is/was anyone here a REAL ESTATE agent or broker? - GoFuckYourself.com

goBigtime · 05-31-2003, 10:28 PM

Well were ya?

Gutterboy · 05-31-2003, 10:28 PM

the Shemp · 05-31-2003, 10:29 PM

i went to a Tom Vu seminar

mrthumbs · 05-31-2003, 10:30 PM

Quote:

Originally posted by the Shemp
i went to a Tom Vu seminar

i love tom vu

the Shemp · 05-31-2003, 11:19 PM

Quote:

Originally posted by mrthumbs

i love tom vu

ya, and my mentor Carleton Sheets
"no money down"

4Pics · 05-31-2003, 11:41 PM

Quote:

Originally posted by goBigtime
Well were ya?

What do you need to know?

Choker · 05-31-2003, 11:43 PM

My Florida real estate license expired a few years ago.

goBigtime · 05-31-2003, 11:52 PM

How does realtor.com charge agents to list properties in the MLS?

Is it a flat rate? Or a % of the propery list price (or sale price?) or what?

goBigtime · 06-01-2003, 01:46 AM

nobody knows?

Zayne E. · 06-01-2003, 05:48 AM

I was a licensed Realtor WAYYYYYYYY back in the early 90's...before all this Internet thang was happening.

I am not 100% certain on the answer to your question but keep in mind that being licensed to list and sell real estate is *not* the same as being a Realtor. "Realtor" is a brand name...it's an association...a "club," if you will. To "have the honor" of carrying the "Realtor" designation, you have to join the club...there's membership fees and dues.

I *believe* this is how the MLS is funded. Unless realtor.com has changed the way the National Association of Realtors does business, those dues completely fund the MLS. An agency's broker *may* have to pay a percentage of transactions to continue to fund the MLS but that's not an expense for the agent...or at least it didn't used to be.

I really don't remember if there were monthly dues for agents...I know there was a fee to join the NAR and annual dues. I just can't recall there being any ongoing NAR fees to agents besides the annual. And remember that having a real estate license does not give you the right to go out and list and sell real estate...you can only do it by "hanging your license" with a licensed Broker. Technically, all actions an agent takes are on behalf of his Broker, not him/herself. And, likewise, the Broker has additional expenses that the agent will not see or pay into unless they are in a 100% office like a Re/Max where agents pay for "desk space" and keep 100% of the commissions instead of splitting (usually 50/50) with their broker.

I think I said way too much considering I don't have the answer to your question, specifically

Choker · 06-01-2003, 08:27 AM

Each Realtor who uses the MLS system has to pay like $100 tp $200 a month fee, and every property he lists he has to pay like $25 to list it in MLS. It can be a very heavy expense if you list a lot of properties. MLS really sucks insofar as it is really a monopoly in that industry. You either use it or you don't make a living as a realtor.

foe · 06-01-2003, 08:32 AM

Do you have a link to the mls site?

Choker · 06-01-2003, 08:36 AM

If you are wanting to sell your property, not use a realtor and still get it in mls, you are wasting your time. If it's in the MLS you would still have to offer 3% or better to the selling agent to sell it , else no agents would ever show it. There are discount brokers who will list it , put it in MLS and that's about all for a reduced fee of like 4.5%. They take 1.5% and pay the selling agent like 3%

05-31-2003, 10:28 PM	#1
goBigtime Confirmed User Join Date: Nov 2002 Posts: 7,761	is/was anyone here a REAL ESTATE agent or broker? Well were ya?

