TRANSACTION COORDINATOR RULES ARE CONFUSING – WE WANT TO HELP YOU KNOW THEM AND STAY COMPLIANT

I’ve  created a Google Drive Folder with a Summary of Utah TC rules and recent communications that I had personally had with the Chair of the Real Estate Commission and the Utah Division of Real Estate. 
https:/shorturl.at/76pCF

Licensed TC’s can only provide services outside of their own Brokerage and have their pay contingent upon settlement if a Co-Brokerage or Co-Listing Agreement is in place.  

There are a variety of reasons that Licensees don’t comply with these rules.  Some don’t know or like them or their broker won’t let them work for others or sign a Co-Broker agreement.  Others know they have to be paid hourly without a Co-Brokerage agreement and that agents won’t hire them unless they only require payment if the file closes.  Regardless of the reason for non-compliance those that don’t follow the rules put their own license and yours at risk for disciplinary action (See Utah Rule 61-2f-401 (3)(b) and (12-16)).  

I would love to be your preferred TC.  As a Principal Broker that focuses on Agent Support Services I can provide excellent service and make the process of working together simple and compliant.