Quote:
Originally Posted by newgirl
Real estate sales is a career that every agent that has ever sold a home has learned what they were doing by the broker that held their license. The license does not teach you how to sell. Every agent learns from every deal they do more then by anything a broker can teach them. I was surprised that the Villages won since these folks first and foremost we're 1099 independent and as such, owned their careers outside of the brokers umbrella and I have never heard of any broker being able to tell a agent they could not move on, what you sign is a agreement not to use the brokers name if the broker no longer holds your licence.
If you owned a store, this outcome says you can not sell your store and buy another store , different name if you sell the same items or buy product from the same warehouse. Sounds crazy huh..this is exactly from what ( little) I know about this lawsuit. If they took computers given to them to use under the broker then I could see a problem, but experience...this sets a scary picture for all sales people from real estate to furniture sales people.
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When I sold my business, the buyer required me to sign a non compete agreement. I certainly understood why. While I owned my business for 32 years, sales people were required to sign my non compete agreement when they were hired.
The people who came to work for me knowingly accepted the non compete clause, as did the realtors hired by The Villages.
Had one of my employees left to work for a competitor or to start their own business, and took my records with them, I would have done exactly what The Villages did.