Changing Brokers

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    • #9801
      Jorge Munoz
      Participant

      Hello Orlando,

      I have a question. I am considering leaving the broker I currently have my license with and would like to know what may be things to consider legally before doing so. Specifically I would like to know if there is no problem in moving any listings I may have now to the new broker and what is the situation when there is a pending transaction and I were to change brokers before the closing. Anything else I should consider before switching? Please let me know when you have a moment.

      Thank you,

      Jorge

    • #9803
      orlando
      Keymaster

      Jorge, we are not in a position to offer legal advice, for that we recommend you speak to a lawyer. In the practical sense you can expect from most brokers to either keep the listing or lower you slip usually to 50%. That is industry standard, however every company has a different policy, talk to your broker before making any move.

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