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EDUCATION CENTER

March 1-3, 2010 | Tuscany Hotel & Casino | Las Vegas


CE Course Details:

Mandatory hours for continuing education have increased from 12 to 18 hours in the 2009-2010 biennium.

Course 1
Listing Contracts
The course begins by reviewing §240.10 requirements for a valid agency agreement. The outline focuses on issues surrounding the WB-1 Residential Listing Contract such as: exclusions, incentives, extension, and termination of the listing.

Course 2
Offer to Purchase
This course includes the revisions and additions to the WB-11 Residential Offer to Purchase, including the financing contingency, closing proration, delivery, appraisal contingency and distribution of information. Mandatory use date for the new form is March 1, 2010.

Course 3
New Developments
Course 3 incorporates e-mail delivery and the role of the e-commerce law as well as a comprehensive discussion of the exceedingly relevant short sales and foreclosures. This course also covers the impact of the use value assessment and land use issues including restrictions, easements, zoning, pier regulation, floodplain and FEMA remapping.

Course 4
Buyer Agency Agreements
Includes a discussion of pre-agency, client vs. customer, role of selling agent vs. buyer’s agent, Wis. Stat. §240.10 requirements for a valid agency agreement, and disclosing buyer agency status. It focuses on the WB-36 Buyer Agency/Tenant Representation Agreement, including: modifying agency authorization, excluded properties, compensation/incentives, procuring cause, agency relationships, proper agency disclosure, and termination of the agreement.

Elective A
Risk Reduction
Elective A uncovers advertising administrative rules, the role of the Department of Regulation and Licensing, common closing issues and forms of ownership. Elective A also addresses how to avoid liability regarding referral fees, fee splitting, affiliated business relationships, licensee self-dealing, independent practice and insurance.

Elective C
Condominiums
Elective C introduces basic concepts of condominiums and contains a discussion of condominium ownership. It focuses on the revised WB-4 Condominium Listing Contract including the timelines for delivery, rescission, and missing condominium disclosure documents.

 

Instructor: Michael Tobin

Michael Tobin is a 1980 graduate of Marquette University Law School. His law practice is located in Milwaukee, and concentrates on representing lenders as well as individuals, licensees and builders. Mike is also a licensed real estate broker and a member of the Wisconsin State Bar and the Wisconsin REALTORSŪ Association. He has taught pre-licensing and continuing education classes for over 20 years. Mike was recently named the 2009 Instructor of Year by the Wisconsin REALTORSŪ Association.

 

 



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