Broker in Charge
Are you considering being a sponsoring broker? If so, it is a huge responsibility and one that you must take seriously. You will be the one individual responsible for and held accountable for all acts of your associates. You will be the mentor, the one who sets the example. You will be required to set policies in regard to how real estate transactions are handled by your firm. You will be responsible and liable for all trust funds collected and ensure they are deposited promptly and remain secure. These are just a few of the issues a sponsoring broker faces on a daily basis.