I just don't get it. We have more than 600 + realtors in town. I know many of you have thousands of more, but in a town when three or four years ago we only had 300 + that is amazing. I can't tell you the number of people who have "ethical" issues so I sort of feel that I have a calling even though I didn't know it when I entered this industry.
A recent ethical delima came up with bonuses offered to agents. In the state of Missouri, you enter into a buyers agency for a certain percentage. That document authorizes you to get paid from the seller, however, if the seller were to offer a bonus for bringing a buyer, you are ethically and legally required to notify the buyer of such so that you can collect the bonus. What ever is offered above the buyers agency agreement.
Now why would a buyer authorize you to accept 3% plus 5-10 thousand more for a contract? Question, is it in your best interest or your buyers. In the end, you must ask if this is in your buyers best interest.
Whatever is best for you buyers in sellers will be best for you in the long run. Focus on the end run. Not the immediate gradification!!
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