10/23/2026
Real estate agents and brokers: Is your affiliated business arrangement RESPA compliant?
Referring clients to a title company in which you have an ownership or financial interest comes with important legal responsibilities.
In this video, Mike Ridgway, CEO of Community Title Network and real estate attorney with nearly 40 years of experience, breaks down three key requirements:
1. Written Disclosure: Clearly disclose your financial interest, provide estimated settlement costs, and inform clients of their right to choose.
2. Consumer Choice: Buyers and sellers cannot be required or pressured to use an affiliated title company.
3. Fair Market Value: Compensation must be for legitimate services performed, not referrals or kickbacks.
With regulators increasing their focus on RESPA compliance, understanding these requirements is essential to protecting your business and your clients.
Watch the video and follow along as we continue our RESPA compliance series, helping real estate professionals navigate affiliated business arrangements with confidence.
https://youtu.be/qVUkr7iwSBY
For educational purposes only. This content does not constitute legal advice.
Are your title company referrals RESPA compliant?Real estate agen...