Um, YES, the Broker Owns the File

Good points.  A lot of persons are often confused about what is "theirs" vs. their "brokers".

My first thought was not the agents erroneous thinking but what is she doing that she doesn't want the broker to see and why hasn't she be shown the door, not someone I would even consider keeping in my office for an additional minute.

Maybe her state doesn't cover agency in their license exam or continuing ed, you just send in 3 boxtops and a check and what do you know, you get a license, but no secret decoder ring.

J. Philip,

There is really no good reason to read the comments as you are absolutely correct. This agent's files may be very interesting reading. What a good case for tougher license classes and testing.

That's a weird one.  Someone needs some further education.  Maybe the broker?

I have to agree with you JP. File, client, all paperwork belongs to the broker. Listing is the brokers, not the agents. She better bone up on licensure for her state.

Let me say it again. The Broker is in charge. One more time-Broker in Charge.

Wow, this was a very surprising post.  I would not have expected a broker ever not to be privy to every file in the office.

Hi Phil - There's no question you're right, but I have known a few brokers I wish I could have kept away from the files - dangerously ignorant and ethically challenged.

J Phil~UNHEARD OF. Ridiculous.I had no idea that someone could pull these shenanigans. My principal's broker's license is at stake with EVERY TRANSACTION I do and she pays VERY close attention to every single detail. She is my eyes and ears for Heaven's Sake!

Glad this got featured. Haven't seen you for awhile, but hey, we who are reaping the benefits of a better real estate weather pattern are happy to be busy!

Phil, I can't imagine how someone could think otherwise! Sure, I keep my files in my office and most of the time my broker doesn't know what's going on unless I close on the property and turn in the paperwork. But I also know they're technically HIS clients and he can see the paperwork any time he wants to.

Very strange. Yeah, our Broker owns all of our files as well. Weird how things can operate around the country.

J Phil,

I thought you might be in a better mood after going to bed with your Harem! :)

Cal

I thought that was a pretty funny thread. 

In some ways I wanted to validate that gal's point that a broker who lists and sells has responsibilties not to interfere with agents' transactions.

If the managing broker lists and sells, I wonder what would trump...duty to supervision of an agent or duty to fiduciary to the broker's client. 

Yes the broker owns the files and the responsibility that goes with the ownership.

Probably just a misunderstanding of how things really work. I imagine the agent got schooled since no one here has the same understanding as her.

Wow! Sounds to me like there is something missing at this office and it's most likely education, management or communication. I can't even imagine locking files away from our broker. Sounds like some training could really set this agent straight.

Hi Phil:  Amazing! I cannot imagine in this day and age that an agent would think that.. wait a minute.. Yes I would.

Wow!  Talk about totally misunderstanding the rules.  Glad she is not with my firm!

Education..Education and some more education...

Is that agent nuts?  What on earth would possess her to discuss this stuff on fb?  How does she know members of your board aren't reading this?  Crazy.