After you have applied and before your license is transferred, you may want to commence preparations for the transfer of your listings which can occur only after your license is transferred.
Preparations
- You can pre-load your listings in Matrix but leave the agent name blank. You will fill this in when you are ready to go live after your license is transferred so that eXp shows up as your brokerage on the listing.
- Prepare your termination forms. The effective time and date should be the day of your license transfer at 10 AM.
- Prepare your new listing contracts. The start date should be the day of your license transfer and the time can be noon. *YOU CANNOT HAVE THE CONTRACTS SIGNED IN ADVANCE UNTIL YOU ARE LICENSED WITH EXP. THIS IS SUBJECT TO A FINE BY YOUR LOCAL BOARD. Consequently, you should not be having the termination forms signed without the new listing contract as you risk losing your listing!
Actual Transfer
On the day your license is transferred, your listings will need to be terminated and re-listed.
- Send the termination forms to your clients for signing first thing in the morning! This way, you will have the paperwork ready asap. Remember, have them sign the termination form at the same time as your listing contract.
- Send your termination forms to your previous brokerage so they can terminate the listing.
- You can now enter your name in the Agent Name field in Matrix. Double-check that eXp shows up as your brokerage on the listing. If not, contact your local board.
- Once your listing is terminated, make your new listing live!
A listing transfer service is available to Realtors in certain markets (currently Calgary and Area as well as Vancouver)! Our staff can handle the complete transfer of your listing(s). The cost is $150 CDN (plus GST) per listing and includes the following:
- Prepare termination forms & new listing contracts
- Obtain electronic signatures on termination forms & new listings contracts
- Full listing upload to SkySlope
- Complete listing input into Matrix including photos and supplements
- ShowingTime listing set up (if applicable)