Looking for local partner in Memphis, Tennessee to start real estate brokerage April 1, 2007
John Vanhara
I am looking for local partner in Memphis, Tennessee to start real estate brokerage. Broker license is required. I can offer total back office support (office space, Internet, hi-tech phone system, lead generation, websites & experience). I am planning to open branch office in Memphis for my other company and would like to attach real estate brokerage to the list of services. Please contact me with your qualifications & experience. This is not an employment, but rather business opportunity. info@eastbiz.com
Flat fee listing with upfront fee - the best business model for current times
John Vanhara
Agents always wanted listings. Listings always meant almost sure made money in hot markets. You just enter the house for sale in MLS, put for sale house in front yard and wait couple of weeks to get offers. Yes, it worked like that , but times changed.
It is quite easy to get listings, but it is very hard to sell them. You can wait year or longer to get the house sold. You will be spending money for advertising and trying to explain to seller that you are doing good service (which will be very hard).
What is probably the best business model for current difficult times? Flat fee listing with small, but upfront fee. For example charging upfront $399 and just doing contract and entering the house in MLS. You get money upfront. As an agent you don’t have to worry if the house is sold in a week or a year. You made your money on the volume. What do you think?
