The concept of agency, in which licensees represent buyers or sellers (also tenants and landlords) in real estate transactions, is at the heart of real estate. Serving as an agent means that the licensee acts for and on behalf of a client as a fiduciary and always acts in their best interests.
This course reviews the different brokerage relationships permitted in New Jersey, duties owed to the parties in a transaction, and the proper use of brokerage services agreements. This course meets the one-hour agency law CE requirement that New Jersey licensees must complete.