Luxury Listing Specialist - Dominate High End Listings In Any Market
How To Thrive When Commissions Drop by 40% in 7 Years w/Kevin Foreman
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:30:17
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Sinopsis
According to Real Trends, the national average listing commission is 5.08%. In this episode, hear why Kevin Foreman believes the average listing commission will drop 40% down to 3.64% over the next 7 years. On this episode, Vice President and General Manager of the Enterprise Division at INRIX, Kevin Foreman shares his view on the future of the real estate industry. Don’t worry so much about commissions going down: the volume will go up. -Kevin Foreman Takeaways + Tactics Keep overhead costs down. There’s no need to pay for fancy offices- have your employees work from home. Stop worrying about commissions. While commissions may be dropping, lower prices attract more customers. We may make less commission per sale, but we’re bound to make more sales. Pay more attention to clients than the properties you’re selling. This helps build relationships long-term, and will serve you in the long run. At the start of this episode, we discussed the ‘Tinder’-type option afforded to home buyers. E