What are the broker’s supervision duties?

The broker’s supervision duties include but are not limited to:

1. Review and manage real estate transactions performed by licensees;
2. Manage the use of unlicensed assistants by licensees;
3. Manage the handling of trust funds;
4. Manage the filing, storing and maintenance of transaction documents;
5. Oversee the delegation of others to act on behalf of the broker;
6. Familiarize salespersons and associate brokers with the requirements of federal, state and local laws relating to the practice of real estate; and,
7. Review all advertising by licensees and the entity to ensure compliance with the Commissioner’s rules on advertising. (R4-28-1103.A and R4-28-502.G)