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March 01, 2007

Sharon Simms Wins First Carnival of The Economics of Real Estate

Ss 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?

CLICK HERE FOR FULL STORY

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.

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Comments

Hurray Sharon!!

Thanks, Maureen!

Brian, thanks for putting on the Carnival - it elicited some very good posts. My subscription to Forbes is good through December, so I'd like to pass it on to another of the entrants - whichever one contacts you first requesting it. I'll hang on to the kudos, though.

Way to go Sharon you rock!

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