DiscoverRealtor Preeti RaoThe FINAL Updates In TRESA - Real Estate Rule Changed 2024
The FINAL Updates In TRESA - Real Estate Rule Changed 2024

The FINAL Updates In TRESA - Real Estate Rule Changed 2024

Update: 2024-02-14
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Navigating the intricacies of the latest changes and dive into the world of self-representation

I'm Preeti Rao, a real estate and mortgage broker with almost two decades of experience, and today, we're delving into a crucial topic - the final change in Tresa Phase Two and the concept of self-representation in real estate.

As you've seen in my recent videos, Tresa Phase Two has brought significant changes to the real estate landscape. Today, we'll focus on the last change, emphasizing detailed disclosures in the written agreement.

In the realm of Tresa, you're either a client or self-represented (SRP). I'll guide you through the nuances and exceptions where SRPs can interact with realtors without establishing an implied agreement.

Ever wondered about the complexities when a realtor provides assistance to an SRP? We'll unravel the tricky situations and the mandatory RICO information guide that defines everyone's roles.

I hope you find this video helpful and love it. Please feel free to drop your questions in the comment section below. I will be more than happy to answer them all.
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Chapters:
00:00 - Introduction
00:45- Final update in Tresa
02:19- Evolution of the term 'customer service representation'
02:39- SRP’S
03:48- Main Job
04:19- Ricoh’s guide
05:00- Real Estate- A people’s industry
05:27- Conclusion"
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The FINAL Updates In TRESA - Real Estate Rule Changed 2024

The FINAL Updates In TRESA - Real Estate Rule Changed 2024

Preeti Rao