kaser
07-22-2009, 04:34 PM
have been an agent since August of 05. At the beginning of 2006, I began to work in a model home with a builder developer. The builder developer's wife is an agent and became my team leader. About a year and a half ago, the developer's wife opened up her own RE company, and I moved my license.
There have been no problems until this month. We have a transaction together that worked like this. During my day at the model home, she received a phone call from someone interested in one of the houses. She told them to come to the model home to see me. The people came to the house, I showed them property, and then she shows up to answer questions (she is also listing agent and part owner in the construction company). We get the deal signed. The MLS states that there is 2.5 on the buyers agent commission, and 2 on the listing agent. As soon as the people leave, she informs me that "there is not enough money on the house, and that we have to split the commission 1.5 and 1.5.". This has never happened before. I wasn't happy about this, since I feel that I am taking a reduction of reward (commission) when I don't really have a stake in their company.
There have been no problems until this month. We have a transaction together that worked like this. During my day at the model home, she received a phone call from someone interested in one of the houses. She told them to come to the model home to see me. The people came to the house, I showed them property, and then she shows up to answer questions (she is also listing agent and part owner in the construction company). We get the deal signed. The MLS states that there is 2.5 on the buyers agent commission, and 2 on the listing agent. As soon as the people leave, she informs me that "there is not enough money on the house, and that we have to split the commission 1.5 and 1.5.". This has never happened before. I wasn't happy about this, since I feel that I am taking a reduction of reward (commission) when I don't really have a stake in their company.