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 2 of 2 < 1 2
Topic Options
Rate This Topic
#184881 - 12/03/07 03:46 PM Re: Coldwell Banker [Re: cherry27]
ManFromTheBand Offline
Veteran Member

Registered: 08/23/05
Posts: 704
Loc: Spring Hill, FL
everything is negotiable...this is REAL ESTATE!

Currently I pay $69/month + $40 E&O per deal and $239 on the first transaction of every month...other than that I keep 100%. Company provides a website, free copies, free fax use, fax-pdf, training several times/month for new agents to help them get going.

I pay all my own advertising, MLS/REALTOR dues, etc...honestly...can't beat it. Franchise Companies just don't have anything to offer me that would make me want to switch.

Do your homework before you sign on the line...
_________________________
Check Out my Blogs - Spring Hill Real Estate - Hernando County Real Estate and Spring Hill Real Estate Buyers & Sellers Q&A Forum
Check out my Google Profile or connect with me on Facebook, LinkedIn, or Twitter!

Top
#184954 - 12/03/07 08:13 PM Re: Coldwell Banker [Re: estatereal]
Paceryder Offline
Veteran Member

Registered: 05/14/05
Posts: 937
Loc: The Milky Way
 Originally Posted By: estatereal
100% of nothing is the same as 50% of nothing, but when a check comes in @ 100% your check is 100% and 50% of your check is only half of what you could have made.


True, but agents who are trained well make more deals. A switch can be made in the future.

Top
#185398 - 12/05/07 03:21 PM Re: Coldwell Banker [Re: cherry27]
NEohioREA Offline
Member

Registered: 12/05/07
Posts: 12
Loc: Ohio
I have been an agent with CB for many years. As a new agent comming into the office this is what you get.

50/50 split, 35 E&O per deal up to 600.00 per then you don't pay again until the following year. Franchise fee is 6% but you only pay 3% the office pays the other 3%. Office pays 50% of all marketing. Company book is free. No copy fees, technology fees, fax fees or phone fees. Signs are paid for, you buy open signs. 1st set of cards are free. Commission goes up based on yearly volume, does not go down if you sell less the following year. You pay all dues. Pay 99.00 per year for customizabe website. Tons of free materials on CB intranet site. Broker will personally go with you on listing appointments and not ask to be compensated, (huge for new agents). Lead Router is free. Floor time is available as much as you want. Agents will give you open houses and homes to advertise, you keep all of your side if you sell it.

You just can't beat it with a stick.

Top
#185965 - 12/07/07 02:47 PM Re: Coldwell Banker [Re: NEohioREA]
floater Offline
Member

Registered: 11/13/07
Posts: 200
There should be plenty of small companies out there with a lot of training available. Small companies have small fees (most of them). You want to ask around, research their reputaion. How much can the manager / broker help you. Are they in the office all day? Will they give you undivided attention?

I started at RE/Max and paid just under 25k my first year before I hit 100%, and then there were still fees, and more fees.

No matter what, I have made it a point to brand myself, not my company. I've moved 4 times in 5 years and the only thing I ever changed was my business card. I pay 6k flat / yr. plus 100 per transaction. I always pay up front so am always getting 100%.

I never understand why people pay the big bucks, no matter how much you make, money is money and you don't need the big name to make it.

Top
#186790 - 12/11/07 10:23 PM Re: Coldwell Banker [Re: NEohioREA]
cherry27 Offline
Member

Registered: 03/10/07
Posts: 52
Loc: USA
Is this a set for agents that are brand new to real estate or new to Coldwell altogether? Are they open to a higher split for an agent that is in their 2nd year.

Top
#187173 - 12/13/07 05:46 PM Re: Coldwell Banker [Re: cherry27]
TB in TX Offline
Major Contributor

Registered: 08/16/07
Posts: 2813
Loc: X
Negotiate! Don't accept the 50/50 split. My second year I switched markets and brokerages, and all the ones that said they were 50/50 I pushed to 75/25 with little to no effort.

Top
#187177 - 12/13/07 06:04 PM Re: Coldwell Banker [Re: cherry27]
sedonarealtor Offline
Junior Member

Registered: 12/13/07
Posts: 1
Loc: sedona, az
The market has completely changed in the last 12 month's. The inventory is high and sellers are more willing to negotitate. Some REALTORS are not ready to accept this market, my opinion is "get over it."
The face of real estate has changed dramatically and it is a buyers market, especially in Arizona, especially in the vacation market here in Sedona. You can view listings on my website and see firsthand the reductions in price and increase in inventory. http://www.sedonaarizonahomesforsale.com

Top
#187194 - 12/13/07 07:32 PM Re: Coldwell Banker [Re: sedonarealtor]
TB in TX Offline
Major Contributor

Registered: 08/16/07
Posts: 2813
Loc: X
Sedona, your response doesn't even apply to Houston's question. Thanks for the spam, though. \:\)

Top
Page 2 of 2 < 1 2






Moderator:  Agent 007, RaquelMangual 
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
realtor525, relator52512, JThompson51, Josh Parks, rockstar45177
21434 Registered Users
Who's Online
6 registered (realtor525, Doin' bpose, acor2121, copenwbpos, BPOhawk, 1 invisible), 173 Guests and 0 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
Vermont 83
KingofBPOs 53
Brit16 51
shurdul 45
DueDiligence 44
Bigtoe 35
Averis 34
johnnyloans 34
Kjmendy 33
SoldWithVideo 32
super realtor 31
RIzwan 29
Doin' bpose 28
75Corvette 26
Scintillion 25
(Views)Popular Topics
No new orders today 4746699
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 2696816
Stupid MLS comments. 957495
EML 458010
Evalonline 299689
What do you know about Froy Candelario, top agent in USA 290442
Land America 285007
New HUD Listing Brokers---Any Update? 268838
Mainstreet 261768
Pay it Forward - BPO/REO Tips & Tricks I & II 239023
Stupid QC comments and BPO requirements. 229686
Is there religious content in Buffini class? 225424
FARVV 177251
REOTRANS 160633
USRES / RES.NET 147658
Let's talk about our cars 147155
asset val seminar in colorado 143982
AVM Bpos 139642
FARVV 126764
PAS 118332
Featured Member
Registered: Today at
Posts: 1

How To Advertise Here


This site presented by RNC Internet Services