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Do Not Wire Funds Without Reading the following:
If you receive an e-mail from this office or any party involved with a real estate transaction requesting that you wire or otherwise transfer funds, do NOT do so unless and until you have confirmed the request and any corresponding instructions by telephone with this office. E-mail accounts of attorneys, other professionals and businesses are being targeted by hackers in an attempt to initiate fraudulent wire requests.
LEGAL PRIVILEGE ALERT: Email is covered by the Electronic Communications Privacy Act, 18 USC Section 2510-2521 and is legally privileged. The information contained in this message is confidential, intended solely for the use of the individual or entity named as addressee and is protected by law from discovery. If the reader of this message is not the intended recipient, or the employee or agent responsible for delivering it to the intended recipient, you are hereby notified that any dissemination, forwarding, distribution, copying or unauthorized use of this communication is strictly prohibited. Any unauthorized dissemination, forwarding, distribution, copying or use to any party other than the intended recipient is strictly prohibited. If you have received this communication in error, please notify the sender by telephone at 781-804-1300, or via return Internet e-mail to nhennessey@kellemandkellem.com and expunge this communication without making any copies. Thank you for your cooperation. Nothing in this email is intended to or shall constitute an "electronic signature" unless there is a specific statement included in this email. Thank you.
I know one of our Support Members has reached out to you. However, you can enter the fee directly on the Settlement Statement and it will pull through to Escrow and generated forms.
The issue with Referral Fees is that they are not re-occurring transactions and only on a case-by-case basis.
Let's say a buyer is moving to a new state. They can contact their current trusted real estate agent ("referring agent") in their current hometown and this agent will find them a real estate agent ("new agent") to work with in the new area they are moving to. The new agent will get the sale and work up the transaction but the referring agent will get a % of the commissions for the referral. It is paid from the new agent's commission. In almost all cases, they want the referral fee to be shown on the closing statement.
I will have our Support team reach out to assist you.
Yes you can. If you have for example your Settlement Agency fee on line 1102 for your Company and then have a Broker default on 705, both will show up.
Thank you for your feedback. You can use the HUD/CD Defaults page to have certain fees pull in based on the Real Estate Broker selected or Lender. Would that help?
Hi ��� Not sure this was supposed to come to me
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Do Not Wire Funds Without Reading the following:
If you receive an e-mail from this office or any party involved with a real estate transaction requesting that you wire or otherwise transfer funds, do NOT do so unless and until you have confirmed the request and any corresponding instructions by telephone with this office. E-mail accounts of attorneys, other professionals and businesses are being targeted by hackers in an attempt to initiate fraudulent wire requests.
LEGAL PRIVILEGE ALERT: Email is covered by the Electronic Communications Privacy Act, 18 USC Section 2510-2521 and is legally privileged. The information contained in this message is confidential, intended solely for the use of the individual or entity named as addressee and is protected by law from discovery. If the reader of this message is not the intended recipient, or the employee or agent responsible for delivering it to the intended recipient, you are hereby notified that any dissemination, forwarding, distribution, copying or unauthorized use of this communication is strictly prohibited. Any unauthorized dissemination, forwarding, distribution, copying or use to any party other than the intended recipient is strictly prohibited. If you have received this communication in error, please notify the sender by telephone at 781-804-1300, or via return Internet e-mail to nhennessey@kellemandkellem.com and expunge this communication without making any copies. Thank you for your cooperation. Nothing in this email is intended to or shall constitute an "electronic signature" unless there is a specific statement included in this email. Thank you.
Hello
I know one of our Support Members has reached out to you. However, you can enter the fee directly on the Settlement Statement and it will pull through to Escrow and generated forms.
E-Closing
The issue with Referral Fees is that they are not re-occurring transactions and only on a case-by-case basis.
Let's say a buyer is moving to a new state. They can contact their current trusted real estate agent ("referring agent") in their current hometown and this agent will find them a real estate agent ("new agent") to work with in the new area they are moving to. The new agent will get the sale and work up the transaction but the referring agent will get a % of the commissions for the referral. It is paid from the new agent's commission. In almost all cases, they want the referral fee to be shown on the closing statement.
This is what we need a work up and solution for.
Hello
I will have our Support team reach out to assist you.
Yes you can. If you have for example your Settlement Agency fee on line 1102 for your Company and then have a Broker default on 705, both will show up.
E-Closing
Info on how to set up HUD/CD Defaults by Real Estate Broker, please. I know how to set up by Lender, but didn't know Real Estate Broker was an option.
Also, can you have more than one HUD/CD Default per file? i.e. Company wide defaults combined with Lender defaults, etc.?
Hello
Thank you for your feedback.
You can use the HUD/CD Defaults page to have certain fees pull in based on the Real Estate Broker selected or Lender. Would that help?
E-Closing