This course will cover brokerage relationships in Colorado. State laws and Administrative Rules governing brokerage relationships will be discussed in detail. Students will learn how a brokerage relationship is legally established, the characteristics of an enforceable employment agreement, and what duties and disclosures are required in each relationship. This course will also cover how and when it may become necessary to change agency status, as well as the importance of following the brokerage relationship office policy. Finally, the course will address the types of risks associated with the real estate business and how to limit liability for licensees, brokers, and the public.
This course meets the Colorado Employing Broker training requirement per Rule A-27(b)(3).
Upon completion of this course, students will be able to:
The course contains numerous multiple-choice quizzes and exams and is completed with a multiple-choice exam.
Approved States: CO