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Agency Relationships and Duties
Buy the following bundles that contain this course and save: If you are an established real estate professional, you know that the issue of agency has been the subject of intensive study by the real estate industry. If you are new to the profession, you may have a number of questions concerning agency and find the answers to be both complex and confusing. This course is designed to address the complex issues surrounding the topic of agency. It will also help you determine the following:
  • How and when real estate licensees create agency relationships with buyers and sellers
  • How and when licensees must make disclosures to principals to clarify agency relationships under the agency law
  • What are an agent's responsibilities to his or her principals.
After completing this course, you will be able to accomplish the following objectives:
  • Recognize the various types of agency relationships
  • Define "agent"
  • List the ways an agency relationship can be created
  • Describe how agents receive their authority, and explain how that authority can be expanded, restricted, or terminated
  • List the duties and obligations of agents to their principals
  • Compare and contrast the different forms of listing agreements
  • Recognize the importance of disclosing dual agency
  • Comply with the agency law's three-step requirement of disclosure, election and confirmation
Expiration: Course must be completed before 12/21/09
Reviews:  view reviews
Credit Available For: Units
Real Estate (Accepted by the California Department of Real Estate) 3 CE
Reviewer: Mary H. submitted on 12/22/2005
Reviewer: Mary H. submitted on 12/22/2005
California Department of Real Estate Disclaimer Statement:
This course is approved for Continuing Education credit by the California Department of Real Estate. However, this approval does not constitute an endorsement of the views or opinions which are expressed by the course sponsor, instructor, authors or lecturers.

This course has been developed and produced by the California Association of REALTORS®


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