What is a broker-in-charge?

In Washington, a broker-in-charge is responsible for supervising real estate brokers and salespersons. This person is typically a real estate broker with additional training and experience. The broker-in-charge oversees all activity conducted by the salespersons and brokers that they are managing, ensuring that all transactions are in compliance with applicable real estate law in Washington. The broker-in-charge is responsible for the technical and administrative supervision of the activities of their agents and employees. They ensure that all forms and documents are properly completed and submitted. They must remain knowledgeable of all the rules and regulations that govern real estate transactions in Washington and keep the agents updated on changes. They also have to provide coaching and guidance to their agents, to ensure that all real estate contracts and regulations are followed. The broker-in-charge is also responsible for the management of all funds related to the real estate transaction. They must insure that all funds are handled properly and that all payments are made in accordance with the applicable regulations. The broker-in-charge is responsible for the proper management and supervision of all real estate activity within the agency. It is a critical role that helps protect consumers and ensure that all real estate transactions are conducted in compliance with the law in Washington.

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What is a broker-in-charge?

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