This course explores the duties and responsibilities of an ethical broker, beginning with the characteristics of a good broker and avoiding conflicts of interest. The student will learn about gifts and kickbacks, the provisions of RESPA, handling escrow, earnest money, and when error and omissions insurance is needed. This course provides valuable information to aid the ethical broker in creating a policy manual, avoiding lender fraud, and following legal advertising practices. The course ends with an overview of the history of the MLS and the importance of agency disclosure. |