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Blog entries tagged with "discount broker":


discount broker: Are sales commissions too low or too high? Would you be more comfortable paying 3.5%? - 09/24/08 04:11 PM

I would guess this will depend upon which side of the fence you are on.
Brokers and agents will say too low, because the inventory takes longer to sell and hence the brokerage and consequently the agent has to wait much longer to be paid, if indeed they are able … (0 comments)

discount broker: Just Because the SIGN SAYS 1.75% Doesn't Mean that is What YOU WILL PAY! - 09/02/08 07:30 AM
I hope you don't mind, but I have to get this off my chest.  A while ago I wrote a post that was very controversial with the DISCOUNT BROKER community that I eventually deleted, but after this past Sunday wish that I didn't.  I was sitting at my open house this past Sunday when a … (18 comments)

discount broker: Flat Fee MLS Listings - Question & Answer for FSBO's or For Sale By Owners - 08/27/08 01:32 PM

I highly recommend all my FSBO, or For Sale By Owner, Sellers go over a thorough investigation of how the Flat Fee MLS (MLS = Multiple Listing Service) Program Works.. This Q&A Section, provided by one of our affiliates flatfeelisting.com, listed below is a great description of how the Flat Fee … (1 comments)

discount broker: Assist 2 Sell Video- Discount services in Carroll County, MD - 08/14/08 12:16 PM
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discount broker: Atlanta Homes Sold By Owner - 08/07/08 11:39 AM
What I have learned from the many Sellers who have sold their home in the by owner fashion is that they want the opportunity to do so. Most Sellers share many of these reasons as to why they love the opportunities afforded to them by the for sale by owner model:
(0 comments)

discount broker: Understanding Volume Real Estate - 07/25/08 07:29 PM
Volume real estate transactions often baffle the average agent. In fact, the average agent is lucky to close 20 transactions in a year, which equals only 1.5 transactions per month. And yet, it would be highly unlikely that there is a need to spend 160 hours on any transaction. This stems … (1 comments)

discount broker: Making the most of technology for real estate buyers and sellers... - 05/22/08 12:11 PM
   In the Bellingham geographic area there are hundreds of real estate agents and tens of real estate firms scrambling for attention and business.  As a result, it is frequently very difficult for a prospective seller or buyer to make an informed decision as to whom to rely on for real estate … (5 comments)

discount broker: What is the difference between a Traditional and Discount Broker or Agent? - 05/21/08 10:32 PM
 
Have you ever seen advertisements for discounted real estate commissions, both on the listing and buying sides?  Have you considered signing up for one of those MLS flat fee companies that list your home on the MLS for around $500 and do nothing more?  Have you ever worked with an … (3 comments)

discount broker: Is your broker watching out for you?? Things you should know before you hire a discount broker - 05/20/08 10:13 PM
Is your discount broker watching out for you??
What services will you be doing without, that you just don't know yet?
Today I came across a listing in Somerset that I've never paid much attention to. It's been listed for sale for nine months, dropped in price by 75k but … (38 comments)

discount broker: Discount Brokers - 04/09/08 05:31 PM
With the state of the housing market, sellers are looking for creative ways to sell their homes through discount brokers. Many home owners are feeling the pinch as foreclosures are driving down prices; they are finding it hard to compete. There are a few local discount brokers who will list your home for a … (1 comments)

discount broker: Value VS Cost - 04/06/08 12:29 AM
There is always a lot of discussion about agents charging too much and that we should discount our commissions.  Some agents must agree with the consumers, which is why you see more and more discount brokerages popping up around the country.
It always amazes me how many of these discount brokers never … (7 comments)

discount broker: HOW DO YOU SELL YOUR HOME IF NO ONE CAN MAKE AN APPOINTMENT TO SEE IT? - 02/22/08 03:19 PM
I have been meaning to write a post about this for quite some time!  Today I scheduled several appointments to go out and view some homes this weekend and to my surprise in one of the listings not only was the contact information wrong to schedule the appointment, it gets better!  … (15 comments)

discount broker: Would You Use A Discount Doctor Or Lawyer? | Old Real Estate Comparison Argument Reviewed - 02/01/08 04:48 AM
If you're a buyer or a seller you may not have heard this one but for the average Realtor, we've been armed with this statement as an objection handler since the beginning of the profession.
SELLER: "We want to use XYZ Realty because they are cheaper."
AGENT: "I understand that and let me … (8 comments)

discount broker: Illinois Real Estate - 01/27/08 10:29 PM
 Buyer Rebate Program 
Attentions Illinois Home Buyers.  Consumers Choice Realty, Inc. provides buyers who use our buyers agent service a cash rebate of 1% of the purchase price upon a sucessful closing.  Illinois is one of the many states that allow commission rebates.
The seller or listing broker pays us a commission typically 2-3% … (0 comments)

discount broker: Thinking Of Selling YOUR HOME WITHOUT the help of an Agent?---Lincolnton NC Real Estate - 01/27/08 04:36 PM
Thinking Of Selling YOUR HOME WITHOUT the help of an Agent?????
 
