RESPONSIBILITES SUMMARY
VP of Brokerage Services-Compliance/Retention
- Oversight on transactions
- Board/Professional Standards Involvement (not mandatory, but encouraged)
- Compliance
- Well versed in state license laws, ethics, and compliance
Deal doctoring
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RESPONSIBILITIES BY ROLE EXPANDED
VP of Brokerage Services-Compliance/Retention
- Reviews and signs listing agreements and disclosures
- Authorizes commission adjustments during transactions
- Settles broker disputes
- Representative at arbitration
- New Agent compliance
- Reviews and authorizes form modification
- Ensures compliance for what assistants / team members can & can’t do
- Monitors cases from state regulatory bodies
- Monitors MLS rules changes
- Ensures office compliance with license law / audit
- Addresses agency questions and providing guidance on disclosure requirements
- Upholds minimum commission requirements
- Authorizes listing and deal cancellations
- Addresses MLS violations or inquiries
- Works with operations to ensure record keeping and process compliance
- Signs for liens and other legal instruments to collect on commissions
- Works with legal on any disputes
- Enforces team supervisory requirements
- Provide strategic guidance on how to have commission and fees discussions
- Drives disassociation paperwork
- Presents contents and fields Q & A at office meetings