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Results 1 to 5 of 5
  1. #1
    sfav8r is offline Renter
    Join Date
    Nov 2006
    Posts
    1

    Angry Broker wont pay commission

    I left Homecity about 6 months ago and I had a couple of closes remaining with them. They refuse to pay my commission split as per out agent contract. The Texas real estate Commission nor the Austin Board of realtors will not become involved in commission disputes. Homecity has not responded to my attorneys request for a meeting. What can I do as I cannot afford to litigate even though they will owe me over 20K

  2. #2
    RealEstatePromos is offline Fixer Upper
    Join Date
    May 2007
    Location
    Santa Fe Springs, CA
    Posts
    46

    Default

    File a law suit against them. That should be enough to motivate them. It won't be that expensive to file. File it with the knowledge that it is just a ploy to convince them to pay. If they don't, then back off if you can't afford it. Unfortunately, the way the system is setup, that is your only recourse. Your old company knows that and they are playing hard ball.

    Another approach is to ask the attorney to take it on contingency. If you have a very solid case they probably will do it. If you win the case you can also ask for attorneys fees. I hope it works out for you.
    Factory direct promotional items for the real estate industry. www.realestatepromos.net

  3. #3
    AmherstIsland is offline Fixer Upper
    Join Date
    Jun 2007
    Location
    Michigan
    Posts
    21

    Default

    You could also approach the local media about this issue. If there is anything a company hates more than a lawyer, its bad press.

  4. #4
    Join Date
    May 2007
    Location
    Hilton Head Island
    Posts
    20

    Default To Bad so Sad

    Go back to your basic agency principles when you started your carear.

    By law sales agents do not have listings or clients, BROKERS have listings and clients that sales agent get for them. As an agent you are only an extension of the broker. Legally those commissions are the brokers. Furthermore any agreement on splits, is no longer in effect if you leave.

    Looks like you are sh*t out of luck. Before leaving a company in the future sit down with the broker and discuss these items.

  5. #5
    REbuyersgroup's Avatar
    REbuyersgroup is offline Condominium
    Join Date
    Jan 2007
    Location
    Palm Beach Florida
    Posts
    225

    Default

    It's called a Loiusville Slugger to the back of the head. That usually fixes the problem. Just don't get caught.

    Don't let the schmuck get away with that crap.

    Also, warn all the other agents in the office what he did, so they will not be the next victim.

    No agents will means no business. Just what he deserves.
    Craig Fialkowski
    www.NewFLproperties.com
    EXIT Realty Florida

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