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#95742 - 03/04/06 04:32 AM Re: What's the best listing commission?
Agent 007 Offline
Major Contributor

Registered: 02/05/05
Posts: 2710
Loc: Las Vegas
 Quote:
Originally posted by RealDealer:
So you end up with a situation where sellers are more inclined to call an agent from a brand like RE/MAX or C21, than they are to call "Sell For Less Realty", even though they're offering equal or better service for a lot less money.
better service? what kind of better service do discount companies offer than those big full service companies you mentioned? :rolleyes:
_________________________
Len McGuirk
Prudential Americana Group
Direct: (702) 203-6688
Las Vegas Real Estate

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#95743 - 03/04/06 06:45 AM Re: What's the best listing commission?
TerryinVa Offline
Member

Registered: 11/03/05
Posts: 230
Loc: Virginia Beach
Uh how did the last so called illogical debate on this topic turn out. I guess saying Ditto might be the best reply here. If you want to discount go ahead its legal and fine. I sure do not care. I get plenty of bussiness at regular price. I am comfortable with that. Stop being mad at full price agents becuause we make more. It is a free country and you can work anyplace you want for whatever price you like. Hey I enjoy making more than you discount fellas and doing less work. I am happy about it and do not hold a grudge. Why are you so concerned about what full price agents are doing? Why? Why? Why?
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Boca Raton Real Estate

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#95744 - 03/04/06 07:47 AM Re: What's the best listing commission?
RealDealer Offline
Veteran Member

Registered: 10/29/04
Posts: 794
 Quote:
better service? what kind of better service do discount companies offer than those big full service companies you mentioned?
Keep in mind that my perspective is that of someone who might use your services if they weren't so overpriced, I don't provide them.

Simply NOT charging me thousands of dollars extra so you can advertise yourself equals better service.

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#95745 - 03/04/06 07:59 AM Re: What's the best listing commission?
TerryinVa Offline
Member

Registered: 11/03/05
Posts: 230
Loc: Virginia Beach
"Simply NOT charging me thousands of dollars extra so you can advertise yourself equals better service."

I got a new idea. lol Lets advertise the house bring more buyers and get a higher price buy creating additional trafic. Yes more buyers do bring higher prices. We call it supply and demand.By having more buyers we automatically increase the demand.
By the way as a independent agent I do not have to work with everyone. I can choose to not work with a prospective client if I feel we would not work well together. I have done this in the past and will do it in the future. Sometimes this is best for both parties.
If you truely want the biggest discount sell your own home. Unrepresented sellers do sell thier properties sometimes.
_________________________
Boca Raton Real Estate

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#95746 - 03/04/06 09:16 AM Re: What's the best listing commission?
Rick Mense Offline
Member

Registered: 06/29/05
Posts: 783
Loc: Pensacola, FL
 Quote:
Originally posted by Agent 007:
 Quote:
Originally posted by RealDealer:
So you end up with a situation where sellers are more inclined to call an agent from a brand like RE/MAX or C21, than they are to call "Sell For Less Realty", even though they're offering equal or better service for a lot less money.
better service? what kind of better service do discount companies offer than those big full service companies you mentioned? :rolleyes:
Agent 007,
MORE? Well for starters, do you give back the Co broke if you sell your listing? A2S does! You can't get much better than that!!! I laugh when listing agents tell their clients," well you know, that other 3% will go to the selling broker." Then the next day the listing agent sells the house on an simple ad or off the MLS.... THEN THEY KEEP THAT 3% they just told the sellers was going to another agent.
TERRY, this is the problem I have. Agents are supposed to be Ethical. Nothing about this situation is ethical. If you knew it was price well and most likely would get a buyer, you were effectively lying (or at minimum not being totally honest).
This GREED is why real estate agents and REALTORS are viewed as used carsalesmen. Assist2Sell doesn't behave this way, why do the full commission guys do it???? Let me guess, cause you can. Cause that is what the seller agreed to pay ( YES BUT ON THE PRETENSE THAT IT WAS GOING TO A HARD WORKING BUYERS AGENT, NOT YOU SELLING IT THE NEXT DAY ) GREED GREED GREED.... you full commission agents should be ashamed of yourself, I don't know how you sleep at night. But there are places in the afterlife for people like you, sleep tight!!!!
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Gwinnett County Real Estate

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#95747 - 03/04/06 10:03 AM Re: What's the best listing commission?
RealDealer Offline
Veteran Member

Registered: 10/29/04
Posts: 794
 Quote:
I got a new idea. lol Lets advertise the house bring more buyers and get a higher price buy creating additional trafic. Yes more buyers do bring higher prices. We call it supply and demand.By having more buyers we automatically increase the demand.
My point exactly! If full commission agents advertised the house and brought more buyers and got a price high enough to more than compensate for the commission, then the commission would be worth it. But as it is full commission agents DO NOT do that, they spend my money to advertise their own faces so they can get more listings, not more buyers for my house.

