2017-2018 Agency, fair housing and special entities authority(Required Module)This course covers Agency Law, its history, foundation, and Minnesota License rules regarding relationships in a real estate transaction. This course will also look at federal Fair Housing law, its history, rules, and regulations. Prohibitions under the federal Fair Housing Act and the Minnesota Human Rights Act will be covered. Additionally, the class will review the laws and requirements pertaining to real estate transactions involving special entities as parties in real estate transactions. It will focus on issues that arise for real estate licensees from the time of customer inquiries through entering into a Purchase Agreement. Special entities covered will include powers of attorney, trusts, estates, guardianships, conservatorships, divorces and corporate entities.
Avoid Jeopardizing your license:agents will learn about the Minnesota Department of Commerces enforcement actions, what transgressions to avoid and spot and how to steer clear of any complications stemming from someones activities. By examining recent rulings, case studies and general discussions, agents will learn situations to avoid and possibly report. The identification of harmful behaviors is shared and solutions are examined. When called into the Department of Commerce for a question, there are compliance issues which we cover. This class is an excellent source for agents to learn how to avoid any icky problems. (Covers one hour of agency and one hour of fair housing)Be a stellar buyer rep:In this 3.75 hour class, agents will learn how to effectively take care of a purchaser by providing top notch service. What do you want is examined and explored as we delve into the minds of buyers. We examine how to service a buyer by proper questioning and diving deeper into what the consumers needs are. We introduce the Agency Relationship in Real Estate Transaction forms and provide simple, clear explanations of what the form says in order to better educate the buyer and comply with state law. We learn the buzzwords and phrases to avoid in order to have every client feel they are being treated fairly.Be a stellar seller rep: In this 3.75 hour class, agents will learn what sellers really want from their listing agent and how to deliver the service expected. Sellers have many choices of real estate agents and the question we need to answer is why you? Sellers have an expectation of service and this class explains their desires and wants. More importantly, we discuss different methods to satisfy the sellers needs. There are many marketing tools and technology aids to assist in making sure your client is taken care of very well. Agents will also learn about agency and the importance of representing someone. Fiduciary duties, compensation, job duties all blend together and in this class, we clarify the agency relationship in an easy to understand manner. Fair Housing is everyones business, and in our Fair Housing hour, we learn about the shifting demographics, the opportunities which exist and the importance of fairness.
This educational offering is recognized by the
Minnesota Commissioner of Commerce as satisfying 3.75 hours each of
credit toward continuing real estate education requirements.
Mar 28, 2018
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