This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Real Estate/Development

Sep. 9, 2003

Is This What We Truly Want Our Industry to Be Like?

BY JIM GILLESPIE I'm hearing very disturbing reports from agents around the state. Listing agents and procuring agents used to divide the commission from a transaction in a manner that was fair and equitable to both sides. But this doesn't seem to be happening anymore.

BY JIM GILLESPIE

I'm hearing very disturbing reports from agents around the state. Listing agents and procuring agents used to divide the commission from a transaction in a manner that was fair and equitable to both sides. But this doesn't seem to be happening anymore.

Some listing agents are offering procuring agents a very small portion of the commission being paid by the owners on their transactions.

Also, these agents often do this without te...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Sign up for Daily Journal emails