Patti Lyles,  DIVORCE, SHORT SALE, FORECLOSURE SPECIALIST (Century 21 Showcase, REALTORS®)

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Rainmaker
4,796,627
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

This is weird.

Oct 20, 2018 06:30 AM
Rainmaker
629,123
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

Not heard of.

Apr 28, 2018 06:53 PM
Rainmaker
3,050,725
Tony and Suzanne Marriott, Associate Brokers
BVO Luxury Group @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Mike & Eve nailed this one!

Oct 03, 2017 03:57 AM
Rainmaker
3,978,945
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I did one not knowing at the time...it was a disaster.

Apr 23, 2015 06:40 AM
Rainmaker
526,069
Mike & Eve Alexander
Buyers Broker of Florida - Orlando, FL
Exclusively Representing ONLY Orlando Home Buyers

I think the buyer and the "friend" are both jerks.  The buyer for not trusting you and the "friend/agent" for sticking his nose where it does not belong.

Either tell them both that you ARE the agent and stick to your guns ....or take a 50% referral fee and tell them both to take a hike.

Eve

 

Apr 23, 2015 02:51 AM
Rainer
188,560
Sharon Altier, SFR
Lawton Realty Group, Inc. - Elmhurst, IL

The legal department of your Realtor association would be the best to run this by....they can make sure you use the best method to handle this.  I have heard of it.  As we know, it's all about the documentation.  Good luck!

Apr 23, 2015 02:03 AM
Rainmaker
147,071
Kaye Thomas
Real Estate West - Manhattan Beach, CA
e-PRO, Manhattan Beach CA

I see a lot of issues ahead.. If I were in your place I would get a signed contract with the other brokerage for  a 30%  referral fee and count myself lucky.   

Apr 23, 2015 01:32 AM
Rainmaker
990,791
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

The crux would be if this associate is being compensated for the negotiation aspect of this transaction (not the listing side). Consequently, in order for you to be compensated it's necessary that the negotiations include you to be valid. Dare I say that you're venturing into uncharted waters for the most part and that requires a better captain than me.

Apr 23, 2015 12:16 AM
Rainmaker
508,620
Michele Connors
The Overton Group, LLC Pitt & Carteret County - Greenville, NC
Your Eastern North Carolina Realtor

Wow, thats a new one ! I would decline as well. This is not something ethical nor logical.  The seller has no idea though... to him he must think this is ok because he doesnt understand the legal and ethical sides to your licensure. 

Apr 22, 2015 11:40 PM