South Carolina Continuing Education COURSE
What's a BIC to Do?
$59.00
4 Total hours
4 Elective hours
0 Mandatory hours
"That's not my job" is something you'll likely never hear from a broker-in-charge (BIC). If it's a duty that involves the brokerage, its employees, licensees, and business, responsibility for it falls squarely on the shoulders of the BIC. Beyond the practical responsibilities, there are also legal responsibilities to consider. BICs are the ultimate authority in a brokerage—a job riddled with gray areas, tough calls, and constant multi-tasking.
This four-hour mandatory course for BICs reinforces the fundamental responsibility the BIC has to protect public interest through proper licensee training, supervision, and administration.
Course highlights include:
- Top issues facing South Carolina BICs
- Review of the SCREC website
- BIC duties in South Carolina
- Adequate supervision and consequences for failure to supervise
- BIC duties regarding offers, purchases of firm listings, teams, and disclosure requirements
- Form-approval responsibilities
- Mandatory forms and language
- Recordkeeping duties
- Office policy requirements and required elements
- Trust account maintenance
- Required notifications to the SCREC
- A BIC "job description"