On occasion, it may come to your attention that an agent is not conforming to the policies and procedures of your brokerage, or engaging in activity that otherwise is not in conformity to with expectations. As a broker, it is your responsibility to oversee your agents and there activities.
Failure to do so may subject you to serious long term consequences . In these instances, it is critical to have an attorney to consult with and who represents only your interests. It may be as simple as a letter or a phone call to avoid trouble and prevent a situation from developing into something more serious. It may involve something more complicated and consequential. In either case it is very important to have an attorney to consult with and refer to when that need arises.
I would like to assist you in your legal needs as a broker. I can do as much or as little as you need. I look forward to helping you with your legal needs should that occasion arise. If in when that does please contact me directly.
There are a lot of challenges to running a real estate brokerage……… agents, buyers, sellers, inspectors, appraisers, surveyors, and the Real Estate Commission to name a few. Most often, the legal issues arise from a commission dispute, or an issue relating to procuring cause, incomplete disclosure statement, or failure to follow the rules and procedures of the brokerage or real estate commission.
As a broker you are responsible for that acts of your agents. At times, you may find that one of your agents is doing something or not doing something that is dictated by your companies operating policies. Since you are ultimately responsible for the acts of your agents it is very important to have policies and procedures in place for agents to refer to. It is also important to have regular meetings to ensure compliance with those policies and procedures.
As a broker, you play a critically important role in the process of purchasing and selling real estate. As you know, many rules are in place to guide and direct you in the operation of your brokerage. These rules and guidelines exist for a reason and must be paid attention to and strictly followed to avoid trouble.