This course is designed to give the licensee a comprehensive introduction to broker management. In the first chapter, basic management theory is reviewed along with the basic business principles a manager should know and be familiar with. A discussion of basic management skills is introduced that will focus on the skills necessary for managing a real estate brokerage. Using economic indicators as a management tool along with compliance with business law and ethics is also discussed. A brief introduction to financial management is also presented, including basic trust account administration.

An entire chapter is devoted to associate performance. Included in this chapter are the topics of motivation theory, the roll of management in motivating staff, and a discussion of the vital leadership skill of communication.

The third chapter focuses on staffing, recruiting, training, and associate retention.

This course is designed to give the licensee a comprehensive understanding of the changes in the law affecting the practice or real estate in Nevada. The changes discussed in this course are the result of legislation passed by the 2009 Nevada Legislature or new regulations adopted by the Nevada Real Estate Division. The course discusses how changes to the Nevada Revised Statutes are made. The legislative process is explained. The course also discusses how changes are made to the Nevada Administrative Code. The role of the Real Estate Division in this process is explained. The specific 2009 legislation and regulation changes which affect the practice of real estate are discussed in detail under the following general topics: Agency Law Revisions, Real Estate License Issues and Practice Update, Real Estate Tax Update, Landlord Tenant Law Update, Miscellaneous Real Estate Related Legislation and Lending Practices. Once a student has completed this course, a working knowledge of the changes relating to the practice of real estate which were enacted by the 2009 Nevada Legislature and which were adopted by the Nevada Real Estate Division.

Course Materials:

This course contains approximately 65 pages of text. The course is divided into 4 chapters. A review quiz of 5 questions follows sections 1 through 4. A quiz score of 60% or greater is required prior to being allowed to proceed to the next course section. At the end of the course, a final examination is required. The final examination consists of 35 questions: 21 questions in a true/false format and 14 questions in a multiple choice format. A test score of 75% or greater is required for course completion. The final examination is not downloadable or printable. The student will be notified of the number of questions answered correctly after final examination has been completed. The student WILL NOT BE GIVEN THE QUESTIONS WHICH WERE ANSWERED INCORRECTLY.

Course Goals:

All licensees involved in the practice of real estate are necessarily involved in the preparation and negotiation of contracts. This advanced contract law course builds upon the basic principles of contract law which the licensee was introduced to in their pre-license course. In this advanced contracts course, the licensee will build upon their basic contract law knowledge to include concepts beyond the basics. The licensee will be introduced to the numerous problems which may arise in the formation, interpretation and performance of a contract which may affect its validity. The licensee will also learn how the concepts of assignment and delegation may apply to a real estate related contract. Conditions and contingencies are involved in most real estate transactions. In the discussion of conditions and contingencies the licensee will be introduced to how conditions impact most contracts. The licensee will also learn how to draft contingencies and their implications in the typical real estate transaction. Finally, the licensee will be introduced to the concept of breach of contact and will learn the resulting consequences of a contract breach along with the many possible remedies available to the injured party. The licensee will also be introduced to the concept of tort liability as it applies to the breach of contracts and its impact on potential litigation in which a licensee may become involved.

Course Materials:

This course contains approximately 62 pages of text and is divided into four chapters. A review quiz of five questions follows each chapter. A quiz score of 60% or greater is required prior to being allowed to proceed to the next course chapter. At the end of the course, a final examination is required. The final examination consists of 49 questions: 34 questions in a true/false format and 15 questions in a multiple choice format. A test score of 75% or greater is required for course completion. The final examination is not downloadable or printable. The student will be notified of the number of questions answered correctly after final examination has been completed. The student will not be given the questions which were answered incorrectly.

Course Goals:

Environmental issues have become a major concern in residential real estate transactions. This course is designed to give the licensee a comprehensive understanding of the many environmental issues that frequently arise in today's residential real estate transaction. The student is introduced to state and federal disclosure laws regarding environmental hazards. The role of the licensee in the disclosure process is discussed, along with the seller's role in the disclosure process. The licensee will learn to identify the potential hazards of asbestos, lead and radon. The licensee will also learn potential health effects of these hazards, and will learn to explain the potential health risks to their buyers and sellers. The licensee will also learn how these potential hazards may impact a real estate transaction when found to be present. In addition, the licensee will learn how to discuss with a client the possible remediation actions that might be taken if the hazard is discovered to exist. Included in the discussion of each environmental hazard are practice tips for the licensee to assist in dealing with each specific hazard in the residential transaction.

