Annette  Lawrence , Palm Harbor, FL 727-420-4041, Making FLORIDA Real Estate EZ  (ReMax Realtec Group)

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Rainmaker
1,544,255
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Real Estate

Yes saw this yesterday. Not sure how this model is going to work other than the clients referred are supposed to be vetted first by the company.

Optcity is doing the same thing.

May 01, 2019 05:43 AM
Rainmaker
777,140
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

First I've heard of this. If so, the industry is continuing to evolve

May 01, 2019 05:18 AM
Ambassador
3,356,925
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

It doesn't surprise me. The number of viable leads I get from Realtor.com is not enough to fret over it though.

I won't pay a referral fee for a lead that my listing garnered them to begin with. Ridiculous!

May 01, 2019 06:05 AM
Rainmaker
1,622,321
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Great question Annette Lawrence , Palm Harbor, FL 727-420-4041 and even though I'm retired I'm curious to see the answers.

May 01, 2019 05:35 AM
Rainmaker
3,135,270
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I believe this is in place already. I don't take calls from realtor.com.

May 01, 2019 05:20 AM
Ambassador
2,225,195
Wanda Kubat-Nerdin - Wanda Can!
Prado Real Estate South - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

No, have not heard of this Annette but if they call, I will be sure to negotiate the fee.

May 01, 2019 06:36 AM
Rainmaker
705,051
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

That's interesting..... at least in AZ, I can't pay them or anyone a referral fee unless they are a licensed broker and provide me with their W-9. Same with a relocation company.

So.... will Realtor.com become a licensed brokerage?

May 01, 2019 06:21 AM
Rainmaker
1,263,708
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

I have not heard this yet.

They all think the pie is overflowing!

May 01, 2019 05:37 AM
Rainmaker
1,247,742
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

That's good.  I would sign up for that!  Much better than paying for leads that never turn into anything.  35% is not much higher than the rate I've paid and been paid in the past...

May 01, 2019 01:34 PM
Ambassador
4,271,098
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Thats quite a fee for a questionable buyer lead.

May 01, 2019 12:44 PM
Rainmaker
3,021,935
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Most of the sites are switching, i have been called feverishly and still vetting their offers. 

May 01, 2019 07:35 AM
Rainmaker
4,492,613
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Annette,

Like Nina Hollander said, it is already in place.  And I have a feeling that like any RELO company, they will hound you to smithereens and follow up daily if not hourly.  A

May 01, 2019 07:28 AM
Rainmaker
1,219,447
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Thanks for the Q, Annette Lawrence , Palm Harbor, FL 727-420-4041 

I will read the A's here.

May 01, 2019 05:46 AM
Rainmaker
377,460
Susie Kay
Ultima Real Estate - Plano, TX
North Dallas Specialist

I have not heard.  Thanks for info.

May 01, 2019 11:37 AM
Rainmaker
511,934
AJ Heidmann ~ CRS
McEnearney Associates, Inc. - Alexandria, VA
YOUR Alexandria & Arlington, VA Real Estate Expert

Annette ~ It is in place, but I thought in only a few markets, with a national roll out to follow.  More money to them, as they see it with the Opcity acquisition, by keeping things in-house.

May 01, 2019 09:05 AM
Rainmaker
5,426,258
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I am not following this topic.

May 01, 2019 08:21 AM
Rainmaker
558,739
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

Because they want to suck dry a new crop of agents who'll accept this on the back end; being less agents pay to play on the front end. Exactly like OptCity, 35%. That's robbery. 

May 01, 2019 07:34 AM
Rainmaker
3,305,550
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

If it can be monetized, it will to your detriment!

May 01, 2019 07:12 AM
Ambassador
1,645,000
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I don't.

May 01, 2019 06:22 AM
Rainmaker
628,190
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Raleigh - Cary Triangle Real Estate 919-602-8489

Have not heard about this. Is it because enough agents aren't paying for leads? This industry is always changing and never boring.

May 02, 2019 03:10 PM
Rainmaker
690,631
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Others on our Team worry about this sort of thing.

May 02, 2019 12:16 PM
Rainmaker
2,800,501
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

I am not. Nor would I pay a 35% referral fee.

Not aware of the change. 

May 01, 2019 08:53 PM
Rainmaker
2,807,127
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Annette Lawrence , Palm Harbor, FL 727-420-4041 I heard about it.

May 01, 2019 03:29 PM
Ambassador
2,869,668
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

heard it a while back, but don't use them, never have.  Wouldn't even consider it after NAR sold the use of the domain.

May 01, 2019 02:43 PM
Rainmaker
632,008
Debra Leisek
Bay Realty,Inc Homer Alaska - Homer, AK

I'm with Debe Maxwell, CRS  on this... not paying them for a lead on my own listing that we give them free to make money on us. I just dont like this game

 

 

May 31, 2019 01:19 AM
Rainmaker
1,604,109
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

No, and don't like R.com

May 30, 2019 08:03 AM
Rainmaker
4,108,630
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Stopped advertising with R.com years ago.

May 16, 2019 03:18 PM
Rainmaker
3,205,356
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Someone told me that the other day!

May 05, 2019 09:56 AM