Rainmaker
784,786
784,786
The Woodland Companies - Austin, TX
Land Specialists
Our brokerage allows us to take our clients with us if we leave.
Oct 19, 2018 05:47 AM
Upvote
1
-
Bob Crane
Stevens Point, WI
Rainmaker
846,475
846,475
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida
I have had this experience more than once and everyone follows me. Our relationships always transend the broker.
I just tell them "guess what!" I just got an offer too good to refuse from broker xyz WE are moving over there on______________.
Aug 04, 2015 06:22 AM
Upvote
1
Ambassador
6,416,359
6,416,359
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671
Rainmaker
1,617,916
1,617,916
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR
Close as much business as possible and make the switch. Inform your clients of the change.
Aug 28, 2016 12:58 AM
Rainmaker
2,538,633
2,538,633
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life
Good morning Andrea. If someone was to leave my company, I would allow them to finish each transaction or I would finish it and still pay them every if they didn't do all the work.
Aug 04, 2015 06:19 PM
Rainmaker
179,169
179,169
Signature Realty Inc. - Coral Springs, FL
Selling South Florida
I would have to really plan to leave my current company, because I don't own the listings--they do.
Aug 04, 2015 12:24 PM
Rainmaker
1,044,624
1,044,624
Berkshire Hathaway HomeServices New England Properties - New Milford, CT
Realtor, Southern Litchfield County CT
I appreciate the honest answers. For me there are 2 big elephants in my room. So even if I disagree with a broker keeping listings, there is not much I can do but grin and bear it and make the transition as smooth as possible.
1. Article 16 of our Code of Ethics: "REALTORS® shall not engage in any practice or take any action inconsistent with exclusive representation or exclusive brokerage relationship agreements that other REALTORS® have with clients."
2. Standards of Practice 16-20 spells it out exactly how an agent should behave when leaving a brokerage. "REALTORS®, prior to or after terminating their relationship with their current firm, shall not induce clients of their current firm to cancel exclusive contractual agreements between the client and that firm."
Aug 04, 2015 11:39 AM
Rainmaker
2,443,250
2,443,250
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!
I own my company so that isn't going to happen. However, I am phasing out of buyers and sellers and concentrating on new construction. I am referring my clients to my agents to work.
Aug 04, 2015 11:18 AM
Rainmaker
3,988,013
3,988,013
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730
It would be much like I prepare for going on vacation. I have everything in order so someone else can step in seamlessly.
Aug 04, 2015 10:38 AM
Rainmaker
1,712,776
1,712,776
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties
My exit strategy is to sell my company so it continues for the clients.
Aug 04, 2015 08:35 AM
Rainmaker
5,772,575
5,772,575
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy
Andrea,
All our clients have followed us with no hesitation on their parts. They just cancelled the listings and resigned with us. When our former broker tried to keep a particular prestigious listing with one of the wealthiest family, he told her, "I never change my horses when they are doing a superb job!" We were fortunate. He was an attorney and super influential, not someone to mess with as were the majority of our clients.
Our former broker was a smart woman, and she knew it was time to start our own company.
A
Aug 04, 2015 07:27 AM