COMPLETE Michigan Real Estate Continuing Education Package #1

$119.00

18 credit hours | Online HD Video Courses | No Tests | Includes 6 hours of Legal Updates

  • 4 Hour Real Estate Contracts
  • 4 Hour Personal Safety and Self Defense
  • 3 Hour Listings and Technological Ethics
  • 3 Hour Disclosure Laws
  • 2 Hour Legal Descriptions
  • 2 Hour Practical Brokerage
SKU: pkg-30528:30531:30501:30502:30522:30503-1 Categories: , Tags: ,

Description

PACKAGE CONTENTS:


4-Hour Real Estate Contracts Course Description – Instructor: Timothy Sinclair

This class will explore contracts and forms related to real estate transactions. Special emphasis is placed on the required elements of a binding contract, agency relationships, disclosure requirements, addenda/contingencies, and closings. All the elements of a real estate transaction must be accurate, and properly executed for the contract to be binding. It is important for real estate professionals to have a working understanding of the contractual transaction in order to best serve their clients.

After completing this course participants will be able to:

  • Have a better understanding of basics of contract law and the elements of a contract
  • Be better equipped to serve buyers and sellers through an understanding of agency law
  • Examine purchase agreements, addendums, and aspects of financing
  • Have a working knowledge of necessary requirements to better serve your clients

Real Estate Contracts 

Lesson 1 Elements of a Binding Contract (29 minutes)

Types of Contracts
Essential Elements

Lesson 2 Elements of a Binding Contract cont. (17 minutes)

Plain Language
Performance and Discharge
Remedies

Lesson 3 Representation Contracts Agreements (26 minutes)

Agency Relationships
Fiduciary Duties

Lesson 4 Representation Contracts Agreements cont. (21 minutes)

Listing Contracts
Required Items and Other Provisions

Lesson 5 Disclosure Issues (20 minutes)

Seller’s Property Disclosure
Material Facts
Exemptions
Alternatives

Lesson 6 Purchase Agreements (23 minutes)

Required Elements of a Purchase Agreement

Lesson 7 Counter Offers and Addenda (20 minutes)

Financing Addenda
Conventional Mortgage
FHA Mortgage
DVA Mortgage
Land Contracts

Lesson 8 Closing Costs (20 minutes)

Seller Contributions
Common Interest Community
Contingency Addenda
Cancellation

Lesson 9 Roundtable Discussions (30 minutes)

Supplemental Cases


4-Hour Personal Safety and Self Defense


COURSE SYLLABUS

Course Description

This four-hour course is designed to provide important safety tips and precautions for personal safety in the workplace. This is especially true for real estate professionals as they are very often in situations that expose them to unknown situations, with unknown persons. Instructor Preston Taylor has worked in law enforcement for over 20 years, is a Police Academy Instructor, and a Defensive Tactics Instructor for over 15 years. He has acted as a speaker/trainer for the National Association of Realtors and the Michigan Association of Realtors.

It is important to understand the legal environment surrounding self-defense and the physical limitations that can be a factor for each individual. There are key “Rules of Engagement” that will help those who work with the public to recognize and avoid dangerous situations. If a confrontation does occur, the instructor outlines and demonstrates the best and most practical ways to respond to and reduce potential harm. This program offers self-defense techniques from the stand-up position using easy and effective gross motor skills, to ground defense and ground avoidance (rape prevention).

Upon completion of this course, participants will:

  • Understand what laws govern personal protection and the use of deadly force.
  • Recognize the pros and cons of firearms, pepper spray, and stun guns.
  • Be able to effectively use the most practical precautions during both home showings and open houses.
  • Become more confident in the use of physical deterrents and self-defense techniques.

