It is also true of the registered real estate salesperson
employed by a broker.
Is a broker guilty of unfair competition and business practices if he affiliates several salespeople who, while
employed by another broker, were trained in particular sales, farming, and advertising techniques?
ISSUE: Is a broker guilty of unfair competition and business practices if he affiliates several salespeople who, while
employed by another broker, were trained in particular sales, farming, and advertising techniques?
These are the transaction - based financial professionals typically
employed by broker - dealers and insurance companies.
Not exact matches
Most independent business loan
brokers have more leeway in adjusting their fees up or down than those
brokers employed by brokerage firms.
The most important characteristic of mortgage
brokers is that they are not
employed by the lenders they work with.
The Exchange trade is carried on
by a small and special body of foreign bill -
brokers, of whom Messr Rothschild are the greatest... [The] family are not English bankers, either
by the terms on which they borrow money, or the mode in which they
employ it.
The word gourmet coffee is from the French term for a wine
broker or taste - vin
employed by a wine dealer.
Some knowledge
brokers employed by academia also carry out administrative functions.
You will save you a lot of time, money and headaches
by employing a professional mortgage
broker.
Besides taking a closer look at how «rigorous» the tax - related calculations
employed by different outside managers and institutional
brokers to market different managed accounts and bond funds are, advisor Munson says he's taking more care to talk to HNW investors about their «average» tax obligations.
When a loan officer ceases to be
employed by a licensed loan
broker, the loan
broker shall promptly notify the administrator in writing.
The registration of a loan officer is valid only when that person is
employed or retained and supervised
by a licensed loan
broker.
18) Home Purchase You can often negotiate a lower sale price
by employing a buyer
broker who works for you not the seller.
While all of the Banc De Binary admonitions are absolutely valid and are the same made
by financial regulators across the world, it is also true that the
broker itself is often
employing unfair practices.
When home prices decline, lenders have no way to compel homeowners to add more equity, like the margin calls
employed by stock
brokers when investors buy shares with borrowed money.
Because mortgage
brokers are not
employed by any one financial institution, they are not as limited in the products they can offer you.
If a
broker were really reputable, you'd expect them to provide you with prompt and satisfactory answers but a firm that cuts corners
by employing untrained staff or that lacks insufficient methods to contact them can be pretty frustrating to deal with.
The
brokers office contacted Seven Corners directly and made a complaint about their appalling service and next thing I knew was that I got an email from a lady
employed by Seven Corners to try and sooth the savage beast that was on fire.
The company also sells supplemental health and disability insurance, marketing all their products and services thru
brokers and independent career representatives supported
by an estimated 1,700 highly skilled insurance professionals
employed by the company.
Most of the reputed insurance
brokers employ advisors whose work profile is to help clients meet their financial goals
by means of proper financial planning which would include Protection Planning (Life Insurance and Critical Illness Insurance), short term goals (building financial discipline), long term goals (saving for children's higher education or for one's own retirement), protection, etc..
Insurance claims inspectors are
employed by insurance and reinsurance companies and
brokers.
Property managers
employed by real estate
brokers or landlords reported average property manager salaries ranging from about $ 60,000 to $ 65,000 / yr.
They may work as independent
brokers, or be
employed by an insurance company.
Aboriginal and Torres Strait Islander staff
employed by the service provider can play a crucial role as
brokers to develop these networks.
The right to vote contemplated
by this Interpretation shall not be deemed denied to a
broker otherwise eligible for REALTOR ® membership if: (1) such
broker voluntarily elects a REALTOR ® membership classification authorized
by the Board having limited or no voting rights; and (2) at least one principal, partner, officer, or trustee of the firm, partnership, corporation or trust with which such
broker is affiliated or
by which he is
employed is a REALTOR ® Member having full voting rights.
Buyer or Seller is the licensee's
employing broker, or owns or is
employed by the licensee's
employing broker.
[2] A licensee is not responsible for a report or statement
by a person who made a report concerning real estate, including an inspection report or survey, unless the report or statement was made
by someone
employed by the licensee or a
broker with whom the licensee is associated, the report or statement was made
by a person selected and hired
by the licensee, or the licensee knew before closing that the statement was false.
REBBA 2002 Funding educational courses (10) The brokerage shall fund the educational courses for
brokers and salespersons
employed by the brokerage as required under subsection (4),
The newsletter also reports that the Labor Department believes that those assistants are «jointly
employed»
by brokers and salespeople so it'll pursue both if back taxes, interest, or penalties are due.
In addition, Acme's property management services must be supervised
by a managing
broker who is licensed to provide rental property management services and all other persons
employed by Acme as leasing or rental agents must be licensed as representatives (or associate
brokers) to provide rental property management services under RESA.
