Admin

Do You Think Clever Is Clever

By
Real Estate Broker/Owner with Carousel Realty of Dyer County Tn 248435000

Today I got a call from a lady with Clever Sales which was started just a few years ago in St. Louis, Missouri.

This is a company offering the potential seller client money back when they sell their house through a "clever authorized agent". The fee we pay back to Clever as a clever agent is 25% or $1000 whichever is highest. I did not study the details but "clever" sends the seller client money back when they close on the sale of their home.

Here in Tennessee Realtors are not allowed to rebate sellers or buyers. I do know that is what relocation companies do and the bribe fee is a much higher percentage. Anyone do business with "Clever" and what are your thoughts about them?

Here is a link to "clever"

 

 

 

Show All Comments Sort:
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Mike - I didn't click on the link you provided.  There are many lessons learned in life --- I can sense there is no connection.  NO sale.  And onto the next opportunity.  

Sep 26, 2022 04:50 PM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

I am not familiar with clever either.  No doubt because I am not very clever or smart. Oh well

Sep 26, 2022 08:35 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Mike Frazier  I am not a discount broker, never have been and never will be. My take is when sellers listen to what I have to say once in a while a conversation comes up as to what my commissions are... due to  the laws I can not tell you but if you ask me privately I will tell you I charge two or three  and sometimes four times more than the average Realtor for the lands I list. Seldom do I hear can you do it for less. It is a value proposition. Endre

Sep 26, 2022 09:28 PM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Mike,

We are not allowed to give back like they are doing and I wouldn't if I could. I'm not a discount broker and feel my service is worth my commission and my results speak for themselves.

Sep 27, 2022 04:02 AM
Mike Frazier

That is why I refuse to work with them. Just another middleman trying to cut in.

Oct 05, 2022 01:46 PM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

I never heard of Clever nor their business model.

Sep 27, 2022 04:55 AM
Mel Ahrens, MBA, Kelly Right Real Estate
Kelly Right Real Estate - Hood River, OR
Customized Choices for your Real Estate Needs

Earning less without changing the risk/reward calculus is not a winning strategy.

Oct 06, 2022 08:17 PM
Patricia Feager
Flower Mound, TX

Mike Frazier - Here in Texas we have rules that agents have to follow. Ditto to what Dorie Dillard Austin TX said. 

Oct 24, 2022 02:25 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Mike, it has been a while since you have posted, and nice to see your face on my post.

Nov 10, 2022 09:42 AM