commissions: FUTURE of REAL ESTATE COMMISSION (ponder)
- 10/30/23 11:08 AM
No one can deny that throughout your entire life, change traveled with you. Some, we accepted without question or hesitation, while other change proved more difficult to grasp. Some change is heaped upon you like it or not! We are seeing change in every category today especially in technology.
HOW REAL ESTATE MAY ENTER INTO CHANGE
Applications (apps) are being developed at an extraordinary rate of progression making certain developers wealthy in the process. An app on how to play checkers better won't pay-off as well as an app that innovates and excels in its use & intention. That's what all the tech … (5 comments)
|
commissions: COMMISSIONS EXCEED 100 BILLION ( the pie slice)
- 07/11/21 06:22 AM
There is blood in the water just like there is gold in the hills and diamond mines to be dug, add buried treasures, get rich quick schemes and opportunists galore. Real Estate if explored with amusement is like one of those watering holes in the Amazon were all sorts of animals congregate first for the water, then to mate, then to declare territory and for the many to eat and be eaten
WHAT ARE "THEY" THINKING?
Today as in right now, Real Estate is moving for the players involved. It is a healthy long-term, wise investment to hold onto & for those that … (4 comments)
|
commissions: SELLER SELLING HIS HOME THROUGH ME
- 03/22/19 10:21 AM
I have a client who comes along once in a great while who just wants everything to go and show well in the selling of his home. Making repairs ahead of time without being told, landscaping at a premium and professionally cleaned and photo-graphed including drone coverage too. Furthermore, he is researching the neighborhood to get a feel for pricing and days on market and wants to come out of the gate a winner
WHY DO YOU NEED ME?
Lets get right to this subject because you can't help think it. Why me and not you? He does not want a fool for … (11 comments)
|
commissions: THE PUBLIC AT LARGE DOES NOT KNOW
- 02/09/19 08:05 AM
Agents, family, friends and people at large are all aware in general about various subjects but does that mean they know what they are talking about? This question applies to all careers, practices and endeavors one can pursue. I know a little bit about everything as my seeking and wanting to know ability runs at optimum however does that make me a master of the subjects or the products for that matter?
REPETITION CAN DECEIVE
I file taxes every year but I could not tell you anything about the tax laws & all related matters to it. I know to file or else … (9 comments)
|
commissions: REAL ESTATE COMMISSION ESSENCE (discussion)
- 03/04/18 06:50 AM
The always present subject found in big some big business especially Real Estate is commission or the cost of hiring an agent to handle the transaction to a likely result. If a buyer is on the hunt, they want an agent that excels in that. If it be a seller, an agent who practices just that. Why? Because each dynamic has its specific issues and advantages that shift back and forth as they should
FINDING EQUITABLE
Buying and selling agents bring a balance (or win) for their principal while at the same time including themselves. This is done everywhere in commerce. The system is very … (0 comments)
|
commissions: PAYING FOR YOURSELF
- 04/14/17 11:27 AM
There is a rule in business that stands out quite well when an employer hires employees and pays them a certain amount of money. If the amount being offered is not flexible, the business is saying that it will pay that amount only and can afford to if it gets what it wants. There are some employees that insist on more thus the rule I am about to explain
PAYING FOR YOURSELF
Business today is a serious matter because of the dollars & sense that drive it. Fail to respect the economics of any business foundation and it will soon give itself up and … (6 comments)
|
commissions: WHEN SELLER & BUYER REACH LIMIT
- 02/10/17 03:18 PM
It starts out healthy enough. A pricing, a product, its condition and how bad someone may want it all come together rather quickly now-a-days. This is as it should be as Real Estate is alive, lucrative and in demand. Considering that they don't make land anymore, Real Estate works the premise well
AGENTS
Agents have to make sure all things come together as presented and stay that way through a certain period of time. All parties expect situations where give & take kick-in and compromise rules the show. Sometimes the unexpected appears making all take a deeper, longer look at the deal
HERE WE GO
I … (28 comments)
|
commissions: AGENTS DO YOU EARN YOUR PAY?
