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#108083 - 12/07/05 11:28 PM assist 2 sell or 1 percent realty?
gawdzzzla Offline
Member

Registered: 11/19/05
Posts: 413
Loc: Minneapolis, Minnesota
I want to hear what others think about the assist to sell model vs. 1 percent companies like home discover. Pros and cons ..please..

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#108084 - 12/10/05 02:43 AM Re: assist 2 sell or 1 percent realty?
gawdzzzla Offline
Member

Registered: 11/19/05
Posts: 413
Loc: Minneapolis, Minnesota
I hear homediscover offers only $1 to the buying agent. I mean how do they get buyers?

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#108085 - 12/10/05 03:18 AM Re: assist 2 sell or 1 percent realty?
ky realtor Offline
Major Contributor

Registered: 04/21/05
Posts: 1879
Loc: kentucky
If you do a search, you will find a million posts on this same subject.
_________________________
Comments made are my opinion, and not intended to be legal advice of any kind.

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#108086 - 12/10/05 03:39 AM Re: assist 2 sell or 1 percent realty?
daisy Offline
Member

Registered: 11/10/05
Posts: 331
Loc: IN
I have never heard of this company.

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#108087 - 12/10/05 01:16 PM Re: assist 2 sell or 1 percent realty?
gawdzzzla Offline
Member

Registered: 11/19/05
Posts: 413
Loc: Minneapolis, Minnesota
Quote:
Originally posted by daisy:
I have never heard of this company.
assist2sell.com

1percentrealtyusa.com

ipayone.com

homediscover.com

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#108088 - 12/10/05 02:36 PM Re: assist 2 sell or 1 percent realty?
daisy Offline
Member

Registered: 11/10/05
Posts: 331
Loc: IN
When I was fresh in the buisness (I still am) I was all about doing rebates and discounts just to get listings and buyers... after the first sale I was quick to realize that you put way too much work into this buisness to be giving your hard earned money away. You could go many months without seeing a single paycheck (that is how our market is here). In our area it takes a year for the average real estate agent to sell their first home. I know many agents around here that sold their first home 18 months after being in the buisness... and they put more effort into than I do. I really hope buisnesses like that don't come to our area... I'm sure they wouldn't make it because it seems like their agents make next to nothing on the deals.

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#108089 - 12/11/05 04:59 AM Re: assist 2 sell or 1 percent realty?
Delicious Cake Offline
Major Contributor

Registered: 12/10/05
Posts: 2702
Loc: CA
I don't know anything about 1% Realty companies. However, from a seller's standpoint Assist-2-Sell is the same as listing with a traditional brokerage, but with the added bonus of significant savings. Assist-2-Sell is truly a full service company. Some sellers chose to utilize the low flat fee program where their home becomes an "office exclusive" listing, while others choose the MLS for Less program. The most compelling reason people have to use Assist-2-Sell versus a traditional company is the comission amount paid by the seller. I can't see any cons, just pros. smile

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#108090 - 12/11/05 05:38 AM Re: assist 2 sell or 1 percent realty?
Orangecrest Offline
Veteran Member

Registered: 08/05/05
Posts: 778
Loc: Riverside, CA
Quote:
Originally posted by A2S Auburn:
I don't know anything about 1% Realty companies. However, from a seller's standpoint Assist-2-Sell is the same as listing with a traditional brokerage, but with the added bonus of significant savings. Assist-2-Sell is truly a full service company. Some sellers chose to utilize the low flat fee program where their home becomes an "office exclusive" listing, while others choose the MLS for Less program. The most compelling reason people have to use Assist-2-Sell versus a traditional company is the comission amount paid by the seller. I can't see any cons, just pros. smile
What a load of B.S.!! Puke!!!
_________________________
Views and Opinions are my own,they are not to be used in anyway:medical treatment,cure disease,legal advice,tax advice,to fly a plane,stock tips or any other form other than simple conversation.I represent no one but myself,period.

