Agency in Today’s World
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About this Course
As you know, the NAR Settlement is impacting the way in which we conduct business. Are you ready for these changes?
This course will:
- Remind students of agency law, specifically PA agency law.
- Review the use of standard forms to aid agents in complying with RELRA. We will discuss the requirement to always have two forms with every consumer, a Consumer Notice and a second form which outlines the agent’s relationship with the consumer, which can be representation or non-representation.
- Provide scenarios and talking points for agents to engage in conversations with consumers about agency and fees.
- Review and discuss both the duties owed by licensees in PA to all consumers, and the specific fiduciary duties owed to clients.
- Discuss the pitfalls of undisclosed dual agency.