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Additional Commission Disclosure Quiz

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EasiestMannerism5835
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7 Questions

What is the purpose of the Mandatory Additional Commission Charge by Keller Williams Platinum Realty?

To cover specific costs related to document review and settlement preparation

Under what circumstances can the Mandatory Additional Commission Charge be reduced?

In the case of bank-owned properties or short sales

What specific activities are coordinated by Keller Williams Platinum Realty office personnel as part of the commission charge?

Settlement preparation activities

How long are documents stored by Keller Williams Platinum Realty as part of the commission charge?

7 years

What is the purpose of providing the HUD or ALTA to customers upon request?

For tax purposes

What does the Mandatory Additional Commission Charge NOT cover?

Transaction commission

In your own words, please give a brief explanation of this document as you would present it to client. (Role Play)

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