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

Good Ideas
Nusetlock.com




REO Prep Foreclosure Listings




How To Advertise Here

More Good Ideas!
Real Estate Websites for Realtors




Build your brand on a Real Estate Site





Facebook
Page 6 of 7 < 1 2 3 4 5 6 7 >
Topic Options
Rate This Topic
#116906 - 04/04/06 02:09 PM Re: NAR self police, not a chance... it all about the money
Tucker TX Offline
Member

Registered: 01/22/06
Posts: 257
Loc: South Texas
I would guess my ratio is 60% Listings and 40% Sales. I should close between 50 and 60 files this year.
_________________________
Minneapolis Real Estate

Top
#116907 - 04/04/06 02:14 PM Re: NAR self police, not a chance... it all about the money
Tucker TX Offline
Member

Registered: 01/22/06
Posts: 257
Loc: South Texas
P.S. That ratio may change quickly as Monday I took 3 Listing appts. for a total of 6 in a week.
_________________________
Minneapolis Real Estate

Top
#116908 - 04/04/06 02:27 PM Re: NAR self police, not a chance... it all about the money
Tucker TX Offline
Member

Registered: 01/22/06
Posts: 257
Loc: South Texas
Paul, I meant that they were a protected class in addition to being discounters.
_________________________
Minneapolis Real Estate

Top
#116909 - 04/04/06 07:45 PM Re: NAR self police, not a chance... it all about the money
24Salem7 Offline
Member

Registered: 02/05/06
Posts: 235
Loc: Salem Oregon
Rick -

 Quote:
I have a question for you. I know you list properties but do you also sell properties?
Come on Rick, why won't you answer my question?
_________________________
Donna Toline, GRI, CRIS
Principal Broker, NRBA Member
DAT Real Estate Solutions, PC
Salem, OR 97305
503-828-0256 Direct
503-551-1160 Cell
www.The-Dream-Team.us

The Courage To Be Great Lies Deep Within Each Of Us -

Top
#116910 - 04/04/06 07:47 PM Re: NAR self police, not a chance... it all about the money
24Salem7 Offline
Member

Registered: 02/05/06
Posts: 235
Loc: Salem Oregon
Tucker TX -

Are you associated with a "discounted" brokerage? Are you a Realtor?
_________________________
Donna Toline, GRI, CRIS
Principal Broker, NRBA Member
DAT Real Estate Solutions, PC
Salem, OR 97305
503-828-0256 Direct
503-551-1160 Cell
www.The-Dream-Team.us

The Courage To Be Great Lies Deep Within Each Of Us -

Top
#116911 - 04/04/06 09:02 PM Re: NAR self police, not a chance... it all about the money
Tucker TX Offline
Member

Registered: 01/22/06
Posts: 257
Loc: South Texas
Am I a Realtor? Please.... Do you you think I could catch you in so many violations without being a Realtor? What was your second guess, Attorney? I'm flattered.
_________________________
Minneapolis Real Estate

Top
#116912 - 04/05/06 11:09 AM Re: NAR self police, not a chance... it all about the money
Paul Oaks Offline
Major Contributor

Registered: 06/23/04
Posts: 3370
Loc: Central Illinois
Tucker,
Sorry but so far you have not caught her in any violations at all. Each thing you have mentioned has not been a COE violation.

I know also what you meant by protected classes but you are really reaching on that one because there is an equal chance that the bonus would have been paid to one of the protected class so that would void your argument on protected classes.

