7,864,157
You will be in big trouble if you do not properly account for the funds of others.
-
Raj Taj
Lake Bluff, IL
-
Tony and Suzanne Marri...
Scottsdale, AZ
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
PropertyMinder (Accele...
San Jose, CA
-
Nina Hollander, Broker
Charlotte, NC
1,525,616
You better keep really good records if you want to stay out of jail. With that being said, our broker is responsible to deposit the EMD which we turn in to the admin staff.
-
Roy Kelley
Gaithersburg, MD
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Fred Griffin Florida R...
Tallahassee, FL
-
Michael Jacobs
Pasadena, CA
-
PropertyMinder (Accele...
San Jose, CA
-
Ron and Alexandra Seigel
Carpinteria, CA
5,772,587
Because you are dealing with money, and money needs to be accounted for. A
-
Roy Kelley
Gaithersburg, MD
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
PropertyMinder (Accele...
San Jose, CA
-
Ron and Alexandra Seigel
Carpinteria, CA
5,113,121
Accounting for what? Are you talking about client money? You're a fiduciary and you have to account for monies per your state regulations.
-
Roy Kelley
Gaithersburg, MD
-
Jeff Perlis Prime Prop...
Lake Arrowhead, CA
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
PropertyMinder (Accele...
San Jose, CA
187,002
Are you Real?
-
Bob "RealMan" Timm
Minot, ND
-
Roy Kelley
Gaithersburg, MD
-
Raj Taj
Lake Bluff, IL
-
Jeff Perlis Prime Prop...
Lake Arrowhead, CA
-
Debe Maxwell, CRS
Charlotte, NC
2,400,425
Accounting or accountability? Actually both are very important in Real Estate Ann Real . As an agent you better be good with accounting or you will be one of the 99% that was out because you can't budget well enough to feed yourself when working on commission. If you become a broker you better know how to account for earnest money or you will get free room and board in jail.
-
Raj Taj
Lake Bluff, IL
-
Roy Kelley
Gaithersburg, MD
-
Jeff Perlis Prime Prop...
Lake Arrowhead, CA
-
John Pusa
Glendale, CA
-
Debe Maxwell, CRS
Charlotte, NC
399,703
Sometimes you're dealing with people's life savings. Even if you're not - folks are entrusting you with their money, and responsible accounting is imperative. - Tim
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Nina Hollander, Broker
Charlotte, NC
5,254,655
If you want to keep your license, you'd best be accountable for the accounting, Ann!
-
Bob "RealMan" Timm
Minot, ND
-
Roy Kelley
Gaithersburg, MD
-
Raj Taj
Lake Bluff, IL
-
John Pusa
Glendale, CA
87,920
Book-keeping is essential, CPA does the rest.
-
Bob "RealMan" Timm
Minot, ND
-
Roy Kelley
Gaithersburg, MD
-
Raj Taj
Lake Bluff, IL
1,553,588
My CPA knows.
-
Bob "RealMan" Timm
Minot, ND
-
Richard Bazinet /MBA, ...
Scottsdale, AZ
-
Debe Maxwell, CRS
Charlotte, NC
2,684,569
Co-mingled funds/escrow shortages are the number one reason for disciplinary action among Florida licensees. Keep your hands off the money - let the Title closer or Title attorney handle it.
-
Roy Kelley
Gaithersburg, MD
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
1,506,163
Ann,
Only if you handle/deposit other people's money into a trust account is it important. If you never touch the money (as most people), then you don't need to worry about it.
-
Roy Kelley
Gaithersburg, MD
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
5,240,021
Accounting for funds is essential!
-
Roy Kelley
Gaithersburg, MD
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
2,784,716
Uncle Sam is one reason and another...tracking
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Ron and Alexandra Seigel
Carpinteria, CA
3,071,489
Roy Kelley nailed this one!
-
Bob "RealMan" Timm
Minot, ND
-
Roy Kelley
Gaithersburg, MD
853,122
It's super important after the transaction... Don't mess my check up! ;0
-
Bob "RealMan" Timm
Minot, ND
-
Roy Kelley
Gaithersburg, MD
4,434,177
Roy has answered
-
Bob "RealMan" Timm
Minot, ND
-
Roy Kelley
Gaithersburg, MD
6,418,429
For many reasons, it is a business.
-
Bob "RealMan" Timm
Minot, ND
-
Roy Kelley
Gaithersburg, MD
4,319,773
Ann Real - we got to deal with money all the time... lol!
-
Bob "RealMan" Timm
Minot, ND
-
Roy Kelley
Gaithersburg, MD
5,060,814
Buying and selling real estate is based on financials and they need to be tracked.
-
Bob "RealMan" Timm
Minot, ND
-
Roy Kelley
Gaithersburg, MD
1,712,776
2 plus 2 must equal 4.
-
Roy Kelley
Gaithersburg, MD
-
Bob "RealMan" Timm
Minot, ND
4,176,822
Ann Real accounting is important in a real estate transaction and all business.
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
4,800,132
4,901,858
As a gent you mut account for all funds entrusted to you, and not commingle or convert clients funds with your own funds.
-
Bob "RealMan" Timm
Minot, ND
4,582,434
I agree with the answer provided by Nina Hollander.
-
Bob "RealMan" Timm
Minot, ND
2,071,025
1,598,452
5,877,475
1,323,469
If you think that balancing your checkbook is important, you already know the answer to your question.
3,349,554
Another Utah real estate school must now be in session. I wish you all the best with your studies.
647,610
accounting is important in any business, and the State is particularly interested and protective of the public when entrusted with the funds of others.