Talk of The Villages Florida

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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   realtors vs tv real estate brokers (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/realtors-vs-tv-real-estate-brokers-304565/)

stadry 03-29-2020 01:38 PM

realtors vs tv real estate brokers
 
understand tv real estate brokers are not Realtors but can/do they actively show non-tv broker/Realtor listings & facilitate sales of same ? know the reverse is true - Realtors can show/broker TV listings.......................... thanks in advance !

Mosells 03-29-2020 01:53 PM

Really, and I though, “ never the Twain shall meet”. How long they been doing this?

retiredguy123 03-29-2020 01:54 PM

The term Realtor is a private organization designation. It really has nothing to do with whether they can show houses to you. To sell houses in Florida, you need to be a licensed broker or agent with a Florida State license. In The Villages, you actually need to deal with two different licensed agents, a Villages agent an a non-Villages agent. The Villages agent can show you the new houses and the pre-owned houses listed by The Villages company. The non-Villages agent can only show you houses that are not listed by the Villages company. They cannot show you houses listed by the Villages company.

Marathon Man 03-29-2020 02:06 PM

Quote:

Originally Posted by stadry (Post 1736211)
understand tv real estate brokers are not Realtors but can/do they actively show non-tv broker/Realtor listings & facilitate sales of same ? know the reverse is true - Realtors can show/broker TV listings.......................... thanks in advance !

Why not call them and ask.

Bjeanj 03-29-2020 02:44 PM

https://www.talkofthevillages.com/fo...hlight=Realtor

bagboy 03-29-2020 03:09 PM

TV agents are just that. Agents of the developer that sell new construction, new spec homes, and they list and sell previously owned homes in The Villages thru their Villages Listing Service. They are not licensed Realtors, therefor they cannot participate in the sale of any broker listed home inside or out of The Villages. I have recently seem a few agents advertised as "licensed agents" I don't know what that means as they aren't using the trademarked Realtor designation.
Outside of The Villages, there are licensed real estate Brokers, who own their own office/company, and work representing buyers and sellers. There are also Brokers in Charge, licensed as a Broker but run an office/company for another party. And then, there are licensed Realtors who work for outside of The Villages agencies as sales reps and buyers agents.
Unless something has changed, these two groups are like oil and water. They don't mix, and they don't cooperate on transactions. Realtors don't sell new/used Villages inventory, and Villages agents work for the developer and in cooperation with other Villages agents

BS Beef 03-29-2020 03:40 PM

So I’m cringing at the replies to what may to some seems like a dumb question. But are you saying it’s best or at least not unusual to have 2 separate agents for buying in TV?

bagboy 03-29-2020 03:58 PM

Quote:

Originally Posted by BS Beef (Post 1736301)
So I’m cringing at the replies to what may to some seems like a dumb question. But are you saying it’s best or at least not unusual to have 2 separate agents for buying in TV?

It's not unusual or out of line to have both. In my mind, it's only right to tell each of them about each other. Remember, this life change and new/newer home purchase us about you, and what's best for you. Good luck!

pqrstar 03-29-2020 04:01 PM

Quote:

Originally Posted by BS Beef (Post 1736301)
So I’m cringing at the replies to what may to some seems like a dumb question. But are you saying it’s best or at least not unusual to have 2 separate agents for buying in TV?

Yes, you may need two agents if you are wanting to look at re-sale homes.
Re-sale homes can be listed with either a Villages representative or an outside real estate agent who is usually a member of the MLS (Multiple Listing Service)

However, if you are only considering a new home. You will have to use a Villages sales agent.

champion6 03-29-2020 04:02 PM

Quote:

Originally Posted by BS Beef (Post 1736301)
So I’m cringing at the replies to what may to some seems like a dumb question. But are you saying it’s best or at least not unusual to have 2 separate agents for buying in TV?

If you want to buy only new, you need only a Villages rep.

If you want to buy preowned, you should have both a Villages rep and an MLS rep.

logdog 03-29-2020 04:03 PM

If you are looking for resales and want to see all that is on the market, you need two agents.