LEGAL ENVIRONMENT

Lesson 1

1. Taking ownership
2. Use of deadly force
3. Stand your ground laws
4. Investigations
5. Precautions

PHYSICAL LIMITATIONS

Lesson 1

1. Rules of Engagement

Lesson 2

1. Freeze, Flight or Fight
2. Physiological changes
3. What to expect
4. Energy conservation

SAFETY IS YOUR RESPONSIBILITY

Lesson 1

1. Recognize, respond and reduce
2. Myths
3. Survival skills
4. Perception is reality

Lesson 2

1. Safety at work
2. Safety at play

SAFETY AND REAL ESTATE SHOWINGS

Lesson 1

1. Items in the home
2. Hiding spots
3. Liability
4. During the open house

SELF DEFENSE TACTICS

Lesson 1

1.  Firearms
2.  Pepper Spray
3.  Stun Guns

Lesson 2-5

1.  Onsite practical tips

REVIEW


3-Hour Listings and Technological Ethics


COURSE SYLLABUS

Course Description

Listings. The first part of this course will outline types of listings; how to match type to a clients’ needs and expectations, and how to effectively price the commission and/or fee for the listing. This course will also look at marketing strategies that generate listings, how to measure their effectiveness relative to the overall market; and most importantly, how the conduct of our business in this technology laden environment relates to listing generation and marketing.

Technology and Ethics. The second chapter will discuss the conduct of brokers, agents, and all practitioners of real estate. We will look at changes in conduct caused by technology, and how the ethical considerations for such conduct has been affected, or perhaps not affected. We will look at the ethical issues that persist in our practice over time, the new ones that are evolving, and the new emerging issues that will populate our future.

After completing this course in its entirety, participants will be able to:

  • To provide the real estate licensees the tools and resources to enhance their listing literacy and better apply and adapt the contractual types to client need and expectations.
  • To review and strengthen the ethical framework that a licensee should utilize when soliciting and taking listings.
  • To develop and even expand a licensee’s knowledge of the ethical considerations that arise with the growing use of technology in the real estate industry.

THE LISTING IMPERATIVE

Lesson 1 

Importance of Listings
Factors
Best Practices
Types

Lesson 2 

Pricing
Commission, Flat Fee, Ala Carte
For Sale By Owner

Lesson 3 

Pricing Considerations
Due Diligence
Representing the Seller

Lesson 4 

Disclosure
Marketing the Listing
Pitfalls
Etiquette
Ethical Considerations

TECHNOLOGY AND ETHICS

Lesson 1 

Technology Introduction
Ethical Considerations
Pocket Listings
Examples
Types

Lesson 2 

Aggregator Brokerages
Qualification and Authenticating
Opinions and Facts
The Golden Rule

Lesson 3 

Round Table Discussion


3-Hour Real Estate Disclosure Laws


COURSE SYLLABUS

Course Description

Real estate agents are subject to a broad range of legal and ethical requirements that are designed to protect buyers, sellers and the community at large. While disclosure laws are in place to protect the consumer, they constitute a legal framework that real estate professionals must comply with. There are a number of areas that require disclosure in real estate; seller’s property condition, agency relationships, lead-based paint presence, mineral/subsurface rights, and finally consumer financing requirements. This course covers the disclosure laws that real estate professionals must adhere to, the transactions in which they will come across these requirements, and case law to illustrate real life scenarios.

After completing this course  participants will be able to:

  • Recognize and implement the broad range of disclosure requirements that protect buyers and sellers.
  • Be able to describe and integrate the agency relationships that are created during a real estate transaction.
  • Outline the different types of agency and the standards of practice associated with each.
  • Know when and under what circumstances lead-based paint disclosure must be provided.
  • Have a good understanding of what mineral/subsurface rights are, and how they can impact a real estate transaction.
  • Be able to share with clients the necessary requirements outlined under the integrated disclosure rule “Know Before You Owe.”

REAL ESTATE DISCLOSURE LAWS

SELLER’S DISCLOSURE

Lesson 1

1. Overview
2. Defects
3. Common Defects and Examples

Lesson 2

1. Stigmatized Properties
2. Exceptions
3. Examples

Lesson 3

1. As-Is Clauses
2. Forms
3. CLUE Report

Lesson 4

1. Case Study
2. Recent Changes to Statutes and Regulations

AGENCY DISCLOSURE

Lesson 1

1. Agency Disclosure Overview
2. Fiduciary Duties
3. Disclosed Dual Agency

Lesson 2

1. Case Study

Lesson 3

1. Case Study

Lesson 4

1. Case Study

LEAD PAINT DISCLOSURE

Lesson 1

1. Seller and agent duties
2. Pamphlets and forms
3. Checklist
4. Case Study
5. EPA and HUD Notification and Disclosure Rule FAQs

