rhode island relocation: The Evolution of Real Estate Fees - 06/27/11 02:53 AM
Realtors today are often faced with this line of questioning from sellers: "Will you accept a lower commission?" It's not that the seller asking wants to undercut their realtor. The seller is asking because realtor commissions are hard to understand. In order to get a good sense of how the commission system works, let's start with the basics.
The industry norm for realtor sales commissions is 5-6% of a property sales price. With a commission-based system, the person being compensated for his or her services takes a high risk in exchange for a "high" reward. For realtors, the risk is not … (2 comments)

rhode island relocation: THE ONE THAT GOT AWAY - 03/20/10 07:16 AM
One of mine, and most other real estate professionals for that matter, mantras to first time homebuyers is that there are plenty of fish (houses) in the sea (market). If their first attempt at a home purchase goes awry, be it due to a higher bidder, or a terrifying home inspection discovery, there is always another home in the neighborhood waiting for them, better than the last. And I really believe that. Sort of. So long as it does not apply to me.
If I didn't have a passion for real estate I would not be in this business. That being said, … (5 comments)

 
Rita Danielle Steele (Steele Realty Consultants International ) Rainmaker large

Rita Danielle Steele

Providence, RI

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Steele Realty Consultants International

Address: 97 Hope Street, Providence, RI , 02906

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