096 - How to Handle Commissions when the Seller Can’t Pay

 

There’s a conversation happening around whether your commission paid by the seller should be made illegal. Monte, Carey Ann and Jason discuss the repercussions to the industry should the laws change.

 

 

*****You can listen to this and all recent episodes at:

www.talkmusiccity.com

 

We Educate and Motivate All Things Real Estate!

 

Have a question about buying/selling real estate and mortgages?

 

Email questions@talkmusiccity.com or use #talkmusiccity to get your question answered!

 

The Talk of Music City Real Estate is sponsored by Music City Removal:

www.musiccityremoval.com

 

A few things that came up:

 

-DoJ looking to make seller-paid commissions illegal

-Getting used to this being a reality

-Agents need to be proactive, not reactive

-The Law of Reciprocity is true

-What's the worst-case scenario?

-Working for one dollar

-This came about because of a class-action lawsuit

-Setting expectations, establishing your value

-ESTABLISHING VALUE, AGENT VS. PRO

 

 

__________________________________________

 

Carey Ann Cyr manages and operates one of the Top Branches for CMG Financial in Franklin, TN. She and her team have become known for closing nearly impossible deals! They have processed over 300 million in mortgages since 2016 with over 613 families ushered into their dream homes!

 

Contact Carey Ann:

www.yourtnlendingsolution.com

 

Monte Mohr owns Realty One Group Music City and has sold over $1 Billion dollar's worth of real estate and over 3000 homes sold over his 30+ year career!

 

Interested in joining Monte as an agent?

www.topagentsuccess.com

 

The Talk of Music City Real Estate is Produced, Voiced and Edited by www.jimmccarthyvoiceovers.com