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Commission Cutting Turns Me Upside Down! - 10/05/06 10:21 AM
I can’t believe in this market, I’m still getting calls and emails asking for a commission discount! I used to say my commission is “X”, you decide what you want to pay a co-broke. You can pay “X”, you can pay “X minus ½ a percent”, you can pay “X minus 1 percent”. This was ok in an appreciating market with no inventory! Now, with choices of what to show, agents are going to be reluctant to show the reduced commission properties! I know some readers will do the righteous thing and show everything, but I just don’t buy into that! Agents (23 comments)
We’ve Come A Long Way Baby! - 10/05/06 09:32 AM
I was going through some old listings from 2 years ago. I would pay full price for every one of these homes! It was unbelievable how I struggled to get some of these homes sold and begged for price reductions. And only a few years have passed and they seem like bargains now! I wonder if the buyers who fought with me over the price would look back and think that they really got a bargain! (4 comments)
Do You Recycle? - 10/05/06 08:47 AM
When we sell a home, we leave the virtual tours on the web. We remove the asking price and the address but the tour remains. It stands as a sample of the quality of work we do, what cities we list homes in, and as a testament to the fact that we sell homes! An ancillary benefit is that we occasionally get calls from buyers asking if we have any more homes like the tour they saw. We always have something to show them. Our most recent sale was a $2.8 million dollar home that paid us $84,000. Better than recycling trash! (7 comments)
Partnership To Success! - 10/04/06 08:30 AM
When I started in the business (full time) 13 years ago, I joined my mother in the business. I didn’t want to be accused of riding her coat-tails so I farmed my own area. Our business was kept separate. She earned commission on her business, I earned on mine. We helped each other when needed but did our own thing. After 3 years, my production equaled my mother’s. At that point, she allowed me to become her partner. We then combined the business and at that point it doubled. As she doesn’t need to work and only does so to keep busy (loves (7 comments)
Realtor Idol - 10/04/06 07:49 AM
Who’s your Realtor Idol? When I first got active in Howard Brinton’s Star Power Systems, I met some people that were doing some outstanding levels of business! It was incomprehensible that someone could actually earn $5 million dollars in commission income in one year! Rather than be a “Simon Cowell” type of judge, I thought I’d be more of the "Paula Abdul" type! Get out of judgment and into inquiry! Those people, doing extraordinary levels of business became my “Realtor Idols”. I aspired to adopt some of their traits. I learned as much as I could from them! Who’s your Realtor Idol? (12 comments)
BLOG OR PORN???!!! - 10/04/06 06:53 AM
My wife yelled at me this morning! She called me off of my computer and had me come into the kitchen! She then said “are you on ‘that’ blog site again?” I said I’m doing a lot of things on the computer, responding to leads, paying bills, reading interesting articles and oh yeah, a bit of blogging. She said, “why can’t you keep us company in the morning instead of being on your computer?” I defended myself by telling her that I get half my day accomplished before most people get out of bed! We all have the same amount of (16 comments)
Wacky? Maybe Not! - 10/03/06 07:22 AM
Scott Daniels, in a blog this morning, inspired me to relate some thoughts on the “wacky” requests of some potential clients. While at first we are inclined to respond with statements such as “what mental hospital” have you escaped from?”, share a minute of thought with me. A prospect wanted to list a home at $550,000 when their house was only worth $220,000. I said no problem and promptly filled out a listing agreement. His next question was "what's your commission amount." I said 15%. He looked shocked. He then said, "How long is your listing agreement?” I responded, “10 years. It will (25 comments)
Schools Chief Under Fire For Gag Video! - 10/03/06 06:48 AM
A Chicago school superintendent is facing termination for a gag video he made to welcome new teachers. He spliced footage of their interviews with questions that were later recorded, such as “What were the results of the last drug test that you took?” The reply: “It was positive.” This causes me to recall a blog I wrote early in my AR blogging days about Windstorm Ernesto. It was a humorous look at the “hurricane” and preparations. For those of you who remember, an anonymous blogger didn’t think it was funny. He left a scathing reply. For a fleeting moment, I considered not (7 comments)
Another School Shooting! - 10/03/06 05:37 AM
