Washington's Source for Real Estate Education

Learn the key factors associated with formulating a Broker Price Opinion and running a comparative market analysis. BPO's are opinions of value developed according to industry standards by a real estate licensee.

This course defines the BPO as an opinion of value developed according to industry standards by a real estate licensee. It describes standards, procedures, methods of adjusting and calculating the BPO. This 3-hour session, is used to explain duties and responsibilities associated with the BPO assignment; professional standards for selecting comparables; grading conditions; and how to adjust comparables to calculate value. Concepts taught in the course are valid for CMA, BPO and general valuations.

Learning objectives:

• Define and describe a BPO
• Become aware of BPO legislation
• Understand related duties and obligations
• Understand standards set by the industry with regard to:
• Know how to select comparables
• Know how to qualify and value features
• Understand BPO terminology
• Use simple mathematical models of BPO
• Improve communications with appraiser, lender, & client

Learn about the roles of the property manager, fair housing laws, fiduciary duty, and rental forms.

The course covers the role of the property manager, fair housing laws, fiduciary duty, and rental forms.

Learning Objectives:

• Define and Understand the Role of the Property Manager
• Create & Apply a PM Log to comply with Fair Housing Laws
• Understand Property Manager's Fiduciary Duty
• Become Familiar with Standard Rental Forms
• Synthesize the essence of case studies with professional practice
• Create a Property Management Job Description and Department
• Identify Risks and Develop a Strategy to Reduce those Risks
   

Topics covered include:

• Residential Landlord Tenant Code
• Terminology and Definitions
• Personnel
• Job Descriptions, Duties
• Rental Agreements
• Security Deposits
• Repairs
• Prohibited Practices
• Termination of Tenancy
• Landlord Obligations
• Tenant Obligations
• Landlord Remedies
• Civil Remedies for Landlord Tenant Code
• Debt Collection
• Timelines for Landlord Tenant Code Obligations
• Mandatory Disclosures for Property Management
• Federal Fair Housing Discrimination
• Discrimination in Real Property Transactions
• State Civil Rights Commission
• Department of Housing and Urban Development
• Case Studies

Gain an improved understanding of the role of policies in reducing liability and improving performance.

Gain an improved understanding of the role of policies in reducing liability and improving services.

The course covers:

• Importance of a policy manual
• Important policies
• How to develop a policy manual
• Office policies
• Electronic and Internet policies
• Standard forms
• Mandatory disclosures
• Improving customer service
• Increasing compliance with laws
• Ethics
• Risk management

Learning Objectives:

• Explain importance of a policy manual
• Increase compliance with the law
• Improve level of service to consumers
• Better management of high-risk areas of practice
• Aid the in the development of a policy manual 

This 30-hr CE Renewal package is designed for those who have not yet met the 6-hr mandatory Fair Housing requirement.  The package includes the 6-hr mandatory Fair Housing course, the 3-hr Residential Core course and 21-hrs of electives for license renewal for brokers and managing brokers.*

Courses in this package:

• Mandatory 6-hr Washington Real Estate Fair Housing (6 hrs, MANDATORY)
• Washington Residential Core Course 2024-2025 (3 hrs, CORE)
• Applied Ethics in Practice: Case Studies (3 hrs)
• Property Management Essentials (3 hrs)
• BPO and CMA: How to Value Residential Property (3 hrs)
• 1031 Exchange for Real Estate Practitioners (3 hrs)
• Policies to Reduce Risk (3 hrs)
• Buyer Representation (3 hrs)
• VA Loans - Eligibility and Benefits (3 hrs)

We will customize this package free of charge.  Ph: 808-230-8200. 

*As always, it's always good to check with the DOL to ensure you're selecting the courses specific to your license requirements. 

License Renewal Info: https://www.dol.wa.gov/business/realestate/brokersrenew.html