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Idaho Real Estate Commission

E-News -- March 2009

 

Renew your license online, and you may win a refund of your renewal fee! Everyone who renews his/her license online has his/her name put in for a drawing at each month's commission meeting to receive a refund of the $160 renewal fee. A new winner every month!!

If you need help to register, log in, or use the new IREC online services, please contact one of our friendly staff members at (208) 334-3285 or (866) 447-5411 (toll free in Idaho).

FEBRUARY 2009 BROKER BULLETIN AVAILABLE ONLINE! The Broker Bulletin discusses IREC's new Guideline #23, covering the requirement to be available to receive and present offers and counter offers.

IREC's Real Estatement newsletter is published online on January 1 and July 1 of each year. IREC maintains archives of e-newsletters, the Broker Bulletins, and Real Estatement newsletters at www.IREC.idaho.gov.

HOT TOPIC - Credit Counseling Idaho Code requires anyone engaged in credit counseling to be licensed with the Department of Finance. The only exception is a real estate licensee who is working with a buyer or seller as part of a specific real estate transaction. People advertising themselves as offering only "short sale negotiation" services may need to obtain a credit counseling license. Please contact IREC's Enforcement Department or the Department of Finance if you have any questions!

License Agreements Cancelled All IREC license agreements, except for Oregon, have been cancelled effective 3/23/09. Licenses obtained under an agreement have been converted to primary Idaho licenses. The biggest change for those who were licensed under a reciprocal or other license agreement is that licensees now must show proof of completing 16 hours of CE electives plus an Idaho Core course to renew the Idaho license. In addition, new license applicants who are already licensed in another state will be required to pass the Idaho portion of the licensing exam. Questions? Call the IREC Licensing Dept.

Electronic Fingerprints - Coming Soon!! The Real Estate Commission has contracted with Pearson Vue, the license exam provider, to offer electronic fingerprinting services at its Idaho and Spokane test centers for new license applicants (sales associate and broker). Candidates can take the licensing exam and be fingerprinted at the same time, and they will pay all fingerprint fees to the vendor at the same time as the exam fees. Using "Live Scan" equipment and software, fingerprints will be electronically transmitted dIRECtly to Idaho State Police for review. Results will often be received within 24-48 hours. We hope to launch the electronic fingerprinting service by April 1st, and paper fingerprint cards will be discontinued soon. We also have a plan for out-of-state candidates, so please contact us if you have any questions!

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Questions about the Idaho Real Estate Commission: info@IREC.idaho.gov

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