Karoll-Ann Fanfan

THANKS for all your comments. I just got my money.

Nevertheless, I do think that we are left unprotected against those broker and start wondering what can i do to change that????

This really an outrage,

It happened more often than you think and I feel that there is not enough law in place to protect agents from broker's keeping their hard earned commission just because they feel like it.

I recently had a closing. The policie of the office (wwhich Thank GOD I have a signeddcopy bbyy the brokerr) says when an agent have a closing by the time he turned in a complete file with the check the office will disburse the commission check within 5 business days after receiving everything.

I remember asking the broker when I was signing up why the 5 business days and he answered "to make sure the check clear because so many title companies are going under nowadays and their checks bounce."

To speed up the process the day of closing, I asked the title company to wire the commission instead to the real estate office which they kindly obliged.

Now we are 15 days since that transaction and I still did not see 1 penny of my commission check.

I found this outrageous, especially because I am a full time realtor and I do not have a pay-check.

This real estate office is a big one with more than 500 agents and the broker is part owner of a title company and a mortgage company in the same office. I talked to some of the other agents and learn this is not the first time that the broker is illegally keeping the agent's commission and releasing it in a month or 2.

I feel that as a realtor we do not have a strong back up system to prevent this kind of thing.

I am giving him until Tuesday and I will fill a complaint with FREC. I already put my license somewhere else but I am afraid that I will have to go thru the same nightmare with some pending transactions that will have to close with his office nevertheless.

Please share your thoughts, if you had to deal with a similar situation. What can I do? Will FREC really assist me in getting my commission?

WHAT PROTECTS US AGENTS???????????????????

I am so annoyed by those short sale listing agent who do not know there job. I have been working with a lot of buyers lately and was just chock how many listing agent will NOT present the offer given. My last offer was on a listing asking price $224,000 as a short sale, my client offered $200,000 I had a nice email from the listing agent telling me the offer is too low, he will not present it to the bank :-(

I did a lot of research, Are you not suppose to present every offer to the bank unless they ask you not too. (unlikely) Those agents outhere playing GOD need to be carefull. First of all the listing agent duty is to present all offers to his client.

When i tried to talk to that agent and let him know my frustation, he quickly indicate to me that his client will not present the offer to the bank....What Mrs Seller? But you are not making a dime anyways, it's a short sale!!!!!!!!!!!!!

This month alone I had 4 agents who decided to not present my client's offer at all..

It is sad that selling agents have no recourse to report those unprofessional and the worse is most of the time the poor homeowner do not even have a clue!