Partner in truoble..am I?

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May 17, 2007 7:11 pm

Here is the situation. I have a partner ,we split commission 50/50.We also share a sales asst. My partner is being accused of having his sales asst sign for HIM on a brokerage application. I understand this is reason for termination but my question is....If he is found guilty do you think I am facing termination as well.?..Let me preface by saying I had no idea this happened.

May 17, 2007 7:52 pm

I think you'll be investigated and questioned as your practices, as well as, what you knew about your partner and when you knew it.


I know from experience, a partner can scr*w you; even one you've been friends with since junior high school. However, in my case, I was able to turn the tables. It took a while, but I did it. Now, my ex-partner has tax liens, banks chasing him down, and has lost 80% of his staff.


Yes, there is justice in the world.

May 17, 2007 8:21 pm
waterboy:

Here is the situation. I have a partner ,we split commission 50/50.We also share a sales asst. My partner is being accused of having his sales asst sign for HIM on a brokerage application. I understand this is reason for termination but my question is....If he is found guilty do you think I am facing termination as well.?..Let me preface by saying I had no idea this happened.


THis is perfect. He gets fired and the split goes to 100/0 in your favor.

May 17, 2007 8:57 pm
Bobby Hull:
waterboy:

Here is the situation. I have a partner ,we split commission 50/50.We also share a sales asst. My partner is being accused of having his sales asst sign for HIM on a brokerage application. I understand this is reason for termination but my question is....If he is found guilty do you think I am facing termination as well.?..Let me preface by saying I had no idea this happened.


THis is perfect. He gets fired and the split goes to 100/0 in your favor.



Way to point out the bright side Bobby.


I may disagree with ya but no doubt you're good for a laugh.

May 18, 2007 7:50 am
ExPropTrader:
Bobby Hull:
waterboy:

Here is the situation. I have a partner ,we split commission 50/50.We also share a sales asst. My partner is being accused of having his sales asst sign for HIM on a brokerage application. I understand this is reason for termination but my question is....If he is found guilty do you think I am facing termination as well.?..Let me preface by saying I had no idea this happened.


THis is perfect. He gets fired and the split goes to 100/0 in your favor.



Way to point out the bright side Bobby.


I may disagree with ya but no doubt you're good for a laugh.



If you really want a good laugh, you ought to see the stuff that I DON'T post!

May 18, 2007 11:32 am

In my opinion, your partner should come to the realization that his summer will be full of lazy days at the beach. As for you, start looking for a new partner....

May 23, 2007 6:52 am

Is there any way what so ever outside of leaving the industry, of getting out of paying a promissary note?? Has it been done, and if so what was the argument?

May 29, 2007 11:46 pm
waterboy:

Here is the situation. I have a partner ,we split commission 50/50.We also share a sales asst. My partner is being accused of having his sales asst sign for HIM on a brokerage application. I understand this is reason for termination but my question is....If he is found guilty do you think I am facing termination as well.?..Let me preface by saying I had no idea this happened.



Oh boy,
almost a happy ending, almost!

May 30, 2007 12:03 am

You seem preoccupied with troubled teenaged girls.



Why is that?