Property Grunt

Thursday, July 21, 2005

Client Poaching Part 2

So what happened?

Well the property manager alerted their superior who supported the decision of blocking the deal with the second broker. Despite the fact that the clients were not doing anything illegal, the head property manager felt it was unethical and unprofessional for the second broker to pick up the fee since the first broker did all of the work.

The property manager stated to me that although it would be an easy way out to simply accept them, it went against the property manger's principles to close this deal. In fact it just baffles the property manager that the motivation of the clients for their actions was that they disliked the originating broker.

If you didn't like the broker in the first place you should have never put in the application through that individual.

As of this date all parties are at a standoff.