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Share This With Consumers: Guide to Real Estate Commissions
There’s a lot of misunderstanding about how real estate commissions work: Is there a standard commission? What controls the commission...
Ernest Enriquez
Dec 14, 20231 min read
What Is a Variable-Rate Commission?
The REALTOR® Code of Ethics defines a variable-rate commission arrangement as a listing in which one amount of commission is payable if...
Ernest Enriquez
Jul 16, 20231 min read
What You Can’t Say About Your Commissions
In my marketing and when talking to prospective clients, I say that I charge the standard commission for my city. Is that OK? No. There...
Ernest Enriquez
May 30, 20231 min read
How to Secure Compensation in FSBO Situations
My client wants to make an offer on a for-sale-by-owner property. What is the best way to approach the seller with the offer and make...
Ernest Enriquez
May 27, 20211 min read
Negotiating Commissions
As a sales agent, you must have your broker’s knowledge and consent to negotiate commissions with clients. All representation agreements...
Ernest Enriquez
Jan 10, 20211 min read
Want to Protect Your Commission? There’s a Form for That
In any given transaction, there are several different agreements that affect broker compensation. Such compensation can be addressed in...
Ernest Enriquez
Apr 29, 20191 min read
Commission Dispute? Here’s What You Need to Figure Out
If you and another REALTOR® disagree about who earned the commission in a sale, the decision of an arbitration panel will turn on which...
Ernest Enriquez
Jan 29, 20191 min read
Can Offers of Compensation in the MLS Be Conditional?
From the Legal Hotline: MLS Offers We sometimes get calls about whether listing brokers can make offers of compensation listed in the MLS...
Ernest Enriquez
Oct 2, 20181 min read
Where not to put Commission Amounts in the Residential Contract
From the Legal Hotline: The Wrong Place for Commission Negotiations We sometimes get callers who ask whether they can put a commission...
Ernest Enriquez
Aug 17, 20181 min read
Who has to be involved in commission negotiations?
Can a Sales Agent Negotiate Commission Directly With a Client Without Their Broker's Knowledge or Involvement? No. Commission...
Ernest Enriquez
Mar 26, 20181 min read
What to say when you’re asked to lower your commission
Try these strategies the next time a prospective seller asks you to cut a deal on your commission. Ask why. The obvious reason is to save...
Ernest Enriquez
Jul 25, 20171 min read
5 steps to get your commission from a FSBO
Follow this order of signing documents so you have a for-sale-by-owner seller’s written agreement to pay your fee before the parties sign...
Ernest Enriquez
Jun 9, 20171 min read
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