This class discusses the rule behind the three way reonciliation and how to perform a reconciliation.

Carolyn Hallett is the only instructor teaching this class. 

This class is designed for the QB/AB or owner employee acting as manager of staff who manage and lease residential units. It covers operations management of marketing, leasing, and management of residential units. We will discuss a supervision plan for the brokerage including reporting, staff training, supervision and components of a policy / procedure manual for the brokerage as well as how to handle an emergency at your property.

This class will review case studies based on the Uniform Owner Resident Relations act (UORRA) – including evictions, court cases and other cases that interpret the act. Rules from the New Mexico Real Estate commission (NMREC) related to property management will be demonstrated via case studies as well as complaints and or hearings. Any other industry available residential property management case studies will be also reviewed.

Learning Objectives

1. Attendees will review real and created cases regarding the UORRA, NMREC rules, and other industry publications related to residential property management.

2. The root cause or a situation or wrong doing that happened as well as what should have happened will be reviewed. Attendees will learn what should have happened so as to be within the law / rules.

3. This will be a good way for attendees to learn local / industry cases and be able to learn the law and rules from practical application.

4. Attendees will work in groups / individuals by reviewing each case and discussing what happened and what should have happened.

For residential owners, property managers, leasing representatives of rental property, it is important that you have a thorough understanding of the court process for evictions, etc. here in New Mexico. This course provides a review of the Owner / Tenant responsibilities, violations and the court process. Learn how to prepare for court so as to have the best chance of victory.

Learning Objectives

1. The class will examine the obligations of the uniform owner residential relations act for both owners and tenants.

2. The class will review the breach of agreement by both owner and resident.

3. The class will learn which forms to use and how to prepare a case for court.

4. The class will explain the eviction and collection procedure.

This class is reviews state and federal rules and laws for property managers and leasing representatives. In addition if covers best practices in management agreements and rental agreements. It will cover applicant screening in some detail. In addition it will cover property maintenance, reporting to owners, marketing and leasing of the property. Risk management will also be included.

A complete review of the three types of trust accounts:  brokerage, property management,  special, and custodial acounts.  This course discusses Qualifying Broker duties and special instructions for all trust accounts.

This is a mandatory class for all property management brokers every three years or anyone becoming a property manager before managing your first client.  The class covers the entire Act, and goes over various notice types, court forms and court actions. 

Meet your ethics requirements for both the New Mexico Real Estate Commission and the National Association of Realtors with one class!  This class will cover many segments of the Code of Ethics.  This will include the history, the code itself as well as the enforcement process.  We will also cover Pathways to Professionalism, procuring cause and case studies of selected articles. 

Technology is becoming a more important part of our every day.  The tech tips learned today will enhance your ability to be a more effective and professional broker in the future.  You will learn how to splice and stack documents, how to maintain contractual obligations, how to advance your marketing and create more transactional efficiency. 

Taxes are a given in life.  Your real estate business can have numerous taxes associated with it.  Learn about different taxing entities, the State of New Mexico gross receipts taxes, income taxes, miscellaneous taxes, federal income taxes, business expenses and local lodgers' taxes.  A great class for the new associate broker to the long time qualifying broker.  

Carolyn Hallett is the only instructor teaching this class.  She was a State of New Mexico tax auditor and bureau chief for 24 years. 

It will help educate licensees on different types of plumbing pipes, sewer pipes and duct work.  All of the licensees will have a deeper understanding of all when talking with clients. 

This 4-hour course will provide attendees with a professional working knowledge of the cannabis industry in New Mexico, and the United States, and demonstrates how the growing industry might impact the real estate business. A thorough review of the laws surrounding cannabis will be provided. The attendees will be informed on possible issues that might arise from the always changing cannabis laws and understand the impact as cannabis use becomes more prevalent in society and everyday business practices.

Fun, interactive small group discussions on four of RISC Insurance claim studies with sharing in general sessions. This class #1 is geared for the brokerage side of real estate.  Use this knowledge from real life situations in your business now!

Carolyn Hallett is the only person teaching this class. 

This four-hour course is designed to provide attendees with a professional working knowledge of the NMAR Listing Agreement and the disclosures required to be completed prior to acceptance of an offer to purchase and more. Forms covered include: Lead Based Paint Addendum, Lead Based Paint Renovation, Repair and Painting Program Info Sheet, Property Tax Levy Estimate Info Sheet, Public Improvement District info sheet, Homeowners Association Disclosures and the most recent changes to the Listing Agreement.

