Fun you can have when you no longer give a sh*t!

Started by MarkShot, September 10, 2012, 04:54:48 PM

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

MarkShot

Our agent and her broker already broke the law once.

She quoted us a 5% commission.  Later, her broker sent out an internal email (which she forwarded to me) that said all commissions would be fixed at 6%.  Unfortunately, this broke the law and is price fixing.  Federal and NJ law uphold that commissions are always negotiable.

Windigo

Who said it at least once that everything is negotiable?

The other saying that I like is, "You don't get what you deserve, you get what you negotiate."*


*see Bison's domestic negotiations regarding his mother in laws visit.....  WOW
My doctor wrote me a prescription for daily sex.

My wife insists that it says dyslexia but what does she know.

MarkShot


LongBlade

I'd probably start with the local attorney general if you're looking to prosecute.
All that is gold does not glitter,
Not all those who wander are lost;
The old that is strong does not wither,
Deep roots are not reached by the frost.

MarkShot

Nah - we we're looking to sell.  But as of today, we are signing a property management contract with a different company, since we are probably going to end up renting our house for a few years as we wait for the market to rebound.

airboy

Quote from: MarkShot on September 17, 2012, 03:52:04 PM
Our agent and her broker already broke the law once.

She quoted us a 5% commission.  Later, her broker sent out an internal email (which she forwarded to me) that said all commissions would be fixed at 6%.  Unfortunately, this broke the law and is price fixing.  Federal and NJ law uphold that commissions are always negotiable.

This is not price fixing.  Any individual brokerage can decide that they will charge 6% with no discounts.  It is only price fixing if this is an agreement between different brokerages.  If this actually is a case of price fixing between businesses, you should file a complaint in two areas.  First with the Federal Trade Commission.  Second with the real estate licensure board in your State.