TERMS AND POLICIES
Courses of instruction are designed for the person who desires to enter in the real estate business and to prepare himself/herself to take the state real estate examination to qualify for licensure and continuing education requirements.
Preparation for Salesperson Licensure
Preparation for Salesperson Licensing
Preparation for Broker Licensing
Continuing Education Courses
Subjects Covered: Students study the various pertinent facts on real estate transactions.
Subjects discussed include: Ownership, Encumbrances, Contracts, Transfer and Leases, Finance, Land Description, Appraisal, Closing Statements. Income Taxes, Laws of Agency, Deeds, Real Estate Arithmetic and other continuing education subjects and courses.
All students must be 18 years of age and competent in the reading of required materials.
Each course has specific requirements for completion.
Please see these requirements on the enrollment applications.
Online Courses must be completed within 12 months of registration.
Mark Guagliardo is Principal of Educated Agent, Active Real Estate Principal Broker of United States Real Estate Corporation and the Hawaii Real Estate Team.
Classroom Location and Facilities Office
1043 Makawao #110, Makawao HI 96768
Classroom schedule online at EducatedAgent.com
Leaves and Absences in Classroom
Due to the short length of these courses, no leave will be granted. A student is expected to attend all scheduled classes. An absence will be excused only in the event of an emergency. Students should contact the instructor as soon as possible when he / she cannot attend class. A student missing more than one day will be terminated and must reapply for the next class.
Cost for classes vary. Please see the enrollment forms at EducatedAgent.com for Tuition and Fees.
Educated Agent is licensed by the Hawaii Real Estate Commission, State of Hawaii Department of Commerce and Consumer Affairs (DCCA) and courses are accredited by the Association of Real Estate License Law Officials (ARELLO) (www.arello.com) to offer distance learning courses.
Refund policy as required by the State of Hawaii, Students may receive a partial refund if they drop the course anytime after they have begun the course. Students who drop out due to illness, transfer, etc will be refunded the remainder of tuition on a pro-rata basis determined by the number of classes attended or completed.
Passing scores of on both the General and State portions of the Educated Agent final exam are required to complete the Salesperson or Broker Course. The final exam may only be taken on the scheduled class dates and times, online upon completing required courses. Students who fail to take that exam may forfeit the right to take the exam at a later date. *No Absences.
Students who do not pass the final exam may retake the final exam, online at any time, in classroom at a scheduled time, usually within the following 2 weeks, OR Student may retake the course in the session immediately following, free of charge, as long as that student incurred no absences during the entire class session. This opportunity to retake the makeup exam or retake the course for a second time, at no charge, does not extend past the session immediately following the session in which the student is originally enrolled in. If further retaking of the course is necessary, consecutive courses may be taken for for additional fees.
Certificate of Completion
Upon successful completion of the course, a Certificate of Completion will be issued. This certificate is required to be presented at the testing center in order to take the State exam. Upon receiving their certificates, students should check all information for accuracy.
State Real Estate Exams
The Hawaii Real Estate Assessment for Licensure program, is administered by the company “PSI Testing Center” under contract with the Hawaii State Real Estate Commission.
The exam has two parts the “Uniform” portion covering general real estate principles and practices and the “State Law” section dealing with specific Hawaii statutes. The exam consists of multiple choice questions only. Each section of the exam is graded separately and requires a passing scores as mandated by the State of Hawaii. Candidates that fail either portion of the exam may retake the exam and need only retake the part of the exam failed.
Forms and detailed information regarding the State exam will be provided during the course. Your completion certificate from Educated Agent is effective for two years from the date of issue, allowing you take the licensing exam anytime during that period.
Anyone who successfully passes the State licensing exam must apply for their license, in writing, within two (2) years of passing the examination date, or their test scores will be declared invalid, and they must retake the exam. Licensing fees must be paid at the time of application.
For more information on the State exam please contact PSI directly at 1-800-733-9267 or visit their website at: http://www.psiexams.com
For more information regarding Real Estate Licensing in Hawaii, please call the Hawaii Real Estate Commission at (808) 586-2643 or visit their website at: http://www.hawaii.gov/hiresc/