Realtor.com Cost Sharing with Real Estate Agents

[cgreene]

Allstate does that and by quote as well. Not sure how that's legal.

 

[agentinsouth]

I'm an Insurance Agent/Broker where do you believe I or the realtor would be in violation of RESPA due to me co-op paying for their advertisement? ---------- http: // files.consumerfinance.gov/f/201503_cfpb_regulation-x-real-estate-settlement-procedures-act.pdf ---------- please read and let me know where you think I or the realtor might be in violation

The rules effective October 1st do discuss money being exchanged for services and marketing agreements.... I would not do it!

 

[cgreene]

This is why you use third parties for cobranding that way there is no question.

 

[agentinsouth]

The rules effective October 1st do discuss money being exchanged for services and marketing agreements.... I would not do it!

Sec 10.24 include insurance hazard and flood.
Also talks about no referrals.

 

[cgreene]

This really hurts Allstate since they pay loan officers 25 dollars a quote.

 

[insurance1822]

RESPA agents patrol this board..