Unit 2 Requirements
For complete information on Licensing in South Carolina, link to:
South Carolina Real Estate Commission (License Law) or open pdf version of the file
|Unit 2 Advanced Real Estate Principles|
|This course is required before a salesperson license is issued.|
|This course is five days of class offered once each month. The course consists of five six-hour classes. There is a class exam after each six-hour class; there is no state exam. The class hours are 9:00am till 12:05pm and 1:05pm till 3:30pm Monday through Friday. See the calendar for class dates.|
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
This course is for the novice and seasoned agent. Changes in the law deal with offers, counteroffer and other related subjects. 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 16 different documents. 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 Post-License 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 $300.00* including all course materials. *Splitting the class over multiple months incurs additional fees; see enrollment form.
Click to see schedule of dates and times for the Post-License class.
Agency and Property Disclosure
Investments and Taxation
Ethics and Real Estate
|Day of Class: