Sentences with phrase «by the brokerage after»

But the court denied him a percentage of commissions received by the brokerage after his departure, even if those sums were earned during his tenure.

Not exact matches

And the latest GDP number was released after the survey of million - dollar self - directed brokerage investors, conducted by E-Trade and provided exclusively to CNBC.
The Discover brand was originally introduced into the marketplace by Sears, after a recent purchase of both Dean Witter (investment brokerage firm) and Coldwell, Banker & Company (real estate) in an attempt to add a full financial services arm to its already booming retail and mail order catalog business.
This past week in the Canadian discount brokerage space seemed about as quiet as the US Women's Olympic hockey team dressing room after that most spectacular win by Team Canada.
However it doesn't include brokerage paid by the AMC for purchase and sale of securities as the buying and sale price are taken into account after considering the brokerage.
Even after financial independence has been achieved, the owner plans to open new brokerage accounts that are funded completely by dividend income alone.
While many DIY investors will never know about the behind - the - scenes efforts that go into the planning, execution and maintenance of their trading platforms, the reality is that, after commission pricing, choosing an online brokerage will be heavily influenced by how stable and innovative the trading experience is.
Another very compelling slide from the Interactive Brokers presentation deck shows how much lower Interactive Brokers» commissions are for equity and, in particular options trading, relative to their US peers even after a significant commission price cut by the group of online brokerages earlier this year.
Judging by the response so far to the next busiest time of the year after RSPs, it seems like most Canadian discount brokerages are now shifting gears to figure out their next moves.
Lucas's annualized after - tax return increases by more than two percentage points by using a traditional IRA for his gold mutual fund investment and more than three percentage points over a brokerage account by using a traditional IRA for his investment in gold coins.
Just about a month after they were announced as one of the best online brokerages for client service (by Dalbar Canada), HSBC InvestDirect was spotted this past week flashing their awards.
The ability to have USD registered accounts is a sought after feature with many investors that trade / invest in many US listed securities and who want to avoid some of the steep currency conversion fees imposed by brokerages.
For example, The stock price of fellow online brokerage Gain Capital increased by about 26 % after it announced last month that it was adding new bitcoin derivative instruments to City Index, its UK FCA regulated brand.
It was designed to generate survey data to be used by Brookfield Developments first and leads to brokerages as an after thought.
I have in my possession a non listing taken by a «marketing firm» aligned with a Brokerage with mls listing and exclusive listing all crossed out at the top with it stated that this was not a listing initialed by all parties (no registrant of course) which appeared on TREB, submitted by an ignomious Brokerage 3 days after being signed.
As such, I am not aware of a single case where an MLS system in Ontario has allowed a listing to remain with the listiing brokerage after a request for release by a seller in a legal manner.
All office related expenses were looked after by the Brokerage, so, as you said, the Brokerage manager was in effect hiring a person who up front would cost that Brokerage money until that person began to produce transactions; it was in effect an investment that said Brokerage was making in the person of the new recruit.
I was an assistant builder in my father's new home construction business; a licensed tradesman thereafter, a Realtor from 1980 to 1983 wherein said time frame I had started my own brokerage (Bell Real Estate Inc.) after being in the business only eighteen months via a partner's (Evelyn Bell) brokerage licence, only to walk away from it when interest rates hit 22 %, a conciliator / inspector with the Ontario New Home Warranty Program (now TARION), establishing the top conciliation record in Ontario out of 56 conciliators from day one on the job, a national warranty adjuster for PAFCO Insurance (now defunct after having been bought out by a U.S. conglomerate), an appraiser affiliated with the Appraisal institue of Canada, as well as a recent Realtor (again) with Century 21 United Realty Inc. in Peterbough, Ontario.
Lunch was provided by the brokerage to all of the participants after the clean up.
According to an RISMedia Survey launched shortly after Zillow's introduction of Instant Offers in two test markets — Orlando, Fla., and Las Vegas — nearly 87 percent of respondents consider the introduction of Zillow Instant Offers as a shift towards Zillow to become a real estate brokerage, a strategy that has been anticipated by many since Zillow's formation in 2006.
What possible benefit does a Seller receive if the deposit funds, after two years, are sent by the Deposit Holder, usually the Listing Brokerage, to RECO to remain in a Trust or what I call the «Dead Zone» for an indefinite time period?
