2025-2026 SC BIC Mandatory Course: Risk Management for Brokers-in-Charge
As a South Carolina broker-in-charge (BIC), you are responsible for more than just closing deals—you are the first line of defense in managing risk, ensuring compliance, and protecting both your clients and your brokerage. The real estate industry is constantly evolving, and staying ahead of legal, regulatory, and ethical changes is essential to your success. This course will equip you with the knowledge and strategies needed to navigate emerging challenges, minimize liability, and uphold the highest professional standards.
Throughout this four-hour mandatory course, you’ll explore key risk management concepts, including recent legal updates, commission orders, and best practices for reducing liability. You’ll also examine real-world case studies that illustrate common pitfalls and how to avoid them.
Course highlights include:
- Responsibilities of BICs
- Risk identification and management
- Establish and enforce office policies
- Trust accounting
- BIC role in material fact and property disclosure compliance
- Document retention requirements
- Mandatory forms and language
- Fair housing issues
- Recent changes to advertising
- How to handle “Coming Soon” listings
- Understand wholesaling
- Impact of NAR Settlement in SC
- Reciprocity agreement updates
- Real Estate Service Agreements
- Understand SCREC Commission Orders
State Requirements For South Carolina
South Carolina State Requirement Details for Real Estate Broker-In-Charge
Renewal Date: 6/30 every two years
Hours Required: 10 hours
- 4 hours - Mandatory hours
- 4 hours - Core hours
- 2 hours - Elective hours
Broker-in-Charge: Per South Carolina Section 40-57-340, a broker-in-charge shall provide proof of satisfactory completion biennially of ten hours of continuing education in courses approved by the commission. The ten hours must include a minimum of four hours of instruction in mandated topics for a broker or associate license and four hours of continuing education must be in advanced real estate topics designed for brokers-in-charge.
South Carolina Real Estate Commission
Street Address: Synergy Business Park, Kingstree Building 110 Centerview Dr, Ste 201, Columbia, SC 29210
Mailing Address: PO Box 11847, Columbia, SC 29211-1847
Telephone: 803.896.4400
Fax: 803.896.4427