Risk Management discusses ways to minimize the risk of liability through risk shifting, risk anticipation and risk control. The course describes a variety of situations that may lead to potential problems for brokers and is designed to aid in managing risk.

Risk management generally involves four components:

1. Education
2. Risk Shifting
3. Risk Anticipation
4. Risk Control

This course covers how brokers use these components to manage risk. Brokers may be found liable for certain violations, including misrepresentation, nondisclosure, and unauthorized practice of law. This course discusses the agent's responsibilities when confronted with an environmental hazard, federal fair housing questions and ADA requirements. Antitrust laws are discussed along with the sanctions and penalties that can be placed on violators.