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hog commission

“Pocket Listings” Draw Tighter Restrictions

[Editor’s Note: I’m glad to report that, effective next year, the National Association of Realtors is tightening the rules on so-called pocket listings. I first criticized the practice on this blog more than eight years ago(!) — the post below originally appeared May 18, 2011. Please note that the views expressed here are solely those...
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“Pocket Listings”: Good for Agents, Bad for Clients

“Shhh!  Don’t Tell Anyone My House is for Sale” “Listing agent will not also represent Buyer.” —Clause added to every listing contract I sign. [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary...
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“Pocket Listings”: Good for Agents, Bad for Clients

“Shhh!  Don’t Tell Anyone My House is for Sale” “Listing agent will not also represent Buyer.” –Clause added to every listing contract I sign If your Realtor will agree to the foregoing clause — as I do on every listing I’ve ever handled — you don’t need to worry about a “pocket listing.” That’s because the Realtor...
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"Hogging" Rental Brokers

Going to “Plan B” Real estate agents who represent both the Buyer and Seller are said to “hog” the commission, because they get both sides. Are (some) rental agents doing the same thing? I’m certainly starting to think so. I just spent two-plus days trying to get rental information on a home my client is...
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