BCE- Broker Risk & Escrow Management

06 Sep

BCE-Broker Risk & Escrow Management 9.6.2023

BCE-Broker Risk & Escrow Management 9.6.2023

Wednesday, September 6, 2023 (8:00 AM to 2:00 PM)
6 Hours Broker Management/Agent Supervision CE Hours
Blue Ridge Association of REALTORS, Winchester, Virginia

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Class will discuss what positive steps a broker can take to minimize their risk of liability through controlling by establishing written policies, training & taking steps to stop problems before they arise. We will discuss risk shifting through the issuance of insurance policies and the importance of educating all company’s work force to handle & reduce risk. A review of mandatory disclosures in Virginia and discussion on the different types of misrepresentations that arise in our industry. The class will review the different types of complaint procedures that are available to consumers. Brokers must understand managing risk is not just for broker’s benefit but for consumer’s benefit as well. Remember what happens to the broker also affects consumers.

We will cover the Virginia Real Estate Board Rules & Regulations and the Code of Virginia that addresses Escrow & Trust funds and review some of the disciplinary actions taken against a licensee for mismanagement of those funds. At the conclusion of the course a licensee will have a solid understanding of how monies are to be properly handled in a real estate transaction and the importance of our rules and laws that help ensure that consumers are protected against mismanagement and misconduct of a licensee.

Blue Ridge Association of REALTORS - Education
Blue Ridge Association of REALTORS (Education)
181 Garber Lane
Winchester, VA 22602

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Worrilow, Mark
Mark has been an active member with PWAR for many years.  He chaired the Education Committee for over six years and helped create an advanced real estate school with over 212 classes yearly.  He has since devoted his time to his brokerage and teaching other agents.  He has taught Real Estate Brokerage and Law at DAAR since 2015 and PWAR since 2017 where he has seen many students come through the pre-licensing class to become a successful broker.  He has taught for BRAR for the last three years Ethics and New Member Orientation.  He has also taught the Pre-licensing Brokerage and Law classes.

Cancellation requests (written or phoned) (VA CE) will be accepted through 5:00 p.m. two business days preceding each class. All paid tuition other than the $20 non-refundable, non-transferable to another person. No refunds will be given for cancellations made after the close of business on that day. (Requests for refund consideration due to extenuating circumstances must be received by BRAR in writing within 15 days after class start date).

Full BRAR School Policies