What Happens When A Broker License Expires?


The Utah Real Estate Commission met in November to discuss some interesting ethical situations. There has been an incident where a real estate broker's license expired, and therefore all of his agents' licenses also expired. Mark Fagergren, the Director of Licensing and Education expressed that this is not an uncommon occurrence, and they are already putting new measures into place to ensure that brokers and agents are aware of their license expiration up to 45 days in advance. Usually the broker license is quickly renewed thereafter. What makes this situation unusual is that the agents were not aware of the broker's [...]