星空体育app下载

It鈥檚 a new year and our records show听a lot of听sales agents change brokers听during听this time.听听星空体育app下载听wants you to know the rules that apply in this situation.听听听

Rule听搂535.121(b) and (c)听states that听if a听sales agent听intends听to terminate听sponsorship they must听notify their sponsoring broker听immediately in writing.听If a broker intends to terminate sponsorship they听must notify their sponsored sales agent immediately in writing.听听Before听this step occurs,听a听sales agent听may want to review听their听sponsoring听broker's听termination/change听of sponsorship procedures and to be aware听that terminating the relationship听could听impact听their听representation in ongoing听transactions.听听

Brokers听may need to consider the requirements of their听Errors and Omissions (E&O) insurance听coverage听or other security concerns听regarding access to internal听computer听systems.听听

By rule,听a听broker听or听a听sales agent听must also immediately terminate听the sponsorship听through one of two ways: either or by submitting听the 补辫辫谤辞辫谤颈补迟别听蹿辞谤尘.听To听ensure the quickest听transition,听license holders can use the free "Manage My Sponsorship" tool within 星空体育app下载's online services听after notifying the sponsored sales agent or sponsoring broker in writing听of the termination. Keep听in mind that when a sales agent terminates sponsorship and associates听with a new broker听online, the former broker is not automatically notified听by 星空体育app下载听of the termination. The sales agent must听communicate听the termination听with their sponsoring broker听directly听in听writing听as stated in 星空体育app下载鈥檚 rules.听听

While听it听can be听difficult to part ways,听effective听planning听and open communication can avoid听a violation of 星空体育app下载 rules or other听issues听during听a听transition.听听

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