-
Analyze business management as it pertains to a real estate brokerage
Assessment Strategies
Test
Criteria
you investigate office policies and procedures
you analyze Wisconsin statutes that apply to real estate practice
you analyze broker duties for general operation of a real estate business
-
Develop and maintain real estate trust account(s)
Assessment Strategies
Test
Criteria
you analyze Wisconsin law as it applies to trust accounts
you distinguish between journal entries, ledgers, and monthly reconciliation statements
you distinguish between interest-bearing trust accounts, noninterest-bearing trust accounts, and client funds
you analyze proper record keeping requirements
you investigate trust account reporting for rental properties
-
Investigate professional practices in a real estate brokerage business
Assessment Strategies
Test
Criteria
you analyze Wisconsin statutes that apply to real estate practice
you analyze broker duties for general operation of a real estate business
you explore ethical practices for operation of a real estate brokerage
you analyze confirmation and disclosure of relationships in brokerage
-
Supervise real estate agents
Assessment Strategies
Test
Criteria
you analyze the legal requirements to supervise real estate agents
you examine the steps involved in real estate licensure
you examine the educational requirements for continuing real estate licensure
you analyze reporting requirements for real estate agents
-
Analyze the appropriate use of real estate forms
Assessment Strategies
Test
Criteria
you verify the proper completion of a WB-1 residential listing agreement by the real estate salesperson
you verify the proper completion of a WB-4 condominium listing agreement by the real estate salesperson
you verify the proper completion of a WB-11 residential offer to purchase by the real estate salesperson
you verify the proper completion of a WB-14 condominium offer to purchase by the real estate salesperson
you verify the proper completion of a WB-36 buyer's agency agreement by the real estate salesperson
you verify the proper completion of a WB-40 agreement by the real estate salesperson
you verify the proper completion of a WB-41 agreement by the real estate salesperson
you verify the proper completion of a WB-44 agreement by the real estate salesperson
you verify the proper completion of a WB-45 agreement by the real estate salesperson
you verify the proper completion of a WB-46 agreement by the real estate salesperson
you verify the proper completion of appropriate addendums to various agreements by the real estate salesperson
-
Investigate fair housing laws including federal lead based paint laws
Assessment Strategies
Test
Criteria
you differentiate between federal and state fair housing laws
you identify protected classes under federal and state fair housing laws
you analyze fair housing law prohibitions
you investigate fair housing law requirements for advertising in a real estate transaction
you evaluate the use of demographic data relating to protected classes
you analyze the Americans with Disabilities Act (ADA)
you identify how federal and state fair housing complaints are resolved
you determine how to establish office procedures regarding fair housing laws
you investigate federal lead based paint requirements in a real estate transaction