Special offer
Dr. Karen Lewis, Broker 954-2489149, No Compromise When it Comes to Our Clients! (Align Right Realty K1 Group)

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Rainmaker
1,052,056
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Hmm. You had a listing, which is now the property of your old broker. You left that office and now work for a new office. You now have a buyer for that property. How is this different than you having a buyer for any other cooperating broker?
This is just not that complicated, unless I'm missing something.

Oct 20, 2017 06:27 AM
Rainmaker
1,844,171
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Buyer side with your current office. You really don't have that other listing - your brokerage does. If they 'allow' you to sell it & take the listing portion they are being generous. Most of the time, they assign it to someone else.

Oct 20, 2017 04:51 AM
Rainmaker
716,049
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

Lets correct what you are saying - hopefully I'm correct.

You used to have a listing at your previous brokerage, which did not carry over to your new brokerage, Now you have a current buyer for it.

The answer is, YES. As you now represent the buyer and not the seller which is represented by your former broker. Your duty is to act confidentially as you may have privileged information about the seller. Make the deal and a good one too.

Oct 20, 2017 06:29 AM
Rainmaker
634,482
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

Check with legal on this one, Karen. In the two states I am familiar with as the buyer's agent it is your current brokerage that represents the buyer. But when in doubt I always ask a good real estate attorney.

Oct 20, 2017 01:04 AM
Rainer
216,904
Sharon Altier
Coldwell Banker Realty - Elmhurst, IL
Luxury Property Specialist, CSC, SFR

I would think you would be able to get Buyer's side, since you procured the Buyer while at the new company.  However, the list side is probably with the old broker and you may or may not get that side; depending upon the decision and policy of your old broker.  Congrats on the sale!

Oct 19, 2017 09:02 PM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Karen,

I agree with Fred Griffin .  Each state has its own protocola.  When we left our first company, we were able to take all our listings, as the owners all wanted us to continue the marketing job we were in the midst off.  So this issue did not come up for us.  A

Oct 19, 2017 08:53 PM
Rainmaker
2,220,323
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Great question for your broker...

Oct 19, 2017 08:36 PM
Rainmaker
1,543,225
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

I'd wrap it up at the old office; dual agency as the listing agent makes it 100% theirs. But, congratulations on the dual agency, way to go!

Oct 19, 2017 07:01 PM
Ambassador
2,684,009
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

   Hi, Karen.

        The listing probably belongs to the old real estate office's broker.   The buyer probably belongs to you.  However, you should read your independent contractor agreement to make certain.  

      You can also call or email the Florida Realtors' Free Legal Hotline (they won't give you a written answer, but they will call you back on the phone and tell you their opinion). 

Oct 19, 2017 06:54 PM
Ambassador
6,392,889
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Which office is the Buyers Agency Agreement signed with?  Which brokerage were you an agent for when it was signed?  Probably the new one.

Oct 19, 2017 08:57 PM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

If you have already moved and transfered your license then you do it with the new broker

Oct 19, 2017 06:49 PM
Ambassador
3,344,906
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I would do as Fred Griffin suggests ... check your agreement - and check with your state's legal hot line. You may want to consider negotiating something with your old office. 

Oct 20, 2017 09:00 AM
Rainmaker
577,750
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

I'm confused.. how can you still have a listing at your "old" office if you have moved on to a "new" office.  If that listing stayed with your previous office, then  it belongs to the brokerage, or he should have released it and let you bring it to your new office.... At least that's how it works here... You are now at another brokerage and bringing an offer so you are now a cooperating agent... not the listing agent any longer.

Oct 20, 2017 05:59 AM
Rainmaker
637,434
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Can you work for two offices at the same time in Florida? Not in California or Hawaii. The listing belongs to the old office unless the broker releases it to the new office. And the buyer would need to to cancel the contract with the old office and get another one with the new office.

Oct 20, 2017 05:22 AM
Rainmaker
5,215,488
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Listing side old office. Selling side new office where you are sponsored.

Oct 20, 2017 05:11 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Our agreement with our brokerage stipulates that if we move - our listings move with us...

Oct 20, 2017 05:05 AM
Rainmaker
4,882,118
Richard Weeks
Dallas, TX
REALTOR®, Broker

You need to find out what is the old office policy regarding the status of listings when an agent leaves the brokerage.

Oct 20, 2017 05:03 AM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Get approval for what you do upfront.

Oct 20, 2017 04:59 AM
Rainmaker
1,502,848
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Karen,

 

Listings belong to the broker NOT the agent.  Unless you negotiated differently when you joined (or your Broker is SUPER NICE) the listings remain with them.  If you found the buyer while at the old office, I'm not aware of any rules about that (although there may be some depending on your contract and if they gave you the lead), however I think common courtesy and professionalism (and not burning bridges) would be to complete the sale while at the old office.

