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Broker Advisory

May 15, 2023: Broker Practice Advisory - Fraudulent Sellers

From time to time, the Division of Real Estate receives reports of scams or potential scams. Today, the Division would like to revisit an issue that can happen all across the state. While these scams can take place in single family homes and condominiums, they most commonly seem to take place on vacant, raw, or undeveloped land.

March 8, 2023: Broker Practice Advisory: Unlicensed Access To Properties

It has been brought to the attention of the Division of Real Estate of a growing scam involving unlicensed individuals contacting listing agents in an attempt to gain access to properties. Usually, the unlicensed individual is impersonating an actual real estate licensee and is reaching out to the listing agent, likely by email or text, but also by telephone, to arrange a showing under the auspices that they encountered some type of 鈥渆rror or problem鈥� with the showing service. 

Real Estate Broker Safety

Now that the summer home-buying season is underway, real estate brokers should take heed of safety measures for themselves, as well as for their clients. In addition to any COVID-19 health department protocols that may exist in any particular county, there are other measures that can help ensure one鈥檚 safety.

Recognizing Discrimination in Housing

Colorado has been at the forefront when it comes to enacting fair housing laws, in fact prohibiting discrimination in housing as far back as 1959, years before the federal Fair Housing Act became law. 乐竞体育全站se laws were established to make sure that everyone has the same opportunity and access to choosing where they want to live and the type of housing that they desire.

Real Estate Broker Safety

Now that the summer home-buying season is underway, real estate brokers should take heed of safety measures for themselves, as well as for their clients. In addition to any COVID-19 health department protocols that may exist in any particular county, there are other measures that can help ensure one鈥檚 safety.
 

乐竞体育全站 What, Why, and Risks of Using Lockboxes

In this second advisory of the series, we discuss the types, use, risks, and some best practices involved with using lockboxes for accessing a seller鈥檚 property. We also touch on some real life examples of lockbox violations that can bring a real estate broker before the Real Estate Commission for discipline.

Jury Duty Scam Directed at Real Estate Brokers

乐竞体育全站 Division of Real Estate has been informed by the Denver Police Fraud Unit that a Jury Duty Scam is currently being directed at Colorado real estate brokers, and in particular toward female brokers.

Employing Broker Supervision and Responsibility

As a real estate broker, have you ever asked yourself 鈥淲hat exactly is the job of the employing broker?鈥� Whether it's you or someone you work for, the employing broker has many responsibilities and different levels of supervisory duties that must be adhered to.

Navigating a Commission Dispute as a Listing Broker

乐竞体育全站 Division of Real Estate has become aware of an increase in the number of instances concerning real estate broker commission disputes between a seller and broker arising at the closing table wherein the seller decides for a number of reasons that they do not want to pay their listing brokers鈥� commission in full.

乐竞体育全站 Colorado Division of Real Estate

A Division of the . 

  [email protected]

 1560 Broadway, Suite 925 Denver, CO 80202

  303-894-2166 | Toll Free: 800-886-7675

  303-894-2683 

 Need to visit our office in-person? Schedule an appointment (Appointments are recommended for in-person services).

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乐竞体育全站 Division of Real Estate bimonthly email update is designed to provide Division news, information on upcoming public meetings, rulemaking hearings, and registration links for education webinars. Additionally, licensed professionals can find updates on licensing deadlines, opportunities for stakeholder engagement, and important practice guidance matters.