

353,915
I would never take a subordinates bonus. They obtained the client, did the work, they get the cruise, nor would I expect a subordinate to leave their listing with me if they moved on to another brokerage. I believe in Karma. Yes, it does get run through the brokerage, but that doesnt mean you cant' turn around and give it back to the agent.
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Tamra Lee Ulmer
Payson, AZ
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Pete Xavier
Pacific Palisades, CA
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
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John Meussner
Fair Oaks, CA
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Kasey & John Boles
Boise, ID
5,774,106
As the broker/owners all compensation came to us. We always gave the full amount to our agent, and that included plane tickets, cruise tickets, etc. As far as we were concerned, it was the right thing to do. A
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Tamra Lee Ulmer
Payson, AZ
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Pete Xavier
Pacific Palisades, CA
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
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Inna Ivchenko
Encino, CA
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Kasey & John Boles
Boise, ID
2,231,519
In my company, bonus are paid to the agents at 100%
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Tamra Lee Ulmer
Payson, AZ
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Bob Crane
Stevens Point, WI
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Debe Maxwell, CRS
Charlotte, NC
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Anthony Acosta - ALLAT...
Atlanta, GA
1,466,257
Nathan Gesner This should be outlined in your Policy and Procedures Manual. All monetary and non-monetary bonuses belong to the broker. My policy was to pass it along to the agent.
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Debe Maxwell, CRS
Charlotte, NC
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Kasey & John Boles
Boise, ID
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Doug Dawes
Topsfield, MA
3,448,066
I am my broker. Whatever is lawful and legal ... I can do ... no need to pass the decision through congress.
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Elyse Berman, PA
Boca Raton, FL
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
6,770,326
I think that the law gives it to the broker, but most give it back to the agent.
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Bob Crane
Stevens Point, WI
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Anthony Acosta - ALLAT...
Atlanta, GA
1,657,908
In ca, there is a form for any buyer compensation over the asking price. Do they want to give you personally 5k cash tip?
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
1,759,237
It would go through the Brokerage Acount, but ultimately; we get it. Non-monetary gifts do not count. It is up to the giver to issue a 1099, but hasn't happened yet! Please sent to...
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
5,561,993
I passed all bonuses through to the agent. In some cases I was forced to charge a franchise fee against its monetary value!
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
2,365,265
What Ken Jones Real Estate Advisor said... and then Ron and Alexandra Seigel said is what I would have done.
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
5,292,474
I would say the broker gets part of it.
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
5,585,039
ditto to what Ken Jones Real Estate Advisor said....
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
2,873,448
Everything in Real Estate is negotiable....Find "happy"
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Tamra Lee Ulmer
Payson, AZ
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Doug Dawes
Topsfield, MA
5,180,649
Bonus yes, gifts no
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
773,896
Monetary gifts are required to be run through the brokerage.
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
5,560,447
We are required to run cash/monetary gifts through our broker, Nathan.
Other gifts are prohibited in North & South Carolina if they are 'of value' and I believe the limit is $100. They can take us to dinner and pick up the tab but, our state is very strict about not accepting gifts from our clients. Delivered items such as flowers or other deliverables are excluded (because you can't send them back and get a refund).
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Anthony Acosta - ALLAT...
Atlanta, GA
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Doug Dawes
Topsfield, MA
3,346,422
Never had any that generous and not sure of the legality.
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Debe Maxwell, CRS
Charlotte, NC
3,692,737
Well that's easy for me as I'm the broker. It probably would go into the business account. If it's an agent yes there is a split. I've never run into your last question with an agent.....intereting question.
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Debe Maxwell, CRS
Charlotte, NC
544,164
If you are in a company, like that puts a cap on the annual dollar amount you pay the broker, then it doesn't matter if the broker takes a split of the monetary bonus. If you haven't capped yet, it will get you to your cap faster, and you'll start keep 100% of your commissions faster. If you have already capped for the year, you'll keep 100% of all commissions and bonuses anyway. I don't know if we're allowed to mention company names here, but you can google which companies let you keep 100% of your commissions after capping.
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Debe Maxwell, CRS
Charlotte, NC
3,988,144
All monies are treated the same under our commission split. Nobody give cruise tickets in our area so that has not come up.
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Debe Maxwell, CRS
Charlotte, NC
1,546,624
Well, if it did happen I'd get to keep it. If it were something like a cruise or baseball tickets, I'd get to keep them. Depending on what they were, I'd probably invite my broker to come along. Especially on Dodger tickets, since he likes baseball and I don't.
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Debe Maxwell, CRS
Charlotte, NC
2,718,403
In Florida, everything belongs to the broker. I know brokers who let agents keep any bonus; I know other brokers who consider it part of the split.
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Debe Maxwell, CRS
Charlotte, NC
1,278,646
1,269,349
1,713,581
I have never done bonuses or non-monetary gifts.
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Doug Dawes
Topsfield, MA
2,259,613
This is something that should be worked out upon Affiliation!!!
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Doug Dawes
Topsfield, MA
5,204,299
It's not come up but I believe the funds must go through the brokerage
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Doug Dawes
Topsfield, MA
8,241,008
It depends upon your agreement with your broker.
Those of us with 100% agreements get to keep all of the compensation.
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Doug Dawes
Topsfield, MA
921,504
Takes a cut of currency.
A pass on personal gifts.
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Doug Dawes
Topsfield, MA
5,391,976
I don't split commissions with my broker. I only pay a franchise fee. Have never received anything like cruise tickets (and don't want to, as I get seasick). Really, at the end of the day, I've never had a client offer such a significant bonus. I tell them to just take it off the price of a home.
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Doug Dawes
Topsfield, MA
6,056,515
Being the Broker, don't have to worry about this, but never have had a bonus paid over the commission charged.
1,014,538
3,074,716
4,322,295
Nathan Gesner - All the financial dealings should be through the broker only.
I am yet to receive the non-monetory BIG gifts like cruise tickets. (I do get some small gifts at times, though.)
637,764
Another reason I am my own broker. More important, I need to "disclose" these to the Uncle Sam.
3,986,529
Technically, by Minnesota law all monetary consideration from a client needs to clear the brokerage, that includes a lunch. One there it is up to your contract with the Brokerage.
796,739
It depends. Is this a gift before or after the close of escrow? We are a 100% office so it wouldn't need to be split but disclosed if it were during the transaction. A gift after closing would be a personal gift as long as it wasn't a pre-made agreement. Consult an Attorney before taking my answer as gospel.
1,642,204
It has to run through escrow in CA as I recall from my last one, because they are paying my broker, not me technically; but I don not have a split with my broker. If I was my own shop AND my own broker, different rules.
I would not accept anything but $$$ personally.