The Villages Sues FTC Over Non Compete Policy
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- Опубліковано 16 жов 2024
- In a last ditch effort to keep their 24 month NON COMPETE intact, The Villages sues the FTC. In the next few months, the FTC's banning of non competes takes effect and The Villages are worried that it will hurt their training and encourage their sales people to jump ship. This should be interesting to watch. Tell us what you think below!
Should The Villages be able to stop someone from selling in the community should they leave their sales team?
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A 2 year non-compete is ridiculous.
The Villages needs to pay 2 years for that non-compete.
Like Skip Smith says all the time about things like this “it’s the good ol’ boy system” when the TV deals with counties, legislators, or judges.
Taking on the FEDS in court is a frivolous use of POA fees.
Just a couple of thought. First, does the Villages require Sales Reps to have their Real Estate license? If not, then it's really not the same job so the non-compete would not apply. For new construction I'm not seeing any competitive issues as only Villages Sales Reps can sell new builds. For re-sales, the only issue would be with the "seller" side, and this would be a tough call. The Village is in a bit of a contradictory mindset as they have had and continue to have exclusive sales rights to every single property (commercial and residential) on the Villages property at one time or another so they have certainly re-couped any and all "training" expense. As you mentioned we know why they are doing this and its certainly not in the best interest of the workers or the customers.
Agree, TV’s shouldn’t deny a former Sales Rep an opportunity to make an income, immediately after leaving their job at TV’s. Or pay them. Surprising to hear this is TV’s business practice.
195 dollar amenities fees are a bargain for what we get. Wish my summer house in NY had the same. We dont get squat in NY
A non compete is big business controlling costs and keeping the little guy down. I think unless you are a top level executive the ban should stick. I have been bound by the stupid non compete and yet offered almost double my salary and just can’t afford to take the chance of a lawsuit. I believe competition is good and keeps the big business in check. Why do I make less than 200k but the CEO makes 10 million.
I think a non compete makes sense to prevent taking possible leads made while with The Villages. However, 2 years is ridiculous. It should be reduced to 6 months at most.
FYI. All executive golf course are FREE
@@Rich-7021 Nothing is FREE Rich. No such thing.
Should The Villages be allowed to continue it's non compete? Let us know below.