- 06/06/16 07:05 AM
Lets not dispute that an agent brings value to the transaction. This is beyond discussion. Its like anything else needed or wanted by a consumer. We seek out what is the best product, service or way to proceed and then we do so. Money buys us different levels of results as in you get what you pay for. Not everything we do is based on money outcomes alone but it plays a significant part
WHO FIRST?
Here's the thing. When you get a product, a listing, a potential buyer, an investor or rental situation, how much of your time is devoted to the promise to bring about … (7 comments)
|
commissions: LET THE COOLER HEADS PREVAIL
- 03/18/16 07:37 AM
I am finishing up a Real Estate transaction that was similar to a roller coaster ride only it had more ups and downs and went on for weeks until it stopped and let everyone get off. Whew! It is prudent to point out that Real Estate in and of itself is relatively easy if handled right. In the handling, I recommend not only using professionals, but objective ones. Read on ...
NO TWO ALIKE
Every Real Estate transaction is different as is every home, condo or investment property offered for sale. Even when it appears that there are identical homes or property they can never … (13 comments)
|
commissions: BEFORE I COULD SIGN FICKLE CLIENT UP...
- 12/07/15 08:09 AM
Some other agent got to him. I have been working with this guy for months now. He wanted to sell his place and was impressed with me so he began serious dialog to have me handle the property. To capitalize even farther on this happy occasion, he stressed that he needed to get a commission break or some special privileges. Okay, I will give you the neighbor, family or friend discount
MONTHS GO BY
I meet up with the guy. We exchange emails. He is asking me for all sorts of opinions which I encourage people to do. After all, I have over four decades … (16 comments)
|
commissions: RAN RIGHT REALTY SALES PROCESS
- 09/23/15 09:34 AM
In Real Estate, there is a general mode and understanding that everyone can relate to and a specific one where the interaction is spelled out and carried out along a time-line. It doesn't matter if you are buying, selling, renting or investing, Real Estate is a time driven transaction and it comes with one obvious point
IT CAN OVER AND UNDER WHELM
Underwhelm: this is when we fail to make an impression in the Real Estate world either about the product, service or application in regards to transacting.
Overwhelm: give or introduce too much of a certain thing or item where it inundates and dominates not allowing … (8 comments)
|
commissions: I GET THESE REAL ESTATE CALLS...
- 08/10/15 11:53 PM
Richie, I want to talk to you about selling my home myself. I don't want to pay the $20k in commissions. I need you to help me get through the legal part of the transaction. I must sell because if I don't, I will have to pay taxes on this 1031 exchange. Can you give me some pointers on how to proceed. Can I? Sure
OKAY...YOU WANT TO...
First things first. I repeat everything back to the caller so that they feel they don't have to repeat it themselves once again. I then say, I heard you and I am clear. Now, how am I … (12 comments)
|
commissions: STOP LOOKING AT IT LIKE JUST AN EXPENSE
- 07/27/15 08:42 AM
I understand the money aspects of everything. It is wise to point out what money can or cannot buy. If purchasing something of value, then you want your monies worth...no doubt about that. Real Estate agents fall into the category of necessity not an expense in that order. A seasoned agent pays for themselves but many don't know this unless something goes wrong
IT WENT WELL
So everything goes well or as planned and human nature causes us to say in hindsight oh we could have done that and saved a bunch money too. The house sells fast, it got good money, it didn't stall and escrow closed. … (4 comments)
|
commissions: TRIM COMMISSIONS TO MAKE IT WORK?
