See your prior Brokers policy manual BEFORE your license is moved to understand their policies regarding these transactions as they vary greatly.
Pending Sales transactions are the property of your existing brokerage and may proceed to closing after you’ve moved your license and the current broker will pay your commission according to their policies and agreement you had with them.
Pending Listings may be terminated and relisted with Amerivest Realty, if your prior Brokerage allows this. The MLS record may be switched by filing the proper forms with the MLS system. Amerivest Realty can assist you with this process.
NOTE: Amerivest Realty does allow terminating Associates to “take” their listings with them and maintain full rights to all pending sales commissions, see our Policy Manual for details.