Comments on: Real Estate Professionals Need a Better Compensation Model, One as Local as They Are http://thexbroker.com/2008/03/04/real-estate-professionals-need-a-better-compensation-model-before-their-collective-reputation-can-improve/ Radical Transparency for The Real Estate and Mortgage Industrys Mon, 08 Sep 2008 01:30:40 +0000 http://wordpress.org/?v=2.3.3 By: The XBroker http://thexbroker.com/2008/03/04/real-estate-professionals-need-a-better-compensation-model-before-their-collective-reputation-can-improve/#comment-1918 The XBroker Thu, 06 Mar 2008 01:46:12 +0000 http://thexbroker.com/2008/03/04/real-estate-professionals-need-a-better-compensation-model-before-their-collective-reputation-can-improve/#comment-1918 Agreed Mike. Im a fan of agents moving towards a consulting fee...working a post to put forth some general ideas of what could work... Agreed Mike.
Im a fan of agents moving towards a consulting fee…working a post to put forth some general ideas of what could work…

]]> By: Mike Farmer http://thexbroker.com/2008/03/04/real-estate-professionals-need-a-better-compensation-model-before-their-collective-reputation-can-improve/#comment-1924 Mike Farmer Wed, 05 Mar 2008 22:57:59 +0000 http://thexbroker.com/2008/03/04/real-estate-professionals-need-a-better-compensation-model-before-their-collective-reputation-can-improve/#comment-1924 addendum: but it would open up fee negotiation wider on both sides for buyer and seller. addendum: but it would open up fee negotiation wider on both sides for buyer and seller.

]]> By: Mike Farmer http://thexbroker.com/2008/03/04/real-estate-professionals-need-a-better-compensation-model-before-their-collective-reputation-can-improve/#comment-1920 Mike Farmer Wed, 05 Mar 2008 22:56:23 +0000 http://thexbroker.com/2008/03/04/real-estate-professionals-need-a-better-compensation-model-before-their-collective-reputation-can-improve/#comment-1920 I agree with the buyer financing the buyer's side, however it would turn out with buyer's negotiating that the buyer agent be paid out of proceeds from the sale, and the listing agent charging the seller with a lower commission on the listing side, but it would delineate the representation better. I agree with the buyer financing the buyer’s side, however it would turn out with buyer’s negotiating that the buyer agent be paid out of proceeds from the sale, and the listing agent charging the seller with a lower commission on the listing side, but it would delineate the representation better.

]]> By: Real Estate News This Morning - March 5, 2008 | Real Estate Radio USA http://thexbroker.com/2008/03/04/real-estate-professionals-need-a-better-compensation-model-before-their-collective-reputation-can-improve/#comment-1926 Real Estate News This Morning - March 5, 2008 | Real Estate Radio USA Wed, 05 Mar 2008 16:58:54 +0000 http://thexbroker.com/2008/03/04/real-estate-professionals-need-a-better-compensation-model-before-their-collective-reputation-can-improve/#comment-1926 [...] The New Real Estate Commission Model Debate [...] […] The New Real Estate Commission Model Debate […]

]]> By: Thomas Johnson http://thexbroker.com/2008/03/04/real-estate-professionals-need-a-better-compensation-model-before-their-collective-reputation-can-improve/#comment-1925 Thomas Johnson Wed, 05 Mar 2008 06:23:02 +0000 http://thexbroker.com/2008/03/04/real-estate-professionals-need-a-better-compensation-model-before-their-collective-reputation-can-improve/#comment-1925 We'll all have assumed room temperature by the time this is resolved. 50 states, 50 sets of real estate law rewritten plus lender conventions such as allowing a buyer to finance the buyer broker side, plus IRS rules regarding 1099 contractors vs employees in the midst of a financial meltdown where the Fed is trying to get a taxpayer bailout of every major lending institution by shoving all the bad paper on the FHA... Now, let's debate something which we might be able to resolve in our lifetimes: How many angels can dance on the head of a pin? We’ll all have assumed room temperature by the time this is resolved. 50 states, 50 sets of real estate law rewritten plus lender conventions such as allowing a buyer to finance the buyer broker side, plus IRS rules regarding 1099 contractors vs employees in the midst of a financial meltdown where the Fed is trying to get a taxpayer bailout of every major lending institution by shoving all the bad paper on the FHA…

Now, let’s debate something which we might be able to resolve in our lifetimes: How many angels can dance on the head of a pin?

