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#451682 - 03/30/16 07:41 AM
Former realtor employer taking commission
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Junior Member
Registered: 03/30/16
Posts: 1
Loc: California
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Hi everyone so recently decided to sell my house, live in a fairly nice area realtors come around and leave cards and all that fun stuff, talk to one realtor, he is very nice get his card and number by the time i called him he moved to another company, and his former company he work for is taking his commission, Ive never signed any paper work with the company taking his commission and we signed with the other company and his partner is still making her commission, personally i would not like to pay a cent to the people taking his commission for them doing no work but for stealing his money he earned, the company that taking his money even called me and tryed to tell me im with them not the current company im with, i told them, basically to [censored] off in the nicest way possible, explained i basically never heard besides seeing there ads on bus stops and never sighed paperwork with them, and if they want to continue to to badger to me they can talk to my lawyer, and that end them telling me i was with them, So basically want to ask what you guys think about this issue and how i can basically help the only person thats helped me though the process of the sell.
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#451684 - 03/30/16 08:34 AM
Re: Former realtor employer taking commission
[Re: Christopher909`]
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Member
Registered: 02/11/14
Posts: 213
Loc: TX
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I started reading that mess and gave up. Then I glanced through it and discovered the only period is at the end. That is one heck of a run on sentence. Good luck getting advice on here!
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#451685 - 03/30/16 10:16 AM
Re: Former realtor employer taking commission
[Re: Christopher909`]
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Major Contributor
Registered: 04/12/08
Posts: 7831
Loc: Vermont's North-East Kingdom
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If his house sells, Christopher might find himself legally owing a Commission to BOTH Agencies; if he never cancelled the 1st Listing before entering into a 2nd Agreement.
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont Where We're Always Striving To Put Together "THE FAIR DEAL"
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#451707 - 03/31/16 06:48 AM
Re: Former realtor employer taking commission
[Re: Christopher909`]
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Member
Registered: 03/17/16
Posts: 27
Loc: Mountain West, USA
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So, Christopher, questions: How were you selling the house? By owner or did you list with an agency? From what I can read, you have a buyer and are closing now? Who brought you the buyer? You got your own buyer? The agent that helped you brought the buyer? Who is writing or has written the sales contract? What paperwork have you signed? Did you sign a seller's representation agreement? Did you sign a broker's compensation agreement?
We need more info to know who you agreed to pay in the first place, but I'm sure we can help you figure it out.
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#451841 - 04/06/16 06:42 AM
Re: Former realtor employer taking commission
[Re: Christopher909`]
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Member
Registered: 04/04/16
Posts: 18
Loc: Phoenix
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I think an important question to ask (aspiring real estate agent here) is does the realtor that moved to another company get to take his leads with him. If those leads stay with the company (some companies do this) then there's nothing that can be done particularly if this is company policy. If this (the company keeping the leads) is not company policy, you could take it all the way to the real estate commissioner and submit a written complaint. In Arizona, ALL written complaints submitted to the real estate commissioner HAVE to be investigated. How thorough the investigation is carried out is at the discretion of the commissioner. I'm not a real estate agent, but I'm working on my license and I've studied my wife's book.
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#451889 - 04/08/16 03:12 AM
Re: Former realtor employer taking commission
[Re: Christopher909`]
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Veteran Member
Registered: 07/31/08
Posts: 1161
Loc: SW Okla
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Fenix, Boards of Realtors typically have grievance committees and mediation committees to work through buyer/seller complaints with agents and to work with agents complaints with agents. That's usually the best approach to start with. Jumping up and filing a complaint with the real estate commission is usually the last thing anybody wants to do.
A Realtor who runs to the state level before absolutely exhausting all over avenues to settle a beef is likely committing career suicide. Here, that Realtor would not be wanted by any Broker because they couldn't trust him/her and other Realtors would run from showing that Realtor's listings.
_________________________
Remodeling houses & helping tenants get ahead in life since 1983. Licensed Realtor since 2005.
LIMITATIONS: Until You Spread Your Wings, You'll Have No Idea How Far You Can Walk. - despair.com
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#451902 - 04/09/16 12:31 AM
Re: Former realtor employer taking commission
[Re: FENIX]
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Major Contributor
Registered: 10/14/07
Posts: 2257
Loc: Outer Banks
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If this (the company keeping the leads) is not company policy, you could take it all the way to the real estate commissioner and submit a written complaint. . in nc, the real estate commission would not look at this complaint, they only deal with real estate/license law and not with money sqabbles amongst agents.
_________________________
Your Outer Banks real estate agent. Helping people buy and sell OBX real estate since 1989.
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#452061 - 04/20/16 05:32 AM
Re: Former realtor employer taking commission
[Re: Bigtoe]
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Junior Member
Registered: 03/21/16
Posts: 7
Loc: Nebraska
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I've not yet received my license. So someone more familiar could correct me if I'm wrong:
A salesperson is an agent of their broker and not the (broker's) client and any work they do is done for their broker. So that when a salesperson leaves a broker, their work stays with the broker and thus in my freshman opinion, the former broker of your salesperson is entitled to the commission.
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#452091 - 04/21/16 07:07 PM
Re: Former realtor employer taking commission
[Re: Christopher909`]
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Member
Registered: 03/17/16
Posts: 27
Loc: Mountain West, USA
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I think it's hilarious people want to hash this thing out when the OP didn't even clearly establish what kind of paperwork was signed by whom.
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