Realtor “Loss Leaders” First of all, how can professionals who are paid via commission have such a thing as “non-billable hours?” Don’t you have to be a lawyer (I was), CPA (ditto, a long time ago), financial advisor, etc. for that to apply? Technically, yes. But what I mean by “non-billable hours” for Realtors is...Read More
Webster’s for Realtors OK, so they may sound like snowboarding manuevers. To Realtors, however, “commission splits” and “cross-over points” are two of the most important terms in the industry. So, what are they? A Realtor’s commission split is how much of each paycheck they share with their broker. Depending on the Broker and the individual Realtor’s arrangement, Realtors can...Read More
Realtor Payday Roller Coaster December, January, and February may be the rainy season in Florida, but it’s very definitely the dry season for Realtors. Especially Minnesota Realtors. That’s because from Thanksgiving through the Super Bowl is typically the slowest (chilliest?) time of the year for the local housing market. Because most transactions (at least in Minnesota) close six...Read More
