Unfortunately, we live in a litigious society in which consumers are more willing to litigate than in the past. This course explores the risk management challenges that California real estate professionals face every day with respect to agency, fair housing, disclosure, and trust fund handling in addition to other common real estate related risks. The course goes on to explain how a risk management plan can be developed to mitigate risks associated with real estate transactions which benefits both the consumer and the licensee.

This course meets the mandatory three-hour risk management CE requirement in California.

CA Risk Management – General Information Page

Upon conclusion of this course, you should be able to:

• illustrate the benefits to customers and clients of a well-implemented risk management plan
• explain the process of identifying, analyzing, evaluating, and managing risks
• identify common areas of risk associated with licensee activities including agency duties and disclosures, trust fund handling, and office management
• relate the risks associated with advertising
• discuss disclosure requirements and risks involving property conditions and environmental hazards
• describe associated risks and risk management techniques related to antitrust laws, fair housing laws, RESPA, and mortgage fraud
• recognize and resolve issues that most frequently result in litigation from real estate transactions
• describe the process of developing and implementing a risk management program to mitigate risks

Real estate brokers and salespersons who are in their second and subsequent CE renewal periods.