Category Archives: CE

Mississippi Real Estate Investors Jailed After Bid-Rigging Scheme

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Nine real estate investors in southern Mississippi are facing jail time and hefty fines after violating federal antitrust laws, reports WLOX. On February 21, 2019, Christopher Vaughan and Jon Gregg Goodhart Jr. were ordered four months jail time for their part in a bid-rigging scheme.

WLOX reports that Vaughan and Goodhart Jr. conspired not to bid against each other on properties at real estate foreclosure auctions between 2009 and 2017. They predetermined a bid winner and exchanged payouts to their counterparts who did not compete against them in the bidding process.

Their illegal agreement prevented competition and drove property prices down. Vaughan was ordered to pay $20,000 in fines plus restitution. Ivan Spinner, Jason Boykin, Shannon Boykin, Kimberly Foster, Kevin Moore, Chad Nichols and Terry Tolar were also sentenced in a separate part of the same investigation.

They were sentenced to four months of jail plus fines between $20,000 to $48,000 and restitution to victims of their crimes. Bid rigging is market manipulation has been illegal since the Sherman Antitrust Act of 1890. Experts say bid rigging hurts free market competition as well as taxpayers and consumers.

Bid rigging comes in many forms, according to Investopedia:

  • Rotating the bid winner
  • Intentionally selecting bidders to sit out of the auction process to let someone else win
  • Placing uncompetitive bids to let another bidder win
  • “Phantom bidders” that place fake bids to spur real bidders to go higher than normal

Bid rigging and other ethical and legal topics are covered in our comprehensive continuing education classes.

The classes are available online from any Wi-Fi connection on tablet, computer or cellphone.

Ready to Renew Your Utah Real Estate License?

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How do I renew my Utah real estate license?

Licenses are required to complete 18 hours of Continuing education every 2 years in order to renew their license. Those that are newly licensed must complete a 12 hour “New Agent” core course.  Every renewal thereafter, real estate agents and brokers must complete 9 hours of Core courses and 9 hours of Elective courses.

What continuing education do I need to renew my Utah real estate license?

Utah salespersons and brokers are required to complete 18 hours of continuing education. Real Estate Training Institute offers a complete 18-hour renewal package, as well as, a 9 hour core package, a 9 hour elective package and individual courses.

Where do I renew my Utah real estate broker or salesperson license?

Renew your license online by logging into the Utah License Management System.

Click here for the latest state regulation updates.

How much does it cost to renew my Utah real estate license?

Broker: $66
Sales Agent: $60

Do I need continuing education if my Utah real estate license is inactive?

CE is NOT required if renewing as inactive, as long as the license is renewed on time.

Who do I contact about my Utah real estate license?

Utah Division of Real Estate
PO Box 146711
Salt Lake City, UT 84114-6711
Phone: (801) 530-6747
E-Mail Address: realestate@utah.gov
Fax: (801) 530-6749

Steph Curry is Selling his Beautiful North Carolina Mansion

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Steph Curry’s North Carolina Home | Realtor.com

Golden State Warriors star Steph Curry plays like a champion and lives like a king. To see what I mean, just check out his North Carolina home on Realtor.com, the place is stunning. The European-style new construction home features four bedrooms, three full and three half baths and is 7,467 square feet on a half-acre lot.

The home, built in 2008, has luxurious touches including stone fireplaces, stain panel rooms, mahogany doors, a four car garage, huge tub in the master suite, a movie room and finished basement. Jacarr Realty is selling the property and asking $1.55 million. The North Carolina native moved into the home 30 miles south of Charlotte in May 2011 and paid $1.275 million.

Currently, his wife, Ayesha and their children live in Alamo, California. The Sacramento Bee says their new pad is 10,290 square feet with a 1.56 acres. They’ve lived there for nearly three years.

Virginia Real Estate Salesperson Renewal Courses

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How do I renew my Virginia real estate license?

Licenses can be renewed no sooner than 60 days prior and no later than the expiration date. The state will send you a renewal card before your expiration date. If you do not receive your card you may send a renewal check payable to the Treasurer of Virginia and your registration number to:

Real Estate Board
Department of Professional & Occupational Regulation
9960 Mayland Drive, Suite 400
Richmond, VA 23233

What continuing education do I need to renew my Virginia real estate license?

Virginia salespersons are required to complete 16-hours and brokers are required to complete 24. Real Estate Training Institute offers a complete 16-hour salesperson renewal package, as well as, individual courses.

When do I need to renew my Virginia real estate broker or salesperson license?

Licenses must be renewed every 2-years by the end of the original licensure month. You may renew your license up to 60 days before the deadline.

How much does it cost to renew my Virginia real estate license?

Broker: $80.00
Sales Agent: $65.00

Do I need continuing education if my Virginia real estate license is inactive?

No, you do not need continuing education to renew as inactive so long as you renew on time.

Who do I contact about my Virginia real estate license?

Real Estate Board
Licensing Section: (804) 367-8526 | REBoard@dpor.virginia.gov
Education Section: (804) 367-2406 | RESchool@dpor.virginia.gov
Board Office: (804) 367-8552
Fax: (866) 826-8863

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