Arkansas principal and executive real estate brokers have important management responsibilities under Arkansas real estate law. This course explains the steps brokers can take to establish a real estate firm that is in compliance with the Arkansas Real Estate Commission rules and regulations. The course reviews advertising requirements, trust fund handling as well as developing an office policy and procedures manual, including contracts, documents and transaction management. The course continues with a review of agency relationships and the duties that principal and executive brokers have in managing sponsored licensees.
This course meets Arkansas' six-hour 2023 Supervising Broker Course requirements for license renewal for principal brokers and executive brokers.