RECENT BLOG POSTS
SHORT VERSION:  I have a deal set to close this Thursday.  The lender e-mails me 2 days ago asking me for my SSID & my TID.  He claims that it is a condition for underwriting.  I ask him what he needs my personal information for and he claims that it's a new underwriting check through the LDP/GSA...
10/26/2009
I remember back when black planet first came out. I really just was not feeling it. Then I found college club and it opened up a whole new world to me. Whereas I used to go to the club on nightly basis to meet girls, I could just go online and set up a weeks worth of dates with just a few clicks ...
07/21/2009
Hello Active Rain.  Its been a minute since I have been on here.  We are researching new compensation structures and business models.  And we are interested in your feedback.  So how does this sound? $100 a month for 100% of the office commission.  Listed below is what you can expect for your $10...
05/31/2009
4 Comments
I deal a lot with properties in foreclosure, however I have never represented the seller.  Recently I was dealing with a property where the listing agent did nothing (NOTHING) (NOTHING!!!!) but put the property on the market.  Everything else, including paying several bills, was done by myself an...
09/01/2008
I have been looking at the different real estate company models. remax - pay a flat monthly fee, agent pays all expenses. keller williams - office profit sharing, agent pays expenses, 70% split. exit realty - retirement planning, agent pays expenses, 70% split. traditional brokerage - 50/50 split...
08/18/2008
  Once upon a time ago, you had to be able to afford a home before you bought it.  Creative financing was a tool used by investors to work their business.  When home-lookers went to purchases a property, they not only had to show that they could afford it, but they had to put money down.  Yet whe...
07/30/2008
1 Comments
Hello Active Rain, I recently posted a blog called "Battle Over Commission".  The responses that I found were quite intersting.  It is no secret that commissions are ''always negotiated,'' in compliance with Federal antitrust laws that prohibit price-fixing, however that does not mean that you ha...
07/30/2008
I believe in charity and giving back to the community, however real estate is my business.  That being said when in business you have to set a price for your product.  I know many realtors that will not show properties to their clients unless it offers 3%.  I do not feel that is representing my c...
07/26/2008
In the the glorious state of New Jersey "Price Fixing" is illegal.  You cannot force a company to have a set commission rate.  Now you are probably wondering why any company would accept anything less that 6% for their commission.  There are various reasons and I am not against any company that o...
07/25/2008
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Harry DaBroker

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