Million Dollar Agent
Million Dollar Agent
John McGrath, Tom Panos & Troy Malcolm
The Four Corners Episode on The Real Estate Industry
35 minutes Posted Mar 27, 2023 at 11:00 am.
Send us a textWe discuss underquoting, secret commissions and referral fees, the phrase "Quote it low and watch them go!" and ethics in the real estate industry.
- Summary of speakers for AREC: 25th Anniversary
- The Four Corners Episode: Price Guides and "The Impact of Underquoting in the Real Estate Industry"
- The importance of honesty in real estate
- Strategies for accurately setting price guides in a low-absorption market
- Misleading conduct
- Product knowledge
- Transparency with rebates
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Show notes
Send us a textWe discuss underquoting, secret commissions and referral fees, the phrase "Quote it low and watch them go!" and ethics in the real estate industry.(00:02:31) - Summary of speakers for AREC: 25th Anniversary(00:07:56) - The Four Corners Episode: Price Guides and "The Impact of Underquoting in the Real Estate Industry"(00:16:48) - The importance of honesty in real estate(00:19:49) - Strategies for accurately setting price guides in a low-absorption market(00:21:43) - Misleading conduct(00:26:00) - Product knowledge(00:29:03) - Transparency with rebates(00:32:18) - US congress rips into the CEO of TikTok