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I'm fairly sure it's illegal, or at least not allowed by MLS rules to co-broke different amounts on your listings to different brokerage firms right? Basically, you can't single out a discount broker and co-broke less commission to them. For example, you co-broke 3% to everyone except Discount Realty LLC, whom you offer only 1% to.
I've read on various forums online that apparently some MLS systems allow this, but only if you privately notify the person of the unique amount you are co-broking them. Supposedly this avoids the appearance of a group boycott? That can't be legal.
Saw this on an agentsonline.net forum.
I've read on various forums online that apparently some MLS systems allow this, but only if you privately notify the person of the unique amount you are co-broking them. Supposedly this avoids the appearance of a group boycott? That can't be legal.
Saw this on an agentsonline.net forum.