Professional Development Courses

REMINDER:  Payment must be made at time of registration or registration will be canceled and a walk-in fee will be charged for payment-at-the-door.
Cancellation Policy:  Requests must be made in writing 48 hours prior to class date. Emailed to Tammy Satzberg at tammy@aacar.com.  If requests are not received in time, funds will not be returned or transferred to another class.
 
If you received your INITIAL license on or after October 1, 2023, AND this is your first renewal, you must complete the following CE hours:
 
Contracts Code: J 3.0 hours
Brokerage Relationships and Disclosures Code: H 3.0 hours
Principles of Real Estate Practice Code: L 3.0 hours
Property Management and Landlord and Tenant Laws Code: M 3.0 hours
Professionalism Code: N 1.5 hours
Real Estate Financing Code: O 1.5 hours
 
For licensees licensed prior to October 1, 2023, your continuing education remains the same:
Legal and Legislative Update Code: A 3.0 hours
Fair Housing Code: C 2.0 hours
Ethics Code: D 3.0 hours
Brokerage Relationships & Disclosures Code: H 3.0 hours
Electives Code: F 4.0 hours
03 Mar

Investing In Airbnb Properties: How to arm your clients w/ knowledge about this growing part of busi

Investing In Airbnb Properties: How to arm your clients w/ knowledge about this growing part of busi

Wednesday, March 3, 2021 (10:00 AM to 11:00 AM)
0 Education Credits

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Sean & Jennifer Degnan, Owners,iTrip Vacations Annapolis
Investing in Airbnb Properties: How to arm your clients with knowledge about this growing part of the real estate market

CLASS OUTLINE
1) Airbnb just had their IPO and now have a larger market share than Hilton, Marriott and Hyatt COMBINED. What’s going on??
2) Growth of the Short-term vacation rental market:
——->Nationally
——->Annapolis Metro: year by year
——->Annapolis attracts 2 MILLION unique visitors per year!
3) How does the short-term rental market help homeowners, guests and realtors?
4) Homeowners: extra income; flexibility to stay in the property whenever they want
5) Guests: more space than a hotel room, have their own kitchen and living space, can travel with other families and larger groups under one roof.
6) Realtors: provide their clients with a great option for an investment property or 2nd home, or to make extra income on bigger events in their primary home.
7) Travelers’ willingness to travel during COVID
8) Regulations
9) Register for STR license with City ($200/year) or County ($400 every 2 years)
10) Sales & Use Tax ID
11) Remit taxes (City 7%, MD 6%)
12) Submit monthly bookings form
13) Limit 1 STR property per owner
14) 3-month moratorium on new and renewal licenses for short-term rentals in Zones C1 and C1A (Historic District) - link to list of streets and street number ranges affected.
15) Crafting new legislation: possibly mandating all new and renewal licensees go before a board for license approval.
16) Biggest Rental Events in Annapolis:
17) Proformas