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As real estate agents, we know all too well about the mounds of disclosures, agreements, forms, and other documents used in our trade. It's not unusual for a real estate deal to involve over a dozen documents, not to mention internal paperwork that a broker may require. But what documents are Louisiana agents required-by law-to keep, and for how long?Athena recognizes that the new rules adopted by the LREC impose substantial additional requirements on agents that will make their jobs more difficult. That's why we developed our Agent Dashboard system that allows agents to upload and track documents for each transaction, submit documents to Athena's management, and even request payment of a commission check by ACH transfer.

As real estate agents, we know all too well about the mounds of disclosures, agreements, forms, and other documents used in our trade. It's not unusual for a real estate deal to involve over a dozen documents, not to mention internal paperwork that a broker may require. But what documents are Louisiana agents required-by law-to keep, and for how long?In 2017, the Louisiana Real Estate Commission ("LREC") substantially expanded the obligation of brokers to maintain transaction-related and other documents for a period of five years. As brokers are now required to institute policies to ensure compliance with these provisions, the law will "trickle down" to agents to require that they maintain sufficient records.These rules were published in the Louisiana Administrative Code (and on the LREC's web site) on May 20, 2017 and apply only going forward. For records kept before publication of the rule, the prior LREC rules would apply to basically require that agents maintain agency disclosure records and any records of compensation.

As real estate agents, we know all too well about the mounds of disclosures, agreements, forms, and other documents used in our trade. It's not unusual for a real estate deal to involve over a dozen documents, not to mention internal paperwork that a broker may require. But what documents are Louisiana agents required-by law-to keep, and for how long?In 2017, the Louisiana Real Estate Commission ("LREC") substantially expanded the obligation of brokers to maintain transaction-related and other documents for a period of five years. As brokers are now required to institute policies to ensure compliance with these provisions, the law will "trickle down" to agents to require that they maintain sufficient records.

Louisiana real estate agents considering a move to another real estate brokerage may find themselves intimidated by the process. With potentially numerous listing agreements in place, deals under contract, ongoing relationships with buyers, and contractual obligations to a current broker, there is certainly a lot to consider. But the logistics of a transfer-and the rules that govern-aren't really as complicated as they may seem. This article will walk Louisiana real estate agents through the process of transferring to a new real estate broker.

Louisiana real estate agents considering a move to another real estate brokerage may find themselves intimidated by the process. With potentially numerous listing agreements in place, deals under contract, ongoing relationships with buyers, and contractual obligations to a current broker, there is certainly a lot to consider. But the logistics of a transfer-and the rules that govern-aren't really as complicated as they may seem. This article will walk Louisiana real estate agents through the process of transferring to a new real estate broker.At Athena, we understand how intimidating a move to a new broker can seem. So we do everything we can to make the transition as smooth and seamless as possible. Run by a pair of corporate attorneys, Athena provides helpful guidance on the paperwork and steps necessary to complete a transfer.

Louisiana real estate agents considering a move to another real estate brokerage may find themselves intimidated by the process. With potentially numerous listing agreements in place, deals under contract, ongoing relationships with buyers, and contractual obligations to a current broker, there is certainly a lot to consider. But the logistics of a transfer-and the rules that govern-aren't really as complicated as they may seem. This article will walk Louisiana real estate agents through the process of transferring to a new real estate broker.At Athena, we understand how intimidating a move to a new broker can seem. So we do everything we can to make the transition as smooth and seamless as possible. Run by a pair of corporate attorneys, Athena provides helpful guidance on the paperwork and steps necessary to complete a transfer.

As a new real estate agent in Louisiana, you have to affiliate with a licensed broker. Although you will report to your broker-and your broker will be responsible for monitoring what you do-the broker is not your "boss." Except in very rare circumstances, Louisiana real estate agents are independent contractors-not employees-of brokers. This means that you have more flexibility in how you run your business and what hours you work. But it also means that you don't get a regular paycheck: real estate agents "eat what they kill" and earn money only when they do deals

Louisiana real estate agents considering a move to another real estate brokerage may find themselves intimidated by the process. With potentially numerous listing agreements in place, deals under contract, ongoing relationships with buyers, and contractual obligations to a current broker, there is certainly a lot to consider. But the logistics of a transfer-and the rules that govern-aren't really as complicated as they may seem. This article will walk Louisiana real estate agents through the process of transferring to a new real estate broker.At Athena, we understand how intimidating a move to a new broker can seem. So we do everything we can to make the transition as smooth and seamless as possible. Run by a pair of corporate attorneys, Athena provides helpful guidance on the paperwork and steps necessary to complete a transfer.

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If you're in real estate, you know our business can be frustrating: long hours, clients with seesawing demands, and deals that take forever to close. And if you're working in a traditional real estate brokerage and make a sale, the lion's share of the commission goes to the broker. Meanwhile, you're paying big fees for marketing that promotes the brokerage, not you.We've been there, done that, and had enough. So we invented a new way to structure a real estate brokerage. We view our agents as our partners. We devote the resources, tools and techinques you need to build a solid client base and make sales.

If you're in real estate, you know our business can be frustrating: long hours, clients with seesawing demands, and deals that take forever to close. And if you're working in a traditional real estate brokerage and make a sale, the lion's share of the commission goes to the broker. Meanwhile, you're paying big fees for marketing that promotes the brokerage, not you.We've been there, done that, and had enough. So we invented a new way to structure a real estate brokerage. We view our agents as our partners. We devote the resources, tools and techinques you need to build a solid client base and make sales.

If you're in real estate, you know our business can be frustrating: long hours, clients with seesawing demands, and deals that take forever to close. And if you're working in a traditional real estate brokerage and make a sale, the lion's share of the commission goes to the broker. Meanwhile, you're paying big fees for marketing that promotes the brokerage, not you.We've been there, done that, and had enough. So we invented a new way to structure a real estate brokerage. We view our agents as our partners. We devote the resources, tools and techinques you need to build a solid client base and make sales.

Learn the ins and outs of agent pay structure, typical real estate broker commission and how to calculate the agents commission percentage.If you're in real estate, you know our business can be frustrating: long hours, clients with seesawing demands, and deals that take forever to close. And if you're working in a traditional real estate brokerage and make a sale, the lion's share of the commission goes to the broker. Meanwhile, you're paying big fees for marketing that promotes the brokerage, not you.We've been there, done that, and had enough. So we invented a new way to structure a real estate brokerage. We view our agents as our partners. We devote the resources, tools and techinques you need to build a solid client base and make sales.

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