Ethics and AML Essentials for Real Estate Professionals

The real estate business provides no shortage of ethical tests and trials. For this reason, this course takes a holistic approach to real estate, focusing on five areas: personal character, professional knowledge and competency, ethical duties, practical application and anti-money- laundering (AML) basics. It starts by defining ethics and what ‘good moral character’ involves. Professional ethics education for real estate agents will always emphasize character and core values. Discover the importance of trustworthiness, integrity and honesty and what a real estate professional must do to be perceived as a person with these positive moral principles. We explain the ethical responsibilities of real estate professionals in detail. Personal ethical values are essential for success. Becoming ethically balanced will provide you with the moral and ethical perspectives needed to deal with issues and crises at work. You will learn how to keep the main ethical elements in balance.

The real estate transaction is unique because of its size and the close relationship between the customer and salesperson. It relies on weeks or months of close contact and hard work. Learn that a real estate professional must be able to work with people and maintain honest, quality customer relationships to survive in the industry. Explore the types of knowledge that make a real estate professional a well-rounded individual. Discover how to become a knowledgeable, competent professional and an honest communicator. The primary goal of real estate professionals is to act in the best interests of consumers. We will research the six fundamental customer service principles and the customer service roadblocks in the real estate business. Discrimination in the real estate business has always been a serious concern. Looking for a home to rent or buy should be a fairly easy process. The role of real estate professionals is to stand up for honesty and respect and maintain full compliance with the law. From advertising listings to showing properties, how a business is operated should be rooted in respect and avoid any discrimination. This course helps you understand the U.S. Fair Housing Act and the role of the Real Estate Commission.

The course then goes on to explain anti-money laundering (AML). Money laundering is a growing area of concern for real estate professionals worldwide. You will explore the steps of the money laundering process and the function of a real estate expert in each stage, as well as the warning signs and signals. Next, we discuss the different types of money laundering schemes prevalent in the real estate industry. Subsequently, you will learn to identify the most common money laundering schemes in real estate. Investigate the risks in the real estate sector, how to mitigate those risks and report any suspicious activities. Sign up for this course right now and begin your journey from meaningful self-examination of values and character to the practical application of best practices in the real estate industry.