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Originally Posted by Laker14
I don't love the fact that they don't share their commission with a buyer's agent, so you either have to trust them not to screw you, or you have to pay your own agent out of your own pocket. Having said that, I have never heard anyone complain about the net result of using a VLS agent.
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It sounds like you may be confused about the process or VLS? I have it on fairly good authority, that both the Listing and Selling representative get paid on VLS sales (like any real estate office would do). I'm not exactly sure what you mean by a "Buyer's Agent"? In order to receive a "Commission" in Florida, you must be a Licensed Broker (unless your selling for a Developer, from their own portfolio, like new homes in TV). Where does a "Buyer's Agent" get into the equation?
Quote:
Originally Posted by ElDiabloJoe
I'm not asking about VLS vs MLS. I'm asking if there are any real differences in advantages between VLS agents. Do some get better, more, or faster information or get other internal advantages due to their seniority or team size or gross sales numbers? Are ALL the VLS agents on equal footing or are some "more" equal than others?
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If VLS is like any other Multiple Listing service in the USA, the answer is "yes" unofficially and "no" officially.
A Listing Broker will always know what properties they have coming online and a good one, will let his/her friends know about it, before it hits the wire.
"Officially", it's bad business practice and contrary to good employee relations to do such a thing ... not that it doesn't happen between friends.