 

Depending on how long you've had the buyer, it may be prudent to discuss this with both your old and new broker and see if they can come to some form of agreement.  Especially if the old broker lets you take the listing.  You wouldn't want the old one to get mad at your new one for allowing you to hold off on making the offer until you took the listing to the new brokerage.  NOT SAYING YOU'RE DOING THAT, BUT A PISSED OFF BROKER CAN SEE IT THAT WAY.  Especailly if they get a split of the commission.

 

Either way, congrats on the dual agency, that's bloody hard to do especially in the market my area has turned into these last few months.

Oct 19, 2017 10:11 PM
Rainmaker
1,622,432
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I'm not sure what is a new and and an old office? The same broker or different? 

Oct 19, 2017 09:16 PM
Ambassador
5,048,708
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I would think you have to complete it at the office that holds the listing agreement!

Oct 19, 2017 09:06 PM
Ambassador
5,229,243
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Depends upon where your license was hung when you submitted the Offer, Karen Jones Lewis, MBA, Realtor - at least that's how it is in NC & SC.

Oct 19, 2017 06:47 PM
Ambassador
3,854,786
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Congratulations on leaving with such a positive reaction from your previous broker. Let us know how it works out.

Curious: what is your new broker's opinion on  this situation?

Oct 20, 2017 09:38 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Read the policy manual of your old company and what the broker's policy is. In most states the listings belong to the broker and that also includes buyer listings, but some brokers release everything.

Oct 20, 2017 07:13 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Good luck.

Oct 20, 2017 03:58 PM
Rainmaker
1,725,896
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

You represent the buyer from your new brokerage affiliation.

Oct 20, 2017 02:07 PM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Karen Jones Lewis, MBA, Realtor I would think since you have a buyer with your new office it should stay with you. Your listing now belongs to your old office. What does your Policy and Procedures Manual say from your old and new office.

Oct 20, 2017 07:14 AM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

you take the buyer side wherever your license hangs.... 

Oct 20, 2017 06:57 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

You should be able to control the buyer's side directly from your new office.

Oct 20, 2017 06:35 AM
Rainmaker
815,153
Paul Antonelli
Antonelli Realty - Saint Cloud, FL
Broker Owner; Antonelli Realty

It depends on what your brokerage has in their agreement you signed when you went with them. Unless your with one of the many 100% companies then usualy its yours.

Oct 20, 2017 05:40 AM
Rainmaker
900,008
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

What's in your contract?

Oct 20, 2017 05:39 AM
Rainmaker
5,104,806
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Depends on whether you have a buyer agency agreement with your prior firm. You can always ask your buyer to ask for a release. That's one reason I don't "sign them up" too early or for very long periods of time.

Oct 20, 2017 04:06 AM
Rainmaker
2,182,502
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Are they U/A yet ?

Oct 20, 2017 02:51 AM
Rainer
213,263
Dennis Swartz
Full Circle Property Management - Columbus, OH
MBA, GRI...experience counts!

In Ohio, all clients are clients of the broker, but the broker can release them to you if you leave on good terms. Its their call.

Oct 20, 2017 02:36 AM
Rainmaker
1,239,801
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

I will cancel that one or let it expire through your new broker's effort and start it over.

Oct 19, 2017 11:47 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

If you have changed the office, buyer should be from new office, I think.

Jun 22, 2018 11:10 PM
Rainmaker
5,868,372
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

You will need to see what your office policy says, and what your broker has to say.  I know the first move I made, I took all buyers and all sellers with me, with approval.

Oct 24, 2017 05:25 AM
Ambassador
3,164,119
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Unless you have two crazy brokers your involvement with the sellers at the listing has ended.  The only time I've heard of an agent staying involved is if a transaction was just waiting to close while pending.  But in my state any activity at former brokerage has to be agreed upon by both brokers and as a "the new broker" I'd NEVER take that liability risk.

Oct 23, 2017 07:42 PM
Rainmaker
4,935,551
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

You should get the buyers side at least.

 

Oct 22, 2017 11:20 AM
Rainmaker
989,652
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

If I read this correctly, you have the buyer but not the listing - what's the question?

Oct 20, 2017 10:34 AM
Rainmaker
1,555,743
Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

Technically, all listingsbelong to the Broker.  Check with your previous broker.

Oct 20, 2017 10:01 AM
Rainmaker
711,752
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

To answer this question a lot depends upon the real estate laws within your state. The listing belongs to the old office, assuming they did not allow your seller to terminate with them and move the listing to your new office. But your buyer is yours now and you should be able to write on the listing as you would any other.

Oct 20, 2017 09:43 AM
Rainmaker
7,834,961
Roy Kelley
Retired - Gaithersburg, MD

Follow the terms of your agreement with your broker.

Oct 20, 2017 08:36 AM