First-Time Homebuyers: A Niche to Grow On
Whether you want to develop a niche business working with first-time homebuyers or simply increaseyour overall knowledge so you can better help inexperienced first-time homebuyers, this course willprovide you with the necessary foundation to serve this unique population.First-time homebuyers often rely heavily on agents’ expertise, and many feel overwhelmed, intimidated,and fearful of the prospect of buying a home. Your knowledge and calm influence can lead them towardtheir goal of homeownership, step by step.In this three-hour course we’ll explore the key characteristics of this niche market, how to cultivaterelationships with these buyers, and how to prepare them for the transaction ahead.
Course highlights include:
- First-time homebuyer market stats
- Pros and cons unique to working with this market
- Housing affordability’s impact on new buyers
- Targeted marketing approaches and conveying homeowner benefits
- Providing value to first-time homebuyer clients
- Walking clients through each step of the transaction
- Financing, loans, offers, negotiations, and closing
State Requirements For Colorado
Colorado State Requirement Details for Real Estate Broker Continuing Education
Renewal Date: After initial license expires (December 31st of the year in which it was issued), license renews on a 3-year cycle beginning on January 1st of year one and expiring on December 31st of year three
Hours Required by the State: 24 hours
- 12 hours of 4-hour Annual Commission Update Course (completed once each year)
- 12 hours of elective courses
Note: An initial broker's license expires at midnight on December 31st of the year in which it was issued. During that initial licensure period, the newly licensed broker will not have to complete any continuing education. After that initial license period, the active licensee will then be on a three-year license cycle and must complete 24 hours of continuing education within that licensing cycle.
Colorado Division of Real Estate
Street Address: 1560 Broadway, Suite 925, Denver, Colorado 80202
Mailing Address: 1560 Broadway, Suite 925, Denver, Colorado 80202
Telephone: (800) 886-7675