As the prices of signs gets higher, and real estate values climb, Realtors are getting "tighter" and "tighter" (if that's possible)! So.....waddaya think.......? Instead of charging the REALTOR for the sign(s), make a deal (under contract) to get a percentage (say 1% per $100,000 of sales) payable within 30 days of closing. If the property hasn't sold in, say, 6 months, you get your sign money. Has anyone tried anything like this, and if so, how'd it turn out?
Posted by Bruce Bowers (Member # 892) on :
Hey Bob...
That is a somewhat radical idea. It would be a very progressive approach to cost cutting on the realtor's part although I bet it would be more like 1/2 of 1/2 of 1/2 percent.
Try it out and report back as to how it works.
Posted by James Donahue (Member # 3624) on :
I thought I read somewhere that in ancient China the doctor had to pay the patient if the person got sick. It must have been like an insurance program, with people paying him regularly when they were well. If, 100 years from now,signs are sold a different way, it'll all be traced back to YOUR posting. We know who dunnit. Speaking of tracing it back, I also read where the whole industrial revolution can be traced back to animal dung. Being able to fertilize the feilds brought better yeilds, which saved time, which allowed people to move to the cities, which allowed them to work in factories... The bumper sticker in the saddle store said "fertilizer happens". Jim.
Posted by GARY CULY (Member # 3130) on :
bob,i do that sorta deal with a used car lot in w.v.he gets in these little imports {honda civic mostly} i put some decals on them,quick stripe job.usually 5-8 hours worth. then when he sells the car i get paid. so the idea works in my case.the better i make the car look the , the faster he car sells and i get paid.the best thing is more work is getting out on the streets for this type stuff. the kid that bought the car at the lot tells his buddy where to get my stuff,when buddy comes in then i get the OTHER price chart out! ..just a view
Posted by Rick Sacks (Member # 379) on :
I've been trying for years to get realtors to let me sign a property the way I think would make it sell for a fraction of a percent of the sale price. No takers so far. I do very few real estate signs. I usually am priced higher than what they want to spend. In the sophistications of the electronic communications and the high market demand of our times, it seems rather unnecessary for signs to sell real estate and clutter our landscape with visual competition.
Posted by Cam Bortz (Member # 55) on :
Realtors are trained to think in one direction only, and they are utterly allergic to the idea of anyone making any money on a deal besides themselves. I was able to purchase my shop directly from the previous owner, without the involvement of a realtor, and with only one attorney to file the papers. Saved thousands of dollars. In the classification of customers from 1 to 10 (10 being best) Realtors have generally been near the bottom, around two or three, just above antique dealers (1) and hairdressers (2).
That said, I did just finish a major carved sign project for a realtor last week, to the tune of around $8k. This comes under the "exception that proves the rule."
Posted by Mike Languein (Member # 319) on :
During the post war boom in southern California, in the '50s, there was a sign man out here that called himself "Mad Dog Murphy". He did that with the developers; told them he'd handle the signage if they gave him a percentage of the sales and became a millionaire sign painter! He had a team of salesmen out all the time and a large staff of sign painters - sign regulations were VERY lax back then and they put up a lot of flimsy temporary real estate stuff.
Posted by Bob Burns (Member # 268) on :
Mike, Hell, If I can make a million puttin up flimsy crap......what the hell! I can do that!
Posted by Sheila Ferrell (Member # 3741) on :
....heh, heh, I tho't these all kind'a go together: used-car salesmen, lawyers, 90% of convicts, realtors.