Question

What is the first step in developing a broker's company policies and procedures manual...?

AReview the various agency relationships
BReview the advantages and disadvantages of each agency relationship
CReview the size and experience of the broker's office staff
DWrite the company policy manual

Answer 1

The first step in developing a broker's company policies and procedures manual is to review the various agency relationships.

The first step in developing a broker's company policies and procedures manual is to review the various agency relationships.

By reviewing the different agency relationships, the broker can understand the roles and responsibilities of each party involved and establish clear guidelines and protocols.

This step is crucial as it sets the foundation for the policies and procedures that will govern the broker's operations.