Management and Supervision

Overview

Responsible brokers have the ultimate responsibility for the acts of salespersons and other licensees working under their license. They are not only responsible for properly handling trust funds and retaining necessary documentation for the brokerage, but also for ensuring their employees act with honesty and integrity, uphold their duties to their clients, and comply with applicable laws and regulations. This course covers these responsibilities, as well as office policies, delegation, advertising, fair housing, and more. It also discusses common violations that occur and provides real-life case studies of broker failures. 

Find this course for your license


License or Certification 

 

Regulator 

 

Type 

 


Learning Objectives

  • Describe the types of policies, rules, procedures and systems responsible brokers can use to review, inspect, supervise, and manage their offices, affiliated licensees, and their regular and consistent reports
  • Prepare to supervise the transactions of affiliated licensees
  • Recognize when and how to retain and store documents that may have a material affect on the rights or obligations of parties to a real estate transaction
  • Identify the role and responsibilities of branch or division managers, including salespersons acting in that capacity
  • Recognize additional supervisory responsibilities related to restricted licensees
  • Describe the proper handling of trust funds and broker’s related supervisory responsibilities
  • Recognize the rules and requirements related to advertising services for which a real estate license is required
  • Explain the fair housing protections offered under federal and state law to affiliated licensees
  • Identify the requirements that must be met when brokers allow licensees to use fictitious business names and team names 


Designed For:

California supervising brokers and salespersons




Course Information

Adding additional credit may change exam requirements.