I was at my clients place, supervising some repair work, when an agent friend brought another agent and her buyer to view the unit. I never communicated with the buyer. The agents were negotiating with me, but they couldn't bring the buyer close enough to my base price.
2 days later, i received a call from a buyer who informed me that he came to know I was selling the unit.
After another 4 days - we settled the price.
I know it's the same buyer - because I have dealt with him years ago with another agent.
Honesty would have me at least pay an agent a referral fee at least.
BUT looking at the situation, I don't really have to since I didn't call the buyer. The buyer went to lengths to locate my number.
My boss thinks there is no referral fee required.
Is this really a matter of ethics?
I think so, because this industry is already loaded with jokers, we need some level of professionalism.
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