Arizona Real Estate Continuing Education Course: Managing Risk in Your Real Estate Business

When things go wrong in a real estate transaction, consumers often look to licensees as the cause. Because of this, it’s important for you to have a firm grasp of risk management and how to employ risk management strategies to protect yourself, your clients, and your business.

Course highlights include:

• Rsk management concepts and key terms
• Common high-risk areas, such as conflict of interest situations; kickbacks RESPA violations; and the failure to research, investigate, and disclose material facts
• Do and don’t lists to help you minimize risk associated with such issues as trust fund handling, contract preparation, and multiple offer situations
• Online risk management strategies
• How a licensee's actions can increase exposure to risk in fair housing, advertising, and agency duties
• Checklists for creating a detailed data security and privacy plan for your business
• How errors and omissions insurance can protect you from certain liabilities
• The role of the consumer in your attempts to minimize risk
• Activities and scenarios to reinforce key concepts