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Greater Metro West Association of REALTORS
Serving Parker, Palo Pinto, Stephens, and Eastland Counties.
Housing Market Reports for December 2021 for Parker, Palo Pinto, Eastland and Stevens Counties
1st Luncheon for 2022 will be held on Thursday, January 27th.
Come join us for a Legislative Update Presented by Texas Senator Drew Springer.
RSVP by calling 817-596-5010
Hope to see you there!
Still time to register for next week's courses. If interested call the GMWAR office at 817-596-5010 to register.
Remember if you are looking for a certain class let me know and I will see if we can get one added.
Reverse Mortgages for REALTORS, An In Depth Look At Today's HECM Course #41958
When: January 10, 2022
Time: 1:00 pm to 3:00 pm
Instructor: Eric Rittmeyer
This Reverse Mortgage class is an introduction to the federally insured Home Equity Conversion Mortgage (HECM) Program. The course provides attendees with an in-depth explanation and understanding of how the Reverse Mortgage operates and who qualifies. Some of the topics covered include payment options, borrower obligations, settlement costs and interest rates. In addition, the class provides up to date information on major changes FHA has made to the program, including the Reverse Mortgage for Purchase, income and credit qualification, protection for spouses under the age of 62 years old, and many others.
1-4 Contract Boot Camp Course #39934
When: January 11, 2022
Time: 9:00 am to 3:00 pm
Instructor: Jodi Sherretts
The purpose of this course is to familiarize the real estate professional with the most commonly used sales contract in a residential real estate transaction. This class provides an in-depth analysis of various aspects of the TREC 1-4 contract. It discusses the structure and nature of a residential contract along with agent responsibilities. The class teaches on basic liability theories arising from the TREC one to four contract. The class also teaches the real estate agent best practices when using the 1-4 contract as well as contract dos and don’ts.
Broker Responsibility Course Course #41624
When: January 12, 2022
Time: 9:00 am to 4:00 pm
Instructor: Carl Leatherman
The purpose of this course is to address the regulatory aspects of the management, operation and supervision of a real estate brokerage firm in Texas. The course provides an understanding and working knowledge of the law of agency, planning and organization of business entities, requirements for written policies and procedures, records retention and control, advertising, recruitment and training of agents, and the anatomy of a complaint filed with Texas Real Estate Commission (TREC).
Section 535.2 of the TREC Rules requires a broker who sponsors salespersons, a designated broker of a business entity, and a licensee who is a delegated supervisor of one or more licensees (for 6 months or more during the supervisor’s current license period), to complete this 6-hour broker responsibility course to renew a license. Any licensee may take this course. Additionally, a sponsoring broker may, by policy, require certain licensees and employees to take this course.