Real Estate Broker Services is pleased to announce that we have entered into a definitive merger agreement with REeBroker Inc. (DBA: REeBroker Group), a REALTOR brokerage. The merger and your employment change should be completed by 06/15/2020.

This partnership will result in greater efficiency and improve the support we provide to our agents, specifically:

• Ability to join more Association and MLS Boards
• With a paid membership Realtors receive these benefits
• Ability to work with more preferred vendors. This will be beneficial for you and your clients such as in-house loan origination, mentoring, transaction coordination services, escrow, agent website provider, and many others.
• REeBroker is seeking to establish relationships with banks to receive Bank Owned Listings (REO). This may become a valuable source of leads in this uncertain market. I think that we may start seeing increased foreclosure activity in 2021.
• REeBroker is exploring opportunities for our agents to do short sales
• If you have an NMLS license, you will be able to originate loans. If you are not licensed to do loans your clients can still get pre-approved through our loan division.
• You will not need to pay start-up or an annual non-activity fee.

We observed that agents from other companies were hesitant and often resistant when presented with alternative real estate forms from other companies. We know that some of you were buying forms from CAR directly. However, the cost of forms for one transaction is almost the same as purchasing an annual CAR membership. I understand that many of you are hesitant to pay NAR, CAR and local association dues. If you don’t have a listing or an active transaction and you are doing only referrals - you don’t need to become NAR, CAR, and a local association member.

NAR/CAR membership provides the following additional benefits:

• ZipFORM with a possibility to integrate Docusign. This is very relevant in current times where you want to minimize in-person meetings.
• CAR legal hotline
• Commercial Real Estate Contracts and Forms
• You can purchase health insurance
• NAR Offers Members TeleHealthSM to Realtors® at No Cost in Response to COVID-19 Crisis
See more at:
https://www.nar.realtor/realtor-benefits-program?cid=RB1642
https://www.car.org/members/benefits

• Local real estate associations provide training to their members.

We will work with you closely to make the integration process as smooth as possible. If you currently have a transaction in the process, please contact the REeBroker office for assistance.
The process to switch companies is simple and can be done in less than 5 minutes:

1. Apply to DRE for company change.
To complete your employment change, login to DRE eLicensing system and:
Follow the instructions below to move your license to Real Estate eBroker DRE 01522411
• Select "Change Responsible Broker"
• Select "No" for the question: "Is your employer there to certify you?"
• Enter the broker’s email address: info@reebrokerca.com

2. Your login to our website will remain the same. All your personal and transaction information will be preserved.
3. Once you receive an email confirmation from our office that the Broker has certified you. Please log into the website to sign your new Independent Contractor Agreement. It will be a pop up right as you login.
4. To join NAR, CAR, local association - see the list of local AOR memberships here
5. Our office will assist with transferring any listings to Real Estate eBroker, Inc.