Real Estate Continuing Education Online Courses Since 1998
Michigan Real Estate Continuing Education - MICHIGAN
3.0 hours Avoiding Common Mistakes Course Syllabus
3.0 Law Hours.
This course is designed to bring awareness to the real estate professional of the common pitfalls/mistakes that are made by many licensees. The course is practical in nature and discussion is based on introduction of the subject, case studies and examples of mistakes that are commonly made in many areas. Look for the “TIPS”, Case Studies” and “Notes” sections for discussions about pitfalls.
Real estate agents who practice in the residential field need to know specific issues such as the contractual elements needed to make a valid contract, the differences in Purchase and Sale agreements, handling earnest money, anti-trust laws and the penalties for violating them, multiple offers and the seller's property disclosure statements. Students will learn the importance of using clear and concise documentation is a risk management tool. Finally, a detailed background on the history of Fair Housing legislation and what each Act and Amendment do to promote equality in housing and to discourage discrimination.