CE: Contracts – Net to Seller

This course is worth 1 hour of required Contracts (CON) CE

858-358 Paragraph 6

B.        A broker shall have the following duties and responsibilities only to a party for whom the broker is providing brokerage services in a transaction which are mandatory and may not be abrogated or waived by a broker:

1.         Inform the party in writing when an offer is made that the party will be expected to pay certain costs, brokerage service costs and approximate amount of the costs; and

2.         Keep the party informed regarding the transaction.

Do you need a review on what and how much these expenses are?  Have you been using an app which has provided great conveniences so long you’ve forgotten what the cost actually are? 

During this hour we will cover what cost a Seller incurs, who collects them, and approximately how much they are.  You may continue to use an app but we need to be familiar with the details of the information we present to the client.