All Forum Posts by: Anthony Turner

 I agree that being present for all facets of the process is best, which is why I am 100% transparent with long-distance clients so that they know that I am living in the other state and relying upon associates for many of the on-the-ground activities. But because I already have a relationship with these clients in my previous state, through either past real estate work or other, personal reasons, they have been comfortable with the arrangement. I am just trying to find the best way to compensate the local agent for his work, in a way that is fair to both of us.  Thanks for sharing your thoughts!

 Thank you!

Thank you! Do you think a referral fee is better than co-listing the property when representing the seller, or co-representing a buyer with another agent? I assume you would still receive 100% of any volume credit for the transaction using the referral approach?  Also, do you have any thoughts on how much you typically would pay out of your commission for things like individual showings, or attending an inspection or closing on your behalf, if you were not available for those activities?

 Thanks for your thoughts! If I had enough activity in the other state, I would consider hiring a licensed assistant.  I'm not sure my activity level in the state would pay for the cost of it at the moment.

I have been a Realtor for five years. Last year, I moved to another state and obtained my license in that state, but am still somewhat active in my previous location, as I intend to still spend time there in the future.  I have worked out an arrangement with an agent in the office of my previous state to share certain tasks that I am unable to perform, since I am not physically there at the moment.  What is a good way to compensate this other person for helping out?  For instance, if I successfully obtain a listing or a buyer, work with them for a period of time to get them pre-qualified and even find potential properties for them, but have my colleague write up the offer, visit the property for appraisal or inspections, and potentially attend the closing on my behalf, how should I compensate them?  Is there a specific dollar value for each of these tasks that I should be paying for, or should I be splitting the commission with them instead?  I realize that the ideal situation would be for me to be able to handle 100% of the tasks myself, but for the time being, this just is not possible for me.

Is anyone familiar with Florida's out-of-state experience requirements to become a real estate broker? The DBPR website indicates the following:  "A licensed real estate sales associate or broker, who has at least 24 active months of real estate experience during the preceding five years in another state, may apply the experience toward a Florida broker's license."  In my case, I have 35 months of experience as a Sales Agent in Maine, as well as 13 months of Maine experience as an Associate Broker, for a combined 48 months.  I have also recently completed and passed the Bob Hogue Florida broker's course, but can not take the state exam until the DBPR signs off on my work experience.  The DBPR has rejected my experience submissions 6 times, dating back to April, citing that the certification of license history that I submitted was insufficient (although it came from Maine's RE Commission).  They also seemed to suggest that they are only considering the 13 months of experience as an Associate Broker, although their own website indicates that having 24 months of experience as a sales associate would satisfy this requirement.  I really do not want to go backwards and take the Sales Associate course at this point, since I've already completed the broker's course, but is anyone familiar with this experience section of Florida's broker rules?