Broker Pre-Licensing
15 Hours – 2 Days
Live Classes or Correspondence
Fulfills AREC Requirements
Module 1 -- Day 1 Morning
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Broker
Supervision and Record Keeping - 4 hours
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Policy and
Procedures
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Elements of a
Policy and Procedure Manual
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Policy and
Procedure Workshop
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Liability
Training, Disputes and Documentation
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Misrepresentation
and Alaska Law
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Broker Liability,
Disputes and Documentation Systems
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Elements of Risk
Reduction
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Insuring Fair
Housing and Regulatory Compliance
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Fair Housing Laws
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Documentation
Procedures
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Complaints and
the Hearing Process
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Module 2 -- Day 1 Afternoon
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Effective Disclosures - 4 hours
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Disclosure
Requirements
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Creation
Compensation and Liabilities
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Designing Written
Disclosures
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Informing The
Consumer
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Responsibilities
and Policies
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Customer and
Client Duties
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Client Level
Service Exercise
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Property
Disclosures
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Compensation
Disclosures
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Conflicts,
Procedures and Security
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Documenting the
In-House Sale
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Conflicts of
Interest Disclosures
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Module 3 – Day 2 Morning
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Organizing & Managing an Office for
Sales, Prop and Assoc Mng. - 2 hours
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Structure and Business Plan
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Business Considerations and Form of Business Ownership
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Employees VS Independent Contractors
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Market Study and Business Plan Workshop
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Legal Requirements and Affiliations
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Establishing an Office: Eligibility and Registration Requirements
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Workers Compensation and E&O Coverage
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Professional Organizations and Affiliations
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Module 4 -- Day 2 Afternoon
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Trust Account
Procedures - 5 Hours
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Trust Accounting
for Property Managers
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Establishing Your
Accounting System
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Protecting
Yourself From Theft
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Following the
Property Management Accounting Paper Trail
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Trust Account
Requirements Safeguards, and Controls
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Legal
Requirements
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Safeguards and
Record Keeping
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Are You Ready For
An Audit
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Trust Account
Practical Applications
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Ledgers, Deposits
and Checks
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Establishing Your
Accounting System
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Counter Offers,
DFT's and Other Broker Has EM
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Trust Account
Exercises
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Preparing and
Posting Deposits
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Repairs and
Overpayments
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Posting Unusual
Deposits
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Posting
Commissions
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Reconciling the
Trust Account
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Reconciling with
the Check Register
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Reconciling with
the Ledger Sheets
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Reconciling the
Bank Statement
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Trust Account
Test
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