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Dishin' Dirt on Moving Customers to Clients (What is a "Substantive Contact" Triggering the Agency Explanation)
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Under SC Code 40-57-370 a real estate agent is required to provide a meaningful explanation of agency at the first practical opportunity when the conversation turns substantive.
The substantive contact factor is the final link to correctly delivering a meaningful explanation of agency. So when does the conversation turn substantive? What does the statute say? And, how does this play into your explanation of agency?
In this episode we continue our review of the statute and learn how and when you must deliver your meaningful explanation of agency. You will learn how to do this…
The skinny
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