«submortgage
broker» means any person who, in British Columbia, actively engages in any of the things referred to in the definition of mortgage
broker and is
employed, either generally or in a particular case,
by, or is a director or a partner of, a mortgage
broker;
You must submit a reinstatement application completed
by you and your
employing broker or
broker - of - record and submit it to the Real Estate Licensing Services Bureau accompanied
by the appropriate fee ($ 150 salesperson or $ 250
broker - salesperson).
When there is one
broker, and there are different salespersons licensed under the same
broker, each salesperson is an employee of the
broker and their actions are the actions of the
employing broker ․ When one salesperson obtains the listing and represents the seller, and another salesperson
employed by the same
broker represents the buyer, they both act as employees of the same
broker.
(a) promptly after registration, deliver to the registrar a list of the names and addresses of submortgage
brokers employed by the mortgage
broker, and
Salvador v. Uncle Sam Auctions & Realty, Inc. (30 A.D. 3d 861)- judgments awarding brokerage commission and counsel's fees affirmed; Supreme Court resolved key factual disputes in favor of
broker based upon credible testimony; an award of counsel's fees was authorized
by the contract; commission awarded in the amount of $ 87,500.00 and attorney's fees award in the amount of $ 44,500.00; Appellate Division declined to reduce the amount of counsel's fees awarded as excess legal work resulted in large part from unavailing and often unnecessary paths pursued and tactics
employed by plaintiff; request for appellate counsel fees should be directed to court of original instance
IDX agreements
employed by most multiple listing services around the nation include strict rules about the display of listing data — such as prohibitions on advertising and identifcation of listing
brokers — that third - party websites aren't subject to.
Brokers can choose not to have the unbranded «Connection for Co-Brokerage» lead forms employed by Realtor.com appear next to listings they represent (Realtor.com offers incentives, such as additional listing photos, to brokers who allow the lead forms to appear next to listings they repr
Brokers can choose not to have the unbranded «Connection for Co-Brokerage» lead forms
employed by Realtor.com appear next to listings they represent (Realtor.com offers incentives, such as additional listing photos, to
brokers who allow the lead forms to appear next to listings they repr
brokers who allow the lead forms to appear next to listings they represent).
(3) To prevent infringements
by foreign
brokers or any other unauthorized person, or Company not 100 percent owned
by Bahamian Nationals, to transact the business of real estate brokerage or, in the case of a Company not 100 % Bahamian owned, to
employ brokers, and benefit financially thereby.
«Salespersons commonly believe that there is no dual representation if one salesperson «represents» one party to the transaction and another salesperson
employed by the same
broker «represents» another party to the transaction.
Arrange for the return of the licence certificate to the Council's office with the reverse side completed
by an authorized signatory of the
employing brokerage (e.g. managing
broker, director, officer, or partner) stating the date of surrender and the reason for leaving.
(a) enter the business premises of a person registered or required to be registered under this Act as a mortgage
broker or submortgage
broker during business hours for the purpose of carrying out an inspection, examination or analysis of records, property, assets or things that are used in the business of the mortgage
broker or of the mortgage
broker by whom the submortgage
broker is
employed and that may reasonably relate to the subject matter of the inquiry,
Kalman Dolgin Affiliates v. Estate of George H. Nutman (172 A.D. 2d 917) absent a contrary agreement, a principal who
employs a
broker is liable for commissions when the
broker performs the contract
by procuring a purchaser, even though the principal does not own the property and can not sell it.
(7) If a submortgage
broker ceases to be
employed, the notice must also state the reason why the submortgage
broker ceases to be
employed by the mortgage
broker.
Salespersons often think there is no dual representation if one salesperson represents one party to the transaction and another salesperson
employed by the same
broker represents another party to the transaction.
Salespersons believe they may work independently in the transaction when they are negotiating with a different salesperson
employed by the same
broker who is representing the other party to the transaction.
Salesperson - According to the Real Estate Trading Act, a salesperson is a person
employed, appointed or authorized
by a
broker to trade in real estate on behalf of that Brokerage.
It contained language that Wegmann was to act as an «agent» regarding the 68 acres of land owned
by Mannino and his pals, including setting up a field office, and to ``...
employ suitable help, salesmen, or
brokers, set up signs, advertise, and sell the lots.»
The terms «
employ,» «employment,» «employer,» and «employee,» when used in this chapter and in rules adopted pursuant thereto to describe the relationship between a
broker and a sales associate, include an independent contractor relationship when such relationship is intended
by and established between a
broker and a sales associate.
The brokerage, created and headed
by Michel Bouchard, is based in Kirkland and
employs more than 20
brokers.