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When do you take your Commission Update Class?

By
Real Estate Broker/Owner with House to Home, Inc. - Denver Real Estate - 720-231-6373 DRE# ER40011786

I always chuckle when our Association sends out emails in mid to end of December with last-minute commission update classes.    There must be those that wait until the last dang minute for this or they wouldn't be offered.

 

My preference is as soon as I can get into a class first of January, as there are new rules that have come out, and want to know them right away.    Boy, this year there were sure LOTS of new rules in Colorado passed for tenants.  Again, so glad I don't have anything to do with leasing or tenants!    There was a whole hour on just this topic.

 

I always like to go back into House Bills given or even the Commission Position statements to review them again.

 

PS - while on this Zoom class one of my past clients sent me an email asking to meet up for dinner in a week.   Guess I didn't read it completely (trying to listen to the instructor), so sold her I was in a Zoom class.   OOPS, not the right thing to share.   She is a professor at Air Force Academy.   She said --- just like my students - not paying attention!   I did share it was during the HOUR long part of leasing that I don't do!

 

 

Posted by

Joan Cox
Broker/Owner, REALTOR®
House to Home, Inc.

Serving the Denver Metro area including all suburbs


Helping Buyers and Sellers achieve their real estate dreams, one house at a time!

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Comments(14)

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Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

I am not sure what a commission update class is! If this refers to the continuing education classes that are required to update a license, our licenses end at the end of October so many people wait until September or October to get those CEs.

Jan 16, 2025 05:27 AM
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Good morning Dorie. When I was active, I was always on top of updates especially when acting as a managing broker. What you don't know or understand it what will get you in trouble. Kudos to you. Enjoy your day.

Jan 16, 2025 05:34 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

This is a pet peeve of mine. I think waiting to the last minute is simply dumb.

Jan 16, 2025 06:15 AM
Doug Rogers
RE/MAX Coastal Properties - Destin, FL
Your Real Estate Resource!

I do my CE classes online. Frankly most of the live ones I attended were a let down. For actual real estate training I use Mike Ferry. 

Jan 16, 2025 06:36 AM
Nick Vandekar, 610-203-4543
Realty ONE Group Advocates 484-237-2055 - Downingtown, PA
Selling the Main Line & Chester County

Not sure what a commission update class is, but with CE I like to do it when I am not busy and just bang it out early.

Jan 16, 2025 08:37 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

Our "year" runs from July 1st through June 30th. I take my two classes whenever I have a chance. My elective was done in November. My Broker-in-Charge Update is scheduled for February, but there's a good chance I'll change that date.

Jan 16, 2025 08:40 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Joan and I got my updated class done on January 9, I felt to much was on rentals but it effect some people.

Jan 16, 2025 09:45 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Kat Palmiotti in Colorado we have an annual 4 hour commission update required, and total of 24 hours over a 3-year period.

Jan 18, 2025 10:02 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Wayne, I like getting them done early in the year too, for the new changes.

Jan 18, 2025 10:02 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jeff, I believe most that wait until end of year, didn't really do any or much business, so they think they don't need these very important updates.

Jan 18, 2025 10:03 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Doug Rogers this one I took was on Zoom, and easier to do.

Jan 18, 2025 10:04 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nick Vandekar, 610-203-4543 the commission update in Colorado is a mandatory annual 4 hour class, plus we still have to attain 24 CE credits over 3 years.

Jan 18, 2025 10:05 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina Hollander, Broker I am now thinking not every state has the same requirements.   We need 24 hours over a 3-year period (our license is for 3-years), and part of that 24 hours needs to have an annual 4 hour commission update.

Jan 18, 2025 10:06 AM
Nina Hollander, Broker

Joan Cox hi Joan... we renew every year and we need 8 hours each year. In SC we renew every two years and need 10 hours each year, but as I'm over 65 and have had a license for at least 25 years, I'm exempt from CE requirements. (I suspect they think people my age aren't really working anymore.)

Jan 18, 2025 11:15 AM
Joan Cox

That is very different.

Jan 18, 2025 01:21 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Will, there was too much rental stuff - it was an hour they spent on that, and many of the questions on the test was on rentals.  

Jan 18, 2025 10:06 AM