Brokers must supervise and manage their firm’s real estate activities, handle trust funds and transaction records properly, and ensure honesty and integrity among salespersons and associate brokers. This course covers these responsibilities, office policies, and real-life case studies of broker failures.

Management and Supervision - General Information Page

• Explain the types of policies and procedures that must be established to review, inspect, and manage offices
• List the record keeping and electronic storage requirements that licensees must comply with
• Explain the proper handling of trust funds
• Discuss the advertising rules that must be followed to ensure compliance with federal and California laws
• Explain the obligations of teams regarding business names
• Identify brokers' responsibilities to manage and supervise associate brokers, salespersons, employees, and others in the brokerage