Help Me... Help Her... "How do you know when it's time to move on?"

By
Education & Training with Sell with Soul

One of my very favorite Active Rainers has a dilemma... she asked me to ask you to help her... under a veil of anonymity, 'cause, well, y'know...

So... here's the situation. Thoughts?

"Currently my license is placed with a brokerage that takes 50% of my commission. When I signed up, this didn't bother me as there were a lot of things my office did to support me/my business and therefore EARN the split. In less than one year, though, a lot has changed:  

  1. Our company has significantly cut newspaper ads. We used to have 3 full pages every weekend, now we have 1 full page. 
  2. All our listings used to be automatically 'enhanced' on Realtor.com - now we have to pay for this.
  3. Our office used to supply 100 Just Sold and Just Listed cards for every listing/sale. These were automatically mailed to a radius around the sale/listing. Now they will only do 50. 
  4. Our secretarial staff has been cut from 3 to 1. With over 130 agents in our office, the one secretary is obviously overworked and there are numerous mistakes happening. We aren't allowed control over entering our own listings in the MLS, and consequently we spend a lot of time chasing people down to 'fix' new listings.
  5. Our company increased its BS Fee (they call it Broker Administrative Commission... I call it the BullS--- Fee) and will no longer waive it for FHA buyers or for any sellers unless they pay a higher commission. I just LOVE explaining this extra commission (that I don't get a cut of...)
  6. I had a listing get 'hijacked' on Craigslist over the weekend. Someone put it up for rent as part of a scam. I called my broker for help in dealing with it. Her response "well our office didn't post it. What do you want us to do?" Um, how about SUPPORT me?  

Our office will still pay for all the postage you want, and there are many who take full advantage of this. But I don't because I'm a SOULful agent and know that no one ever got a listing because of a refrigerator magnet.   Maybe I'm just particularly irritated tonight... but I can't help but wonder if there aren't greener pastures out there?"

My initial thoughts below...

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Comments 46 New Comment

Rainmaker
134,415
Paul Francis
Las Vegas Real Estate - Summerlin Homes - 702.592.
Prudential Americana Group - REALTORS

Services have been cut since the agreed upon commission split... time to re-negotiate that commission.. or move on. It's obvious that the attitude towards the brokerage has changed... and it's not a positive one.

How can you stay with a Brokerage if you have a negative attitude??

 

August 20, 2008 09:01 PM
Anonymous #43
Anonymous
Anonymous

Review any agreement you have with your broker....do you have to stay a certain amount of time before you can leave?  Do you have to provide a notice without incurring penalties? 

but....to kick the horse one more time....MOVE OUT!  Moving listings/clients isn't all that difficult and it gives you another reason to call/take them to lunch and develop the relationships.  Make lemonade.....

August 21, 2008 04:59 PM
Ambassador
1,200,789
Erica Ramus
MRE, Schuylkill County PA Real Estate
Erica Ramus - Ramus Realty Group - Pottsville, PA

#6 is the biggest reason to leave. Never stay with a broker who won't back you up! Even if she cannot do anything physically to get it off Craigslist, she should have listened and brainstormed how to approach it.

Leave. Now. Not for the money, but because this list will only get longer now that she's dissatisfied.

August 21, 2008 06:09 PM
Rainer
213,039
Doreen McPherson
Phoenix Arizona Real Estate ~
Homesmart ~ Scottsdale ~ Tempe

I haven't read all of the comments, but I saw a couple.  I agree with check your options and ask lots of questions.  I also recommend Keller Williams, but have heard it is important to make sure you get the right fit there also.  Good luck to your friend. 

August 22, 2008 07:42 AM
Ambassador
1,200,789
Erica Ramus
MRE, Schuylkill County PA Real Estate
Erica Ramus - Ramus Realty Group - Pottsville, PA

Go with your gut, always!

August 22, 2008 08:07 PM
Rainmaker
428,274

Jennifer Allan-Hagedorn

Author of Sell with Soul
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