate transaction from contract to closing.
- Be able to distinguish among the terms applicable to contracts and deeds.
- Understand the details involved with preparing a title report.
- Learn what is required in order to obtain clear title.
- Be better prepared to create a dialog with buyers and sellers in order to alleviate most of the tension felt by them before and during the contract to closing process.

90.00 AL - Salesperson Package A

Risk Management for Salespeople
- Fiduciary Duties and responsibilities
- Services licensees required to provide
- Myth vs. facts
- Types of Agency, agency disclosure and agency relationships
- Authorization of employment
- Who must be represented?
- Limited consensual and unintentional dual agency
- Buyer relationships
- Duties to customers and clients
- RECAD
- Essentials of a valid contract
- Data required for contract preparation
- Property description
- Presenting the offer
- The down payment
- Earnest money
- Listing agreements
- Types of listings
- Releases and terminations
- Consumer information booklet
- Brokerage services disclosure
- Property management
- Lead paint
- Buying property for yourself
- Obligations of the licensee
- Keys to effective risk management
Risk Management, Avoiding Violations
- Alabama License Law
- Obligations of the licensee
- Violations of license law
- Who needs to be licensed?
- Buying property for yourself
- Handling the personal sale
- Handling money belonging to others including: Trust funds, escrow, security deposits, earnest money, rent
- Holding and disbursing earnest money
- Property management trust accounts
- Mortgage Fraud
- Price gouging
- Fair housing
- Advertising including: State laws, do not call, incentives, kickbacks and rebates
- Property condition and disclosure
- Lawsuits
- Buyer beware/Caveat Emptor
- Home inspections do’s and don’ts
- Seller disclosure
- As is
Buying and Managing Inverstment Property
- The techniques required to buy investment property
- The pitfalls inherent in investment real estate
- Does a property represent a potentially successful investment?
- Create an authentic job description for a property manager
- A plan for managing your investment property
- Is managing your own investment property is a good business move for you?
Fair Housing
- Fair housing laws as they have evolved over the years
- Discriminatory red flags in the course of showing homes
- Implement a plan to prevent discriminatory behavior
- Different scenarios to prevent discrimination
- Recognizing and understanding the impact of discrimination on the public
- Obligations of the licensee during the transaction

90.00 AL - Salesperson Package B

Risk Management for Salespeople
- Fiduciary Duties and responsibilities
- Services licensees required to provide
- Myth vs. facts
- Types of Agency, agency disclosure and agency relationships
- Authorization of employment
- Who must be represented?
- Limited consensual and unintentional dual agency
- Buyer relationships
- Duties to customers and clients
- RECAD
- Essentials of a valid contract
- Data required for contract preparation
- Property description
- Presenting the offer
- The down payment
- Earnest money
- Listing agreements
- Types of listings
- Releases and terminations
- Consumer information booklet
- Brokerage services disclosure
- Property management
- Lead paint
- Buying property for yourself
- Obligations of the licensee
- Keys to effective risk management
Risk Management, Avoiding Violations
- Alabama License Law
- Obligations of the licensee
- Violations of license law
- Who needs to be licensed?
- Buying property for yourself
- Handling the personal sale
- Handling money belonging to others including: Trust funds, escrow, security deposits, earnest money, rent
- Holding and disbursing earnest money
- Property management trust accounts
- Mortgage Fraud
- Price gouging
- Fair housing
- Advertising including: State laws, do not call, incentives, kickbacks and rebates
- Property condition and disclosure
- Lawsuits
- Buyer beware/Caveat Emptor
- Home inspections do’s and don’ts
- Seller disclosure
- As is
Fair Housing
- Fair housing laws as they have evolved over the years
- Discriminatory red flags in the course of showing homes
- Implement a plan to prevent discriminatory behavior
- Different scenarios to prevent discrimination
- Recognizing and understanding the impact of discrimination on the public
- Obligations of the licensee during the transaction
Understanding Real Estate Financing
- Understand current financing opportunities
- Create a financing scenario that will assist buyers
- Financing pitfalls as they may affect different buyers
- Assist a seller in realizing his net after a sale
- Distinguish the differences among lending programs currently available
From Contract to Closing
- Learn the essential elements of a real estate contract.
- Be able to recognize the basics of a deed.
- Follow the course of a real estate transaction from contract to closing.
- Be able to distinguish among the terms applicable to contracts and deeds.
- Understand the details involved with preparing a title report.
- Learn what is required in order to obtain clear title.
- Be better prepared to create a dialog with buyers and sellers in order to alleviate most of the tension felt by them before and during the contract to closing process.

*We also have many "ala carte" subjects for the licensee who may not need the entire 15 hours. Close

Individual AL Courses

In addition to our Complete Real Estate CE Bundles we offer individual AL courses for those students who don't need the entire 15 hours of credit. We offer the following courses for AL ala carte (Click the '+' to view the topics covered in the course.):

45.00 Buying and Managing Investment Properties - CE (6 Hours)

- The techniques required to buy investment property
- The pitfalls inherent in investment real estate
- Does a property represent a potentially successful investment?
- Create an authentic job description for a property manager
- A plan for managing your investment property
- Is managing your own investment property is a good business move for you?

