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The following is a portion of Senate
Bill 2887 that explains the law:
In Section 15-75 the term "Exclusive
Brokerage Agreement" is defined. All exclusive brokerage agreements
must specify that the sponsoring broker, through one or more
sponsored licensees, must provide at a minimum, the following
services:
1. Accept delivery
of and present to the client all offers and counteroffers to buy,
sell or lease the client's property or the property the client seeks
to purchase or lease;
2. Assist the client in developing,
communicating, negotiating, and presenting offers, counteroffers and
notices that relate to the offers and counteroffers until a lease or
purchase agreement is signed and all contingencies are satisfied or
waived; and
3. Answer the client's questions
relating to the offers, counteroffers, notices and contingencies.
Consumers Choice Realty is in complete
compliance with the above. All
offers submitted by agents must be faxed to our office. Our fax line
automatically converts the faxes to PDF files. Upon receipt of an
offer, we will email the offer to you as a PDF attachment. We will
assist you during the entire negotiation process and be available to
answer any questions you may have. We are available 7 days a week.
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