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12-21-2009, 07:14 AM
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#1 |
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Too lazy to set a custom title
Industry Role:
Join Date: Jul 2005
Posts: 10,057
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Desperation.. or.. ?? 90% Realtor Comm in DB
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12-21-2009, 07:31 AM
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#2 |
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Confirmed User
Join Date: Jun 2004
Location: Tampa Bay, FL
Posts: 6,708
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Good way to motivate agents to turn a profit on a property. It's 90% of the net so if the house sells at a loss they would get nothing.
__________________
 Start making money with the hottest hookup site! up to $55 PPS or up to 75% Revshare ICQ 196766477 |
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12-21-2009, 07:34 AM
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#3 | |
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Too lazy to set a custom title
Industry Role:
Join Date: Jul 2005
Posts: 10,057
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Quote:
The house sells at a loss, it sells at a profit, why does it matter.. you get your 5-7%.. or half of it.. |
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12-21-2009, 09:37 AM
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#4 |
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ICQ:649699063
Industry Role:
Join Date: Mar 2003
Posts: 27,763
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I have heard real estate is good business for people who have $100,000s to invest.
They can make 20% return sometimes in a year.
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Send me an email: [email protected] |
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12-21-2009, 10:01 AM
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#5 | |
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Too lazy to set a custom title
Industry Role:
Join Date: Jul 2005
Posts: 10,057
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Quote:
You can make a whole god damned fucking HELL OF ALOT MORE than THAT But you had better know what in the hell you're doing, too Are you talking about 20% returns on REITs? I have no idea of what they're doing now, but at one time, they did that and more.. |
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12-21-2009, 10:08 AM
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#6 |
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Confirmed User
Join Date: Jan 2009
Location: Somewhere east of the Mississippi
Posts: 723
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I think they are talking about the commission split with the agency. The commission is usually 4%(or used to be in NC) of the total sale, a certain percentage goes the the RE firm, then the Realtor gets the rest. In this case the RE firm gets 10%, the Realtor gets 90%.
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ICQ: 566990329 "There is no rest for the wicked... and porn purveyors! |
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12-21-2009, 10:10 AM
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#7 | |
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Too lazy to set a custom title
Industry Role:
Join Date: Jul 2005
Posts: 10,057
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Quote:
That's what it means But, is that becoming normal out there, or what? It's usually 50/50 broker/agent everywhere I've ever been.. |
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