jewell_diva
Junior Member
What is the name of your state? North Carolina
Not sure if I'm posting in the right place, but I didn't know where else this would fit...
I am a broker with an inactive NC real estate license. I worked under a broker-in-charge, and because of a family emergency beyond my control, I had to leave the brokerage and move out of state. I was working on a deal for which I believe I am due commission. I had worked with these buyers for almost a year, I executed the contract, and scheduled/attended all of their surveys and inspections. The only thing I didn't do before having to leave the brokerage was take them to the closing table.
My ex-broker was upset that I had to leave, and she begged me to stay. When I told her that I simply couldn't, she told me she would not pay my commission. I called the NC Real Estate Commission, and the legal dept. told me that depending on the broker, I should either receive either a 25% referral fee, or my normal split. When I asked who enforces this rule, they told me I should speak with the Association of Realtors. When I called the NC Association, they said that because I was no longer a Realtor, (I lost my status as a Realtor when my license was inactive, even though I had just paid a full year of dues), their attorney couldn't help me, and I'd need to hire my own attorney to fight this.
It seems like I will never get the money I am owed, and this is a time when I really need it! I could hire a lawyer and sue for legal costs, but if I don't win, I won't have the money to pay him/her. Is this even worth going to court for? If I get my whole split, I would be owed $5,000, and if I only got the referral fee, I would get $2500. How long do these procedings take?
Not sure if I'm posting in the right place, but I didn't know where else this would fit...
I am a broker with an inactive NC real estate license. I worked under a broker-in-charge, and because of a family emergency beyond my control, I had to leave the brokerage and move out of state. I was working on a deal for which I believe I am due commission. I had worked with these buyers for almost a year, I executed the contract, and scheduled/attended all of their surveys and inspections. The only thing I didn't do before having to leave the brokerage was take them to the closing table.
My ex-broker was upset that I had to leave, and she begged me to stay. When I told her that I simply couldn't, she told me she would not pay my commission. I called the NC Real Estate Commission, and the legal dept. told me that depending on the broker, I should either receive either a 25% referral fee, or my normal split. When I asked who enforces this rule, they told me I should speak with the Association of Realtors. When I called the NC Association, they said that because I was no longer a Realtor, (I lost my status as a Realtor when my license was inactive, even though I had just paid a full year of dues), their attorney couldn't help me, and I'd need to hire my own attorney to fight this.
It seems like I will never get the money I am owed, and this is a time when I really need it! I could hire a lawyer and sue for legal costs, but if I don't win, I won't have the money to pay him/her. Is this even worth going to court for? If I get my whole split, I would be owed $5,000, and if I only got the referral fee, I would get $2500. How long do these procedings take?