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Listen "Ep. 405 - The (Beginning Of The) End Of Co-Brokering"
Episode Synopsis
The FCNB (the NB Regulator) has issued notice re Co-Brokering. The bottom line is this; in a co-broker situation, only the “licensed” agent can interact with the clients & lender. A simple referral of name and contact info… NO application taken. The silver lining?The NB licensed broker can choose to pay a referral fee. But the original agent is no longer involved in the file at all.
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