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Working With A Realtor...II

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Real Estate Agent with Assoc. Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, Broker/Providence Property Mgmnt, LLC Huntsville AL

Working With A Realtor...II

In the my last post Working With A Realtor...How It Works I wanted to name of few misconceptions that the public had about working with Realtors.  I received some really good comments and a couple of agents added more to the list that I promised to share in the follow up and final post.

Dave Minder added that sometimes a customer will ask an agent about a listing outside of the area that agent serves, sometimes way outside and they expect you to know all about it simply because it's listed by the same company brand.  Folks, I hate to break it to you, but we as agents don't know every single property that's listed.  I might also add that if you do call about a property you saw while out driving...try to at least give us an address instead of saying;  well I was out driving...I don't remember where it was but it had your companies sign in the front yard...can you tell me about the property?  Mr & Mrs consumer...we as agents are good at what we do, but we need a little more info than that.

Michael Setunsky also added another misconception that the listing agent doesn't get to keep that entire commission.  It can be split up to four ways.  I would also add that if that listing was a referral, that adds another split into the mix.

I want to thank everyone who responded to this and the last post.  I know there must be other points to bring up, but I think some of the most important have been stated.  Thanks again all!

If you need a knowledgeable real estate professional in Madison or Huntsville Alabama area, why don't you let me Google that for you!

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Comments(7)

Nor Yeretsian
Envoy Capitol Realty Inc. - Toronto, ON
Envoy Capitol Realty Inc., Brokerage Toronto

Thank you Nick.

Cheers

Nor Yeretsian

Oct 28, 2010 05:08 PM
Maria Morton
Platinum Realty - Kansas City, MO
Kansas City Real Estate 816-560-3758

Hey there, Nick! Sorry to hear you had to miss rain camp. You know, if people would just choose one realtor to work with, they could get all the info they need on all the houses they need and save a lot of time making erroneous phone calls.

Oct 28, 2010 06:47 PM
Dawn A Fabiszak
Private Label Realty ( Denver metro area, Colorado - Aurora, CO
The Dawn of a New Real Estate Experience!

Nick ~ love the info.  You are such a professional in everything you do.  Huntsville is lucky to have you.

Oct 28, 2010 06:55 PM
Ellen Caruso
Daniel Gale Sotheby's International Realty - Glen Head, NY

Nick, still the point of how commission is spit does surprise people as does the fact that your realtor pays for all those ads and promo pieces out of their own pocket.

Oct 28, 2010 11:16 PM
Brian Madigan
RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON
LL.B., Broker

Nick,

 

This is a good series and there are many misconceptions with the public, even including the fact that both agents work for the seller. That's a holdover from about 15 years ago, but, of course, it's still around.

 

Brian

Oct 29, 2010 01:00 AM
Ann Allen Hoover
RE/MAX Advantage South - Hoover, AL
CDPE SRES ASP e-PRO Realtor - Homes for Sale - AL

I had a young client a couple of years ago that was shocked to learn I didn't get a paycheck.  Once he realized how we work he would try to give me gas money or use his truck to go look at homes.  I loved that kid!

Oct 29, 2010 01:38 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nick, those where two great additions to your blog.  But are you really sure you don't keep all the money :)

Oct 29, 2010 03:02 PM