Alabama Mandatory Broker CE

While licensees are the lifeblood of any brokerage, they also pose the greatest risk. Inexperienced licensees may lack education and training in key areas, leading them to make innocent mistakes, unintentionally provide misinformation, or fail to make appropriate disclosures. Experienced licensees can sometimes act beyond the scope of their license or expertise. In trying to be helpful, they can put the qualifying broker's license at risk. And unfortunately, some licensees intentionally misrepresent and commit acts of fraud. Appropriate supervision is an Alabama qualifying broker's best risk management strategy, and it's also a requirement of the role. This course will cover the broker's role in supervising licensees and employees, including creating and communicating policies and procedures for approved activities.

This three-hour course reduces risk to consumers by ensuring that Alabama licensees and employees are properly trained and supervised by a qualifying broker.

Course highlights include:

• An overview of the supervisory responsibilities of an Alabama qualifying broker, including licensee and staff training, record keeping duties, and financing requirements.
• A discussion of the proper use of various forms of marketing and advertising.
• An examination of the proper handling of earnest money.
• A review of property management licensing requirements and trust fund management.
• A look at the requirements for licensee-owned properties
• Interactive activities and scenarios to seal in the new information and frame it in everyday context