Transaction Fee & Adding the Disclosure Form

Transaction Fee & Adding the Disclosure Form



Charging your client a transaction fee?  This can be disclosed on the Listing Agreement, Purchase Contract or by adding the Transaction Fee Disclosure form (for new construction):

Listing Agreement:

Residential Listing Agreement (represents the seller) – agent can add it to Section 14 – Line 167 under “Additional Terms”

Vacant Land Listing Agreement (represents the seller) – agent can add it to Section 14 – Line 169 under “Additional Terms”

 

Purchase Contract:

AS-IS Purchase Contract – 2 places – (agent represents the buyer) – 1. agent can add the transaction fee to Section 9 – Line 154 in the “Other” box under (b) Costs to be Paid By Buyer or 2. in Section 20 (for AS-IS contract) – Line 591 in the “Additional Terms”.

Standard Purchase Contract – 2 places – (represents the buyer) – 1. agent can add the transaction fee to Section 9 – Line 171 in the “Other” box under (b) Costs to be Paid By Buyer or 2. in Section 20 (for Standard contract) – Line 675 in the “Additional Terms”.

  

Transaction Fee Disclosure Form: 

-Click on ADD DOCUMENT to the right of the folder
 -Select Templates
 -Scroll to the Dalton Wade Custom Forms
 -Check the box next to “Transaction Fee Disclosure-DW”
 -Click “Copy”




-Fill out the form and send to your client(s) for signature.

 Send signed copy to title if the transaction fee is not disclosed on the listing agreement or purchase contract. 

 

For questions or additional assistance please reach out to our Support Team:
Phone:  727-914-9174
Email:  support@daltonwade.com
Hours: Mon. – Fri. – 9am -7pm & Sat. & Sun. – 12pm-5pm







    • Related Articles

    • Commission Rebate-Credit-Waiver Disclosure – Adding to Your Loop

      The legal info: The Florida Real Estate Commission (FREC) Rule 61J2-10.028(2) provides that a licensee may share brokerage compensation with a party to a transaction with full disclosure given to all interested parties. All interested parties include ...

    • Licensee Disclosure of Personal Interest – Adding to Loop

      Licensee Disclosure of Personal Interest – Adding to Loop REALTORS® must disclose their true position to prospective buyers when listing a property that they have any ownership interest in. In presenting offers for themselves, an immediate family ...

    • Transaction Coordinator Dotloop Access

      There are 2 options to add your Transaction Coordinator (TC) to your loop or team as follows: The agent or team member can create the loop & invite the TC to it once it's created. The TC can take over and work the loop from start to finish. The TC ...

    • Non-Occupancy Disclosure - How to Add to Loop

      Dalton Wade offers a minimalist Seller Property Disclosure for sellers who do not wish to fill out a standard Seller Property Disclosure or sellers who never resided in the property (Non-Occupancy). Open your loop: Click on “ADD DOCUMENT” to the ...

    • Adding Signatures & Initials to a Document

      When a document is uploaded to a loop that was not auto-filled through Dotloop and is a PDF, the signature & initial fields need to be added manually. Here are the instructions on how to add signature and/or initial fields as well as send for ...