Topic · 12 items
Paperwork & file compliance
What goes in the file, broker review, forms, record retention
- GuideSettlement & CommissionsWhen and how commissions are paid out Commissions are paid within 24–48 hours after AARE receives the funds via wire from the settlement/escrow company and your file has
- 6.1GeneralYour files are **a record of every event** relative to your dealings with your client on a listing or sale transaction. **You must retain and upload to Skyslope copies of
- 6.2Designated Broker, Manager or Designee Review**You must promptly upload into Skyslope all signed documents to the Designated Broker, Manager or his/her designee (the “Reviewer”) after receipt by you.** Your Manager
- 6.3Get It in WritingAs a general rule, all agreements must be in writing. In fact, if you DO NOT have a written agreement with the principal, you may not receive your commission. **If you di
- 6.4Online Document Storage (Google Drive) & Custom @AARE.ORG Email AddressEvery Associate has the opportunity to have a Company email address for an annual fee of \$72, subject to change by Google at any time. It is prorated when assigned at \$
- 6.5Paperwork Procedures Nationwide & State SpecificBelow are the methods and procedures to conduct real estate transactions in regards to paperwork in real estate transactions. You need to read through this section in its
- 6.6Paperwork Procedures for Residential and Commercial Purchase TransactionsAssociates must provide and perform the following actions to complete a purchase file: 1\. Once any agency relationship is established, casual or formal, a communication
- 6.7Paperwork Procedure for Residential and Commercial Listing TransactionsAssociates must provide and perform the following actions to complete a listing file: 1\. Upon scheduling a listing appointment, email your TC the following so they can p
- 6.8Paperwork Procedure for Residential and Commercial Lease/Property Management TransactionsAssociates must provide and perform the following actions to complete a lease file: 1\. Once any agency relationship is established, casual or formal, a communication and
- 6.9Do Not Use Outdated FormsAlways use current forms. Keep your on-line forms database (such as Zip Forms, Transaction Desk, Lone Wolf or similar type of software) up to date with the most current f
- 6.10Document Destruction & Shredding – Pricing & LocationsIt is Company policy for Associates and employees to shred documents with confidential client’s information after scanning the hardcopy into a digital file for record kee
- 6.11The Listing/Management Commission Agreement**State real estate laws require that a compensation agreement be in writing and signed by the party to be charged in order to be enforceable.** If you represent a buyer
