Arizona state requirements for real estate license renewal for a designated broker or employing broker include completion of a Broker Management Clinic. The Broker Management Clinic must be an approved course by the Arizona Department of Real Estate and comply with the required criteria for class content.
An approved Broker Management Clinic typically provides 3 hours of credit in Commissioner's Standards, a required category for all license renewals in the State of Arizona.
The Arizona Department of Real Estate requires the Broker Management Clinic requirement to ensure that supervising brokers review the important responsibilities of their position on a regular basis and improve their knowledge of Arizona real estate rules and regulations. The Broker Management Clinic is available as either a live class or an online real estate renewal class. Most online Broker Management Clinics are accessible 24 hours a day, 7 days a week from anywhere you have an internet connection.
Some of the topics that may be covered in an ADRE approved Broker Management Clinic include:
A review of some of the many resources available to real estate licensees to access statutes and recent bulletins from the Arizona Department of Real Estate. Brokers should be encouraged to stay up to date with current real estate issues, concerns and changes in policy from the Arizona Department of Real Estate.
A discussion on the importance of real estate license renewal, avoiding unlicensed real estate activity and proper payment of commissions.
Supervising Brokers review their responsibility for proper record retention. The class includes retention requirement for documents such as listing agreements, executed purchase contracts, rejected offers, leases, etc.
Professional conduct is also discussed in the class, focusing on duties to clients and customers and proper disclosure under the laws of the State of Arizona.
A sample of an Arizona Subdivision Disclosure Report and a review of the required content.
Advertising also falls under the responsibility of the supervising broker, and therefore, advertising and Promotion rules and regulations, including signage requirements, advertising requirements, developer and new home advertising requirements and promotion requirements are also discussed in the Broker Management Clinic.
The Broker Management Clinic is an important portion of the real estate continuing education for Arizona supervising brokers. A Broker Management Clinic will provide a review of many of responsibilities assumed by a supervising broker and include tips on training and office management that can be used to improve a broker's management and supervision of licensees.
Karen Murray has more than 25 years experience in real estate and 17 years as designated broker. She is a principal of Renewal Zone, an online real estate school. www.RenewalZone.com
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