You make the call...IS that even legal.....
Agent calls to tell me an offer is on the way...from a property he,or his client HAVE NOT even previewed. I was sketchy in the first place. I get to reading the offer and it is a full price offer, more then full price. Buyer asks for an inspection, asks to be able to"reassign " the contract, and that the seller pay a "Finders Fee" to some third party( who I later find out is the originator to the offer) for finding a buyer. They have an inspection period for all "investors" to approve the property. The buyer even went as far as to ask to show the property to potential buyers , before they had clsoed on the deal. (trying to find a renter before the property was purchased) Of course my seller declined , but the buyer came back a second time asking with a definite buyer, but a $5000 fee for finding the buyer. Sounds to good to be true...right?
Turns out that the originator seeks people online and "qualifies them, and /or seller finances in some way. The agent told me he submits like 10 offers a week to sellers to see who bites. I replied that agents don't make that much when they sell a property.
My question was "is this legal"? You make the call...
WOW....wow is the most I can get out about Family Reunion In FL this year. It was BEYOND WORDS! It was incredible education, fun evens, fabulous networking. It was great to actually meet and talk to agents that you can refer too. Rather then just hoping you pick a good one. It was a great motivator to get my butt back in gear and do business.
It shows because I have already begun dealings when I got back.
I have to say after a first time at Family Reunion it just secures my decision to be a part of the Keller Williams Family. Where its not a job-its somethign I like to do and get paid at.
I encourage others who are considering it to go to family reunion. Even if you are at a different company, as I met a few agents from other companies there, I encourage you to go next year.
New Orleans I can not wait!!!
I wanted to address the one stop shop approach. It is my observation that one stops generally offer less "Quality" of servie to the client, because they know business will come through the door. Why should they work hard if the people are just given to them. Too many times business try to cram to much stuff under one roof, rather than focusing on doing one thing better than anyone.
I think you can offer recommendations, but why should I be " required" to provide a loan officer with a few deals. What deal does that officer provide me? Does the company compensate me for the business I bring it? Do they reduce any fees they charge me? The answer is "NO"!
So maybe i don't want to get coffin at the same place i buy bulk toilet paper. Doesn't mean i won't go there.
Just something to ponder...
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