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?
HouseValues is having problems March 10, 2007
John Vanhara
Instead of telling homeowners how much their homes are worth, the market is letting HouseValues (Nasdaq: SOLD) know how much it thinks the company is worth.
The answer? Not much. Less than twice the value of the cash on its balance sheet, and it could get worse. Last night’s fourth-quarter report showed a continuing slide in the company’s Realtor lead generating model. Revenue fell by 15% to $21.5 million, as real estate professionals bailed out of the HouseValues.com site, and those who stuck around spent less.
Read the whole story from MSNBC here. My opinion? If HouseValues business model works agents will be paying even more now when the market is very difficult. All agents need more business. If housevalues bring business to agents then they will be earning more and didn’t have problems. That’s my guess. I don’t their leads generation model is working. Their concept is flawed. They could be making 10x times more than they do if they take referral fees instead of upfront fees.
How to franchise your real estate company September 12, 2006
John Vanhara
We can help you with all legal paperwork and franchising your business. If you have successful real estate company and would like to franchise it please talk to us. We are interested in partnership situation and in certain situations we can cover all legal expenses to get you going.
You get a chance to run your own real estate franchise with minimum start up cost. For more information visit our site.
Business opportunity for real estate agents
John Vanhara
Here is a business opportunity for real estate agents in basically any medium size or major city in the U.S.A. I run very successful incorporation business in Nevada and one of the services we offer is virtual office program.
If you work in commercial real estate and would like to work with us please let us know. We are looking for agents/brokers who know their market. Our goal is to purchase real estate office building (3,000-10,000 sq. feet) and offer virtual office program in other cities.
Your role will be help with real estate acquisition and later leasing of the premises. We are talking about great commissions here!!! Please contact John at info@eastbiz.com
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