 Quote:
Originally posted by Tucker TX:
Am I a Realtor? Please.... Do you you think I could catch you in so many violations without being a Realtor? What was your second guess, Attorney? I'm flattered.
_________________________
Paul Oaks
Oaks Real Estate Group

Top
#116913 - 04/05/06 11:45 AM Re: NAR self police, not a chance... it all about the money
Tucker TX Offline
Member

Registered: 01/22/06
Posts: 257
Loc: South Texas
Artical 2 is the only COE violation I could find.(1) The fact that she has an undisclosed bonus is an MLS violation.(2) She states that she has explained her tactic to the seller and that would relieve that one. But, imagine that conversation: "Here's the deal Mr. and Mrs. Seller, I'm going to post (much?) lower than the prevailing rate on the MLS and make those dirty discounters pay! Yes, some agents may not want to show your home if they don't call me first to get the secret handshake or they are a discounter. It really is more important that I conduct my personal vendetta visa v your home. After all, I really don't like those people and their buyers and I have an axe to grind. Who cares if they have the money to buy your home, I have a war to wage." Of course not in so many words, but that is how it ends up. That type of approach is not in the clients best interest and not acting in your clients best interest is always a violation.(3)

As far as protected classes, the potential exisists, is it really worth rolling the dice on that one?(4) Not for me.

Just to clarify, I think it is abusive to post extremely low or no compensation on the MLS to manipulate the system. It's a poor practice and won't stand the test of time.
_________________________
Minneapolis Real Estate

Top
#116914 - 04/05/06 12:17 PM Re: NAR self police, not a chance... it all about the money
Paul Oaks Offline
Major Contributor

Registered: 06/23/04
Posts: 3370
Loc: Central Illinois
Tucker,

Using your logic a "discounter" who posts low co-op fees would also be in violation...all of those $1 co-op or 1%

**use of these numbers is strictly for educational or entertainment use only and in no way endorses any commissions**

listings are also not in the best interest of the client.

Undisclosed bonus may not be MLS violation for her MLS system. The only system you can speak to is your own and does not apply to Article 2

Unless the co-op is mentioned in her listing presentation it has Zero relevance. Seller is agreeing to pay her X percentage to list and market her home.
_________________________
Paul Oaks
Oaks Real Estate Group

Top
#116915 - 04/05/06 01:23 PM Re: NAR self police, not a chance... it all about the money
Tucker TX Offline
Member

Registered: 01/22/06
Posts: 257
Loc: South Texas
Our Listing contracts disclose co-op amounts.

I would think most MLS systems have a field for a bonus.

I don't understand how a listing is not in the best interest of the person requesting it.

It is an abuse of the broker co-operative (MLS) to post $1 co-ops, and in my opinion anything below the prevailing rate.
_________________________
Minneapolis Real Estate

Top
#116916 - 04/05/06 09:02 PM Re: NAR self police, not a chance... it all about the money
24Salem7 Offline
Member

Registered: 02/05/06
Posts: 235
Loc: Salem Oregon
Tucker TX (You too Rick)

 Quote:
Artical 2 is the only COE violation I could find.(1) The fact that she has an undisclosed bonus is an MLS violation.
You are not understanding at all - You just don't get it. I AM NOT IN VIOLATION OF ARTICLE 2! Article 1-9 are "DUTIES TO CLIENTS AND CUSTOMERS". In a co-op sale the Buyer Broker/Agent is NOT a client nor a customer!

 Quote:
Our Listing contracts disclose co-op amounts.
Yes, and so do ours.

 Quote:
I would think most MLS systems have a field for a bonus.
Well, then quit thinking - we don't

 Quote:
It is an abuse of the broker co-operative (MLS) to post $1 co-ops, and in my opinion anything below the prevailing rate.
Well, well, well - WELCOME TO THE OTHER WORLD!
*** A "Brokerage" lists a "Co-Op" Commission below the "prevailing rate", and that brokerage is considered a "Discount Brokerage" BUT that same “Discount Brokerage” expects to be paid the “PREVAILING RATE” (or more) and NOT a discounted rate when they sell a competitors listing. So, what? - “Discounters” want their cake and eat it too? Only in a Socialist Democrat world - Do you finally get it?

A "Discounter" should expect to be paid what they are willing to pay.

