092 - Are You Prepared for Commission Compression?

In the Real Estate business, it’s always something. Here’s the next thing to watch and prepare for…

 

A recent Inman article sheds light on things to come with a phenomenon called “commission compression”: https://www.inman.com/2020/10/29/not-if-but-when-why-you-should-be-preparing-for-commission-compression-now/ 

 

Carey Ann, Monte and Jason talk about the various ways you can prepare and rise above commission compression. 

 

 

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A few things that came up:

-The iBuyer companies are back again and are causing commission compression

-Don't lower your price, raise your value

-Jason looks for a win/win/win scenario...win for the buyer, for the seller and for the agent

-Short sighted agents who won't give up $1000

-Jason: Stop fighting the iBuyer

-Setting the expectation

-MONTE: How to be a value to the client

 

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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