MINERAL RIGHTS DISCLOSURE

Lesson 1

1. Overview
2. Impact on homeowners
3. Requirements
4. Case Studies

INTEGRATED DISCLOSURE

Lesson 1

1. Overview
2. NAR Position
3. Loan Estimate
4. Closing Disclosure
5. Best Practices


2-Hour Legal Descriptions


COURSE SYLLABUS

Course Description

Legal descriptions, as the name implies, are the way and means by which real property, or real estate, is legally identified, conveyed, assessed and taxed. When real estate is transacted, it is the legal description that uniquely describes and identifies the property involved in the transaction and all of its appurtenances. Legal descriptions are used in all types of transactions, not just those involving the sale or purchase of real estate. Legal descriptions are used in deeds of conveyance, mortgages, claims of title, leases, title insurance policies, easements, etc. To do this effectively, an adequate understanding of legal descriptions is necessary. This two hour video course describes the history of legal descriptions in the state of Michigan.

LEGAL DESCRIPTIONS

Metes and Bounds

1. Introduction

a. Metes and Bounds
b. Survey System
c. Subdivisions

2. Metes and Bounds

a. POB
b. Distances
c. Directions

Survey System

1. History

2. Survey System

a. Principal Meridians
b. Base lines
c. Range lines
d. Township lines

3. Michigan Survey History

a. Townships

Numbering System

1. Examples
2. Practice Questions

Subdivisions

1. Methods
2.Land Division Act

a. Subdivision
b. Condo
c. Division
d. Exempt Split

3. Bonus Splits


2-Hour Practical Brokerage Practices


COURSE SYLLABUS

Course Description

This course brings together many of the most important aspects of a real estate broker business. If you manage or own a real estate company, or any company for that matter, a well-thought-out office policy manual is a must. With an easy-to-read manual, your staff and associates will know what’s expected of them. This course will explain how to write, produce, and distribute your company’s roadmap to success. Your manual should encompass all of the basics: a mission statement, personnel policies, and general procedures such as office attire, sales meetings, office conduct, terminations, and vacations. It is also important to include policies and procedures specific to real estate.

After completing this course  participants will be able to:

  • Outline and implement a working Policy and Procedure manual.
  • Be able to list the criteria by which independent status is measured and to describe the employer/employee relationship.
  • Apply standard accounting and recordkeeping practices and outline the requirements surrounding trust accounts.
  • Have a solid understanding of how violations of the occupational code are handled.

PRACTICAL BROKERAGE PRACTICES

Lesson 1 

1. How to Create an Office Policy Manual
2. What Should it Cover?

a. Advertising
b. Agency Disclosure
c. Business Procedures
d. Do Not Call Rules
e. Ethics
f. Expenses
g. Listings
h. Office expectations
i. Privacy

Lesson 2 

1. Producing the Policy
2. Sample Policy

Lesson 3 

1. Sample Policy
2. “Safe Harbor Provision”
3. Independent Contractor/Employee Status

Lesson 4 

1. Trust Accounts
2. Guide for Estimating Sellers Expenses
3. Guide for Estimating Buyers Expenses
4. Checklists

Lesson 5 

1. Violations
2. Examples

 


Course instructors will be available by email or telephone between 9am and 5pm Eastern Standard Time. They will assist you with questions regarding course content.

If you have any questions, please call us at 1-800-727-7104 or send an email to info@onlinecti.com. Email responses will usually be returned promptly, but guaranteed within one business day.

Student policies and procedures are always available by going to our website and scrolling to the bottom of the page (See Attendance, Privacy and Refund Policy).

290,753 Courses Taken
The phone conversations with Ellen and Brenda were absolutely delightful. Rarely have I had the pleasure to deal with such totally professional and able persons like you two. Courses were easy to understand.
Donald Davis from Pittsfield, MA
 
Chat with us
Back to the top