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Did you hear about NAR settlement? Now buyers agents have it even harder! 

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Is it hard for residential agents to sell a home in the state of NC? In North Carolina, the average real estate commission for selling a house typically ranges between 5% and 6% of the home's sale price. This commission is usually split between the seller's agent and the buyer's agent, with each receiving around 2.5% to 3%. However, commission rates can sometimes be negotiable depending on the real estate agent, market conditions, and specific details of the transaction.

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If the house is sold for $350,000 in North Carolina, and the real estate commission is 5% to 6%, the total commission would be:

- At 5%: $350,000 × 0.05 = $17,500

- At 6%: $350,000 × 0.06 = $21,000

This amount is typically split between the seller's agent and the buyer's agent. For example, if the commission is 6%, each agent might receive $10,500 if the commission is divided evenly.

1. Finding and maintaining leads: Consistently generating new clients and managing relationships with past clients can be challenging and time-consuming.

2. Market competition: With many agents vying for the same listings and buyers, it can be tough to stand out, especially in a saturated market.

3. Inconsistent income: Real estate sales can be unpredictable, with income fluctuating based on market conditions and the number of successful transactions.

4. Dealing with difficult clients: Some clients may have unrealistic expectations about pricing, timelines, or the buying/selling process, leading to stress.

5. Time management: Balancing showings, client meetings, paperwork, and personal time is often difficult, particularly when working evenings and weekends.

6. Complex transactions: Managing negotiations, inspections, and closing procedures can be intricate and involve lots of coordination with multiple parties.

7. Changing market conditions: Economic fluctuations, interest rates, and housing demand can all impact an agent’s ability to sell homes quickly and at desired prices.

8. Technology adoption: Some agents may find it challenging to keep up with new tech tools for marketing, client communication, and transaction management.

9. High expenses: Marketing, licensing, continuing education, and other costs can eat into an agent’s commission, especially during slow periods.

These factors make the job both rewarding and stressful.

THE REAL ESTATE AGENT CAN HELP THE BUYER WITH THIS SOFTWARE TO PAYOFF IN 1/2 TIME!

https://www.moneymaxaccount.com/blt/videos (demo) 

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Having debt is NOT a requirement to be an agent! You must be driven and self motivated.

Link for someone who wants to be a UFF agent: $149 to start and no other fees.  Unlimited income. 

We also have a new program REFERRALS ONLY - no cost to start and make $300 per sale! 

https://www.uffopportunity.com/blt

Talk to you soon!


This article was published on 27.09.2024 by Barbara Thompson
Author's business opportunity:

UFF - financial, 100 USD to join
$149.00 USA ONLY DIY payoff all debt in half the term using algorithm and math.
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