Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Realtor CommunityA popular online real estate community since 1998!


Advertisements


Sponsored Links
Advertisements
How To Advertise Here
How To Advertise Here

Good Idea!
Realtor Promotion Service

Sponsored Links
(Views)Popular Topics
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 28357208
No new orders today 13124365
Stupid MLS comments. 3313041
What do you know about Froy Candelario, top agent in USA 1208693
Stupid QC comments and BPO requirements. 1083405
New HUD Listing Brokers---Any Update? 1043612
Is there religious content in Buffini class? 836609
Let's talk about our cars 682950
Name that Flick. Great movie Lines. 615299
Pay it Forward - BPO/REO Tips & Tricks I & II 604070
Most common items found at an REO 595196
EML 459233
REOTRANS 449501
Main Street 435308
asset val seminar in colorado 415754
assist 2 sell or 1 percent realty? 347343
HOMONYMS - There, Their, and They're 317655
Evalonline 300206
Land America 285053
Mainstreet 261860
Matched Content
Page 11 of 21 < 1 2 ... 9 10 11 12 13 ... 20 21 >
Topic Options
Rate This Topic
#108233 - 12/18/05 12:50 AM Re: assist 2 sell or 1 percent realty?
ky realtor Offline
Major Contributor

Registered: 04/21/05
Posts: 1879
Loc: kentucky
Quote:
I get paid before I even search the mls.
You do? If you get paid your commission up front you must really be special!
_________________________
Comments made are my opinion, and not intended to be legal advice of any kind.

Top
Advertisements
#108234 - 12/18/05 12:56 AM Re: assist 2 sell or 1 percent realty?
Orangecrest Offline
Veteran Member

Registered: 08/05/05
Posts: 778
Loc: Riverside, CA
Posted by Godzilla

"...I get paid before I even search the mls..."


I would never do that to my client... I perform, or my services are free... Haven't worked for free yet...

What do you do if you accomplish nothing? Keep it and hold them to a contract like HouseValues?
_________________________
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.

Top
#108235 - 12/18/05 12:58 AM Re: assist 2 sell or 1 percent realty?
gawdzzzla Offline
Member

Registered: 11/19/05
Posts: 413
Loc: Minneapolis, Minnesota
Quote:
You do? If you get paid your commission up front you must really be special!
It's called a buyers agent compensation agreement. I get it signed before I even tap into the mls. You see how this works?

What i get paid and what it says in the mls can be greater or less.

Top
#108236 - 12/18/05 01:00 AM Re: assist 2 sell or 1 percent realty?
gawdzzzla Offline
Member

Registered: 11/19/05
Posts: 413
Loc: Minneapolis, Minnesota
Orange, no I don't put a gun to the buyers head to get paid. The representation contract you sign with your client is basically a "purchase order" due and payable upon delivery of goods...aka..a house they can buy.

Top
#108237 - 12/18/05 01:00 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 gawdzzzla:
Quote:
You do? If you get paid your commission up front you must really be special!
It's called a buyers agent compensation agreement. I get it signed before I even tap into the mls. You see how this works?

What i get paid and what it says in the mls can be greater or less.
Whatever jabber
_________________________
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.

Top
#108238 - 12/18/05 01:03 AM Re: assist 2 sell or 1 percent realty?
gawdzzzla Offline
Member

Registered: 11/19/05
Posts: 413
Loc: Minneapolis, Minnesota
Hey you're more of a jabber than I am. Read your disclaimer. LOL

Top
#108239 - 12/18/05 01:03 AM Re: assist 2 sell or 1 percent realty?
Orangecrest Offline
Veteran Member

Registered: 08/05/05
Posts: 778
Loc: Riverside, CA
I meant Jaber, oopps!
_________________________
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.

Top
#108240 - 12/18/05 01:10 AM Re: assist 2 sell or 1 percent realty?
gawdzzzla Offline
Member

Registered: 11/19/05
Posts: 413
Loc: Minneapolis, Minnesota
Quote:
Originally posted by Orangecrest:
I meant Jaber, oopps!
Huh?

