Barbara Todaro, Previously Affiliated with The Todaro Team (RE/MAX Executive Realty - Retired )

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Rainmaker
3,985,753
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

As the Broker my agents know the minimums.  And that is what keeps us in business.

Oct 03, 2016 02:42 PM
Ambassador
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I set brokerage guidelines.  Beyond those guidelines it comes only out of their part of the slip unless they get my approval.

Oct 03, 2016 02:14 PM
Ambassador
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

No but, I will give myself permission if it is warranted!

Oct 03, 2016 12:10 PM
Ambassador
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Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Kevin J. May took the words right out of my mouth.

Oct 03, 2016 11:47 AM
Rainmaker
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Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

in theory yes because it is not my commission 

Oct 03, 2016 09:46 PM
Rainmaker
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James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Not with our agency.  Each agent negotiates their commission.

Oct 03, 2016 08:53 PM
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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

No I don't need permission. My broker and I are on the same page. 

Oct 03, 2016 03:48 PM
Rainmaker
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Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Only if it is a tie..... I expect the other agent to share the rest ....

Oct 03, 2016 02:53 PM
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Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

I talk to my broker about it first, but she treats it like my business decision.  

Oct 03, 2016 01:26 PM
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Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

 It depends on who you are representing I feel

Oct 03, 2016 12:19 PM
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Fred Griffin Tallahassee Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Only from myself.

Oct 03, 2016 11:54 AM
Rainmaker
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Dorie Dillard CRS GRI ABR
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

My broker allows me to make my own decision..since I rarely reduce my commission they are not concerned.

Oct 03, 2016 11:53 AM
Rainmaker
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Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

There are guidelines in place which are self imposed that never exceed those of my Broker as agreed. 

Oct 03, 2016 11:22 AM
Rainmaker
500,293
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

The agents in my brokerage use me all the time to keep their commission where it should be.  "I have to ask my Principal Broker" often keeps the seller from pushing too hard to reduce a well earned commission.

Oct 04, 2016 12:51 PM
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Barbara,

I am with Kevin J. May  on this one.  A

Oct 04, 2016 09:23 AM
Rainmaker
1,337,413
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

No.  I don't do it.  Once you start down that path it is all too easy to fall down the slippery slope and do it all too often.  Joy Bender had a great example many, many months ago about this and how her office responded.  I've taken it to heart.

Oct 04, 2016 05:39 AM
Rainmaker
793,637
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Only if it's absolutely necessary, but mostly resist. Why is it that out commission is immediately on the table?

Oct 04, 2016 04:04 AM
Rainmaker
2,948,905
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

As an independent broker I only need my permission.  When I was affiliated with a big box brokerage, I did need to get what they called an "off the top exception." Without approval it came from my split. 

Oct 04, 2016 02:24 AM
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

No, I cam empowered to do this if I should want to.

Oct 04, 2016 02:20 AM
Ambassador
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John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

As the owner/ Broker I set my own commission.

Oct 04, 2016 01:39 AM
Rainmaker
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

No permission just the good common sense to know when and when not to

Oct 04, 2016 12:06 AM
Rainmaker
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Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Barbara Todaro My company policy is to ask permission with justification for reducing the fee.

Oct 03, 2016 11:45 PM
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843,451
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Do you mean by the broker/brokerage? My office's P/P manual does require that before you cut commission below x you get my approval. Which is usually "uh-uh" . . . but it depends.

Oct 03, 2016 11:33 PM
Rainmaker
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Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

From my bride, yes. 

From Common Sense, YES!

From my Broker, NO! 

Oct 03, 2016 11:20 PM
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

No.

Oct 03, 2016 11:19 PM
Rainmaker
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Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Not at all!

Oct 03, 2016 11:19 PM
Rainer
229,778
Jessie Cochran
Counts Real Estate Group, Inc. - Panama City, FL
Panama City Realty Group

Nope, I'm my own boss thankfully

Oct 03, 2016 11:13 PM
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Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

no

Oct 03, 2016 11:01 PM
Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Not for many years! And, not often!

Oct 03, 2016 10:57 PM
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Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I do not at this time since I am owner of the company. Just close the deal.

Oct 03, 2016 10:55 PM
Rainmaker
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Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I do not.

Oct 03, 2016 10:39 PM
Rainmaker
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Richard Weeks
Dallas, TX
REALTOR®, Broker

No.  We understand sometimes it needs to be done to save the deal and or the relation.

Oct 03, 2016 10:38 PM
Rainmaker
813,213
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

No. We want to make the deal work.

Oct 03, 2016 10:32 PM
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Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

No official permission required here.  My broker trusts my judgement to get the job done.

Oct 03, 2016 10:31 PM
Rainmaker
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Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

No I don't need permission but to get a short sale closed after 2 years I did throw in some $$ & my broker did ask me questions on it. After that long, I really no longer cared Barbara!

It's been so long since I've had a 'split' I guess it would make a difference to your broker. 

Oct 03, 2016 10:25 PM
Rainmaker
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Susan Laxson CRS
Palm Properties - La Quinta, CA
Local Knowledge & Global Network

Yes, the brokerage requires an approval from management.

Oct 03, 2016 10:18 PM
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Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

No , we can nego our transactions

Oct 03, 2016 10:11 PM
Rainmaker
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Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Since it's not technically my commission, any reductions need approval. It seems as long as the brokerage's commission remains the same, they don't care if the agent reduces their share.   

Oct 03, 2016 10:02 PM
Rainmaker
3,265,057
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

If you work for a broker, you sure may unless it is in your contract to be able to do so without approval. 

Oct 03, 2016 09:58 PM
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I like Inna's answer.

Oct 03, 2016 09:38 PM
Rainmaker
1,157,329
FN LN
Toronto, ON

I don't discuss such business practices on a public question.

Oct 03, 2016 09:22 PM
Rainmaker
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Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

We have overall permission to reduce by a certain amount, and we know what it means if we reduce by more. So the answer is yes, we need overall brokerage permission, but no, we don't need permission on a transaction-by-transaction basis.

Oct 03, 2016 08:35 PM
Rainmaker
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Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

You mean to ask your broker permission? or lender? We are contractors, we always negotiate our pay, but if you are talking about a large discount, i'd definitely get my broker permission. 

Oct 03, 2016 05:02 PM
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Barbara Todaro - I do not think so. 

Oct 03, 2016 04:22 PM
Rainmaker
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Jeanne Feenick
NextHome Premier - Basking Ridge, NJ
The Agent you choose REALLY does make a difference

In my brokerage, yes, any commission adjustments must get the ok of the broker.

Oct 03, 2016 01:12 PM
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

From what I have heard in most firms the broker sets the rates, need permission from the broker to modify the listing agreement.

Oct 03, 2016 11:05 AM
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I'm not clear on what you are asking - are you asking about reducing a commission to make a deal work?

Oct 03, 2016 10:58 AM
Rainmaker
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Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Off the top of my head, yes, unless it's a cash deal. And if I read this question right, even then, you have to disclose that you are an agent participating.

Oct 03, 2016 10:38 AM