A company has to be in balance —
commission dollars paid out, percentage of revenue dollars retained, expenses for the things you need to offer.
For those who find this concept difficult to enact when
potential commission dollars are on the line, the real estate brokerage business does not need your services... to yourself.
That's because portfolio turnover increases the amount of taxes that must be paid on capital gains and boosts the total amount
of commission dollars that must be paid in a given year.
I have debated the privacy issue now for over a decade and ORE still does not get it or if they do the greed
for commission dollars remains too strong.
Higher splits mean
fewer commission dollars to the brokerage, further weakening the bottom line of companies that have just made a big technology outlay.
In an email, Zaharko admitted to Sterns that «we did obviously
use commission dollars to keep going» but that «we didn't take it and pay ourselves a nice large dividend».
Again, I refer to the REM Alberta recent story where the broker explained how he contributed his own money to keep the brokerage afloat as best as possible, and ultimately felt compelled to use Gross Income (
containing commission dollars owed to the agents and possibly co-brokes) to support the business, in the end to have it bite him.
By utilizing text message lead generation on your listings not only do you put yourself in a position where the big portal can not compete, but you give yourself the opportunity to earn the
max commission dollars from the leads you receive.
If you've suffered from lazy agents who only
see commission dollars and try their best to sell you anything they can, as fast as they can, it's time to work with me.
Leverage their experience and knowledge to hack the inbound lead generation and lead conversion process for higher profit margins and
more commission dollars.
That was a stratagem that fell on deaf ears because you actually had to spend real dollars (rather than
commission dollars), and you had to spend time out of the office.
We provide them with a lot of online tools, and they have the opportunity to get 100 percent of
their commission dollars, so they will have the funds to promote themselves and their clients.
We've forgotten that
all commission dollars — no matter how big or small — add up.
I hope also these same Realtors also come to the realization that they do provide value and giving
any their commission dollars hurts not only them, but also the longterm viability of our industry.
Don't worry the loss of 36 % of
your commission dollars in Calgary is not real.
Not to mention billion - dollar companies like Zillow that are now taking part of
the commission dollar.
I totally agree with Vito and believe we need to be the ones providing the enhanced consumer experience, we need to be the ones who «earn»
our commission dollars, we need to stop letting third party companies and new business models take business away from us and we do this by embracing the fact that MLS.ca gives us the ability to show our clients how much more «we» can do for them in our environment / website.
or — God forbid — «Just what the heck are you doing for all
those commission dollars I'm paying you?»
Over the past 10 years, brokers have given more and more of
the commission dollars to the Realtors in order to recruit and retain them, thus totally eroding company profitability.