Is my broker entitled to 50% commission if he didn't participate in the deal at all?
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[{"id": "dn6ou3s", "text": "I'd check your agreement. ", "replies": [{"id": "dn710cs", "text": "This is the only real answer. The listing agreement will dictate the terms under which the agent gets paid. ", "replies": [], "depth": 2}], "depth": 1}, {"id": "dn6tpa8", "text": "Usually the broker fills his side of the deal when they find a ready willing buyer/seller for the type of property you were looking to buy or sell.  If they had anything at all to do with finding the property, or guiding you on your search then they probably get the commission. If you did literally everything, then no he isn't entitled.  First look at the exclusivity clause in your contract for more information.  Everything should be spelled out clearly somewhere in the contract, or next time use a lawyer. \n\nParticipating in the deal itself, and finding a ready willing buyer/seller can be two different things.  If they helped you find the other party then they get the commission, regardless of whether they helped you negotiate the terms. \n\nOther considerations might be how large the brokerage firm is, you might not want to get blackballed as a reneger.", "replies": [], "depth": 1}, {"id": "dn6voff", "text": "Details?", "replies": [], "depth": 1}, {"id": "dn78edw", "text": "I'm assuming when you joined said firm/company, you signed some kind of contract/agreement, correct? That document should clearly outline the commission split the broker is entitled to on any given transaction. If that document says it's 50%, then it's 50%\n\nIt's not uncommon at some firms for the broker to take a large chunk of change for 'doing nothing', but splits get better the more experience you get. A lot of brokers do a lot behind the scenes to add value, that isn't necessarily obvious to some. ", "replies": [], "depth": 1}, {"id": "dn7pdfu", "text": "No listing, no contract, you did all the work, you get all the commission. You should see about setting up a contract with the solar company, so you get a commission for bringing them deals.", "replies": [], "depth": 1}, {"id": "dn8ihdm", "text": "Do you have a written contract? If the answer is no then the contract is voidable per Statue of Frauds.\n\nDo you have a written contract? If the answer is yes then the contract should be named Listing agreement. Therefore the question is what type of agency relationship you signed on. Exclusive Right to Sell, Exclusive Agency, or Open Listing.\n\nPS: I'm not a lawyer so careful with my lawless opinion.", "replies": [], "depth": 1}, {"id": "dn9j9jl", "text": "This a real estate deal plain and simple. You have a \"tenant\" whom you represent. On their behalf you have reached out to Landlords in order to fill the requirement. You have found a landlord or landlord(s) interested in leasing your client space. Now are about to negotiate terms. It does not matter if it's a solar panel, cellular antenna or staffing firm. If the deal closes you are entitled to your cut of the commission. The terms of payment between you and your broker should be in writing. ", "replies": [], "depth": 1}]