Saying that if the sellers aren't offering my minimum commission "it'll just be added to the settlement statement" is complete and utter garbage. It's misleading at the very least and glosses over the fact that the buyer will be paying it. It's horrible advice if you want repeat and referral business. This is why people hate real estate agents! Most importantly, it's not even the best advice there is! The best way to present this is to say that you really don't want the buyer to pay the commission. When it's written into the buyer agency agreement that the buyer has to pay you if the seller doesn't, the buyer's agent can negotiate on the buyer's behalf for the seller to pay it. That's the best way to approach that.
I absolutely HATE the sneaky "explanation" that the difference in commission will simply be added to the settlement statement. Extremely misleading. Her package as a whole is incredible but this little ditty is very disappointing.
One of the best videos i have watched recently Thanks to Tom Ferry you continuously inspire us all and Kristi Thanks so much for sharing these information, And these are like i have to play over again and again to get perfection
Don't buy a house until they become reasonably priced. Ugly, outdated overpriced dumps. Btw, commission changes are coming. The whole system is flawed. And sales pep talks make you look like used car sales men.
If you're a coaching client of ours you can log into illum for the slides! the rest of the webinar can be found under this playlist here: th-cam.com/play/PLlnz4BpiHqRFqsolL4UpwMTTHh9RiXiDH.html
Good old LPMAMA 👏🏾
Location
Price
Motifvation
Agent
Mortgage
Appointment
The whole “it will be added to the settlement statement.” Doesn’t even get close to explaining it so the buyer knows what’s happening. 🤦🏽♂️
Saying that if the sellers aren't offering my minimum commission "it'll just be added to the settlement statement" is complete and utter garbage. It's misleading at the very least and glosses over the fact that the buyer will be paying it. It's horrible advice if you want repeat and referral business. This is why people hate real estate agents! Most importantly, it's not even the best advice there is! The best way to present this is to say that you really don't want the buyer to pay the commission. When it's written into the buyer agency agreement that the buyer has to pay you if the seller doesn't, the buyer's agent can negotiate on the buyer's behalf for the seller to pay it. That's the best way to approach that.
I absolutely HATE the sneaky "explanation" that the difference in commission will simply be added to the settlement statement. Extremely misleading. Her package as a whole is incredible but this little ditty is very disappointing.
One of the best videos i have watched recently Thanks to Tom Ferry you continuously inspire us all and Kristi Thanks so much for sharing these information, And these are like i have to play over again and again to get perfection
Wow, thank you!
I've been looking for this presentation for a year! THANK YOU!! Well Done!
You're very welcome!
we should all lobby the courts. they have just made our job twice as difficult - we had it all wrapped up.
So she is getting a buyer broker agreement signed?
No reason to be mad. Get a listing and you can set your own commission or like you said negotiate with your buyer.
Don't buy a house until they become reasonably priced. Ugly, outdated overpriced dumps. Btw, commission changes are coming. The whole system is flawed. And sales pep talks make you look like used car sales men.
love it
Can you share a printable version of the 90 ways we serve you?
Tom I love you always bring a value to us.🙏
Totally agree with you.!Thank you
This is great info! So very helpful! Thank you for sharing and explaining at a deeper level. Appreciate you all!
You're very welcome!
Best Video! Thank You Tom…. Please more like this video 🔥 🔥 🔥
There's a whole playlist full of these here: th-cam.com/play/PLlnz4BpiHqRFqsolL4UpwMTTHh9RiXiDH.html
And I appreciate you Tom! You are such an asset to all us Realtors... well the ones that pay attention 😂 much ❤ for you!
really appreciate viewers like you, Phoebe! Thank you!
@TomFerry oh Tom... you know how to make a Realtor have a Fan Girl moment over here responding to me :)
Great training session! May I have the link for the resources?
If you're a coaching client of ours you can log into illum for the slides! the rest of the webinar can be found under this playlist here: th-cam.com/play/PLlnz4BpiHqRFqsolL4UpwMTTHh9RiXiDH.html
illum? TF Training tool??
The slides to this are inside of illum!
This is amazing! 🎉
My exact words! I feel so empowered 😁
Great show
You can check out more of the segmments of this webinar under the new playlist on my channel called Starting BIG: 2024!