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Buyer Agency

This course is designed to give the licensee a comprehensive overview of buyer agency. The history of the shift from mandatory sub-agency to buyer representation which converted the buyer from a customer to a client is discussed in great detail.

$10.00

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At A Glance:

Price: $10.00 (USD)
(May be less if purchased as part of a package)
Features: printable certificate, PDF eBook
Hours: 5 Hours
Category: Real Estate > Continuing Education > California > Consumer Protection
Sponsor /
Delivery:
OnlineEd
7405 SW Beveland Rd,
Portland, OR 97223
(503) 670-9278
mail@onlineed.com

General Information Page

CalBRE Sponsor Number: 4056

Download General Information Page

Course Goals:

This course is designed to give the licensee a comprehensive overview of buyer agency. The history of the shift from mandatory sub-agency to buyer representation that converted the buyer from a customer to a client is discussed in great detail.

Once the buyer was given client status, the agent representing the buyer was required to perform his/her duties according to the high fiduciary standards of agency law. These fiduciary duties are discussed along with the duties the buyer's agent owes to third parties.

Brokerage company agency policy options are evaluated in the context of buyer agency. The California Agency Disclosure law is also presented to ensure the licensee understands the details of agent disclosure compliance.

Buyer Representation Agreements are discussed along with the various stages that a buyer's agent must necessarily go through during the representation of a buyer-client. Finally, a brief discussion regarding the marketing of a buyer's agent services is presented.

Delivery

This is a correspondence course provided via the internet. The course material is made available as an electronic download after registration. After studying the material, students will need to complete an online quiz for each chapter and pass an online final exam at the end of the course.

No other method of taking or completing this course is allowed.

Course Materials:

This course is composed of approximately 5 hours of reading material. The course is divided into segments with a review quiz at the end of each segment.

At the end of the course, a final examination is required. The final exam is administered online. Access to the final exam will only be granted once the security information entered at the time of course enrollment is verified by OnlineEd's system.

The final examination consists of 15 multiple choice questions. A test score of 70% or greater is required for course completion. The final examination is not downloadable or printable.

The final exam has a time limit of one minute per question served, for a total of 15 minutes available for the final exam as required by current California Bureau of Real Estate regulations.

CalBRE requirements allow for ONE re-take of a failed final exam. Retake exams will consist of different questions than those served on the first attempt. A second failure will result in a failing score for the entire course and the course must be retaken for credit.

The content of the course is written by Sorg & Spaan, LLC, copyright 2005-2017, and published as "Buyer Agency" by OnlineEd, Inc.

Course Details:

This course provides 5 hours of continuing education in the category of Consumer Protection.

Course Identification Statement

In order to verify your identity, you will be asked to provide at the time of enrollment and again prior to taking the final examination certain information to verify your identity. Among the types of identification that may be asked for are your current California driver's license, current identification permitted under the California Vehicle Code, or any identification issued to you by a governmental agency or a recognized real estate related trade organization that was issued within the immediately preceding five years that bears your photograph, signature, and identification number. In addition, you will also be asked to provide answers to additional security questions, the answers to which are unique to you.

Prerequisites

This course has no prerequisites.

Refund Policy

All tuition and fees paid for the course are refundable when: (a) the course of instruction is discontinued by OnlineEd and such discontinuation has prevented a student from completing the course; or (b) the enrollment of the student was procured as a result of any misrepresentation in promotion materials of the school, or representation made by an owner or employee of the school. All refunds will be completed within 30 days after the effective date of enrollment termination. Refunds will not be given to any student after the student has successfully registered in a course or courses, as once registered, student has access to the registered courses.  In hardship cases, OnlineEd may issue a refund at its sole discretion. OnlineEd does not issue retroactive partial refunds for courses that are subsequently discounted or put on sale after a student makes a purchase.

CalBRE Disclaimer

This course is approved for continuing education credit by the California Bureau of Real Estate. However, this approval does not constitute an endorsement of the views or opinions that are expressed by the course sponsor, instructor, authors or lecturers.

OnlineEd Disclaimer

The California Bureau of Real Estate does not approve nor endorse any of the forms used in this course with the exception of those prescribed by State and Federal Law. While this publication is designed to be accurate information about the subject matter it covers, it is sold with the understanding that the distributor, author, and publisher are not engaged in rendering legal, accounting, or other professional advice. If such advice or other expert assistance is required, the services of a competent professional should be sought. The recipient is cautioned to check with their managing supervisor before acting on any suggestion or recommendation, or before using any sample form contained herein.

Course Evaluation:

After completing this course you are encouraged to complete the California Bureau of Real Estate's online course evaluation form. You can access this evaluation at http://www.calbre.ca.gov/files/pdf/forms/re318a.pdf.

Our Mission Statement

To provide superior distance education that exceeds industry standards and expectations in course content and delivery methods to those who seek to enter a new profession and those engaged in a profession.