How should I deliver my real estate documents to the corporate office?
We require you to upload your real estate documents to Form Simplicity and submit it for Broker Review. This will allow our back office staff to efficiently process your documents and provide you with a timely reply.
When do I submit paperwork (i.e. Listing Agreements, Sales Contracts, Lease Agreements, etc)?
All paperwork is to be submitted for review within 72 hours of execution. This time-frame has been implemented in order to remain in compliance with FREC, DBPR, and Local Board/MLS Rules and Regulations. This requirement applies to all agents on all files.
How do I receive payment at the closing table for purchase transactions?
You will need to submit a Disbursement Authorization Form to email@example.com 15 days prior to the closing date and have the form approved by the broker. Our office will send the form by email to the Title Company and Agent(s) involved in the transaction.
Is there a Required Documents Checklist that I can follow?
Does Shoma Realty hold escrow deposits for rentals?
Shoma Realty holds escrow deposits for Rental Transactions only. You must deliver all rental escrow deposits to the office within 1 business day from your receipt along with an Escrow Check Receipt, Rental Recap Sheet, and Contract to Lease.
Does Shoma Realty hold escrow deposits for purchase transactions?
Shoma Realty does not hold escrow deposits for Purchase Contracts. However, you may hold the escrow deposit with our in house Title Company - SRG Title & Escrow (Coming Soon).
Do I need to join any local board of Realtors?
All agents of Shoma Realty Group must maintain a membership with a local board of Realtors.
HOW OFTEN DO I NEED TO RENEW MY LICENSE?
It is your responsibility to keep your license up to date by renewing it every two years. Be sure to pay the renewal fee to the DBPR after you have taken your 14-hour Continuing Education class. There is no need to notify Shoma Realty about your license renewal.
Which Realtor boards do Shoma realty hold membership in?
Shoma Realty Group holds membership in Miami Association of Realtors and Realtors® of the Palm Beaches and Greater Fort Lauderdale. Shoma Realty Group is willing to join any local membership not listed if it's in our market - Just ask.