BloomTree Tools
TRID Changes
The New Contract
RESPA
Paper Free Agent
100
The first place to go whenever you have a question, need marketing approved or commission instructions changed?
What is the help desk?
100
Loan applications after this date will be subject to the new rules..
What is Oct 1 or Oct 3rd
100
Page 9 of the contract will now require this in addition to buyer and seller signature, before opening escrow.
What is the agent license info or brokerage license info
100
The new RESPA enforcer, whose budget is made up of fines associated with RESPA violations?
What is the CFPB?
100
This is where you find forms, policies, logos, info for listing presentations
What is the PFA library?
200
This tool impresses sellers by letting them stay in control of visits and gives them feedback from potential buyers.
What is Showing Desk / Showing Time?
200
The HUD 1 is being replaced with this form
What is the Closing Disclosure?
200
According to the new contract, the LSU must be submitted in how long after contract acceptance?
What is 10 days?
200
If you get free marketing materials, office space or other items of value from a lender or title co, what must you do?
What is disclose in writing to clients and broker
200
These tabs need to be complete before the broker can send commission instructions
What are the parties & agency tab?
300
The place to find dozens of templates for marketing items like postcards and flyers all with pre approved branding
What is xpress docs or the company store on xpress docs
300
It's 3 days prior to close of escrow and the closing disclosures have not been received, what can not happen on time?
What is close escrow?
300
If this seller disclosure applies, it should have page 1 posted on the MLS..
What is the HOA addendum?
300
There are 2 office locations for the CFPB, one in Washington DC and the other is located where?
What is Phoenix, AZ?
300
The green doc icon appears when this happens
What is the file is complete and/or the agent check is ready?
400
This tool enables you to create single property websites and order sign riders and design custom listing presentations...
What is Agent Marketing?
400
It used to be a buyer could be completely pre-qualified and just need to find a property. Now what needs to happen prior to the Loan Estimate being delivered?
What is, the buyer must identify a property
400
How long does the buyer have to provide info to the lender after contract acceptance?
What is 3 days?
400
A title rep serves food at an open house and is present to market the title company. According to RESPA this is what?
What is an allowable or ok?
400
BloomTree policy is that a folder has to be created in PFA and docs upload within 3 days of what?
What is client signature
500
Where is the best place to hang out when you want to to meet potential buyers and sellers?
What is the Welcome Center or Prescott Area Showcase?
500
PAAR's prep class on everything you need to know on Trid Changes is on this date.
What is September 10th or tomorrow?
500
This agreement between listing and seller broker should never be in the contract..
What is commission?
500
The CFPB pays their employee salaries and funds their operations partially by govt budget and partially by what?
What is finding RESPA violations and/or collecting fines?
500
When the property is marked pending in the MLS you should do what in PFA?
What is changing the offer/purchase status to pending?
M
e
n
u