Realtor wants compensation guarantee
Letters to the Editor
By Glenn Roberts Jr., Tuesday, April 29, 2008.Bookmarking Sites
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Re: 'Industry reacts to short-sale rule changes' (April 28)
Dear Editor:
I agree that the MLS systems NEED to adopt a ruling that all listings placed in the MLS have a guaranteed compensation percentage.
If there is no guarantee of payment, why would any Realtor show the property?
We do want what is best for our clients, but not if we are working for free.
Susan Vaughn
Realtor
Prudential Tropical Realty
Clearwater, Fla.
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Submitted by Matthew Dollinger on April 29, 2008 - 2:09pm.
"If there is no guarantee of payment, why would any Realtor show the property?"
I think that directly goes against your code of ethics, or at least what your tell your client your job is. To answer your question, you would show the property because it fit the criteria of which your client is searching.
How does this differ from you showing a client a FSBO? Couldn't you ask your client to pay the commission if there wasn't one being offered out? I'm sorry, and I'm not picking on you, but this puts a bad taste in my mouth right along the lines of a listing agent offering out incentives to the agent, rather than the client.
Matthew Dollinger
Performance Coach
@properties, Chicago IL