All Posts Tagged With: "commission"
Real Estate Brokers Versus Salespeople — What’s The Difference?
A “broker” can be seen as someone licensed by the state and who works for another and for a fee. In effect, a broker is an “agent– who works for a “principal,– say a buyer or seller. As an agent, a real estate broker must uphold certain duties and obligations or his or her license [...]
21Nov2009 | Peter G. Miller | 0 comments | Continued
The Case For Flexible Real Estate Commissions
Isn’t it time to change real estate agreements — to make them better for buyers, sellers and brokers? Syndicated columnist Peter G. Miller explains.
17Feb2009 | Peter G. Miller | 0 comments | Continued
Is Real Estate Brokerage Ready For Term Licensing?
More than two million people now have realty licenses, a number which raises a question: Does the marketplace really benefit from so many licensees? The debate here is more complex than it may seem. As a society we want minimal entry barriers so that the business of real estate is open to all and also [...]
12Sep2008 | Peter G. Miller | 0 comments | Continued
What’s a “net” listing and is it good for sellers?
Imagine a situation where a real estate broker said “your home is worth $300,000. But instead of taking a commission on that $300,000 value, my fee will be limited to everything above that figure.” Sounds pretty good – unless the home is worth substantially more than $300,000, something a broker would know but an owner [...]
2Sep2008 | Peter G. Miller | 0 comments | Continued
Is Brokerage Solidarity A Real Estate Reality?
Is the brokerage community some sort of monolith, a group-think brotherhood where all march in unison? I wondered about such issues when I got email the other day which really peeked my interest. The letter went something like this: I wonder if the FSBO listings on the MLS are treated differently by brokers at large, [...]
20Aug2008 | Peter G. Miller | 0 comments | Continued
Is It Time To End Real Estate Referral Fees?
It’s August in Washington, a time of year when the President, Congress, and much of the local bureaucracy is out of town. A quiet time, a time to ponder new and different ideas…. Imagine if the practice of real estate brokerage were suddenly modified. No longer would referral fees be allowed. From now on, the [...]
16Aug2008 | Peter G. Miller | 0 comments | Continued
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