|
|
#209750 - 03/07/08 08:08 PM
Re: Condo for Sale
[Re: Bigtoe]
|
Mod Squad
Major Contributor
Registered: 11/27/06
Posts: 7685
Loc: PA
|
It may not cost the buyer or seller any additional money but there is no way they are going to receive the same level of service when their agent has to give 25% of their paycheck to someone who did nothing in the transaction.
I strongly, strongly, STRONGLY disagree with this. This is a sweeping judgment that is not accurate. Maybe you treat referred clients differently, but I do not. I currently have a listing that when it sells, I need to pay another agent 25% of my commission because she gave me the listing to begin with. Why in the world would I balk at paying a fee for something that was handed to me? Why would I screw up my chances of getting more customers from this referred customer by treating her as sub par? I also referred sellers to an agent in New Jersey - I certainly hope he doesn't have your philosophy. Clients who are referred to me receive the same excellent service as the ones I had to work hard on my own to get - because I want MORE referrals in the future; both from the referring agent and from the client! Treating referred clients as sub par because you don't get "full" commission is obtuse and completely STUPID and missing the forest for the trees. I have a lot more to say but thankfully my computer is acting stupid itself, and taking forever. So I'll shut up now. SEND YOUR CUSTOMERS TO ME, I'LL TREAT THEM LIKE "MY OWN". Sheesh!!!
|
|
Top
|
|
|
|
|
#209835 - 03/08/08 12:07 AM
Re: Condo for Sale
[Re: Perky_REALTOR]
|
Major Contributor
Registered: 02/05/05
Posts: 2713
Loc: Las Vegas
|
Thank you Perky! That is exactly what I was wondering. If anything, when I refer a client out to another Realtor in another area, I expect them to go above and beyond for that client. If they don't get the job done and do it to their best ability, I don't send that Realtor another referral......Ever!
With that said, referred clients are sometimes taken better care of by some Realtors as opposed of that client just walking into that Realtor's office off the street. Good agents know that if they want more referrals from the referring agent, they will do a great job.
It's plain and simple. So I think referring a buyer/seller to another Realtor is better than the buyer/seller just looking in the phonebook. This is true especially if the referred Realtor has a good reputation. I think I made my point and I think many will agree with me. If not, don't expect a referral from me.
_________________________
Len McGuirk
Prudential Americana Group
Direct: (702) 203-6688
Las Vegas Real Estate
|
|
Top
|
|
|
|
|
#210126 - 03/09/08 06:48 AM
Re: Condo for Sale
[Re: Agent 007]
|
Major Contributor
Registered: 07/01/99
Posts: 4785
Loc: Knoxville, Tennessee, Knox Cou...
|
CRS Realtors in Myrtle BeachWould be a good place to find a Realtor to sell a property in Myrtle Beach.
|
|
Top
|
|
|
|
|
#210258 - 03/09/08 04:20 PM
Re: Condo for Sale
[Re: Jim Lee]
|
Major Contributor
Registered: 02/05/05
Posts: 2713
Loc: Las Vegas
|
What's so great about CRS? Do you think that CRS agents are better than agents that aren't CRS?
_________________________
Len McGuirk
Prudential Americana Group
Direct: (702) 203-6688
Las Vegas Real Estate
|
|
Top
|
|
|
|
|
#210290 - 03/09/08 06:42 PM
Re: Condo for Sale
[Re: Agent 007]
|
Major Contributor
Registered: 07/01/99
Posts: 4785
Loc: Knoxville, Tennessee, Knox Cou...
|
What's so great about CRS? Do you think that CRS agents are better than agents that aren't CRS? Well, as a matter of record..........yeah. CRS website "CRS members comprise just 4 percent of all REALTORSŪ. CRS Designees earn an average of $110,000 annually and nearly three times as much as the $37,300 that the average REALTOR who sells real estate earns." For me CRS means knowledge, education, referrals, experience, and excellence. But we don't need to belabor this point. This thread is about helping the guy in Myrtle Beach get his condo sold.
