John Peak (Get Your FREE BPO Company List)

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Rainmaker
3,604,889
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Yep, been there done that twice.  Won't happen again

Apr 04, 2017 04:15 AM
Rainmaker
4,016,690
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I am a sole practitioner, so I can't answer that question. I would think that partnerships end for as many various reasons as there are different kinds of partnerships.

Apr 04, 2017 03:50 AM
Rainmaker
808,797
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

That and possibly different business philosophies/ethics that weren't understood upfront.

Apr 04, 2017 02:21 PM
Rainmaker
1,101,259
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

No, as in most relationships they end because of the perception of not carrying their weight.

Apr 04, 2017 07:09 AM
Rainmaker
1,375,787
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

That or personality conflicts or sleeping w/their wives.

Apr 04, 2017 02:00 PM
Rainmaker
5,487,077
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

That means they are not a match.

Apr 04, 2017 01:55 PM
Rainmaker
3,943,340
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I had two partners and I refuse to say!

 

Apr 04, 2017 01:20 PM
Rainmaker
913,623
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

I believe so yes - or a misunderstanding in roles and tasks

Apr 04, 2017 11:04 AM
Ambassador
5,325,656
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Equal partnerships seldom work, need to have someone in charge.

Apr 04, 2017 10:06 AM
Ambassador
1,616,354
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

that is one reason. Another reason is dishonesty

Apr 04, 2017 08:50 AM
Ambassador
2,559,740
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 It's always about the money. 

Apr 04, 2017 08:07 AM
Rainmaker
5,571,077
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

agent partnership end for a variety of reasons..... if the two agents are not equal producers, the split can vary...there's always a fix...

Apr 04, 2017 07:40 AM
Rainmaker
1,205,894
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Most partnerships end when communication ends.

Apr 04, 2017 07:29 AM
Rainmaker
2,630,638
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Partnerships work if the people work them. Just like anything else in life

Apr 04, 2017 07:23 AM
Rainmaker
3,069,934
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

I think so

Apr 04, 2017 06:36 AM
Rainmaker
487,325
Joanne Gillet EdgeOfTheBeach.com
Edge Of The Beach Realty - Pawleys Island, SC
Experience is not expensive. It's Priceless!

I think some of the relationships fail due to a lack of similar goals or different work ethics.  We have a great team and hope that we can continue to serve our clients best interests with integrity which is the foundation of my business.   I will continue partner with my team as long as we are all on the same page with the most important values. 

 

Apr 04, 2017 06:25 AM
Rainmaker
4,123,145
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Yes they usually do!

Apr 04, 2017 06:16 AM
Rainmaker
2,018,930
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Sometimes

Apr 04, 2017 06:00 AM
Rainmaker
4,162,828
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

I am a sole practitioner now since my husband retired. We both worked hard and only came to and end because of Geno's health.

Apr 04, 2017 05:55 AM
Rainmaker
598,609
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

I would imagine it's due to a lack of clear, written agreements. You have to spell out responsibilities, commission splits, etc., and ensure everyone understands and agrees to them.

Apr 04, 2017 05:47 AM
Rainmaker
6,498,474
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

There are many reasons. That is why a termination agreement is important.

Apr 04, 2017 05:37 AM
Rainmaker
3,315,844
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I would say yes. Too many times i have seen it. The ones that work, compliment each other in work ability and experience

Apr 04, 2017 05:32 AM
Rainmaker
878,311
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Most partnerships ends because it began as friends.

This is a business not a hobby.

"Carrying their weight" relates more to emotion than work.

Apr 04, 2017 05:12 AM
Rainmaker
577,955
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

It would depend on the scale of the brokerage. Your usual "partnerships" are probably husband and wife and life partners and there are breakups. When I think of a "partnership" in this day and age, it's a "team" and that's much less complicated and, yes, would break up if one person felt they were carrying the other(s).

Apr 04, 2017 05:02 AM
Rainmaker
1,711,587
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

Yes I would say that's correct. Everyone I've heard of that's had a 'breakup' it's because of that or money. 

Apr 04, 2017 04:52 AM
Rainmaker
3,965,558
Richard Weeks
Dallas, TX
REALTOR®, Broker

No so work, it depends on the 2 individuals.

Apr 04, 2017 04:48 AM
Rainmaker
675,600
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

On a team you don't have to be the best at everything but you do have to put in the time so that you have some results to show. 

Apr 04, 2017 04:06 AM
Rainmaker
4,847,785
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

That is what I have seen.

Apr 06, 2017 09:41 AM
Ambassador
3,705,629
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

 I would say yes .....

Apr 04, 2017 11:33 PM
Rainmaker
872,341
Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

John - I believe there are more reasons partnerships fail than reasons they stay together, and obviously if someone feels their partner is not carrying their weight, that is one reason why the partnership will end.

Apr 04, 2017 10:46 PM
Ambassador
4,312,753
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

John Peak -  that can be just one of many reasons!

Apr 04, 2017 10:25 PM
Ambassador
4,172,830
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Yes...been there, done that and left the one behind that wasn't pulling her weight!

Apr 04, 2017 08:52 PM
Ambassador
3,986,660
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

That is generally the reason. Funny thing is that both usually feel that way.

Apr 04, 2017 07:24 PM
Rainmaker
3,985,831
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I can easily see this happening.

Apr 04, 2017 05:57 PM
Rainmaker
4,433,583
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Yes

Apr 04, 2017 04:40 PM
Rainmaker
392,774
Jill Murty, Realtor - Orange County, CA
Sunset Properties, Powered by Movoto - Laguna Niguel, CA

Oh yes, I think that would be the reason.  I've never partnered with anyone, but people who have, most often say they're doing most of the work while the other one is there when the check arrives. 

Apr 04, 2017 01:53 PM
Rainmaker
1,632,742
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Agree

Apr 04, 2017 01:48 PM
Ambassador
3,248,252
Anna Banana Kruchten CRS, CRB, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

John yes I have seen that as well as dishonest dealings is another deal breaker.

Apr 04, 2017 11:37 AM
Rainmaker
1,453,727
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

John Peak I'm sure partnerships break up for many reasons.

Apr 04, 2017 10:23 AM
Ambassador
3,029,853
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

That has been my experience.  

Apr 04, 2017 08:21 AM
Rainmaker
1,525,205
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

I have never seen any successful long term partnerships other than husband and wife or parent and child.

Apr 04, 2017 08:13 AM
Ambassador
4,541,596
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I don't know but suspect that is one of the reasons

Apr 04, 2017 06:26 AM
Rainmaker
4,799,481
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Possibly.  Or, the perception that one isn't.

Apr 04, 2017 05:53 AM
Rainmaker
1,707,397
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

That would be a chief reason along with ego issues.

Apr 04, 2017 05:42 AM
Rainmaker
1,157,485
FN LN
Toronto, ON

I do not know if there has been a study that has tracked such reasons.

Apr 04, 2017 04:59 AM