Brokers, by virtue of their license, are held to a higher level of responsibility than other licensees. They assume many important duties for a brokerage, including supervising teams, maintaining records, and ensuring compliance with state, federal, and local laws and company policies. This course explores these important topics as well as how to adopt an ethical decision-making model when transacting real estate.

Upon completion of this course, students will be able to:

• identify the supervisory responsibilities and fiduciary duties of a broker
• describe brokers’ record keeping and commission payment responsibilities
• recognize the requirements that apply to maintaining brokerage trust accounts
• describe the different types of agency relationships
• explain how to ensure compliance with antitrust, advertising, and fair housing laws