ELV!S

Possie, what you're describing could be considered "blackballing" which is patently illegal behavior for a Realtor to be participating in, let alone for her to "tell you out loud".

I would contact her managing broker immediately and complain (calmly, and logically), and if you get nowhere with her managing broker, contact the local real estate board and file an official complaint.

If that gets you nowhere, you may want to file an official complaint with your state's governing board. - Yesterday, 13:48

As long as an agent enters what a buyer's agent, facilitator, or subagent will receive, then that's it.
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As long as that amount doesn't "change" depending on who brings the buyer. If you charge your seller 1% if the buyer is within your office, but charge him 3% if the buyer's agent is an "outside" agent from another office, that gives your office an unfair advantage and "I personally don't feel THAT's fair". - Yesterday, 13:24

Elvis: I'm not sure you are fully accurate in your statement that if there is a differential in split is "has" to be listed as such in the MLS.
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Tina, in our MLS in Northern Illinois (I admit, it may vary MLS to MLS, and region to region), if you're offering a "variable" commission as a co-op fee (ie: 2.5% to outside agencies, but 3% to an inside office... or 2.5% to outside agencies, but if you "dual agent" the deal, you'll cut the seller's fee by 1%) you have to notify any potential agent / agency that they may not be playing on a level playing field. - Thu Jul 3 2008, 12:16

than answer varies brokerage to brokerage. some offer higher splits if someone sells an in house listing.
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If they do, they have to advertise the fact (in the MLS) that they offer a 'preferential discount commission' to in-house deals, which might easily keep other offers from materializing.

If I, as an "outside of the office" Realtor, have a client who might be interested in that property, why would I recommend they bring an offer to that house, when I know that the listing agent can undercut our offer with an in-house agent? - Tue Jul 1 2008, 20:05

The split would be handled the same as if the buyer's agent were in a different office. The co-brokerage amount is advertised in the MLS, and that's what's payable regardless of who sells it.

The percentage of that split would be based on the exclusive marketing agreement with the seller, and the brokerage firm's policies. - Tue Jul 1 2008, 15:14

Nope... 'cause agent A might have 3200 "most liked" answers, because they've got 2 thumbs up on 1600 answers. Each thumbs up equals a "most liked" answer.

so... if you have only one answer, but 10 thumbs up on that answer... it'll count as "10 most liked answers". - Yesterday, 09:36

the most "liked" answers can actually be a larger number than the total number of answers. This confused me originally, too.

they seem to base "liked" answers on the number of "thumbs up" you get. - Yesterday, 07:46

Pocket listings (or exempt listings) that are held close to the vest by a listing office, without putting them in the MLS, while they may be legal in some areas, they are definitely not serving their seller well, by limiting their exposure to the marketplace.

I can't really come up with a scenario, whereby the seller is well-served by having their listing as a pocket-listing. Unless the seller is ill, and is really trying to limit traffic, in my opinion, they are making a mistake by allowing a pocket-listing. - Yesterday, 07:43

There's nothing wrong with a commission driven business ... but the commission is first and foremost and the buyer and seller are in 2nd place -- just be honest about it.
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Certainly there are agents, to whom, the commission is first and foremost. But there are also agents like JR and Chris and Deborah (and me), for whom the client is first and foremost.

The ongoing business and the referral is far more important to me than a measly $250.00 - $300.00 increase in commission due to a $10,000 increase in purchase price. In fact, I take pride in my negotiation skills, and enjoy getting my buyers a better deal than they thought they could achieve. And when I do that, they spread the word, and I get more clients... a much better arrangement for real estate longevity, through the downtimes too.

"being honest about it". - Yesterday, 07:25