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#108091 - 12/11/05 05:42 AM Re: assist 2 sell or 1 percent realty?
Delicious Cake Offline
Major Contributor

Registered: 12/10/05
Posts: 2702
Loc: CA
Quote:
Originally posted by Orangecrest:
What a load of B.S.!! Puke!!! [/QB]
You are of course entitled to your opinion. I am sorry that my post caused you to puke - I certainly hope that your computer was not affected. laugh (I got a horrible projectile vomiting visual upon reading your reply)

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#108092 - 12/11/05 08:20 AM Re: assist 2 sell or 1 percent realty?
Ohio RealtorŪ Offline
Member

Registered: 11/17/05
Posts: 369
Loc: Cincinnati
I had a closing last month with a one percent listing company. 87,00 house the listing agent got 870.00 less a transaction fee of 300.00= 570.00 less a 50% split for referal from another agent in his company=285.00. Can you sell a home, market it properly, and service the client for 285.00? I can't find a way to do it. This is a model that I don't think is good in the long term. The broker can have an agent mill and make some money but the people that work for him will stay until they are broke.
_________________________
My thoughts are opinions only and not to be confused with legal advise. www.Find1home.com

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#108093 - 12/11/05 10:03 AM Re: assist 2 sell or 1 percent realty?
Jim Lee Offline
Major Contributor

Registered: 07/01/99
Posts: 4785
Loc: Knoxville, Tennessee, Knox Cou...
Quote:
Originally posted by A2S Auburn:
However, from a seller's standpoint Assist-2-Sell is the same as listing with a traditional brokerage, but with the added bonus of significant savings. Assist-2-Sell is truly a full service company.
In your "MLS for Less" deal does your firm offer the same co-operative commission to other firms as the traditional brokerages in your area???
_________________________
Jim Lee, REALTORŪ, CRS, ABR, e-PRO
[url=www.KnoxvilleHomeCenter.com]www.KnoxvilleHomeCenter.com[/url]
[url=www.KnoxvilleTennesseeRealEstateBlog.com]www.KnoxvilleTennesseeRealEstateBlog.com[/url]
I am not an attorney & I am not giving you any legal advice.

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#108094 - 12/11/05 12:41 PM Re: assist 2 sell or 1 percent realty?
ky realtor Offline
Major Contributor

Registered: 04/21/05
Posts: 1879
Loc: kentucky
Quote:
I can't see any cons, just pros.
Here we go again.

Pros--you get more listings at first because of the bait and switch/deceptive advertising. Later, most people know better.

Cons--you will work twice as much for half the money.

People, wake up! If it sounds too good to be true, it probably is.
_________________________
Comments made are my opinion, and not intended to be legal advice of any kind.

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#108095 - 12/11/05 02:02 PM Re: assist 2 sell or 1 percent realty?
gawdzzzla Offline
Member

Registered: 11/19/05
Posts: 413
Loc: Minneapolis, Minnesota
Quote:
Can you sell a home, market it properly, and service the client for 285.00? I can't find a way to do it. This is a model that I don't think is good in the long term. The broker can have an agent mill and make some money but the people that work for him will stay until they are broke.
Considering the house did sell it must be working to some degree. If you can't find a way to profit that could invite problems but what if you found a way to do it like ipayone.com which does loans too? I think it's a terrrible model for the agent but could work for brokers. I hear assist2sell charges about 3000 per listing + mls and one percent sites charge 1% + mls. Is that the only difference between the two programs?

Sell your house for 1% vs. sell your house for $2999. If that's the only seperation then the difference seems to be on houses over $300,000 when it saves more to go with $3000. Coming from a conventional brokerage I have high doubts about any of the discount companies but I wonder if it's the discount people that we should blame for a lack of service or that we haven't found a way to do it yet?

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#108096 - 12/11/05 04:40 PM Re: assist 2 sell or 1 percent realty?
Delicious Cake Offline
Major Contributor

Registered: 12/10/05
Posts: 2702
Loc: CA
Quote:
Originally posted by James Lee:
[QUOTE]In your "MLS for Less" deal does your firm offer the same co-operative commission to other firms as the traditional brokerages in your area???
Absolutely.

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#108097 - 12/11/05 04:58 PM Re: assist 2 sell or 1 percent realty?
Delicious Cake Offline
Major Contributor

Registered: 12/10/05
Posts: 2702
Loc: CA
Quote:
Originally posted by ky realtor:
Here we go again.

Pros--you get more listings at first because of the bait and switch/deceptive advertising. Later, most people know better.

People, wake up! If it sounds too good to be true, it probably is.
KY Realtor, how, in your opinion, does Assist-2-Sell use 'bait & switch' deceptive advertising?

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