How much of the real estate activities must a broker supervise regarding their salespersons and employees?

A broker is required to supervise all real estate activities conducted by their salespersons and employees. This comprehensive oversight ensures that all transactions, marketing efforts, and client interactions adhere to legal and ethical standards within the industry.

The reason for this all-encompassing supervision is to protect both the interests of clients and the integrity of the brokerage. Being fully aware of the activities of salespersons allows brokers to address any potential issues proactively, ensure compliance with regulations, and provide appropriate training and guidance.

While a broker must monitor significant transactions or marketing efforts, limiting their oversight to these areas would leave gaps in responsibility and accountability. This could lead to mishandling of other vital aspects of real estate transactions, which could jeopardize the broker's license and the success of the brokerage. Therefore, full supervision is essential for maintaining high standards in real estate practices.