Are you looking at selling your home in the Lincolnton, NC , Lincoln , Gaston, Catawba, Mecklenburg Counties? Not sure if it is something you can handle. Maybe you need an agents help???Maybe you feel you can do this … (0 comments)

discount broker: Discounted Commission on Listing - 01/10/08 10:51 PM
I read a post today from another realtor talking about realtors that discount the listing commission and then pass that discount on to the buyer's agent. 
Sellers, don't let your broker/agent do that to you.  Do you know how many hours on average a buyer's agent spends with a buyer?  The … (2 comments)

discount broker: Redfin: The Real Estate Scientist's are a no-show - 01/04/08 09:11 PM
I have an experience to share that all the Redfin converts, believers, naysayers, and skeptics should find interesting. 
Before the holidays I was browsing Redfin's website to see what all the fuss was about.  Considering that my own clients were using the Redfin website rather than my company Windermere website.  As … (21 comments)

discount broker: Nebraska to Illinois: a SPECIAL agent - 12/28/07 04:02 PM
This morning I'm at the computer checking the hot sheets to see the recent activity in my market area. I came across a listing on a street where I sold a townhouse a year ago and my interest piqued. I checked the price drop which seemed appropriate though still a little high, … (1 comments)

discount broker: Word - 12/18/07 12:44 PM
Apparently, I now work in Alberto's crew. I haven't discussed this with my Managing Broker yet nor have I contacted the Chicago Association of Realtors for licensing specifics but you better believe both of these tasks are on my To Do list. If I have to pay yet another set of … (16 comments)

discount broker: "Where's the Beef?" - 12/06/07 12:31 PM
"Where's the Beef?"
By Martin J. Rueter, WREA President
The above inquiry highlighted a memorable Wendy's fast food commercial a few years back. Remember Clara Peller, the feisty old lady in the lacy, navy blue dress?  "Where's the beef?" she'd yell out not so meekly to no one special inside the "Brand X" … (1 comments)

discount broker: Raleigh Real Estate - What's a Buyer Rebate? - 11/12/07 05:15 PM
Raleigh Real Estate - What's a Buyer Rebate?
Buyer Rebates offered by NC List for Less Realty
At the time of closing Buyers Agent will credit a portion of Buyer's Agent's commission to buyer.  This must be shown on the closing statement. This must be approved by the lender.
These rebates are from Agent to … (0 comments)

discount broker: Lenexa Real Estate, Pre Foreclosure, Short sale, Behind on Payments - 10/30/07 02:25 PM
Are you behind on your mortgage payment? Do you owe more than your home is worth due to declining home values?
Is the possibility of foreclosure becoming a reality for you?
Have you thought about selling your home but just cannot make it happen when you add the REALTOR fees and closing cost … (0 comments)

discount broker: Leawood Real Estate, Pre Foreclosure, Short sale, Behind on Payments - 10/30/07 02:08 PM
Are you behind on your mortgage payment? Do you owe more than your home is worth due to declining home values?
Is the possibility of foreclosure becoming a reality for you?
Have you thought about selling your home but just cannot make it happen when you add the REALTOR fees and … (0 comments)

discount broker: Discount brokers going out of business... what do you think? - 10/07/07 11:21 AM
So,
I'm having my coffee this morning, enjoying the fact that it is raining which meens my better half is not all over me to get the yard mowed... : )   Now I have some time to catch up on my reading.
While surfing through this weeks Inman News an article catches my eye. Discount … (14 comments)

discount broker: The Other Realtor I Spoke with Has a Lower Commission - 10/06/07 09:57 AM
With the advent of the web, a lot of agents are offering "cut-rate" commissions. Most of the time, lower commissions are tied to a lower level of service. If all you want is to be listed with the Multiple Listing Service and a sign in the front yard, then a cut-rate … (0 comments)

discount broker: Homes for Sale in Lancaster PA -- Lancaster County Real Estate -- Not so cunning after all - Foxtons discount broker laying low - 09/30/07 09:51 PM
Well, here's a news story that didn't surprise me! 
Foxtons, the discount brokerage servicing New Jersey, New York and Connecticut, is just about shutting its doors.  It is sending home 350 out of 380 employees, and is contemplating filing for bankruptcy.   I say "employees" because as a personal opinion (and I can … (27 comments)

discount broker: If you want to compete with me... you better make nice with a stager. - 09/26/07 02:07 PM
If you are wringing your hands over the condition of the market and longing for the good old days...STOP! Take a deep breath, evaluate your services, and up your game. This letter from my client says it better than I ever could.
You can read it and weep or make a decision to up … (16 comments)

discount broker: ReLogic's Experience with Iggys House! - 09/24/07 06:55 PM
So you want to sell your home.  You have numerous options to choose from, and they get more confusing every day.
Should you sell your home yourself? Go with your brother-in-law who works for Re/Max?  How about one of these new online players who know everything and anything about how to market … (2 comments)

discount broker: So...You have commission issues? I don't care. I really don't want to hear about it! - 09/16/07 10:49 PM
ActiveRain Friends,
You say you don't like the brokerage fees ABCXYZ Amalgamated Realty is charging?  I don't want to hear about it!
You think other guys don't have their fees where they should be traditionally?  I don't want to hear about it!
You need to explain how your fees are fair, standard, right, less, more, higher, lower, … (22 comments)

