Transaction Reporting Requirements
All Associates are reminded of their requirement to report any new transaction within 48 hours of receiving executed documents. Transactions may only be reported at www.updatebroker.com and should only be reported in once.
Documents related to the transactions must be uploaded to the brokerage portal for review within 48 hours of the document being fully executed. Failure to comply with this requirement puts your license at risk and may result in delays to the processing of your file and commission. Egregious violations of the reporting requirement will result in additional brokerage fees being collected from the transaction in accordance with Addendum #1 of the Independent Contractor Agreement.