Real Estate/ Continuing Education/ Arizona/ Broker Management Clinic 3: Supervision (Risk Management) in Arizona

Broker Management Clinic 3: Supervision (Risk Management) in Arizona

$39

This product includes:

LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 0 Mandatory Hours: 3 Total Hours: 3

Description

State Requirements

Whether you’re a designated broker, associate broker, or a salesperson, the business of real estate has serious risks. In residential real estate transactions, licensees represent clients in one of the largest purchases of consumers’ lives, and they require licensees’ expertise to hold their transaction together.

Inside the brokerage, risks multiply for designated brokers with affiliated licensees because you may be held liable for the actions, or inactions, of affiliated licensees who work under your license. Claims against a real estate business may lead to disciplinary action, fines, court judgments, and license forfeiture for both you and your affiliated licensees.

Supervision (Risk Management) in Arizona addresses the risks inherent in the real estate business and then focuses on best practices for risk management strategies. This three-hour course meets the Arizona’s statutory requirements for one of the three Broker Management Clinics for designated brokers and delegated associate brokers.

Course highlights include:

The designated broker’s role and responsibilities
Steps to effective risk management plans
How to avoid liability to prevent risk
Error and omissions insurance as a risk management tool
Risk management for potential disasters
Supervision strategies for brokers and managers
Supervising teams and unlicensed personnel
Compliant and secure practices for record maintenance and disposal
Information inventories, data security, and online threats
Activities and scenarios to reinforce key concepts

Package Content:

State Requirements For Arizona

Renewal Date: Every two years on the last day of the month in which the license was originally issued.

Hours Required by the State: 30 hours

The CE Shop’s Offering: 30 hours

Provider Approval Number: S21-0001

Reporting: The state does not require schools to report course completions.

Expiration Date of Course: Course expiration dates vary by course but are generally one year after order date. Each individual course will have an expiration date listed in your account.

Certificates: Immediately upon real estate course completion, The CE Shop will provide students with an electronic copy of the course certificate of completion. Certificates will remain in your account for a minimum of five years, should you need additional copies at a later time. Please refer to your renewal application to determine if you need to submit your certificate(s) of completion with your renewal. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

Final Exams: Final exams must be passed with at least an 80% and may be taken as many times as necessary in order to pass.

License Renewal Process: The process to renew in this state is to log in to the licensing system online and follow the prompts to renew.

Student Verification: ALL students are subject to random verification audits to prove student identity throughout each course.

Max Hours in a 24-Hour Period: Students will not receive credit for more than 9 hours of continuing education in a 24-hour period. Our online course delivery system manages this requirement for you.