In order to maintain compliance with Regulation X Sec. 3500.14, we are required to share the nominal expense of using the single property website for the intention of online marketing of homes. This onlines service is recognized as a "thing of value" and therefore requires the sharing of fees.
Harold Spurr of Spurr Mortgage is hosting the domain, MarketingOklahomaProperties.com, and requires the nominal payment of $7.49 per year for the use of this co-branding tool. This single payment includes all single property websites and listings owned by the realtor.