JOIN US‌ In assembling 1,000 care packages for local soldiers serving overseas. Drug Emporium 5109 82nd Street 9:00AM-8:00PM
What your smart phone can do for you!
Happy birthday!
Happy KW anniversary!
5/4 Tanya, 5/8 Elizabeth, 5/10 Miranda, 5/16 Toy, 5/20 Julie, 5/21 Melissa, 5/22 Daniel, 5/23 Patrick, Keli, 5/26 Greg, 5/27 Connie H.
Hannah, Bryan, Landon, Carol Ann, Timmie
Chris Pollock We’re so glad you joined the family!!
Top 10 Agents based on Closed Production YTD 1. 2. 3. 4. 5.
Stacey Rogers Vince Wyatt Jean Moss Cindy Williams Rhonda Brown
6. Tara Newton 7. Mary McGuire 8. Elizabeth Arduain 9. Sherry Gosdin 10. Kyle Rawls
Working both sides of a transaction-Part 2 (Continued from April newsletter) Decide whether to make appointments Appointments by the broker are considered a fair and impartial act and provide for a higher level of service. Though appointments are not mandatory, they allow for the associated licensees to supply opinions and advice to each party. If appointments are made, TRELA requires the broker to appoint licensees associated with the broker. The broker may not appoint a licensee from another firm. A broker is also prohibited from appointing the same licensee to both parties in the same transaction. Due to concerns about fairness and impartiality, the broker also may not appoint himself to one party and a licensee to the other party. Appointments should be made before the parties begin to receive opinions and advice. If no appointments are made, the broker can still negotiate the transaction, but he is prohibited from providing opinions and advice to the parties. Additionally, any licensees associated with the broker are also prohibited from providing advice and opinions and from favoring one party over the other. In the event that the broker is a sole proprietor, he may still act as the intermediary. However, he cannot give opinions and advice due to the fact that he cannot make appointments. If appointments are made, the broker must provide written notice to the parties. To give notice, the broker must identify the licensee appointed to each party. The notice requirement may be satisfied by using TAR’s Intermediary Relationship Notice (TAR-1409). TRELA does not require written notice if no appointments are made. Nevertheless, it’s still a good idea to give written notice to the parties, as it reaffirms the parties consent for the broker to act as the intermediary. When does the intermediary relationship arise? The appointments become effective only when the intermediary relationship arises. The intermediary relationship arises when the parties begin to deal with each other in the same transaction. In the example at the beginning of this article, once the buyer becomes
interested in purchasing the property listed with the broker, the broker must carefully follow the steps for an intermediary relationship. First, the broker must obtain written consent. Since he already has a written listing agreement with the seller, he should have the buyer execute TAR’s Residential Buyer/ Tenant Representation Agreement (TAR-1501). If the buyer refuses, the broker should inform the buyer that he can no longer represent the buyer in the same transaction. On the other hand, if the buyer gives written consent, then the broker may proceed with the steps for appointment (unless his policy is not to make appointments). Either way, the broker should provide TAR’s Intermediary Relationship Notice (TAR-1409). If appointments are made, the licensees may provide opinions and advice to their respective parties. Stay away from prohibited acts You could have a beautifully executed alley-oop, but if one of the offensive players pushes a defender during the play, the basket will be disallowed. Breaking the rules associated with an intermediary relationship can result in far worse consequences than taking two points off a scoreboard. The broker and the appointed licensees (if any) are prohibited from engaging in the following conduct: • Disclosing to the buyer or tenant that the seller or landlord will accept a price less than the asking price • Disclosing to the seller or landlord that the buyer or tenant will pay a price greater than the price submitted in a written offer • Disclosing any confidential information or any information a party specifically instructs the broker or appointed licensee in writing not to disclose • Treating a party dishonestly • Violating TRELA
Carrying out the outlined steps is crucial to a slam-dunk intermediary relationship. Failure to satisfy the steps or refrain from the prohibited conduct is a violation of TRELA, punishable by reprimand, suspension or revocation of a license, or by an administrative penalty.
MCA Minute: Don’t forget your statement will be emailed to you! Bills are due to Pam by Wednesday, May 25 @ 5:00pm If you submit your payment after 5:00pm on the 25th be sure to add $25 for the late fee. Your paperwork must be submitted 5 days PRIOR to closing.
Article taken from blog.kw.com.