This four-hour continuing education class is designed to provide attendees with a professional working knowledge of the NMAR Purchase Agreement and the forms most likely to be used with it. Forms covered may include the Limited Service Notice, Buyer Broker Agreement, Supplemental Broker Duties, Septic System Contingency, Buyer Sale Contingency, ORW and the most recent changes to the NMAR Purchase Agreement.

Your real estate license is a valuable thing, so learn to protect it! This class covers information on anti-trust compliance and E & O insurance (when you're covered, when you're not).  Other topics include disclosure requirements, types of misrepresentation, conflict resolution and home-buying hazards.  Do you know what to do if you get a call from someone else's attorney?  And much more! 

This is an advanced forms class that covers forms including the Escalation Clause, Appraisal Contingency Waiver Addendum, Buyer Sale Contingency, Closing and Funding Contingency, Addendum for Back Up Purchase Agreement and Sellers Notification of Multiple Offers.

A licensee's disclosure requirements come from multiple places. This course will examine the disclosure requirements, help licensees understand the different sources of the requirements and help licensees understand the very short list of items where disclosure is not required and in some cases, prohibited.  Attendees will learn these things in a fun and engaging environment laden with classroom activities. 

Errors and Omissions (E & O) Insurance is mandatory in New Mexico.  Learn all about what your E & O policy covers and when it does NOT cover you.  We'll go through how the policy works,  staying out of trouble, and what to do if someone is going to file a claim against you.  We include many tips from the Rice Insurance legal staff.

Carolyn Hallett is the only instructor teaching this class. 

The real estate market is still hot in New Mexico, sometimes leading to multiple offers and bidding wars on residential properties. A tool when a Seller asks for "Highest and Best Offers," an escalation clause can be an effective way for a buyer to gain a competitive advantage in negotiations. This course will cover the NMAR Escalation Clause as well as the NMAR Appraisal Waiver Contingency Addendum. Join us for a focused, on-point class that will improve your transactional expertise!

Navigating the inspection and repair process requires a good understanding of the inspection and repair paragraphs of the NMAR Listing Agreement and Purchase Agreement, as well as the Objection, Response and Resolution Agreement.

Here are some of the topics we will cover in this course:

• If a Buyer completes their inspections, and they want to terminate, do they have a right to?
• If the broker for the Buyer sends the complete inspection report to the Seller have they defaulted on the contract?
• Should the Seller share an inspection report from a previous Buyer if the transaction terminated?
• If not, what is the best way for the Seller to disclose adverse material facts about the property?
• What are the Buyer's options if the Seller won't complete any repairs they ask for?
• Join us for a focused, on-point class that will improve your transaction expertise! 

Learn the basics of seller financing and real estate contracts! Who should attend this class?

• Real estate brokers who looking to help buyers and sellers utilize seller financing
• Brokers who are looking to buy and sell properties for themselves utilizing seller financing
• Brokers looking for investment opportunities for themselves and their clients

Here’s what we’ll cover during class: An overview of the timeline of a real estate contract

•  How to complete the NMAR Real Estate Contract Addendum
• The doctrine of equitable conversion
• The restrictions on seller financing
•  Basic wrap and investment strategies
• Approved by the NMREC as Practical Application of Real Estate Contracts (course #21020321)

New NMAR forms come out all the time! In this course, you will learn about the latest revisions to the forms that residential brokers use daily.  This will include the Buyer Agreement, Buyer Broker Termination Agreement, Notice to Unrepresented Buyer and other recent changes to the forms. The course will also cover three forms the Buyer's Broker can use to seek offsetting compensation for their buyer clients, including the Seller's Compensation to Buyer's Broker, Third Party Beneficiary and Cooperation and Compensation Agreement.

Come to class and learn more about the purpose of contingencies in the NMAR Residential Purchase Agreement and the details of how they work.

All qualifying brokers are required to successfully complete a six (6) hour qualifying broker refresher course as a condition of license renewal or as a condition of reinstatement of qualifying broker status regardless of age or years of licensure.  This does count towards 42 hours of CE requirements.  The Qualifying Broker Refresher Course gives QBs an excellent opportunity to receive up to date information.

There will be a thirty minute lunch break. 

Learn more about deadline defaults and other defaults, the Notification of Default and Opportunity to Cure and definitions contained in the NMAR Residential Purchase Agreement.

