Correspondence Regarding Zip Realty Inc. (07/21/2005)
David J. Lubocki, MS, JD To: General Counsel & Dir., HR Dept / CA HQ, ZipRealty_Dated: _07/21/05_ As a WA licensed Realtor® that had worked for you for 10 months, until the end of last month, I was never paid a salary or for my past expenses. I was only paid a future 40% of net LOC or SOC commissions after ZipRealty had been paid for my closed seller listing sales and buyer purchases. Your total non-payment for my own client's still Pending transactions that were already in escrow at the time of my employment termination, under the terms of your employment agreement (that I signed when ZipRealty was still a privately owned real estate brokerage and not yet on the stock exchange as a publicly traded company) is not only unfair, but may be unenforceable and unconscionable terms of my employment. I am still working as a WA licensed Realtor® at RE/MAX Eastside Brokers, Inc. and I was the appointed agent on these signed Listing or Buyer Agreements. Under "quantum meruit", for performed Realtor® services and ethics & fairness, I still expect for you to pay me my portion of your commissions for my referred pending client closings that were not even ZipRealty referred new clients to me. If not, I will need to pursue all of my legal remedies and arbitration, and I will also need to send copies of this letter regarding this situation & your unfair Realtor® employment and payment practices to all related Real Estate licensing agencies, the NWMLS & SKCAR & WAR & NAR, the State Better Business Bureaus, the SEC, the FTC, and the State Labor & Employment Relations Departments. I hope that this can be resolved without my further arbitration or legal actions, and I still expect to be sent my commission on these now closed or paid sales. Sincerely, David J. Lubocki, MS, JD, Realtor® Licensed in WA |