So the State of Missouri has told our broker that an audit is coming our way within the next 30 days and the admin people of our office are freaking out. Never mind that we have a paper policewoman who won’t let us have our checks until all the boxes are checked and signatures initialed and asses are kissed. (Sorry, this whole thing pisses me off.)
My feelings are this on audits;
- They are good in that the fear of an audit makes brokers hire people to make sure everything is done by the book.
- They are bad in that the auditor comes in and will not leave until they find something, no matter how innocuous or ridiculous, in which they can draw a fine from.
- Missing a check box or not filling in a warranty line is hardly the same as “fraud.” But by God, they will fine you and the broker $150 each if you miss it.
- What they are really looking for, and let’s call this out, are Kansas agents selling Missouri homes and not paying Missouri state taxes.
I try to operate my business with the utmost integrity. I fight for the benefit of my clients. But if I miss a box I’m more likely to be fined than if I help commit the fraud that has been so rampant.
Oh, well. Like the neighborhood merchants who have to pay tribute to the mob it’s just the cost of doing business. I know I’ll be a target because I sell so many properties in Missouri. I’ll let you know how it turns out in a month or so.