 Quote:
By the way as a independent agent I do not have to work with everyone. I can choose to not work with a prospective client if I feel we would not work well together. I have done this in the past and will do it in the future. Sometimes this is best for both parties.
Agreed. I choose not to hire a realtor for the same reason, they won't work hard for me.

 Quote:
If you truely want the biggest discount sell your own home. Unrepresented sellers do sell thier properties sometimes.
Haven't you been listening? I already sell my houses myself because realtors are overpriced.

If there was a $100 listing service around here I would probably use it. The cheapest listing agent around here is $1,500 and that's still too much for MLS advertising. Right now I sell 20 houses for that price.

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#95748 - 03/04/06 12:12 PM Re: What's the best listing commission?
TerryinVa Offline
Member

Registered: 11/03/05
Posts: 230
Loc: Virginia Beach
"My point exactly! If full commission agents advertised the house and brought more buyers and got a price high enough to more than compensate for the commission, then the commission would be worth it. But as it is full commission agents DO NOT do that, they spend my money to advertise their own faces so they can get more listings, not more buyers for my house."

Well some discount brokers snort coke and rape babies but not all of them. I guess some full commission agents advertise the house and get full price too. How in the world can you be so narrow a view to accuse us all of something? Oh I see you have a agenda not based on truth but your feelings.

"Agreed. I choose not to hire a realtor for the same reason, they won't work hard for me."

All agents are not the same. Yes I work hard for my clients and do a good job. Even better I work smart for my clients. Just took a listing today and we are asking 20,000 more than the other agent. I am giving a 1% discount if I bring the buyers. My clients like that.


"Haven't you been listening? I already sell my houses myself because realtors are overpriced."

This forum is for Realtors. If you want to whine and cry please go to a bar or place of your choosing. You do not have to use us and I for one do not want you as a client. My clients value my service and like my performance.


"If there was a $100 listing service around here I would probably use it. The cheapest listing agent around here is $1,500 and that's still too much for MLS advertising. Right now I sell 20 houses for that price."

So you say? Well what is your point? It costs $3000 a year in fees to be a Realtor so you want my first 30 homes a year to be free? Try a drug clinic crack can kill. Does anybody here really care becuase all you do is complain. Nope I do not care at all and do not value your bloviated opinion has been trumpeted all over here for no real reason other than to make yourself happy.
News flash we are here to talk to other Realtors and help each other. Please leave the forum as your agenda is clear?
_________________________
Boca Raton Real Estate

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#95749 - 03/04/06 12:56 PM Re: What's the best listing commission?
agent steve Offline
Member

Registered: 02/14/06
Posts: 29
Loc: Naples Florida
ditto on terryinva. samegoes for rick mense. we all know that your model is better and we are all leeches on the backsides of the truly ethical discounters. ok? we know we'll all be out of bussines in a very short time and the discounters will rule the world. we know. you have convinced the traditional brokers and agents of the error of our ways. we have been educated in all of the complexities of the re world and bow in unison to your greatness and brilliant re acumen. in short, you win, you are right we are wrong. please forgive our transgressions. we are all trully sorry to have doubted your genius and stategery.
now, please, pretty please, pretty please with sugar on top, shut up about it.

realdealer, we collectivly bow to your powers of real estate sales. we are sorry that one of our agent brothers or sisters have failed to meet your obviously high standards of conduct. we will strive to live up to your expectations. until then, i call on all agents around the world to work for you pro bono in order to rebuild your faith in our chosen profession. but of course, a bussinesman of your stature and wealth would never accept help from anyone as loathsome as a re agent, but i wanted to show you how deeply concerned we are of your opinions of us. now, is that what ya'll wanted to hear? you have won and we have lost you were right we were wrong. now please, please, please shut up about it.

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#95750 - 03/04/06 02:57 PM Re: What's the best listing commission?
RealDealer Offline
Veteran Member

Registered: 10/29/04
Posts: 794
TerryinVa, if you think I was accusing you of something why don't you come right out and say so?

agent steve, that's more like it you may now kiss my ring.

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#95751 - 03/04/06 03:34 PM Re: What's the best listing commission?
TerryinVa Offline
Member

Registered: 11/03/05
Posts: 230
Loc: Virginia Beach
Realdealer
I was kinda vague just like you on purpose so you would understand your own point. lol
I am now convinced by you my life is meaningless. Thank you for showing me the truth. I am going to Tibet and become a monk now.

(comment deleted)
_________________________
Boca Raton Real Estate

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#95752 - 03/04/06 04:55 PM Re: What's the best listing commission?
GailSusan Offline
Veteran Member

Registered: 08/19/04
Posts: 507
Rick, I'm a full commission broker, but I just lost a listing to a Seller who was insulted by my CMA and decided to list with an agent who was charging 7% commission with 3.3% going to the buyer agent. I showed him that his net proceeds would be less going with the other agent, but he was determined to make sure that his home sold at the price he felt it deserved.

