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Required Kansas Salesperson and Broker Core: Taking the Mystery Out of Agency

3 Total hours
0 Elective hours
3 Mandatory hours

The Kansas Salesperson and Broker Core – Mystery Out offers a review of real estate laws and issues that impact the business related to agency and misrepresentation. Over the course of any given year, the Commission sees recurring areas where issues crop up for real estate practitioners, mostly due to misunderstanding and misinterpretation.  By taking an in-depth look at these common areas, real estate professionals will better understand how to stay compliant with the laws and regulations governing real estate practice.

This three-hour course reviews a range of topics relevant to real estate professionals, providing a review of the history of agency, the various types of agency and statutory requirements of each, misrepresentation and fraud and how they become court cases that reach the Kansas Supreme Court, and how to avoid misrepresentation. Kansas Salesperson and Broker Core 2014 – Mystery Out meets Kansas’s CE requirement for renewing a real estate license.       

Course highlights include:

  • A history of the formation of the National Association of REALTORS®.
  • The first state to adopt license law, and when Kansas followed suit.
  • An in-depth look of the history of BRRETA I and BRRETA II.
  • A breakdown of the four agency relationships to promote a stronger understanding of each.
  • A review of the duties and obligations of a seller’s agent, a buyer’s agent and a transaction broker.
  • The danger of undisclosed agency when practicing transaction brokerage.
  • An overview of the three primary written agency and non-agency agreements and their five key elements.
  • Identifying potential areas of misrepresentation and fraud, and court cases as examples.
  • How complaints of misrepresentation are handled and by whom.
  • Guidelines for avoiding misrepresentation.
  • Examples and activities to emphasize key points and concepts.