05-31-2003, 10:28 PM	#2
Gutterboy So Fucking Banned Join Date: Jul 2002 Location: Dis Posts: 4,751	No

05-31-2003, 10:29 PM	#3
the Shemp congrats to the winners Industry Role: Join Date: Nov 2001 Location: Echo Beach Posts: 10,891	i went to a Tom Vu seminar __________________ i use Vacares...so should you Submit your picture galleries to my site...Outlaw TGP

05-31-2003, 11:43 PM	#7
Choker Confirmed User Industry Role: Join Date: Apr 2001 Location: Orlando Posts: 9,024	My Florida real estate license expired a few years ago. __________________ ICQ me lets make a deal 116894466 Need dating, cam, or tube traffic? I got it.http://http://www.chokertraffic.com The Original http://www.chokertraffic.com/ Premium country pop-unders from $1.50 per k. I challenge you to compare this traffic to any other brokers. http://www.chokertraffic.com/public/tabs.php?t=o

06-01-2003, 08:27 AM	#11
Choker Confirmed User Industry Role: Join Date: Apr 2001 Location: Orlando Posts: 9,024	Each Realtor who uses the MLS system has to pay like $100 tp $200 a month fee, and every property he lists he has to pay like $25 to list it in MLS. It can be a very heavy expense if you list a lot of properties. MLS really sucks insofar as it is really a monopoly in that industry. You either use it or you don't make a living as a realtor. __________________ ICQ me lets make a deal 116894466 Need dating, cam, or tube traffic? I got it.http://http://www.chokertraffic.com The Original http://www.chokertraffic.com/ Premium country pop-unders from $1.50 per k. I challenge you to compare this traffic to any other brokers. http://www.chokertraffic.com/public/tabs.php?t=o

05-31-2003, 11:52 PM	#8
goBigtime Confirmed User Join Date: Nov 2002 Posts: 7,761	How does realtor.com charge agents to list properties in the MLS? Is it a flat rate? Or a % of the propery list price (or sale price?) or what?

06-01-2003, 01:46 AM	#9
goBigtime Confirmed User Join Date: Nov 2002 Posts: 7,761	nobody knows?

06-01-2003, 05:48 AM	#10
Zayne E. Confirmed User Industry Role: Join Date: Apr 2002 Posts: 1,383	I was a licensed Realtor WAYYYYYYYY back in the early 90's...before all this Internet thang was happening. I am not 100% certain on the answer to your question but keep in mind that being licensed to list and sell real estate is not the same as being a Realtor. "Realtor" is a brand name...it's an association...a "club," if you will. To "have the honor" of carrying the "Realtor" designation, you have to join the club...there's membership fees and dues. I believe this is how the MLS is funded. Unless realtor.com has changed the way the National Association of Realtors does business, those dues completely fund the MLS. An agency's broker may have to pay a percentage of transactions to continue to fund the MLS but that's not an expense for the agent...or at least it didn't used to be. I really don't remember if there were monthly dues for agents...I know there was a fee to join the NAR and annual dues. I just can't recall there being any ongoing NAR fees to agents besides the annual. And remember that having a real estate license does not give you the right to go out and list and sell real estate...you can only do it by "hanging your license" with a licensed Broker. Technically, all actions an agent takes are on behalf of his Broker, not him/herself. And, likewise, the Broker has additional expenses that the agent will not see or pay into unless they are in a 100% office like a Re/Max where agents pay for "desk space" and keep 100% of the commissions instead of splitting (usually 50/50) with their broker. I think I said way too much considering I don't have the answer to your question, specifically

06-01-2003, 08:32 AM	#12
foe Confirmed User Join Date: May 2002 Location: CT Posts: 5,246	Do you have a link to the mls site?

06-01-2003, 08:36 AM	#13
Choker Confirmed User Industry Role: Join Date: Apr 2001 Location: Orlando Posts: 9,024	If you are wanting to sell your property, not use a realtor and still get it in mls, you are wasting your time. If it's in the MLS you would still have to offer 3% or better to the selling agent to sell it , else no agents would ever show it. There are discount brokers who will list it , put it in MLS and that's about all for a reduced fee of like 4.5%. They take 1.5% and pay the selling agent like 3% __________________ ICQ me lets make a deal 116894466 Need dating, cam, or tube traffic? I got it.http://http://www.chokertraffic.com The Original http://www.chokertraffic.com/ Premium country pop-unders from $1.50 per k. I challenge you to compare this traffic to any other brokers. http://www.chokertraffic.com/public/tabs.php?t=o