QUESTION: Sir John, I am an accredited broker of ABC Development Corporation. ABC have many listing of brand new subdivision houses and condominium units. Would you like to partner with me as my affiliate broker? I will give you a cut or share in the commission.
ANSWER: As much as possible, brokers get accreditation directly from the developer or owner of the property. A broker will only subject himself to become an affiliate broker of a primary broker in three instances: (1) when the primary broker holds an exclusive listing/agency agreement with the developer/owner; (2) when the affiliate broker works inside the firm owned by the primary broker, or (3) when the affiliate broker and primary broker forms part of a bigger network of brokers who share listings, information, referrals, and resources.