Am I due a fee if a commercial building I listed with my senior agent sold after I left the brokerage firm?
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Am I due a fee if a commercial building I listed with my senior agent sold after I left the brokerage firm?
I left a commercial real estate firm less than 1 year ago and a property I co-listed with my senior agent just recently sold it. Am I legally entitled to part of the fee? I spent time (showing to potential buyers, driving back and forth, put together the property package) and money (on advertisement, mail, gas).
Asked on April 9, 2012 under Real Estate Law, California
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
First, look to what the terms of your representation and/or employment had been--if those terms address this situation, then they will control.
Second, as a more general principal, if the property sold to someone you had shown it to previously, you may be able to assert a claim for a portion of the commission based on the fact you had shown it to the ultimate buyer. But if it sold to someone you had not shown it to, then no--the fact that you have performed work on a property does not, by itself, guaranty you to compensation or a share of the commission.
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