Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

Account Closed
0
Votes |
1
Posts

Broker Changed Commission Split / Won't pay on current agreement

Account Closed
Posted

Hello, I just wanted to get some insight on an issue I had recently in regard to my commission split.  I had closed many transactions in the past several years and my commission was split correctly, up until I had my highest sale / transaction ever, this past November where I was the dual agent on a $1,305,000 transaction. My broker, without advising me first, split my commission completely differently on this particular transaction than he had on any other transactions prior, resulting in a loss of $6700 on my end. I come from a market in PA where the average sales price is $200,000, so this was a HUGE deal for me. I had gone back and forth with him several times in discussions, and he basically said he didn't care that he split my commission completely different to favor the company and I just had to suck it up. What can I do? Is it worth hiring an attorney and switching brokers? Trying to close the wage gap with a greedy broker is impossible. :( 

Loading replies...