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Re: Booking Agents... (Kinda Rant)This statement is NOT true. I have had my Real Estate License for 10 years and what you describe is not how it is any more. This was correct many, many years ago, not today. An Agent of any sort is suppose to have a Fiduciary Duty to the customer. If a band hires a Booking Agent then that agent must work in the band's best interest or they could possibly be breaking the law depending on the laws of the particular state. In addition, it could possibly be illegal for an Agent to write a contract between the Band and the Venue/Buyer if they are not Attorneys, again depending upon the states laws. If the Agent is also being paid by the Venue then the Agent must disclose that. Unfortunately, unlike Real Estate, the bar music scene is not something that is regulated and it would be up to the customer to take legal action.
Re: Booking Agents... (Kinda Rant)
This statement is NOT true. I have had my Real Estate License for 10 years and what you describe is not how it is any more. This was correct many, many years ago, not today.
An Agent of any sort is suppose to have a Fiduciary Duty to the customer. If a band hires a Booking Agent then that agent must work in the band's best interest or they could possibly be breaking the law depending on the laws of the particular state. In addition, it could possibly be illegal for an Agent to write a contract between the Band and the Venue/Buyer if they are not Attorneys, again depending upon the states laws. If the Agent is also being paid by the Venue then the Agent must disclose that. Unfortunately, unlike Real Estate, the bar music scene is not something that is regulated and it would be up to the customer to take legal action.
