Concertedly identified personal value to clients, painting a persuasive sales picture, and situating self
as trusted source acting in clients» best interests.
With respect to
trust accounts, the amended statute provides that real estate brokers and licensed real estate property managers may not commingle funds in a client
trust account, with the exception of compensation earned in connection with a real estate sale, purchase, or exchange transaction.2 Commingling is defined
as «the mixing of funds from any
source, including personal funds, with
trust funds... by a licensed real estate property manager or principal real estate broker.3 Licensees do not need to create a
trust account when
acting only
as a courier conveying a check payable to the seller from the purchaser.4