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Rainmaker
3,173,497
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Never ever discuss commissions except to tell your agents your office policy! You must be the lone wolf to avoid potential problems!

Jun 06, 2016 08:21 AM
Rainmaker
1,523,566
Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

I think in this situation we can't be too careful.

Jun 06, 2016 06:54 AM
Ambassador
2,345,039
Fred Griffin presently on Leave of Absence
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

     Discussing commissions or fees with other real estate practitioners, even in other states, is ill-advised.  You do not want to face the wrath of the U.S. Department of Justice Anti-Trust Division.

Jun 06, 2016 04:26 AM
Rainmaker
1,367,527
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Roy Kelley I believe this answers the question:

"Price fixing is an agreement (written, verbal, or inferred from conduct) among competitors that raises, lowers, or stabilizes prices or competitive terms."

I would say any discussions in a public forum falls into this category.

P.S. I didn't see Kenneth J. Jones answer. It looks like we're on the same wavelength.

Jun 06, 2016 03:15 AM
Ambassador
4,064,712
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Yes, their interpretation of the law is very broad, so we have to be careful everywhere.

Jun 07, 2016 10:02 AM
Rainmaker
823,688
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

It's always better to be safe than sorry IMO

Jun 06, 2016 10:40 PM
Ambassador
4,298,296
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Roy Kelley - thanks for sharing the link. And to best of my knowledge, we should not discuss about commission.

Jun 06, 2016 03:42 PM
Ambassador
3,673,547
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

My understanding is that it restricts (prohibits) conversations between agents or brokers from different real estate companies in Q&A, in blogs or any place else.  I remember when Shannon & Luchs and some other guys were have a conversation at some country club that was overheard by some anti-trust lawyer at Justice.  Nobody went to the slammer, but years later when I was the managing broker for their downtown office, I had to do four training sessions each year on the subject for my agents.  

Jun 06, 2016 01:18 PM
Rainmaker
800,056
Diana Zaccaro
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

Yes, not a good idea whether in your state or outside of it.

 

Jun 06, 2016 01:14 PM
Ambassador
3,981,962
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

I do not engage in commission discussions with agents outside of my office with my broker. If a discussion starts I remove myself. 

Jun 06, 2016 12:36 PM
Rainmaker
3,977,717
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Dangerous ground with that subject in conversation

Jun 06, 2016 12:14 PM
Rainmaker
1,648,883
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

I think that such discussions are not worth testing the limits of the law

Jun 06, 2016 11:13 AM
Rainmaker
2,394,765
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Yes, I wouldn't discuss it...

Jun 06, 2016 10:59 AM
Rainmaker
4,796,551
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

It shouldn't stop a discussion, though it should stop collusion.

Jun 06, 2016 06:09 AM
Rainmaker
1,212,814
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

There is a lot of letter v. spirit interpretation that can go on with those rules.

Jun 06, 2016 05:37 AM
Rainmaker
783,646
Susan Laxson CRS
HomeSmart Professionals - La Quinta, CA
Local Knowledge & Global Network

I would say yes and agree with Kenneth J. Jones 

Jun 06, 2016 05:03 AM
Rainmaker
1,508,307
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Real Estate

Yes Roy, thanks for posting that. Hope we can get some noobs to read them.

Jun 06, 2016 04:59 AM
Rainmaker
4,321,611
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Roy, I think Kenneth J. Jones has the answer.  A

Jun 06, 2016 04:06 AM
Rainmaker
526,069
Mike & Eve Alexander
Buyers Broker of Florida - Orlando, FL
Exclusively Representing ONLY Orlando Home Buyers

Anti trust and price fixing relates to setting prices with "competitors".  When agents are in different states they are not "competitors". 

However with that said, I don't think it is wise to discuss commissions.

Eve

Jun 06, 2016 01:36 AM
Rainmaker
3,074,835
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I would have to say not to be discuss here.

Jun 06, 2016 01:25 AM
Ambassador
1,613,518
Harry F. D'Elia
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I do not discuss

Jun 27, 2017 05:43 AM
Rainmaker
745,017
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

FREE opinion of value.

$1 for an opinion of value.

Rebate 100% of $500 fee for opinion of value if listed with agent.

$300 for an opinion of value.

Now, if this appears on my AR blog, or on the US 19 Billboard or in the Q&
A section of Active Rain that is publicly viewable all play a role regarding price fixing. Maybe a response to another question that explicitly seeks price and compensation information is more pertinent.

And does the reasonableness of the answer have a bearing such as $1,000,000 for that 3/2 bungalow opinion of value?

But I do believe an effective marketer could take excerpts of such a discussion and create a better marketing strategy.

Yes, the FTC does frown on competitors COLLUDING on price.

 

Jun 06, 2016 02:22 AM
Rainmaker
2,426,419
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Roy...I dont think discussion comes under banning rules. Freedom of speech prevails

Jun 06, 2016 02:14 AM
Rainmaker
1,157,264
FN LN
Toronto, ON

This is an excellent legal question which I am not licensed to answer.

Jun 06, 2016 01:24 AM