The math is right, but agree the estimated time to close a deal may vary.
The math is right, but agree the estimated time to close a deal may vary. Open houses are designed to cluster the showings back to back. And if the unit is priced right, and in a desirable location, it will probably take less than 9 showings to close the deal. Also, what side costs? Seems to me like the cost of marketing is near $0. A physical store front or location is not required, and other expenses like phone, internet access, metrocard are likely to be incurred whether there is deal flow or not. "(significant) downtime between clients" - Are you saying the agent should be compensated for the down time when not working? I'm not implying that agents are churning out deals every waking minute in the same way that an Uber driver probably doesn't have one customer after another. There is too much competition and too little inventory for that scenario to be realistic. But the time they are working, the amount earned is not proportionate to hours contributed. And I don't doubt that some top tier agents are bringing in 6 figure incomes. This business is a popular profession for part timers, moms, aspiring actors. My argument is that for the time they are working, its disproportionate to other occupations, because they earn a commission on a very high figure. Is there more 'work' or hours involved renting a 2 bedroom for 8k vs. a 1br for 4k? Seems to me like the process is identical. Working at the Apple Store is also a sales job. Why is there no commission then? Because the product sells itself. Manhattan apartments are in the same arena - the virtue of it being on the tiny island sells itself, if priced properly. Even the best salesman could never close the same deal if the identical unit were across the river in NJ.
Posted by rabbimarshak on Dec 17, 2014, 9:52 PM
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Raise real-world problems, find people facing the same issue, and discuss solutions.9,000 issues0 comments
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My biggest problem with batteries for grid outages is that the only outages I am actually concerned with would drain them to zero before ...
there are tons of TLDs that are cheap I'm not even sure what you are offering after reading this, but cloud is an even harder sell becau...
> One can't expect that every driver package submission from every vendor is thoroughly vetted every time, this is a matter of trust and ...
Too expensive for a worse vehicle than the Model Y (with incentives, it was a >$20K difference).
Starlink only has 10 Million customers, too expensive for most countries already.
The U7 Lite only does 2x2 MIMO.
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The math is right, but agree the estimated time to close a deal may vary.
The math is right, but agree the estimated time to close a deal may vary. Open houses are designed to cluster the showings back to back. And if the unit is priced right, and in a desirable location, it will probably take less than 9 showings to close the deal. Also, what side costs? Seems to me like the cost of marketing is near $0. A physical store front or location is not required, and other expenses like phone, internet access, metrocard are likely to be incurred whether there is deal flow or not. "(significant) downtime between clients" - Are you saying the agent should be compensated for the down time when not working? I'm not implying that agents are churning out deals every waking minute in the same way that an Uber driver probably doesn't have one customer after another. There is too much competition and too little inventory for that scenario to be realistic. But the time they are working, the amount earned is not proportionate to hours contributed. And I don't doubt that some top tier agents are bringing in 6 figure incomes. This business is a popular profession for part timers, moms, aspiring actors. My argument is that for the time they are working, its disproportionate to other occupations, because they earn a commission on a very high figure. Is there more 'work' or hours involved renting a 2 bedroom for 8k vs. a 1br for 4k? Seems to me like the process is identical. Working at the Apple Store is also a sales job. Why is there no commission then? Because the product sells itself. Manhattan apartments are in the same arena - the virtue of it being on the tiny island sells itself, if priced properly. Even the best salesman could never close the same deal if the identical unit were across the river in NJ.
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