When you list a home with a Realtor you realize that your going to pay a Commission, but do you know how that commission is used? Usually when I take a listing if the Commission is 5% I will split it 2.5% for me and 2.5% for the other Real Estate Firm. I have seen several cases (especially in one local real estate firm in my town) where an agent has taken a listing at 5% and only gave out 2% to the buyers broker. You ask well why does that matter to me Im paying 5% and 5% is 5% right? WRONG!!!! your Realtor is lying to you and not representing you in the best way that they should. #1 check your listing agreement against the actual MLS listing make sure your agent is giving out the correct commission to make sure you are getting proper exposure on the MLS many agents are of the mindset of passing up listings that are only giving out 2% just to get to the ones that are giving out 2.5% so next time you list your home don't list with A GREEDY REALTOR!!!!
Hi New Jersey Realtors,
My company will start offering Search Engine and Online Marketing seminars in late may of 2009, This will be an exciting overview of how to bring your Real Estate career to the next level, we will be covering the following topics:
How to use the internet to market yourself and market listings
How to get more buyers leads
How to create a bigger marketing footprint on the web
Real Estate and Social Media, (ie: twitter, facebook, craigslist, Kijiji and more....)
and lots of great content, if you have any questions about the seminar please ask you can also reach me at 973-846-0065
Matthew DeFede
1) Most of the time they are not a bargain no matter what the Short sale Gurus are spouting
2) The buyer is responsibale for everything, Back Taxes, Back Fees CO etc.
3) Most listing agents dont know how to handle the immense paperwork from the bank
4) The bank does not even know how to handle the transaction
5) Attorneys do not understand the process either
In my opinion I would tell my clients if they are looking for a bargain go after the Bank Owned properties, its usually a better deal a better transaction and so on. Good homes in a good area dont stay on the market long period.
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