How much personal or brokerage funds can a broker place in a sales escrow account?

A broker may place personal or brokerage funds in a sales escrow account up to a specific limit, which is set to ensure that the funds intended for the benefit of clients are safeguarded. The correct limit is $1,000, which allows brokers to manage minor expenses or necessary fees related to the escrow account without compromising the integrity of client funds. This regulation helps maintain transparency and accountability in handling funds during real estate transactions. The limit is designed to keep the broker's use of funds in check while ensuring that the primary purpose of the escrow account—protecting the interests of buyers and sellers—is upheld.