Lori Wekerle

Nevada Real Estate
Licensing Courses Information from The Real Estate School of Nevada

Save 65% and get our ONLINE NEW LICENSING BONUS PACKAGE! Regular price of classes, post licensing renewal & 2 day Crash Study course - $847.00. Enroll online this week - and you get it ALL for ONLY $299.00. Live Instruction & Materials included.

Available for a limited time only!

http://www.realtyschool.com

Available Courses: http://www.realtyschool.com/courses.htm

COURSES AVAILABLE FOR INDIVIDUAL PURCHASE:
Correspondance - At Home Study Course
Get your Nevada Real Estate License by studying in the convenience of your own home with your computer! Pop in a DVD and start your Nevada Real Estate classes (in your pj's if you so desire)! This course is for individuals who wish to obtain a Nevada real estate salesman license. It is the 90 hour pre-license course Nevada require.

Crash Course Study Program
If you are facing your Nevada Real Estate Exam, You
need a Crash Course Study Program offered by Real Estate School of Nevada. Regardless of where you took your Nevada Real Estate License Courses - this cram session will prepare you to pass your exam - the first time!

Post Licensing - First Year Renewal Course
Renew your Nevada Real Estate License. This course offers Post
Licensing for first year renewals.

Wanted - Las Vegas Real Estate Agents who need or want a Nevada Real Estate Career in the following Nevada Real Estate Departments.

• Las Vegas Short Sale Processor
• Las Vegas Real Estate Agent to work REO's
• Las Vegas Real Estate Agent to work with buyers - WE GIVE YOU THE LEADS
• Las Vegas Short Sale Agent to work with Short Sale Sellers - WE GIVE YOU THE SELLERS
• Las Vegas BPO Agents
• Henderson and Green Valley Real Estate Agents in the above fields
• Compensation - will be discussed with career development.
  
  We have the leads - we need the agents. If you are a motivitated, self driven (with some good training of course), professional, and have transportation - we need you!
  
  Our office is expanding and we have more leads that we do agents. If you don't have a Nevada Real Estate License yet, that's OK. We know where you can sign up online for Live Instruction and At Home Study at www.realtyschool.com or http://www.therealestateschoolofnevada.com
  
  e-mail lori.wekerle@gmail.com with interest and our career development directors will get back to you with details! Feel free to sign up for your license in the meantime.

www.teamcoldwell.com for Coldwell Banker Wardley Las Vegas Real Estate

www.therealestateschoolofnevada.com presents Las Vegas Real Estate Classes for Nevada Real Estate License. Visit us online at www.realtyschool.com or www.therealestateschoolofnevada.com to see our ONLINE Nevada Real Estate Classes for NEW Nevada Real Estate License, Study for the Nevada Real Estate Exam (Test), and Nevada Real Estate Renewal. Don't miss our ONLINE specials as they will end without notice!

Real Estate of Nevada Real Estate courses - Real Estate School in lv nv

NEED A LICENSE:
90 Hour Principles, Practices & Ethics INTERNET SPECIAL: Save 40% when you enroll online. Our 90 hour Principles, Practices and Ethics course is designed for anyone who is seeking a real estate salespersons license. Topics covered in this course include both the national and state law aspects of real estate. This course is offered in a modular format with flexible class schedules and even offers options to complete the course from the comfort of your own home! Best of all, you can complete the entire course in as little as 10 days! Original Price $499.00 - Special: $399.00 includes Live Instruction. Enroll online for the same course and save 40% - Online Price is only $299.00. Don't have time for Live Classes? Study in your own time by checking out our At home Study Course below. includes all materials and Nevada Post-Secondary enrollment fee

NEVADA REAL ESTATE EXAM CRAM COURSE

This is a two day complete review of subjects and concepts a candidate will likely encounter when taking the Nevada Real Estate Licensing Examination. It is open to all Real Estate Licensing Candidates regardless of the real estate school attended. The course is offered monthly. Contact the School for offering dates and reservations. Price:�$149.00, includes two custom texts prepared especially for this review.

NOTE: This is not a �for credit� course and does not serve to provide Pre-licensing, Post-licensing, or Continuing Education Credit.

Post-Licensing Course:"Destination Success 30 Hours

This is the required course of instruction for all original licensees licensed after January 1, 2006. It is presented either as a 30 hour program, or may be taken in 9 separate modules. It is recommended that the School be contacted in the first two weeks of the month for scheduling and module information. reservations.

Price: $199.00 If taken as the 30 hour package course, or $45.00 per module. Includes all materials and the Nevada Post-Secondary enrollment fee.

