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Practice Of Real EstateFair_housingMEDIUM

A Georgia broker discovers that one of their agents has been steering Asian clients only to certain neighborhoods. The broker immediately terminates the agent and reports the violation to GREC. What additional step should the broker take?

Correct Answer

D) Implement fair housing training and monitoring procedures for all agents

Brokers must take proactive steps to prevent future violations, including implementing training and monitoring systems. This demonstrates proper supervision and commitment to fair housing compliance. A is incorrect because brokers must take preventive measures beyond reactive discipline. C doesn't address systemic prevention. D is beyond the broker's authority and doesn't prevent future violations.

Answer Options
A
No additional steps are required since termination and reporting occurred
B
Transfer affected transactions to other agents in different offices
C
Require the terminated agent to pay damages to affected clients
D
Implement fair housing training and monitoring procedures for all agents

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Related Topics & Key Terms

Key Terms:

broker supervisionpreventive measuressteering violations

Related Concepts

Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.

Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.

Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.

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