I purchased a former bank building. The interior requires some renovation but the majority is all glass offices. You can see what’s going on everywhere and would know if there was a fire. The local fire department wants me to install a sprinkler system even though they aren’t required by state law. The expense and time delays are astronomical! I have no choice to abide by this requirement! My point? If the local fire department can require fire sprinklers, why can’t someone require that schools have barometric weapons detection systems tied to electronic locking doors? How about devices to notify police in an emergency? How (3 comments)
Things To Ponder! - 10/02/06 10:49 AM
I'm pondering why if I cut and paste a blog into AR, it's converting all of my capital letters to small case letters? What's up with that? Here's some other things to ponder: why isn't phonetic spelled the way it sounds? why are there interstate highways in hawaii? why are there flotation devices under plane seats instead of parachutes? why are cigarettes sold in gas stations when smoking is prohibited there? why do fat chance and slim chance mean the same thing? if you can't drink and drive, why do you need a driver's license to buy liquor, and why do bars have parking lots? do you need (12 comments)
Divorce Is So Ugly! Keep Me Out Of It! - 10/02/06 10:20 AM
I met a prospect at her mansion. She waived some official documents in my face and told me that the court ordered her to sell her home as part of her divorce. I took the listing and was well on my way to selling it, when I received a letter from the husband's attorney! It demanded that I un-list the property and remove my sign. It went on to further warn me that they would have me or any potential buyer arrested for entering onto the property! I did as I was instructed as I didn't need the headache and heartache! Two weeks later I was subpoenaed to (5 comments)
How Do You Perceive Your Competition? - 10/02/06 08:45 AM
For years I thought of another successful agent in my market place as a "list ‘em and leave ‘em" kind of guy. Yes, he's a listing machine, taking over 200 listings a year! There was a negative "buzz" about him amongst agents that I personally adopted and believed. He then joined my office. Turns out he was nothing like the "buzz" that I had been lead to believe. We've been friends for 7 years and learn a lot from each other! Another top producing agent team was also not well liked by most agents around them. I've become close friends with them as well. The (5 comments)
I'm Already Listed But You Can Sell It!!! - 10/02/06 08:10 AM
I'm sure we've all had the experience where someone calls and says, "My house is listed with Agent Jane Dodo (usually a family friend or relative), but feel free to show and sell it! Here's a perfect example that I received last night via email: Dear David, Due to the reason, that I am currently residing in Europe, Mrs. Carol of Coldwell Banker in Hollywood, Florida has an access to my condo in Hallandale, for the purpose of showing it to the prospective buyers. However, if you should be interested going into this sell jointly, what I would like very much, please contact Mrs. (7 comments)
Quit Your Wining! - 10/01/06 10:12 AM
Last week, I sent an email to the AR guys. Not because I care about my rankings here on AR, but because I felt that I was unfairly criticized. (points removed). I provided a list of the items that are in my operations guide. It took me years to refine and revise the guide to where it is the bible for running my business. McDonalds, one of the world’s largest corporations, is run by pimply faced teenagers! How, because they have systems in place that are easily taught to these kids. I’ve taken that and made my own guide. The AR guys (8 comments)
Daddy, Are You Ahead of that Girl? - 10/01/06 09:02 AM
I gave up blogging for points after the first two weeks on AR. The pressure was just too great! I find that I write and contribute better when I’m doing it to provide substance of value to my fellow readers! Today, my 6 year old son Charlie was looking at the site and asked me who “that girl was” whose picture was just above mine. It was a picture of another AR blogger. I told him it’s someone that participates in the website. He asked me why her picture was on top of mine. I told him it was because she (12 comments)
Want Some Candy Little Kid!??!! - 10/01/06 08:22 AM
What’s with all of these sickos? Congressman Foley is all over the news, having just resigned his seat after sending sexually explicit internet messages to young boys! His response, “I am deeply sorry.” Listen you twisted fuck, Keep your sick, perverse, illness in your filthy mind or seek help! Once you act out your obscene fantasies, you’ve crossed too far over the line for apologies! I had blogged about what I would do if I was God. Here’s one for all to consider: I would feed you feet first into a tree chipper, nice and slow while I was (10 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.