Client Signatures on Contracts: Make sure to
compare the client signatures on all the documents you receive from your
clients. If there are any discrepancies, GET THEM RESOLVED IMMEDIATELY!!!!!!
Additionally, DO NOT SIGN CONTRACTS ON BEHALF OF YOUR CLIENTS!!!! Forgery is a
crime and you will lose your license as well. We had an issue this week where a
clients' signatures on a T&R were very obviously different from the Sellers'
signatures on the contract. The question was WHO signed the T&R ... did the
agent sign it because the Sellers were inaccessible or did one spouse sign for
the other?
Documentation of Your Correspondence: Make sure to document your correspondence with your clients and with
your co-op agents. Many times these emails & fax confirmations are the ONLY
proof we have to resolve a potentially volatile situation. In the above
signature issue, the agent was able to provide email & fax proof that she
sent and received the T&R to the Sellers and received the different
signatures back relieving her of any potential forgery charges that the other
brokerage wanted to raise with GREC.
