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I have a client who wants to lease a house and I sent the listing agent/broker the "agreement between brokers for residential leases" and they refuse to sign until they have a lease, which I feel defeats the enitre purpose. I'm a rookie agent so please let me know if this is a norm. The listing house is on MLS, with the stated 50% commission of 1st months rent, so should I go ahead and send my clients info (application) anyway? Thanks for your adivce!
They "require" the agreement signed but they really don't she told me it would be best to get it signed so that I don't screwed but this broker doesn't seem to want to budge and my clients really want this house.....so that's my problem
They "require" the agreement signed but they really don't she told me it would be best to get it signed so that I don't screwed but this broker doesn't seem to want to budge and my clients really want this house.....so that's my problem
It should be part of your MLS agreement that whatever is offered is paid. I always keep a copy of the MLS full report when we have interest or write an offer so there can be no questions down the road on what is offered.
Can an agent/realtor cross out a section in the TREC broker agreement form? Such as the part if the tenant decides to purchase the property during the lease.
Can an agent/realtor cross out a section in the TREC broker agreement form? Such as the part if the tenant decides to purchase the property during the lease.
If by TREC, you mean Texas - then NO. An agent or Broker is not allowed to modify any portion of the Texas contracts. ONLY an attorney or the principals to the contract can do that.
Can an agent/realtor cross out a section in the TREC broker agreement form? Such as the part if the tenant decides to purchase the property during the lease.
Quote:
Originally Posted by marksmu
If by TREC, you mean Texas - then NO. An agent or Broker is not allowed to modify any portion of the Texas contracts. ONLY an attorney or the principals to the contract can do that.
Obviously, I am not in Texas, but is the broker agreement not between the agent and the client, making the agent a principal?
I know that the managing broker, broker of record, broker in charge, or other title is the end "agent," but with the approval of that end agent, isn't the agent allowed to amend the contract?
I'm not saying it is wise or smart or recommended, but "just sayin'." (Sheesh. I hate that phrase. )
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