First-Time Homebuyers: A Niche to Grow On
Whether you want to develop a niche business working with first-time homebuyers or simply increaseyour overall knowledge so you can better help inexperienced first-time homebuyers, this course willprovide you with the necessary foundation to serve this unique population.First-time homebuyers often rely heavily on agents’ expertise, and many feel overwhelmed, intimidated,and fearful of the prospect of buying a home. Your knowledge and calm influence can lead them towardtheir goal of homeownership, step by step.In this three-hour course we’ll explore the key characteristics of this niche market, how to cultivaterelationships with these buyers, and how to prepare them for the transaction ahead.
Course highlights include:
- First-time homebuyer market stats
- Pros and cons unique to working with this market
- Housing affordability’s impact on new buyers
- Targeted marketing approaches and conveying homeowner benefits
- Providing value to first-time homebuyer clients
- Walking clients through each step of the transaction
- Financing, loans, offers, negotiations, and closing
State Requirements For New York
New York State Requirement Details for Real Estate Continuing Education - Broker and Sales License
Renewal Date: Every two years by the exact day of your license anniversary date
Hours Required: 22.5 hours
- 2 hours implicit bias
- 2 hours cultural competency
- 3 hours fair housing
- 2.5 hours ethical business practices
- 1 hour legal matters
- 1 hour agency (2 agency hours for initial license renewal)
- 11 elective hours
New York Department of State
Street Address: One Commerce Plaza, 99 Washington Avenue, Albany, NY 12231
Mailing Address: P.O. Box 22001, Albany, NY 12201-2001
Phone: 518.474.4429
Fax: 518.473.6648