real estate sales meeting real estate commission percentage

My company has made our weekly sales meetings mandatory with the penalty for not attending being lowering my agreed upon commission percentage. Is this legal? I am a commission only private contractor.

Asked on June 3, 2009 under Employment Labor Law, North Carolina

Answers:

MD, Member, California Bar / FreeAdvice Contributing Attorney

Answered 11 years ago | Contributor

I don't believe that is legal, especially if you miss based on illness or other meeting or issues.  Your best bet: you need to contact two agencies within your state to get a definitive answer because this not only covers customs and practice in your state regarding real estate companies, but employment law, as well.  In a commission based environment, laws tend to get a bit more complicated and hazier, as well.

Try the following:

1. North Carolina Real Estate Commission: http://www.ncrec.state.nc.us/

 

2. http://www.nclabor.com/  (see wage and hour complaints on the right-hand side). 

 

Hope this helps. Good luck to you.


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