Sentences with phrase «employed by broker»

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 reprBrokers 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 reprbrokers 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.
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