]]> By: FBS Blog » Blog Archive » Making Markets http://thexbroker.com/2008/03/04/real-estate-professionals-need-a-better-compensation-model-before-their-collective-reputation-can-improve/#comment-1927 FBS Blog » Blog Archive » Making Markets Wed, 05 Mar 2008 02:31:16 +0000 http://thexbroker.com/2008/03/04/real-estate-professionals-need-a-better-compensation-model-before-their-collective-reputation-can-improve/#comment-1927 [...] to listings, and the value (or lack thereof) of listing aggregators.  In the midst of this is a post by the XBroker dissecting the value of real estate agents and several posts regarding Redfin’s new features. [...] […] to listings, and the value (or lack thereof) of listing aggregators.  In the midst of this is a post by the XBroker dissecting the value of real estate agents and several posts regarding Redfin’s new features. […]

]]> By: Mike Farmer http://thexbroker.com/2008/03/04/real-estate-professionals-need-a-better-compensation-model-before-their-collective-reputation-can-improve/#comment-1928 Mike Farmer Wed, 05 Mar 2008 02:07:00 +0000 http://thexbroker.com/2008/03/04/real-estate-professionals-need-a-better-compensation-model-before-their-collective-reputation-can-improve/#comment-1928 What would make sense to the consumer? What would make sense to the consumer?

]]> By: Today’s RE.net on the NAR : NAR Wisdom http://thexbroker.com/2008/03/04/real-estate-professionals-need-a-better-compensation-model-before-their-collective-reputation-can-improve/#comment-1929 Today’s RE.net on the NAR : NAR Wisdom Tue, 04 Mar 2008 23:52:26 +0000 http://thexbroker.com/2008/03/04/real-estate-professionals-need-a-better-compensation-model-before-their-collective-reputation-can-improve/#comment-1929 [...] Jeff Corbett on the XBroker: In spirit of my experiences, any time a chance arises to take a swipe at NAR’s antiquated ways and membership, I’ll oblige. [...] […] Jeff Corbett on the XBroker: In spirit of my experiences, any time a chance arises to take a swipe at NAR’s antiquated ways and membership, I’ll oblige. […]

]]> By: The XBroker http://thexbroker.com/2008/03/04/real-estate-professionals-need-a-better-compensation-model-before-their-collective-reputation-can-improve/#comment-1930 The XBroker Tue, 04 Mar 2008 19:24:17 +0000 http://thexbroker.com/2008/03/04/real-estate-professionals-need-a-better-compensation-model-before-their-collective-reputation-can-improve/#comment-1930 A better version of 'fee negotiation', away from a % based model, one that makes sense to more consumers is what is needed. There isn't an end all be all answer to this important question. Just as real estate is local in nature, so should be an local real estate professionals compensation model... A better version of ‘fee negotiation’, away from a % based model, one that makes sense to more consumers is what is needed.

There isn’t an end all be all answer to this important question. Just as real estate is local in nature, so should be an local real estate professionals compensation model…

]]> By: Mike Farmer http://thexbroker.com/2008/03/04/real-estate-professionals-need-a-better-compensation-model-before-their-collective-reputation-can-improve/#comment-1932 Mike Farmer Tue, 04 Mar 2008 18:09:15 +0000 http://thexbroker.com/2008/03/04/real-estate-professionals-need-a-better-compensation-model-before-their-collective-reputation-can-improve/#comment-1932 What can be better than fee negotiation, which is what it is now? What can be better than fee negotiation, which is what it is now?

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