This is a RISK MANAGEMENT course includes principles, practices and procedures calculated to avoid errors and omissions in the practice of real estate. This is not a survey course. This course has been designed to provide students with:
- An understanding of the basic concepts of risk management
- The ability to identify common areas of risk
- An understanding of licensee activities likely to contribute to risk
- An awareness of the risks involved in the preparation of a purchase agreement
- Identifying potential conflicts of interest in agency relationships
- Practical examples of high-risk areas
- Examples and guidelines for risk reduction
- How risk management impacts the consumer
- An understanding of their legal responsibility
- An awareness of what is a fiduciary relationship and when does it arise
- An understanding of the NAR Code of Ethics, Article 1, Duties to Clients
- Identifying proper handling of trust funds
- An understanding of the disclosure responsibilities, and more!
Live webinar course – take from anywhere, you can connect to the Internet
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