At the end of this course the student will be able to:
1. Describe the procedure when an E & O or FREC complaint surfaces.
2. Identify high risk situations in the real estate business.
3. Explain how to reduce your risk when making referrals.
4. Describe steps that can be taken reduce risk by keeping customers’ information secure.
5. List resources where a Realtor can back up customers’ information.
6. Explain how the Tenant Selection form helps reduce risk for a Realtor.
7. List various situations in property management that can have risk.
8. Explain the difference between ‘general liability’ and ‘E & O’ and how each applies to day-to-day events in the real estate business.
9. Explain risk factors as they relate to home insurance.
10. List risk reduction tips for Foundation claims, Replacement cost & changes in home insurance.
11. Explain when it is necessary to disclose representation and when a specific form is needed.
NMLS#1466433
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