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Walking The Line

By
Real Estate Agent with Boston Trust Realty Group

Since the dawn of the real estate brokering industry real estate agents have wanted to get paid top dollar and sellers want to pay as little as possible when a selling a home. Sellers and agents have the same goal with two different perspectives on how this should be done and how much it should cost to achieve this goal.  It has been my experience in life that if you want the best service available you have to be willing to pay the price for it. As a real estate professional it has become clear that the current commission structure is under attack. Sellers and Buyers have more options at their disposal to receive a rebate or pay a reduced commission when selling their home.  In business I think choice is good and if a buyer or seller wants to get their hands dirty to save a little bit of cheese, I’m all for it.  At this stage of the game it is up to brokers and agents to show consumers how they add value to the home selling and buying process. If we all do our jobs as real estate professionals, consumers will see the value and spread the word about our services.

In developing MungoList my goal was to create a system that connects sellers and brokers in a way that empowers and encourages real estate professionals to enlighten sellers on what we bring to the home selling process. I also wanted to incentivize brokers and agents efforts by enabling them to be paid more for adding more value. The MungoList system walks the fine line of allowing homeowners to sell their homes for less while allowing brokers and agent to be compensated based on how effectively they assist the seller throughout the transaction. The MungoList handbook will provide tips and strategies on how brokers and agents can get the most out of MungoList. It is difficult to bridge the gap between opposing views on how to achieve the same goal, but it is not impossible. Napoleon Hill’s law of economics states “you cannot get without giving” and that the only way to be successful in business is “by rendering useful service”. MungoList was designed with this in mind and will greatly reward the brokers and agents that provide the most useful assistance to clients.

 

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About the author: The above Real Estate information was provided by Robert L Nichols Jr. Robert is a is real estate consultant and Entrepreneur. His services encompass real estate brokering, development, short sales, and innovative listing services.

Robert Has founded several real estate stratups and is the Founder of Boston Trust Realty Group, a Boston based brokerage firm. Robert's companies also include MungoList.com and Rigid Capital Investors, LLC.

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Roger Davidson
DiSalle Real Estate Co. - Maumee, OH
Maumee, Ohio Real Estate

Robert,

Are you referring to a form of real estate consulting?

Mar 21, 2011 03:50 PM
StapletonHomeTeam KnopHomeTeam Distinctive Properties
Distinctive Properties - Denver, CO
For an UnReal Estate Experience call the Knop Home

Robert,

You are the second person in the last 5 minutes to quote Napolean Hill looks like I have some catch up reading to do. I am really curious to see how you organize MungoList.com I will be checking back on it to see how it goes. I agree with you about selling our services in the environment we are in with options for sellers to save a lot of money. My past clients are always the best resume builders I can give at a listing appointment.

Damon

Mar 21, 2011 03:57 PM
Robert Nichols
Boston Trust Realty Group - Boston, MA
Boston Real Estate Expert!

Hello Roger,

You are correct. As we get closer to the launch, I will be detailing specifically how MungoList works, but it is more or less incorporates real estate consulting.

Mar 21, 2011 04:16 PM
Robert Nichols
Boston Trust Realty Group - Boston, MA
Boston Real Estate Expert!

Hello Damon,

Think and Grow Rich by Napoleon Hill is a great book. He really gives a detailed account of how successful businessmen and women have achieved great success in the past using principles that are relevant today. Definitely check in from tome to time to get a sneak peak at MungoList before it goes live in late April.

 

Mar 21, 2011 04:21 PM
Ann Bellamy
Hard money lending for investors in NH and MA - Tyngsboro, MA
Lending to real estate investors since 2006

Good luck with the launch, Robert, I'm looking forward to seeing how it works

Mar 21, 2011 11:24 PM
Robert Nichols
Boston Trust Realty Group - Boston, MA
Boston Real Estate Expert!

Thanks Ann. It will certainly be a great tool for investorsas well.

Mar 22, 2011 03:36 AM