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At least in our state the Brokers and agents page and names is not part of the contract.
I'm sure it's not in hers either. It's probably listed somewhere the agents and brokerages for the buyer/seller but not "part of the contract" that would require the contract to be broken to switch brokerages.
If the BIC for her company is telling their agents that it's a dirty dirty trick to keep agents from moving around IMO.
The buyer can go wherever they want in theory. But if they are under contract and close on that property, the broker listed on the sales contract will receive compensation unless stated otherwise in a buyer rep agreement.
Location: Sarasota/ Bradenton - University Pkwy area
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Quote:
Originally Posted by Positive2
When moving to another broker and you have a buyer under a purchase contract and no Buyers Rep. Form can that buyer elect to move to another broker before the property closes.?
Did you sign an independent contractor / broker agreement when you started with your company? Most brokerages require them. The contract typically spells out what happens when an agent elects to leave as to commission splits, etc.
IF you are attempting to get around the terms of that agreement on your departure, my advice is DON"T.
Contracts belong to the brokerage, not the agent, and NAR has explicit language regarding agents conduct when leaving a brokerage:
Standard of Practice 16-20 amplifies this obligation and expands on a REALTOR®’s conduct both before and after leaving a brokerage: "REALTORS®, prior to or after terminating their relationship with their current firm, shall not induce clients of their current firm to cancel exclusive contractual agreements between the client and that firm."
Your current broker may file an ethics charge against you if your buyer attempts to move the contract to another brokerage with you. Plus, the seller may have something to say about your interference with the contract already in place.
Better to sit down with your current broker and attempt to resolve any issues together, rather than attempting to circumvent the broker.
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