discount broker: Dumping the Real-Estate Agent Can Spur Home Sale: Bloomberg.com - 08/20/07 11:34 AM
Today while perusing recent news stories at Google News I found this gem that I am sure will raise the hackles of many agents here. I spend quite a bit of time on AR and have seen countless discussions about FSBO's and discount brokers. The article at Bloomberg.com discusses the possibility … (5 comments)

discount broker: Welcome to Seller's Realty Group - 06/26/07 01:28 PM
I am one of the founding brokers of Seller's Realty Group www.selllersrealtygroup.com and would like to welcome everyone to our view of how Seller's should be handled.
Firstly, I would like to say that we are neither a discount broker or internet company. We are simply the evolution of specialised real estate … (0 comments)

discount broker: We should listen to ourselves and HEAR what we sound like! - 05/02/07 09:30 AM
Many years ago when discount airlines first appeared the major airlines derided them, saying no one would pay for no service, that the discount airlines would not service their aircraft correctly, etc. etc.
When Toyota, Honda and Nissan first started selling cars in Europe and America the major car makers at the time … (6 comments)

discount broker: IpayOne Out of the Listing Business: RIP - 04/07/07 01:24 PM

 
High-profile real estate discounter ipayOne has posted a notice on its website that they are no longer accepting new listings. 
Their website bears the following message:
To Our Community:
ipayOne will no longer be accepting new listings. If you are an existing client, please contact Alana Yardley@ipayOne.com
If you are contacting us regarding buying any … (16 comments)

discount broker: Don't Make $500 an Hour? Why Should Your Realtor? - 03/27/07 10:44 PM
Have you seen these billboards popping up around Portland? I've seen a few, along with several bus stop benches that read the same, scattered around town. This particular one caught my eye as I was out and about today delivering credit hour certificates to Realtors that attended our class last week. … (10 comments)

discount broker: WHAT TO DO IF YOU NEED A VACATION - 01/19/07 08:33 PM
 
I know we are busy buying and selling houses, but we must think of vacations also.  It gives us something to look forward to and then to remember afterwards.
I found this website and have been very interested in trying it.  They say in their advertising, "save up to 75% on discount … (4 comments)

discount broker: How smart is it to do a FSBO? - 01/09/07 06:08 AM
One of the difficult topics Clark deals with is how to sell a home. Is it smarter to do FSBO (For Sale Buy Owner) or to hire a real estate agent to do the work for you? Many people start with a FSBO and then give up after awhile because it … (4 comments)

discount broker: How Do You Picture the Real Estate Company of the Future? - 01/06/07 12:44 AM
The real estate industry has seen alot of changes in the past few years.  The main idea seems to be for consumers to only pay for what they need help with in the sale of their real estate.  I see the problem as lack of knowledge by the consumer to understand … (1 comments)

discount broker: List on MLS today! - 01/01/07 05:35 PM
Your Choice Real Estate(904) 298-2679http://www.ycre.net/ LIST YOUR PROPERTY IN MLS FOR ONLY $349!For a flat fee of only $349 we will list your property in MLS & on Realtor.com as a SHOWCASE listing! (for up to 12 months)Click here to view all of our listing packages and list your property today! … (2 comments)

discount broker: Discount Brokerages - 12/02/06 01:52 AM
I am curious as to what others are seeing in the market in relation to Discount Brokerages such as the Help-U-Sell's or other discounters or MLS only providers. Are you noticing any of them closing their doors yet?
I wasn't an agent back in the 80's, but my understanding is that many … (3 comments)

discount broker: HIRING THE RIGHT REALTOR - 11/29/06 11:02 AM
Why You Need to Interview Several Agents ...
In any town there are hundreds of Realtors and as many different Real Estate firms as there are fast food restaurants; each with different experience and different specialties. But how do you, as a buyer or seller, sort through the maze of offices and … (3 comments)

discount broker: There's No Discount Here! - 11/16/06 05:59 PM
What is a discount brokerage?  Over the years the term has come to be interpreted as discounted cost for discounted service, which is a time tested loser.  Discounting service is the surest way to become 'out of business'.  Discounting cost is often a strategy of less experienced brokers trying to gain … (6 comments)

discount broker: Flat fee commissions versus percentage commissions - 09/16/06 06:11 PM
Some discount Brokers are now charging a flat fee commisson rate for selling and/or listing your home. We have a 1% Realty now in Austin as well. There is also a Assist-to-Sell Broker in town which will show the home, handle negotiations, purchase agreement, paper work, financing, and anything else to … (9 comments)

discount broker: Ruling broadens online real estate listings - 07/15/06 12:38 AM
Here's a very interesting article on a recent ruling regarding "limited service" brokers and their listings on sites like realtor.com.  It's out of Austin, TX but the ramifications could be much more far reaching. 
In a nutshell, the Federal Trade Commission (FTC) has ruled that the Austin Board of Real Estate must … (3 comments)

 
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