Top
#108241 - 12/18/05 01:12 AM Re: assist 2 sell or 1 percent realty?
ky realtor Offline
Major Contributor

Registered: 04/21/05
Posts: 1879
Loc: kentucky
Quote:
It's called a buyers agent compensation agreement. I get it signed before I even tap into the mls. You see how this works?
Naw! Really? Now when did they invent that? laugh
Honey, I hate to break it to you, but getting that signed and getting paid is two different things. You said you got paid before you even searched the MLS. No, big difference.
If you are relying on that, I want to see you try to collect on it when your buyer flies away to another agent.
_________________________
Comments made are my opinion, and not intended to be legal advice of any kind.

Top
#108242 - 12/18/05 01:16 AM Re: assist 2 sell or 1 percent realty?
gawdzzzla Offline
Member

Registered: 11/19/05
Posts: 413
Loc: Minneapolis, Minnesota
""""If you are relying on that, I want to see you try to collect on it when your buyer flies away to another agent. """""

It's called a contract for a reason and works just like a listing contract. Maybe your clients don't take you seriously? If you knew they invented contracts why aren't you using them?

You might need some training from your broker on how to use them properly.

Top
#108243 - 12/18/05 01:28 AM Re: assist 2 sell or 1 percent realty?
ky realtor Offline
Major Contributor

Registered: 04/21/05
Posts: 1879
Loc: kentucky
No, it does not work like a listing contract. A listing contract is enforceable by lien (in my state), a buyer's agreement is, or may be, or may not be enforceable by the court if you wanted to spend your commission in legal fees, which wouldn't be very smart. A contract, in theory, just attempts to keep people honest, especially a buyer agreement. If that works for you, good; I hope you continue to have a long and prosperous career.
_________________________
Comments made are my opinion, and not intended to be legal advice of any kind.

Top
#108244 - 12/18/05 01:32 AM Re: assist 2 sell or 1 percent realty?
ky realtor Offline
Major Contributor

Registered: 04/21/05
Posts: 1879
Loc: kentucky
Quote:
You might need some training from your broker on how to use them properly.
LOL---I will go in the office Monday and say "well, I know I have been in the business fifteen years, but do you think you can train me now?"
_________________________
Comments made are my opinion, and not intended to be legal advice of any kind.

Top
#108245 - 12/18/05 01:46 AM Re: assist 2 sell or 1 percent realty?
gawdzzzla Offline
Member

Registered: 11/19/05
Posts: 413
Loc: Minneapolis, Minnesota
"""""""""well, I know I have been in the business fifteen years, but do you think you can train me now?"""""

I know sometimes it's easier to train someone new than untrain someone with as much experience as you. What's that old saying...you can't teach an old dog..????

Top
#108246 - 12/18/05 01:56 AM Re: assist 2 sell or 1 percent realty?
amplet Offline
Veteran Member

Registered: 08/10/05
Posts: 844
Loc: MN
Originally posted by gawdzzzla:
"""""Originally posted by amplet:
[QB] gawdzzzla, by the way, what do you call a listing in the Minneapolis market with a 1.5% payout?"""""""

If you are in the minneapolis area you'd know about a company called Eagle Realty. They've been offering 1.5% for years now and houses are selling like hotcakes.*********

Actually I just pulled a report off the MLS, and Eagle Realty currently has 161 Active listings, and all have a payout of 2.7%...Every one, and their deal around here is "3.99% selling fee".

Also they have sold 233 homes in the past 6 months and all but 3 were at 2.7% payout. The 3 were listed at 0% payout.

I'm going to refrain from voicing my opinion about that because it is not ethical to do so. I just wanted to correct some mis-information.

Top
#108247 - 12/18/05 02:14 AM Re: assist 2 sell or 1 percent realty?
ky realtor Offline
Major Contributor

Registered: 04/21/05
Posts: 1879
Loc: kentucky
_________________________
Comments made are my opinion, and not intended to be legal advice of any kind.

Top
Page 11 of 21 < 1 2 ... 9 10 11 12 13 ... 20 21 >






Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Newest Members
locknmore, cdefgh120303, The Legacy Team, starfish11040, mannycro80
29912 Registered Users
Who's Online
2 registered (Long Walk, Daniel1234), 59 Guests and 6 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
Long Walk 46
Vermont 24
estatereal 21
VABroker 20
Trouble 15
Lucky Leonardo 14
jreal413 9
The Legacy Team 7
MissionJoe 7
sualk54 7
Nasser 5
David Hunter 5
Mr. Clean 5
Gamin' Agent 5
RonnieEmz 4
Featured Member
Registered:
Posts: 1
Facebook


This site presented by RNC Internet Services