Brokerage Dispute Should be Resolved by Broker
FACTS:
Agent 1 had a commission dispute with Agent 2. Both agents were with the same brokerage.
ISSUE:
How should the broker resolve the dispute between the two agents?
ANSWER:
See discussion.
DISCUSSION:
The broker’s Policy and Procedures Manual should address resolution of disputes between agents licensed with the brokerage .
Note: Many brokers want to have sole discretion to resolve internal disputes between agents. If that is the case, the broker should review his/her Policy and Procedures Manual to ensure that it conveys such authority.