BCE- Broker Risk & Escrow Management

04 Oct

BCE- Broker Risk & Escrow Management - 10/4/2021 - In-person

BCE- Broker Risk & Escrow Management - 10/4/2021 - In-person

Monday, October 4, 2021 (9:30 AM to 4:30 PM)
6 Hours Broker Management/Agent Supervision CE Hours
DAAR-1, Ashburn, Virginia

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Class will discuss what positive steps a broker can take to minimize their risk of liability through controlling by establishing written policies, training & taking steps to stop problems before they arise. We will discuss risk shifting through the issuance of insurance policies and the importance of educating all company’s work force to handle & reduce risk. A review of mandatory disclosures in Virginia and discussion on the different types of misrepresentations that arise in our industry. The class will review the different types of complaint procedures that are available to consumers. Brokers must understand managing risk is not just for broker’s benefit but for consumer’s benefit as well. Remember what happens to the broker also affects consumers.

We will cover the Virginia Real Estate Board Rules & Regulations and the Code of Virginia that addresses Escrow & Trust funds and review some of the disciplinary actions taken against a licensee for mismanagement of those funds. At the conclusion of the course a licensee will have a solid understanding of how monies are to be properly handled in a real estate transaction and the importance of our rules and laws that help ensure that consumers are protected against mismanagement and misconduct of a licensee.

MEMBERS Please note: a fee of $20 will be added to your account for no-show and cancellation is not provided within 48-hours of class.

DAAR-1 - Classroom 1
DAAR-1 (Classroom 1)
21720 Red Rum Drive
Suite 177
Ashburn, VA 20147

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MEMBERS Please note a fee of $20 will be added to your account for no-show and cancellation is not provided within 48-hours of class.