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Supervision, Ethics, and Antitrust in Michigan (2 hours Legal)

$29
This product includes:
License Renewal Period: 3 years (2 Legal hours per year, 1 Fair Housing hour per year) Elective: 0 Mandatory: 2 Total Hours: 2
Description
State Requirements

You assist consumers with what’s for most of them the single largest investment of their lives, and you do this while working mostly independently. That’s why broker supervision is required, especially for the first few years of licensure. Not only do you need to rely on your broker for advice and guidance, you also need to act ethically on you own and avoid federal and state antitrust violations.

This two-hour course provides a review of topics related to the broker/salesperson working relationship, client and customer duties, ethics for real estate professionals, antitrust laws, Michigan’s Antitrust Reform Act, and antitrust violations and penalties.

Course highlights:

  • Elements of the broker/sales associate relationship
  • Licensee employment status
  • Compensation and commissions in Michigan
  • Duties licensees owe to clients and customers
  • National Association of REALTORS® Code of Ethics
  • Federal antitrust laws
  • Michigan’s Antitrust Reform Act
  • Common real estate antitrust violations and their potential penalties
  • Strategies for avoiding antitrust violations
Package Content:

State Requirements For Michigan

Michigan State Requirement Details for Real Estate Continuing Education

Renewal Date: Every three years from date of issuance

Hours Required: 18 hours

  • 6 hours – Legal Update (2 hours per year of the license cycle)
  • 3 hours – Fair Housing (1 hour per year of the license cycle)
  • 9 hours – Elective (can be completed at any time during the license cycle)

The CE Shop’s Offering: 18 hours

  • 6 hours – Legal Update (2 hours per year of the license cycle)
  • 3 hours – Fair Housing (1 hour per year of the license cycle)
  • 9 hours – Elective (can be completed at any time during the license cycle)

The CE Shop is an approved provider in Michigan.

Reporting: The CE Shop reports CE hours to CE Marketplace. You can access your course records with CE Marketplace here.

Expiration Date of Course: Course expiration dates vary by course. Each individual course will have an expiration date listed in your account. See Terms & Conditions for more details.

Certificates: Immediately upon course completions, The CE Shop will provide students with an electronic copy of the course certificate of completion. Certificates will remain in your account for a minimum of five years, should you need additional copies at a later time. Please refer to your application to determine if you need to submit your certificate(s) of completion. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

Final Exam: Final exams must be passed with at least a 75% and may be taken as many times as necessary in order to pass.

License Renewal Process: The process to renew in this state is to log in to the licensing system online and follow the prompts to renew.

Seat Time: It is required 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.

Still have questions? Visit our Frequently Asked Questions or Contact Us.

Department of Licensing and Regulatory Affairs (LARA) - Board of Real Estate Brokers and Salespersons

Street Address: 611 W. Ottawa, Lansing MI 48933

Mailing Address: PO Box 30004, Lansing MI 48909

Telephone: 517.241.0199

Fax: 517.241.9416

 

CE Marketplace

Street Address: 720 N. Washington Ave., Lansing, MI 48906

Telephone: 844.642.6633

 

License Renewal Website

License Lookup Website

CE Marketplace

CE Transcript Lookup Website 

Contact LARA via email