The consolidation - driven business model being adopted throughout our industry is, after all, widely viewed as «the future» by many of today's top brokerage professionals.
Why is a FSBO marketing company allowed to require a client to put a SOLD sign with their FSBO name as the Selling Agent (selling brokerage?????), on it boldly for 30 days after the property is sold, while still saying they are only an advertising medium not covered by RECO or having licenced representatives, and while they are not registered as a Brokerage in the Province of Ontbrokerage?????), on it boldly for 30 days after the property is sold, while still saying they are only an advertising medium not covered by RECO or having licenced representatives, and while they are not registered as a Brokerage in the Province of OntBrokerage in the Province of Ontario.....
After a CMA has been supplied by a Brokerage there is a HIGH RISK for an undisclosed Dual Agency problem arising that is created for the brokerage who issued that CMA irregardless with which brokerage that seller eventually lisBrokerage there is a HIGH RISK for an undisclosed Dual Agency problem arising that is created for the brokerage who issued that CMA irregardless with which brokerage that seller eventually lisbrokerage who issued that CMA irregardless with which brokerage that seller eventually lisbrokerage that seller eventually listed with.
A federal appellate court has considered a brokerage's lawsuit against a former salesperson for commissions collected by the salesperson after he left the brokerage.
Keddy, who arrived at Sutton last year after 15 years with Colliers International, says one of his first goals was to put the brokerage's house in order by making some personnel changes.
Do lenders treat a «For Sale By Owner» property the same as a property listed on the MLS where a Realtor and Brokerage are looking after the sale?
Robert, by offering the 3 % selling commission to a cooperating broker, after having deducted a 1 % referral fee, is it the expectation that such a Buyer's Agent (who should be in an Agency relationship in order to accept a referral fee) would then leave their client in your brokerages hands to henceforth be treated as but a Customer?
By Kathy Bevan After almost two years of work, the Canadian Regulators Group (CRG) Agency Task Force is proposing two new business models — Designated Agency and Transaction Brokerage...
Although it's interesting to see practitioners ranked by transactions and sales volume in the «Top 100 Salespeople» list (September 2002, page 27), the bottom line — and what's most relevant — is: What did the salesperson net in commissions after co-broker and in - house brokerage splits and paying assistants?
The holdover clause requires you, the seller, to pay the remuneration to the brokerage should you sell your property to a buyer that was introduced by the brokerage when the agreement was in effect, and that you completed the sale after the agreement expired.
For example, it is not acceptable to provide the brokerage with a copy of a Contract of Purchase and Sale only after subjects have been removed or the deposit is received; once it has been accepted by all parties, it must be provided to the brokerage without delay.
The Rules require that a brokerage retain its records for a minimum of seven years after their creation unless a shorter period is authorized in writing by the Council.
After hearing from franchisors and representatives of brokerages including HomeServices of America, NAR's Multiple Listing Issues and Policies Committee voted to recommend that the rule change — approved by the committee and NAR's board of directors last November — be suspended until NAR's annual meeting in November.
Dagar Group, Ltd. v South Hills Mall, LLC (12 A.D. 3d 552)- triable issues of fact exist where brokerage agreement required lease to be signed and delivered by date certain and where no lease was signed and delivered by required date; broker raised triable issues of fact with respect to whether principles were responsible for the failure of that condition by delaying execution of the lease; possession by one party of a right to cancel the lease after it has been executed does not defeat the broker's claim to its commission
Help you capture leads even after a sale by referring new home buyers and sellers toward your brokerage
Andover Retail Services, Inc. v. Lincoln Metrocenter Partners, L.P. (279 A.D. 2d 269)- summary judgment dismissing brokers claim affirmed; where brokerage agreement provided that landlord would be relieved of its obligation to pay installment payments on commission upon a termination of the lease by tenant, the broker was not entitled to installment payments after landlord and tenant entered into a surrender and cancellation agreement of the lease, even though surrender and cancellation agreement provided for payment from landlord to tenant
Cushman & Wakefield v. Northeastern Industrial Park (246 A.D. 2d 303)-- owner is liable for brokerage commission stipulated in commission agreement notwithstanding that it is not a party to either the renewal lease procured by broker or the prior lease, where owner identified itself in the commission agreement as the landlord of the premises, and, throughout the lease negotiations and continuing even after broker first demanded its commission, consistently held itself out as one in the same as the company identified in the lease as the landlord; commission agreement clearly requires payment of the full term commission at the commencement of the lease should the lease, as it does, require the tenant, should elect to cancel, to reimburse the landlord for the portion of the commission attributable to the cancelled term.
