In this episode we discuss that when working as a Realtor®, to talk with another Realtor® outside of your organization about your commission structure, is considered to be a violation of the Sherman Act and is an antitrust violation. Each agent is allowed to charge any rate that they see fit for their services based on the agreement they have with their client. After that there is also the possibility of having all different commission splits structures with their broker. Working for a buyer you may have an exclusive buyers agency agreement where you have a contract to be paid all or some of the commission by your buyer. You may also be collecting commissions offered by the listing agent known as cooperating compensation which was used by the sellers to attract a buyer through a buyer’s agent.
What Does Your Profile Say About You? - EP 275 - Real Facts on Real Estate
Three Ways To Add Value As A Buyer's Agent - EP 274 - Real Facts on Real Estate
Do Your Job - EP 273 - Real Facts on Real Estate
Do Online Reviews Matter? - EP 272 - Real Facts on Real Estate
Do You Need to go to College to be a Real Estate Agent in Massachusetts? - EP 271 - Real Facts on Real Estate
Who Really Pays The Commission? - EP 270 - Real Facts on Real Estate
How to Become a Real Estate Agent in Massachusetts - EP 269 - Real Facts on Real Estate
Exclusive Buyer Agency Agreements - EP 268 - Real Facts on Real Estate
Working As A Buyer's Agent - EP 267 - Real Facts on Real Estate
Understanding Home Sale Contingencies - EP 266 - Real Facts on Real Estate
Unlock New Listings With a Suitable Housing Clause - EP 265 - Real Facts on Real Estate
How To Be a Successful Real Estate Agent - EP 264 - Real Facts on Real Estate
Brokering New Construction: Strategies for Agents - EP263 - Real Facts on Real Estate
The Fear Factor: How to Overcome It and Excel as a Realtor® - EP262 - Real Facts on Real Estate
Winning A Bidding War - EP261 - Real Facts on Real Estate
Three Key Reasons for Failure in Real Estate - EP260 - Real Facts on Real Estate
Three Lead Sources That Never Fail - EP259 - Real Facts on Real Estate
Community Connectors in Real Estate - EP258 - Real Facts on Real Estate
Licensing Requirements for Brokering Businesses - EP257 - Real Facts on Real Estate
Setting SMART Goals for Realtors in 2024 - EP256 - Real Facts on Real Estate
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