Real Estate Training Overview and Requirements
Discover the essential training requirements for real estate professionals, including continuous learning, leasing specialties, and experience equivalency. Stay updated on the latest certifications and courses to excel in the real estate industry.
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Presentation Transcript
DOE FIMS/RE Annual Training Real Estate Session May 2018
Overview ACP Handbook, Oct. 2017 edition Training Requirements Training in lieu of experience Continuous Learning Level I increase FAITAS FHWA Acquisition Training
Required Training Leasing All Specialty Areas* Lease Acquisition Appraisal Principles Negotiation Cost & Price Analysis Management & Disposal Federal Lease Law Utilization & Disposal *Change, but no additional requirements
Training in Lieu of Experience 180 hours (or 6 semester hours) = 1 year experience Real estate or closely-related subject Courses required for certification not eligible Certification Committee approval required Can be used to offset lack of experience in a specialty area
Continuous Learning Requirement Required to maintain CRS certification Maintaining certification required for RECO warrant
Continuous Learning Requirement Former 3 courses in 5 years + annual Ethics training Approved Courses list on Powerpedia Don t count: courses required for certification Do count: DOE annual R.E. training (1 every 5 years)
Continuous Learning Requirement New 80 CLPs every 2 years 1 CLP=1 hour of training Consistent with other certifications DOE FIMS/RE annual training Credit every year (instead of 1x/5 yrs.) Credit for full 3-days (up to 24 CLPs) More training subjects eligible: Contracting, Project Mgmt., Leadership, etc. Most training, except annual required (and required for cert.) Flexible training formats Online courses/webinars Shorter-length courses, lunch-and-learns e.g.
Continuous Learning Requirement Transition New requirement applies to: New certifications issued 1/1/2018 or later Existing certifications after completion of current 5-year cycle New requirement subject to revision if FAITAS deployment delayed or cancelled
Level I Increase Level I authority = SAT (41 USC 134, FAR 2.101, GSAM 570.102) Previously: $150,000 NDAA FY18 increased to $250,000 Certification Program will adopt higher limit MA-50 will issue memo CRS certificates: no change needed RECO warrants: level I eligible for increase
FAITAS is Coming The Destination The Journey Consistency with other DOE/Fed. certifications System notifications/routing replace some documentation Centralized certification and training records Record, track continuous learning status Waiting for R.E. program to be created in FAITAS Timing uncertain Users will need to: Create accounts Upload records of past training
FHWA Acquisition Training 2012 Uniform Act amendment requires agencies to: Enter into MOU w/FHWA for training Provide funding $35K/yr DOE/FHWA MOU signed 2018 Funding request pending for FY19 Variety of training options details TBD
Discussion Questions? David Steinau david.steinau@hq.doe.gov 202-287-1503
