Using the Code to Solve Ethical Dilemmas

$45
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 0 Mandatory Hours: 3 Total Hours: 3
Description
Renewal Requirements

While conducting real estate business, have you encountered a situation in which you weren’t sure what the proper course of action was? What the right thing to do might be? Or maybe you’ve heard your colleagues’ stories and got that uncomfortable, itchy feeling that an action they took wasn’t quite on the up and up.

Let’s look at an uncomfortable truth: real estate agents have a small tarnished image problem. With every transaction being unique, real estate licensees often face ethical gray areas. Some real estate professionals simply don’t understand how to handle complex issues in the most ethical manner, and others bend the rules if they think it’ll keep a transaction on track or a commission in their bank account and not a competitor’s.

Aligned to the requirements of the current NAR cycle, this three-hour course helps licensees deepen their knowledge—and practice—of ethical rules of conduct according to the National Association of REALTORS® Code of Ethics & Standards of Practice. The code isn’t applicable to REALTORS® only, who are duty-bound to uphold the code as a privilege of membership. The code’s guidance serves anyone possessing a real estate license, and licensees who heed the code’s various articles and standards of practice can do the greatest good of all: protecting consumers while also bolstering the reputation of all the industry’s professionals.

Course highlights include:

  • Laws vs. morals vs. ethics
  • Top articles of the code involved in the most complaints (plus a few more)
  • A candid look at the industry’s image problem
  • Common ethical dilemmas and using the code to solve them
  • Foundation and enforcement of the code
  • Competency in real estate practice as a matter of ethics
  • Steering clear of procuring cause disputes
  • Ethics concerns with technology and social media
  • Tips and best practices to keep your reputation polished to a high shine

*This course was designed by us to meet the REALTOR® Code of Ethics Training Requirement. Please confirm that your local association, who administers the Code of Ethics training, will accept this course.

Package Content:

State Requirements For Utah

Utah State Requirement Details for Real Estate Broker and Sales Agent Continuing Education

Renewal Date: Licenses are valid for a two-year period and must be renewed no sooner than 45 days prior to and no later than the expiration date. All CE must be completed by the 15th of the renewal month to ensure on-time renewal.

Hours Required by the State: 18 hours

  • 3-Hour Mandatory Course in Residential, Commercial, or Property Management
  • 6 hours of other core topics
    • state-approved forms and contracts
    • other industry used forms or contracts
    • ethics
    • agency, agency agreements, and fiduciary duties
    • short sales or sales of bank-owned property
    • environmental hazards
    • property management
    • prevention of real estate and mortgage fraud, including wire fraud
    • federal and state real estate laws
    • fair housing, diversity, identifying bias, promoting equity, and inclusion
    • division administrative rules
    • broker trust accounts
    • water law, rights and transfer
    • multiple offers
  • 9 hours of other core topics or elective topics

Utah Division of Real Estate

Street Address: Heber M. Wells Building, 2nd Floor, 160 East 300 South, Salt Lake City, Utah 84111

Mailing Address: PO Box 146711, Salt Lake City, Utah 84114-6711

Telephone: (801) 530-6747

Email: realestate@utah.gov

Utah Division of Real Estate

DRE Continuing Education