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 |