Friday Video Update

In today's Legal Hotline, Annie Fitzsimmons (WR's Legal Hotline Lawyer) addresses a new issue with buyer broker compensation. How is it that a Buyer’s Broker can negotiate compensation to be paid by the Seller if Buyer Broker has a Buyer Agency Agreement with the Buyer, but Buyer Broker cannot negotiate compensation to be paid by the Seller if there is no Buyer Agency Agreement? Annie explains here. Please like, share and subscribe!

In today's Legal Hotline, Annie Fitzsimmons (WR's Legal Hotline Lawyer) addresses a problem she's seen more and more frequently... Brokers hiring other brokers for concierge RE brokerage services. The DOL is discovering these problems through audits and complaints. Many DB's are unaware that their brokers are engaged in these services, and it presents several problems for the DOL, such as property management. Department of Licensing says the same issues of agency apply to property management as they do home sales, as Real Estate license holders are exempt from the loopholes of non licensed entities. Watch today’s Legal Hotline Video as Annie addresses what this means to you and your business.

In today's Legal Hotline, Annie Fitzsimmons (WR's Legal Hotline Lawyer) addresses a problem she's seen more and more frequently... Brokers hiring other brokers for concierge RE brokerage services. The DOL is discovering these problems through audits and complaints. Many DB's are unaware that their brokers are engaged in these services, and it presents several problems for the DOL, such as compensation, agency, records and more. Department of Licensing says there is not a single firm that has been audited that has chosen to continue this practice and become compliant because compliance is so complex. Watch today’s Legal Hotline Video as Annie addresses what this means to you and your business.

WR’s Legal Hotline Series, Perspectives on a Transitioning Market: Part 11, Property Management Perspective Continued! Annie Fitzsimmons (WR's Legal Hotline Lawyer) has returned with Shelly Schmitz (Designated Broker with Keller Williams Premier Partners) and guest Kaitlyn Jackson (Dimension Law Group) to continue the discussion on the state of the current market from the perspective of a property manager. Find all of the perspectives videos on our Perspectives Playlist, and be sure to like, share and follow!

WR’s Legal Hotline Series, Perspectives on a Transitioning Market: Part 10, Property Management Perspective! Annie Fitzsimmons (WR's Legal Hotline Lawyer) has returned with Shelly Schmitz (Designated Broker with Keller Williams Premier Partners) and guest Kaitlyn Jackson (Dimension Law Group) to discuss the state of the current market from the perspective of a property manager, the conversation also includes current eviction law as it relates to selling a property. Find all of the perspectives videos on our Perspectives Playlist, and be sure to like, share and follow!

WR’s Legal Hotline Series, Perspectives on a Transitioning Market, returns with Part 7: The Home Inspector Perspective! Annie Fitzsimmons (WR's Legal Hotline Lawyer) has returned with Shelly Schmitz (Designated Broker with Keller Williams Premier Partners) and guest appraiser Ben Case (Title One) to discuss the state of the current market from the perspective of a title officer. Find all of the perspectives videos on our Perspectives Playlist, and be sure to like, share and follow!

WR’s Legal Hotline Series, Perspectives on a Transitioning Market, returns with Part 7: The Home Inspector Perspective! Annie Fitzsimmons (WR's Legal Hotline Lawyer) has returned with Shelly Schmitz (Designated Broker with Keller Williams Premier Partners) and guest appraiser Brad Issler (Veteran Inspection Pros) to discuss the state of the current market from the perspective of a home inspector and the necessity of a home inspection in property sales. Find all of the perspectives videos on our Perspectives Playlist, and be sure to like, share and follow!

WR’s Legal Hotline Series, Perspectives on a Transitioning Market, returns with Part 7: The Appraiser Perspective Continued! Annie Fitzsimmons (WR's Legal Hotline Lawyer) has returned with Shelly Schmitz (Designated Broker with Keller Williams Premier Partners) and guest appraiser John Rose (Premier Appraisal) to discuss the state of the current market from the perspective of an appraiser and what brokers can do to make their transactions smoother. Find all of the perspectives videos on our Perspectives Playlist, and be sure to like, share and follow!

Our Legal Hotline Series, Perspectives on a Transitioning Market Returns with Part 6, The Appraiser Perspective! Annie Fitzsimmons (WR's Legal Hotline Lawyer) has returned with Shelly Schmitz (Designated Broker with Keller Williams Premier Partners) and guest John Rose (Premier Appraisal) to discuss the state of things in the current market from the perspective of an appraiser. Find all of the perspectives videos on our perspectives playlist, and be sure to like, share and follow!

