Will increasing a realestate agents commission cause serious selling incentive?

Posted on August 16th, 2011 by admin

I’m super anxious to sell my house (By Owner) and was thinking of upping the flat commission rate to about $7,000.00 – $8,000.00 to the agent that can sell my home. Do you think this would cause a frenzy thoughout the agent world to sell my house?

Ill sell your house for that commission.lol
But yes money talks.

What Profession is NOT like the others? BANKERS, Realestate Agents, Used Car Salesman, and Quantity Surveyors?

Posted on May 19th, 2011 by admin

Remember? Some of my trick Questions form a Pattern?

Quantity Surveying is one of the most noble and trusted Fiduciary fields where exacting mathematics, attention to detail, skills in negotiation, law, finance, project managment mean in England its a bit of a joke in the book shop scene where Ethel the Aardvark goes merrily on his way down the road? Yea, on Muffti Day its pretty much like the other days of the week except Friday you dress causual by still wearing your suit but leaving the brief case at home becuase its a long lunch day really long I think we got back Monday last time?

Oh and Bankers yeah well they could be a CPA or a MBA but usually and arts graduate or science graduate who had moved on say, from MacDonalds where it means an immediate fail on your resume to any self respecting QS firm unless you were so high up you can bring work in? From the Bank, never Macdonalds, please???

The rest, pretty much the same eh?

Bankers..

My RealEstate Agent has me signing a purchase agreement with out dating it and promise to close me soon!?

Posted on March 11th, 2011 by admin

i started this process in 2009/Sept and i am really tired of waiting for this deal to go through but i think shes getting paid by the rental company to keep renting from me. so to shut me up she signed a purchase agreement and then she had me sign a rental agreement? what the deuce is really up!? can she do this ? am i screwed? or can i sue and if so on what grounds.

If you signed you have no grounds to sue.

Has anyone rented a granny flat through the owner? Im worried about having no realestate agent? ?

Posted on March 9th, 2011 by admin

not sure how i should approach the situation if its wise to rent directly through owner? Any info, tips or experiences would be much appreciated. Am going to arrange to inspect but not sure what i should and shouldnt ask, how do i know they are decent people as the granny flat is attached to the house. Any tips please! Its for me and my daughter so i want to make sure its safe.

Make sure you get a receipt for every payment you make and keep it.
Legally if you pay a bond the landlord must submit it to the State Rental Bond board which is usually part of the Dept of Fair Trading in your State.

Not that it really matters though,as long as you get a receipt for any payments you make to him.

Obviously check to see if the place is clean,check to see what sort of people the owners are,is there beer cans lying around etc.
Do they look ok,does the surroundings look ok.
Do they have pets that could disturb you,big dogs etc.

Is there enough privacy for you and your daughter ?
Look at where the windows are,is there curtains,where are the windows facing?

If you have a car,where can you park it?

Ask if there is a bond ?
How about rent,how many weeks in advance ?
Do they want you to sign a lease,then in that case your bond must be submitted to the State rental board.
How long notice do you have to give to move out ?
Is the electrcity a separate bill ?
Is there any other expenses or just the rent ?
Where is the laundry ?
What about clothes line?
Now,if you pay a bond,usually 4 weeks rent,then you should note and get the owner to sign it,ANY damage ,such as stains on carpets,etc.
Having said all that,its far better you go with a polite friendly attitude rather than be distrustful of them,because they are probaly sussing you out more and more worried who they are going to get living behind there house.

Whats the best way to end a realestate agents contract.?

Posted on March 4th, 2011 by admin

I have a one year but the commision is 6% probably more than I will make after closing sale…
They are not what I expected , 4 months no showings, other agents showing thats another commission can I at least renogotiate a smaller commission in this market CALIFORNIA…

Granted, commissions are negotiable, but if you negotiate lower than 6%, you are shooting yourself in the foot. The vast majority of realtor listed sales involves 2 office; listing and selling. Presuming a 50/50 split that’s 3% for each office. A reasonable amount. However, if you lower the total commission, the share to the selling office will not be very attractive and many agents won’t show property with a low commission. You want to do just the opposite. Offer a bonus if the property is under contract in X number of days.

realtor.sailor

Why do most sellers listen to a realestate agent and list their home way higher then homes right around them?

