(Left to Right) Founder & Director Ameritus Dr. Ken Baldwin, PhD; Director Mrs. Donna C. Boyer, GRI; Director of Broker Instruction Mr. James B. Adams, MBA
Let's start here...
Congratulations on your decision to enhance your performance in an ever-competitive Real Estate industry! We understand this choice impacts a lot more than simply receiving an education which is why we've tailored the Course to fit the busiest of schedules in an ultra-efficient method to incorporate State-required knowledge with proven adult-learning techniques, public expectations, and preparation for tomorrow's business landscape in a fun, student-networked environment to guide your success. We're not here to talk about baseball cards...
The Broker's Course is 150 hours of online-delivered education via Zoom divided into 3 courses: General (90 hours), Office Management (30 hours), and Agency & Ethics (30 hours).
Cost for the complete bundle: $1,249 Call NOW for current pricing!
Cost includes all 3 courses, text book, taxes, and fees.
Once your hours are completed, you'll be challenged with a State-required Course exam to graduate where you'll then receive the documents for the Real Estate Commission to consider your application for Broker licensure to include the next steps for State examination with PSI.
There are some special situations that may apply:
2 year deadline to finish the Course from the first day of class
1 year deadline to pass the State exam from the date of graduation
The Commission will not award a Broker's license without a minimum of 3 years* full time as a NJ Real Estate Salesperson licensee however you may begin intruction before then.
*Qualified disabled military Veterans may be waived the 3 year requirement. Please refer below for more information.
Certain NJ Lawyers may be waived the 90-hour General course. Please refer below for more information.
Certain State licensures may qualify for reciprocation. Please refer below for Out-of-State candidacy.
General Course
The General Course is the 90-hour focus where Candidates will begin their leap from production sales to a complete industry subject matter expert in the entire spectrum of roles the Broker's license provides. You'll learn an array of skills and knowledge to be consolidated in your business with special attention to legal topics including:
License laws and regulations including provisions of the Real Estate Sales Full Disclosure Act and applicable State statutes
Sales & rental listing contracts
Sales purchase contracts
Deeds & real property rights and interests including nature of ownership, legal description, chain of title, restrictions, consideration, acknowledgments & recording, land & land elements, water & riparian rights, State claims regarding tidelands estates and other interests, methods of ownership, dower & curtesy, wills & descent, adverse possession, and fixtures
Advanced financing techniques including qualification formulae, prerequisites (insurance, flood insurance, certificate of occupancy, etc.), and income tax ramifications
Liens, foreclosures, & redemptions
Easements & restrictions
Condemnation
Zoning including non-conforming uses, variances, subdivisions, planning, zoning issues raised by condominium construction or conversion, and other types of real estate development
Non-Government surveys and legal descriptions
Property taxes, assessment, re-valuations, assessment appeals, and special appeals
Real estate valuation including techniques and distinctions between comparative market analyses and formal appraisals
Settlement/closing procedures and RESPA
Real Estate mathematics
Federal Fair Housing and the New Jersey Law Against Discrimination, New Jersey "Mount Laurel" requirements, Truth in Lending, rent control, New Jersey Land Use Law, New Jersey's Truth in Renting Law, and resale of mobile and manufactured housing units
Radon contamination including testing & remediation techniques and the New Jersey DEP confidentiality statute
Ground water contamination including testing & remediation techniques
Waste sites
Ground water percolation & private sewage disposal systems
Wetlands, Pinelands, and other various State classification areas
New Jersey's Coastal Areas Facilities Review Act
Company structure including single ownership, partnership, corporate, requirements to establish, employees, and independent contractors
Real Estate bookkeeping and accounting, escrow responsibilities, company dollars, ledgers, records, and technology
Personnel management including recruiting, hiring, training, supervising, compensation, and termination
Advertising & promotions
Community involvement
Insurance (including errors and omissions)
Business ethics & legal liability, disclosure requirements, and case studies
Commercial & industrial real estate including small scale, large scale, leasing, financing, site analysis, advertising, remuneration, bulk sales, Uniform Commercial Code, considerations in franchise transactions, Environment, Building Officials & Code Administrators, construction financing, and other commercial construction concerns
Property management responsibilities and information regarding repairs & maintenance, public relations, collection of rents, government regulations, business trends, personnel, recordkeeping, and advertising
Residential real estate development, requirements of New Jersey's Planned Real Estate Development Act, time-sharing, the Home Owner's Warranty program, concerns regarding single-family & condo/co-op development, conversion, marketing, and financing
Leases & landlord/tenant laws and the Truth in Renting Law
Real estate investments, syndications, Real Estate Investment Trusts, limited partnerships, and Security & Exchange Commission licensing requirements