Five months after announcing it would pull listings represented by its agents from national property search portals, Edina Realty Inc. remains in negotiations with the operators of the only national website the brokerage is still providing listings to: Realtor.com.
Soviero v. Carroll Group International, Inc. (27 A.D. 3d 276)- salesperson asserted causes of action for breach of an oral employment agreement, for wages, statutory liquidated damages and statutory attorney's fees under the Labor Law, for conversion and conspiracy to commit conversion by the broker and punitive damages for intentional tort; order dismissing all causes of action except the breach of contract claim affirmed; salesperson was fired by the firm and was no longer an «employee» or a «commissioned salesman» of the brokerage firm after her termination, such as would entitle her to wages or a commission; conversion cause of action fails as salesperson must have exercised ownership, possession or control of the property in the first place which she never had such ownership; no viable claim for punitive damages which are not recoverable for ordinary breach of contract
(2) If a partnership continues but with different partners, the brokerage licence is cancelled effective 14 days after the change or at the end of a longer period permitted by the council.
8 - 3.1 After the termination of a service agreement respecting the provision of real estate services, the brokerage must continue to prepare all financial records required under this Part that relate to the services that were provided by the brokerage to the client.
(2.1) If a brokerage receives money that is subject to subsection (2) by means of direct electronic deposit into a brokerage trust account that receives funds on behalf of more than one strata corporation, the money must be transferred to the applicable trust account under subsection (2) no later than 3 days after the day on which it was received.
107 DOS 98 Matter of DOS v. Sosis - subject matter jurisdiction; due process; failure to appear at hearing; proper business practices; deposits; fraudulent practice; DOS fails its burden of proof; DOS has subject matter jurisdiction if at the time the disciplinary proceeding was commenced by proper service of a notice of hearing and complaint the party was (i) licensed to engage in regulated real estate activities, or (ii) an applicant for either a license or for the renewal of a license to engage in regulated real estate activities, or (iii) eligible to automatically renew the prior license under the two - year limitation provision of RPL § 441 (2); ex parte hearing is permissible upon proof of proper notice of hearing; DOS has subject matter jurisdiction where party was licensed at the time proceeding was commenced and, where at time of hearing, although not licensed was eligible to automatically apply to renew pursuant to RPL § 441 (2); licensee operated a real estate brokerage business under an unlicensed name; licensee unlawfully retains deposit funds after deposit monies were delivered on the condition that same were to be disbursed only on the principal's consent and approval and said consent and approval was not given; licensee's illegal exercise of right of ownership over his principal's funds spawns conversion and constitutes a fraudulent practice; DOS fails its burden of proof to establish licensee failed to deposit trust funds in a segregated escrow account, engaged in fraud and changed business location without notice to DOS; restitution ordered in the amount of $ 1,900 plus interest, fine of $ 1,000 and any further application for licensure shall not be considered until applicant pays said fine and provides proof of payment of restitution
By employing a longer - term view of client management, you increase your value during and after the property brokerage function.
The MLS committee had forwarded its complaint to the Association's grievance committee after a member of that committee saw an advertisement for a property offered by the Brokerage which stated «'' Buy Direct Price Discount» available if no other agent is involved».
David Allen, owner and broker of record of Toronto - based Graydon Hill Realty, has been fined $ 20,000 and ordered to pay $ 100,000 in restitution after pleading guilty to charges brought by the Real Estate Council of Ontario (RECO) relating to the improper disbursements of funds from the brokerage's real estate trust account.
He says that after studying various brokerage compensation plans and the monthly fees and expenses paid by the brokers and agents, «I have started what I think is a unique and a win - win business model, where there is no monthly fee or any expense charged to the agent.
After moving back to Toronto and joining the GH Lennard brokerage office, he spent 13 years at Cushman & Wakefield LePage followed by six years at CBRE.
The brokerage must then provide that reconciliation along with the monthly bank statement and any other financial documents requested by the client (section 7 - 9 (7)(b) of the Council Rules), no later than 6 weeks after the end of the month for which a statement was issued.
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