This course is designed to provide the student with a practical application of laws, rules and sound business practices for the management, operation and supervision of a real estate brokerage company. Once completed this course can be used to upgrade to the employing broker level of authority in Colorado, complete your CE requirements or activate an inactive license.
This course will serve as an introductory guide to handling transactions, opening a brokerage business and will give students some best practices for working within the rules of the Colorado Real Estate Commission. Applicable statues, rules and position statements are discussed. Participants will be introduced to independent contractor agreements, supervision standards for employing brokers and all of the recordkeeping requirements. After completing this twenty hour course, you will be able to:
- Identify the functions of the real estate commission
- Formulate the basis for a working policy manual
- Define competence and list potential ways to gain competence
- Explain what records must be retained in a closing
- Identify areas of concern for employing brokers as they plan to open a brokerage business
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This class may also be used one time in a licensees career for continuing education credit to meet all 24 hours of required credit in Colorado. Students who took Brokerage Administration may also take Brokerage Administration I for credit one time.
The most successful people in real estate choose VanEd.The new online Brokerage Administration I course - Read More by clicking here - is now available. This updated Real Estate course outline is required per the Colorado Real Estate Commission as of July 1st, 2012.
Written and Published by: VanEd