Archive | DRE Compliance

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Real Estate Vocabulary For Buyers and Sellers

Pocket Listing Pocket Listing:  This is a listing of a broker member of the local Multiple Listing Service that is not placed into the Service. Do all listings have to be submitted to Multiple?  No. Exceptions are: Listings for apartment houses, commercial buildings, etc.Listings out of the local area not covered by the Multiple. Listings […]

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TRUST FUNDS

Trust Fund Management In my real estate classes I ask a question and many licensees do not know the correct answer. Ready? What is a worse crime in Trust Fund Management? Commingling or Conversion. They answer commingling because licensees are taught from their first class, never mix your personal funds with trust funds. Conversion according […]

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DRE COMPLIANCE GOALS – FOR BROKERS

  By Summer Goralik: Former DRE Investigator, Lecturer, Author; Real Estate Compliance Consultant; Ethics Student Fundamentals of Broker Supervision In an effort to stay true to my own goals this year, I am writing a follow-up piece to my recent post on “DRE Compliance Goals”. That post, which you can read by clicking here, https://www.expertdrecompliance.com/blog/dre-compliance-goals […]

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