Methods of Compensating Real Estate Agents
Get an example and explanation for the most common methods of compensating real estate agents. See how a gross commission that's charged to a client is divided up among the companies and individuals involved.
Fee for Service Real Estate Shows the Time Value of Our Services
Though we've trained our buyer customers to work with us without obligation for compensation, it doesn't mean that it has to be that way. Here's an actual story of a buyer relationship that shows a healthy respect for a broker's time.
Though we've trained our buyer customers to work with us without obligation for compensation, it doesn't mean that it has to be that way. Here's an actual story of a buyer relationship that shows a healthy respect for a broker's time.
You Can be Inefficient and Generate Revenue with Procuring Cause
This is a real-life story of the experience of a real estate buyer who asked for information from a listing broker and then viewed the property with the buyer broker they'd been working with over the internet. It seems it can pay to be poor at your job.
This is a real-life story of the experience of a real estate buyer who asked for information from a listing broker and then viewed the property with the buyer broker they'd been working with over the internet. It seems it can pay to be poor at your job.
The Real Estate Referral Agent
The real estate referral agent is one of the highest paid non-entertainment jobs on the planet. Where's the value in this antiquated procedure that pays thousands of dollars an hour for actual effort or performance?
The real estate referral agent is one of the highest paid non-entertainment jobs on the planet. Where's the value in this antiquated procedure that pays thousands of dollars an hour for actual effort or performance?
Listing Types - Who Gets Paid and Who Doesn't
There are three basic types of real estate listing agreements, Open, Exclusive Agency, and Exclusive Right to Sell. You should know the difference in order to know who is and is not entitled to a commission on sale.
There are three basic types of real estate listing agreements, Open, Exclusive Agency, and Exclusive Right to Sell. You should know the difference in order to know who is and is not entitled to a commission on sale.
How Agents are Compensated for a Real Estate Transaction
There are many ways to compensate a real estate agent for their efforts. Learn the most common here, from the traditional broker/agent split to salary. Learn about referral fees and franchise fees.
There are many ways to compensate a real estate agent for their efforts. Learn the most common here, from the traditional broker/agent split to salary. Learn about referral fees and franchise fees.