Diane Simpson is a national real estate educator and a consultant to NAR. She holds the Distinguished Real Estate Instructor designation, conferred by the Real Estate Educators Association, and can be reached at DSSpeaking@aol.com.
Articles by this author:
Recent court decisions have expanded employer liability for the actions of supervisors. Brokers can also be held liable when an employee is harassed by a coworker or a nonemployee, such as a salesperson working as an independent contractor. Fortunately, brokers can limit their liability by taking precautions to prevent or correct incidents of sexual harassment long before any suit is filed.
As your business grows, it becomes necessary to delegate activities, including the handling of operating and trust monies. However, hiring others to receipt, deposit, and disburse monies increases your business risk. Here are 10 risk-reduction suggestions.