Common use of Activity Reporting Clause in Contracts

Activity Reporting. Licensee is required to report all his/her real estate activities to the Broker within 48 hours of their occurrence. Real estate activities include listing agreements, newly opened escrows (accepted purchase agreements), ▇▇▇▇▇▇▇ money deposits escrow or closing has handled, cancelled and expired agreements, renewed agreements, referral fee agreements and/or any other business contract or arrangement involving an licensee and his/her client.

Activity Reporting. Licensee is required to report all his/her real estate related activities to the Broker within 48 hours of their occurrenceoccurrence creating a new transaction with Company’s transaction management system. Real estate activities include listing agreements, newly opened escrows (accepted purchase agreements), ▇▇▇▇▇▇▇ money deposits escrow or closing has handleddeposited, closings, cancelled and expired agreements, renewed agreements, referral fee agreements and/or any other business contract or arrangement involving an licensee and his/her client. Will be notified of the proper channels to submit a new file and the agent policy handbook.