Edited by Jim Lee (03/09/08 06:45 PM)
|
|
Top
|
|
|
|
|
#210323 - 03/09/08 08:27 PM
Re: Condo for Sale
[Re: Jim Lee]
|
Major Contributor
Registered: 02/05/05
Posts: 2713
Loc: Las Vegas
|
What's so great about CRS? Do you think that CRS agents are better than agents that aren't CRS? Well, as a matter of record..........yeah. CRS website "CRS members comprise just 4 percent of all REALTORSŪ. CRS Designees earn an average of $110,000 annually and nearly three times as much as the $37,300 that the average REALTOR who sells real estate earns." For me CRS means knowledge, education, referrals, experience, and excellence. But we don't need to belabor this point. This thread is about helping the guy in Myrtle Beach get his condo sold. The reason that the average agent doesn't have such a high level of income is because there are a lot of new agents, agents that don't use their license and part-time agents. Most agents do not have the CRS designation either.
_________________________
Len McGuirk
Prudential Americana Group
Direct: (702) 203-6688
Las Vegas Real Estate
|
|
Top
|
|
|
|
|
#210440 - 03/10/08 08:56 AM
Re: Condo for Sale
[Re: Perky_REALTOR]
|
Veteran Member
Registered: 10/14/07
Posts: 1291
Loc: Outer Banks
|
It may not cost the buyer or seller any additional money but there is no way they are going to receive the same level of service when their agent has to give 25% of their paycheck to someone who did nothing in the transaction.
I strongly, strongly, STRONGLY disagree with this. This is a sweeping judgment that is not accurate. Maybe you treat referred clients differently, but I do not. I currently have a listing that when it sells, I need to pay another agent 25% of my commission because she gave me the listing to begin with. Why in the world would I balk at paying a fee for something that was handed to me? Why would I screw up my chances of getting more customers from this referred customer by treating her as sub par? I also referred sellers to an agent in New Jersey - I certainly hope he doesn't have your philosophy. Clients who are referred to me receive the same excellent service as the ones I had to work hard on my own to get - because I want MORE referrals in the future; both from the referring agent and from the client! Treating referred clients as sub par because you don't get "full" commission is obtuse and completely STUPID and missing the forest for the trees. I have a lot more to say but thankfully my computer is acting stupid itself, and taking forever. So I'll shut up now. SEND YOUR CUSTOMERS TO ME, I'LL TREAT THEM LIKE "MY OWN". Sheesh!!! There are exceptions to anything anyone says. But the reality is a 25% cut in pay will result in a cut in services, some if not most of the time. When I send a client to another agent I do not want to take that risk. Most referrals are with complete strangers so there is no way an agent can vouch for the other agent. Most agents are going to argue this point because it is a traditional way of doing business. More so with active rain and these forums. Complete strangers vouching for the integrity and work ethic of complete strangers for 25%, typically undisclosed, does not represent a business model I can endorse. I do not take referrals for a fee and I send out a handful of referrals every year for free. I do too much work for my clients to accept a cut in pay. I think to much of my clients to expect their agent to accept a cut in pay. In the future, please do not try to belittle me with your assumptions. I did not point my finger at anybody and I resent you pointing your finger at me. Everyone is entitled to their own opinion.
_________________________
Your Outer Banks real estate agent. Helping people buy and sell OBX real estate since 1989.
|
|
Top
|
|
|
|
|
#210587 - 03/10/08 04:35 PM
Re: Condo for Sale
[Re: Bigtoe]
|
Major Contributor
Registered: 02/05/05
Posts: 2713
Loc: Las Vegas
|
I agree with Perky. You attacked all agents in general. This forum is probably not a good place to badmouth agents, considering it is made up of mostly agents.
the reality is a 25% cut in pay will result in a cut in services
Maybe your referrals get less attention. Personally, I give great service, whether a client has been referred to me or not. Do you think you are too good to accept a referral fee? You are sending someone a lead that they would have never had. There's nothing wrong with asking for a small piece of the action. You also stated that many referrals go out to agents we don't even know. How do you know? Do you know my agent referral base? NO! I don't know many agents that will send you a referral if you are not willing to pay a small referral fee to them. The only way I can see this to be possible is if you were sending that agent constant referrals back. Just stop bashing our profession.
_________________________
Len McGuirk
Prudential Americana Group
Direct: (702) 203-6688
Las Vegas Real Estate
|
|
Top
|
|
|
|
|
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.
|
|
|
1 registered (Mike Hagen),
161
Guests and
2
Spiders online. |
|
Key:
Admin,
Global Mod,
Mod
|
|
Registered: 01/16/09
Posts: 106
|
|
|
Celebrating 13 years as one of the internet's most popular Real Estate Communities!
Previous Topic
Index
