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(Core Broker Responsibility) Ohio Brokerage Management

$29
This product includes:
LICENSE RENEWAL PERIOD: 3 YEARS Elective Hours: 0 Mandatory Hours: 3 Total Hours: 3
Description
State Requirements

Managers need to ensure their brokerage is compliant with license law and regulations and state and federal law. And they need strategies to ensure that brokerage operations run smoothly. Ohio Brokerage Management is designed to fulfill these needs; it's also a mandatory course for all Ohio managing brokers, providing three hours of continuing education credit on brokerage operation, management, and license law obligations. 

Course highlights:

  • Legal requirements of brokerage management
  • Rules for establishing, licensing, and naming a brokerage
  • Business system options for brokerages
  • Strategies when bringing on employees and independent contractor licensees
  • Supervisory responsibilities relating to licensing, laws and regulations, and risk reduction
  • Trust fund accounting: legal requirements and best practices
  • Activities and scenarios to reinforce key concepts

Package Content:

State Requirements For Ohio

Ohio State Requirement Details for Real Estate Broker Continuing Education

Renewal Date: Every three years by the licensee’s birth date

Hours Required: 30 hours

  • 12 hours – Mandatory hours
    • 3 hours in Core Broker Responsibility
    • 3 hours in Civil Rights/Liberties
    • 3 hours in Core Law
    • 3 hours in Canon of Ethics
  • 18 hours – Elective hours

Licensees who are 70 years old and older only need to complete the Mandatory portion of the above Continued Education.

The CE Shop’s Offering: 30 hours

  • 12 hours – Mandatory hours
    • 3 hours in Core Broker Responsibility
    • 3 hours in Civil Rights/Liberties
    • 3 hours in Core Law
    • 3 hours in Canon of Ethics
  • 18 hours – Elective hours

The CE Shop is an approved provider in Ohio.

Provider Approval Number: RECE.2007000670

Reporting: The state requires course completions to be reported to the state. We will report your course to the state upon completion.

Expiration Date of Course: Course expiration dates vary by course. Each individual course will have an expiration date listed in your account. See Terms & Conditions for more details.

Certificates: Immediately upon course completions, 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 application to determine if you need to submit your certificate(s) of completion. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

Final Exam: Final exams must be passed with at least a 70% 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.

Post-Licensing Requirements: Brokers must complete 10 hours of required post-licensing education within the first year of licensure.

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