Manage a Real Estate Business

This course is part of Keller Williams Real Estate Agent Professional Certificate

Instructors: Meredith Maples

Access provided by ExxonMobil

4,572 already enrolled

5 modules

Gain insight into a topic and learn the fundamentals.

23 reviews

Beginner level

Recommended experience

2 weeks to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

5 modules

Gain insight into a topic and learn the fundamentals.

23 reviews

Beginner level

Recommended experience

2 weeks to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

Skills you'll gain

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

15 assignments¹

AI Graded see disclaimer

Taught in English

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This course is part of the Keller Williams Real Estate Agent Professional Certificate

When you enroll in this course, you'll also be enrolled in this Professional Certificate.

Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate from Keller Williams

There are 5 modules in this course

The Manage a Real Estate Business course teaches you relevant real estate laws and their potential impact on your licensed real estate agent business. Throughout this course, you will acquire the skills needed to establish a strong foundation for a financially sound business, including the development of best practices. Additionally, you will dig into effective organizational and administrative strategies essential for business ownership. Lastly, this course will encourage you to reflect on your individual journey in real estate, aligning your personal goals with the various career options available in the field.

Welcome to Real Estate and the Law 101, the first module of Manage a Real Estate Business. This module will educate you on the details regarding relevant real estate laws. You will have a deeper understanding of how the laws have the potential to affect a real estate business.

What's included

14 videos8 readings4 assignments1 discussion prompt

14 videos Total 62 minutes

Introduction to Course 5- Manage a Real Estate Business 5 minutes
Introduction to Module 1- Real Estate and the Law 101 3 minutes
Steering, Redlining, and Blockbusting 5 minutes
Steering- A Fair Housing Violation 4 minutes
Hear it From the Experts- Upholding Fair Housing 2 minutes
Comply with Confidence- The TCPA 6 minutes
Comply with Confidence- Best Practices 4 minutes
Contract Law- The Basics 5 minutes
Compliance and Risk Management 6 minutes
Errors and Omissions Insurance 4 minutes
Hear it From the Experts- Mitigating Risk 4 minutes
Obtaining a Real Estate License 7 minutes
Hear it From the Experts- Lessons Learned From Receiving My License 3 minutes
Summary and Wrap-Up- Real Estate and the Law 101 3 minutes

8 readings Total 95 minutes

A Quick Guide to the Keller Williams Real Estate Agent Professional Certificate 10 minutes
Course 5 Syllabus- Manage a Real Estate Business 10 minutes
A Quick Guide to Housing Discrimination Under the Fair Housing Act 10 minutes
Practical Application- Housing Discrimination Scenario 20 minutes
Practical Application Review- Housing Discrimination Scenario 10 minutes
A Quick Guide to Fair Housing Resources to Further Extend Your Learning 15 minutes
A Quick Guide to TCPA Compliance Checklist and The Do Not Call Registry (DNC) 10 minutes
A Quick Guide to Risk Management 10 minutes

4 assignments Total 90 minutes

Practice Quiz- The Fair Housing Act 20 minutes
Practice Quiz- The Telephone Consumer Protection Act (TCPA) 20 minutes
Practice Quiz- Risk Management, Your License, and Additional Real Estate Laws 20 minutes
Graded Quiz- Real Estate and the Law 101 30 minutes

1 discussion prompt Total 10 minutes

Share Your What- Reflection 10 minutes

Welcome to Establish a Financially Sound Business, the second module of Manage a Real Estate Business. This module will educate you on foundational financial topics that will set you up for success in a real estate career and your everyday life. You will learn the concepts of a financially sound business and wrap everything up by learning how to approach budgeting for your future role as a real estate agent.

