AZ Designated Broker Property Management CE Package

This 3-hour course provides an essential overview of broker management responsibilities with a focus on consumer protection and client service. Designed for designated brokers, delegated brokers, self-employed brokers, and new broker agents, the course covers key laws, Commissioner's Rules, and Substantive Policy Statements issued by the Arizona Department of Real Estate (ADRE).

COURSE HIGHLIGHTS: 
•    Review of critical ADRE resources and tools for staying compliant and informed
•    Broker supervision requirements and best practices for overseeing licensees and employees
•    Key components of an effective policy and procedures manual
•    Proper handling of client funds and trust accounts
•    Essential recordkeeping and documentation practices to protect consumers
•    Advertising regulations to ensure clear and ethical communication with the public
•    Disclosure requirements to promote transparency in transactions
•    Conflict of interest guidelines to maintain fiduciary responsibilities
•    Strategies for adapting to market changes while upholding ethical standards.

The course emphasizes the broker's role in protecting consumers through proper oversight, clear policies, ethical advertising, and full disclosure of material facts. It provides practical guidance on maintaining high standards of professionalism and client service while navigating the complexities of real estate transactions and brokerage management.
 

This 3-hour course provides essential guidance on developing and establishing policies to effectively manage a real estate brokerage. Designed for designated brokers, delegated brokers, self-employed brokers, and new broker agents, the course covers key areas of policy development and decision making to ensure compliance and mitigate risks.
 

COURSE HIGHLIGHTS  

• Differentiating between employees and independent contractors, including tax implications
• Crafting effective independent contractor agreements and policy manuals
• Developing clear policies for advertising, agency relationships, and commissions
• Establishing guidelines for licensee activities, teams, and unlicensed assistants
• Creating procedures for handling earnest money deposits and trust accounts
• Implementing best practices for property management and transaction management
• Ensuring proper recordkeeping and documentation practices
• Adapting policies to address market changes and emerging industry trends

The course emphasizes the broker's role in creating and enforcing clear, well-crafted policies that address key areas of brokerage operations. It provides practical guidance on navigating complex regulations, overseeing agents, and protecting the brokerage from potential legal and regulatory pitfalls. By exploring topics such as employee classification, team management, and transaction oversight, brokers will gain valuable insights to strengthen their brokerage's foundation and enhance overall operations.

This course provides real estate brokers and property managers with advanced strategies to enhance their property management services, with a strong focus on consumer protection, risk management, and legal compliance in Arizona. Students will review key Arizona statutes and regulations governing property management activities, including licensing requirements, exemptions, and the role of the Arizona Department of Real Estate (ADRE) in oversight and enforcement. The course examines fiduciary responsibilities, fair dealing practices, and agency disclosure requirements specific to property management.

Compliance guidance is emphasized throughout, including proper trust account management, handling of security deposits, and compliance with the Arizona Residential Landlord and Tenant Act. Students will learn how to perform three-way reconciliations, understand GAAP principles in property management accounting, and navigate the termination of property management agreements. Ethical considerations and recent legal cases impacting Arizona property managers are explored.

By mastering these advanced property management skills and legal requirements, licensees will be better equipped to protect their clients' interests, provide exceptional service, and successfully manage properties while mitigating risks and ensuring compliance with Arizona law.

COURSE HIGHLIGHTS

•    Understanding ADRE's role in regulating property management activities
•    Reviewing exemptions from licensing requirements for property management
•    Examining fiduciary duties and fair dealing practices in property management
•    Proper setup and management of trust accounts
•    Performing three-way reconciliations and understanding GAAP principles
•    Compliance with the Arizona Residential Landlord and Tenant Act
•    Handling security deposits and move-out procedures legally
•    Requirements for terminating property manage

• Review the history of agency law, common law and the development of the agency relationships 
• Explore key elements of fiduciary responsibility 
• Identify the different ways an agency relationship may be formed and terminated

• Protect your clients’ interests by gaining an understanding in the fundamentals of contract law 
• Explore the history and evolution of contract laws 
• Examine contract definitions

• Examine the background of the Real Estate Settlement Procedures Act (RESPA) 
• Improve your knowledge of Affiliated Business Arrangements (AfBAs) 
• Explore the New Good Faith Estimate and HUD-1 forms
• iPad compatible

• Advance your knowledge of agency disclosure 
• Gain insights on property condition disclosure 
• Discover other disclosure laws