Tag Archives: Commissions

Unlicensed Real Estate Agent Costs Brokerage $6.6 Million Commission

Apr 16,2014 / By John Colby Cowherd / 3 Comments

What tasks can real estate brokerages assign to employees lacking a real estate license? What risks does a brokerage run from allowing unlicensed agents to manage relationships with clients and other parties to the transaction? On April 4, 2014, Judge Anthony Trenga decided that a prominent commercial broker forfeited a $6.6 million dollar commission because […]

Fraud & Misrepresentation

Protecting a Company against Identity Fraud in 2014

Jan 13,2014 / By John Colby Cowherd / No Comment

Whether your business has a staff of 2 or 200, protecting the business from any kind of fraud, including identity theft, requires a team effort. For businesses that have databases with personal identifiers such as names, addresses, social security numbers and dates of birth, the security of that data poses a special risk to both […]