Portland Community College | Portland, Oregon

Upon successful completion of this course, students will be able to:
1. Business Ethics
Analyze ethical dilemmas commonly encountered in real estate brokerage practice.
Apply Oregon real estate law and professional standards to resolve ethical conflicts.
Evaluate the consequences of unethical conduct on clients, consumers, and licensees.
ɳ°ÍÌåÓý¹ÙÍø risk-reduction strategies that promote ethical decision-making in brokerage operations.
2. Review of Recent Administrative Actions Issued by the Agency
Examine recent Oregon Real Estate Agency administrative actions to identify regulatory violations and
trends.
Interpret disciplinary cases to determine how statutory and rule violations occur in practice.
Assess how compliance failures impact licensure status and professional reputation.
Formulate best practices to prevent similar violations in brokerage activities.
3. Property Management
Differentiate the legal responsibilities of brokers engaged in property management.
Apply landlord-tenant law principles to common management scenarios.
Evaluate trust account handling, documentation, and risk management procedures.
ɳ°ÍÌåÓý¹ÙÍø compliant property management policies that reduce liability exposure.
4. Business Economics
Analyze economic factors that influence real estate markets at local, regional, and national levels.
Interpret market indicators and trends to inform brokerage decision-making.
Assess how interest rates, supply and demand, and economic cycles impact real estate transactions.
Integrate economic analysis into strategic business planning for brokerage practice.
5. Advanced Agency Relationships (Including Dual Representation)
Distinguish among types of agency relationships under Oregon law.
Evaluate the legal and ethical implications of dual representation.
Apply disclosure requirements and informed consent standards in complex transactions.
ɳ°ÍÌåÓý¹ÙÍø procedures to manage conflicts of interest and protect client interests.
6. Misrepresentation and Negligence
Differentiate between negligent misrepresentation, intentional misrepresentation, and fraud.
Analyze case scenarios to determine liability exposure for brokers.
Apply statutory disclosure requirements to reduce risk of negligence claims.
Construct documentation and communication strategies that mitigate professional liability.