Course 4: Ethics and Best Practices satisfies the National Association of REALTORS® Code of Ethics requirements. This course discusses ways to improve standards of practice by focusing on communication with consumers and other agents including confidentiality, disclosure, drafting and submission of written proposals, and providing services with reasonable skill and care. Furthermore, Course 4 considers procuring cause and dispute resolution, reviews rules for contacting represented sellers and buyers, and examines enforcement procedures for ethics and best practices. In addition, Course 4 explores the new statute of limitations for actions against licensees and how that changed record keeping rules for firms. Topics also include fair housing and responsibilities of firms and licensees

Approved for 3 hours continuing education for both Minnesota & Wisconsin.