This eight (8) hour, two day class is designed to provide attendees with professional working knowledge of the NMAR Forms most likely to be used in the course of a typical residential real estate transaction including: Listing and Purchase Agreements, Lead Paint Addendum, Lead-Based Paint Renovation, Repair, and Painting Program, HOA documents, PIDs, SADs, and Broker Duties Supplemental.

DAY 1 of this class will cover Anatomy of a Listing Contract 

DAY 2 of this class will cover Anatomy of a Purchase Contract.

By registering for Understanding and Using NMAR Forms you will receive a bundled discount and get credit for both the Anatomy of a Listing Contract class and Anatomy of a Purchase Contract class. 

**This is a TWO DAY CLASS, you will recieve the same zoom link for BOTH DAYS.

Learn general and broker information about wells and septics.  We will go over 1) a line by line review of NMAR form; 2)  state and local laws; 3) practical tips on educating your seller and buyer.  It's imperative that brokers understand these regulations and how to best represent both buyers and sellers with regards to properties that have a well and/or septic system.

We will cover six appellate court decisions that have created "common law" in New Mexico.  We'll also cover several cases from the files of the New Mexico Real Estate Commission.  

"Back to the Basics" is the theme of the 2022 NMREC Core Course.  Topics for this course include the broker duties of reasonable care and disclosure of adverse material facts.  Associate Broker responsibilities, Transaction Coordinators and disclosure, avoiding the unauthorized practice of law and more.  Brokers will dissect real estate scenarios to deepen their understanding of how basics should be applied to real life.  Hot topics in real estate will be covered as well, reflecting the changes and challenges of the industry including information from NMAR Legal Counsel Ashley Strauss Martin. 

The 2023 core course will cover interesting real estate statistics, updated information on E & O insurance claims from RISC, a section on understanding transaction brokerage versus agency, case studies from the files of the New Mexico Real Estate Commission, homeowners associations and other hot topics in the real estate industry. 

Topics for the 2024 NMREC Core Course include the First Five Broker Duties, Artificial Intelligence, Proposed Team Rules and Antitrust. Our ZOOM courses are designed with interaction in mind. so come to class prepared to participate in activities!

The 2025 NMREC Core Course will include segments on antitrust law, QB supervision, professionalism (manners) in the field, E&O Insurance, Legal Update and other hot topics in New Mexico real estate. 

This is available year round! 36 hours of CE credit for $390.00 plus tax. Includes 3 Core Courses, Core Electives and an Ethics Elective!  Call us with any questions 505.348.3381.

We are excited to present these three Purchase Agreement courses at a bundled rate (30% off)! 

The NMAR Purchase Agreement (PA) has three cover pages and 48 paragraphs! How can a four-hour class like Anatomy of a Purchase Contract possibly cover everything a practicing broker needs to know?

This month, we introduce Purchase Agreement Mastery—three courses offered over three days that break down and focus on very specific parts of the residential PA. Upon completing this course, a broker will have an increased understanding of the PA and its intricacies. 

November 20 Triple D:  This course explains the critical differences between deadline defaults and non-deadline or "other" defaults and some NMAR Residential Purchase Agreement definitions.

November 21 One Thing Leads to Another: learn about the primary contingencies in the NMAR Residential Purchase Agreement and how automatic terminations can work in conjunction with defaults. 

November 22 Inspections, ORRs, and Repairs: This class focuses on the do's and don'ts of the inspection and repair process. 

This is a special bundled price for all three courses. You will receive CE certificates for each class. Purchase Agreement Mastery is not a course; it is a bundled price (discount) for signing up for all three courses simultaneously.

The course is provided over two days. Registrants must attend Part 2 the following day to receive credit for any portion of the course,

All qualifying brokers are required to successfully complete a six (6) hour qualifying broker refresher course as a condition of license renewal or reinstatement of qualifying broker status regardless of age or years of licensure. This does count towards 42 hours of CE requirements. The Qualifying Broker Refresher Course gives QBs an excellent opportunity to receive up-to-date information.

The course is provided over two days. Registrants must attend Part 1 the previous day to receive credit for any portion of the course.

All qualifying brokers are required to successfully complete a six (6) hour qualifying broker refresher course as a condition of license renewal or reinstatement of qualifying broker status regardless of age or years of licensure. This does count towards 42 hours of CE requirements. The Qualifying Broker Refresher Course gives QBs an excellent opportunity to receive up-to-date information.

This is available year round! 42 hours of CE credit for $460.00 plus tax. Includes 3 Core Courses, Core Electives, Ethics Elective, QB Refresher and NMREC Meeting Replay!  Call us with any questions 505.348.3381.