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Ambassador
1,304,512
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

Yes it does and the listing agreement is confidential with only me, my Brokerage and the Seller having copies.

Nov 13, 2015 10:33 PM
Rainmaker
1,610,652
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

Yes & we also have a co-broker fee for the MLS that we subtract from that. Old custom we practice here. It's up to $275 to $300.

Nov 13, 2015 10:52 PM
Rainmaker
4,866,868
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Tony,

It did on our agreement.  A

Nov 13, 2015 10:51 PM
Rainmaker
805,907
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Our Data Sheet (addenda to Listing Agreement) has a place for C/B amount.

Nov 13, 2015 10:37 PM
Rainmaker
816,815
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Yes, the LA does require that information. However the LA is confidential.

The MLS also REQUIRES the co-broke compensation to be displayed.

Nov 13, 2015 10:36 PM
Rainmaker
531,403
Jeffrey Jones
AZ Home Seekers - San Tan Valley, AZ
AZ Home Seekers, azhomeseekers.com

I was glad to see Az change to this a few years ago. It was like that in CA also

Nov 13, 2015 10:35 PM
Rainmaker
4,798,687
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Yes, it is part of our listing agreement.

Nov 14, 2015 03:40 AM
Ambassador
1,554,836
Karen Fiddler, Broker/Owner
Karen Parsons-Fiddler, Broker 949-510-2395 - Mission Viejo, CA
Orange County & Lake Arrowhead, CA (949)510-2395

Yes it does

Nov 14, 2015 03:05 AM
Rainmaker
634,116
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

It is disclosed in our listing agreement and published on our MLS.

Nov 14, 2015 02:46 AM
Rainmaker
112,416
Jeanne Feenick
NextHome Premier - Basking Ridge, NJ
Basking Ridge, Warren, Bridgewater Market Expert

Yes it does - and I think it very important that the seller understands - and agrees to - the split.  I believe that undercutting what is paid out can impact buyer agent draw.  If that results and the seller is not aware it would not seem right to me.  Our listing agreement makes this clear - total commission and how much it paid out, specficially stated.

Nov 14, 2015 01:24 AM
Rainmaker
4,432,838
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Yes. It is printed in the listing contract.

Nov 14, 2015 12:16 AM
Rainmaker
1,084,679
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Absolutely.  Money talks....

Nov 14, 2015 12:03 AM
Rainmaker
453,797
Dan Pittsenbarger
Keller Williams Western Realty - Bellingham, WA
Improving Conditions

Yes, Our forms have both the total commish and co-broker commish. There are some agents that do not necessarily split them 50/50 but most do. For those that don't and keep more than half for the listing side, a few actually provide some extra service like agent paid staging and I know of one guy that actually pays for a home inspection and pays for minor repairs to be completed out of his pocket. So if that guy does a 3.5% listing side - 2.5% co broker side - it seems fair to me and still in the seller's best interest. All that said, by far, most of the heavy listing agent side commish splits are not in the seller's best interst (in my opinion). And I'm pretty sure those sellers don't understand that their agent is acting more for his/her own best interest than theirs. It's true the listing agents my spend more money on marketing but most of that market is for picking up more clients.  Price, decent pics and getting the home on the MLS are what sells a home in this tech savy information age. And the buyer's agents actually put in more time and sometimes equal amount of cash (between gas and lunches - but mostly it's the time spent) to get a home sold. And in my opinion, people's time is more valuable/deserving than marketing dollars.

Nov 13, 2015 11:32 PM
Rainmaker
1,587,728
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

The Florida Exclusive RIght to Sell Listing Agreement is specific on this disclosure, as it the California Listing Agreement; yet it seems many sellers do not insist on an equal split.

Nov 13, 2015 11:29 PM
Ambassador
4,700,009
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Yes it does.

Feb 07, 2019 11:09 PM
Ambassador
2,954,754
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

only that compensation that is in the MLS, so it does not apply if a BA outside my MLS brings a buyer and they are paid based on how much of their job they do. If they start with "can't attend inspections, can't meet appraiser, can't let buyer in to measure" they are not getting the full BA commission.

Nov 14, 2015 02:19 PM
Ambassador
4,306,594
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Yes Tony and Suzanne Marriott, Associate Brokers - our listing agreement has a blank for this field - to be filled in by the listing agents.

Nov 14, 2015 01:55 PM
Ambassador
2,209,455
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Our listing contracts have the total commission paid listed and then how it is split. 

Nov 14, 2015 11:32 AM
Rainmaker
3,985,569
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Yes, and I was doinng that before it was mandatory

Nov 14, 2015 10:34 AM
Rainmaker
2,418,090
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Yes, and this is new this past year.  Prior to that I always wrote it in.

Nov 14, 2015 09:58 AM
Rainmaker
558,814
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Tony and Suzanne,

 

It is clearly broken out in our Colorado listing agreement.

Nov 14, 2015 09:29 AM
Rainmaker
3,649,285
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Yes, it is a part of the listing agreement a seller signs.

Nov 14, 2015 09:25 AM
Rainmaker
4,341,575
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Yes, it does have an area where we break down the listing and selling commission.

Nov 14, 2015 07:39 AM
Rainmaker
1,157,329
FN LN
Toronto, ON

Yes.  It is part of the standard listing agreement.

Nov 14, 2015 06:46 AM
Rainmaker
5,358,896
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

we always disclose to the seller what we will be paying for a cobroke fee....

Nov 14, 2015 06:37 AM
Rainer
307,160
Melissa Jackson
Century 21 Alliance Properties - Azle, TX
Helping You Make The Right Move

Yes it's listed on our contract.

Nov 14, 2015 01:58 AM