At Home Study - Correspondence Course

For students with varied schedules many of our courses are available via correspondence. Some correspondence courses include the ability to attend the live classroom presentations. Correspondence students have full access to our instructors to assist in areas of the material in which the student is having difficulty. It is recommended that the School be contacted at 454-1936 or director@realtyschool.com regarding Correspondence Study programs.

- The Safest Way to Pay!

CALL NOW - 702-454-1936 or email at director@realtyschool.com

How to get your Nevada Real Estate License AND save 40%....by The Las Vegas Real Estate School of Nevada 702.604.7739.

INTERNET SPECIAL: Save 40% when you enroll online at www.realtyschool.com or ww.therealestateschoolofnevada.com

- AND you get LIVE classes TOO!

90 Hour Principles, Practices & Ethics Our 90 hour Principles, Practices and Ethics course is designed for anyone who is seeking a real estate salespersons license. Topics covered in this course include both the national and state law aspects of real estate. This course is offered in a modular format with flexible class schedules and even offers options to complete the course from the comfort of your own home! Best of all, you can complete the entire course in as little as 10 days! Original Price $499.00 - INTERNET SPECIAL:299.00 includes Live Instruction. includes all materials, LIVE instruction and Nevada Post-Secondary enrollment fee Real Estate School of Nevada has been building careers and changing lives for more than 30 years. Agents are still earning six figures running their Real Estate Businesses in Las Vegas, Henderson, and other area's of the Valley.

All you need to do to get started in this business is... Get your Real Estate License at www.realtyschool.com or www.TheRealEstateSchoolofnevada.com -

Questions? E-mail help@therealestateschoolofnevada.com

**Offer subject to end at any time - so enroll today! Unbeatable price with LIVE instruction!!

Lori Wekerle, Internet Manager and Las Vegas Short Sale Specialists of Coldwell Banker Wardley Las Vegas Real Estate Presents:

WHAT TO EXPECT DURING YOUR LAS VEGAS SHORT SALE
The Ballen Group of Coldwell Banker
Las Vegas Short Sale Process

1. The Listing Contract - We will obtain all required forms and data to begin the process
2. Lock Box - We will hang an electronic lock box for showings - if permitted. The lockbox is a computer and provides data to us for following up with agents who show the property. We find a lockbox doubles the showings than a property without one.
3. Pictures - We will take pictures of the property in order to create a virtual tour and showcase the property on television, in print, and online. The better the pictures, the better your chances of selling your home and receiving offers the bank will consider.
4. MLS - Within seven days of obtaining your listing, we will have your property live on the MLS. If we are unable to get pictures during that time, due to property preparation, we will have to do a written exclusion of the MLS. We encourage you to prepare your home in advance and work with the photographer on scheduling. If you allow a lock box, you will not need to be present for the photos. A professional style ad will be written, 8-12 pictures will be featured, and link to a virtual tour will be provided. The better the MLS brochures look, the more likely it is that we will receive an offer within our 6 week plan.
5. The Shortsale Package Submission - All banks are different. Certain banks want the entire shortsale package up front, while others won't look at anything until there is an offer. The shortsale transaction coordinator will submit all information including the authorization to speak on your behalf, the listing contract, and the package when the bank will allow the submission.
6. The marketing plan-All shortsale listings are put on a plan from the day their listing is live on the MLS. This plan includes the weekly updates, internet marketing, and price reductions. This plan is designed to generate an offer within 6 weeks of a live listing. You will receive change orders that require your signature in order to reduce the price.
7. The Timeline - The entire process typically takes 90-120 days
8. The Offer- The law requires us that we present you with all reasonable offers. We will explain the offers, what they entail, and what they mean to you. You will have the right to accept, counter, or reject all offers. Our goal is to obtain an offer that proves to the bank that it will be more expensive for them to foreclose than to accept the loss on the provided offer. If the offer is too low, we will need to counter or reject. In some cases, especially where there is a tenant, the price has to be dropped under fair market value to encourage an offer. In this case, we will have to provide proof to the bank that we attempted to obtain a higher offer. This is done providing marketing proof, MLS records, and showing reports.

11. The Acceptance - Once we have an accepted offer, all information will be submitted to the bank. The bank will require proof of the offer, all counter offers, and a HUD. The HUD basically provides the bank with a bottom line loss when they include the brokerage fees and closing costs.

12. The Property Status - Here is the tricky part. Once you accept an offer, the board of Realtors REQUIRES us to list your property as "contingent" in the MLS. This shows other Realtors that your property has an offer. If a buyer hires a Realtor to look up active properties, your property may not show up on their report. This is required to prevent sellers from wasting the time of buyers who would otherwise assume your property is available. We are permitted to continue marketing your property as we had been on TV, Radio, Internet, Print etc. It is only the Multiple Listing Service that requires us to list your property as contingent. During this time we are permitted to receive other offers and send them to the bank as well.

