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REinventing MLS
Are You Ready for Your IDFPR Compliance Audit?
Posted by on August 21, 2013
The Illinois Department of Financial and Professional Regulation is conducting onsite audits to ascertain compliance by Illinois real estate sponsoring brokers to the Illinois Real Estate License Act and Rules and Administrative Rules.
According to Kate Sax, Director of Professional Standards for Mainstreet Organization of REALTORS®, sponsoring brokers will receive a letter from IDFPR in advance of the on-site review of records with a list of items IDFPR will be reviewing during the audit process.
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