The Market

Is your broker hoarding you?

By Teri Karush Rogers| October 27, 2010 - 12:46PM

When you’re selling your apartment, your desire to market it to as many buyers as possible can collide with your broker’s desire to pocket the whole commission instead of splitting it with a buyer’s broker (aka “co-broking.”) Broker-blogger-industry-whistleblower Malcolm Carter provides an example and outlines the tactics of co-broking-averse brokers, which include “responding to inquiries but making it next to impossible to schedule appointments” and stalling when a buyer represented by a different broker presents an offer. (Malcolm Carter)

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.

topics: