Escrows and Protecting Other Peoples Money – ZOOM

Escrow’s and Protecting Other People’s Money!

Wednesday, July 10th, 2023| 9:00AM-12:00PM

 

Free to PWAR Members | $30 Guest
Credits: CE – None | PL – Escrow

Description

When handling the funds entrusted to you by others, you are constantly faced with decisions that will either increase or decrease your exposure to risk. With that being said, the proper handling of escrow funds is not only a fiduciary duty of real estate licensees, but it’s also the law, and it’s one of the 12 basic duties expected of all Virginia real estate licensees. Handling escrow funds must be done with the utmost care and integrity.

Course Highlights

  • Current processes and requirements involved in managing and accounting for escrow funds
  • The requirements involved in handling escrow accounts
  • How escrow funds work in the course of a real estate transaction
  • An overview of Virginia laws and regulations that apply to the handling of escrow funds
  • Best practices to avoid commingling funds and to avoid overages or shortages in escrow accounts
  • The differences between a deed of trust and a mortgage
Tara Houston

Tara Houston

Instructor

Meet your instructor, Tara Furges Houston! Tara is the Founder and CEO of Houston Consulting Group & Associates, LLC, a consulting practice with a mission of helping others build their legacies. She practices real estate with EXP Realty as a global real estate advisor (Former State Managing Broker) in DC and MD and (Former Compliance Broker) in VA. Alongside her husband, Michael, she serves as a leader and ambassador for the brokerage. Tara and Michael train, mentor, and coach their personal agent group (Legacy Builders Global of eXp Realty), consisting of over 220 REALTORS (spanning nine different states) to build successful real estate businesses. 

The 2019 President of Women’s Council NOVA Metro, Tara has co-authored two books – The Confident Woman (chapter titled “Eagles Don’t Need Parachutes”) and Overcoming the Good Little Girl Syndrome (chapter titled “Saying No without Guilt”).  Before becoming a full-time entrepreneur, Tara served as an educator for over 21 years in teacher, Principal, and college professor roles.  She has documented success in using creative teaching methods to ensure participants leave her classes and workshops energized and empowered with knowledge. Tara teaches Broker and Salesperson Pre-licensing and CE courses for DC, MD, and VA. A life-long learner, she has the At Home with Diversity (AHWD), Certified Luxury Home Marketing Specialist (CLHMS), Certified International Property Specialist (CIPS), and Professional Management Network (PMN) designations. 

Event Information

  Zoom, United States
}  July 10, 2024
  Wednesday, 09:00 am to 12:00 pm
  7035650033
n  Professional Development
    Free to PWAR Members | $30 Guest

Event Organizer

   PWAR's Professional Development Small Group

Event Location