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Ernest Enriquez
Dec 14, 20231 min read
Share This With Consumers: Guide to Real Estate Commissions
There’s a lot of misunderstanding about how real estate commissions work: Is there a standard commission? What controls the commission...
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Ernest Enriquez
Jul 16, 20231 min read
What Is a Variable-Rate Commission?
The REALTOR® Code of Ethics defines a variable-rate commission arrangement as a listing in which one amount of commission is payable if...
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Ernest Enriquez
May 30, 20231 min read
What You Can’t Say About Your Commissions
In my marketing and when talking to prospective clients, I say that I charge the standard commission for my city. Is that OK? No. There...
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Ernest Enriquez
May 27, 20211 min read
How to Secure Compensation in FSBO Situations
My client wants to make an offer on a for-sale-by-owner property. What is the best way to approach the seller with the offer and make...
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Ernest Enriquez
Jan 10, 20211 min read
Negotiating Commissions
As a sales agent, you must have your broker’s knowledge and consent to negotiate commissions with clients. All representation agreements...
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Ernest Enriquez
Apr 29, 20191 min read
Want to Protect Your Commission? There’s a Form for That
In any given transaction, there are several different agreements that affect broker compensation. Such compensation can be addressed in...
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Ernest Enriquez
Jan 29, 20191 min read
Commission Dispute? Here’s What You Need to Figure Out
If you and another REALTOR® disagree about who earned the commission in a sale, the decision of an arbitration panel will turn on which...
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Ernest Enriquez
Oct 2, 20181 min read
Can Offers of Compensation in the MLS Be Conditional?
From the Legal Hotline: MLS Offers We sometimes get calls about whether listing brokers can make offers of compensation listed in the MLS...
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Ernest Enriquez
Aug 17, 20181 min read
Where not to put Commission Amounts in the Residential Contract
From the Legal Hotline: The Wrong Place for Commission Negotiations We sometimes get callers who ask whether they can put a commission...
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Ernest Enriquez
Mar 26, 20181 min read
Who has to be involved in commission negotiations?
Can a Sales Agent Negotiate Commission Directly With a Client Without Their Broker's Knowledge or Involvement? No. Commission...
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Ernest Enriquez
Jul 25, 20171 min read
What to say when you’re asked to lower your commission
Try these strategies the next time a prospective seller asks you to cut a deal on your commission. Ask why. The obvious reason is to save...
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Ernest Enriquez
Jun 9, 20171 min read
5 steps to get your commission from a FSBO
Follow this order of signing documents so you have a for-sale-by-owner seller’s written agreement to pay your fee before the parties sign...
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