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2. Personal assistants.
3. The difference between employee and independent contractor.
4. Equal opportunity.
5. Workers’ compensation.
(b) Policy manual, including all of the following:
1. Purpose.
2. Recommended content.
3. Maintenance.
4. Access.
(c) Training.
(d) Licensure and supervision of licensees associated with a firm under s. 452.132, Stats., and ch. REEB 17.
(7) Business ethics. Instruction relating to real estate business ethics shall include all of the following:
(a) Dealing with the public, including all of the following:
1. Avoiding discrimination as required under s. REEB 24.03 (1).
2. Competence in the area of service under s. REEB 24.03 (2).
3. Legal counsel are not to be discouraged under s. REEB 24.06.
4. Tie-in arrangements under s. REEB 24.075.
5. Agreements in writing under s. REEB 24.08.
6. Misleading market values under s. REEB 24.09.
7. No net listings under s. REEB 24.10.
(b) Advertising, including all of the following:
1. False advertisements.
2. Disclosure to the public.
3. Obtain permission.
4. Advertised price.
(c) Offers under ss. REEB 24.12 and 24.13, including all of the following:
1. Confidentiality.
2. Drafting and submitting all offers.
3. Submitting promptly.
4. Presenting fairly.
5. Prompt notification.
(d) Disclosure of compensation and interest under s. REEB 24.05 and s. 452.133, Stats., including all of the following:
1. Disclosure of profits.
2. Disclosure of intent.
3. Property owned by licensee.
4. Referral of service.
5. Compensation from more than one party.
(e) Disclosure under s. REEB 24.07, including all of the following:
1. Material facts.
2. Material adverse facts.
3. Property inspection.
4. Agency.
5. “As-is” sales.
6. Optional disclosure.
(f) Dealings with fellow licensees, including all of the following:
1. Negotiations through a listing firm under s. REEB 24.13 (5).
2. Obtaining a seller’s permission for subagent under s. REEB 24.07 (8) (b) 2.
3. Confidentiality of offer under s. REEB 24.12.
4. Disclosing material adverse facts under s. REEB 24.07 (2).
5. False information under s. REEB 24.07 (3).
6. Disclosing buyer agent and seller subagent under s. REEB 24.07 (8).
(g) Dealings with licensee and salespeople, including all of the following:
1. Licensee supervision under s. 452.132, Stats.
2. Office supervision under s. 452.132, Stats.
(i) Agency relationships, including all of the following:
1. Multiple representation with designated agency.
2. Multiple representation without designated agency.
3. Single agency.
(8) Consumer protection. Instruction relating to real estate consumer protection shall include all of the following:
(a) Disclosure, including all of the following:
1. Property inspections under s. REEB 24.07 (1) (a).
2. Investigation of other facts under s. REEB 24.07 (1) (b).
3. Use of third party inspectors under s. REEB 24.07 (5).
4. Property condition under s. 452.23, Stats.
5. Civil liability for misrepresentation.
6. Seller’s disclosure duties under ch. 709, Stats.
7. Buyer’s inspection obligation.
(b) Fair housing, including all of the following:
1. Federal law.
2. State of Wisconsin law.
3. Local fair housing law.
4. Sanctions for violations.
5. Testers and fair housing organizations.
6. Conduct prohibited by fair housing law.
7. Responding to fair housing questions.
8. Instituting equal professional service procedures.
(c) Antitrust: conspiracy and group boycotts, including all of the following:
1. Section 1 of the Sherman Act.
2. “Conspiracy” requirement.
3. “Restraint of trade” requirement.
4. Compensation and “prices” that have been fixed.
5. Situations creating inferences of price fixing.
6. How to respond to antitrust situations.
7. Elements same as price fixing, including conspiracy and restraint of trade.
8. Situations creating inference of boycott.
(d) Complaint handling procedures, including all of the following:
1. Consumer satisfaction.
2. Liability avoidance.
3. Feedback on fair housing or other law violations.
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Published under s. 35.93, Stats. Updated on the first day of each month. Entire code is always current. The Register date on each page is the date the chapter was last published.