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If you could give me more information on what exactly you are looking for as far as a partnership I could assist you more. Feel free to email me

I can give you the basics, sure. Keller Williams is based on the principle of sharing with their agents. Each office is independently owned and operated, usually by other agents. But they remain behind the scenes and you wouldn't know that they owned the branch. The idea of profit sharing is rewarding agents for growing the company and they call it a downline. I had an agent introduce me to Keller Williams, when I joined I put him down as my sponsor (the person who gave you information or put you in contact with the team leader etc). The commission splits are different everywhere but say it is 60/40...the sponsor gets a percentage of the profit of the office if the office is profitable that month, so my sponsor has a vested interest in whether I succeed. The share is divided in this very convoluted way and it is not 40%...because there are some other things that get paid with that but it is a portion of it. When I bring someone on and they make a sale and the office sees a profit that month, not only do I get a portion of the profit but so does my sponsor and it goes down a line.

I hope that heps, I am not sure how well I explained it. If you have any questions please feel free to ask.

I do work at Keller Williams, the nice thing about profit sharing at KW is that you don't have to participate if you choose not not. I plan on taking advantage of profit sharing because it is easy money. I agree with you that the atmosphere and people at KW are unique. That is why I chose to work for this company even though I interviewed a few others. Their belief system and priorities are wonderful.

I agree that those are good things to know and I too think it is a realtors job to tell you what the local buzz is...I had asked originally what information the previous poster wanted to know...sometimes, like in any job, you don't remember everything as much as you try to and so as an investor you have to ask questions. My issue and what I was saying was unreasonable was being able to tell a person what their house or property would be valued at a year from now...that was the unrealistic part. I think that what you mentioned is perfectly reasonable and I too would expect that but if your realtor isn't giving you the guidance you are looking for SAY SOMETHING!!!! Don't just play follow the leader. Be an educated investor and ask questions. 8)

yes, I can tell you some those things...that doesn't mean that I can tell you what the value of your property will be in a year from the day you purchased it, good or bad. It doesn't work like that. I also can't tell you unless planned, in the works, or zoned already what new developments/zoning regulations/highway bypasses etc will be coming through, there is a limit to the information, I can say "it looks like..."

1) I said I could give you the history of the market trend in the area but that may mean absolutely nothing (ex Hilton Head)...
2) Unless it is a big name developer how would I know what their track record is, plus some developers do crappy work and then apply for bankruptcy and reapply under a different name...
3) Zoning issues can change like the wind and just because there is zoning x here and now doesn't mean that it will stay that way, yes we should know that something is before the zoning board now, but we have no way of knowing if something new will come in 3 months from now or even in one month from now.

Then please tell me what information/education should I base this foresight on? Unless I can see into the future how am I supposed to know what will happen? You are asking something of a real estate agent that is, in my opinion, unreasonable. I am very good at my job but no education or information or even experience would be able to tell me whether the bottom will fall out of a market or if a planned development in the area will go bankrupt, or that the zoning laws will change so it makes the property less valuable 9 months after you buy it...

I appreciate your opinion but how can anyone know how the market will be in a year from now?! I can make a guess, but it would be just that. I can tell you what the history of that area has been like but I CANNOT tell you what it will be like! A good example of this is Hilton Head, NC...for the last 5 years prices of houses have increased 12-15% a year...until last year, when they only increased by 6% and sales dropped by 40%...no one saw that coming! The real estate market is based on a lot of things and there are many things that are unpredictable about it... You may find a realtor who will tell you that information but they will be either lying or just flat out guessing...I would prefer as a home buyer someone tell me they can't give me that answer than someone who is going to lie to me to get my business...but maybe that is just me. As I said, as a real estate agent I can offer you how much of a return on your investment a specific property will bring based on current market data. When you receive a CMA (market analysis) you should be able to tell, whether you are a professional or not whether a property is a "good price" for a specific house. I agree that if you want information about rent for a property, that should be made available.

I don't do my job worry about whether I will be sued...but that doesn't change the fact that the liability is there and this is a very litigeous society. Lawyers do get sued for their advice...whether they win their malpractice case is another story. The doctor example was just weird...cause generally before they diagnose you with something they do a whole bunch of tests so they know if it is actually is your appendix...they also wont tell you that you will be pain free in a year.

Posted: Mon Feb 12, 2007 7:24 am Post subject: happy medium

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What information are you looking for? We can tell you that given the price of the property and the going rent/selling price you COULD bring a return of your investment of a certain percent. It all depends on market conditions and depending on where you are that could change in the next 3-6 months. We can tell you what areas are hot, and where you have the best chance at getting what you want, whatever that is. Realtors do risk liability so we have to walk a fine line but we want to help you! We want you to be successful, not just for the commission, but it is for the good realtors what they are passionate about.

At the same time, with all due respect, you need to be knowledgeable too. If you want to invest in real estate you need to do your homework. Tell your agent what your expectations are. Be upfront with them, if you don't tell them that they aren't doing what you need them to how can you expect them to know, or to change what they are doing.

If you don't have a buyers agreement signed with them it makes it even more difficult for them to be on your side because they are basically a representative of the seller.

There is in most listing agreements a certain period of time after a listing has expired or been cancelled that if you sell your house the agent could receive a commission...although 180 days does seem a little long. Something to keep in mind is that your agent, although he/she didn't sell your house yet has supposedly done a lot of marketing and advertising and work in order to sell your home. Since you are walking away your agent makes nothing...so all they money that they put out is lost. If suppose you sell your home a month after it goes off the (mls) market your agent could feasibly argue that their advertising and work has brought you that buyer...whether it is true or not.

I understand your frustration but have you looked to see on average how long it takes to sell a house in your neighborhood...the other possibility is that the price is too high...those are the first two things I would look at. Hope this helps

Sarah (realtor)

What information are you looking for? We can tell you that given the price of the property and the going rent/selling price you COULD bring a return of your investment of a certain percent. It all depends on market conditions and depending on where you are that could change in the next 3-6 months. We can tell you what areas are hot, and where you have the best chance at getting what you want, whatever that is. Realtors do risk liability so we have to walk a fine line but we want to help you! We want you to be successful, not just for the commission, but it is for the good realtors what they are passionate about.

At the same time, with all due respect, you need to be knowledgeable too. If you want to invest in real estate you need to do your homework. Tell your agent what your expectations are. Be upfront with them, if you don't tell them that they aren't doing what you need them to how can you expect them to know, or to change what they are doing.

If you don't have a buyers agreement signed with them it makes it even more difficult for them to be on your side because they are basically a representative of the seller.