This comprehensive continuing education package contains 4 hours of legal updates, 4 hours of electives, and a 4 hour ethics class as required by the Michigan Department of Licensing and Regulatory Affairs (LARA) for license renewal.
The package begins by exploring the processes and best practices for the identification, storage, and efficient storage of financial records and financial reports. The two are interdependent and vital to keeping a brokerage not only solvent but profitable.
It then moves on to discuss record keeping as it concerns client files, contract agreements, offers, rental agreements, and the management of various advertising among others. It will focus specifically on record keeping as it concerns property management including operating reports, budget, and the various types of property insurance. The record keeping section will conclude with which records are required to be maintained, where, and for how long, will touch on banking options and tenant and owner ledgers.
The last segment of the class covers the vital topic of ethics in general and also how it specifically pertains to real estate. You will learn what ethics means and how it varies from morals. The class will detail specific ethics terminology, why ethics matter, and your various ethical duties as a broker or salesperson. This section has a variety of videos and scenarios to better ingrain this information. Ethics are the foundation of your success as an agent. All of this you will learn at your pace.
There is no exam required for this 12 hour course.
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- Approved By: CE Marketplace
Sheri has been an online instructor for AYPO's Real Estate education classes for over 5 years and is a licensed real estate instructor across the United States.
Growing up in a military family, Sheri became very patriotic, developed an adventurous spirit, and grew passionate about helping people.
In 2005 Sheri became a principal broker and opened Oregon Ranch & Home Real Estate in order to better serve her clients. She received the honor of being ranked #5 in Southern Oregon for dollar volume sold for 2008, during one of the most challenging years the market has seen in decades.
"Common sense, integrity, and a quick wit. These are qualities I admire".