Business Plan Brokerage Services
New real estate brokerage question?
Question- In the state of MO, can I charge an upfront commission, for services rendered in the future.
Example- You’re an investor that might do several deals a month or a year, I am needing immediate cash flow for the business. So I offer an upfront commission fee of $5-10k, which allows you to use me as you’re broker for a 6 or 12 month timeframe. Which saves you on commission and gives the company cashflow. This would only be on my sides of the transaction.
Has anyone seen this or know if its even a viable plan?
I have never heard of a client who was willing to pay commission upfront for work that hasn’t been earned. As long as full disclosure is given, I doubt there would be a problem. In the old days sellers were known to pay marketing costs upfront and this sounds like a similar situation. Just be sure to tell Uncle Sam about the transaction too!
Scott Andrews Elected PDC Chair
|
|
iBank 4 for Mac [Download] $48.89 iBank 4 The Gold Standard for Mac Money Management iBank 4 delivers a new standard for intuitive, full-featured personal finance software. Monitor account balances at a glance, track your investments, maintain budgets, and manage your credit cards, savings, checking and loans–all in an easy, powerful, familiar Mac interface. Sample Income and Expense Report View larger. Features Set up in a … |
|
|
Game Plan – How Real Estate Professionals can Thrive in an Uncertain Future $8.00 The residential real estate market has changed dramatically, for consumers as well as real estate professionals. But what’s really happening? What’s driving that change? And what role will real estate professionals have in the future?Game Plan answers those questions with a look at the forces shaping the industry and their impact on who will be the winners—and losers—in the future. Game Pl… |
|
|
Agents Expected To Develop Web Plans.(insurance industry seeks alternative channels of distribution)(Brief Article)(Industry Overview): An article … & Casualty-Risk & Benefits Management $5.95 This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on July 23, 2001. The length of the article is 633 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. Yo… |
|
|
Brokers Face Privacy Hassles.(new record-keeping and notification requirements arising from recently issued federal health privacy rules for insurance … & Casualty-Risk & Benefits Management $5.95 This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on August 6, 2001. The length of the article is 764 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. Y… |
You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
