CE and ZOOM a RECPAC Fundraiser (via ZOOM)

4 hrs. each CE (Education)

Join GAAR on Thursday,November 7th for a day of virtual classes with proceeds benefiting the Real Estate Community Political Action Committee (RECPAC).  RECPAC is comprised of GAAR and CARNM Trustees who educate City and County officials on local issues that affect home buyers, sellers, and the real estate industry.

Date:Thursday, November 7, 2024

Price:  $70 GAAR & CARNM members, $110 for non-members
Location:  Zoom

This is an a la carte menu all for one price!  You can pick and choose any of the following: 

Course Schedule:
8:00 am - 12:00 pm:  1031 Exchanges  (4 CE – Core Elective) 
8:00 am - 12:00 pm:  NAR COE & Enforcement  (4 CE – Code of Ethics) 

1:00 pm - 5:00 pm:  2024 NMREC Core Course  (4 CE – Core Course) 
1:00 pm- 5:00 pm Anatomy of a Purchase Contract(4 CE – Core Elective) 

How to Register:

GAAR/CARNM Member $70

1. Go to your GAAR Member Portal. Look for Upcoming Courses, and click All. On the calendar, click November 7th. Pay the all-inclusive fee.

2. Call Membership to select which classes you will attend: 505-842-1433, option 3 or 4.

3. Mention if you are with CARNM to receive special pricing.

Non-GAAR Member $110

1. If you have a GAAR Member Portal - pay your fee.

2. Otherwise, call GAAR Membership to pay the all-inclusive fee & select which classes you will attend: 505-842-1433, option 3 or 4.

Courses Descriptions:

1031 Exchanges:(4 CE: Core Elective)
Instructor:  Bill McCoy
This course is designed to provide a general understanding of 1031 tax-deferred exchanges, a strategy for deferring capital gains taxes and depreciation recapture tax on the sale of investment properties. The course covers legal and financial requirements, types of qualifying properties, identifying replacement properties, and avoiding common pitfalls and mistakes. Practical insights and real-world examples will help brokers understand the process of executing a 1031 tax-deferred exchange, including evaluation of financial implications, creating a comprehensive plan, and working with legal and financial professionals. Topics will include the following: benefits of 1031 tax-deferred exchanges, legal and financial requirements, identification of replacement properties, intermediary and legal professional roles, common mistakes, tax implications. By the end of the course, students will have the skills necessary to successfully help clients execute 1031 tax-deferred exchanges and use this in their own real estate investment portfolio.

NAR COE & Enforcement:(4 CE: Code of Ethics)
Instructor; Bob Arguelles
Have YOU met your NAR Code of Ethics Three-year (Jan. 1, 2022-Dec. 31, 2024) Training requirement? Be proactive in completing this requirement. Avoid crowded classes, wait lists, and many other last minute complications and inconveniences by taking NAR Code of Ethics & Enforcement at GAAR. The Code of Ethics is the foundation of the REALTOR? organization, and provides the standards of practice and professionalism that customers expect and deserve.

2024 NMREC Core Course (4 CE: Core Course)
Instructor:  Pete Taylor
Of all the responsibilities required of a licensed New Mexico Real Estate Broker, there is perhaps none greater than the disclosure and adherence to the Broker Duties obligation of the broker in the completion of a real estate transaction. While all the brokers duties are consequential, the “first five" are paramount in establishing the obligation of each broker to “all the parties” involved in the transaction. The 2024 Core Course focuses on those “First Five” duties, as well as other “hot topics” and a legal update, designed to be interactive and engaging.

Anatomy of a Purchase Contract (4 CE: Core Elective)
Instructor: Beverly Hilton:
Receive an in-depth explanation and instruction on how to complete the contract. Comply with many new statutes, federal and state. Help your clients understand their choices and consequences. Key new language places responsibility on the buyer to investigate a neighborhood before signing an offer, and to complete a thorough due diligence before closing. This is the central document for almost all of your transactions - make sure you have a total understanding of this important contract.