Education 2013 to 2014 Vol. 1 Fall 2013 | Page 14

14 Risk Management (Required Module for all licensees 2013 to 2014) This 7.5 hour class is required for all agents to complete by June 15th, 2014. In this class, the morning session consists of understanding risk. By examining Department of Commerce enforcements, agents will learn what impact a risk can have on them. Reviewing agency duties (Agency not included), material facts issues and compensation disputes, agents will gain an understanding of how to prevent risky behavior. Contracts, securing data and important preventive maintenance items are covered for the protection of all! This class is pending approval by the MN Department of Commerce for 7.5hours of real estate continuing education Topics include: ? Risk avoidance ? Contracts, compensation issues ? Agency issues ? Disclosure and advertising requirements ? Reasons for discipline ? Trust accounts and data security ? Preventive maintenance (Tests are given at the end of each session. A passing grade of 75% is required.We score the test before you leave) MN Realty School is approved by the MN Department of Commerce to offer prelicense and continuing education for real estate. All information contained herein is subject to change.