Mleeja 03-29-2020 04:03 PM

Quote:

Originally Posted by bagboy (Post 1736287)
TV agents are just that. Agents of the developer that sell new construction, new spec homes, and they list and sell previously owned homes in The Villages thru their Villages Listing Service. They are not licensed Realtors, therefor they cannot participate in the sale of any broker listed home inside or out of The Villages. I have recently seem a few agents advertised as "licensed agents" I don't know what that means as they aren't using the trademarked Realtor designation.
Outside of The Villages, there are licensed real estate Brokers, who own their own office/company, and work representing buyers and sellers. There are also Brokers in Charge, licensed as a Broker but run an office/company for another party. And then, there are licensed Realtors who work for outside of The Villages agencies as sales reps and buyers agents.
Unless something has changed, these two groups are like oil and water. They don't mix, and they don't cooperate on transactions. Realtors don't sell new/used Villages inventory, and Villages agents work for the developer and in cooperation with other Villages agents

Realtors of The Villages are licensed. They do not cross sell with non-Villages Realtors, but they do cooperate with them. At least ours did. She recommended a non-Villages Realtor and facilitated the initial meeting.

vintageogauge 03-29-2020 04:14 PM

When we were planning on moving down here I sent a list of our requirements to both The Villages and to a popular MLS agent. Both said they had many homes lined up to show us. When we arrived the MLS agent did not have a single home for us to look at with the requirements I sent to him but The Villages agent, Beth Pope, had quite a few, some of the ones we were interested in were already sold but she still had some that met our criteria to show us, we had interest in two of them. The next day she asked if we would like to see new homes in Fenney which was just starting so we drove down and bought a new spec. home within an hour, there was such a huge price difference when comparing apples to apples that we could not pass it up. It will be 3 years in early May and we are very happy living down here.

BS Beef 03-29-2020 04:34 PM

Quote:

Originally Posted by vintageogauge (Post 1736321)
When we were planning on moving down here I sent a list of our requirements to both The Villages and to a popular MLS agent. Both said they had many homes lined up to show us. When we arrived the MLS agent did not have a single home for us to look at with the requirements I sent to him but The Villages agent, Beth Pope, had quite a few, some of the ones we were interested in were already sold but she still had some that met our criteria to show us, we had interest in two of them. The next day she asked if we would like to see new homes in Fenney which was just starting so we drove down and bought a new spec. home within an hour, there was such a huge price difference when comparing apples to apples that we could not pass it up. It will be 3 years in early May and we are very happy living down here.

That’s great. Thanks for the thoughtful reply! :coolsmiley:

gsovas 03-30-2020 05:26 AM

Real estate
 
Quote:

Originally Posted by Mosells (Post 1736220)
Really, and I though, “ never the Twain shall meet”. How long they been doing this?

Ever since Moby Dick was a Guppy!
I was misled by a TV sales person saying she was a licensed broker when we were looking here in 2015. The whole time she knew we were real estate sales people from a different State and we had a very open conversation. However after two days of showing us homes and then we put an offer on one home, we decided to back out because we realized that this sales person was not working for us as a real estate agent does. So we went home, sold our home first, spent the summer up north at the same time looking on line at different properties offered by outside Real Estate professionals. Do you know what we found? The same properties listed for $50,000 leass!

Leadbone1 03-30-2020 06:26 AM

I was a realtor in Ohio for 12 years before I came here last year. I checked it out. The villages real estate people are not Realtors. They are sales people, but they do have a Florida real estate license. They cannot show multiple-listing homes like from Realty executives or Century 21. Conversely actual Realtors cannot show the Villages listings. Hope that clears it up

redboat 03-30-2020 06:41 AM

Not true TV sales associates can only show new and resales listed with TV and are not multiple listing members. In addition sales associates push buyers towards new construction. Resale through multiple listing Realtors is the best.

stadry 03-30-2020 06:44 AM

even i knew this part but thought it apparent to all & just confirmed in this thread,,, 'Realtors' of The Villages do NOT exist as they are NOT 'Realtors'l ( copyrighted word which can be used by only members of the Natl Assoc. of Realtors ),,, tv re brokers are licensed by the state as real estate brokers & sales reps but are not 'Realtors'
i wasn't asking for myself for for a friend who's selling her rental in tv & has a tv broker living next door.
understand re sales have plummeted in tv - they have too up here in atl
THANKS FOR THE CLARIFICATION - APPRECIATE YOUR HELP ! ! !

Carolynphelps 03-30-2020 07:18 AM

The Village Realtors
 
The Village realtors are licensed by the State. Please check your facts.

ladyarwen3 03-30-2020 07:26 AM

Quote:

Originally Posted by BS Beef (Post 1736301)
So I’m cringing at the replies to what may to some seems like a dumb question. But are you saying it’s best or at least not unusual to have 2 separate agents for buying in TV?

That's what I did. I had a Villages agent and a multilist agent. Ended up buying through the multilist. If you want a new home however, you MUST use TV agent.

mikeritz53 03-30-2020 07:37 AM

Well said, but in addition the Village Sales people are just that. They are a Marketing staff employed by The Developer so they do not have to be and are not licensed. A Realtor has to take courses and a test to get Licensed, comply with a firm set of Ethics rules and take Continuing Education courses annually to maintain their License.

retiredguy123 03-30-2020 07:40 AM

Quote:

Originally Posted by Carolynphelps (Post 1736578)
The Village realtors are licensed by the State. Please check your facts.

