RESPA
The Real Estate Settlement and Procedures Act
4 clock hours
C-4540
 

Real estate brokers and agents must comply with the federal Real Estate Settlement Procedures Act, or RESPA. While the enforcement of RESPA by the U.S. Department of Housing and Urban Development (HUD) has been dormant in the past, HUD has recently stepped up its enforcement efforts. Now, more than ever, real estate brokers and agents must ensure they are complying with RESPA.  Even with proposed RESPA reform emerging from HUD, the industry still faces time for review, approval and implementation of anything new.  Until then, we will still be bound by existing federal RESPA rules.  In this four-hour course we will learn how Sections 8 and 9 of the Real Estate Settlement and Procedures Act applies to real estate agents, which acts are prohibited, what the exceptions are, and what RESPA reform has in store for us. 

End of course evaluations:

"This class makes me realize that RESPA should be a core class for all real estate agents."
Jeff Perkins RE/MAX Metro, Eastlake

"With this knowledge, I will be in a better position to use those vendors who comply with RESPA, thereby saving me time, stress and potential loss of income."
Mary Rice, John L Scott

"Class was very substantive and enjoyable, thanks to Jillayne's bottomless well of knowledge, experience, energy, and creativity in presentation!"
J.B. Webster, Keller Williams

"RESPA:  Class was very informative regarding update on staying within compliance in everyday working framework; especially in working with vendors and affiliates in our business arena."
-Pam Lawrence, John L Scott Bellevue

"Outstanding instructor.
Never boring.
Excellent presentation.
Very strong verbal skills.
Excellent handouts.
Will seek out other clock hour classes from same instructor."
-Wolfgang Dix, Windermere Bellevue Commons. 

"Thank you Jillayne! I enjoyed taking the Closing Stmt Fraud class and this RESPA class back-to-back.  Today's [RESPA] class was a great mix of review, interactive learning, and a look into the future.  I always look forward to BPI classes. The quality is excellent." 
-Christine Huffstetter, John L Scott, Seattle

"This class was very interesting...Information was excellent...I liked the interaction in class....I learned a lot." 
-Shirley Mulvihill, Brier Realty

"This class was very informative and presented in an excellent way.  Jillayne kept your interest and was very knowledgeable.  I would definitely recommend this class to other agents."
-Debbie Kinson, Windermere Issaquah

"Nicely done.  Good understanding of the topic and [Jillayne] conveyed it well."
-Marsha Houchins, John L Scott Bellevue
 

Legal Disclaimer

This course is for educational purposes and is intended to 
provide an overview of the issues discussed.  It is taught with the
understanding that the purpose is not to render legal advice.  
Although this information is prepared by professionals, it should 
not be utilized as a substitute for professional service in specific 
situations.  Participants are encouraged to seek independent 
advice from a professional if such services are needed.