Who can sign as broker on HUD contract docs?
Janet Braden
"The contract documents always should be signed by the broker on the
NAID. However, if the broker will not be available that can authorize
someone else to sign for them. The authorization letter is like a
limited power of attorney. It should define time and scope. A copy of
that letter will always need to accompany the contract so we can
verify the signatures."
Contact me if you have any questions!!
Scott Davis
Thank you,
Scott Davis
Metro Realtors, Inc.
479-527-1004 Cell
479-521-1300 Office
479-521-1305 Fax
scottdav...@gmail.com
Visit our web site at:
www.metrorealtorsinc.com or
http://nwaonthemove.nwa.mlxchange.com
Janet Braden
No. I wasn’t provided with one. It sounds to me like you can prepare a simple statement… “Scott Davis is authorized to review all HUD documents and sign as the broker for (NAID registered office name) on my behalf for any and all contracts submitted this date to this date”. Signed NAID registered broker and Scott Davis. She mentions that it has to accompany any offers so that signatures can be compared so I would make sure both you and your NAID broker have signed the statement.
If I find out otherwise I will let you know. I think HUD’s definition of broker is different than our definition of broker which has caused the confusion.
Janet Braden
Principal Broker
RE/MAX associates, REALTORS
2011 President Arkansas Regional MLS
2010 Metro Area BOR REALTOR of the Year
4285 N. Shiloh,
Ste. 205
Fayetteville, AR 72703
479-684-5755 (fax)
479-841-5608 (cell)
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Scott Davis
Thanks Janet have good weekend.
Scott Davis
Selling NW Arkansas one yard at a time.
> No. I wasn't provided with one. It sounds to me like you can prepare a simple statement... "Scott Davis is authorized to review all HUD documents and sign as the broker for (NAID registered office name) on my behalf for any and all contracts submitted this date to this date". Signed NAID registered broker and Scott Davis. She mentions that it has to accompany any offers so that signatures can be compared so I would make sure both you and your NAID broker have signed the statement.
>
> If I find out otherwise I will let you know. I think HUD's definition of broker is different than our definition of broker which has caused the confusion.
>
> Janet Braden
> Principal Broker
> RE/MAX associates, REALTORS
> 2011 President Arkansas Regional MLS
>
> 2010 Metro Area BOR REALTOR of the Year
>
> [cid:image0...@01CC003F.92EA73C0]4285 N. Shiloh, Ste. 205
> Fayetteville, AR 72703
> 479-684-5757
> 479-684-5755 (fax)
> 479-841-5608 (cell)
>
> To save Janet Braden's contact information to your phone, please scan the EZcode above. If you don't have the ScanLife application,
>
> Where Do You Want to Be?
>
> http://www.youtube.com/watch?v=EJaRIFkXQMs
>
> P Please consider the environment before printing this email.<http://www.joinremax.com>
>
> ________________________________
> From: hud...@googlegroups.com [mailto:hud...@googlegroups.com] On Behalf Of Scott Davis
> Sent: Thursday, April 21, 2011 4:01 PM
> To: hud...@googlegroups.com
> Subject: Re: Who can sign as broker on HUD contract docs?
>
> Janet do you have a POA form for us to use?
> Scott
> I asked this question of HomeTelos and this is the response I got....
>
> "The contract documents always should be signed by the broker on the
> NAID. However, if the broker will not be available that can authorize
> someone else to sign for them. The authorization letter is like a
> limited power of attorney. It should define time and scope. A copy of
> that letter will always need to accompany the contract so we can
> verify the signatures."
>
> Contact me if you have any questions!!
>
>
>
>
>
> --
>
> Thank you,
>
> Scott Davis
> Selling NW Arkansas One Yard at a Time
> Metro Realtors, Inc.
> 479-527-1004 Cell
> 479-521-1300 Office
> 479-521-1305 Fax
> Visit our web site at: