Groups are smaller communities within the larger ActiveRain. Join groups created by others. or start your own and
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This is the place to view the past and present contests put on by ActiveRain and its members. Everyone can join the
group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
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AR's community takes the time to leave honest and transparent reviews of their experiences
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Whatever it is you're into and wherever you are, AR surely has a group for you to join.
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Each month AR runs numerous contests as a way for our members to engage in activities
that will boost their business and increase their visibility in the community and beyond.
Earn points by partaking in these contest and climb the leaderboard
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Ask a Real Estate Question
Here's another avenue for you to build relationships with others. Share your expertise with someone searching for answers.
Play the teacher role and help someone out today
Your Homepage will alert you of new questions in your state
A wonderful way to open a door to a possible new client
Ask a question yourself to get help
These state pages or hyper-local pages provide content directly related to a specific geographical location.
State, County, City and Neighborhood pages make it easy for consumers to find what they're looking for.
Post your listings, school information, local events, market reports and more
Consumers peruse these pages for information
Farm your niche market and cover all the happenings in your neighborhood
A Builder has his own site agents covering his model homes daily. They are employees of the Builder, and work exclusively for him. The Builder has a full sales and marketing department, and they are doing their own advertising to attract potential home buyers out to their model homes and communities.
The Builder co-ops with Realtors at 3%, and it's well-known in the community that the Builder is willing to work with Realtors. He sends them Inventory sheets weekly so that they will know which homes are available for "quick-move-in" should they have a customer who needs something sooner rather than later.
The Builder's policy is that the Realtor MUST accompany the prospect out on their first visit, however, his sales team is very good about calling a Realtor and letting them know that their prospect was out WITHOUT them, and that they need to come back out with them on the next visit.
Case 1 on the Court Docket:
A buyer walks in to the model, and the on-site agent shows them around, and registers the prospect. The prospect never discloses that they were working with a real estate agent.
The Builder's agent continues to follow up with the prospect, and eventually, the prospect makes the decision to purchase a home from the builder. They make an appointment with the site-agent to write the contract.
The Builder's agent gets a call from the Realtor demanding a commission since he has now just listed their home and states that he has been working with the prospect and had been showing them builder homes for some time.
The Builder's agent is surprised to hear from a Realtor on this sale, since the Realtor's name had never come up in any conversations with the prospects. The Builder's agent explains the policy to the Realtor and states that there is nothing the site-agent could do for the Realtor. The Realtor threatens the site-agent that he is going to take those prospects and sell them on a home somewhere else if he doesn't get his commission.
The Builder's agent gets a call from the distressed buyers: the Realtor called them up and made them feel badly that they did not mention him, so even though they love the home and lot, they are going to go and look elsewhere with the Realtor again.
1. Does the Realtor deserve his commission?
2. Should the Builder pay the commission in order to save the sale?
3. What, if anything, should the Realtor have done differently?
Case 2 on the Court Docket:
A couple walks into the model, never mentions that they are working with a Realtor, and end up doing a lot reservation before going to contract. They have a home to sell and end up listing their home with a Realtor-friend. Without telling the Buyers, the Realtor-friend calls up and demands a commission since they are friends of hers and she is going to list their home.
1. Should the Realtor be paid a commission?
2. What, if anything, should the Realtor have done differently?
Observations on the homebuilding and real estate market from a former senior level marketing executive in the home building industry now the president of a hybrid sales and marketing firm geared to builders and developers.
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.