Q: I have a pending real estate transaction that involves a listing agent who's refusing to split the commission. Advice?
I am the procuring agent in this transaction as I brought the buyer to the table... the property hadn't sold in years after being listed with same agent.
A: If you are both members of the National Association of Realtors, GCAAR (and/or MAR) and the MRIS, there is a mandatory arbitration system maintained by either GCAAR, MAR, or MRIS. That might be useful, or you might get a lawyer involved early on in the hopes that, by communications with the responsible broker rather than the sales agent, you can get to a reasonable position.
A: Did you have a contract with the buyer re: commission? Did you have an agreement with the seller or seller's agent re: commission? Otherwise, arbitration may be an avenue towards resolution. More details are necessary to provide a professional analysis of your issue. The best first step is an Initial Consultation with an Attorney such as myself. You can read more about me, my credentials, awards, honors, testimonials, and media appearances/ publications on my law practice website, www.AliEsq.com. I practice law in CA, NY, MA, WA, and DC in the following areas of law: Business & Contracts, Criminal Defense, Divorce & Child Custody, and Education Law. This answer does not constitute legal advice; make any predictions, guarantees, or warranties; or create any Attorney-Client relationship.
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