Course

JAN. 14 • 9 AM - 12 PM

Navigating the new 7.0 Sales Contract

3 C.E. Hours

Curious about what's new in the Multi-Board 7.0 Contract?  Learn about what has changed, how to handle multiple offers, confidentiality of offers, what mistakes can make a contract void or voidable, who signs when an entity is the seller and buyer, and so much more. 

During this course attendees will learn:

  • Essential elements of a contract
  • What agents are authorized to do regarding contract formation
  • Requirements under the Illinois Real Estate Licensing Act of 2000 and Code of Ethics
  • Contract negotiations
  • Handling multiple offers
  • Contingencies, disclosures, and back up offers
  • Contract default procedures
  • Earnest money and escrow requirements

At the conclusion of the course, attendees will understand:

  • What constitutes a valid, enforceable contract
  • What can make a contract voidable
  • What constitutes unauthorized practice of law
  • The types of contingencies and elements of contingencies
  • The processes involved in presenting offers and counteroffers
  • Multiple-offer procedures and back-up offers
  • The different disclosures that must be given to buyers
  • Escrow procedures
  • Remedies for the parties when there is a default 
  • Bookkeeping requirements

 

 

Sponsored by: Illinois REALTORS® #2018-083

ADA requirements: If you have any disabilities that require special accommodations, please identify those needs with our Education Department at 630.324.8400 or education@succeedwithmore.com.

Continuing Education Type

Elective

Course Code

RB770

Date & Time
Monday, January 14, 2019
09:00 AM - 12:00 PM
Add to Calendar 20190114T150000Z 20190114T180000Z UTC Navigating the new 7.0 Sales Contract Navigating the new 7.0 Sales Contract MORe's Downers Grove Office - 6655 Main St. , Downers Grove, IL, 60516 MORe's Downers Grove Office Add upcoming event to calendar.
Location
MORe's Downers Grove Office Classroom A
6655 Main St.
Downers Grove IL 60516
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Format

In-Person

Price

$30 Member

$50 Non-Member

Instructor

Annette Akey Panzek
ABR, CNC, GRI, SFR, SRS

Annette Akey Panzek, has been a REALTOR® for over 28 years with experience in residential sales, including short sales & REO properties, and experience in property management & light commercial property. She is a licensed real estate continuing education & pre-license instructor and holds several designations including ABR, CNC,  GRI, SFR, and SRS. She is a Mem...

Annette Akey Panzek, has been a REALTOR® for over 28 years with experience in residential sales, including short sales & REO properties, and experience in property management & light commercial property. She is a licensed real estate continuing education & pre-license instructor and holds several designations including ABR, CNC,  GRI, SFR, and SRS. She is a Member of the Governmental Affairs and Professional Standards Committees and Chairperson of the Broker/Lawyer Committee.  She is also involved with Illinois Realtors on several committees & working groups throughout the years. She also is an active Broker & Trainer for EXIT Realty Redefined in Wheaton.