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#356795 - 11/05/10 03:48 PM Re: future of small real estate brokers [Re: droll]
Ryan O'Neill Offline
Member

Registered: 06/16/08
Posts: 220
Loc: Minneapolis, Minnesota
With any real estate company, there has to be solid value that is provided by the broker. I certainly think that a smaller broker can provide value (other than reduced fees), but it can be challenging.

In a tougher market for agents to make sales, many agents have left the business and overall efforts at recruiting have become more difficult.

In addition, competition is fierce between real estate companies to recruit and retain top agents.
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MLS Minnesota - Single family home, condos, townhomes in Twin Cities, MN

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#368459 - 02/28/11 11:51 AM Re: future of small real estate brokers [Re: Kristi Leak]
Jeanette Wilson Offline
Junior Member

Registered: 02/28/11
Posts: 2
Loc: Queens, New York
Hi.. I am thinking of switching to a 100% brokerage in the NYC area. Can anyone give me some information on which ones are the best or worst. I don't want to keep switching between offices so I want recommendations if possible. Thanks.

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#369776 - 03/14/11 04:38 AM Re: future of small real estate brokers [Re: shubh]
Downelle22 Offline
Member

Registered: 03/14/11
Posts: 12
Loc: New York City
If you don't have enough money to invest for big company. Just keep on dealing with small business scheme. Getting minimal clients can give you big profits for you to start big company.

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#372146 - 04/08/11 09:39 PM Re: future of small real estate brokers [Re: droll]
mWoods Offline
Member

Registered: 12/11/09
Posts: 82
Loc: Indianapolis
I own a 40 agent non-franchised brokerage in Indianapolis, Indiana. The majority of our business is developed through our web presence and IDX display of listings. Business is great with no signs of slowing down.
_________________________
Mike Woods displays 27,000+ Indianapolis homes for sale in Indianapolis, Indiana. See real estate for sale in 650 cities throughout the United States.

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#372492 - 04/13/11 04:54 AM Re: future of small real estate brokers [Re: shubh]
dubai property Offline
Member

Registered: 08/26/10
Posts: 24
Loc: UK
I also notice that brokers want the easy way to get more profit in real estate market which is totally wrong. Current economic climate condition is not satisfactory for small real estate brokers. If this condition remains continued then surely small broker will disappear from real estate market.



Edited by REODayton (04/26/11 11:29 AM)

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#373788 - 04/26/11 06:40 AM Re: future of small real estate brokers [Re: shubh]
dubai property Offline
Member

Registered: 08/26/10
Posts: 24
Loc: UK
In my personal opinion, future of small real estate investors is not very good because of global recession of real estate market. A big example of recession is :Link removed


Edited by REODayton (04/26/11 11:30 AM)

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#375285 - 05/09/11 09:55 PM Re: future of small real estate brokers [Re: Ryan O'Neill]
lester led Offline
Junior Member

Registered: 05/09/11
Posts: 1
Loc: United States
you are correct but some broker have discounts.



http://www.queens-homes.net
http://www.queens-homes.info
http://www.brooklynhomesforsale24




Edited by lester led (05/09/11 10:02 PM)

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#378166 - 06/06/11 02:31 AM Re: future of small real estate brokers [Re: shubh]
HomesByLender Offline
Junior Member

Registered: 06/03/11
Posts: 4
Loc: USA
Small real estate brokerages are running out much improved than self-governing franchise. Many of the superior franchise brokerages do not give any time of lead support which is critical in this kind of market.
For the more information and interest check out my website.

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#378530 - 06/08/11 05:02 PM Re: future of small real estate brokers [Re: HomesByLender]
ElkGrovePro Offline
Member

Registered: 04/11/07
Posts: 164
Loc: CA
REODayton-thanks for deleting that link. cool Some of the posts here are obvious spam and on top of that are incoherent and meant simply to be used as a link to other commercial interests off of this site.
_________________________
"It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change"-Charles Darwin


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#399293 - 01/19/12 11:52 PM Re: future of small real estate brokers [Re: shubh]
Propert in Dubai Offline
Junior Member

Registered: 01/19/12
Posts: 6
Loc: Ajmaan,Dubai
I do agree with you that it is very hard to survive in this economic state but for small brokers, it is not so hard. You must be acknowledged about this field and with the time being you will get an attractive amount from it.

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#405753 - 04/27/12 12:54 PM Re: future of small real estate brokers [Re: Hanz Investments]
shurdul Offline
Member

Registered: 04/26/12
Posts: 47
Loc: USA
[quote=Hanz Investments]This may be a stupid question but when you offer 100% commission how do you make money? Are you charging an upfront fee with 100% or ???? [/quote]
I am also looking for this question.
_________________________
Park City Real Estate Park City Utah including Deer Valley is a great place to live and vacation Deer Valley Homes For Sale

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#405841 - 04/29/12 10:34 AM Re: future of small real estate brokers [Re: shubh]
super realtor Offline
Major Contributor

Registered: 05/01/05
Posts: 8476
Loc: georgia
Monthly brokerage fees and a per transaction fee.

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#405865 - 04/29/12 08:16 PM Re: future of small real estate brokers [Re: shubh]
Scintillion Offline
Member

Registered: 01/26/12
Posts: 85
Loc: Florida, USA
Like with any other industry, those who are able to adapt to the changing times will survive and thrive. In real estate, if you are able to offer services and benefits that your competition doesn't - you should do well. With that said, many smaller real estate brokerages will probably be feeling the pinch in the coming years.

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#405986 - 05/01/12 01:25 PM Re: future of small real estate brokers [Re: Scintillion]
Bay Area Brian Offline
Member

Registered: 06/09/07
Posts: 476

As a new broker it was being small that provided the business, and when times got a little tougher I could operate lean and mean and several of the top big offices couldn't bear the overhead weight and sank like the titanic, and I quickly scoured the MLS for their present and past clients and added hundreds to my database and future business, along with several good agents.

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#406007 - 05/01/12 08:01 PM Re: future of small real estate brokers [Re: Bay Area Brian]
VABroker Offline
Veteran Member

Registered: 11/02/10
Posts: 848
Loc: Virginia
I enjoy being 'the little guy'. I have yet to meet an agent in my area who has gone out on their own to set up their own little shop (one-man bands for the most part) who doesn't enjoy it.

Small doesn't mean less.

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