Posted on October 29th, 2010 by admin

With the housing market being so bad I see daily homes that should be listing for 99 to 125.000 being listed for 175.000 and the agent say well we will just come down. Well in a market that had supply and demand when the suppy is low you can demand but our market is reversed at the present time.

mike
noteliquidator.net

Buyers always want to negotiate down. So, if a seller lists his home higher than those around it and/or higher than what he actually really wants, he can afford to negotiate down and still get the amount of profit from the sale that he desires.

Also, in this market there are so many sellers that are having to short-sale their homes. They owe more than what the home is worth (and what others around them are worth), so they price high, hoping they can eke out every penny they can so that the gap when they sell is as small as possible.

Then there are foreclosures. Banks price foreclosures low, in order to get them to sell quickly, and there are tons of them now. The low price of a foreclosure can make a house next door that’s actually priced appropriately look as though it’s priced high.

Some sellers can afford to price their homes high and wait for them to sell, while others are desperate to get out and will take whatever they can get – whether it’s a fair price or not.

And also, it has a lot to do with how much the seller really knows about real estate. A seller that doesn’t know anything is likely to take the advice of the realtor. The realtor is also going to suggest the highest price possible in order to get a bigger commission.

Proven Strategies and Systems for Real Estate Agents & Lenders that Generate Results

Posted on April 16th, 2010 by admin

http://www.byreferralonly.com Real estate training for Realtors. LeAnn implements strategies in the By Referral Only Solution that allows her to effectively manage her time.

Duration : 0:5:24

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is it easy to become a realestate agent?

Posted on April 15th, 2010 by admin

i’m thinking about becoming one.

You need to get a license and you should be a good sales man. other than that i don’t think there is any hard part
(i heard the licensing part is pretty hard)

can i break a sighned contract WITH A REALESTATE AGENT saying their my agent.And the contract is binding?

Posted on April 13th, 2010 by admin

They cant find me a home i like and want to buy,

theres usually a time limit the real estate agent has in the contract, reread it and go over it with them first.and asks questions no matter how stupid they sound to you. after all its is your time and money they’re useing

Four Misconceptions That Most Real Estate Agents Make

Posted on April 13th, 2010 by admin

http://www.RealtyCoachingClub.com
Now for todays lesson I want to go over Mike Lafidos The Renegade Agents four misconceptions that most real estate agents make in assuming that they will get referrals.
The first misconception is the 75/25 percent rule. This rule refers to the fact that only 25 percent of all the clients that you work with are going to give referrals back to you. So you need to be able to find out from all of your past and current clients who that 25 percent are because that is who you want to put your work into.
Misconception number two is assuming that most clients already know what makes you different than other agents. So you need to have a unique selling proposition (USP) and to let your clients know what that is. So if you have some sort of cash back program, or a guarantee program or any other program that differentiates yourself you need to remind them why youre unique and better from the competition.
The third major misconception that agents make about getting referrals is that bribing your clients through contests and such is going to get them more referrals. Bribing your clients does not motivate clients. So you need to be delivering beyond your client expectations so that they know that you are the expert that they want to recommend. You can do this by focusing your efforts more on stuff like marketing, keeping up with your blog and newsletters.
And the last misconception most agents make when dealing with their clients is that being good enough is good enough. You need to be able to ask who do you know questions.
So once again the four misconceptions are the 75/25 percent rule, assuming that most clients know how you are different, bribing your clients will get you more referrals and that being good enough is good enough. So remember to not make these mistakes. I hope this information was beneficial for you and if you need more tips like this you can learn more real estate education at Mikes blog at www.realtycoachingclub.com .

Duration : 0:3:26

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