A broker having responsibility for real estate trans must initial all e money receipts, time frame?

Asked by Scott, Oregon Tue Jan 22, 2008

addendums thereto, and counter-offers within:

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Dirk Knudsen…, Agent, Hillsboro, OR
Tue Jan 22, 2008
Well that is a good question Scott. The Principal has to initial all documents within 5 Business days of signature of the offer. This does not always happen as the Associate Broker (agent) may keep that offer in the file, neglect to turn it in, or be waiting for a response.

All of these are No-No's. Your question is a good one but it requires more information for me to be able to help. Are there strict time frames? Yes! The penalties can run the gamut!

Good question. Follow up with more setail if you wish.


Dirk Knudsen
Re\Max Hall fo Fame
#1 Rated Re\Max Team in Oregon
Web Reference:  http://www.nwhomecenter.com
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