REAL ESTATE AGENT COMMISSION

[Logitek]

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you serious with that? im connected with one now and am planning to set up a new company some time jan-feb. you wanna join?

[epson]

you serious with that? im connected with one now and am planning to set up a new company some time jan-feb. you wanna join?

kinsa mn imong mga affiliated companices? okay ko mo join basta wala ly quota hehehe

[Logitek]

kinsa mn imong mga affiliated companices? okay ko mo join basta wala ly quota hehehe

no quota's for agents in this business. you set your own quota... you dont earn if you dont move anyway. hehe

with the company im connected with were affiliated with deca, ayala, commonwealth, aboitiz and some others... il get the complete list tom if you want

im setting my eyes on the ayala projects right now so havnt really looked into the others.

[graz]

pwede na cya pang-part time no?

[epson]

kinsay developer gani sa condominium to rise sa old eastwest bank lot in front of ayala kanang kilid sa overpass? ganahan ko ma agent ana puhon....

[LytSlpr]

if you are just an agent or even a broker but no firm you get a maximum of only 2.5-3% but there is a workaround this one if you already know the ins & outs of the industry.

...and for this workaround to be prevented by usually smaller projects or conservative developers, they only give a 1 time flat referral fee, take it or leave it kind of thing especially if they have a well developed project in a nice location, so they are confident that the project will sell by itself with the aid of advertising.

some smart buyers also prefer to purchase a property WITHOUT any agent or broker so that they can enjoy a cheaper or a much discounted purchase because there is no more add on for agent's or broker's commission. this is a definite win-win for the developer and buyer. the only "so called downside" to this though is if you are not familiar with the project thus the need for an agent or broker to research and disclose all that you need to know about the project.

but in my opinion, in this country, with or without an agent or broker, if there is a problem with the project or developer they can still get away with it anyway because the agent or broker "usually" will do anything to close the sale even without practicing full-disclosure. in short luto-on lang ang buyer sa iyang kaugalingon mantika mao na diri na mag sugod ang lalis, away ug kiniha-ay.

buyers on the other hand should also do their homework by making a research on the legitimacy of the project and its corresponding title at least at the Register of Deeds or Bureau of Lands and SHOULD NOT take the agent or broker's word for it because you have a conflict of interest man even if the agent or broker is your relative because some of these people ALSO do not do their homework because all they are after is stock inventory of properties to sell.

i am even puzzled why brokers and agents are selling projects which have questionable titles mostly high end projects. there is 1 in seaside project in talisay, 1 overlooking project in pardo, 1 overlooking project in labangon and 1 seaside project in mactan. i know for a fact that seasoned and veteran agents know this but they DO NOT TELL their potential buyers.

[dj_louie]

2.5% if u'r a new agent,..

[LytSlpr]

kinsay developer gani sa condominium to rise sa old eastwest bank lot in front of ayala kanang kilid sa overpass? ganahan ko ma agent ana puhon....

Filinvest na sir, Grand Cenia project na. I don't think they accept freelance agents coz if I am not mistaken in-house na ilang mga projects but they do give referral bonuses.

[trojanguy3]

thanks lysllpr

[che(k_afss]

usually it starts from 2.5% to 3% as your comm. naa mi sa maximum which is 3% pro I get overriding comm if akng agent mka close ug sale ky im a UM mn.mas dako ug for sale by owner bro ky 5% gyud na bsta naa ka authority to sell nya ni agree ang tag iya sa blay nga htag cla 5% if ikaw mka close sa sale thats what u call "non exclusive authority to sell" or the other way around. just a heads UP nindot ni pang part time same as what im doing ky call center ko nag work.