Deb's Lake Conroe Real Estate & Stuff! : July 2011

What is YOUR Value in Real Estate?

The Real Estate business is definitely changing and along with it we should change too!.

When you're searching your MLS have you noticed that the compensation split is being lowered too many times? Obviously there can be no price fixing...so we're all free to sell homes at whatever compensation rate we choose. Right?

"Why are we lowering the rates?"

How on earth is that fair for our clients?   How is it fair for us? 

My question is...

Is this suppose to be happening? Is it being manipulated by the system that we are worth less so we should be paid less?

 

For heavens sake it's more difficult to sell a house today than we've ever known it to be! It's more difficult to find qualified buyers. It's more difficult to attain financing. It's more difficult to remain within the guidelines of our FNMA/FHA/VA sources and a few of us are LOWERING THE COMPENSATION?

WHAT'S UP WITH THAT?

If we take the stance that our services, knowledge, advertising sources, E&O insurance, license and experience are important....

SHOULDN'T OUR RATES BE GOING UP?

We should question strongly the Discount Brokers.  Are they diminishing our true value? 

I feel we must educate our clients to Discount Brokers also. Sure, they are willing to split a lesser compensation split to get the deal. What does this do to the client?

Do the clients realize that their BEST INTEREST IS BEING COMPROMISED? 

1.  No one reading this has to admit anything here but how many times have you come across a potential showing, thought you would include it with the tour and then realized you would be paid MUCH LESS than showing and selling the others? I have! I end up showing it anyway if it a really good fit but I have hesitated and scrutinized the listing to make sure it would be just right for my client or I didn't want to waste my time, effort, energy, gas and expertise selling a home that's with a Discount Brokerage!

2. First of all, I find many of the homes listed this way are being overpriced.  Could it be the Broker fighting to get a listing? This all makes me feel uneasy.

3.  If it turns out that the clients are skimpy when it comes to PAYING FOR THE VALUE THEY RECEIVE then they usually become more difficult to work with.

4.  I am one that will still show it. We all know there are others out there that simply would drop it from their list. 

5.  How is this good Representation?

Where will it end?

Personally, I think we are all worth more today than ever! Don't you?

 

 

                                                                                                   Please subscribe~       
**********************************************************************************

 

 

Texas Home Search on FaceBook

Check out my website at: www.debs-realestate.com.

 Some photos attributed                                     

 

 

 

 

Comment balloon 12 commentsDeb Brooks • July 14 2011 12:06AM
What is YOUR Value in Real Estate?
share
The Real Estate business is definitely changing and along with it we should change too!. When you're searching your MLS have you noticed that the compensation split is being lowered too many times? Obviously there can be no price fixing… so… more
Little Dog Lost
share
After reading an incredible story today on one of the search engines that really made me think, feel, and wonder if it had a good ending or a sad ending I thought I would ask your opinion. I read about the ending but it hurt. It turned out… more
Dogs and Cats in Need! Name Your Price this weekend…
share
CONROE, Texas, Montgomery County – The 4th of July holiday proved to be detrimental to our population of pets. The Montgomery County Animal Shelter is having an adoption party this weekend. Bring the children and a very small pocketbook. Over the… more
Diary of a REALTOR® Contest: Why I Chose Real Estate!
share
Diary of a REALTOR® group is having a contest! Contest Title: Why I Chose Real Estate! The title seems simple but could prove to be a real challenge! Diary of a Realtor® wants to help you create a post that can… more
Government ReVamps Foreclosure Terms
share
The Federal Housing Administration submitted allowed Forbearance Bill and has just been signed by President Obama. As of August 1, 2011 the new regulations allow unemployed homeowners to remain in their homes without fear of foreclosure for up to… more
Banks say Thanks? Like Hitting the Jackpot!
share
Banks say Thanks? Like Hitting the Jackpot! Recently I took on a very difficult Foreclosure Listing for a Bank out of California. They needed to sell and interviewed 3 agents in my area on Lake Conroe. The home sat there since 2007 unfinished, 63%… more
How Do You Keep Your Clients Focused To Make A Quick Decision?
share
How do you keep your clients focused when they are searching for the right permanent home or weekend getaway? They are so excited and are ready to go shopping but have you prepared them? Your job can be much easier with a lot of planning on your… more
Texas is Burning to a Crisp!
share
Who Needs Fireworks? Driving to Wichita Falls on Friday was a real trip! As I passed through Huntsville Texas I was shocked and saddened by all the burned acreage on both sides of Interstate 45. Looking to the left and looking to the right was brown… more