Agent2Agent in San Antonio>Question Details

sportiea,  in San Antonio, TX

If I have pending transactions with one company and leave, am I entitled to a commission? secret agent Iliinois

Asked by sportiea, San Antonio, TX Thu Apr 25, 2013

Two transactions. I did all the work. The buyer wants me to take them to closing. I feel I earned my split.

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Answers

12
Debra (Debbie) Rose’s answer
Well, you need to read your work agreement/contract to see how this is to be handled - I am sure you signed one when you started with your current company........didn't you??

If not.......well, unfortunately, it's too late now and too bad ............you'll have to work this out with your Broker..

No one here can tell you what your Broker will or won't do in regard to commissons that may be due you.

it's good to get things in writing upfront.

Best wishes......
1 vote Thank Flag Link Thu Apr 25, 2013
Debbie Rose is exactly right. It all depends on the contract between you and your broker. Sometimes they are willing to work with you even if it means going against what you signed, but that is only done on an individual basis.
2 votes Thank Flag Link Thu Apr 25, 2013
Plain and simple. Sit down with your Broker and you will know the answer very quick.
1 vote Thank Flag Link Fri Apr 26, 2013
It really depends on your Broker agreement. Read it over, as in most States, the Broker is the one the client is legally doing business with and is the receiver of all commissions. I highly suggest sitting down with your current Broker to discuss. Most are very fair, but the legalize is on their side. If you owe splits or expenses, they are entitled to those at a minimum. Good Luck
1 vote Thank Flag Link Thu Apr 25, 2013
You will want to refer to the compensation agreement you signed when you started with your current company. In Texas, all spit agreements have to be in writing... if it is the same there... then your current split will apply unless you agreed to something else in writing.
1 vote Thank Flag Link Thu Apr 25, 2013
This would depend on your agreement with your broker. Look over the documents you signed. If you still have questions take the agreement to your local Board and see if someone there would be able to give you an explanation of your agreement. Good Luck. This is something that agents do not think of when they first sign the agreement with the broker. Good question to put out there. Much Success.
1 vote Thank Flag Link Thu Apr 25, 2013
Read the contract you signed with your brokerage and make sure you understand how it works. It has been my experience that most will pay you the commissions you've earned but the split on those may not be what you are currently receiving.
0 votes Thank Flag Link Sat Apr 27, 2013
In Florida, the answer is yes.
0 votes Thank Flag Link Thu Apr 25, 2013
Look over your agreement and most importantly Talk to your Broker about it. If you need additional advice please contact your local board or state board for advice. Best of Luck.
0 votes Thank Flag Link Thu Apr 25, 2013
If you haven't left yet you may want to stick around...
0 votes Thank Flag Link Thu Apr 25, 2013
What does your agreement with your broker say?
0 votes Thank Flag Link Thu Apr 25, 2013
All depends on your state and the laws therein. If your name is on the contract, you should still receive the commission if you were the instigating factor of the deal and the broker still gets their percentage. I have done this myself and had the broker mail me the commission check.

I advise you to contact your State Realtor Association for some 'hands on' advise for your situation.

Very Best regards
0 votes Thank Flag Link Thu Apr 25, 2013
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