- 07/01/15 08:54 AM
I don't plan on this happening but it does come up. Sometimes a Real Estate transaction is so tight with very little room to maneuver in that it calls for out of the box thinking and solutions to close. I am speaking about the often argued, looked down upon and unpopular suggestion of commissions used to offset or help along the problem/solution
MORE or LESS
There is no doubt that to many agents, this only creates additional problems. To some, it is a way of helping along a deal that is limping or in need of assistance to survive. It becomes troubling especially when someone is gaining … (10 comments)
|
commissions: FSBO IN THEORY IT IS DOABLE
- 05/26/15 11:12 PM
In application, FSBO presents itself in another light. When I was studying to become a Real Estate agent, I found the process daunting and confusing and that was just on the initial inquiry. I put off wanting to know more because it required commitment to want to know. I wasn't ready. When I did move forward, it required my full attention, focus and obligation to complete
IT'S NOT BEDTIME READING
It became harder to take-in with study. Why? It is another world with documents, its own language and procedures that even if you do grasp it in stages and glimpses, still remains confusing and requiring much effort. Eventually, … (11 comments)
|
commissions: LOW COMMISSION EQUALS NO SHOWING?
- 05/24/15 02:25 AM
What an interesting subject matter this is. It crosses over into ethics, honesty, fiduciary, fair and honest, financial dealings and just plain out making a living. However, there has to be a right way to proceed that supersedes all opinions. I am going to tell you what that is and you are going to say it makes sense...BUT
SERVICING THE CUSTOMER
It is called customer service. We are for sale, for hire and offer services to help buyers, sellers, investors and the like; to form, shape and then carry out Real Estate centered activities. Who but agents in the business that move hundreds of thousands … (133 comments)
|
commissions: THE REAL ESTATE OF DECADES AGO
- 04/09/15 10:12 AM
Before I became interested in Real Estate, I noticed that agents ruled the Real Estate earth and brokers ruled them and Real Estate didn't move an inch unless these movers and shakers of the industry helped it along. I used to see agents all over town driving nice cars, dressed to the hilt carrying briefcases or handbags and walking with a purpose and posture
THEY STOOD OUT
These People (agents) spoke a lingo from another planet called Real Estate speak using words that even defined needed an explanation for the explanation. They even had special calculators that only they could work that actually told you … (10 comments)
|
commissions: KEEP THE COMMISSION I DONT CARE ANYMORE
- 04/01/15 12:17 AM
It was large home on a cul de sac in a very expensive part of town that was gated. The regular police patrolled the street leading up to it all the time. The neighborhood was safe, expensive and suffered, (if that is the right word), from not having anything for sale. Once you got in, you stayed in no matter what
WHAT NONSENSE?
The listing came to me like wings in a dream. You know, the feeling of flying in your dreams and how it feels until you wake-up and lose it? That's how I felt when I was contacted and asked … (9 comments)
|
commissions: GETTING PAID LAST FOR WORK THAT COMES FIRST
- 01/06/15 05:26 AM
Amazing when you stop and think a bout it. Real Estate agents don't get paid until they make it happen. PAUSE and let this sink in. We already have our expenses and outlay in place and we are always looking for an opportunity to feed the machine to offset expenses and profit our operations. We work and then get paid. It is a results driven business
THE SET-UP
The initial contact is where it begins. We answer the phone, the text or the email or an inquiry in the moment and it begins. From there, we launch into a successful meeting of … (5 comments)
|
commissions: PROCURING CAUSE IS NOT COMPLEX UNLESS IT IS
- 12/11/14 10:48 PM
King Solomon demonstrated it quite nicely. Who originally gave birth to this baby? Whose the real mama here? Two women claimed that they were both the procuring cause of the child. Prior to visiting with the King, I have no trouble believing that they argued, threatened and both stood their ground with each other firmly saying...this is mine!
ONLY ONE BUT WHICH ONE?
One of them was the procuring cause while the other tried to lay claim to something that while their hands touched upon the child and even had some say in its life for a brief moment and there was no denying contact... decided … (5 comments)
|
No one can deny that throughout your entire life, change traveled with you. Some, we accepted without question or hesitation, while other change proved more difficult to grasp. Some change is heaped upon you like it or not! We are seeing change in every category today especially in technology.
;)
;)
;)
