We are having a grand time here in Colorado, “cleaning up” our local industry. The plan was to implement a licensing procedure that included an FBI background check and a surety bond requirement for brokers. Supposedly, this was going to wash out the riff-raff. The only problem is that the do-gooder brokers calling for this didn’t realize that the cost of the bond was dependent on the broker’s personal credit score. Guess what? Half the brokers out their have crummy scores. Now they are squealing like stuck pigs because the surety bond companies are screwing them into higher rates than they originally expected. What delightful irony. :p