Course Number: Modules A-E 001
This course is offered as:
- Five days of class (offered once each month).
- Each day of class is six-hours long.
- There is a class exam (aka. quiz) after each six-hour class; there is no state exam.
- The class hours are from 9:00am till 12:05pm and 1:05pm till 3:30pm Monday through Friday.
See the calendar for class dates.
Class Modules are as follows:
Monday ► Module A—Agency and Property Disclosure
This class is based on South Carolina Agency Law, (Real Estate Practice Act) sections 40-57-137 (A) (1)-(4), (N) & (O) (1)-(3), (P); 40-57-139; 40-57-140. We will also examine the Acknowledgement of Brokerage Relationships Disclosure form and the Disclosure and Consent to Dual Agency form. During the class, the participants will have several opportunities to role-play practicing agency disclosure. You will gain the practical understanding which will serve as the foundation required to build skill and confidence into your agency disclosure presentations.
The class also covers what the licensee needs to know about the Lead-based Paint Rules on residences built before 1978 and the South Carolina Seller’s Residential Property Disclosure requirements.
Tuesday ► Module B—Real Estate Contracts
Changes in the law in 2017 created new obligations and new documents. Those who don’t know what it now requires may be breaking the law with every transaction. Students will learn how to connect textbook theory to professional practice by reading through and discussing 13 different documents as well as reviewing legal requirements regarding offers and contracts. Everyone should leave this course with a new perspective on the benefits of a well-written contract.
Students should leave this course with confidence in the ability to work with these everyday documents.
Wednesday ► Module E—Investments and Taxation
This course is a must for anyone seeking to learn how to analyze real estate investments and apply the techniques of balancing equities of property for a tax deferred exchange. Additionally, there will be class exercises to learn how to calculate adjusted basis and the return on equity analysis may prove to be valuable when working with investor clients. For the novice, this course will help you to be more professional in your work.
Thursday ► Module C—Ethics and Real Estate
In South Carolina, real estate schools are required to include ethics as a separate course in the curriculum in the Unit 2 series. This is not the REALTORS® Code of Ethics. Instead, our objective for this course at Wyatt Institute is to take a look at the processes required to make fair and honest decisions in real world situations that we see everyday.
Enrollment in and completion of this course will not only meet the requirements of the Real Estate Commission, it will also help you be a more ethically reasoning thinker.
Friday ► Module D—Measurement and Valuation
This course is a must for anyone seeking to learn how to measure a building, apply the techniques of identifying the utility of property and learning how to do a well thought out Competitive Marketing Analysis. From novice to those with experience, this course will help you to be more professional in your work.
The tuition for the Unit 2 course is $345.00* including all course materials. *Splitting the class over multiple months incurs additional fees; see enrollment form. Each class may be taken individually for a cost of $80.
Click to see schedule of dates and times for the Unit 2: Advanced Real Estate Principles class.
This course is required along with Unit 1 course before a salesperson license is issued.
Please click above to review terms and policies for this course and call with any questions before registering.
For complete information on Licensing in South Carolina, link to:
