· Scheme 5 – Mis-information Campaign. Licensees are bombarded with mis-information from brokers,regulatory approved education classes and forms. Real estate agents are often incorrectly taught by their supervising brokers that dual agency provides advantages to clients. Realtor drafted dual agency “warnings” are also severely misleading in this regard.
Scheme 6 – Brokers That Offer Substandard Commission Splits on MLS. The Multiple Listing Service (MLS) is a place where listing brokers can make a unilateral offer of compensation to cooperating brokers. Offering less than the going rate in your area will decrease the financial attractiveness of your home and increase the likelihood your house will take longer to sell and that your broker will collect a double commission.