Privacy Policy - KW Utah Realtors Latino
Updated to Reflect Changes in Buyer Broker Commissions as of August 2024
At KW Utah Realtors Latino, we are committed to protecting the privacy of our clients, employees, and partners. This Privacy Policy outlines how we collect, use, share, and protect personal information in compliance with federal and state regulations. Our practices align with the latest industry standards and legal requirements, including changes to buyer broker commissions as of August 2024.
Information We Collect
As a real estate company, we collect personal information relevant to the real estate transaction process. This includes:
Contact details (name, email address, phone number)
Property details (location, purchase price, sale price, property history, etc.)
Transaction-related information (contract terms, closing dates, etc.)
Service preferences (types of properties, preferred locations, etc.)
Please note, we do not collect income information, credit history, or Social Security numbers as part of our services. Any financial data needed for loan qualification is managed by our mortgage partners, such as Top Level Home Loans, and is only shared with us if expressly authorized by the client.
How We Use the Information
The information we collect is used for:
Assisting in real estate transactions, including buying, selling, or renting properties.
Providing property recommendations tailored to your preferences.
Maintaining and improving our services and effectively communicating with you.
Complying with legal and regulatory requirements, including new rules regarding buyer broker commissions.
As part of the new guidelines on buyer broker commissions, we ensure transparency and clarity for all clients regarding commission structures and potential payment obligations, meeting the latest industry standards.
Sharing Information and Affiliate Business Agreement
To provide a comprehensive real estate experience, KW Utah Realtors Latino has an Affiliate Business Arrangement with Top Level Home Loans, a mortgage company co-owned by our leadership team. Your personal and transaction-related information may be shared between KW Utah Realtors Latino and Top Level Home Loans to provide you with both real estate and mortgage services. However, you are not obligated to use Top Level Home Loans and may opt out at any time by notifying us.
We do not sell or share your personal information with third parties for marketing purposes. However, we may share information with service providers, such as title companies, inspectors, and others, to facilitate your real estate transaction.
How We Protect Your Information
KW Utah Realtors Latino prioritizes the security and confidentiality of your personal information. We implement various security measures, including:
Encryption of sensitive data.
Secure storage of physical and digital documents.
Restricted access to personal information for authorized personnel only.
Regular review and updates of our security practices.
With changes in commission structures, we have updated our internal processes to ensure that your information is securely managed at every stage of the transaction, particularly when sharing commission details with external providers.
Your Rights
As a client, you have the right to:
Access the personal information we hold about you.
Request corrections or updates to your information.
Opt out of receiving communications or sharing information with affiliated partners, such as Top Level Home Loans.
Request the deletion of your personal information, subject to any legal or regulatory requirements to retain certain data.
Under the new commission rules, you now have the right to receive clear disclosures about how buyer broker commissions are structured in your transactions, ensuring greater transparency throughout the process.
Cookies and Online Tracking
Our website uses cookies and similar tracking technologies to enhance user experience and analyze site traffic. You can choose to disable cookies through your browser settings, but this may affect the functionality of our website.
Third-Party Websites
Our website may contain links to third-party websites. KW Utah Realtors Latino is not responsible for the privacy practices or content of these third-party sites. We recommend reviewing the privacy policies of any site you visit.
Changes to Our Privacy Policy
We may update this Privacy Policy periodically to reflect changes in our practices or legal requirements. This version has been updated to reflect changes in buyer broker commissions effective August 2024. Any updates will be posted on our website, and we encourage you to review this policy periodically.
Contact Us
If you have any questions about this Privacy Policy or wish to exercise your rights, please contact us at:
KW Utah Realtors Latino
6009 South Redwood Rd Taylorsville, UT 84123
Contact@latinokw.com
(844) 252-3520