It is a Happy New Year already for Rowlett Real Estate School. I have to say that 2018 was a great year, but we are looking forward to 2019 being even better. Word is getting out about our new narrated video course. We are turning out happy students every day prepared for the state exam. We are adding new exam prep courses and new features to our website. Students will have even more access to the tools they need to succeed.
Real estate agents are bound to certain rules of agency regarding relationships with their employing broker(s). A real estate sales associate’s authority to provide real estate services originates with the broker. Even though the real estate sales associate may perform most, if not all, of the real estate services agreed to, all the listings that you bring into the company belong to your broker.
The lenders policy is a policy for the mortgaged amount. It insures the title in the event that a problem arises on the title and it will pay the lender the unpaid mortgage balance. The lenders policy is transferable, which allows the lender to sell a mortgage in order to get more money, enabling the lender to make more loans.