Ways to Lose Your Real Estate License

🔊 Listen to Lesson Let’s first look at where we find the statutes and the rules that affect licensees. In the Arizona Revised Statutes (ARS) we look at 32-2153, which is titled “Grounds for denial, suspension…Let’s first look at where we find the statutes and the rules that affect licensees. In the Arizona Revised Statutes (ARS) we […]

🔊 Listen to Lesson Acted for more than one party in a transaction without the knowledge or consent of all parties to the transaction. This issue is also repeated in the Commissioner’s Rules, under…Acted for more than one party in a transaction without the knowledge or consent of all parties to the transaction. This issue […]

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🔊 Listen to Lesson Represented or attempted to represent a broker other than the broker to whom the salesperson or associate broker is licensed. You might think to yourself, why or how would I…Represented or attempted to represent a broker other than the broker to whom the salesperson or associate broker is licensed. You might […]

🔊 Listen to Lesson 32-2153. Grounds for denial, suspension or revocation of licenses; letters of concern; provisional license; retention of jurisdiction by the commissioner; definitions This is an often-violated statute when an agent leaves one…32-2153. Grounds for denial, suspension or revocation of licenses; letters of concern; provisional license; retention of jurisdiction by the commissioner; definitions This is […]

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🔊 Listen to Lesson Violated the federal fair housing laws, the Arizona civil rights law or any local ordinance of a similar nature. This should be clear as a bell. The real estate department…Violated the federal fair housing laws, the Arizona civil rights law or any local ordinance of a similar nature. This should be […]

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🔊 Listen to Lesson What Agents Should Know About E&O Are You Covered? Errors and omissions (E&O) insurance provide agents and brokerage firms with protection from claims that “wrongful acts” were committed in the…What Agents Should Know About E&O Are You Covered? Errors and omissions (E&O) insurance provide agents and brokerage firms with protection from […]

🔊 Listen to Lesson All Information on this page is from the Arizona Association Of Realtors  Prepossession and Post Possession agreements carry inherent risks and raise a variety of issues. However, there are times…All Information on this page is from the Arizona Association Of Realtors  Prepossession and Post Possession agreements carry inherent risks and raise […]

🔊 Listen to Lesson Commingled the money or other property of the licensee’s principal or client with the licensee’s own, or converted that money or property to the licensee or another.   Commingling means…Commingled the money or other property of the licensee’s principal or client with the licensee’s own, or converted that money or property […]

🔊 Listen to Lesson The Federal Fair Housing Act prohibits discrimination in residential real estate transactions. (42 U.S.C.§3601 et. seq.) (24 CFR 100.1 et. seq.) The Fair Housing Act prohibits the following if based…The Federal Fair Housing Act prohibits discrimination in residential real estate transactions. (42 U.S.C.§3601 et. seq.) (24 CFR 100.1 et. seq.) The […]

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🔊 Listen to Lesson All Information on this page is from the Arizona Association Of Realtors  The use of the internet as a marketing tool for real estate professionals continues to become more and…All Information on this page is from the Arizona Association Of Realtors  The use of the internet as a marketing tool for […]

🔊 Listen to Lesson All Information on this page is from the Arizona Association Of Realtors  The term REALTOR® is a federally registered collective membership mark owned exclusively by the National Association of REALTORS®…All Information on this page is from the Arizona Association Of Realtors  The term REALTOR® is a federally registered collective membership mark […]

🔊 Listen to Lesson R4-28, which is Title 4, Chapter 28 of the Arizona Administrative Code. (AAC) This is where we find the Commissioner’s Rules. Title 4 is titled Professions and Occupations, and the…R4-28, which is Title 4, Chapter 28 of the Arizona Administrative Code. (AAC) This is where we find the Commissioner’s Rules. Title […]

🔊 Listen to Lesson Any conviction or plea bargain for drug- or alcohol-related crimes could result in random testing under a provisional license. You would be obligated to report to a testing station after…Any conviction or plea bargain for drug- or alcohol-related crimes could result in random testing under a provisional license. You would be […]

🔊 Listen to Lesson G. The designated broker shall supervise all advertising, for real estate, cemetery, or membership camping brokerage services. While the broker is responsible for all advertising by the licensees under license,…G. The designated broker shall supervise all advertising, for real estate, cemetery, or membership camping brokerage services. While the broker is responsible […]

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🔊 Listen to Lesson A real estate broker shall disclose to all the parties in a transaction, in writing before closing, the name of each employing broker who represents a party to the transaction…A real estate broker shall disclose to all the parties in a transaction, in writing before closing, the name of each employing […]

🔊 Listen to Lesson R4-28-1101, which is titled Duties to Client. There are a few sections of which agents are typically found in violation. Section A says, A licensee owes a fiduciary duty to the client and shall…R4-28-1101, which is titled Duties to Client. There are a few sections of which agents are typically found in violation. Section A says, A licensee owes […]

🔊 Listen to Lesson All Information on this page is from the Arizona Association Of Realtors  Boycott. Price-fixing. Antitrust. Treble Damages. You. Your Firm. Your Association. These words are ‘fightin’ words. They are words…All Information on this page is from the Arizona Association Of Realtors  Boycott. Price-fixing. Antitrust. Treble Damages. You. Your Firm. Your Association. […]

🔊 Listen to Lesson All Information on this page is from the Arizona Association Of Realtors  Antitrust laws prohibit anti-competitive or unfair business practices. The penalties for antitrust violations can be substantial.  “Minimum service”…All Information on this page is from the Arizona Association Of Realtors  Antitrust laws prohibit anti-competitive or unfair business practices. The penalties […]

🔊 Listen to Lesson All Information on this page is from the Arizona Association Of Realtors  If you are active on social media, you have followers – potential clients, competitors, family, friends, etc. Your…All Information on this page is from the Arizona Association Of Realtors  If you are active on social media, you have followers […]

🔊 Listen to Lesson How to Lose a Real Estate Commission in One Easy Step “The ending is everything. Plan all the way to it, taking into account all the possible consequences, obstacles, and…How to Lose a Real Estate Commission in One Easy Step “The ending is everything. Plan all the way to it, taking […]

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🔊 Listen to Lesson The Final is not timed. Once you have passed this final… For The Ways to Lose Your Real Estate License Remember to PRINT OUT YOUR CERTIFICATEThe Final is not timed. Once you have passed this final… For The Ways to Lose Your Real Estate License Remember to PRINT OUT YOUR CERTIFICATE