Can you please clarify? Are you referring to the agents who work for The Villages company? Because, when I search the "Find a Realtor" website, I cannot identify any of the well known Villages agents on the National Association of Realtors list. The term "Realtor" is not a generic term. It is a label provided by the NAR, which is a trade association, and they do not license people to sell houses. That is done by the State. You don't need to be a Realtor to sell houses in Florida, but you do need a Florida license.

SnowflakeinDeLaVista 03-30-2020 07:40 AM

It is my understanding that many of the people that show pre-owned homes for The Villages are called marketing agents or something like that. There are actual licensed realtors-and sometimes they do show houses- but the marketing agents are in effect representing licensed real estate agents when they show a house. At least that is what we were told a few years ago. It may have changed since then.

merrymini 03-30-2020 08:00 AM

When we looked, we had a villages rep and an outside realtor because they do not overlap and we wanted to see the entire market. We bought a resale, although through the villages. When we sold after buying a new house through the villages, we listed with the villages and were very disappointed. We eventually sold with Remax and an agent who was terrific. A lot of experiences have to do with the real estate PERSON you deal with. I would not list with the villages because their focus is on selling new properties.

jonathanb 03-30-2020 08:26 AM

I am a retired Villages real estate representative. We are all licensed Florida real estate agents. Because Properties of The Villages does not co broke with outside brokerages we cannot sell their pre owned listings and they cannot sell Properties of The Villages pre owned listings. Also, Outside brokers cannot sell new homes. Only Properties of The Villages reps can sell them. We are not realtors because our broker does not require us to be Being a realtor just means you paid dues to belong to the national association of realtors. It is not an added license. I know I was a realtor in Pa.

jonathanb 03-30-2020 08:34 AM

RE The Villages
 
Quote:

Originally Posted by BS Beef (Post 1736301)
So I’m cringing at the replies to what may to some seems like a dumb question. But are you saying it’s best or at least not unusual to have 2 separate agents for buying in TV?

Bottom line is The Villages reps are licensed by the state but The Villages does not co broke with MLS brokers. If you want to see a greater number of pre owned homes you will need to agents. One Villages agent and an outside agent. But for new construction only a Villages rep can show and sell them.

Bobzlla 03-30-2020 08:51 AM

We worked with a TV sales agent a couple months ago who showed us several new and previously owned homes from their inventory. We had
also viewed a few non- TV listings when there were open houses. As we had a good relationship with our TV agent, we approached him about seeing some other homes listed by outside agents. He advised he was happy to take us around and arrange appointments, however he receives no compensation if we do proceed with a purchase of one. There is no arrangement obviously to have shared commission.

tophcfa 03-30-2020 09:25 AM

We specifically wanted a pre-owned home with a private back yard, either a pool or room to build one, little to no remaining bond balance, and under a certain price point. We used both a VIllages Real Estate Agent as well as a Liscenced Independent Realator, with access to the Multiple Listing Service. This allowed us to search ALL pre-owned homes on the market (except for sale by owners) that appeared to fit our criteria. Our search criteria resulted almost exclusively in homes north of 466, which was our preference anyways. We were careful to select a Villages Real Estate Agent that was previously a licensed real estate agent, so we knew we would be working with someone who had prior experience working for buyers as well as sellers (Villages Real Estate Agents do not work for buyers). We made it very clear to our Villages agent we were not interested in a new home and she never once tried to push us in that direction. We must have looked at 50 houses, about 30 Villages listings and about 20 Multiple Listings by independent Realators. During our home showings we insisted on walking around each home before wasting everyone’s time going through the house. We walked away from about half the showings after seeing that despite the back yard having enough room to build a pool, there would be little to no privacy.

We really liked both our agents, but were hoping to buy a home through the independent Licensed Agent, who represented us. At the end, the home we decided on was a Villages listing. Five years later we have no regrets with our choice. T & D built us an incredible pool/birdcage in our back yard that abuts a beautiful preserve with fantastic sunsets, we came in just under our budget after building a brand new pool, our home has no bond, and we love living right between LSL and Spanish Springs. Hope things work out for the OP as well as it did for us.

vintageogauge 03-30-2020 09:25 AM

Quote:

Originally Posted by redboat (Post 1736551)
Not true TV sales associates can only show new and resales listed with TV and are not multiple listing members. In addition sales associates push buyers towards new construction. Resale through multiple listing Realtors is the best.

