Are Bay Area Agents Entitled to a Commission in Sacramento?

By
Real Estate Agent with Lyon Real Estate BRE #00697006

I do not pretend to know everything about Sacramento real estate but I know enough about small details that I tend to follow the rules. Being high profile also means I need to set an example for other agents. People listen to me. That's a responsibility I do not take lightly, and I always try to be as accurate as possible about everything I write.

When I spot an issue or some unusual event that I think others would benefit from hearing about, I tend to write about it. This particular situation involves both Sacramento listing brokers and their agents as well as agents from other cities in California, including Bay Area agents. You can read more in my personal blog today at this link: Sacramento Listing Brokers Are Not Required to Pay All California Agents.

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Certified HAFA Specialistelizabeth weintraub

 

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Elizabeth Weintraub is an author, home buying expert for About.com, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area with an emphasis on Elk Grove. Call Elizabeth Weintraub at 916.233.6759. Put 40 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. BRE License # 00697006.

The Short Sale Savior, by Elizabeth Weintraub, available with free shipping.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of Lyon Real Estate. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

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Rainmaker
3,336,552
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Hi Elizabeth, hope you enjoyed your Thanksgiving Holiday!   If we get an out of MLS area agent, we have to have an agreement for commission paid, or they are not guaranteed payment at closing.

Nov 25, 2016 09:51 AM #1
Rainmaker
2,518,481
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

Elizabeth, It helps to know what one is doing. I recently listed a home in another County. I had to join the MLS and get my key programmed to work there. I marketed in both MLS's.  May Bay Area agents showed the home. The buyer's agent was from the Bay Area. He did not have key access. The sellers had to provide access. We do what we can to make a sale happen.  We cannot pay a commission to someone who merely possesses a license. 

This kind of wacky always makes great fodder for a blog post. Well done. 

Nov 25, 2016 10:16 AM #2
Rainmaker
1,926,661
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

Joan Cox May I say how delighted I am that you popped back over to AR? Missed you, Joan!! Yes, it is surprising how many agents do not realize they are not automatically entitled to a commission, just because they have a license.

Nov 25, 2016 12:17 PM #3
Rainmaker
1,926,661
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

Kathleen Daniels Yes, that last agent sorta took the cake. I could not believe it! You are so on top of the game, Kathleen!

I've had unfortunate encounters with a few agents (who were in the minority of those I talk to from the Bay area, I should add) who were completely rude, arrogant. You wanna say, look buddy, don't you know that nasty attitude is gonna cost you? It doesn't work in real estate, and it doesn't work in most business atmospheres.

Nov 25, 2016 12:23 PM #4
Rainmaker
4,042,257
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Elizabeth.  There are many folks with real estate licenses with no clue about the rules and regulations pertaining to compensation.

Nov 26, 2016 05:08 AM #5
Rainmaker
2,784,848
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hi Elizabeth -- I remember a call a few years ago from an agent who said he possessed a California Broker's License, lived in Pennsyvlania and wanted me to provide him with the correct documents to write an offer on one of my listings.  While I try to be accommodating to assist my clients within reason, there were already 30+ offers submitted and this guy told me he wanted to write a "very good" offer at 10% below list price.    LOL.  He didn't quite "get" the current market.  

As Kathleen Daniels wrote, these situations do make good blogging fodder.  

Nov 26, 2016 08:47 AM #6
Ambassador
2,870,043
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Northern VA

Just because you passed a real estate licensing test doesn't entitle you to anything.  There are some many rules and regulations.  They don't necessarily give you all you need to know when you pass that licensing test.

Nov 26, 2016 01:46 PM #7
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Rainmaker
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