Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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,

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...