The Principals

← The Principals22 sep · 1 u 42 min

Ep. 135 - The Manual, Sped Up: Blue Realty Policies & Procedures

Ep. 135 - The Manual, Sped Up: Blue Realty Policies & Procedures22 sep1 u 42 min

Blue Realty just rolled out new policies and procedures. If you'd rather not read the manual, this episode is for you. Ashley Baillio and Lauren McDermott break the whole thing down, with tangents, real stories, and a few strong opinions. Turn it up to 1.5x (or 1.7x, if you can keep up).This episode is made for Blue agents and covers the two big sections of the book.Section 1: Operating within the scope of your license

Why "basically, do the right thing" is the code of ethics in a nutshell, and what Chapter 475 requires

The unauthorized practice of law: where filling in blanks ends and interpreting a contract begins

Why you always start from a fresh contract in app files, and how to label and file agreements

Transaction broker vs. single agent, what each one owes your client, and how dual agency and transitioning between roles work in Florida

Material disclosure: actual knowledge, latent vs. patent defects, and why your seller should be "the source of the source"

A real story about an inspector who admitted to sandbagging a roof

Section 2: Operations, structure, and standards

The legal hotline: when it helps and when it doesn't, and why a trusted real estate attorney on your team matters

How splits, dues, transaction fees, rentals, referrals, and no-commission sales work, and how the compliance fee and dues policy affect you

Why you should negotiate, and how commissions get paid (no advances, no promissory notes)

Office life: conference rooms, parking, printing, and the code of conduct