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 Modules and Course Objectives Minimize

Broker Post Licensing

30 Hours – 4 Modules

Live Classes or Correspondence

Fulfills AREC Requirements

Module 1

Surety Fund, Trust Account & General Accounts - 7 Total Hrs 12 AAC 64.064(c)1
Segment Discussion: Learning Objective:
What will the attendee be able to do after the course
Surety fund issues List Surety fund issues
Case studies on misrepresentation Analyze case studies on misrepresentation
Conversion of trust funds Describe different conversion of trust fund problems
Fraud and deceit Identify fraud and deceit characteristics and patterns
Trust accounts, different types of accounts Differentiate Trust accounts and different types of accounts
How to set up and manage different types of accounts Match how to set up and manage different types of accounts
Setting up and managing trust accounts Select unique considerations in setting up and managing trust accounts
How to set up and manage general accounts List how to set up and manage general accounts
Importance of good record keeping Define the Importance of good record keeping

 

Module 2

Practical Office Management - 8 Total Hrs 12 AAC 64.064(c)2
Segment Discussion: Learning Objective:
What will the attendee be able to do after the course
Setting up an office decisions Match setting up office decisions with responsibilities
Types of ownership Select types of real estate brokerage business ownership
Office procedures Write office procedures to address major issues
Checklists Identify requirements of management checklists
General Office policy Apply general office policies to situations
File review and management plan Draft a file review and management plan
Compliance with state law requirements List types policies for compliance with state law requirements
Licensee relationships manual Draft a Licensee relationships manual
The importance of regulation and statute changes Identify the importance of regulation and statute changes
Fair housing and diversity issues Differentiate fair housing and diversity management issues
Employment contracts with licensees Analyze employment contracts with licensees
Processes on how to handle complaints Apply processes on how to handle complaints
Risk management and legal liability List risk management and legal liability threats
Errors and omissions insurance Describe characteristics of errors and omissions insurance

 

Module 3

Practical Supervision - 8 Total Hrs 12 AAC 64.064(c)3
Segment Discussion: Learning Objective:
What will the attendee be able to do after the course
Broker responsibilities Identify requirements of broker responsibilities
State requirements of Supervision List state requirements of broker supervision
Office policy and procedures manual Describe characteristics of office policy and procedures manuals
Transaction management methods Differentiate transaction management methods
Communication requirements for effective supervision List communication requirements for effective supervision
Key issues in final file review Select key issues in final file review
Licensee safety Identify requirements of -licensee safety
Checklists useful in managing List checklists useful in managing
Disclosures, including property Describe different -disclosures, including property
Licensee relationships, consumer pamphlet and waiver Differentiate licensee relationships, consumer pamphlet and waiver
Principles buying or selling the licensee's own property Apply principles buying or selling the licensee's own property
Strategic alliance and business relationships in compliance with the law List -strategic alliance and business relationships in compliance with the law

 

Module 4

Risk Management - 7 Total Hrs 12 AAC 64.064(c)4
Segment Discussion: Learning Objective:
What will the attendee be able to do after the course
Basic office procedures for risk management Identify requirements of basic office procedures for risk management
Environmental risk management strategies Match environmental risk management strategies
Risk management regarding federal law Describe risk management regarding federal law compliance
Examples and avoidance of supervision failure Select examples and avoidance of supervision failure
Avoiding Complaints Name requirements for avoiding complaints
Licensee relationships List Licensee relationships considerations
Maintaining confidentiality Identify requirements for maintaining client confidentiality
Conflicts of interest Differentiate conflicts of interest

    
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