Managing Brokers include any partner in a licensed real estate partnership or any managing partners or members in an LLP or LLC. If a licensed real estate brokerage entity is owned by broker licensees, there must be a managing broker licensee in place to manage the real estate brokerage business of that entity. Further if the licensed real estate brokerage is a sole proprietor, that individual must hold a managing broker’s license
Those who transition by this 45 hour course will only need 18 hours of CE when renewing April 30, 2013.
The Basic Managing Broker Principles Course (45 hrs)
Course Content
Licenses Types, Office Operations, Business Planning - Budgeting, P & Ls, Handling the Money,
Special Accounts - Escrow Policies / Rules, Managing Licensees, Brokerage Support, Policies & Procedures Manual, Transaction Supervision, Listing Contracts, Purchasing Agreements, Closings - HUD 1 / RESPA Disclosures, Marketing & Advertising, Dispute Resolution, Risk Management, Laws & Issues, Disclosure Issues, License Law, Industry Issues. Role Play / Situational / Case Studies,Brokerage Contract Disputes w/ Client,Minimum Services Activities/Problems,Team Activities,Commission Disputes - In Office/Co-op Office,Dual Agency Disclosure Problems,Escrow Documents,Topical Emphasis,Short Sale Problems,Foreclosure Problems,
Clear Title Problems,Confidentiality Problems,Ethics Problems,Internet/Social Media Problems.
Self Study Managing Broker Transition Course Tuition $225.00