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Sothy, Other/Just Looking in San Diego, CA

What is the implied agent mean in state CA?

Asked by Sothy, San Diego, CA Fri Feb 6, 2009

I live in California and purchased properties out of state which was presented by a licensed real estate agent here in California who told me that she does not have a license in that state but she is working with the seller agent there in NV. She told me that she is entitled to buying commision split through the listing broker. She told me that she was my buyer agent but not on P&S contracts because she is not licensed in NV.

When I signed the Purchase and Sale contract her name was not in the contract, but she told me she is the co-up agent who work with the seller agent.

Who is she as she represented to me to this Purchase and Sale contract? Is she my implied agent in the state of California who representing me from CA since both my real estate agent and myself resided in this CA?

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Answers

2
Yes it appears she has referred you to another broker that is out of state. In return for this referral the out of state broker is compensating your CA agent by paying her a referral fee ( a portion of the commission earned on the transaction). The broker in the other state is th eone who is handling your transaction because they are licensed in that state to do so.

Hope this helps.
0 votes Thank Flag Link Sat Jan 23, 2010
Based on what you are describing, it sounds like she was just a referring agent who may be due a referral fee from the out of state brokerage. (She may be using the wrong verbage in explaining it to you).

Marcie Sands
REALTOR
Simply The Best Real Estate Company, Inc.
760-644-1562
0 votes Thank Flag Link Fri Feb 6, 2009
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