Course Curriculum

  1. 1
  2. 2
    • Intro: Section 2: Qualifying Broker Licensing, Affiliations and Responsibilities

    • Download: Section 2 Reference Guide

    • What is a Qualifying Broker?

    • How Qualifying Brokers May Use Their License

    • Obtaining a Qualifying Broker License

    • Renewing Your Qualifying Broker License? Here are the Requirements

    • Review: What is a Qualifying Broker?

    • Qualifying Broker Responsibilities 16.61.16.9

    • Qualifying Broker Responsibilities: Section "G" Written Office Policies

    • Written Office Policies

    • Qualifying Broker Responsibilities: Section "H" Newly Licensed Brokers

    • Review: Qualifying Broker Responsibilities

    • Qualifying Broker Licensing and Property Managers

    • Activity - Qualifying Broker Responsibility Matching Activity

    • Qualifying Broker Responsibilities Mitigating Factors

    • Review: QB Property Managers, Affiliations and Mitigating Factors

    • A Guide to Prohibited and Exempt Unlicensed Activity

    • Activity - Sin Nombre Brokerage Case Study

    • Quiz - Section 2: Qualifying Broker Licensing, Affiliations and Responsibilities

  3. 3
    • Intro: Section 3:Section 3: Other NMREC Rules that Impact the Qualifying Broker and Brokerage Operations

    • Broker Duties. What are They?

    • Download: Section 3 Reference Guide

    • Activity - Do you Know your Broker Duties?

    • Errors and Omissions Insurance

    • Review: Errors and Omissions Insurance

    • Transaction Coordinators vs Unlicensed Assistants

    • Activity - Transaction Coordinators or Unlicensed Assistants

    • Trust Accounts

    • What is a Foreign Broker?

    • Review: Trust Accounts and Foreign Brokers

    • Brokerage Advertising Guidelines

    • Activity - Sin Nombre Brokerage Office Inspection

    • Quiz - Section 3: Other NMREC Rules that Impact the Qualifying Broker and Brokerage Operations

  4. 4
    • Intro: Section 4: Legislative and Regulatory Influences on Qualifying Brokers and Brokerages

    • Refusal, Suspension or Revocation of License for Causes Enumerated (61.29.12)

    • Download: Section 4 Reference Guide

    • Activity - 12 Easy Ways to Lose Your License

    • Hiring Practices: Written Agreements, Standard Operating Procedures and Diverse Hiring Practices

    • 1099 Statements and Qualifying Broker Requirements

    • Review: Hiring Practices and 1099's

    • Federal Matters: Real Estate Settlement Procedures Act (RESPA)

    • Activity - Is there a RESPA Violation?

    • Federal Matters: Fair Housing & NM Human Rights Act 🏠

    • Federal Matters: Fair Housing and the NM Human Rights Act, Continued 🏠

    • Video: Black Couple Says Home was Undervalued Due to Race

    • Activity - Fair Housing Case Review

    • Federal Matters: Lead Based Paint and Paint Lead Paint Renovation, Repair and Painting Program

    • Video: ‘Fixer Upper’ Stars are Fined for Violating LBP Renovation, Repair and Painting Program

    • Activity - 10 Tips to Avoid a Lead Based Paint Violation

    • Federal Matters: Antitrust Issues

    • Federal Matters: Foreign Investment in Real Property Tax Act (FIRPTA)

    • Federal Matters: Do-Not-Call and CAN-SPAM Act

    • Review: Federal Matters

    • State Matters: New Mexico Non-Disclosure Statute

    • State Matters: Estimated Property Tax Levy Disclosure

    • State Matters: Transferring Septic Systems and Wells 💩

    • Clandestine Drug Labs

    • Review: State Matters

    • Activity- Key Concepts to Remember 🔑

    • Quiz: Section 4: Legislative and Regulatory Influences on Qualifying Brokers and Brokerages

  5. 5
    • Intro: Section 5: Impact of Judicial Decisions on Qualifying Brokers and Brokerages

    • Download: Section 5 Reference Guide

    • Employee Policies Require Acknowledgement - Key Court Case: DeArmond v. Halliburton 🧑🏽‍⚖️

    • Contract Disclaimers Do Not Protect a Broker in Case of Fraud - Key Court Case: Mcelhannon vs Ford 👩‍⚖️

    • Activity: Match the Legal Definitions

    • QBs Liable for the Actions of their ABs (61.29.12) Key Court Case: Robertson vs Carmel

    • QBs Liable for the Actions of their ABs (61.29.12) - Robertson vs Carmel Continued

    • Broker Held Liable for MLS Remarks - Key Court Case: Gouviea vs Citicorp 🧑🏽‍⚖️

    • Activity - Key Course Case Review

    • Quiz: Section 5: Impact of Judicial Decisions on Qualifying Brokers and Brokerages

  6. 6
    • Intro: Section 6: Qualifying Broker and Brokerage Risk Reduction in the 21st Century

    • What is Risk Management? ⛔️

    • Download: Section 6 Reference Guide

    • Review: Risk Management

    • Brokerage Policy and Practices: Record Keeping

    • Brokerage Policy and Practices: Advertising and the Internet

    • Brokerage Policy and Practices: Adverse Material Facts Disclosure

    • Review: Brokerage Policies

    • Resource: NAR Window to the Law

    • Resource: New Mexico Courts and NMAR Legal Hotline

    • Activity - Risk Management Strategies

    • Quiz: Section 6: Qualifying Broker and Brokerage Risk Reduction in the 21st Century

  7. 7
    • Intro: Section 7: Course Conclusion and Final Quiz

    • Final Quiz

    • Final Course Survey

    • Course Conclusion