That's not true either. We were not pushed towards buying new construction, after looking at used homes we were down to deciding between 2, our realtor asked (not pushed) if we were interested in seeing the new section of Fenney at the time and we said we would like to see it. She did not have to push us, we realized the huge savings that were available down here and bought a new spec. home immediately. We are very thankful to our Sales Agent Beth Pope.

vintageogauge 03-30-2020 09:31 AM

Quote:

Originally Posted by merrymini (Post 1736617)
When we looked, we had a villages rep and an outside realtor because they do not overlap and we wanted to see the entire market. We bought a resale, although through the villages. When we sold after buying a new house through the villages, we listed with the villages and were very disappointed. We eventually sold with Remax and an agent who was terrific. A lot of experiences have to do with the real estate PERSON you deal with. I would not list with the villages because their focus is on selling new properties.

The Villages sells just about as many re-sale homes as all of the MLS companies combined. I'm not saying which way is better but numbers don't lie. Picking the right agent is more important than which way you go. With MLS agents there are top listers and top sellers if listing to sell I think you know which ranking to go with.

Stu from NYC 03-30-2020 09:41 AM

We moved into the villages 2 months ago.
Were working with an MLS broker but we were not satisfied with the houses she had to show us and hooked up with a Villages realtor and found our house.
The two groups definitely do not play together at all.

retiredguy123 03-30-2020 10:32 AM

If you are buying a house, I recommend using an experienced Villages agent who will refer you to an outside agent for the MLS listings that you may want to view. That way, you have access to all available houses, and you will not create a conflict. A good Villages agent will be happy to suggest an outside agent. If they won't, I would find another Villages agent who will.

MEbner2805 03-30-2020 10:46 AM

That’s actually untrue! Caldwell banker can show villages realty properties but if a sale occurs by their client, they can’t get the commission. A villages realtor will usually be at their listed house to help show it to the outside realtor and their client buyer.

larcha 03-30-2020 10:46 AM

Having two agents if you are looking to buy, one from TV and one using MLS, is advisable in order to see the full range of properties available. But what if you are selling? Other than one or the other not willing to participate in a dual listing wouldn't I want the most exposure for my property by listing both with TV and on MLS?

MEbner2805 03-30-2020 10:49 AM

No realtor will allow you to duel list your home for sale and split the commission!!! That makes no sense and you are signing a contract with the realty agent to put it on the market and that means they have sole sale rights! No such thing as dual listing a home for sale. Where did you get that idea? *♀️

pcacace 03-30-2020 01:17 PM

Excellent explanation!

Mosells 03-30-2020 02:16 PM

Two different agents showing you houses. When you find a house you like the agent that showed you the house will consummate the deal.

mowdie 03-30-2020 02:29 PM

Zillow. For years it seemed like almost all MLS listings were north of 466. Zillow, the last six months have so many more all the way down to 44.
On TV preowned listings it looks like they have less than before.
Here is my question, when selling using MLS can the commission be negotiated below 6%?

retiredguy123 03-30-2020 03:51 PM

Quote:

Originally Posted by mowdie (Post 1736899)
Zillow. For years it seemed like almost all MLS listings were north of 466. Zillow, the last six months have so many more all the way down to 44.
On TV preowned listings it looks like they have less than before.
Here is my question, when selling using MLS can the commission be negotiated below 6%?

The commission can definitely be negotiated, especially the listing agent's part. Some agents even advertise a 4 percent commission, with 3 percent going to the selling agent.

WinnieHa 03-30-2020 03:54 PM

Remember, The Villages is an anomaly.....different. The replies that I have read are correct. You need two realtors if you want too see the whole universe of what is available for sale in The Villages. This is unique. If you are coming in on the Life Style plan, you might feel a loyalty to the Villages rep that takes you around and that is natural. We just bought in July 2019 and it took us a minute to understand the situation. Your Villages Rep will likely not tell you this. We had to figure it out. We ended up with two realtors; a Village Rep and a non- Village Rep. It was a bit awkward but we did make sure we gave full disclosure as they both were spending valuable time with us. The Village Rep only legally represents the interests of the seller, not the buyer but works with the buyer to facilitate the sale. Ours was very helpful and accommodating but we understood that he was primarily looking out for the buyer. They will only show you Villages new construction and Villages resale listings. Those re-sales where the owner chooses to list with someone other than the Villages, will not be shown to you by the Villages Rep. You can look at Zillow and see those homes listed by non-Villages companies/agents. You can contact the listing agent directly if you choose to see the property. Generally Villages listed homes are only on the Villages website and not Zillow or other such listing apps. It is definitely a challenge if you want to perform an exhaustive search and it is in your best interest to look at all that is available.


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