<div dir="ltr">Please respond to the list.<div><br></div><div>On a semi-related note - I recently had a Managing Broker tell me that his real estate firm could not refund a buyer the fully agreed upon commission rebate out of the SOC because the buyer's lender said they would not allow the full amount of the rebate to be paid in closing. He also cited this statute saying the firm could not pay the buyer the remainder of the commission rebate outside of closing because the buyer was not a licensed broker.<div><br></div><div>Thoughts? </div></div></div><div class="gmail_extra"><br clear="all"><div><div class="gmail_signature" data-smartmail="gmail_signature"><div dir="ltr"><div style="color:rgb(0,0,0);font-family:'Times New Roman';font-size:medium"><div style="color:rgb(34,34,34);font-family:arial,sans-serif;font-size:13px">___________________________</div><div style="color:rgb(34,34,34);font-family:arial,sans-serif;font-size:13px"><span style="text-transform:uppercase;color:rgb(0,0,0);font-family:'Arrus BT',serif;text-align:center">Randall J. COrnwall</span></div><div style="color:rgb(34,34,34);font-family:arial,sans-serif;font-size:13px"><span style="color:rgb(0,0,0);font-family:'Arrus BT',serif;text-align:center;text-transform:uppercase">DEMCO LAW FIRM, P.S.</span></div><div style="color:rgb(34,34,34);font-family:arial,sans-serif;font-size:13px"><span style="text-transform:uppercase;color:rgb(0,0,0);font-family:'Arrus BT',serif;text-align:center"><a value="+12062036000" style="color:rgb(17,85,204)">(206) 203-6000</a></span></div></div></div></div></div>
<br><div class="gmail_quote">On Mon, Jun 19, 2017 at 12:41 PM, Roger Hawkes <span dir="ltr"><<a href="mailto:Roger@law-hawks.com" target="_blank">Roger@law-hawks.com</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
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<p class="MsoNormal">To your knowledge are there any judicial rulings or WACS establishing a lawyer’s right to get a selling broker’s commission without a real estate broker’s license? A managing broker is quoting this statute as the reason why escrow can’t
pay a ‘procuring cause’ lawyer the ‘selling broker’s’ commission as listed on the purchase and sale agreement.<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
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<b><span style="font-size:12.0pt;font-family:"Helvetica",sans-serif;color:black">RCW 18.85.301<u></u><u></u></span></b></p>
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<b><span style="font-size:12.0pt;font-family:"Helvetica",sans-serif;color:black">Sharing commissions.<u></u><u></u></span></b></p>
<p class="MsoNormal" style="text-indent:.25in;background:white"><span style="font-size:12.0pt;font-family:"Helvetica",sans-serif;color:black">(1) Except under subsection (4) of this section, it is unlawful for any licensed firm, broker, or managing broker to
pay any part of the licensee's commission or other compensation to any person who performs real estate brokerage services and who is not a licensed firm, real estate broker, or managing broker in any state of the United States or its possessions or any foreign
jurisdiction with a real estate regulatory program.<u></u><u></u></span></p>
<p class="MsoNormal" style="text-indent:.25in;background:white"><span style="font-size:12.0pt;font-family:"Helvetica",sans-serif;color:black">(2) Except under subsection (4) of this section, it is unlawful for any licensed real estate firm to pay any part of
the firm's commission from brokerage services or other compensation to a real estate broker or managing broker not licensed to do business for the firm.<u></u><u></u></span></p>
<p class="MsoNormal" style="text-indent:.25in;background:white"><span style="font-size:12.0pt;font-family:"Helvetica",sans-serif;color:black">(3) Except under subsection (4) of this section, it is unlawful for licensed brokers or managing brokers to pay any
part of their commission from brokerage services or other compensation to any person, whether licensed or not, except through the firm's designated broker.<u></u><u></u></span></p>
<p class="MsoNormal" style="text-indent:.25in;background:white"><span style="font-size:12.0pt;font-family:"Helvetica",sans-serif;color:black">(4) A commission may be shared with a manufactured housing retailer, licensed under chapter <a href="http://app.leg.wa.gov/RCW/default.aspx?cite=46.70" target="_blank"><b><span style="color:#7dab8a">46.70</span></b></a> RCW,
on the sale of personal property manufactured housing sold in conjunction with the sale or lease of land.<u></u><u></u></span></p>
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<p class="MsoNormal">Roger Hawkes, WSBA 5173<u></u><u></u></p>
<p class="MsoNormal">19909 Ballinger Way NE<u></u><u></u></p>
<p class="MsoNormal">Shoreline, WA 98155<u></u><u></u></p>
<p class="MsoNormal"><a href="http://www.hawkeslawfirm.com/" target="_blank">www.hawkeslawfirm.com</a><u></u><u></u></p>
<p class="MsoNormal"><a href="tel:(206)%20367-5000" value="+12063675000" target="_blank">206 367 5000</a> voice<u></u><u></u></p>
<p class="MsoNormal"><a href="tel:(206)%20367-4005" value="+12063674005" target="_blank">206 367 4005</a> fax<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
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