Antitrust laws help ensure fair competition in the real estate industry. This required Wisconsin continuing education course reviews federal antitrust law, the role of the Department of Justice, and how Wisconsin licensees can avoid activities that violate antitrust laws. It also includes National Association of REALTORS® (NAR) Code of Ethics training for REALTOR® members.
- Federal antitrust laws affecting real estate licensees.
- The role of the U.S. Department of Justice in enforcing antitrust laws.
- Wisconsin forms and agency agreements relating to compensation.
- NAR Code of Ethics Article 3.
In this course, you’ll learn about:
- The basic principles of federal antitrust law and prohibited business practices.
- Price-fixing, group boycotts, market allocation, and other antitrust violations.
- How antitrust laws apply to Wisconsin real estate licensees and brokerage compensation.
- Commission and compensation provisions in Wisconsin listing contracts and buyer agency agreements.
- How the NAR Code of Ethics supports cooperation while maintaining compliance with antitrust laws.
Understanding antitrust laws helps Wisconsin real estate licensees compete fairly, discuss commissions appropriately, and avoid practices that could result in serious legal or ethical violations.
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Related Questions
Here are a few other questions Wisconsin real estate licensees frequently ask:
- What is price-fixing in real estate?
- Are real estate commissions negotiable in Wisconsin?
- What is the Sherman Antitrust Act?
- What Wisconsin continuing education is required this biennium?
- When are Wisconsin real estate CE courses due?
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