You searched for the word(s): commission factoring
< 1 second(s)
-
by Peter Mericka B.A., LL.B Real Estate Lawyer and Qualified Practising Conveyancer Victoria Lawyers Real Estate
We have argued that real estate commissions are a major cause of corruption in the real estate industry. But what if the drive for commission is intensified? What if the estate agent has spent the commission in ...
-
by Peter Mericka B.A., LL.BReal Estate Lawyer Qualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd
As any lawyer or conveyancer will confirm, a contract may have to be cancelled for a variety of reasons, even after it has become unconditional. But what if the estate agent has already spent the ...
-
Would you trust an estate agent who is so desperate for cash as to resort to borrowing against future commissions? What lengths would such an agent go to in order to prevent the loss of a sale if the commission has been spent in advance? We have already commented on the concept of Commission Factoring in a previous posting, but it seems that more ...