TRAINING: New Social Media Laws, Disclosure & Negatives of Broker-Owned Escrows (VIDEO)

Now a DRE Licensees must include your DRE number and Name on ALL your social media post and any material you use and ANY NEW CONTACT
- NO warnings- company must pay which means agent will pay
- If you have your name, you must have your company name
- Your DRE# must be visible
No Generic Signs
- All signs must have company name, your name and DRE#
ALL agents/clients must COMPLETE TDS and SPQ
- A disclosure form is for every transaction
Agent needs to get signatures for confirmation of giving the booklets
- ALWAYS give the 4 booklets
“Granny Flats” are now legal
If you are a broker and join United Real Estate Los Angeles, you are now a Broker under United, not under yourself
Broker owned escrows are affecting FIRPTA
- It is not legal for a broker to give out a Qualified Substitute Form for the FIRPTA (QS)
- Always best to ask for an independent Escrow company

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