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[Music] on the monmouth ocean regional realtors listing agreement effective august the 1st 2021 the reader or the user of that agreement is going to find some language that they havent previously seen in fact in paragraph 1 where the biggest change is youre going to find some language around whats called a commencement date so i wanted to take a second to explain that to you because it is a little bit new the idea of the commencement date is to give you a period of time from when you get a wet signature whether its an actual fashion pen or a dot loop or a docHub or some other digital ink signature and the time you start marketing and showing the property that period of time whether its just a couple of days or maybe even 30 days is called a commencement period or a hold period so the new listing agreement gives you three dates an effective date when the listing agreement comes fully into play where all of the criteria and all of the protections are given to you and to the selle
