Sentences with phrase «practices of real estate salespeople»

Record setting sales and prices in Vancouver led to dozens of negative headlines about the shady practices of real estate salespeople, ultimately resulting in the industry's loss of self - regulation in that province.

Record setting sales and prices in Vancouver led to dozens of negative headlines about the shady practices of real estate salespeople, ultimately resulting in the industry's loss of self - regulation in that province.

Not exact matches

(1) The following shall be exempt from the Credit Services Organization Act: (a) A person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act, 12 U.S.C. 1701 et seq.; (b) A bank or savings and loan association whose deposit or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or a subsidiary of such a bank or savings and loan association; (c) A credit union doing business in this state; (d) A nonprofit organization exempt from taxation under section 501 (c)(3) of the Internal Revenue Code; (e) A person licensed as a real estate broker or salesperson under the Nebraska Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1real estate broker or salesperson under the Nebraska Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 -estate broker or salesperson under the Nebraska Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 -Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1217.

Given the current waive of litigation, it's a good time to review the structure of your relationships with your real estate salespeople and to confirm that in both practice and in theory they are properly classified.

Answer: Maybe about the same percentage of unethical real estate salespersons» behaviours practiced out of sight / earshot of naïve babes - in - the - woods marks?

Part of my own real estate practice is assisting real estate salespeople when a Real Estate Council of Ontario (RECO) complaint is made against them, to make sure that they fully co-operate with the investigation and provide the appropriate response to the complareal estate practice is assisting real estate salespeople when a Real Estate Council of Ontario (RECO) complaint is made against them, to make sure that they fully co-operate with the investigation and provide the appropriate response to the compestate practice is assisting real estate salespeople when a Real Estate Council of Ontario (RECO) complaint is made against them, to make sure that they fully co-operate with the investigation and provide the appropriate response to the complareal estate salespeople when a Real Estate Council of Ontario (RECO) complaint is made against them, to make sure that they fully co-operate with the investigation and provide the appropriate response to the compestate salespeople when a Real Estate Council of Ontario (RECO) complaint is made against them, to make sure that they fully co-operate with the investigation and provide the appropriate response to the complaReal Estate Council of Ontario (RECO) complaint is made against them, to make sure that they fully co-operate with the investigation and provide the appropriate response to the compEstate Council of Ontario (RECO) complaint is made against them, to make sure that they fully co-operate with the investigation and provide the appropriate response to the complaint.

«I've used the network to get in touch with salespeople in other parts of the country or world and learn how real estate is practiced there,» she says.

We are miles, or should I say, kilometers, ahead of the U.S. overall system / body of Realtors when it boils right down to competent, proper, consumer aware vs salesperson back - pocket awareness practices concerning the deliverance of real estate services based upon integrity and knowledge.

This will help solidify the status of real estate salespeople as independent contractors and avoid future litigation challenging this practice.

Three of the eight courses (Real Estate Principles, Real Estate Practice, and Legal Aspects of Real Estate) may have been completed as part of the initial salesperson licensing requirements.

594 DOS 01 DOS v. Walker - deposits; failure to appear at hearing; failure to pay judgment; failure to cooperate with DOS investigation; notary public; proper business practices; broker commingles funds by placing deposits in operating account; broker allows escrow account to be overdrawn on numerous occasions; broker uses deposit for separate, unrelated business investment; broker fails to pay judgment without presenting an explanation or excuse for failure to pay judgment; broker fails to cooperate with DOS investigation by failing to respond to and comply with letter directing him to appear for a conference and to provide certain documents; broker fails to notify DOS of new address upon closing office; DOS fails to prove that salesperson improperly held herself out to be real estate broker associated with corporate broker, that the broker made misrepresentations to the purchasers regarding payments they were required to make toward the purchase, that some checks were returned for insufficient funds, that the broker failed to make certain required payments, that the broker properly failed to make certain other deposits and that the broker gave a postdated deposit check which could not be cashed due to insufficient funds; representative broker's and corporate broker's licenses revoked, return of deposits in the amount of $ 400.00 and $ 3,173.83 ordered with interest, civil judgment to be fully satisfied; salesperson fined $ 1,000.00 and notary commission suspended for four months

Within 90 days from the issuance of an initial salesperson license, new licensees are required to take eight hours of instruction addressing topics specified by the Vermont Real Estate Commission related to the salesperson's real estate practReal Estate Commission related to the salesperson's real estate praEstate Commission related to the salesperson's real estate practreal estate praestate practice.

