Marketing Agreement Disclosure

Hello all,

"Marketing Agreement Disclosure"

From behind closed doors we have heard that the RESPA police will be stepping up their game in the coming years. The major emphasis will be on the financial relationships between Mortgage Lenders, Real Estate Brokers and Real Estate Agents. However if the RESPA police start sniffing around I am sure this would spread to any and all Marketing Agreements. Having this knowledge along with the knowledge of the pending L&F lawsuit we have consulted with our Lawyers about the situation. They have reviewed all of our agreements, given the thumbs up but have strongly suggested we get a "Marketing Agreement Disclosure" together that will need to be signed by all of our clients. It will take a couple of months to make this happen but I wanted to give everyone a heads up that it is coming. It will need to be a part of your listing agreement, buyer broker agreement, rental leases... Anyone who is a client will need to sign it.

I also highly recommend if you have an agreement with an outside vendor that the agreement needs to be in writing and should be reviewed  by an Attorney.

Don't kill the messenger. 

Enjoy the coffee,

Joe

INSPIRATION FOR TODAY:

 

“So is cheerfulness, or a good temper, the more it is spent, the more remains.”  

 

~ Ralph Waldo Emerson

 

THE POWER OF NEGATIVE THINKING! 

 

"If everything's coming your way, you're in the wrong lane." We've all read or heard similar humorous observations regarding the idea that, when all seems to be going well, it's merely the precursor to some sort of disaster. Unfortunately, many people seem to base their attitudes on that perception and, even more regrettably, they often permit such negativity to influence not only their lives but also the lives of others. 

 

Is it possible you’ve never been guilty of this transgression? When a colleague made a particularly impressive sale, did you ever say something along the lines of "Well, it'll probably take forever to top that one!" or "Too bad you can't do that all the time, huh?" 

 

Ever told someone going on a trip that you've been there before and had a terrible time? Even telling a child who brings home a good report card to "Keep it up!" can lessen the moment, because it implies that the current achievement isn't truly enough or that you fear poor performance in the future. Such statements carry “conditional approval” that demands future accomplishment as well. 

 

One of the keys to harmony, in the workplace or at home, is for everyone to feel good - about themselves and about their accomplishments. The next time you have the opportunity to make a comment, take a moment and carefully consider what you're saying - and how you're saying it. Squash any negativity right then and there. 

 

It's an attitude that’s easy to change once you're aware of it and its effect on those around you. Simply put, view the glass as being half full, not half empty. The power of negative thinking can make an even stronger impression than that of positive thinking, so be careful how you wield that power!