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Rainmaker
4,457,314
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

20 + years ago I had a broker whose funds were being played with... I went to the bank where the check was written on and in those days 10 dollars would secure that I got paid... then I followed up with a face to face conversation with the Broker if this happened again we would have different issues... keep in mind I was young and just left the Army as an Airborne/Ranger/Infantry guy:)))Endre

Jan 16, 2017 08:55 PM
Rainer
352,976
Teri Pacitto
Compass - Westlake Village, CA
Real Estate, Your Style...Your Home...My Specialty

No never, but our checks come from an Escrow account so unlikely that would happen.  

Jan 16, 2017 08:41 PM
Rainer
150,416
Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

Wow, and wow!

Jan 17, 2017 01:55 AM
Ambassador
3,854,909
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Thank goodness...no! Please keep us posted.

Jan 16, 2017 09:19 PM
Ambassador
5,230,113
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

No, our checks come from the Closing attorneys - if one bounces, there would have to be a pretty big issue.  Let us know how it turns out, Debbie.

Jan 16, 2017 09:06 PM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

No!  Yikes!  I would be on the phone to find out what happened. A

Jan 16, 2017 08:15 PM
Rainmaker
1,197,152
Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

No, ouch and oops at the same time. 

Jan 17, 2017 03:24 AM
Ambassador
2,436,099
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

No. That would not be a happy day!

Jan 17, 2017 03:16 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

I would make them famous.

Jan 17, 2017 04:34 AM
Rainmaker
687,136
Hella Mitschke Rothwell
(831) 626-4000 - Honolulu, HI
Hawaii & California Real Estate Broker

Guess a referral check could come from a brokerage or an agent who pay out a share of the commission. But if it came from an escrow company, that would be real trouble, they would have needed to make a mistake on their reconciling of the client account.

Jan 16, 2017 11:23 PM
Rainmaker
4,272,548
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I can't say I have...

Jan 16, 2017 10:54 PM
Ambassador
5,049,450
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

No it's never happened...yet. Our commission checks from from escrow out of the seller proceeds

Jan 16, 2017 09:36 PM
Ambassador
2,684,109
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Not yet!

Jan 16, 2017 09:33 PM
Rainmaker
7,836,164
Roy Kelley
Retired - Gaithersburg, MD

Not that I recall. I have experienced non-payment of referral fees.

Jan 17, 2017 06:58 AM
Rainmaker
989,652
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Not for that reason but for other reasons

Jan 17, 2017 06:46 AM
Rainmaker
5,216,409
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Never in over 40 years in business!

Jan 17, 2017 06:42 AM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

No and hope not to. I think I woudl drive there in person to get real answers if it did

Jan 17, 2017 06:33 AM
Rainer
509,449
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

No, my commission check comes from title or my broker.

Jan 17, 2017 06:29 AM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Debbie Reynolds No, never had this happen. I did have my bank put a ten day hold on certified funds from a closing.

Jan 17, 2017 06:18 AM
Rainmaker
4,882,355
Richard Weeks
Dallas, TX
REALTOR®, Broker

Lucky for me that has never happened.  I would call the person or company that issued the check and ask they whey the heck.

Jan 17, 2017 05:53 AM
Rainmaker
864,658
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Nope. Most of our checks come from escrow. If that were to happen, the escrow company would be out of business very shortly.

Jan 17, 2017 05:45 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

No - typically wire transfer from escrow to us with broker approval.

Jan 17, 2017 05:24 AM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Knock on wood, that has not happened. 

Jan 17, 2017 05:22 AM
Rainmaker
846,475
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

Oh my no! 

Jan 17, 2017 04:58 AM
Rainmaker
1,617,916
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

never experienced a NSF check

Jan 17, 2017 04:36 AM
Rainmaker
564,494
Maria Sapio
Keller Williams of Central PA - Carlisle, PA
Real Estate Agent- Carlisle, PA. Mariasapio.com

No, I haven't...

Jan 17, 2017 04:28 AM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Thankfully, not. If it did, I think it's a violation of law.

Jan 17, 2017 04:13 AM
Rainmaker
2,241,053
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Certified bank check going in means no bounce coming out of the closing. Have wired funds transfer delays but everything held in escrow until the coast is clear to close. Have had deposit personal check bounce and that can be fun ironing out the why and gives everyone a nervous feeling about screwing on the sale pending sign rider.

Jan 17, 2017 03:56 AM
Ambassador
6,393,609
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Have had both timber sale and land sale checks bounce.  A few hours of tension, but we got it sorted out and the funds recieved.  Mostly a matter of banks being slow at transfering funds between accounts.

Jan 17, 2017 02:06 AM
Rainmaker
809,258
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

No, never me.  Had a friend who was in a different brokerage that went under and it happened to them though.  As I recall the agents never were able to retrieve the funds due.  Yikes.-Kasey

Jan 23, 2017 09:30 PM
Rainmaker
142,796
Diana White-Pettis
Bennett Realty Solutions - Upper Marlboro, MD
GRI, CDPE, CNE, WHC Upper Marlboro Homes for Sale

Fortunately no.

Jan 20, 2017 03:37 PM
Rainmaker
5,868,554
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Never, nor have I ever heard of this --- would be very nervous!    

Jan 18, 2017 02:11 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I've never had this happen and I don't know what I would do. 

Jan 17, 2017 07:04 PM
Rainmaker
763,883
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

No, they come through escrow companies and they haven't gone belly up in decades out here.

Jan 17, 2017 05:01 PM
Rainmaker
4,936,705
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Never happen to me but know of a title company that was out of business and close and walked away with funds.

Jan 17, 2017 04:47 PM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I have not but If I did, a quick phone call to the bank and then to the broker if the account is still short.

Jan 17, 2017 04:28 PM
Rainmaker
539,468
Jerry Lucas
ABC Legal Docs LLC - Colorado Springs, CO
Notary Training, Consulting. Colorado Springs, CO

My fee schedule and invoices include payment terms and conditions, posted on my website. Late fees are added for late payments. If needed, legal and collection costs are added to the total amount due.

Jan 17, 2017 01:40 PM
Rainmaker
1,157,785
FN LN
Toronto, ON

No.

Jan 17, 2017 01:33 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No.

Jan 17, 2017 11:41 AM
Rainmaker
1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Thankfully not.  Escrow handles the money, so as long as they're not messing around we should be good.  I've had my commission money wired in before.

Jan 17, 2017 10:56 AM
Ambassador
3,345,091
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Oh my heavens ... thankfully ... no I have not.  

Jan 17, 2017 09:09 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Not yet.

Jan 17, 2017 08:25 AM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

no, never.... 

Jan 17, 2017 08:18 AM
Rainmaker
2,781,173
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Escrow handles this if & when. In todays world of Real Estate, this is a NO-NO

Jan 17, 2017 08:13 AM
Rainmaker
911,338
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Nope. I have read stories about it happening, and those brokers had their licenses revoked in most cases.

Jan 17, 2017 07:38 AM
Rainmaker
4,572,183
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Yikes.   That has never happened to me.   It will be interesting to see the answers of those who have had this experience.  

Jan 17, 2017 07:03 AM