This document identifies the course objectives listed in the Real Estate Ethics & Practice online course provided by CBTRealEstate.com.  They show the correlation between this course and the quadrennial requirement set forth by the National Association of REALTORS®.

 

At the conclusion of Chapter 1 you will be able to:

1.     Recall when “alternative dispute resolution” was mandated

2.     Recognize when the articles of code are cited and recall that they are broad statements of ethical principles recall that REALTORS cannot be sanctioned for violation of Pathways to Professionalism

3.     Identify the role of the Professional Standards Committee and recall the purpose of “due process” hearings

4.     Recognize types of disciplinary action that may be taken against a REALTOR found in violation of the Code of Ethics and identify the concept of procuring cause and recall what it is based on

 

At the conclusion of Chapter 2 you will be able to:

1.     Recall a REALTOR’S duties to confidentiality and recognize under what conditions REALTORS may rely on statements made by sellers

2.     Recall that REALTORS are responsible for advising sellers/landlords of any potential to act as a disclosed dual agent and identify the conditions by which REALTORS are responsible for submitting offers/counter-offers

3.     Recall the duty REALTORS have regarding confidentiality after agency relationships end and identify the basis by which buyer brokers are to submit all offers/counter-offers

4.     Recognize that if state law defines a matter as “non-material” or not subject to disclosure, that it is not pertinent under Article 2 and identify when REALTORS are required to disclose adverse factors

5.     Recall when REALTORS are required to tell their clients about cooperation and compensation of co-brokers and buyer brokers and recognize that REALTORS preparing valuations of property may base their fee on the about of the appraisal or other valuation

 

At the conclusion of Chapter 3 you will be able to:

1.     Recall that the basis of Article 3 is cooperation

2.     Recognize the listing brokers are obligated to cooperate with other brokers except when cooperation is not in their client’s interest and recall that Standard of practice 3 through 4 require REALTORS to disclose dual or variable rate commission information to their buyer clients

3.     Recall Article 3 Standards of Practice requirements and identify who a listing broker must disclose the existence of accepted offers and unresolved contingencies to

 

At the conclusion of Chapter 4 you will be able to:

1.     Recall the term that summarizes Article 11

2.     Identify the real estate disciplines identified in Article 11

3.     Recall what REALTORS is required to do in the event they provide services outside of their expertise and identify what REALTORS are responsible for doing in the event they prepare an opinion of value

 

At the conclusion of Chapter 5 you will be able to:

1.     Recall that respect for agency and other exclusive relationships is the premise of Article 16

2.     Identify when REALTORS can call the client of another REALTOR to secure information about the nature and expiration date of a listing

3.     Recall when a REALTOR deal or negotiate with another REALTOR’s client who is subject to an exclusive agreement and identify when a REALTOR must disclose his or her brokerage relationship