What is one specified duty of a Broker-in-Charge (BIC) or Property Manager-in-Charge (PMIC)?

The role of a Broker-in-Charge (BIC) or Property Manager-in-Charge (PMIC) includes a specified duty to maintain regular contact with associated licensees. This responsibility is crucial for ensuring that all team members are well-informed about the current operations, policies, and any changes in regulations or procedures. Regular communication fosters a collaborative environment, allowing for effective management of properties and compliance with state laws.

By maintaining this connection, the BIC or PMIC can also provide guidance, support, and training to associated licensees, helping them to enhance their skills and effectiveness as real estate professionals. This oversight is essential for upholding the standards of the brokerage and ensuring a consistent approach to property management.

The other options, while relevant to various aspects of real estate practice, do not specifically outline a primary responsibility that falls under the purview of the BIC or PMIC in the same way that regular contact with associated licensees does.