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Rainmaker
2,784,716
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

The true test is if it is enforcebale...

Aug 13, 2021 11:43 AM
Rainmaker
913,568
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Total bs and sounds illegal. It looks like it's stamped " Unofficial ".

Aug 13, 2021 11:10 AM
Ambassador
2,684,569
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

That looks hokey to me.  See an Attorney. 

Aug 13, 2021 01:14 PM
Rainmaker
1,206,371
Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Nope and no one else likes it either.

Aug 13, 2021 01:10 PM
Ambassador
3,589,741
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Never seen this Wanda!

Aug 13, 2021 12:35 PM
Rainmaker
5,772,587
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Wanda,

I have not seen this or heard of this until you brought it up.  It is Mad, mad world!  A

Aug 13, 2021 11:25 AM
Rainmaker
1,847,041
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

No way here in IL. It's totally illegal. Ok, it's unenforceable too.

I remember something similar under a buy-back program from the board but never demanding use of a specific brokerage.

Aug 13, 2021 10:53 AM
Rainmaker
1,201,612
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

Really? Doesn't pass the smell test for me.

Aug 13, 2021 04:06 PM
Rainmaker
766,079
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

I haven't but it surely looks illegal to me but I'm not an Attorney.

Aug 13, 2021 11:08 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Yep. Not a new thing.
It mainly affects those owners who are leaving so they are not longer around to make a fuss.
The community supports the arrangement because the HOA benefits and the revenue keeps fees lower.
A seller CAN select another brokerage but the seller will still pay the fee.
Very much like what relocation companies do.

Aug 13, 2021 01:58 PM
Rainmaker
1,506,163
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I think I've seen stuff like that in the past.

Aug 13, 2021 01:49 PM
Rainmaker
1,056,432
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

NOOOOO! They cannot compel that!!!

Aug 13, 2021 12:15 PM
Ambassador
3,349,554
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Miss Wanda Kubat-Nerdin - Wanda Can! 

I have not seen anything like that ... yet. 

Aug 13, 2021 04:52 PM
Rainmaker
7,864,108
Roy Kelley
Retired - Gaithersburg, MD

An interesting challenge. 

Aug 13, 2021 01:12 PM
Rainer
420,003
Caroline Gerardo
Licensed in 20 states - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

Violation of RESPA, $10000 fine and one year in jail. 

Aug 14, 2021 07:48 AM
Rainmaker
4,582,434
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

There is no shortage of weird stuff "out there" and I do mean "out there".  

Aug 14, 2021 07:10 AM
Rainmaker
1,323,219
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

The restrictions shown are likely to be illegal and in violation of anti-trust laws.

Aug 13, 2021 05:29 PM
Ambassador
5,254,655
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

WOW! I don't think that would fly in my area, Wanda! 

I believe the real estate commission in your state would have a hay day with this. No one can dictate who the consumer can hire for a real estate transaction here. I would hope it's the same there!

Do let us know how this pans out.

Aug 14, 2021 10:54 PM
Rainmaker
1,092,947
Diana Zaccaro Broker Associate
ZOOM Realty Group - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

No and if I do, it will be time to lawyer up!

 

Aug 14, 2021 06:02 PM
Rainmaker
5,240,010
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Never seen it. Probably not legal. If I did see it, I would advise my customer to move on!

Aug 14, 2021 04:48 AM
Ambassador
6,418,429
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Not here, however nothing surprises me in what people will try to get away with.

Aug 14, 2021 01:40 AM
Ambassador
5,060,704
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

No,I haven't seen this in my area

Aug 13, 2021 08:13 PM
Rainmaker
808,279
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

I've never seen anything like this Wanda. 

Aug 13, 2021 06:42 PM
Rainer
381,027
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

"standard and customary fees"  that doesn't sound right.  And are they saying you have to list with a certain brokerage?  that doesn't sound right either.

Aug 13, 2021 04:13 PM
Rainmaker
902,038
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

My sense is that this cannot be done. You need to find the specific law that addresses the issue in your state.

Aug 15, 2021 10:07 AM