30.00 Fair Housing - CE (3 Hours)

- This course will allow the student to explore the history of discrimination and the evolution of fair housing laws. It will educate the student in order to properly present housing in a fair and unbiased manner.

30.00 From Contract to Closing - CE (3 Hours)

- Learn the essential elements of a real estate contract.
- Recognize the basics of a deed.
- Follow the course of a real estate transaction from contract to closing.
- Distinguish among the terms applicable to contracts and deeds.
- Understand the details involved with preparing a title report.
- Learn what is required in order to obtain clear title.
- Be better prepared to create a dialog with buyers and sellers in order to alleviate most of the tension felt them before and during the contract to closing process.

30.00 Recognizing & Understanding Environmental Concerns - CE 3 Hours)

- Recognize the extent of environmental concerns in our everyday world.
- Learn the different elements that contribute to our environmental concerns.
- Become familiar with the governmental agencies that regulate our laws.
- Be prepared to assist the public in creating eco friendly environments.
- Be able to distinguish between natural and man made environmental issues.
- Better understand what contributes to and how to slow down global warming.

30.00 Risk Management, Avoiding Violations - CE MANDATORY (3 Hours)

- Alabama License Law
- Obligations of the licensee
- Violations of license law
- Who needs to be licensed?
- Buying property for yourself
- Handling the personal sale
- Handling money belonging to others including: Trust funds, escrow, security deposits, earnest money, rent
- Holding and disbursing earnest money
- Property management trust accounts
- Mortgage Fraud
- Price gouging
- Fair housing
- Advertising including: State laws, do not call, incentives, kickbacks and rebates,
- Property condition and disclosure
- Lawsuits
- Buyer beware/Caveat Emptor
- Home inspections do’s and don’ts
- Seller disclosure
- As is

30.00 Risk Management for Brokers - CE MANDATORY (3 Hours)

- Managing money including: Trust accounts, earnest money, property management funds
- Contract provisions including: Violations, disciplinary action, hearings and appeals
- Auditing procedures including: Earnest money, security deposits, rental property bookkeeping, operating account and payroll account.
- Independent contractors and reconciliation including: Definition, rights and obligations, reconciliation for AREC audit and checklist
- Managing people including: Importance of training, what to include in a training program; license law, fair housing, RESPA, price fixing, boycotting, environmental issues, lead based paint and mold.
- Developing a training program including: Advertising, supervision, policy and procedures manual, RECAD/Agency.
- Role of the Broker including: Job description and building your company,

30.00 Risk Management for Salesperson - CE MANDATORY (3 Hours)

- Fiduciary Duties and responsibilities
- Services licensees required to provide
- Myth vs. facts
- Types of Agency, agency disclosure and agency relationships
- Authorization of employment
- Who must be represented?
- Limited consensual and unintentional dual agency
- Buyer relationships
- Duties to customers and clients
- RECAD
- Essentials of a valid contract
- Data required for contract preparation
- Property description
- Presenting the offer
- The down payment
- Earnest money
- Listing agreements
- Types of listings
- Releases and terminations
- Consumer information booklet
- Brokerage services disclosure
- Property management
- Lead paint
- Buying property for yourself
- Obligations of the licensee
- Keys to effective risk management

30.00 Understanding Real Estate Financing - CE (3 Hours)

- Upon completion of the course, the student will learn the essentials of different mortgage financing programs. They will be able to distinguish the differences among financing programs in order to counsel with their buyers and provide explanations where necessary. The student will be able to assist the public in evaluating their borrowing opportunities.

*ARAC does not endorse individual schools. Close

Course F.A.Q.

Our courses are designed for ease of navigation and learning. Each subject is broken down into individual chapters and the student has the ability to sign off and on as often as they choose. Each time they signoff they will automatically have their place book marked. When they return to the material they will be at the point they left.

At the end of each chapter there will be multiple choice questions. If you answer incorrectly, you will be given another question without having to re-read the material or receive any penalty for time.

There are no graded exams.

Our courses are timed based on state requirements and a timer appears on the bottom of your screen. As you complete each page an arrow will allow you to move to the next one. It will take a total of at least 22.5 hours to complete your subjects.

You will be automatically logged off if you fail to advance pages for 5 minutes or more.

Your Certificate of Completion will be available for you to print and Dept. of State will be notified of your course completion. When all subjects are completed the student will be able to go online to the Dept. of State website and renew his/her license and pay the fee.

Any salesperson who successfully completes an approved broker qualifying course (which requires passing the final schools exam) will receive credit for continuing education for their current two-year sales license renewal period. As long as they have completed the 3 clock hours of mandatory Fair Housing, which is not included in the Brokers course.