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Thru TREC, Real needs to send you an invitation or viceversa and it needs to be accepted, that way you transition from one brokerage to the other without an issue.In HAR you need to have the new broker sign the transfer form and also pay the $20 to HARIf you have any listings and you can transfer them to your new brokerage, you need to fill out the form and have the previous broker, new broker and client's sign the document to transfer the listings.
FAILURE TO REPORT SOLD OR PENDING STATUS $100 Fine Once a contract is signed, the listing should be placed in one of the following pending statuses (PS, OP, or P) within three days of the signed contract, even if there is a contingency or both parties agree to allow the seller to continue showing the property. Properties that have a signed contract but have a contingency or are available to show and take back-up offers should be placed in “PS” (Pending Continuing to Show) status.\nAll sales closed must be entered within three days of the actual closing/funding date. There are no exceptions to this rule, even if a buyer brings a contract with a provision indicating their desire to withhold the closing information. If the MLS is used to market the property, the sale must be reported.\nNote: For violating MLS Rule 2.5 there is no (5) day period to correct the violation and a charge will automatically be assessed upon violation.\n
Communication, reliability, responsiveness. What I appreciate the most about some lenders that I have work with it’s that they take their time to answer and communicate with my clients and I. Some lenders just disappear or keep their job 8-5/9-6 and in our industry we need to be available sometimes beyond office hours. A lender that truly educates their clients it’s invaluable.
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