Kansas Continuing Education COURSE
Kansas Required Core 2021: Staying in Step with KREC
Experts can be so well versed in their fields that they can become complacent—maybe even a little more relaxed about procedures than when they were newbies.
You’re a real estate expert, and this course is one of the best ways to help you to avoid serious errors and violations. Periodic reviews serve to retrieve from the recesses of our expert minds knowledge we once learned and now take for granted.
This three-hour course in part addresses issues that the Kansas Real Estate Commission (KREC) has identified as problematic for licensees in the state. Staying in touch with laws and regulations, such as the Brokerage Relationships in Real Estate Transactions Act (BRRETA) as well as state regulations for business practices is crucial to fulfilling your obligations to clients, customers, and the commission, and to your overall success.
Course highlights include:
- The Brokerage Relationships in Real Estate Transactions Act (BRRETA), its impact on brokerage agreements in Kansas, and its stipulations for terminating agency relationships
- Requirements for establishing brokerage relationships
- The four agency types, as well as designated agency and seller/buyer agency in brokerage firms
- The relationship nature and duties you have when you’re working as a seller’s agent, a buyer’s agent, or a transaction broker
- Transaction brokerage in Kansas, along with ministerial tasks
- Prohibited actions in Kansas license law
- Violations that KREC has identified involving disclosure, earnest money, contracts, and fair housing, and how to avoid them
- Recent revisions to advertising regulations, which went into effect on July 1, 2020
- KREC’s reporting requirements per the Kansas Real Estate Brokers’ and Salespersons’ License Act
- Regulations regarding sharing commissions and utilizing brokerage cooperation agreements with foreign licensees
- Provisions of the KREC website, including important links and other resources