(3) When the there are not any website subscribers mixed up in transaction, a real house brokerage acting as an exchange representative should over a compensation arrangement is closed because of the representative and you may brand new compensating cluster.
(4) The fresh new broker-in-charges should make sure that relevant licensees prepare yourself every has the benefit of and counteroffers written down, keep them dated and you may signed because of the offerors, and you will punctually present them with the offerees and/or offerees’ associate and make certain one to:
Up on request of the payment, the new agent-in-charge shall give evidence of the fresh new licensee having made that it revelation, including:
(a) changes otherwise changes generated throughout negotiations have creating and you may initialed and you will dated by the both sides in advance of proceeding on the transaction;