Every brokerage has the right to define their own culture and values. Some prefer to help as many buyers and sellers as possible, while others take a more boutique approach to focus on clients with specific needs. There is no right or wrong, and it’s one of the reasons why choosing the right Realtor could literally be the difference between an incredible transaction or a terrible experience.
All brokerages also have the right to hold binder deposits for their agents’ clients. They do not have to, but doing so has some major benefits. Recently, Round Table Realty broker Howard Flaschen shared a story about holding a binder that literally changed the lives of two RTR clients.
What is a binder?
A Real Estate binder or escrow binder is any…