The Georgia Real Estate Commission will seek changes in the license law during the 2007 term of the Georgia General Assembly. Of interest to active licensees is a request to change the number of hours required for continuing education. The new proposal will require 12 hours of continuing education per year - double the current 6 hours per year required to maintain a license.
The GREC is also attempting to better define the experience required to eligible for a broker's license. The new definition would require at least three years of active licensure as a salesperson during the five years preceding the application for a broker's license.
The Commission will also seek to obtain authority to require more hours for the required pre-license course to become a broker. Currently, broker applicants must take an additional 60 hours of education. The Commission is asking for the authority to require a course up to 150 hours in length. Other changes include an option regarding continuing education for active duty armed forces personnel and a change to treat reinstatement of lapsed licenses for failure to pay fees in the same manner as a failure to complete education.
As these license law proposals move forward in the legislature, AREA shall update you as to the final approved amendments.