Broker Resources for REALTORS®
Important Updates:
Continuing Education Session:
Compensation & Clients: Disclose it! Earn it! Keep it! (virtual)
March 21, 2024
1:00 p.m.-4:00 p.m.
Earn 3 hours of CE when you attend the course in its entirety!
Instructor: Lynn Madison
At the end of this course the students will:
- Be aware of the lawsuits that have reinforced the duty of disclosure of compensation and the reasons why disclosure needs to be disclose to both the buyers and sellers.
- Be aware that buyer representation agreements will not guarantee compensation – licensees still need to do their jobs.
- Become familiar with the factors that affect decisions in arbitration hearings and how to avoid involving consumers in our disputes over compensation.
Upcoming Virtual Broker Sessions:
Louisiana REALTORS® is working to put together a schedule of virtual and in-person sessions that aim to provide an opportunity for brokers and office managers to hear the latest issues that impact the real estate industry. As the leading resource and advocate for REALTORS®, we want to make sure you get timely and accurate information that will help you, your agents, and clients in the field. Each session will provide valuable information and the opportunity to have your questions answered. The topics and presenters will vary, and brokers are always encouraged to submit ideas and suggestions to info@larealtors.org.
More dates will be added soon!
Previous Broker Power Hour Series Information
2022 Year End Review
March 1, 2023 Session
May 18, 2023 Session
August 17, 2023 Session
December 6, 2023 Session
National Association of REALTORS (NAR):
Running a profitable brokerage takes vision, discipline, and stamina—never more so than now. NAR has valuable resources available for you. Please visit the link below for more details.
Louisiana Real Estate Commission (LREC) Licensing Updates:
The Louisiana Real Estate Commission has announced changes to renewal period deadlines. The renewal period for 2024 will begin August 1, 2023. When you complete your renewal during the upcoming renewal period, you are renewing for January 1, 2024 – December 31, 2024. Please keep in mind these new deadlines when completing your renewal.
On-Time Renewals: August 1 - September 30
First Delinquent Period: October 1 - November 15
subject to a $50 delinquent fee
Second Delinquent Period: November 16 - December 31
subject to a $200 delinquent fee
Continuing Education Requirement:
The continuing education (CE) requirement of 12 hours for license renewal remains in place and must be completed by December 31, 2023. You may renew your license prior to completing your education. Failure to complete CE by the December 31 deadline will be considered a violation of LREC law and rules and you will be subject to a fine.
Licensees are also required to prove that they have purchased Errors and Omissions coverage for January 1, 2024 – December 31, 2024. This can be done either by selecting the LREC group insurance policy or submitting an Independent E&O Coverage form and a copy of your policy declaration page during renewal.
Have Questions? Visit lrec.gov/renewal-faqs
- Licensing questions: licensing@lrec.gov
- Education questions: education@lrec.gov
- Questions regarding citations, open cases, filing complaints: compliance@lrec.gov
- Questions regarding billing: billing@lrec.gov
- MyLREC Portal or website issues: it@lrec.gov
- General questions: info@lrec.gov
