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#77538 - 07/25/05 08:23 AM
Re: Builders agents
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Member
Registered: 06/15/05
Posts: 20
Loc: Georgia
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Subdivision I currently live in (no professional allegiance) states when the potential customer is present that they will pay a 5% commission to the agent if they are present when the customer registers; if they are not present when the customer registers, but the customer informs the builder they are represented they will pay 3%; if a customer (or agent for that fact) states afterwards that they are represented no payout.
Now having said all of that, I think that they buyers that buy in new construction need representation moreso than in other circumstances. And it wouldn't be from teh builders' agent that I would search for that. Just my opinion.
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#77541 - 07/25/05 03:55 PM
Re: Builders agents
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Member
Registered: 07/16/04
Posts: 2899
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Conficious say "New agent who can not take criticism on Internet in for rude awakening in real estate sales."
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#77543 - 07/25/05 08:02 PM
Re: Builders agents
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Member
Registered: 07/16/04
Posts: 2899
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I wish you good luck in your new career.
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#77544 - 07/25/05 08:04 PM
Re: Builders agents
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Veteran Member
Registered: 06/09/05
Posts: 586
Loc: Jax, Fl
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#77545 - 07/26/05 06:07 AM
Re: Builders agents
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Major Contributor
Registered: 12/03/04
Posts: 2198
Loc: Austin, TX
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Depending on the market, the builders can be your best friends. Since our market took a tech dive in 2003, builders have been great to agents because we've accounted for roughly 60-85% of their sales. Most started letting us just call ahead to register a client to get full commission, we can hold 1st time buyer seminars onsite, and they entered us into drawings for new car giveaways just for showing the product.
Some were still trying to be sneaky at the closing table, but they quickly learned that if agents hear that other agents are getting ripped off, they won't get much business.
P.S.
Luvduv, there's no need to fight with people on this board. If you have intelligent questions and things to say, you will get referrals from buyers and sellers. There are many more people lurking here than actually posting.
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#77547 - 07/26/05 07:42 AM
Re: Builders agents
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Major Contributor
Registered: 04/21/05
Posts: 1879
Loc: kentucky
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"He who asks a question is a fool for five minutes; he who does not ask a question remains a fool forever." chinese proverb Luvduv, you are going to do just fine.
_________________________
Comments made are my opinion, and not intended to be legal advice of any kind.
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#77548 - 07/26/05 05:58 PM
Re: Builders agents
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Junior Member
Registered: 07/06/05
Posts: 9
Loc: NY
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how do you approach builders/new constructions??
2 months old in real estate.
amynewbie
_________________________
amynewbie
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#77550 - 04/01/06 12:05 PM
Re: Builders agents
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Junior Member
Registered: 04/01/06
Posts: 7
Loc: Atlanta
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I went to an interview with GMAC. They told me that builder's agents don't make a lot of money. Does anyone know if this is true?
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#77551 - 04/01/06 01:02 PM
Re: Builders agents
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Member
Registered: 01/14/06
Posts: 724
Loc: Las Vegas
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You can't be standing around the builders trying to attract buyers. But why not purchase ad space near new developments - bus stops or whatever other signage is available - and put out a creative ad? Like, "The builders have agents; you should too!" Note: I am not saying to stick some signs in the ground saying that. Start an ad campaign and educate the public about why they should use you. --A
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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.
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Registered: 09/16/05
Posts: 431
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