Wisconsin Continuing Education COURSE
Course 3: Wisconsin New Developments (2021-2022)
Who knew you’d spend most of 2020 Zooming—and we don’t mean to the closing table. The 2020 COVID-19 pandemic created an immediate and crucial need for real estate licensees like you to utilize more technological tools than ever before. From virtual meeting applications, to remote notarization, to electronic earnest money deposits, technological know-how isn’t just a perk anymore—it’s a requirement.
Another outcome of the COVID-19 pandemic is that it cut short the Wisconsin legislative session. However, state lawmakers managed to squeeze through several real estate-related laws before the doors closed. Several other bills that would’ve impacted real estate failed to pass into law before the session ended, but reviewing them can still inform how you practice real estate. After all, if they’re on lawmakers’ minds, they should be on yours, too. In addition to new and almost-laws, the Department of Safety and Professional Services (DSPS) updated several real estate forms: the WB-11 Residential Offer to Purchase, WB-13 Vacant Land Offer to Purchase, and WB-14 Residential Condominium Offer to Purchase forms. We’ll spend some time reviewing those updates as well.
This three-hour course highlights technological advancements in real estate and summarizes key updates to the forms you use and the laws to which you’re subject, as well as the topics addressed by several failed bills. An increased awareness of both passed and failed real estate-related laws helps you go above and beyond in serving and protecting your clients.
Course highlights include:
- Integrating technology into real estate practice
- Remote notarization
- Electronic earnest money deposits
- Technology and data security
- Updates to the WB-11 Residential Offer to Purchase, WB-13 Vacant Land Offer to Purchase, and WB-14 Residential Condominium Offer to Purchase forms
- Bump clauses and secondary offers
- Recently enacted laws in Wisconsin
- How failed bills can inform the licensee’s practice (e.g., landlord-tenant bills, radon-related bills, and other noteworthy bills)