What makes a broker deserve 3% on an exclusive listing
Started by mogul
over 18 years ago
Posts: 15
Member since: Dec 2007
Discussion about
Once a broker has an exclusive listing what can the selller expect? What extra will a broker do to create traffic to your house/condo. You have your usual gimmics like open houses, listing in the Broker system and the NY Times, Street Easy, etc. To me, now it's up to the Buyer's Broker to contact the exclusive broker. I mean, the exclusive/sellers broker dont do anything else, right? They just wait for people to contact him. To me, a broker with an exclusive don't deserve 3%. I would love to hear from brokers to tell me otherwise.
Your clueless post answers your own question, dimwit. Mogul? ahaahahahahaaa, couldnt have picked a less applicable pseudonym. How about WannaBeMarketingMaven, fits much better.
You really think brokers are going to waste their precious time on here educating you?
Well it looks like I got my first Broker to speak. In fact one that is not fairing that well with listings. Maybe you should work on the people skills,... but then in your case I can tell you're not that good as a Broker.
If you have a difficult co-op board, a broker who knows how to vet buyers and manage the board process can add value. Also if you have a building which has some kind of issue (land lease, high maint, high downpayment, strange house rules etc) a broker who is experienced in selling in that building will be able to handle some of the standard objections in a more poised fashion.
We are looking a building with a buyers flip tax, and have heard the listing broker give a semiplausible defense of it...3 times in a row and the speech was exactly the same. Clearly practiced, thought out, and effective. (The speech was various other folks not just us)
Brokers' "precious time," indeed -- so much better spent at a tanning salon or aimlessly driving around in their leased Lexus, seething with self-hatred.