Check out Recent Caveat REALTOR® Podcasts on EMD and Teams
Earnest Money Deposits
Laura and Jon talk about the risks involved for real estate licenses with regard to confirming that EMDs have been paid into escrow, particularly when it comes to the potential for identity theft. They also answer some questions from the legal hotline regarding how to handle EMDs, both from the listing and buying sides of a transaction.
Real Estate Teams
Erin and Laura talk about what defines a real estate Team and changes to the laws in the most recent General Assembly that will affect these Teams. They also answer some legal hotline questions, such as “What are the advertising regulations for Teams?” and “Can my broker pay my Team directly?”.
Podcasts are available through https://www.virginiarealtors.org/for-members/legal/legal-podcasts/, iTunes and SoundCloud.