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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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rupika malhotra

Real Estate Agents and the Internet - 0 views

klamfelmamno3.blogspot.in/2012_06_01_archive.html

Real Estate Agents and the Internet

shared by rupika malhotra on 19 Mar 13 - No Cached
  • rupika malhotra on 19 Mar 13
     
    most property searches start on the Internet. A quick keyword search on Google by location will likely get you thousands of results. If you spot a property of interest on a real estate web site, you can typically view photos online and maybe even take a virtual tour. You can then check other Web sites, such as the local county assessor, to get an idea of the property's value, see what the current owner paid for the property, check the real estate taxes, get census data, school information, and even check out what shops are within walking distance-all without leaving your house!
Wealth alliance Network and finance

Need Funding? - Let's Define NOI (NOI) - 0 views

The Net Operating Income (NOI) of a property is very simple to figure out. It is defined as follows: Potential Gross Income=the total amount of money a property could make -Vacancy and Credit Los...

started by Wealth alliance Network and finance on 16 Dec 11 no follow-up yet
herbaters

Demolition Contractors Utah - 1 views

You're a company any time you choose legal contract to set up a good putting together and also mount confident and also specialty items of one's work project. In any other case, a good company desi...

Demolition Utah Salt Lake City Contractors Building

started by herbaters on 28 Jun 15 no follow-up yet
Nicole Smith

Acquired Home Loans Services Cost Nothing - 1 views

That is right and you are reading it right. Their services cost nothing. N-O-T-H-I-N-G. Acquired Home Loans is remunerated by the lenders that they are affiliated with and are not paid a cent by th...

home loan adelaide

started by Nicole Smith on 02 Nov 11 no follow-up yet
yelpeliterevie47

Buy Yelp Reviews - Real, Legit, Genuine and Elite - 0 views

www.crunchbase.com/...buy-yelp-reviews-c38d

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shared by yelpeliterevie47 on 07 Jun 23 - No Cached
  • yelpeliterevie47 on 07 Jun 23
     
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