Brokers can now have unlimited offices! What does that mean?
It wasn’t that long ago that a branch manager was required for every physical office on a brokerage. Then they opened it to 3 offices. And now, there is no limit. Brokers rejoice! Agent’s run wild! New Broker Rules Not so fast. In the same rule that removes the limit on offices, they are some very specific new rules that define what brokers need to do to supervise these agents. Take a look at some of these highlights: The broker must: Have written policies and procedures Oversee file storage Review how trust funds are handled Inspect advertising Make sure their [...]