The Fundamentals of Commercial Real Estate
The Fundamentals of Commercial Real Estate covers the need-to-know information on a broad range of commercial topics.
If you're an experienced residential licensee, a few of the fundamentals of commercial real estate will be familiar to you—the importance of location, for example. In other regards, commercial differs sharply from residential real estate. Executives, investors, and business owners in commercial real estate focus squarely on the bottom line.
This course will provide a foundation for the more complex aspects of commercial real estate as you gain more experience in the industry.
Course highlights include:
- Key terms and concepts of commercial real estate
- How to identify and meet the needs of commercial real estate clients
- How commercial and residential sales differ
- Valuation methods for real estate and businesses
- Tips on gathering the demographic and location-related details that clients need to make well-informed decisions
State Requirements For South Carolina
South Carolina State Requirement Details for Real Estate Continuing Education
Renewal Date: 6/30 every two years
Hours Required: 10 hours
Associate or Broker:
- 4 hours – Mandatory hours
- 6 hours – Elective hours
Per South Carolina Section 40-57-340, as a condition of active license renewal, a broker or associate shall provide proof of satisfactory completion biennially of ten hours of continuing education in courses. The ten hours must include a minimum of four hours of instruction in mandated topics.
Broker-in-Charge:
- 4 hours - Mandatory hours
- 4 hours - Core hours
- 2 hours - Elective hours
Per South Carolina Section 40-57-340, a broker-in-charge shall provide proof of satisfactory completion biennially of ten hours of continuing education in courses approved by the commission. The ten hours must include a minimum of four hours of instruction in mandated topics for a broker or associate license and four hours of continuing education must be in advanced real estate topics designed for brokers-in-charge.
South Carolina Real Estate Commission
Street Address: Synergy Business Park, Kingstree Building 110 Centerview Dr, Ste 201, Columbia, SC 29210
Mailing Address: PO Box 11847, Columbia, SC 29211-1847
Telephone: 803.896.4400
Fax: 803.896.4427