Real estate blog entries tagged with home warranty referral fee by Heather Embrey , Your :) Real Estate Source (McEnearney Realtors Northern Virginia 571-236-2616)

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Home : Blogs : Heather Embrey , Your :) Real Estate Source : Heather Embrey , Your :) Real Estate Source's Blog : Tag "home warranty referral fee"

home warranty referral fee: Home Warranty Referral Fee Prohibited by HUD/RESPA - 07/24/10 08:47 AM

I often wondered about this.
"RESPA does not prohibit a real estate broker or agent from referring business to an HWC. Rather, RESPA prohibits a real estate broker or agent from receiving a fee for such a referral, as a referral is not a compensable service."
"The real estate broker or agent has fully disclosed to the consumer the compensable services that will be provided and the compensation arrangement with the HWC, and has made clear that the consumer may purchase a home warranty from other vendors or may choose not to purchase any home warranty."
For the full interpretive rule, … (36 comments)

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Heather Embrey , Your :) Real Estate Source

Falls Church, VA

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McEnearney Realtors Northern Virginia 571-236-2616

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