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 Broker Pre Licensing Modules Minimize

Broker Pre-Licensing

 

15 Hours – 2 Days

 

Live Classes or Correspondence

 

Fulfills AREC Requirements 

 

Module 1 -- Day 1  Morning

Broker Supervision and Record Keeping - 4 hours

Policy and Procedures

Elements of a Policy and Procedure Manual

Policy and Procedure Workshop

Liability Training, Disputes and Documentation  

Misrepresentation and Alaska Law

Broker Liability, Disputes and Documentation Systems

Elements of Risk Reduction

Insuring Fair Housing and Regulatory Compliance

Fair Housing Laws

Documentation Procedures

Complaints and the Hearing Process

 

Module 2 -- Day 1  Afternoon

 Effective Disclosures - 4 hours

Disclosure Requirements

Creation Compensation and Liabilities

Designing Written Disclosures

Informing The Consumer

Responsibilities and Policies

Customer and Client Duties

Client Level Service Exercise

Property Disclosures

Compensation Disclosures

Conflicts, Procedures and Security

Documenting the In-House Sale

Conflicts of Interest Disclosures

 

Module 3 – Day 2  Morning

Organizing & Managing an Office for Sales, Prop and Assoc Mng. - 2 hours

Structure and Business Plan

Business Considerations and Form of Business Ownership

Employees VS Independent Contractors

Market Study and Business Plan Workshop

Legal Requirements and Affiliations

Establishing an Office: Eligibility and Registration Requirements

Workers Compensation and E&O Coverage

Professional Organizations and Affiliations

 










Module 4 -- Day 2  Afternoon

Trust Account Procedures - 5 Hours

Trust Accounting for Property Managers

Establishing Your Accounting System

Protecting Yourself From Theft

Following the Property Management Accounting Paper Trail

Trust Account Requirements Safeguards, and Controls

Legal Requirements

Safeguards and Record Keeping

Are You Ready For An Audit

Trust Account Practical Applications

Ledgers, Deposits and Checks

Establishing Your Accounting System

Counter Offers, DFT's and Other Broker Has EM

Trust Account Exercises

Preparing and Posting Deposits

Repairs and Overpayments

Posting Unusual Deposits

Posting Commissions

Reconciling the Trust Account

Reconciling with the Check Register

Reconciling with the Ledger Sheets

Reconciling the Bank Statement

Trust Account Test



    
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