Commission dispute between Broker & Agent. What you need to know to protect yourself.
First I’d like to remind you as a matter of California law, a Real Estate Broker or Agent owes the highest duty of good faith, honesty and fair dealing to their client. This duty is referred to as the Fiduciary Duty. It is the same duty that is owed by attorneys to their clients or trustees to living trusts.
Sometimes as a real estate licensee, you can get mixed up with bad brokers. That’s totally fine. Could happen to anyone. Once you realize the weasels committing ethics violations, bribery, or fraud it’s time to part ways though.
At the end of the day, are you really shocked your real estate broker stole from you? Wondering how they plan to get away with it? Read this article to find out what your options could be if you decide to fight back and get your money.
In the rare event, your Broker decided to stiff you for commission – don’t panic!
You’ll learn there are a number of remedies to collect your money, and you may even have a bit of fun along the way.
Walk away or fight for justice?
This comical & informative article written for Realtors® has been moved to an alternative forum as a result of server bandwidth.
Glenn Shelhamer is a nationally recognized Real Estate leader who has been helping people move in and out of the Los Angeles area for many years. He is also the team lead of The Shelhamer Real Estate Group. When Glenn’s not selling real estate he can be found spending time with his beautiful wife and two terrific kids.
All characters and other entities appearing in this work are fictitious. Any resemblance to real persons or other real-life entities is purely coincidental. … Any resemblance to real persons, dead or alive, or other real-life entities, past or present, is purely coincidental. This article is not intended as a substitute for legal advice from an attorney. The reader is encouraged to consult an attorney in matters relating to his/her situation. The author is a licensed real estate broker in the state of California not authorized to give legal advice.