"Michael Scott is behind the wheel of a rental car, following the GPS directions without question. As Michael obediently turns right, Dwight frantically yells, It can't mean thatthere's a lake there! But Michael, in full conviction, shouts back, The machine knows where it's going! Moments later, they're submerged in water. Later, Michael delivers one of his most unintentionally profound (and comical) lines: Life and business are about human connections, and computers are about trying to murder you in a lake."
"The Machine: If a shortage was accidental, promptly corrected and fully documented, you typically don't need to report it to the Department of Real Estate (DRE). Under Commissioner's Regulation 2832, brokers must maintain trust fund integrity at all times, but the DRE often allows isolated, cured errors to be handled internally. Recommended steps: Document the cause and cure. Reflect the explanation and correction in the next reconciliation."
Real estate agents at a Las Vegas event were urged to use artificial intelligence only when used responsibly and in compliance with regulations. A popular The Office scene illustrated the danger of blind trust in machines and the necessity of human judgment. An example interaction posed as a California property management broker revealed AI guidance on a $2,000 trust account shortage: isolated, promptly corrected, documented errors often do not require Department of Real Estate reporting; brokers must maintain trust fund integrity and strengthen procedures. Recommended steps included documenting cause and cure, reflecting corrections in reconciliations, and considering reporting for prolonged, unexplained, repeated, or audit-discovered shortages.
Read at www.housingwire.com
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