What's included

15 videos13 readings4 assignments1 discussion prompt

15 videos Total 72 minutes

Introduction to Module 2- Establish a Financially Sound Business 3 minutes
Hear it From the Experts- Funding My Big Life 4 minutes
The Flow of Money 4 minutes
What Goes In- Income 6 minutes
What Goes Out- Expenses 6 minutes
The Impact of Your Net Worth 6 minutes
Hear it From the Experts- The Impact of Net Worth 3 minutes
A Financially Sound vs. Unsound Business 5 minutes
Using the Millionaire Real Estate Agent's Economic Model 7 minutes
Make a Plan- Taxes 5 minutes
Hear it From the Experts- Leverage Experts 5 minutes
Budget with Financial Scorecards 5 minutes
Hear it From the Experts- Use a Budget Like a Pro 5 minutes
Hear it From the Experts- Profit Matters 3 minutes
Summary and Wrap-Up- Establish a Financially Sound Business 4 minutes

13 readings Total 310 minutes

A Quick Guide to Financial Terms 10 minutes
Practical Application- Follow The Flow of Money 40 minutes
Practical Application- Calculate Your Net Worth 30 minutes
A Quick Guide to the Six Habits for a Financially Sound Business 10 minutes
Practical Application- Financially Sound vs. Unsound 20 minutes
Practical Application Review- Financially Sound vs. Unsound 10 minutes
A Quick Guide to Taxes, Deductions, and Credits 30 minutes
A Quick Guide to Getting the Right Leverage in Place 10 minutes
A Quick Guide to Financial Score Cards 10 minutes
Practical Application- Your Personal Budget 60 minutes
A Quick Guide to Establishing a Savings Plan 10 minutes
A Quick Guide to Setting Up a Financial Plan 10 minutes
Practical Application- Make a Plan for What Profit Can Do For You 60 minutes

4 assignments Total 90 minutes

Practice Quiz- Financial Basics 20 minutes
Practice Quiz- Financial Literacy- Real Estate Edition 20 minutes
Practice Assessment- Finances- Put it All Together 20 minutes
Graded Quiz- Establish a Financially Sound Business 30 minutes

1 discussion prompt Total 10 minutes

Share Your Why- Financial Hygiene 10 minutes

Welcome to Your Business, Your Office, the third module of Manage a Real Estate Business. This module will educate you on essential tools and systems for starting and running a real estate business. You will learn about developing a support system of trusted vendors and how to leverage them in your business. Finally, you will learn more about the growth opportunities for growing a real estate team to support your future vision for your career.

What's included

12 videos4 readings3 assignments

12 videos Total 60 minutes

Introduction to Module 3- Your Business, Your Office 3 minutes
Protect Your Business 4 minutes
Real Estate Essentials 8 minutes
Systems for Success 7 minutes
Hear it From the Experts- Leverage Systems for Success 3 minutes
Tackle Real Estate with a Tech Stack 4 minutes
Vendor Relationships 6 minutes
Vendor Management 6 minutes
Hear it From the Experts- Vendor Relationship and Management 5 minutes
The Team Potential 5 minutes
Hear it From the Experts- Grow A Big Business 5 minutes
Summary and Wrap-Up- Your Business, Your Office 3 minutes

4 readings Total 40 minutes

A Quick Guide to Protecting Your Business 10 minutes
A Quick Guide to Selecting a Brokerage 10 minutes
A Quick Guide to Tackling Real Estate with a Tech Stack 10 minutes
A Quick Guide to Vendor Lists 10 minutes

3 assignments Total 70 minutes

Practice Quiz- Tools and Systems for Running a Real Estate Business 20 minutes
Practice Quiz- Build Your Support System 20 minutes
Graded Quiz- Your Business, Your Office 30 minutes

Welcome to Personal Growth Leads to Business Growth, the final module of Manage a Real Estate Business, and the final module of the Professional Certificate! This module will educate you on habits, actions, and practices that will lay a foundation for your future in real estate. You will also learn how to turn your big why into an actionable goal and then how to prioritize the actions that need to be accomplished to hit your goals. Finally, you will learn the next steps to take to obtain your real estate license. Congratulations!