5,247,699
You will have to prove you were the procuring cause of the sale to be owed a commission. But if you released the buyer from your agreement, it may be tough to do so in a resale. With new construction in our area, if you registered them, the builders will typically honor that--65-75% of our builders' business comes from agents, so they really will bend over backwards not to tick us off.
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John McCormack, CRS
Albuquerque, NM
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Richard Weeks
Dallas, TX
1,643,007
It depends on a broker if they are willing to fight for those commissions, since technically yes, you are a procuring course of that sale.
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Richard Weeks
Dallas, TX
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Nina Hollander, Broker
Charlotte, NC
3,988,138
That all depends. Being fired from representation and earning a commission are not necessarily the same. I would have discussed this at the termination.
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Richard Weeks
Dallas, TX
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Nina Hollander, Broker
Charlotte, NC
613,494
It all depends on what your agreement says and why you were fired? was there aleniation? break in service? Or was it because the other agent offered them a rebate? Lots of unanswered questions...
Besides, if they are registered with a builder under your name, that builder will probably not want to kick you out and pay someone else.
Eve
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Troy Erickson AZ Realt...
Chandler, AZ
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Michael Setunsky
Woodbridge, VA
1,745,627
Lots of great answers here. My take on it is even with a Buyers Representation Agreement, all a buyer need do is state that in their opinion, you are not properly representing their interests and you are toast. Consumerism laws are very strong and expensive to defeat in front of a judge. It will be the buyers' word against you and the review is highly subjective.
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John McCormack, CRS
Albuquerque, NM
5,419,915
Too many variables for a simple answer. Why were you fired? Do you have a written exclusive for a period of time?
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Troy Erickson AZ Realt...
Chandler, AZ
42,670
It depends how your agreement is written and how long after you were "fired" that the Buyer decided to purchase a home you had exposed them to. Were you verbally fired or were you given notice in written form? Did the buyer sign an agreement with the new agent ? Since you are the procuring agent I would at least try for a referral fee as a compromise. Its worth a shot.
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Nina Hollander, Broker
Charlotte, NC
1,683,912
533,451
I have seen this occur a number of times in Las Vegas and in each case, the builder paid the agent who registered the client. These were all major builders and they were very firm with their policy of paying the procuring agent. In each case, they stated that the first visit to the tract and registration was the one and only determining factor.
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Gary Coles (Coaching)
Las Vegas, NV
1,579,493
In your scenario, yes. You showed them the home they purchased and you have a contract?
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Richard Weeks
Dallas, TX
5,773,924
We had a similar case on a very large lease. The lessee tried to go around us, because the other agent had agreed to kick back the commission. The building supported us on this one. And yes, we got paid. A
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Richard Weeks
Dallas, TX
1,466,257
Val Evans I don't believe you are because there is no procuring cause for the agent who was fired. Bringing a buyer to a developer and registering is not procuring cause.
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Richard Weeks
Dallas, TX
1,598,552
4,800,282
1,530,004
If you can prove you registered them first, my guess would be yes. I know there is a similar protection for listing agents.
6,618,251
Depends on what your agreement specifies, I would think that it would require them to pay you.
979,796
Val - Every case would have to be looked upon individually to determine who should or should not get paid. Things to consider:
Procuring cause, and is there proof of procuring cause.
Did the first agent actually let the buyer out of the buyer broker agreement, or did the buyer just decide they no longer wanted to work with that agent.
What, or how is the original buyer broker agreement worded. There is nothing in our buyer broker agreement that allows the buyer to fire the agent/broker.
What was the reasoning for the buyer to fire the first agent.
Did the second agent have the buyer sign a buyer broker agreement.
Is the second agent related to the buyer, or was the second agent offering any sort of discount to the buyer on their commission in order to get their business.
I am sure there are a lot more questions to be asked as well, but this is why each case would have to be handled on an individual basis. There is no "Yes" or "No" answer to your question, it depends on a lot of variables.
3,762,439
What does the buyer broker contract say? But even if that buyer does technically owe you a commission, there must have been some reason it didn't work out. While it might not have been your "fault", the buyer might have a different perception than you did. I'd move on.
1,677,896
Much good input here. My first thing would be to decide if it were worth the stress of the battle.
3,073,909
Depends. If you didn't agree to being "fired", then whatever the signed agreement stipulates and/or builder policy (which should be on the registration form) should apply.
3,416,322
4,434,227
You will have to talk to an attorney to interpret your contract with the buyer.
5,061,432
It depends on the reason, and if your broker is willing to file a law suit.
2,538,689
Good morning Val. I would never make one of these situations a legal battle, if someone wants out of an agreement, I would absolutely let them out without a fee.
1,090,535
Did the agent's actions directly result in the buyer's decision to proceed with that home purchase? If so, and that unbroken chain of events is documented to support it, 'possibly'. PC is very tough to win without it. Firing the agent does not negate PC, AND a EBA agreement does not assure it.
2,419,952
I think that agents here are trying to help and you keep changing the scenario. Are you speaking on behalf of the first agent or the second? Why was the first agent "fired" - it does matter if the first agent abandoned the client or breached their fiduciary duties - on the other hand, if the first agent was the clear procuring cause on new construction that agent may have a cause of action. Comparing a buyer agent dispute to a listing agent scenario just doesn't work - they are two very different situations. Listing with a new agent clearly cuts off the right of the first agent to a commission - but you keep changing the fact pattern or revealing new twists which make it difficult or impossible to give any meaningful advice since it is the facts and the buyer agency agreement language which will control.
1,472,185
I have a firm belief in contracts. A Buyer cannot "fire" me if we have a valid Buyer's Representation Contract. It can reach the expiry of same but I cannot fire them and they cannot fire me. Any other Realtor would have a full understanding of same. The first question we ask is "Are you being represented by any other Realtor?"
2,234,761
Did the agent show them the house they ended up buying? This could be a case for procuring cause then. Why was the agent fired? There are a lot of factors that come into play. Also the agency agreement needs to be looked at to see what it says.
1,157,841
Reference needs to be made to the signed agreement to determine if a commission is owed.
921,504
The right answer resides in the small print and the laspe time.
There remains a procuring cause AND exclusionary period defined in the agreements involved that were signed by the subject. Of course there may also exist unconditional and conditional agreements and protection period.
On new construction, the compensation amount may be worthy of the fight.
My experience has been if you contact agent two, a solution can be found without resorting to burnt earth programs.
231,274
yes. collecting it is likely not worth it, better luck had likely collecting from the new home seller than the buyer