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




BPO REO Secret System




How To Advertise Here

More Good Ideas!
real estate newsletters


Real Estate Websites for Realtors




Build your brand on a Real Estate Site





Facebook
Page 3 of 3 < 1 2 3
Topic Options
Rate This Topic
#201398 - 02/09/08 06:18 PM Re: Real Estate Franchise [Re: GoldenGirl]
jdincali Offline
Junior Member

Registered: 01/07/08
Posts: 6
Loc: california
I keep hearing about different companies doing new splits.
Anyone know about Allisonjames? They are offering a similar deal in my area. But...who do you go to for help? I sure would like to be able to keep a better option than what I have now and put my money into marketing/web etc...Keller Williams offered me a 70/30 split but you pay 34,000 a year to the company; before you get the 100 percent. Anyone care to share their best split?

Top
#201501 - 02/10/08 09:02 AM Re: Real Estate Franchise [Re: jdincali]
Perky_REALTOR Offline
Mod Squad
Major Contributor

Registered: 11/27/06
Posts: 7685
Loc: PA
My Weichert office is a sliding scale split, starting at 50/50 and going up to 65/35. Once you reach the higher split you stay there, rather than reset every January like some offices do.

This office doesn't charge ANY desk fees, though that will vary from office to office, as each Weichert franchise office is independently owned (Not sure how a Weichert corporate office works...they probably charge a desk fee.)

I was totally shocked to learn that some offices in this area charge a desk fee PLUS give a crappy split, one of them is 30/60 (30 to the agent) and another one is less than 20! I know that there are offices in my area that give splits of 70 and even 80 percent, as well as a couple of RE/MAX offices...I have to wonder how those other offices with the really crappy splits get and retain ANY agents!

Top
#201874 - 02/11/08 04:07 PM Re: Real Estate Franchise [Re: Perky_REALTOR]
Area Pro Realty Offline
Member

Registered: 05/24/06
Posts: 284
Loc: California
sliding splits and pyramid schemes are a thing of the past, go with a broker who offers a flat fee but still provides LOTs of benefits
_________________________
Author of "How to Evaluate Real Estate Franchises" www.EvaluateREFranchise.com
and host of Real Estate Agent Radio
www.RealEstateAgentRadio.com

Top
#201951 - 02/11/08 06:25 PM Re: Real Estate Franchise [Re: Area Pro Realty]
Perky_REALTOR Offline
Mod Squad
Major Contributor

Registered: 11/27/06
Posts: 7685
Loc: PA
They may be a thing of the past in your market...but not in mine.

If you want LOTS of benefits you have to PAY for them. lol

Top
#202136 - 02/12/08 11:22 AM Re: Real Estate Franchise [Re: GoldenGirl]
Heyen Realty Offline
Member

Registered: 02/04/08
Posts: 112
Loc: Portland, Oregon
wow anyone know of any deals like this in the portland metro area.

Top
#202336 - 02/12/08 07:06 PM Re: Real Estate Franchise [Re: Heyen Realty]
Area Pro Realty Offline
Member

Registered: 05/24/06
Posts: 284
Loc: California
My office has over 21 benefits for realtors for $299/month. If the realtor were to go out individually and get them on his/her own, it would cost more than double that cost.
_________________________
Author of "How to Evaluate Real Estate Franchises" www.EvaluateREFranchise.com
and host of Real Estate Agent Radio
www.RealEstateAgentRadio.com

Top
#202338 - 02/12/08 07:07 PM Re: Real Estate Franchise [Re: Area Pro Realty]
Area Pro Realty Offline
Member

Registered: 05/24/06
Posts: 284
Loc: California
299/month and 399/transaction at the VM Group
_________________________
Author of "How to Evaluate Real Estate Franchises" www.EvaluateREFranchise.com
and host of Real Estate Agent Radio
www.RealEstateAgentRadio.com

Top
#202700 - 02/13/08 05:16 PM Re: Real Estate Franchise [Re: Area Pro Realty]
estatereal Offline
Major Contributor

Registered: 01/27/07
Posts: 2779
Loc: LAND OF THE FREE!
250 monthly
195 admin per transaction
180 yearly e&o

Top
#202876 - 02/14/08 08:54 AM Re: Real Estate Franchise [Re: estatereal]
RAH Offline
Member

Registered: 03/08/04
Posts: 315
Loc: Ontario
69 monthly
275 admin per transaction

Top
#202978 - 02/14/08 03:53 PM Re: Real Estate Franchise [Re: RAH]
AppraiserChick Offline
Member

Registered: 01/09/08
Posts: 17
Loc: Sacramento, CA
80/20 split, no desk fees, $125 per transaction for E&O, $200 annual technology fee. Each affiliate pays for own signs (~$250 for 10), business cards, lockboxes.

Top
#203906 - 02/18/08 02:59 PM Re: Real Estate Franchise [Re: AppraiserChick]
Perky_REALTOR Offline
Mod Squad
Major Contributor

Registered: 11/27/06
Posts: 7685
Loc: PA
My office charges $30/transaction for E&O until the policy is paid, no annual fee, and they buy signs and car magnets. MLS provides lockboxes. You buy the riders for your signs (about $4 each) if you want them.

Top
#208031 - 03/02/08 01:10 AM Re: Real Estate Franchise [Re: Perky_REALTOR]
Forsalebyweb Offline
Member

Registered: 11/28/07
Posts: 92
Loc: Minneapolis, St. Paul, Minneso...
 Quote:
The problem with UTREOBROKERs business model is there is no means to expansion. It is not a franchisable concept, even adding branch offices or certain licenses will be difficult. One lawsuit will wipe you out. Work hours are high and profits are low.


There are ways to promote a great idea than mere franchising. Microsoft was done a fine job with a concept called licensing. You can license a system, software, trademark and other benefits without entering the high cost and high liability field of franchising.

Franchising made perfect sense when given area exclusivity. However, with the internet, territorial exclusivity limits growth.
_________________________
We are different mostly through personal experience!


- Sol Sek
Founder of http://www.forsalebyweb.com
The Automatic Way to Buy and Sell Real Estate!

Top
Page 3 of 3 < 1 2 3






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 Ideas!
real estate newsletters




How To Advertise Here

Sponsors

Newest Members
relator52512, JThompson51, Josh Parks, rockstar45177, JLD MIAMI TEAM
21433 Registered Users
Who's Online
9 registered (12 step 4 BPOs?, BetweenTheLines, clof2001, Dodger52, Mercedes, 2 invisible), 167 Guests and 0 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
Vermont 83
KingofBPOs 52
Brit16 51
shurdul 45
DueDiligence 43
Bigtoe 35
johnnyloans 35
Averis 34
Kjmendy 33
SoldWithVideo 32
super realtor 31
RIzwan 29
75Corvette 28
Doin' bpose 28
Scintillion 25
(Views)Popular Topics
No new orders today 4744803
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 2695228
Stupid MLS comments. 957240
EML 458010
Evalonline 299689
What do you know about Froy Candelario, top agent in USA 290356
Land America 285007
New HUD Listing Brokers---Any Update? 268675
Mainstreet 261768
Pay it Forward - BPO/REO Tips & Tricks I & II 238973
Stupid QC comments and BPO requirements. 229580
Is there religious content in Buffini class? 225326
FARVV 177251
REOTRANS 160602
USRES / RES.NET 147658
Let's talk about our cars 147093
asset val seminar in colorado 143953
AVM Bpos 139642
FARVV 126764
PAS 118332
Featured Member
Registered: 08/08/04
Posts: 1610

How To Advertise Here


This site presented by RNC Internet Services