2007-07-24 06:31:11 · 4 answers · asked by Benito 1 in Business & Finance ➔ Renting & Real Estate
In all states that I am aware of a licensed salesperson is an independent contractor that works under the jurisdiction of the qualifying broker making them an agent of the qualifying broker and a subagent of the customer/client of the consumer. The commissions received by a real estate salesperson can only come from their qualifying broker the real estate salesperson can not receive any compensation from anyone unless it is from their qualifying broker.
2007-07-24 06:39:01 · answer #1 · answered by newmexicorealestateforms 6 · 0⤊ 0⤋
Technically, no. Even in the situation of commission splits between buying agents/selling agents, commissions are distributed between managing brokers, who then pay the commissions to the agents involved.
One is only to accept a commission check from his/her managing broker.
2007-07-24 13:37:37 · answer #2 · answered by acermill 7 · 1⤊ 0⤋
No, the agent can only work for one broker at a time.
2007-07-24 20:21:12 · answer #3 · answered by Landlord 7 · 1⤊ 0⤋
Absolutely not!
If you do, you can be sued. Your licensed can be suspended and or revoked.
2007-07-24 13:48:42 · answer #4 · answered by Anonymous · 1⤊ 0⤋