Learn about the ethical dilemmas in the practice of real estate through case studies. NOTE: This course is not eligible for NAR Credit, if looking for dual credit please find our course that includes the words: "Code of Ethics" in the title.
Course Topics:
Course enables students to:
- Compare ethics of trade organization with statues of license law
- Increase knowledge of ethics & license law
- Learn to disclose personal interests in transactions
- Learn to protect and promote client's interest, while being honest with all parties
- Be able to discuss the difference between puffing and misrepresentation
- Better spot potential ethical pitfalls
- Recognize the impermissibility of concealment of pertinent facts
- Learn how to cooperate with other real estate professionals to advance the client's best interests
- Discern the obligation to make your position in a transaction known and the obligation to disclose affiliated relationships
- Be familiar with RESPA
- Recognize that the paying of commission does not establish agency
- Know the necessity of not commingling clients' monies, provide equal service to all clients, direct clients to third party professionals when necessary