What an enormous leap forward into the future you have challenged us with, and what an extraordinary opportunity it’s been for all of us. With any new challenge, new leaders emerge, and that has certainly been the case during this transition phase. To those of you who have dug in, downloaded eEdge 101, attended classes, taught classes or even stepped up as your market center’s eEdge ambassadors, thank you! We appreciate your leadership, your energy and your example more than you can imagine. A technological undertaking of this magnitude requires patience – as well as perspective. As he’s done so many times before, Shaun Rawls has risen to the occasion with his characteristic clarity and perspective. Here’s an excerpt of what Shaun wrote a few weeks to members of the Rawls Group in Atlanta, Ga.:
“Being a pioneer is never easy. It’s hard because it’s never been done before and there are plenty of people who like pointing out the cracks in a foundation whose cement hasn’t even had time to dry. Being a pioneer is about cutting down trees to create roads upon which people will one day drive 60 miles per hour, in the comfort of automobiles with air conditioning. The launch of eEdge and the promise of what eEdge is certain to become is a gift of pioneering proportions. And best of all, it’s a gift to me and you, the people of Keller Williams Realty. As with any change, there are those who push back on the change, those who remain neutral and there are those who embrace the vision of the benefits of change and seek first to find them and capitalize on them. For fifty cents a day, you and I will have a complete set of technology tools never before seen in the real estate industry – $15 per month for technology that no one else in the industry has. When completely rolled out, the technology will likely save you as much money in gas as you spend on this product. I’m really proud of this company for having the courage to tackle this initiative for our agents. And I’m really proud of all of you who have looked for, found and embraced the benefits of something incredible and new for your business.” Thank you Shaun! We couldn’t agree more! Yours in embracing the benefits of something incredible and new for your business, Mary Tennant
2.
3. 9:00 Team Meeting
& Office Tour
9:00 Breakthrough Masterminds w/ Doug ($1M-2M producers) 1:00 Get a grip on your 1:30 Greensheet Training finances w/ Rachel 2:30 Zipforms Online w/ Nancy 9.
10.
9:00 Breakthrough Masterminds with Doug ($1M-2M producers) 10:00 Navica Training w/ Nancy
4.
BOLD in Amarillo
11.
BOLD in Amarillo 9:00 Team Meeting & 10:00 Contracts 101 w/ Pam Office Tour 12:00 Connie’s Bible Study 1:00 Team Masterminds w/ Rachel
16.
17.
9:00 Breakthrough Masterminds with Doug ($1M-2M producers)
18.
BOLD in Amarillo 9:00 Team Meeting & Office Tour 1:30 Contracts Class w/ Pam
23.
24.
9:00 Breakthrough Masterminds with Doug ($1M-2M producers) 2:00 36:12:3 Intro
BOLD in Amarillo 9:00 Team Meeting & 12:00 Connie’s Bible Study Office Tour 2:00 36:12:3 Session 2 1:00 Contracts 101 w/ Pam 2:00 36:12:3 Session 1
30.
31.
Office closed for
25.
9:00 Team Meeting & Office Tour 2:00 36:12:3 Session 3
5.
1.
11:00 Productivity Committee 1:00 Culture Committee 2:00 Growth Committee 3:00 Profit Committee
9:00 New Agent Masterminds 10:00 Blowing Up Your Online Marketing-intermediate 11:00 Capper Masterminds 1:30 Wealth Building Fridays
12.
13.
Office closed for
19.
9:00 New Agent Masterminds 10:00 Blowing Up Your Online Marketing-Intermediate 11:00 Capper Masterminds 1:30 Wealth Building Fridays
20.
11:00 ALC Meeting 9:00 New Agent Masterminds 12:30 New Agent Luncheon 10:00 Blowing Up Your Online 1:30 New Agent Orientation Marketing-Intermediate 2:30 Zipform & Contract Training w/ 11:00 Capper Masterminds Nancy 1:30 Wealth Building Fridays
26.
27.
10:00 Contracts Class w/ Pam 1:30 Jumpstart Your Online Marketing (for beginners) 2:30 eAgentC Website Training w/ Kyle
9:00 New Agent Masterminds 10:00 Blowing Up Your Online Marketing-Intermediate 11:00 Capper Masterminds 1:30 Wealth Building Fridays
We want to hear from YOU! Let us know what classes you would like to see on the calendar!
For more on how Or go
to implement
these ideas, use this QR code.
Recent pictures of Megan’s nephews, Kayal and Gavin! Shawna’s daughter Linzee going to prom!
Elizabeth’s great niece, Sophia, and her little “boyfriend” at his 4th birthday party.. So cute!!
Kyle singing at our Easter Luncheon. You did an awesome job!!
FIRST TIME HOME BUYERS WORKSHOP- APRIL 16TH
The agents and vendors that made this day a success!