Broker FAQs
A breakdown of FAQs for questions asked to brokers.
Broker Hours:
Monday to Friday - 8:30 am to 5 pm
Saturday & Sunday - Agents will text for availability and set up time with Broker to discuss.
Last updated: 6/20/2025
Frequently asked questions
Please leave a voicemail or text message for your assigned broker and the broker will return the call/ text by end of day or possibly next business day if after hours.
The acceptance needs to be communicated to the last party involved in the contract. Once the last party (buyer or seller) receives the accepted contract, it will then be “bound”/acknowledged by the agent.
An amendment to the Purchase & Sale Agreement (RF653) can be used for any items that need to be corrected. Amendments are also available for Listing Agreements and Buyer Representation Agreements.
No, the office only accepts checks (personal or cashiers). If client needs to wire money, then it will have to be held at the title company.
First, try to call the listing agent and get information. If unable to acquire, then leave the space blank and use RF 653 Amendment to the Purchase & Sale Agreement once you find out the information.
Yes! Very importantto state all items that are agreed upon with each Counter Offer.
Closing date, time limit of the offer , date the repairs are to be completed ,Date of possession
YES Signed sealed delivered your under contract The acknowledgment date starts the timelines in the contract
NO
NO
No you can not amend a dead contract
Active as long as the kick out is 72 hours or less
Print advertising
Radio Advertising
Television Advertising
Signs (ALL KINDS )
Flyers
Letterhead
Email Signatures
Social Media (Facebook, Twitter, Linkedin etc.)
Video or Audio Recordings (including Podcasting, YouTube, Vines, eat.
There is no time limit (I do not suggest more than two weeks)
You need to do one or the other not both, as it could be presumed that they are being paid by the seller and the listing company
NO
Consult the lender but it is always most likely 0.00
Yes
Realtracs Chase of Status form Signed by the seller, the agent, and the Broker
Terms such as Real Estate, Real Estate Brokerage, Realty, Company, Corporation, LLC, Corp, Inc, and Associates CANNOT be used
Amendment - When you need to change or AMEND something on the contract Addendum - when you need to ADD something to the contract
ADDITIONAL CONTRACT LANGUAGE (Language to be inserted in Offers, Counters, Addenda, Amendments or Special Stipulations)
RF707 – Additional Contract Language can be found with the other TREC documents in Dotloop under Templates , KW and TN Residential Forms
Yes, as both Listing Agreement and Buyers Representation Agreement state :COMPENSATION: BROKER COMPENSATION IS NOT SET BY LAW AND COMPENSATIONRATES ARE FULLY NEGOTIABLE.
No, since you are in a representation agreement with the seller you can show the property to a buyer that is currently underrepresented.
If you were to show this buyer any other properties you would need to discuss the Showing Agreement or Buyer's Representation Agreement before proceeding.
Yes, each transaction needs to have it's own Loop and Opportunity
That is correct. Only the buyers name, box checked unrepresented, and buyers signature is needed
Please submit all advertising on or before Thursday at 4:30 pm for approval for the following weekend.