Income tax considerations & ramifications of various real estate transactions
Agency & Ethics
The Agency & Ethics Course provides 30-hours of compliance discussion that help Brokers tackle the toughest situations with exceptional moral and legal solutions with topics such as:
Fiduciary duties
Disclosed & undisclosed dual agency
Conflicts of interest and self-dealing
Risks and benefits of sub-agency
Acting for more than one party to a transaction including those pertaining to licensees providing mortgage services
Disclosure requirements
Issues raised by licensees involved in transactions as non-agents
The obligations to properly qualify or pre-qualify prospective purchasers and related issues
Office Management
The Office Management Course contains 30-hours designed to prepare your business for compliance and success. Our focus is on helping tomorrow's Brokers establish a well-founded but dynamic model to help their business scale while providing their agents with the tools to support your operation as well as their's. These topics include:
Recordkeeping requirements & escrow account records
Supervision & training of licensees to assure their compliance with the license law and the rules of the Commission
Proper qualification & pre-qualification techniques and office training
Contracts, leases & listing agreements, and Broker advertising
Closings
Environmental concerns
Licensure requirements & procedures applicable to license applications, transfers, changes, and office closings
Veterans, Lawyers, & Out of State Candidates
Military Veterans: with a VA disability may be eligible for a waiver for the 3-year requirement. Veterans must still graduate from a State-licensed 75-hour Salesperson's Course (Salesperson's State exam not required) before beginning their 150-hour Broker's Course (Broker's State exam is required). Contact us for more information.
"Disabled war veterans; granting of license: Any citizen of New Jersey who has served in the armed forces of the United States or who served as a member of the American Merchant Marine during World War II and is declared by the United States Department of Defense to be eligible for federal veterans' benefits, who has been honorably discharged, and who, having been wounded or disabled in the line of duty, has completed a program of courses in real estate approved by the New Jersey Real Estate Commission, and who has successfully passed an examination conducted by said commission qualifying him to operate as a real estate broker, broker-salesperson, or salesperson, may, upon presentation of a certificate certifying that he has completed such program of courses as aforesaid, obtain without cost from the commission and without qualification through experience as a salesperson, a license to operate as a real estate broker, broker-salesperson, or a real estate salesperson, as the case may be, which licenses shall be the same as other licenses issued under R.S.45:15-1 et seq. Renewal of licenses may be granted under this section for each ensuing license term, upon request, without fees therefor." -NJS 45:15-11
LAWYERS: who have been licensed as a NJ Real Estate Salesperson for 3 years full time may be waived the 90-hour General course with a lower Course cost (see below for current incentives). Contact us for more information.
"All NJ attorneys who wish to obtain a broker’s license must first be licensed and work on a full-time basis as a salesperson under the authority of a broker for three full years. Such persons should apply for a waiver of the 90 hour broker course based upon their status as a NJ attorney in good standing as of the date of the application for the waiver. The waiver remains in effect for a period of one year only." -NJREC Waiver Application
OUT-OF-STATE: Real Estate Brokers who have operated full time for the preceding 3 years may be waived the 90-hour General course with a lower Course cost (see below for current incentives). Contact us for more information.
"If you are the SOLE PROPRIETOR, submit a letter on your business stationery indicating you have been actively engaged in the real estate brokerage business on a full-time continuous basis for the three (3) years immediately preceding your application and not merely licensed. If you are a BROKER, BROKER-SALESPERSON OR ASSOCIATE BROKER, submit a notarized letter from your employing Broker stating that you have been employed on a full-time basis and actively engaged in the real estate brokerage business as a Broker- Salesperson or Broker Associate for the three (3) years immediately preceding your application and not merely licensed." -NJREC Waiver Application
Discounts & Incentives
MILITARY & 1ST RESPONDERS DISCOUNT: Cape Atlantic thanks you for your service and invites you to a $50 discount for the 3-Course bundle or $25 discount for the 2-Course bundle if you also rate the 90-hour General course waiver.
LAWYERS & OUT-OF-STATE DISCOUNT: For those approved for the 90-hour General course waiver, the total cost for the 2-Course bundle is $549. You'll also be invited to attend our 90-hour General course for your own benefit as a non-certificate visitor.
REFERRALS: There's no better way to show your appreciation for your School than referring your friends and we'd like to thank you with a $25 gift card to your favorite major brand store with each paid enrollment!
ALUMNI OFFICE (CASORE FAMILY) DISCOUNT: As a congratulations on the success of your new Brokerage and refering your agents to train at your alma mater, those leaders who aspire for their Broker's licenses will enjoy a $50 discount.
Continuing Education
At this time we are unable to provide CE courses at prices competitive with current online offerings. We encourage you to reach out to your local board for the best current training and prices offered.
