In many markets across the country, over 50% of real estate sales are cooperative sales ; that is, a real estate agent other than yours brings in the buyer. … Your Realtor will generally prescreen and accompany qualified prospects through your property. a – I want to see that study. b – Allowing strangers into your home is the whole point of the MLS and lockbox system we use!
If Zillow competes with Realtor.com , will (and how will) some of the folks at NAR … position the Seattle company as bad for the industry?
…Rather than treat it as such and ensure that it is the comprehensive source of data, we have gotten comfortable and used to having a great source of information; complacency in any profession or industry will inevitably lead to failure.
… county code mandates that haulers have to offer the service, “but doesn’t say how it should be managed,” … and George Shadman, Albemarle County’s director of general services, urges residents whose recycling isn’t getting picked up to call general services at 296-5811. … Personally, I would be willing to pay a little bit more (I’m not sure what amount would be the Tipping Point where I would not want to pay for this service) so that I could feel better about subscribing to the Wall Street Journal .
My thinking is: I am going to find you the highest quality property that meets your needs for the lowest possible price, and do it in a way that makes this transaction a positive experience for you that you will refer my services to all of your friends and family when they need to satisfy their real estate needs. (I have referred to this in the past as Raving Fan service – JD) As a buyer you should be especially vigilant that your buyer broker is really out there to assist you, and is not just trying to make another sale.
Say, for example that the Seller is offering 3% commission on a $250,000 house. $250,000 x 3% = $7500 If I made that much, that would be great. … Prices of properties and sales volume certainly help offset the potential negative income when dealing with referrals, as does the repeat business when those buyer referrals contact me to market their homes … but … there is at least one (big) company from whom I never accept referrals because their agreement stipulates that once I work with someone whom they referred to me, all future transactions with that client must send this particular company a 35% referral fee.
I don’t like the feeling when I pay a referral fee (although they do pay the bills occasionally), so I don’t want to transfer that same ill feeling to another agent. … Related reading – Transparency in real estate fees (or why do I hate referral fees) Go to Hell, relo company