Managing Risk in Your Real Estate Business
When things go wrong in a real estate transaction, consumers often look to the licensee as the cause. To protect yourself, and to protect consumers, it’s important to understand the areas in which risk occurs and how to employ effective risk management strategies. That's what you'll find in this course.
Course highlights:
- Risk management concepts and key terms
- Common high-risk areas
- How to minimize risk with trust fund handling, contract preparation, and multiple offer situations
- Online risk management strategies
- Risk exposure related to fair housing, advertising, and duties
- Checklists for creating a detailed data security and privacy plan for your business
- How errors and omissions insurance can protect you from certain liabilities, and activities it does not protect
- Activities and scenarios to reinforce key concepts
State Requirements For Missouri
Missouri State Requirement Details for Real Estate Continuing Education
Renewal Date: 6/30 every even-numbered year for Brokers; 9/30 every even-numbered year for Salespersons
Hours Required: 12 hours
- 3 hours – Mandatory hours (Fair Housing)
- 9 hours – Elective hours
Licensees in Missouri can fill the remainder of their hours with core or elective courses of their choice, after satisfying the ethics core requirement.
The current broker and salesperson renewal for the 2024-2026 and the 2026-2028 license period will require an approved CORE course on Fair Housing.
Seat Time: The Missouri Real Estate Commission requires that all students spend a minimum amount of seat time engaged in the course content. Our online course delivery system manages this requirement for you.
Missouri Real Estate Commission
Street Address: 3605 Missouri Boulevard, P.O. Box 1339, Jefferson City, MO 65102-1339
Telephone: 573.751.2628
Fax: 573.751.2777