Course Materials:

This course contains approximately 65 pages of text. The course is divided into 6 chapters. A review quiz of 5 questions follows sections 1 through 5. A quiz score of 60% or greater is required prior to being allowed to proceed to the next course section. At the end of the course, a final examination is required. The final examination consists of 41 questions: 31 questions in a true/false format and 10 questions in a multiple choice format. A test score of 75% or greater is required for course completion. The final examination is not downloadable or printable. The student will be notified of the number of questions answered correctly after final examination has been completed. The student will not be given the questions which were answered incorrectly.

Course Goals:

Environmental issues have become a major concern in residential real estate transactions. This course is designed to give the licensee a comprehensive understanding of the many environmental issues that frequently arise in today's residential real estate transaction. The student is introduced to the Nevada and federal disclosure laws regarding environmental hazards. The role of the licensee in the disclosure process is discussed along with the seller's role in the disclosure process. The student will learn to identify the potential hazards presented by molds and fungi, volatile organic compounds, potable water supply contaminants, drug house contamination and underground storage tanks. The student will also learn potential health effects of these hazards and will learn to explain the potential health risks to their buyers and sellers. The licensee will also learn how these potential hazards may impact a real estate transaction if found to be present. In addition, the licensee will learn how to advise a client on possible remediation actions which might be taken if the hazard is discovered to exist. Included in the discussion of each environmental hazard are practice tips for the licensee which will assist the licensee in dealing with the specific hazard in the residential transaction.

Course Materials:

This course is composed of approximately 38 pages of text, including one appendix. The section quizzes, cover page and first four pages are not counted as course text content. The course is divided into five sections and one appendix. A review quiz of five questions follows Sections 1, 2, 3 and 4. A quiz score of 60% or greater is required for those quizzes before the student is allowed to proceed to the next Section. At the end of the course there is a final examination of forty questions: thirty-four questions are in true or false format. Six questions are in a multiple choice format. A test score of 75% or greater is required in order to pass the final exam and complete the course. The Real Estate Division requires that the final examination is not downloadable or printable. The student will be notified of the number of questions answered correctly after final examination has been completed. The student will NOT be given the questions that were answered incorrectly.

Course Goals:

This course is designed to provide the student with a comprehensive understanding of the many ethical issues involved in the practice of real estate. The course emphasizes that the standards of ethical conduct in the practice of real estate are based upon the National Association of Realtor's© Code of Ethics and Standards of Practice and upon federal and state laws governing conduct applicable to the practice of real estate. The concept of misrepresentation and all of its implications to the daily practice of real estate is discussed in detail. The course is organized into three major topic areas: the licensee's ethical conduct with respect to clients and customers, the licensee's duty to the public and the licensee's duties to fellow Realtors©. A detailed discussion of specific ethical conduct under each of these three general categories will give the licensee an excellent basis upon which to conduct an ethical practice of real estate.

Course Materials:

The course contains approximately fifty-one pages of text plus two appendices and four section quizzes. The section quizzes, cover page, first four introductory pages and appendices are not counted as course text content. The course is divided into five sections and two Appendixes. A review quiz of five questions follows Section 1, 2, 3 and 4. A quiz score of 60% or greater is required prior to being allowed to proceed to the next course section. At the end of the course a final examination of fifty-five questions is required: forty questions are in true or false format. Fifteen questions are in a multiple choice format. A test score of 75% or greater is required for course completion. The Real Estate Division requires that the final examination is not downloadable or printable. The student will be notified of the number of questions answered correctly after final examination has been completed. The student will not be given the questions which were answered incorrectly.

Course Goals:

This course is designed to give the licensee a comprehensive understanding of the law of agency as it applies to the practice of real estate in today's market. The basic concepts of agency law are presented. The discussion of agency law is based upon both the common law concepts of agency and also the Nevada codification and expansion of agency law concepts. The fiduciary duties of the licensee are emphasized. Attention is also focused on the historical development of agency as it applies to the real estate industry. In this discussion, the concepts of seller representation, buyer representation and dual agency are examined in the context of modern brokerage practice. The specific requirements of the Nevada agency disclosure law and procedures are also presented.