Comments on: Good idea… http://blog.redfin.com/blog/2006/03/good_idea.html Redfin Corporate Blog Sun, 22 Nov 2009 20:09:04 -0800 http://wordpress.org/?v=2.8.1 hourly 1 By: Carlsbad Jim http://blog.redfin.com/blog/2006/03/good_idea.html/comment-page-1#comment-46 Carlsbad Jim Sat, 01 Apr 2006 21:07:02 +0000 http://devblog.redfin.com/blog/2006/03/good_idea.html#comment-46 I like the idea of increasing commissions and incentives - I'm happy to earn my way, and be rewarded when I provide exceptional service. But let's be clear. The commission gimmicks and web gadgets are beneficial and will help stimulate the market place, I'm all for that. But unless you have great salespeople - the ones that know how to put a deal together - you won't have many, if any sales. When the market gets tough, it's too easy to stay on the fence, as a buyer or seller. You think it's going to be better tomorrow. Only a great salesperson can turn 'tomorrows' into 'todays'. I like the idea of increasing commissions and incentives – I’m happy to earn my way, and be rewarded when I provide exceptional service.

But let’s be clear.

The commission gimmicks and web gadgets are beneficial and will help stimulate the market place, I’m all for that.

But unless you have great salespeople – the ones that know how to put a deal together – you won’t have many, if any sales.

When the market gets tough, it’s too easy to stay on the fence, as a buyer or seller. You think it’s going to be better tomorrow.

Only a great salesperson can turn ‘tomorrows’ into ‘todays’.

]]> By: Kent http://blog.redfin.com/blog/2006/03/good_idea.html/comment-page-1#comment-45 Kent Thu, 09 Mar 2006 05:49:47 +0000 http://devblog.redfin.com/blog/2006/03/good_idea.html#comment-45 Using the waiter analogy, the agent should get an additional fee if the buyer feels the service was deserving, not if the home sells above a certain price. The opposite should apply as well, which means if the agent provides poor service, they should get a reduced fee, despite the sales price. In addition, a home price is usually outside of the realtor's hands. If the market is on fire, similar to the Southern CA market during 2003, then an agent could do nothing but put a sign in the yard and the house would have multiple bids within the first 24 hours. Do they really deserve more fees at that point? I'm not sure I understand about the charges for an online listing service. Is this for agents only? Regardless, values are arbitrary no matter what third party you use. Two appraisers can value the same house independently and walk away with two different, but correct values. I would have to know more about the service you're wishing to charge for to recommend a pricing index based on service. Using the waiter analogy, the agent should get an additional fee if the buyer feels the service was deserving, not if the home sells above a certain price. The opposite should apply as well, which means if the agent provides poor service, they should get a reduced fee, despite the sales price.

In addition, a home price is usually outside of the realtor’s hands. If the market is on fire, similar to the Southern CA market during 2003, then an agent could do nothing but put a sign in the yard and the house would have multiple bids within the first 24 hours. Do they really deserve more fees at that point?

I’m not sure I understand about the charges for an online listing service. Is this for agents only? Regardless, values are arbitrary no matter what third party you use. Two appraisers can value the same house independently and walk away with two different, but correct values. I would have to know more about the service you’re wishing to charge for to recommend a pricing index based on service.

]]> By: Jorge Orellana http://blog.redfin.com/blog/2006/03/good_idea.html/comment-page-1#comment-44 Jorge Orellana Thu, 09 Mar 2006 04:32:52 +0000 http://devblog.redfin.com/blog/2006/03/good_idea.html#comment-44 very interesting post... I'm reading yours posts . I wrote in spanish please help me . my webblog is the first in Spanish . very interesting post…

I’m reading yours posts . I wrote in spanish please help me . my webblog is the first in Spanish .

]]> By: Double Aces http://blog.redfin.com/blog/2006/03/good_idea.html/comment-page-1#comment-43 Double Aces Thu, 09 Mar 2006 02:23:55 +0000 http://devblog.redfin.com/blog/2006/03/good_idea.html#comment-43 Whats the current timeframe to move redfin data to other areas? That's probably the most important topic of anyone visiting your site... Whats the current timeframe to move redfin data to other areas? That’s probably the most important topic of anyone visiting your site…

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