Oregon Principal Broker Advanced Practices (26 Hours)

This comprehensive Oregon Principal Broker Advanced Practices Course (PBAP) is specifically designed to provide a broad spectrum of subjects essential to the principal broker.

Included in our Oregon Principal Broker Advanced Practices Course, you'll find lessons addressing:

Brokerage practices
Supervising and managing real estate licensees
Clients' trust accounts
Records and maintenance
Property management
Advertising
Affirmative duties of an agent and agency relationships
Professional real estate activities

Plus, we'll focus on a significant number of real estate matters related to these subjects, including fair housing, the National Association of REALTORS® Code of Ethics, and a wide variety of statutes and regulations that govern the real estate industry in Oregon.

Course Format: Text

Credit Type: Post-License

Approved By: Oregon Real Estate Agency

Principal Broker Advanced Practices
- Brokerage Practices [13 Activities]
  - 01. Brokerage Practices
  - 02. Business Entities
  - 03. Business Entities in Oregon
  - 04. Business Entities in Oregon: Limited Partnerships and Limited Liability Partnerships
  - 05. Business Entities in Oregon: Corporations
  - 06. Business Entities in Oregon: Professional Corporations
  - 07. Business Entities in Oregon: Other Corporations
  - 08. Cooperatives and Trusts
  - 09. Registration and Naming of a Business
  - 10. Trademarks and Service Marks
  - 11. Planning and Budgeting
  - 12. Offices
  - 13. Special Authorizations
- Supervision and Managing Real Estate Licensees [16 Activities]
  - 01. Supervision and Management of Real Estate Licensees by Principal Brokers
  - 02. Real Estate Business Basics
  - 03. Successful Business Practices
  - 04. Employee or Independent Contractor
  - 05. Responsibilities and Requirements of Supervising Licensees in Oregon
  - 06. eLicense
  - 07. Broker and Customer Safety
  - 08. General Safety Considerations
  - 09. Before the Showing
  - 10. The Showing
  - 11. Liability and Liability Insurance: Risk
  - 12. Types of Insurance
  - 13. Insurance and Loss
  - 14. 1031 Exchanges
  - 15. Securities
  - 16. Business Broker
- Clients Trust Accounts [13 Activities]
  - 01. Clients' Trust Accounts
  - 02. Managing Clients' Trust Accounts
  - 03. Property Management Trust Accounts
  - 04. Clients' Trust Account Administration
  - 05. Property Management Clients' Trust Accounts
  - 06. Record Retention
  - 07. Ledger Domain
  - 08. Property Management Records and Retention
  - 09. Funds in a Clients' Trust Account
  - 10. Delegation of Authority and Advertising
  - 11. Real Estate Businesses and Compensation
  - 12. Violations and Business Relationships
  - 13. MLS Settlement Agreement and Oregon Buyer Representation Agreements
- Records and Maintenance [12 Activities]
  - 01. Maintaining Records
  - 02. Supervision and Record Transmittal
  - 03. Financial Records - Types
  - 04. Record Retention - Property Management
  - 05. Financial Records - Record Lifecycle
  - 06. Responsibility for Trust Monies
  - 07. Other Types of Records
  - 08. The NAR Code of Ethics: The Preamble
  - 09. The NAR Code of Ethics: Articles 1 and 2
  - 10. The NAR Code of Ethics: Article 17
  - 11. Enforcement of Professional Standards
  - 12. Arbitration
- Property Management [9 Activities]
  - 01. Property Management Generally
  - 02. Property Management Agreements
  - 03. Other Agreements
  - 04. Terminating and Transferring Property Management
  - 05. Rights and Obligations - Landlord
  - 06. Rights and Obligations - Tenant
  - 07. Economics of Property Management
  - 08. Expenses
  - 09. Evaluating the Owner's Objectives
- Advertising [10 Activities]
  - 01. Advertising Real Estate
  - 02. Advertising Plans and Strategies
  - 03. Puffing, Misrepresentations, and Fraud
  - 04. Advertising Properties
  - 05. Technology Issues in Advertising
  - 06. Relations Between Competitors
  - 07. NAR Code of Ethics: Articles 9 and 10
  - 08. The NAR Code of Ethics: Articles 11 and 12
  - 09. NAR Code of Ethics: Articles 15 and 16
  - 10. Errors and Omissions
- Affirmative Duties of Agents and Agency Relationships [14 Activities]
  - 01. Agency and Affirmative Duties
  - 02. Parties to an Agency Agreement
  - 03. Creating Agency Relationships
  - 04. Types of Agency and Authority
  - 05. Responsibilities of the Parties
  - 06. Termination of Agency
  - 07. Agency and the Law
  - 08. Agency in the Real Estate Industry
  - 09. Duties by Agency Relationship
  - 10. Relationship Between Property Owner and Property Manager
  - 11. Property Managers
  - 12. Oregon Agency Relationships
  - 13. Office Policy and Procedures
  - 14. Setting out Grievance Procedures
- Professional Real Estate Activity [16 Activities]
  - 01. Professional Real Estate Activities
  - 02. Oregon Property Wholesaling
  - 03. Listing Agreements in Oregon
  - 04. Offers to Purchase
  - 05. Changes to Representation Agreemnents
  - 06. Investigations and Discipline
  - 07. Licensees as Principals
  - 08. Handling Multiple Offer Situations
  - 09. Ethics for Principal Brokers
  - 10. Ethical Concepts and Terminology
  - 11. Why Ethics Matter
  - 12. Ethical Duties
  - 13. Duties to the Business
  - 14. Other Ethical Duties
  - 15. Practicing Within Area of Competence
  - 16. Other Issues
Final Exam
- Final Exam (60 questions)
Course Completion
- Mandatory Questionnaire
- Certificate of Completion

Oregon Principal Broker Advanced Practices

Instructor Bio

Sheri Wytcherley