>real estate What's funny about this is that if you were to ask a group of brokers (IE: the ones with authority over the business - terminology is inconsistent

>real estate What's funny about this is that if you were to ask a group of brokers (IE: the ones with authority over the business - terminology is inconsistent between states...), they would probably tell you that the state has a great deal of oversight, but I'd agree with you - by and large no one is actually watching them. I was with a group of fellow brokers not long ago and it came as a clear surprise to them that the state would no longer be actually auditing them. The state wouldn't make it official policy, but it was a wink and a smile that they wouldn't. There were gasps around the room and it was really rather an insightful moment. While I am new in this role, it was obvious to me the state wasn't actually auditing anything - and frankly, why should they unless they've had a consumer complaint? But the fact that very experienced brokers were surprised by this was interesting.