730 DOS 02 DOS v. New World Realty of New York, Inc. — availing of license; deposits; disclosure of agency relationships; duty to supervise sales associates; failure to pay judgment; proper business practices; DOS has jurisdiction where disciplinary action was started while individual was licensed as an associate broker and was eligible to automatically renew at the time of the disciplinary hearing; salesperson owned voting stock in licensed corporate real estate broker, failed to pay judgment and failed to present evidence of inability to do so, and engaged in unlicensed activity after license expired; representative broker availed corporate real estate brokers license to salesperson; representative broker failed to properly supervise salesperson by permitting and authorizing salesperson to act as a real estate broker; broker and salesperson failed to make agency disclosures and failed to deposit funds of principal in a special bank account; real estate transaction conducted was a fraudulent business practice; DOS fails to prove the unauthorized practice of law; salesperson's license revoked and salesperson ordered to pay refund of $ 1,406.00 of illegal commission collected; representative broker's license revoked and broker ordered to refund $ 74.00 of illegal commission collected; representative broker fined $ 5,000.00

7 DOS 00 DOS v. Flagship Marketing Group - availing of license; failure to cooperate with DOS investigation; jurisdiction; proper business practices; ex parte hearing may proceed upon proof of proper service; DOS retains jurisdiction over party not licensed at the time of the hearing where, at that time the complaint was served, the party was (i) licensed, (ii) an applicant for a license or renewal, or (iii) was eligible to automatically renew; salesperson is prohibited both from owning, directly or indirectly, singly or jointly, any shares of voting stock in and from being an officer of any licensed real estate brokerage corporation with which the salesperson is associated; representative real estate broker availed the corporate broker license to an associated salesperson where the office was operated by the salesperson without the direct supervision of the representative broker and the salesperson conducted business as a broker for his own benefit; representative real estate broker engaged in fraud by availing the corporate real estate broker license to a salesperson; representative broker's availing of corporate broker's license for which the corporate broker is vicariously liable; failure to provide business records constitutes failure to cooperate with DOS investigation; DOS fails to establish fraud, ignorance or negligence is not sufficient to prove mistake; pressure, regardless of how severe, is not undue influence; restitution denied where funds sought were received by an entity not named or charged in the complaint; corporate broker fined $ 3,000.00, representative broker's license revoked and fined $ 3,000.00 and salesperson fined $ 5,000.00

This post-licensure education requirement shall address topics specified by the Vermont Real Estate Commission (VREC) related to the salesperson's practice of the profession post-licensure.

331 DOS 03 DOS v. Skarvelis — DOS fails its burden of proof; proper business practices; no licensed salesperson may own any voting shares of stock in any licensed real estate brokerage corporation with which the salesperson is associated; DOS fails to prove that salesperson was ever associated as a licensed real estate salesperson with broker at a time when she held voting rights and an ownership interest in the brokerage; complaint dismissed

Instead of salespeople or brokers recommending lenders, the time - honored practice would be reversed, with lenders encouraging potential buyers to hook up with a particular real estate office.

It is sad to think that after wannabe - real - estate - salespersons students have successfully passed their exams, that thereupon entering their fields of dreams, licenses in hand and managers earnestly pushing for listings, that these same said newbies do not seem to understand (or put into practice) what the meaning of fiduciary responsibility to ones» clients entails unless it is explained via more paperwork.

Is this the reason that FINTRAC is zeroing in on the practice of suspecting real estate salespeople — in general — of possibly being complicit in criminal activities?

Buyer - Seller Dispute Resolution System (DRS) Designed to resolve disputes between buyers, sellers, and real estate brokers / salespeople not otherwise covered under Article 17 of the Code of Ethics and Standards of Practice.

The REALTOR ® trademarks are used to identify real estate services provided by brokers and salespersons who are members of CREA and who accept and respect a strict Code of Ethics, and are required to meet consistent professional standards of business practice which is the consumer's assurance of integrity.