2 Lessons
<p>Writing transactions, in a way, is similar to processing the transactions in that it's fairly easy to make a mistake that could cost your client money and possibly instigate a lawsuit. The Washinton State Licensing department requires that for your first two years, your transactions must be reviewed by the designated or managing broker within the firm. HOWEVER, I find it odd that the transactions must be reviewed AFTER the transaction has been ratified. By that time, it's too late to catch and change mistakes or other aspects of the offer which could be detrimental to the client and/or broker, managing broker, designated broker, and the company. If possible, where time permits, we prefer to review your transactions PRIOR to them being sent to the cooperating broker.</p>