Saturday, July 3, 2010

New Continuing Education Rules

There has been some confusion about the new regulations relating to Real Estate Continuing Education. To simplify, all CE approved by your Principal Broker prior to December 31, 2010, can count towards your license renewal even if you renew in 2012. For example, any CE taken before the end of 2010 could count towards your renewal even if you were renewing in June of 2012. Any courses taken after December 31, 2010 must meet the new OREA standards. The new regulations state that only Core CE registered with the OREA and delivered by an OREA Certified Continuing Education Provider will count towards license renewal. A licensee will no longer have to receive the approval of their Principal Broker before taking a class. As of January 1, 2011, licensees must keep track of their own CE hours and report them to the OREA.

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