1,052,056
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.
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Jennifer Mackay
Panama City, FL
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Lynnea Miller
Bend, OR
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Carol Williams
Wenatchee, WA
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
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Debe Maxwell, CRS
Charlotte, NC
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Richard Bazinet /MBA, ...
Scottsdale, AZ
1,844,171
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.
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Kathleen Daniels, Prob...
San Jose, CA
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
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Fred Griffin Florida R...
Tallahassee, FL
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Candice A. Donofrio
Fort Mohave, AZ
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Debe Maxwell, CRS
Charlotte, NC
716,049
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.
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Carol Williams
Wenatchee, WA
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
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Debe Maxwell, CRS
Charlotte, NC
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Candice A. Donofrio
Fort Mohave, AZ
634,482
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.
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Fred Griffin Florida R...
Tallahassee, FL
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Debe Maxwell, CRS
Charlotte, NC
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Nina Hollander, Broker
Charlotte, NC
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
216,904
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!
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Candice A. Donofrio
Fort Mohave, AZ
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Debe Maxwell, CRS
Charlotte, NC
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Lyn Sims
Schaumburg, IL
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
5,772,575
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
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Fred Griffin Florida R...
Tallahassee, FL
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Debe Maxwell, CRS
Charlotte, NC
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Nina Hollander, Broker
Charlotte, NC
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
2,220,323
Great question for your broker...
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Carol Williams
Wenatchee, WA
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
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Debe Maxwell, CRS
Charlotte, NC
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Anthony Acosta - ALLAT...
Atlanta, GA
1,543,225
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!
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Debe Maxwell, CRS
Charlotte, NC
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Ryan Huggins - Thousan...
Thousand Oaks, CA
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
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Thomas J. Nelson, REAL...
La Jolla, CA
2,684,009
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).
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Debe Maxwell, CRS
Charlotte, NC
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Nina Hollander, Broker
Charlotte, NC
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Ron and Alexandra Seigel
Carpinteria, CA
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
6,392,889
Which office is the Buyers Agency Agreement signed with? Which brokerage were you an agent for when it was signed? Probably the new one.
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Bob Crane
Stevens Point, WI
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Debe Maxwell, CRS
Charlotte, NC
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
3,986,258
If you have already moved and transfered your license then you do it with the new broker
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Bob Crane
Stevens Point, WI
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
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Debe Maxwell, CRS
Charlotte, NC
3,344,906
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.
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
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Fred Griffin Florida R...
Tallahassee, FL
577,750
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.
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
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Candice A. Donofrio
Fort Mohave, AZ
637,434
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.
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
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Debe Maxwell, CRS
Charlotte, NC
5,215,488
Listing side old office. Selling side new office where you are sponsored.
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
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Debe Maxwell, CRS
Charlotte, NC
3,071,489
Our agreement with our brokerage stipulates that if we move - our listings move with us...
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
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Debe Maxwell, CRS
Charlotte, NC
4,882,118
You need to find out what is the old office policy regarding the status of listings when an agent leaves the brokerage.
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
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Debe Maxwell, CRS
Charlotte, NC
1,712,676
Get approval for what you do upfront.
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
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Debe Maxwell, CRS
Charlotte, NC
1,502,848
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.
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
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Debe Maxwell, CRS
Charlotte, NC
1,622,432
I'm not sure what is a new and and an old office? The same broker or different?
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
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Debe Maxwell, CRS
Charlotte, NC
5,048,708
I would think you have to complete it at the office that holds the listing agreement!
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Debe Maxwell, CRS
Charlotte, NC
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
5,229,243
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.
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
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Anthony Acosta - ALLAT...
Atlanta, GA
3,854,786
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?
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
3,988,007
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.
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
4,434,127
1,725,896
You represent the buyer from your new brokerage affiliation.
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
1,466,207
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.
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
5,583,278
you take the buyer side wherever your license hangs....
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
4,800,082
You should be able to control the buyer's side directly from your new office.
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Debe Maxwell, CRS
Charlotte, NC
815,153
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.
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
900,008
What's in your contract?
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
5,104,806
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.
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
2,182,502
213,263
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.
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
1,239,801
I will cancel that one or let it expire through your new broker's effort and start it over.
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Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
4,319,419
If you have changed the office, buyer should be from new office, I think.
5,868,372
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.
3,164,119
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.
4,935,551
989,652
If I read this correctly, you have the buyer but not the listing - what's the question?
1,555,743
Technically, all listingsbelong to the Broker. Check with your previous broker.
711,752
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.
7,834,961