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URL:https://www.learndesk.us/class/6277468010840064/lesson/9de55f52ead27d118676a464901170fa?ref=outlook-calendar
SUMMARY:Unit 9: risk Management
DTSTART;TZID=America/Los_Angeles:20260527T190000
DTEND;TZID=America/Los_Angeles:20260527T200000
LOCATION:https://www.learndesk.us/class/6277468010840064/lesson/9de55f52ead27d118676a464901170fa?ref=outlook-calendar
DESCRIPTION: Unit Nine Learning Objectives: When the student has completed this unit he or she will be able to:
• Identify numerous ways to capitalize on risk reduction via the adoption of key risk management strategies • Summarize significant areas of risk encountered by licensees in the ordinary discharge of their brokerage activities
RISK MANAGEMENT STRATEGIES
Risk is the chance of losing something. Its two dimensions are the probability of occurrence and the extent of exposure to monetary or non-monetary consequences. Since most risks are related to judgments and decisions, the real estate licensee, who makes numerous complex decisions every day, faces a high degree of risk potential.
Risk management is a structured approach to dealing with the uncertainties and consequences of risk. In real estate practice, the aim is to reduce risk to an acceptable level through anticipation and planning.
Well-established strategies for managing risk are:
• Avoidance (elimination) •...

https://www.learndesk.us/class/6277468010840064/lesson/9de55f52ead27d118676a464901170fa?ref=outlook-calendar
STATUS:CONFIRMED
SEQUENCE:3
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