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On 27-Jun-2005, "AspiringBroker" <mfarid1@yahoo.com> wrote:
> Steve, I do not know if you are a broker or not but I wish I could agree
> with you as I'm an aspiring broker myself. When you say "single
> listing network", I guess you are talking about MLS. FSBO put my house
> on MLS for $300 and my total cost was $350. That is the biggest
> problem.
No. If you use a flat rate broker your total cost is $350 plus the buyer's
agent's 3% commission. If you pay $350 to be on some obscure website you are
truly a sucker or uninformed of how many website's the are out there that
you're not on. Unless you're willing to give your home away, do not even
bother listing it in the MLS unless you're willing to give the buyer's
agents their full 3% commission.
True that getting on the MLS will get you on Realtor.com/Yahoo etc., but if
you do not offer the listing agent anything beyond the flat $350 fee, do not
expect them to even answer the phone, much less cart buyers to you when they
can send the buyer to a property that can get them 3-6%.
--
Warmest regards,
Steve Horrillo, Realtor / C.Ht.
http://BrokerAgentTraining.comhttp://over100percent.comhttp://hipFSBO.com
http://eLOWn.com
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Re: Your team