Our Legal Hotline Series, Perspectives on a Transitioning Market Returns with Part 5, The New Broker Perspective! Annie Fitzsimmons (WR's Legal Hotline Lawyer) has returned with Shelly Schmitz (Designated Broker with Keller Williams Premier Partners) and guest Megan Anderson (Keller Williams Premier Partners) to discuss the state of things in the current market from the perspective of a new broker. Find all of the perspectives videos on our perspectives playlist, and be sure to like, share and follow!

Our Legal Hotline Series, Perspectives on a Transitioning Market Returns with Part 4, The Escrow Perspective! Annie Fitzsimmons (WR's Legal Hotline Lawyer) has returned with returning guest Shelly Schmitz (Designated Broker with Keller Williams Premier Partners) and guest Jen Dempsey (Escrow Officer/LPO Thurston County Title) to discuss the state of things in the current market from the escrow perspective. Find all of the perspectives videos on our perspectives playlist, and be sure to like, share and follow!

Our Legal Hotline Series, Perspectives on a Transitioning Market Returns with Part 3, The Lending Perspective! Annie Fitzsimmons (WR's Legal Hotline Lawyer) has returned with returning guest Shelly Schmitz (Designated Broker with Keller Williams Premier Partners) and guest Jevon Domench (Academy Mortgage Corporation / Domench Team) to discuss the state of things in the current market from a lender's perspective. Don't miss this compelling content. Be sure to like, share and follow!

Annie Fitzsimmons (WR's Legal Hotline Lawyer) returns with guest Shelly Schmitz (Designated Broker with Keller Williams Premier Partners) to discuss the "Perspectives on a Transitioning Market" from a Designated Broker. Listen in as Annie and Shelly go over working with Buyers in the current housing market. Be sure to like, share and follow!

In part four of our Conversations on Buyer Broker Compensation series, Annie Fitzimmons and Davina Clardy, Managing Broker/Owner of John L. Scott Dupont, discuss how to draft the purchase and sale agreement to ensure a payment for the buyer broker. Additionally, they discuss how to use the new forms appropriately and navigate the challenges involved. Tune in to tomorrow's video to continue the conversation and be sure to like, follow and share!

In part four of our Conversations on Buyer Broker Compensation series, Annie Fitzimmons and Davina Clardy, Managing Broker/Owner of John L. Scott Dupont, discuss the last of ten specific factors that it is important to discuss with a buyer, and how important developing relationships with brokers and clients will be going forward.

In part two of our Conversations on Buyer Broker Compensation series, Annie Fitzimmons and Davina Clardy, Managing Broker/Owner of John L. Scott Dupont, discuss the first of ten specific factors that it is important to discuss with a buyer, to articulate the value that a buyer broker brings to the transaction. Tune in to tomorrow's video to continue the conversation and be sure to like, follow and share!

In part one of our Conversations on Buyer Broker Compensation series, Annie Fitzimmons and Davina Clardy, Managing Broker/Owner of John L. Scott Dupont, discuss the new changes to form 41 and what the conversations between buyer brokers and buyers may actually look like going forward. Additionally, Annie and Davina discuss the importance of becoming familiar with the changes prior to October 3rd. Be sure to like, follow and share!

In Part six of our Industry Evolutions series, Annie Fitzimmons and Eric Johnson, Broker/Owner of Coldwell Banker Tomlinson North in Spokane, wrap up the changes to Forms 41 A & B and discuss the application of the new addendum that will be the new compensation agreement, rather than commission agreement. Additionally, Annie and Eric discuss a sub provision that deals with unrepresented buyers and dual agency. Be sure to like, follow and share!

In Part five of our Industry Evolutions series, Annie Fitzimmons and Eric Johnson, Broker/Owner of Coldwell Banker Tomlinson North in Spokane, discuss Form 41 C, an addendum to the purchase and sale agreement that deals with buyer broker compensation. Please watch Part 4 of this series to better understand the changes to Form 41 that are referenced, before you move on to this video. Be sure to like, follow and share!

In Part four of our Industry Evolutions series, Annie Fitzimmons and Eric Johnson, Broker/Owner of Coldwell Banker Tomlinson North in Spokane, discuss statewide forms revisions going live on October 3rd. In this fourth video in the series, Annie and Eric discuss the exclusive buyer agency agreement that will now become Form 41, and replace Form 41 A & B. Also discussed are the conceptual changes in the industry driving the evolution in the buyer/broker agreement.