I am right, you are; lets just say "In Error" and move on to another discussion.
_________________________
Donna Toline, GRI, CRIS
Principal Broker, NRBA Member
DAT Real Estate Solutions, PC
Salem, OR 97305
503-828-0256 Direct
503-551-1160 Cell
www.The-Dream-Team.us

The Courage To Be Great Lies Deep Within Each Of Us -

Top
#116917 - 04/05/06 09:29 PM Re: NAR self police, not a chance... it all about the money
24Salem7 Offline
Member

Registered: 02/05/06
Posts: 235
Loc: Salem Oregon
Tucker TX -
Another note -
A undisclosed "Bonus" is NOT a MLS violation.

 Quote:
I think it is abusive to post extremely low or no compensation on the MLS
NOTE: I Have Never Posted A "NO COMPENSATION" ever on the MLS.
NOTE: By extremely "low", you mean like a "Discounter Brokerage"? :p
_________________________
Donna Toline, GRI, CRIS
Principal Broker, NRBA Member
DAT Real Estate Solutions, PC
Salem, OR 97305
503-828-0256 Direct
503-551-1160 Cell
www.The-Dream-Team.us

The Courage To Be Great Lies Deep Within Each Of Us -

Top
#116918 - 04/06/06 05:23 PM Re: NAR self police, not a chance... it all about the money
Tucker TX Offline
Member

Registered: 01/22/06
Posts: 257
Loc: South Texas
“Discounters” want their cake and eat it too?

It's 'eat your cake and have it too'. Everyone has their cake and eats it too.
_________________________
Minneapolis Real Estate

Top
#116919 - 04/06/06 07:47 PM Re: NAR self police, not a chance... it all about the money
24Salem7 Offline
Member

Registered: 02/05/06
Posts: 235
Loc: Salem Oregon
Tucker
I know what I wrote -
It was NOT in error -
You really don't get it - do you -
Oh well, I'm not surprised - :rolleyes:
_________________________
Donna Toline, GRI, CRIS
Principal Broker, NRBA Member
DAT Real Estate Solutions, PC
Salem, OR 97305
503-828-0256 Direct
503-551-1160 Cell
www.The-Dream-Team.us

The Courage To Be Great Lies Deep Within Each Of Us -

Top
#116920 - 04/06/06 07:49 PM Re: NAR self police, not a chance... it all about the money
Tucker TX Offline
Member

Registered: 01/22/06
Posts: 257
Loc: South Texas
NOTE: By extremely "low", you mean like a "Discounter Brokerage"?

Yes
_________________________
Minneapolis Real Estate

Top
Page 6 of 7 < 1 2 3 4 5 6 7 >






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

Good Idea!
REO and Short Sale Listings
Sponsors

Newest Members
DCBroker, midpen786, healthinsurance, manhattanscout, hghgh
20765 Registered Users
Who's Online
21 registered (Carolyn, BPOhawk, areavibesjon, c302, 4 invisible), 204 Guests and 1 Spider online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
DueDiligence 90
Vermont 89
HomeTeamGA 50
pikes peak 41
smg 41
shana 40
pro 40
Kjmendy 38
Artiste 37
75Corvette 37
Brad - W4BJM 36
Doin' bpose 34
VABroker 31
realyte 31
Dave23 30
(Views)Popular Topics
No new orders today 3959734
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 2028169
Stupid MLS comments. 842301
EML 457988
Evalonline 299344
Land America 284999
Mainstreet 261428
What do you know about Froy Candelario, top agent in USA 248724
Pay it Forward - BPO/REO Tips & Tricks I & II 223602
New HUD Listing Brokers---Any Update? 223016
Is there religious content in Buffini class? 197399
Stupid QC comments and BPO requirements. 187356
FARVV 177240
REOTRANS 151500
USRES / RES.NET 147574
AVM Bpos 139412
asset val seminar in colorado 134437
FARVV 126751
Let's talk about our cars 120468
PAS 118318
Featured Member
Registered: 01/26/05
Posts: 1968

How To Advertise Here


This site presented by RNC Internet Services