Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 12 years ago on . Most recent reply

User Stats

17
Posts
0
Votes
Joy Suh
  • Morton Grove, IL
0
Votes |
17
Posts

Long story short- lawyer type advice

Joy Suh
  • Morton Grove, IL
Posted

I am a broker. I have a very good friend of mine who I have been looking for a home for over a year. I had to leave out of the country so I talked with my broker over email about completing the deal for me.

In the email he offered to complete the deal for 50/50 which I thought was very fair.

So, now my friend is under contract and I emailed my broker to clarify our deal in which he now magically states all that he will give me is a 20% referal fee. And that I should be lucky to receive that. As well, he has appointed my client to hire his daughter as the lawyer for the deal.

They are set to close in about a month, inspections are done, just waiting for financing.

What are my options? What if I have a signed agreement with my friend/client prior to her going under contract with my broker.

I can say that Im truly shocked and hurt by this behavior. any help with be greatly appreciated

Loading replies...