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It depends entirely on the relationships within the office and the relationship with the agent helping out. I have one agent who will handle all of our rental inquiries, for no fee, we are happy to have someone good to whom to refer them; in exchange, she is happy to show properties in our absence, if the need arises. Since there are two of us who work together as a team, we rarely need extra help, but if we did, we would pay by the hour if it's a matter of showing a property or two, or a % if it's more involved. Definitely discuss upfront and determine what's fair to both parties.
League City, TX
I like the advice you all have given. We have great people in our office and it feels like family so typically conversations about pay for showing one or two listings doesn't come up since we all feel like it will be reciprocated down the road. However, I think I will address it with our agents at the next meeting and get their input.
League City, TX
Those types of things should be agreed to ahead of time (preferably in writing, even if just in an email they replied to) so there's no misunderstanding. I'd pay a set dollar amount per showing, but not part of my commission.
Maybe. It depends on your relationship with the agent. You could also pay the agent for the showing.
Just showing fees only.
Huh. Well, I would set the expectations with that other agent first and foremost. Other than after I had my hip replaced, I have never needed to have another agent show the client(s) I represent a property. I have a calendar, I book clients around our schedules. If it is just 1 or a couple of properties, I would not expect a fee or commission for helping out a friend for the showing.
one good turn deserves another....there should not be a fee expected.... if there is, I'd be looking for a better group of people to work with....a place where you don't need to velcro your pockets ....
I think this is one of those that any answer is fine as long as it is clear upfront- the issues comes when there are grey areas.
It is always good to tell the agent what you will pay so there is no misunderstanding.
I think it depends on the nature of your relationship with the other agent. I have often helped out other agents and they do the same for me and we call it a wash.
I've done it several times and I have not asked for anything. Turn about is fair play however. It won't happen in my office
Not in my office. We work together to help each other out. That's just the way we do it.
It's mutual understanding - and it depends on the relationship with this agent.
No. The agent can offer to pay $50.00 or whatever to cover cost of time and gas.
No we pay the substitue agent a per showing or hourly fee
I have paid a flat fee to have some showings covered by another agent, it's business and some sort of compensation is suggested.
Of course not, none of us should be expected to work for free. If it's just the one time, I would offer an hourly fee.