That is a decision for each firm to determine, but there is nothing in the REBNY VOW Agreement, which prohibits an agent from operating a VOW. Any VOW site operated by an agent must still be subject to the broker’s approval, oversight and accountability. Moreover, the brokerage firm will also have to sign a VOW Agreement. Of course, the agent must abide by the same REBNY rules applicable to VOW brokerage firms and AVPs.
Articles in this section
- What is the difference between a VOW and a traditional broker website?
- What is a Virtual Office Website?
- Will the exclusive listings displayed on the VOW site indicate the name of the listing firm?
- What if an agent or broker thinks that a VOW is displaying wrong or false information about their property?
- How can an agent or broker make sure that the VOW is accurately displaying my firm’s exclusive listings?
- Can an agent or broker elect to not have an exclusive listing displayed over the Internet?
- What if a seller does not want their property displayed on the Internet, including VOW sites?
- Are agents allowed to have their own VOW separate from their brokers?
- What is an AVP?
- Will the VOW need to execute a separate agreement with REBNY in order to operate?