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Tim Smith

Mish's Global Economic Trend Analysis: The Changing Business of Real Estate (Part 1) - 0 views

globaleconomicanalysis.blogspot.com/...ess-of-real-estate-part-1.html

shared by Tim Smith on 13 Apr 07 - Cached
  • Like it or not (and the NAR doesn't like it one bit) the business of buying and selling a home is changing
  • Joe Fox said the percentages in Iggy's Facts come straight from the NAR. So if 64% of home buyers find a home without the help of an agent (24% online and the rest driving around neighborhoods or by other means),
  • BuySide Realty operates on the principle that people who find the home they want to buy should get paid for their effort. So BuySide actually shares with the buyer 75% of the commission
  • ...12 more annotations...
  • a $500,000 home with a 6% commission spit equally, BuySide Realty would return $11,250 to the buyer of the house. If the commission was split 4% to the buyer's agent (not uncommon in this market) BuySide Realty would return $15,000 to the new home buyer
  • BuySide keeps the other 25% for providing expert advice
  • Once you register you can print out a business card to hand to the agent at any open house you attend. BuySide will also arrange appointments on your behalf
  • BuySide agents are paid a regular salary as opposed to the commission based structure
  • distinguishing feature of the BuySide model is pre-approval not just pre-qualification. Before scheduling a private showing on any listing in their system, a buyers must be pre-approved. If someone can not afford a house they want to look at, it simply will not be shown
  • Currently BuySide is doing business in 5 states: Illinois, California, Florida, Virginia, and Georgia
    • Tim Smith
      Tim Smith on 13 Apr 07
       
      in another article as of april 5-07. buyside is ready to do business in washington state and texas. t.s. cbww
  • Buyside expands to all 50 states, that is going to result in a big dent in the pockets of real estate agents as buyers flock to take advantage of BuySide's significant improvement over the current business model
  • These changes will dramatically affect the current real estate commission structure and who benefits.
  • Joseph Fox, CEO of both BuySide Realty and its sister company IggysHouse
  • "In contrast, our model is based on service, customer satisfaction, and trust".
  • BuySide will be rolling out additional states soon and eventually plans to be in all 50 states.
  • Tomorrow we will take a look at the sell side of the equation from BuySide's sister organization known as Iggys. I will have some final thoughts at that time as well. Stay tuned.
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Andrew Dal

Armstrong Ceiling for my Kitchen - 1 views

I am looking for a suspended ceiling for my kitchen. Since the kitchen is always prone to oil and moisture, I wanted to have a kitchen ceiling that is easy to clean. At Building Materials UK they o...

kitchen ceiling Armstrong

started by Andrew Dal on 28 Feb 11 no follow-up yet
Rajat Kumar

Sector Awaits Booster Dose - 0 views

www.gurgaonproperties.net/...news.aspx

real estate news property in gurgaon

shared by Rajat Kumar on 02 Jun 14 - No Cached
  • Rajat Kumar on 02 Jun 14
     
    Once the government will form and get stable then the real estate industry will be improved eventually. Prices of the real estate industry will also get boost which automatically encourage buyers and investors to enter the market. With the establishment of new government economy is expected to grow as compared to the lethargic economy from past few months.
barrettpark11

https://www.sportcourtnortherncalifornia.com/ - 0 views

Northern California Backyard Sport Court Builder & Athletic Flooring, Backyard Basketball Courts, Indoor & Outdoor Surfacing & Construction Company, AllSport America, Bocce Court Design, Surfacing ...

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started by barrettpark11 on 18 Oct 18 no follow-up yet
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