CREN Disclaimers

 

Regarding Fair Housing Practices:

We abide by all fair housing laws

  

 

-We will never under any circumstances deny anyone service based on race, color, religion, sex, handicap, familial status, or national origin.  We are happy to serve all customers looking for a real estate agent to help buy and sell real estate.

-We will never under any circumstances deny anyone a membership in our network based on race, color, religion, sex, handicap, familial status, or national origin.  We understand that some language on the website relates to being a Christian real estate agent.  All requirements and/or questions on the membership application or website relating to being a Christian real estate agent or loan officer do not have to be agreed to or answered to be considered for membership in the network.  Persons that are not Christians will not be denied membership based upon religious beliefs.  This is to be in compliance with all Fair Housing Laws including Section 806, relating to membership related brokerage services.

-For more information on Fair Housing, please visit: http://www.hismove.com/equal_housing.htm

 

 

Regarding Referral Fees:

Preferred real estate agents are required to pay a 25% referral fee on all residential referrals, and 20% on all commercial referrals referred by CREN.

Preferred loan officers are not required to pay a referral fee on residential referrals, but may be asked for a 20% referral fee on commercial referrals where available under law.

Possible Referral Fee Conflicts:

 Relocation Companies:  Contrary to popular belief, there are very few relocation companies that require a person to use a real estate agent that they have pre-selected.  Read the contract for more details.  If the customer is allowed to choose a real estate agent, but must pay a referral fee to the relo company, we will work with you and the customer to make sure that you are both happy.  If this means we have to take a cut in our referral fee to save a transaction, we will.  This is handled on a case by case basis, and our desire is to be as flexible as possible.  Please call us immediately if this situation arises

Long Term Referrals: We often get asked about referrals that will not be buying or selling for a period of 1+ years.  Many member want to know if a referral fee is still due in these cases.  Yes, we will still require a referral fee even on the long term transactions.  For these referrals, we will be placing you and the client in a drip incubation period until the client is ready.  There is no set time limit for referral fees to expire.

One Customer, Multiple Transactions:  Many times, a referral we send may end up conducting multiple transactions with the referred agent over a period of time.  In most cases, we only ask for a referral fee on the first transaction, and all subsequent deals after the first year are considered the property of the agent.  One exception would be if the client specifically requested from us to help them sell and buy property in the same area.  In that case, we would ask for a referral fee on both transactions no matter what the time frame is.