13. The Escrow - We will require the buyer to open escrow within 24 hours of your signed acceptance. Although they will be required to deposit an earnest money deposit, this does not mean you are entitled to it. The earnest money check is cashed and held in a bank account assigned to the title company. In most cases, the offer provides the buyer with financing contingencies that entitle them to a refund if they lose their financing. In addition, they will have a due diligence process (explained on the next item) that allows them an exit strategy due to inspections etc. That being said, both parties to have to sign a cancellation of escrow in order for the buyer to obtain a refund. You have legal rights as well and will have the right to refuse the reimbursement with your legal representation. The Escrow officer will be determined in the contract. Nothing will be done without both parties agreeing, that includes the actual closing of the home.

14. Due Diligence - Due diligence is the process where the buyer investigates everything they need to know, in order to make an educated a decision about the condition and whereabouts of the property. This includes inspections, investigations of nearby schools, worship, and other buildings or services pertinent to the buyer, home owner's association's amenities and regulations, and property inspections. The length of due diligence is determined in the contract and is typically 10-15 days. The buyer has the right to withdraw their offer and obtain a refund of earnest money within that due diligence process. After the due diligence process is complete, only finance contingencies, or the sellers failure to perform (honor the contract) would entitle them to a refund, unless otherwise agreed upon in the contract. In a "normal" transaction, due diligence would begin on the date the contract is signed. In a shortsale transaction, due diligence (unless otherwise stated in the contract) begins upon written bank approval of the short sale financing contingency. In other words, approval of the shortsale.

15. The Bank Process - Once the bank receives the offer and the shortsale package, they begin their procedure. They will order what they call "Values". The values are usually obtained by two reports. The first is a standard appraisal. The appraiser will valuate your property based on the condition and nearby sales. The second is a Brokers Price Opinion, more commonly know as a BPO. The BPO is ordered from a non-affiliated real estate agent. In most cases, especially if your property is occupied, they will only do a "drive by" obtaining exterior pictures and statistics for the bank. The bank will then assign these values to a negotiator. The negotiator will then determine if the offer is acceptable. If you have multiple mortgages, this process has to be completed with each bank.

16. The Decision - Most of our short sales are being approved, but new rules and regulations are put into play everyday. The most common reason for denial is liens. If you have not paid your HOA dues, you will be unable to pass a free and clear title if they have placed a lien on the property. We strongly encourage you to keep your HOA dues current. If there is a mechanics lien (sometime seen from a pool builder or repair person who was not paid), It makes it difficult, but not impossible to close. The bank would have to agree to pay off this lien. If the offer obtained is high enough, and the bank is ultimately receiving their "bottom line", it might be paid. Another recent struggle is the 2nd or 3rd mortgage. In the past, the additional mortgages would take $1,000 and right it off. Today, they are getting tougher. We must get the additional mortgages to agree just as much as the first. Without their approval, we have no sale. Some banks have a standard (we won't take less than ___dollars or ____percent of the sales price) and some are more flexible. We won't know until we get into the details of your short sale. Once the bank(s) approve, they will give us a written approval stating their terms (bottom sales amounts, commissions, closing costs, timeline to close etc.) You still have to agree to sell. If you don't agree with their terms, you don't have to agree to the short sale either. If there is a denial, you owe nothing to the brokerage.

17. The Commissions - This is the good news. You do not pay the brokerage/agents commission, the bank does. The goal here is for the loss of your home to be your entire expense. Although we have a transaction fee, we ask the bank to pay that as well. The only thing you may have to pay is liens or HOA arrears if they can't be negotiated.

18. The Closing - This is the best part. Once the acceptance from the bank is handed down, the HOA (home owner's documents) package is approved, and the due diligence is completed, the buyers & sellers are brought into the Title Company to sign off on all documents. The buyer's funds are then deposited (usually within 24 hours - 72 hours of signing), the deed is recorded, and you are done. You must vacate the property PRIOR to closing. In our experience, it is best to vacate the property 72 hours prior to closing (provided both parties have signed). This allows the buyer to complete the walk through on a vacant property. This is not required, just suggested. We suggest you have all utilities scheduled for shut off on the next MONDAY after closing. This way, if there is an extension for any reason, you are not stuck in the property with no power, gas or water. Please remember to forward your mail to your new address.

19. The End - Hopefully a smooth process and you are now free to begin the next chapter of your life!

Call 702-604-7739 to be assigned to your Las Vegas Short Sale Specialist (North Las Vegas or Henderson) today with Coldwell Banker Wardley Las Vegas Real Estate.