Naming Transactions in Transaction Desk
Addicted Realty uses Transaction Desk as our official document storage venue for record retention compliance. This page describes the policy for naming transactions in Transaction Desk. Agents are required to submit all transaction related documents to the brokerage via Transaction Desk within 48 hours of obtaining ANY signatures. Any other items related to the duties an agent provides to a client must also be submitted to the brokerage via Transaction Desk. Remember, NRS and NAC require the brokerage to have a complete file on any transaction including transactions that failed or offers that were rejected. To keep this clean, please create only one (1) transaction in transaction desk for each transaction.
Transaction Naming Format
For organization, transactions in Transaction Desk must be named using the following format.
[Street Name] [House Number] – [Transaction Type] – [Client Last Name]
- Transaction Types
- Purchase
- Listing
- PM or Property Management
- Rental (agent is NOT the property manager)
- Examples
- Jokers Wild 4626 – Listing – Smith
- Boxer 2246 – Rental – Jones
- Little Arrow 9049 – Purchase – Williams
- Watkins #123 516 – Purchase – Franks
Incorrect
In this example, the street numbers are listed BEFORE the street name. The transactions are then ordered by the street number and not the street name, making it very difficult to find the transaction for which one is searching.
Correct
In this example, the house numbers are listed AFTER the street name. By keeping the street name first, it keeps the list of transactions organized alphabetically, making it easy to find the transaction for which one is searching.
Addicted Realty LLC
Revised 2018-03-31