Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Is a Five to Six Percent Real Estate Commission Still Acceptable?

TORONTO, ONTARIO -- (Marketwire) -- 12/06/12 -- In some cases, it seems that paying a five or six percent overall commission might seem a bit steep, but it's important to consider all of the factors that drive these costs. Like any other business, there are costs associated with earnings.

Looking at a relatively new real estate agent, someone who's new to the industry and still learning the ropes, building their contact lists and networking can be very expensive. These real estate agents don't have any referral business coming in, they don't have a network in place and they need to start from scratch. So, like any other business, there are a lot of start-up (up-front) costs to take into consideration.

For example: having a web presence, mailing campaigns, ads, billboards, other local advertising techniques to try and drive awareness and conversion of leads to clients. Beyond their advertising methods, we also can't forget monthly fees including payment to their respective brokerage firms, companies and local real estate associations, ongoing education/certification, accounting, legal, insurance, etc. And, depending on the type of agreement that these REALTORs have with their respective brokerage firms, they'll also have to cough up a percentage of their commission every time they close a sale.

But, as a consumer, should you be paying higher commissions so that real estate agents can build their business?

"It comes down to what's right for the home buyer and home seller, what their needs are and what services they are looking for", says Andrew Brest, co-founder of Sundaybell Inc. (www.sundaybell.com), a free service focused on introducing and building relationships between consumers and real estate agents. "A fair commission is something that should be determined between the parties having the discussion, the services required, market dynamics, and other factors in play and not what is considered to be an industry standard", adds Brest. "I think it's up to the real estate agents to find more cost effective methods of acquiring new business so that each individual client can be looked at independently and commissions can be negotiated based on their particular situation, rather than industry expectations. Not to say that the average commission isn't right, but if a client isn't looking for all the bells and whistles, or if homes in a particular area are selling within a few days, then in my opinion, there might be an opportunity to discuss commissions and work together on a rate that both parties feel is fair for the services being requested".

For more established real estate agents, the initial costs of building their networks have likely been absorbed over the years, but there are still maintenance costs to consider. Team members, fees, additional office space and other costs associated with running and growing a business. "As there might not be as much 'start-up' equity required, the ongoing maintenance of running a business has to be taken into consideration and it still boils down to each individual situation", says Brest.

The average real estate agent, based on reported numbers according to the National Association of REALTORs (NAR) and the Canadian Real Estate Association (CREA) is in the range of $25,000-$50,000. Top agents likely earn more, but it's a bi-product of experience, networks and ongoing commitment to the real estate industry.

If you'd like further information about this topic, please contact Andrew Brest at 905-978-2995 or email him at andrew@sundaybell.com.

Contacts:
Sundaybell Inc.
Andrew Brest
905-978-2995
andrew@sundaybell.com
www.sundaybell.com

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Cloud Developer Stories
ScriptRock makes GuardRail, a DevOps-ready platform for configuration monitoring. Realizing we were spending way too much time digging up, cataloguing, and tracking machine configurations, we began writing our own scripts and tools to handle what is normally an enormous chore...
SYS-CON Events announced today that Cloudian, Inc., the leading provider of hybrid cloud storage solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Cloudian, Inc., is a Foster ...
SYS-CON Media announced today that Sematext launched a popular blog feed on DevOps Journal with over 6,000 story reads over the weekend. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. DevOps Journal brings valuable information t...
Leysin American School is an exclusive, private boarding school located in Leysin, Switzerland. Leysin selected an OpenStack-powered, private cloud as a service to manage multiple applications and provide development environments for students across the institution. Seeking to m...
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstrea...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE