Can My Broker Receive Commission In Another State? | REALTOR ...

Q: Can my broker in Michigan receive 1/2 the commission for a home he finds in Nevada, or it is only a ?referral fee? that is awarded?
?Jean, Pontiac, MI

A: That is a point of negotiation between your broker and the Nevada broker. As long as it is legal for the Nevada broker to pay a fee to an out-of-state broker, the amount of the fee is negotiable. There would be nothing wrong with a 50% referral fee, as long as it is legal and both brokers agree.
Phil Lunnon is a Realtor? with Lunnon Realty in Lakewood, CO.

A: If your broker is licensed in Michigan he could receive commissions. If he is not licensed, he could receive a referral fee.

JoyceM
Joyce Mitchell is a Realtor? with Mitchell & Associates Real Estate in Bigfork, MT.

Are you interested in having a qualified REALTOR answer your questions? Click through to Ask a REALTOR? now.

Are you a REALTOR who would like to answer consumer questions? Click through to become an Ask a REALTOR? participant.

Related posts:

1. Can A Licensed Realtor Sell A Home In Another State And Receive A Commission?
2. Can I Get A Referral Fee From A Realtor In Another State?
3. If A Non-Agent Finds A Buyer Who Owes Commission?
4. What Are The Steps When A Seller Refuses To Pay Commission?
5. My Realtor Is Demanding A Commission For More Than He Deserves

Source: http://www.realtor.com/blogs/2012/10/15/can-my-broker-receive-commission-in-another-state/

hepatitis c symptoms david bradley david foster wallace pinterest attwireless taylor swift zac efron the scream