If selling homes was just about money then you might have an argument, but it is an emotional experience where people have certain requirements. There is room for full commission, discount brokers, FSBO's, and high commission brokers in the scheme of things. I know my niche and I stick to it. I gladly passed up that listing.

I did a CMA for another potential client who said the only thing standing between her and the price she wanted was my commission. I encouraged her to do a flat fee CMLS listing as a FSBO. She's doing that now and reports in to me every week on how miserable the experience is. A snoopy neighbor demanded to come to see her home and went into every closet and cabinet.

People are not always rational when it comes to selling their homes. That's one of the reasons I love this business. It is so interesting.

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#95753 - 03/04/06 07:22 PM Re: What's the best listing commission?
RealDealer Offline
Veteran Member

Registered: 10/29/04
Posts: 794
RealDealer,

Knock it off NOW, this is your warning! It's fine to debate but that comment is absolutely going over the line.

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#95754 - 03/05/06 04:00 AM Re: What's the best listing commission?
Agent 007 Offline
Major Contributor

Registered: 02/05/05
Posts: 2710
Loc: Las Vegas
 Quote:
Originally posted by RealDealer:
So you end up with a situation where sellers are more inclined to call an agent from a brand like RE/MAX or C21, than they are to call "Sell For Less Realty", even though they're offering equal or better service for a lot less money.
RealDealer, you just responded to my last post something that doesnt make sense. here you are saying that for less money you get better service going with a discounter. well, my last post i asked you what better service do you get? you responded that its just cheaper. well, for less money, besides that being your "better service", what better service do you really get?

thats what i thought.
_________________________
Len McGuirk
Prudential Americana Group
Direct: (702) 203-6688
Las Vegas Real Estate

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#95755 - 03/05/06 04:08 AM Re: What's the best listing commission?
Agent 007 Offline
Major Contributor

Registered: 02/05/05
Posts: 2710
Loc: Las Vegas
 Quote:
Originally posted by Rick Mense:
 Quote:
Originally posted by Agent 007:
 Quote:
Originally posted by RealDealer:
So you end up with a situation where sellers are more inclined to call an agent from a brand like RE/MAX or C21, than they are to call "Sell For Less Realty", even though they're offering equal or better service for a lot less money.
better service? what kind of better service do discount companies offer than those big full service companies you mentioned? :rolleyes:
Agent 007,
MORE? Well for starters, do you give back the Co broke if you sell your listing? A2S does! You can't get much better than that!!! I laugh when listing agents tell their clients," well you know, that other 3% will go to the selling broker." Then the next day the listing agent sells the house on an simple ad or off the MLS.... THEN THEY KEEP THAT 3% they just told the sellers was going to another agent.
TERRY, this is the problem I have. Agents are supposed to be Ethical. Nothing about this situation is ethical. If you knew it was price well and most likely would get a buyer, you were effectively lying (or at minimum not being totally honest).
This GREED is why real estate agents and REALTORS are viewed as used carsalesmen. Assist2Sell doesn't behave this way, why do the full commission guys do it???? Let me guess, cause you can. Cause that is what the seller agreed to pay ( YES BUT ON THE PRETENSE THAT IT WAS GOING TO A HARD WORKING BUYERS AGENT, NOT YOU SELLING IT THE NEXT DAY ) GREED GREED GREED.... you full commission agents should be ashamed of yourself, I don't know how you sleep at night. But there are places in the afterlife for people like you, sleep tight!!!!
Rick,
you are basically saying that the majority of us as listing agents end up bringing the buyer also. how often does this really happen? hardly ever! and if we do ever bring the buyer, then why shouldnt we get paid for doing even more work? as we all know, that 3% co-op fee does attract agents to bring in buyers. that includes myself.

let me ask you something too. how often does A2S actually bring in your buyer? do they even work with buyers? i think they work with mainly sellers. i thought thats why they are called Assist 2 Sell! if you think that charging clients a flat rate of $2995 to just list the house in the MLS, then go for it. thats about all the help you'll get from those guys.
_________________________
Len McGuirk
Prudential Americana Group
Direct: (702) 203-6688
Las Vegas Real Estate

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#95756 - 03/05/06 08:57 AM Re: What's the best listing commission?
brseminars Offline
Veteran Member

Registered: 01/05/04
Posts: 1347
Loc: Hutchinson, KS. 67501
To All Members,

As you probably noticed I deleted several posts on both sides of this debate due to unnecessary personal attacks that in no way contributed to this thread. Feel free to debate but please stop the personal attacks or further action will need to be taken by myself, Paul or Admin if need be.
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