Which of these is NOT a responsibility of a Designated Broker?

A Designated Broker primarily oversees the operations of a real estate office and ensures that the business complies with relevant laws and regulations. Among their core responsibilities, keeping accurate records of transactions is essential to maintain transparency and accountability in the business. Training new agents is also a critical part of their role, as it helps foster a knowledgeable team that aligns with the company's practices and standards.

Ensuring compliance with state laws is another vital responsibility, as the Designated Broker must ensure that all agents and transactions adhere to the legal requirements of the state. This includes understanding real estate laws, managing disclosures, and maintaining proper licensure for employees.

Managing personal client accounts, however, is typically not a responsibility of the Designated Broker. While they may oversee the general operations and ensure agents are managing their clients appropriately, the individual agents are responsible for managing their client accounts. This division of responsibilities helps ensure that client relationships are maintained directly by agents who are actively involved in those specific transactions.