Broker and Licensee Responsibilities

Brokers and their affiliated licensees share something in common: responsibilities related to all sectors of real estate practice! This includes property management, advertising, and general supervision which would include, but not be limited to, commissions and fees. Everyone in the brokerage plays a part in ensuring compliance with all laws and rules governing real estate practice.

Course highlights include:

• Property manager roles and duties in Pennsylvania
• Property management agreements
• Property management and the Consumer Notice
• Property management oversight
• Escrow requirements for property management
• RELRA and Pennsylvania advertising requirements
• Advertising oversight by brokers
• Internet advertising guidelines
• Avoiding discrimination in advertising
• Advertising violations and penalties
• Technology in marketing communications
• Advertising and ethics
• Pennsylvania broker supervision responsibilities
• Risk management and the policies and procedures manual
• Document retention
• Compensation and fees