What's New? Reconciling Your Broker Escrow Trust Account
Interesting in finally tackling trust fund handling requirements enforced by the Department of Real Estate? Don't miss this important workshop on October 6th at the Escrow Training Institute, the premier provider of escrow training!
Presented by Summer Goralik, a former Department of Real Estate (DRE) Investigator, this class will examine trust account requirements encompassed under the Real Estate law and enforced by the DRE and will include a step-by-step training on the reconciliation process.
This class will cover the following topics:
Overview of DRE enforced trust account requirements
Understanding the elements of each required trust account record
Difference between a bank reconciliation vs. trust account reconciliation
Ensuring your trust account reconciliation reports are in DRE-compliant format
Step-by-step training in performing a three-way trust account reconciliation
Dissecting your reconciliation report and adopting strategies on how to address issues