Licensees need to intuitively know what duties they owe to clients and customers, and what duties can be performed without breaching obligations. Key industry professionals responding to NAR’s recent Legal Scan frequently indicated “breach of fiduciary duty” as the basis for a significant number of current disputes, and over 71% of them ranked the topic among their top three current issues. Knowing what to disclose, when to disclose it, what to keep confidential, and all the other detailed requirements built into agency relationships are crucial for a successful, legal real estate practice. This 3-hour course is designed to meet Maryland’s Residential Agency core requirement.
- Review of agency options in Maryland and how to establish agency relationships
- Scenarios and examples to ground the fiduciary duties in context
- Activities to instantly reinforce agency concepts