{"id":8701,"date":"2006-12-27T16:40:13","date_gmt":"2006-12-27T16:40:13","guid":{"rendered":"http:\/\/www.brownstoner.com\/?p=8701"},"modified":"2008-07-28T16:27:20","modified_gmt":"2008-07-28T16:27:20","slug":"selfish-selling","status":"publish","type":"post","link":"https:\/\/www.brownstoner.com\/forum-archive\/2006\/12\/selfish-selling\/","title":{"rendered":"Selfish selling brokers who won’t co-broke"},"content":{"rendered":"

<\/a>Anyone want to discuss the still-prevalent practice in Brooklyn of real-estate brokers who refuse to co-broke? (That is, listing agents who will not split their commission with a buyer’s broker?) The vast majority of brokers across the country co-broke as a matter of course; personally, I think refusing to do so should be illegal. Why? After spending two months working with a nice broker who showed us 30-something houses, I found the right one in the Times. Unfortunately, despite our repeated pleas, the seller’s agent would not relent from this practice–meaning that if I wanted to buy the place, I would have to do the negotiating myself, without advice or representation (I’m not an expert in negotiating and I’m also really busy). I would also be placed in the awkward position of having wasted my buyer broker’s time–unless, I suppose, I wanted to shell out a fee for his time, when I had expected from the beginning he would be amply compensated at closing, the way most transactions work. Aside from my own issues with this practice as a buyer, I believe it is a HUGE disservice to the seller–it means that an enormous number of potential buyers will NEVER see your house because their buyer brokers have no incentive to show it to them. Potential sellers: Trust me, DON’T list your house with an agency that won’t co-broke. And thanks, B-stoner, for letting me get that off my chest. Thoughts?<\/p>\n","protected":false},"excerpt":{"rendered":"

Anyone want to discuss the still-prevalent practice in Brooklyn of real-estate brokers who refuse to co-broke? (That is, listing agents who will not split their commission with a buyer’s broker?) The vast majority of brokers across the country co-broke as a matter of course; personally, I think refusing to do so should be illegal. Why?…<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"schneps_byline":"","schneps_post_style":"","schneps_post_source":"","schneps_syndicated_read_more":"","schneps_post_source_sitename":"","schneps_syndicated_thumb_html":"","schneps_syndicated_thumb_src":"","schneps_post_source_shortname":"","schneps_post_source_url":"","schneps_post_source_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[],"tags":[],"districts":[],"class_list":["post-8701","post","type-post","status-publish","format-standard","hentry"],"acf":[],"parsely":{"version":"1.1.0","canonical_url":"https:\/\/brownstoner.com\/forum-archive\/2006\/12\/selfish-selling\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Selfish selling brokers who won’t co-broke","url":"http:\/\/www.brownstoner.com\/forum-archive\/2006\/12\/selfish-selling\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.brownstoner.com\/forum-archive\/2006\/12\/selfish-selling\/"},"thumbnailUrl":"","image":{"@type":"ImageObject","url":""},"articleSection":"Brokers","author":[{"@type":"Person","name":"anon"}],"creator":["anon"],"publisher":{"@type":"Organization","name":"Forum Archive","logo":""},"keywords":[],"dateCreated":"2006-12-27T16:40:13Z","datePublished":"2006-12-27T16:40:13Z","dateModified":"2008-07-28T16:27:20Z"},"rendered":"