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#187300 - 12/14/07 01:42 PM Changing Brokerage
zpcsc Offline
Veteran Member

Registered: 08/29/05
Posts: 751
Loc: Florida
I am contemplating switching brokerages due to the splits & desk fees. When you switch do you stay with the same association? I have one listing that will be up in December & they will not relist & a closing next week. After that I am at zero ready to move on. Anything that I should know before going out to interview? This is my first time switching brokerages.

Thanks.

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#187329 - 12/14/07 04:29 PM Re: Changing Brokerage [Re: zpcsc]
Area Pro Realty Offline
Member

Registered: 05/24/06
Posts: 284
Loc: California
technically if you leave the listing stays with the current broker, but you can create a simple form and have him sign off to transfer those listings with you
_________________________
Author of "How to Evaluate Real Estate Franchises" www.EvaluateREFranchise.com
and host of Real Estate Agent Radio
www.RealEstateAgentRadio.com

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#187527 - 12/16/07 12:16 AM Re: Changing Brokerage [Re: Area Pro Realty]
VacationGuy Offline
Member

Registered: 08/23/07
Posts: 389
Loc: SC, US
A lot of the big brokerages will release your listings. I have my liscense at a large company and part of their office policy is if you leave you can take your listings with you.

If the listing or sale is pending when you leave, then ofcourse you leave it and they take their cut. Normally this is spelled out in your office policy manual or independant contractor agreement, you should have recieved and signed when you joined the company.

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#187558 - 12/16/07 08:53 AM Re: Changing Brokerage [Re: VacationGuy]
Bigtoe Offline
Veteran Member

Registered: 10/14/07
Posts: 1291
Loc: Outer Banks
Don't go with the first one that sounds good. Talk to a number of brokers so you have something to compare.
_________________________
Your Outer Banks real estate agent. Helping people buy and sell OBX real estate since 1989.

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#187662 - 12/17/07 01:35 AM Re: Changing Brokerage [Re: Bigtoe]
VacationGuy Offline
Member

Registered: 08/23/07
Posts: 389
Loc: SC, US
i agree with bigtoe

When i decided I wanted to change I talked to all the big companies in my area. Commission splits are not everything. We have a lot of 100% company models in my area right now and a lot of low split, no office fee companies too.

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#187680 - 12/17/07 07:27 AM Re: Changing Brokerage [Re: VacationGuy]
Mike Taylor Offline
Member

Registered: 10/01/07
Posts: 279
Loc: Indianapolis, Indiana
What do you mean by "do you stay with the same association?"

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