Rainmaker
1,678,196
1,678,196
Albuquerque Homes Realty - Albuquerque, NM
No it was part of my huge monthly fee.
Apr 30, 2015 10:35 PM
Upvote
2
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Sandy Padula & Norm Pa...
, CA
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John McCormack, CRS
Albuquerque, NM
Rainmaker
5,704,413
5,704,413
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker
I've never paid the E&O on an annualized basis. It's part of my monthly fee, so I've not had a problem.
Apr 30, 2015 09:28 PM
Upvote
2
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Sandy Padula & Norm Pa...
, CA
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John McCormack, CRS
Albuquerque, NM
Rainmaker
1,786,678
1,786,678
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance
No; never had a unused E & O refunded.
Apr 30, 2015 11:34 PM
Upvote
1
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S. Leanne Paynter ☼ Br...
Davie, FL
Rainmaker
1,719,190
1,719,190
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL
All thtee brokerages I've been with in the past charged per transaction.
Apr 30, 2015 11:05 PM
Upvote
1
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Sandy Padula & Norm Pa...
, CA
Rainmaker
316,148
316,148
Preview Properties, PC - http://www.RealEstateMich.com - Brighton, MI
SRES, Search for Homes Brighton-Howell-SE Michigan
Like Richard Weeks, we pay by the transaction.
Apr 30, 2015 10:54 PM
Upvote
1
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Sandy Padula & Norm Pa...
, CA
Rainmaker
1,466,272
1,466,272
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA
Sally K. & David L. Hanson I never received a rebate on the E&O insurance premium. On the other hand, I never had to pay at the new brokerage until the annual premium came around again.
Apr 30, 2015 10:49 PM
Upvote
1
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Sandy Padula & Norm Pa...
, CA
Rainmaker
5,615,941
5,615,941
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones
I've only been with 2 Brokerages..the first closed and we paid per transaction. The second Broker I've been with since since 1995 and we renew or E&O Premium on our anniversary date. It is a low amount much better than per transaction!
Apr 30, 2015 10:30 PM
Upvote
1
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Sandy Padula & Norm Pa...
, CA
Rainer
509,681
509,681
United Realty Group, Inc. - Davie, FL
Davie, Plantation, Cooper City & Weston Specialist
No, I was never rebated the unused portion of the pro-rated premium. Thankfully, the brokerage I work for now pays the E&O for its agents.
Apr 30, 2015 10:04 PM
Upvote
1
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Sandy Padula & Norm Pa...
, CA
Rainmaker
5,277,876
5,277,876
Dallas, TX
REALTOR®, Broker
Have always paid a small fee ($30-$40) per transaction.
Apr 30, 2015 09:37 PM
Upvote
1
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Sandy Padula & Norm Pa...
, CA
Rainmaker
3,627,477
3,627,477
Fathom Realty - Bentonville, AR
Rainmaker
630,351
630,351
e-Merge Real Estate Unlimited - Columbus, OH
Realtor Ajay Pandya
Rainmaker
3,076,632
3,076,632
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty
Rainmaker
699,327
699,327
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty
Rainmaker
1,693,776
1,693,776
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC • Short Sale • Probate
I did. I left a broker a month after I paid E&O and it was a lot ( not sure but much more than 1k). I was not able to get it back, since a broker pay for all the agents as a package and the insurance refused to refund. As an apology the broker let me take my one listing. ( by contract, if you leave, all your listings stay with a former broker).
May 01, 2015 04:48 PM
Rainmaker
634,582
634,582
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales
Rainmaker
1,153,804
1,153,804
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida
Because it's an annual premium I don't think about too much after it's been paid but the concept feels right Sally K. & David L. Hanson.
May 01, 2015 03:47 AM
Rainmaker
3,986,584
3,986,584
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.
Rainmaker
1,292,505
1,292,505
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe
our brokerge charges a flat fee. They love those agents (80%) who never had a transaction and keep the rest.
May 01, 2015 02:27 AM
Rainmaker
3,347,208
3,347,208
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce
Rainmaker
638,276
638,276
New Home Team - Richmond, VA