Sharon Simms Wins First Carnival of The Economics of Real Estate
Sharon Simms, an associate broker with RE/MAX Metro in St. Petersburg Florida, won the inaugural Carnival of Real Estate Economics with this entry:
Ask not "How Much Will You Pay Me?"
Not enough agents treat their real estate careers as a business. When they interview with a real estate company, they ask what share of the commission they will get: is it 50%, 70%, 95%? What is included, what are you going to do for me?
That's the question asked by an employee, not a business owner. You're an Independent Contractor. That means you're in Business, even if it's a business of one. You ARE a business.
Turn the % around - what are you paying the real estate company? 50%, 30%, 5%? What are you getting for that money?
Sharon takes home a subscription to Forbes and the praise of America's Most Opinionated Mortgage Broker! All of the outstanding entries can be seen here with a star next to them.
