Blog

I was just reading about the REO Manager and the Broker this happened to me with my Broker so all Brokers are not necessarily created equal. Also not all Brokers are ethical that is why I started my own Company,

After dealing with one Broker who assigned all the relocation leads convenietly to herself, and another Broker who thought he was the "King of REO's" in our part of the country. I was his assistant and took care of all the inspections, rekeys, CFK, and lined up the trash out and took all the photos, entered contracts on weekends. He went on a weekend trip that was not unusual at all and while he was gone I was signed up for "call list" because no one else was in the office. A call came in on one of the Brokers regular listings and the couple wanted to see the house right away, so I called the next person on call and ask them to come in about half an hour early. I met the couple at the house wrote up an offer for the house and they signed agency with me. I faxed the contract to my Broker and he said he would present it over the phone. Later the same afternoon I got a call from the Broker saying the deal just "would not work they were too far apart on price."

The next day was Monday he announced the house had sold for about $8,000 less than the list price. Imagine my surprise when the contract was between my "buyer" and his "seller: and they had re-written the contract

Sunday night. I told him I wanted a referral fee at the very least and he agreed, was I ever in a state of shock when the referral fee fee was "10%". I threatened to take him to the State Board on an Ethics charge and he

whispered in my ear that if I did he would pick me up and toss me out of the building. I told him not to worry because I no longer wanted to share an office with a "thief". I came back to train a replacement REO person-

big mistake for free for two weeks after she was trained I turned in my keys. I was told never to step foot in his office again and it has been almost two years and I still meet his Associate's in the parking lot with contracts. After having two bad Brokers in a row I decided to be my own Broker, I make less money but I do not stay awake at night wondering if the person that I make income for is going to steal my clients or my reputation. After I trained his new assistant he told everyone I was "incompatent" and that is why he ask me to leave. So do not be surprised that some Realtor's need to take the "ethics' classes on a monthly basis. I sure do enjoy working for my new "broker-me" she works me hard but I have learned more than I ever could have under their guidance. Connie Brown