I don't have a problem with this. Our broker is very generous about giving leads to everyone in our office. She has a good following of previous customers, so why shouldn't she sell and list them?

Until recently I was the Broker/General Manager for a large real estate company.  I firmly believe in Brokers being non-competing.  There are many people that want to deal with the guy on top and in charge when they do business.  I could have taken my deals from my agents if I was able to compete.  Also, it is hard to fully trust your broker if he is able to compete against you.  

If you cant fully trust your broker, your with the wrong company! I can truely say that everyone in our office fully trusts our broker. She has never underminded anyone. Its unfortunate that there are brokers out there that cant be trusted. I have heard some horror stories.

I agree in some cases there is an issue, but if you are with the right company and have the right broker. There will never be an issue! Our broker has brought a lot of business to the brokrage and has been very generous with any business that has come to the company because of her. They have had complete new sub-divisions and also condo conversions that we never would have got at our company had it not been for her and her years in the business.

Todd Clark - broker

Kastings & Associates

At Keller Williams, it doesn't matter if the broker does or doesn't because the office is run by a TEAM LEADER who is STAFF and non-competing.  In addition, things like how leads are distributed are done through our Agent Leadership Council (ALC) what is composed of the top 20% of producers in the office.  Anyone can go to an ALC meeting and give input but ultimately only the members have votes.

Our broker does a fair amount of business (or at least her husband does) but he is responsible for generating business just like any other agent in the office.

I was new to real estate in 2003. I worked hard to find clients ranging from vacant lots to multi-million dollar property. I had a prospect thinking of listing a property for $2 million at 10%. While in negotiations I discovered he was also speaking with other agents in my office offering considerable lower percentages. I stayed firm and was sure to get the listing. The prospect called my broker, listed with the broker at 5%.

As you can figure from the facts above, I think brokers should not compete.

I use to work for a large company where the broker bought and sold...only on occasion.  The manager's job is first and foremost to support their agents.  So long as their actions do not take away resources, I have no problem with it (though it is easier said than done).  However, I do feel strongly that brokers should not take incoming referrals.  

NON-COMPETING, The same for MANAGERS many people want to deal with the Person whose in charge when they do business.  It's too tempting to take  deals from the agents when they are competeing.  How could you trust your broker/manger if they're competing. I was on the desk a couple came in, the man started asking me questions, not only did another agent start giving him answers but his wife said when ever we come in here we talk with the manager. it was all I could do to give him my card.

Lillian B Smith

Hey listen, I trust everyone, it is the devil inside I don't trust (great line from a movie, can't remember the name right now).  In my experience, trust is easy when smaller $$ are involved.  But I have personally been hooped by brokers on deals when 100's of thousands of dollars have been invovled.  I personally like the non-compete broker model.  Besides, I want my broker there for me when I need him not when he has time for me when he is not caring for his clients.

I sell in my office and the day I give that up will be the day I leave the business. I just like it too much to stop.  Having said that, I have a strict policy of not taking any business that is generating through the office.  My sales business is completely transparent and any one of my agents is welcome to grill me on where I got a specific piece of business.  It all comes from my sphere of influence, by referral, or through my website so I always have something that can track it back to the source.  I don't "compete" with my agents either. If I learn that one of them is going after the same piece of business that I am, I back off.

Most Brokers in CT list and sell. There was a time when the Larger offices didn't list and sell. If the Broker could refer his business to abc company for a referral fee, then why not refer it to there own agents?

Unless, your agents are paid a LOW Commission split, whereas the Broker should try to help those agents along.

Our office splits start at a 70% split to the agents and goes to 100% concept. So ALL my agents have there own business anyway.

Http://RealtyExecutivesResults.com

http://TorringtonMLS.com

I don't have a problem with it as long as they share the wealth.  My broker currently does a round robin with leads, and her name is in the mix. We have a very small office and all is fair.  I am currently going for my brokers license and will sell and list, but I too will have a round robin lead board.  Next in line gets the lead, no one person will be special in my office. When I get to be large office broker I hope to be then I would love to just hand all my agents the leads and I will then just mentor and manage without selling or listing.

I am a Broker for many years, I worked for Prudential NJ (28 offices)they would not let their Manager's sell, therefore I would not be a manager. I mentored, did relocation and watched as the manager's in different office locations got stale and sat behind a desk for 8 hours and had no hold on the market. I would not let that happen, I left last year and I now Manage and sell. I will never give up selling and listing.

There are times when a broker has to list and sell properties. When just starting an office someone has to pay the bills until the office can become self sufficient. I have been using the Brian Buffini program and the business I get now is from past clients referals. By no means am I going after or marketing to other agents areas.

But being the broker I do take all the buyer leads from my website and refer them to the agents in my office. I use a calander and each day the person on that day gets those leads. It rotates and any new agents get put in the next months rotation. It works and everyone is happy.

I am in the process of getting my brokers license,  I will list and sell until the office is self suffient and then I will no longer do either. I think if a broker is listing and selling after the office is up and going, then they are greedy. They should be spending their time more productively. Getting the company name out in the Community and spreading the goodwill around to all. I currently work for a non listing or selling Broker and it is the #1 GMAC in the World, I guess that's why I feel the way I do. Just my personal opinion..