I'm not sure how much of this is law, professional
ethics or the standards attached to the term Realtor,
but practice is that once you have talked to an agent
you don't go to another.
I've had this happen in Missouri and Arizona. When
one of the kids called the listing agent without
thinking. In AZ our agent called the listing agent to
get his permission before we went any further. In Mo.
our agent here wouldn't touch it so the kids had to go
with the listing agent.
If my agent represents me; he and the buyers agent
split the commission. If I have talked to the buyers
agent he is not obliged to share the commission.
I think this is state law, I know it is custom, and
required of anyone who uses the term "Realtor"
Realtor is a trade group and if an agent wants to use
that title and use multi-listing he is required to
follow their rules.
Here in Mo I could not choose to pay my
agent if the sellers would not split, he tells me is
not legally permitted to accept a consultant fee.
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