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About this course
What you’ll learn
You’ll study Government Regulations, Mortgage Fraud, Responsibilities of the Broker, Fundamentals of Real Estate, Financial Management and Office Management. You’ll learn how to work within the regulations that govern real estate practice, recognize and help prevent mortgage fraud, and understand what Georgia expects of you as a broker. You’ll also strengthen your command of real estate fundamentals and build the financial and office management skills you need to run a brokerage.
Learning objectives
- Identify the federal antitrust laws and ethical standards that govern brokerage business practices.
- Explain Georgia license law, broker licensing qualifications and the Georgia Real Estate Commission’s disciplinary process.
- Apply Georgia trust account rules to determine the proper handling and disbursement of earnest money and other trust funds.
- Calculate loan qualifying ratios, mortgage payments, closing costs, prorations and investment values using capitalization rates, GRM and debt service coverage.
- Differentiate among the brokerage relationships recognized under BRRETA and the duties a principal broker must supervise for clients, customers and third parties.
- Analyze how private and public land use controls and environmental regulations affect property ownership rights and value.
- Compare employee and independent contractor arrangements, compensation models and labor regulations to guide brokerage staffing decisions.
- Evaluate an affiliated licensee’s competitive market analysis for appropriate comparable selection and adjustments.
- Assess brokerage advertising, marketing and prospecting practices for compliance with FTC, fair housing, Do Not Call, CAN-SPAM and MLS rules.
- Develop policies, procedures and training strategies to recruit, supervise, coach and retain brokerage staff.
Who should attend?
The requirements to become a Broker are: Be at least 21 years of age, hold a high school diploma or its equivalent, and have been actively licensed as a Georgia Salesperson for at least 3 of the previous 5 years.
Continuing Education Information
Participants will be awarded 6 Continuing Education Units (CEUs) by The University of Georgia upon successful completion of the course.
Requirements & policies
Schedule
You have 180 days from your enrollment date to complete all course lessons. Your access to the online lessons expires at midnight on day 180. Once you finish the final lesson, you get an additional 90 days to review the course content, no matter when you complete the course within your 180-day window.
Cancellation or refund
No cancellations or refunds issued for any course after seven days of purchase.
Technology
To take advantage of the course’s digital features, you should use an up-to-date browser and a fast internet connection for the best experience.
People
Instructor
Tom Gillett has spent more than 40 years in Georgia real estate and has taught tens of thousands of students, so he knows what it takes to pass the exam and succeed in the field. He is the founder of the Institute of Real Estate Training (iRET) and the author of Georgia Real Estate: An Introduction to the Profession. He is a two-time Georgia Association of REALTORS® Instructor of the Year (2003 and 2012) and was named one of the Atlanta Business Chronicle’s 25 most influential people in residential real estate in 2016. Tom keeps his classes practical, productive, and fun. To learn more about Tom’s background and experience, visit his LinkedIn profile.
Prices, course details, dates, and times are subject to change.
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