The Old School Real Estate Brokerage Model August 29, 2007
Posted by Darin Persinger in Business Models, Real Estate, Sales.trackback
Is the traditional real estate brokerage model broke?
Teresa Boardman is stirring up some controversary at her blog, StPaulRealEstateBlog.
I wrote at The Gardyn about the traditional real estate brokerage and talked about her post, Has MAR forgotten who pays the bills?
Did Teresa unlock the Traditional Brokerage secret to profit?
- Keep bringing in fresh blood. (Barrier to Entry is easy.)
- Put them on low commission splits, give little training. (Barrier to Success is hard.)
- They will quit. (Gap to success and higher commission splits to hard.)
- Bring in fresh blood.
Does it make sense? Not really, but that does seem to be the old school business model.
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