Maryland Continuing Education COURSE
DL/MREC Commercial Agency (Course Topic: H)
Maryland real estate is built on strong relationships and a deep understanding of agency, legal responsibilities, and best practices. In this course, you'll explore the core concepts of agency relationships, from their creation to the different types of authority and how compensation works in real estate transactions. You’ll also gain insight into the duties and legal responsibilities of Maryland licensees, ensuring you're well-versed in ethical and lawful practices. Lastly, you'll learn about the factors that contribute to successful commercial real estate transactions in Maryland, covering everything from licensing requirements to common pitfalls and strategies for success. By the end, you’ll be ready to tackle the complexities of Maryland real estate with a clearer, more confident approach.
This three-hour course offers a thorough review of what it means to establish agency relationships, determine compensation, the ethics of real estate practice, strategies for successful commercial real estate transactions, and more.
Course highlights include:
- Distinguish commercial vs. non-commercial real estate
- Review of commercial lease types
- Law of Agency in Maryland
- Brokerage agreements
- Legal duties
- Review of sub-agency
- Compensation and agency
- Ethical obligations
- Creating and terminating agency
- Non-resident brokers in Maryland
- Levels of supervision
- Policies and expertise
- Mitigating risk in broker supervision
- Customizing form for commercial transactions
- Pricing and marketing strategies for commercial real estate
- Common pitfalls to avoid in commercial real estate
- Case studies to explore real life experiences in commercial real estate