Serving the Unique Needs of the Senior Market
Did you know that a report issued by Census.gov, An Aging Nation: The Older Population in the United States, notes that “In 2050, the population aged 65 and over is projected to be 83.7 million”? That’s almost double what that population numbered in 2012. This population group’s numbers are rising fast, and that adds up to opportunities for licensees.
The senior market needs the services of real estate professionals who understand its unique real estate needs. Working with seniors comes with some of its own challenges, concerns, and rewards. A comprehensive understanding of the particulars and practicalities of this market segment will equip licensees to serve older adult clients with the respect and honor they deserve.
In this course we’ll explore best practices in addressing the distinctive considerations in the senior marketplace. Course highlights include:
- Senior market stats in the U.S.
- Important financial and lifestyle considerations for older clients
- Seniors and legal competence
- Senior seller and property preparation for listing
- Four significant considerations for older adult buyers
- Potential snags and how to overcome them
- Options in senior adult communities, both traditional and noteworthy
- Housing programs for low-income seniors
- The senior market as a niche
State Requirements For North Dakota
North Dakota State Requirement Details for Real Estate Salesperson Continuing Education
Renewal Date: Licenses expire on December 31st of each year. CE must be completed by November 15th of each year.
Current CE Cycle - November 16, 2024 through November 15, 2025
Hours Required by the State: 12 hours
- 6 hours on 2024-2025 mandatory topics
- 3 hours on diversity, equity, and inclusion
- 3 hours on vacant property and other real estate scams and frauds
- 6 hours on elective topics
Note: There is no grace period to complete required CE. If required CE is not completed by November 15, 2025, Licensees must renew as inactive for 2026 to avoid potential disciplinary action. If the licensee renews as inactive due to late completion of CE, the licensee can transfer the license to active effective January 1, 2026, or later, provided CE is completed.
Salespersons first licensed in 2025 are exempt from CE requirements for their first renewal.
North Dakota Real Estate Commission
Street Address: 1120 College Drive, Suite 204, Bismarck, North Dakota 58501
Mailing Address: 1120 College Drive, Suite 204, Bismarck, North Dakota 58501
Telephone: (701) 328-9749
Email: ndrec@nd.gov