Saturday, August 27, 2011

CAR urges Gov. Brown to strengthen real estate office licensing


The California Association of Realtors wants Gov. Jerry Brown to sign a bill that would increase accountability of licensees managing real estate sales offices.

The California Department of Real Estate currently cannot hold an office manager responsible for failing to supervise licensees in the office. Current law only allows the state regulator to hold the principal broker responsible, even in situations where that broker has delegated supervisorial responsibilities to an office manager.

"This bill will ensure that California consumers receive the protections to which they’re entitled when they walk into a real estate sales office," the CAR said.

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