Quote:
Originally Posted by jgmroc67
As a realtor for 45 years in 2 states, I never looked at a commission when gleaning available listings to show...think about it... If you want to make the sale, you are going to align the features of a house to what the client is looking for. you are not going to waste your time and gas on listings just because of the commission rate
Also, The above quote about the man looking over the shoulder and deciding the listings are shown in order of commission rate does not make sense. Again think about it.... You line up the listings in order of which ones are closest to each other.
|
That is what happened. The list had both home prices and the commissions listed. The homes were all not far from one another within a gated community. These folks bought and sold at least twenty houses in ten years as they were flippers.
When they sold a couple of times in tougher markets they used a local MLS broker who did the listings for half a percent. The guy did a lot of them and made good money. Then they used the best photographer in the area $400- $700. They also staged their homes. They were making several hundred thousand dollars a year doing this in Orange County, CA. One house they bought for $700,000, put a lot of work into it while they lived there, and sold it FSBO four years later for $1,700,000. They knew what they were doing.
They picked up sales contract forms at the Newport Beach Realtor Association office and used those on their sales which were usually sold FSBO.