Reconciling a real estate account is like "balancing your checkbook": the broker compares the bank statement with the account ledger each month to make sure they match.


These are questions that the above text answers:

1. What is the purpose of reconciling a real estate account?
2. How often should a broker reconcile a real estate account?
3. What does the broker compare when reconciling a real estate account?
4. What is the role of the bank statement in the reconciliation process?
5. What is the role of the account ledger in the reconciliation process?
6. Why is it important for the bank statement and account ledger to match?
7. What is the recommended frequency for reconciling a real estate account?
8. What is the purpose of balancing a checkbook?
9. How does reconciling a real estate account compare to balancing a checkbook?