Policy 01
Lennar
First interaction matters
What the public source says
Lennar's published Broker Participation Policy says a cooperating broker must be identified on the prospect's first interaction with a Lennar employee about a home or community. It also says the broker or affiliated sales associate must accompany the prospect on the initial visit or initial self-guided tour for commission eligibility where a commission is offered.
Buyer takeaway
Do not assume an appointment booking or later introduction preserves broker participation. If representation matters, identify the buyer's broker before the first Lennar interaction and confirm the community's current compensation terms.
Scope note: Lennar states that cooperating-broker commissions are not offered in every community and that the policy applies to commission eligibility. Community and transaction terms still need to be verified.
Official source: Lennar Legal — Broker Participation Policy