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Updated almost 10 years ago,

Account Closed
  • Homeowner
  • Signal Hill, CA
70
Votes |
521
Posts

Can Licensed Salesperon (Agent that's not Broker) Collect Commission in ANY CIrcumstances?

Account Closed
  • Homeowner
  • Signal Hill, CA
Posted

collect commission directly, that is, as opposed to receiving from his/her broker.

so, are these allowed in your state?

a few scenarios.. assume all occur in the state the professional is licensed:

1- Agent lists their own house on MLS and sells directly, double-ending the deal without a buyers/sellING agent's help. Agent has 100% Commission structure with flat-fee Broker. At closing, Agent directs Escrower to cut commission check in Agents name, not his/her brokers.

2 - Agent lists their friend's house on MLS and sells directly, double-ending the deal without a buyers/sellING agent's help. Agent has 100% Commission structure with flat-fee Broker. At closing, Agent directs Escrower to cut commission check in Agents name, not his/her brokers.

3 - Agent finds a home on MLS for him/herself. Agent makes a direct offer conditional that listing agent agrees to give agent half of the total commission. Seller and Listing Agent accept. Agent has 100% Commission structure with flat-fee Broker. At closing, Escrower cuts commission check in Agents name, not his/her broker.

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