Broker Advisory

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 “error or problem” with the showing service.

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Updated and New Commission Contracts and Forms for Use in 2022 - Educational Purposes

The Division of Real Estate and the Colorado Real Estate Commission, working in conjunction with the Forms Committee, have adopted and finalized the 2022 mandatory contracts and forms. Visit the Division’s Contracts and Forms Web Page to review the redline and clean drafts for educational purposes.

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Refusing to Present Offers to Sellers

The Division continues to receive complaints by prospective buyers and their buyer’s brokers that some listing brokers are not presenting buyer’s offers to the seller. An additional complaint is that those listing brokers are refusing to present offers to their sellers unless a particular contract software is being used.

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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’s safety.

Read more about Real Estate Broker 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. These 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.

Read more about Recognizing Discrimination in Housing

Real Estate Broker Safety

Read more about Real Estate Broker Safety

The 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’s 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.

Read more about The What, Why, and Risks of Using Lockboxes

Jury Duty Scam Directed at Real Estate Brokers

The 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.

Read more about Jury Duty Scam Directed at Real Estate Brokers

Employing Broker Supervision and Responsibility

As a real estate broker, have you ever asked yourself “What exactly is the job of the employing broker?” 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.

Read more about Employing Broker Supervision and Responsibility

Navigating a Commission Dispute as a Listing Broker

The 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’ commission in full.

Read more about Navigating a Commission Dispute as a Listing Broker

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

Updated and New Commission Contracts and Forms for Use in 2022 - Educational Purposes

Refusing to Present Offers to Sellers

Real Estate Broker Safety

Recognizing Discrimination in Housing

Real Estate Broker Safety

The What, Why, and Risks of Using Lockboxes

Jury Duty Scam Directed at Real Estate Brokers

Employing Broker Supervision and Responsibility

Navigating a Commission Dispute as a Listing Broker

The Colorado Division of Real Estate

More about the Division