Lauren Bunting Broker MD & DE

Licensed, nonlicensed broker duties differ

Friday, April 26, 2024, Lauren Bunting

Real estate brokers in Maryland are required to exercise reasonable and adequate supervision over the provision of real estate brokerage services by any other individual acting on behalf of the broker, which includes transaction management coordinators.

There are specific guidelines provided by the Maryland Office of Attorney General, Department of Labor.

An unlicensed employee may do a number of tasks, including, but not limited to:

• Submit listings and changes to an MLS

• Assemble documents for closing; type contract forms at the direction of, and for approval by, licensee and supervising broker; compute commission checks

• Place signs on property; arrange the date and time of inspections, mortgage application, pre-settlement walk-thru, and settlement; act as courier service to deliver documents, pick up keys

• Schedule appointments for licensee to show listed property

• Accompany a licensee to an open house or showing for security purposes or to hand out preprinted materials.

An unlicensed employee may not:

• Prepare promotional materials or ads without the review and approval of licensee and supervising broker; show property; answer any questions on listings, title, financing, closing, etc.

• Discuss or explain a contract, listing, lease, agreement, or other real estate document with anyone outside the brokerage; be paid on the basis of real estate activity, such as a percentage of commission, or any amount based on listings, sales, etc.

• Negotiate or agree to any commission, commission split, management fee, or referral fee on behalf of a licensee

• Discuss the attributes or amenities of a property, under any circumstances, with a prospective purchaser or lessee

• Discuss the terms and conditions of the real property offered for sale or lease with the owner of the property

• Collect, receive, or hold deposit monies, rent, other monies, or anything else of value received from the owner or lessee of the real property or from a prospective purchaser or lessee

• Provide owners of real property or prospective purchasers or lessees with any advice, recommendations, or suggestions as to the sale, purchase, exchange, or lease of real property to be listed or real property presently available for sale or for lease

• Hold himself or herself out in any manner, orally or in writing, as being licensed or affiliated with a particular company or real estate broker as a licensee

• Contact the public concerning the availability of real estate brokerage services unless an inquiry about a specific property is immediately referred to a licensee

Lauren Bunting is a Broker with Keller Williams Realty of Delmarva in Ocean City, Maryland.

Go Back

Thank you so much for all of your hard work. We are so excited to move into the perfect house for us, and couldn't have done it without your guidance.

Megan and Brandon Cater

My friend was right, you are the hardest working realtor, bar none. I honestly don't think that I would have gotten through this house selling process without you.

Brenda Burbage

Lauren made first time homebuying extremely approachable, and took the time to educate me on everything involved in the process.

Amanda Hanke and Keri Swigert

Thank you for all of your hard work and dedication that made this purchase possible. You advocate for your clients and I highly regard you for it. You made it possible for me and my family to achieve our goal of homeownership.

Tom Harutyunyan

Thank you so much for the very wonderful, professional job you did with selling our property. You will always be special to me.

Penny Carley

We want to say a sincere "Thank You" for all you've done for us! We know at times the road seemed never ending. Thank you for always staying positive even through our ups and downs of this process. We appreciate all you do!

Mike and Patty Locke

Lauren's extensive knowledge of the local real estate market proved to be invaluable during the purchase of our first home.

Allison Shockley and Patrick Molloy

Lauren is very easy to work with. She has helped me sell and buy homes in the area and has always been hard working and professional.

Jennifer K. Leggour

Lauren went through tremendous lengths to look out for us every step of the way all the way to the very end. If you are in need of a real estate agent who will treat your transaction as if it were their own and provide you with nothing less than A+ service you will be in good hands with Lauren.

Shireen and Mark Ambush

We were referred to Lauren by a good friend, and we couldn’t have been placed in better hands. Lauren went above and beyond in every way, throughout the entire process.

Liz Young

Lauren Bunting was our realtor when we recently sold two homes- one in Maryland and the other one in Delaware. To say we were very satisfied with all she did for us is an understatement!

Janet and Bruce Lathbury

MLS Disclaimer


Top
Contact Me
Realtor logo   Equal Housing Opportunity logo