True or False On top of the “payout” commission listed on MLS, Sellers will sometimes dangle an extra incentive for Buyers’ agents. The most common (and straightforward) is simply a cash bonus, payable upon successful closing. How smart is that — and what situation(s) is that most effective? Read through the following three scenarios, and...Read More
“$2,000 bonus to Realtor at closing.” –Excerpt, “Agent Remarks” section of MLS listing Most Realtors (at least the ones I know) are bottom line-oriented. So, is “goosing” the payout offered to Buyers’ agents a good way to move a listing faster and/or for more money? In my experience, yes — up to a point. It’s...Read More
Is it Too Late to Bail Out Enron?? “Supreme Court Overturns Bush v. Gore”–Headline; The Onion (12/9/2008) Watching what’s going on in Washington and on Wall Street, the Enron guys must be turning over in their . . jail bunk beds. Consider the following: –The audited financial statements of AIG, Citigroup, Bear Stearns, etc. obscured...Read More
