Glen's Blog
A collection of 20+ years of real estate experience offering insights, adivce, and the occasional joke.
Flat Fee vs Traditional 6% Model Round 4: The Dual Agency Trap
Welcome to Round #4 in the Traditional Real Estate Vs Flat Fee heavy-weight fight: The Dual Agency Trap. In previous rounds, we covered the flaws in the traditional real estate model, including the 6% commission, one-size-fits-all service approach, and the turnover/training paradox. Today, we dive into Flaw #4: The Dual Agency Trap, which is perhaps the most upsetting of all. This practice is damaging to buyers and sellers but highly beneficial to Realtors, which is why it persists despite its harm to consumers.
Flat Fee vs Traditional 6% Model Round 3: Turnover vs. Training
In this post, Broker Glen Whitten of the Ohio Property Group and OhioMLSFlatFee.com examines the third big flaw in the traditional Realtor model: The Turnover vs Training paradox. He shows how their firm’s family approach, deep commitment to training, and extreme niche service model keep them ahead of all competition and their sellers in the Sold column.
Flat Fee vs Traditional 6% Model Round 2: One Size Fits All?
In this post, Broker Glen Whitten of the Ohio Property Group and OhioMLSFlatFee.com examines the second big flaw in the traditional Realtor model: The one-size-fits-all service approach. He shows how unbundling is the way of the future to help sellers save money while getting top dollar for their home.
Flat Fee vs Traditional 6% Model Round 1: The Commission
In a new series, we break down the fundamental flaws with the Traditional 6% real estate model and compare it to the Flat Fee Unbundled approach used by the Ohio Property Group and OhioMLSFlatFee.com. Come along for the ride and see why change is on the horizon.
I don’t charge 6% to sell homes. Realtors…you’re welcome.
In the wake of a groundbreaking $1.8 Billion verdict against the National Association of Realtors and several large brokerages, I believe they should have called me to the stand.
If NAR lost because the jury felt 6% was the only option, this website, OhioMLSFlatFee.com, is the perfect defense. Discover why we feel our model IS the future of real estate and how it saves sellers money, time, and headaches.
Newest Posts
Categories
Unleashing the Power of Words: How to Write a Killer Property Description
Learn how to write a captivating real estate property description that will help you sell your Ohio home faster and for more money. Follow our insider tips for creating a Love Story that captures attention and sparks interest.
The SKY is falling! No, it isn’t. The housing market never stops changing
Learn about the three key factors shaping the housing market and discover valuable tips for preparing, marketing, and pricing your home effectively. Navigate the evolving market with confidence and make informed decisions to achieve your selling goals.
How much should a home seller offer a buyer’s agent?
Stand firm on your terms and offer a competitive commission rate to incentivize agents to bring their buyers. Learn how to negotiate effectively in this scenario and keep your home sale on track.
How To Prep Your House Before You Sell
Prepping Your Home for Prospective Buyers: Check off these quick, budget-friendly tasks to enhance your home’s curb appeal.
5 ways to price your home
Pricing a house doesn’t have to be a guessing game. Discover the best methods to determine the right price for your home sale. Explore options like searching local comps, getting a Realtor’s Competitive Market Analysis, hiring an appraiser, or even considering an auction. Plus, find out how Automated Value Models
Do Professional Photos Help You Sell Faster?
Like Realtors, professional photographers tend to make beginners feel incompetent with their “free advice” that instead of building your know-how and confidence, you end up walking away with a pit in your stomach. Allow me to sum up all their advice in four words: “You suck. Hire me”.
Fielding Offers: Karma and Consequences | Ep 23
Dr. Michael Griffith On Managing Stress When Selling | Ep 22
Rebounding After a Deal Falls Through: How to Get Back on the Market | Ep 21
Rex Grasz on FHA/VA vs Conventional Offers When You Sell | Ep 20
How To Survive Nightmare Inspections When You Sell | Ep 19
2024 NAR Lawsuits: How They Impact Commissions For Home Sellers | Episode 14
What should a home seller do when showing their home?
When it comes to showing your house to prospective buyers, the ‘stay or go’ question can be tricky. Weighing the pros and cons, you’ll want to find a balance. Get expert advice on this common dilemma and make the most of your home showings.
How to hold a real estate open house
Unlock the potential of open houses with our expert playbook. Get insights on when and how long to host your open house, leveraging social media for promotion, and providing clear instructions for buyers to make offers. Don’t miss this opportunity to maximize your home’s exposure and enhance your selling experience.
Choosing a Title Company: What Home Sellers Need to Know Before Listing
Learn how to choose a title company for your home sale by focusing on the three critical factors of savings, service, and security. Read on to find out more.
How to Negotiate a Home Sale in Ohio: Tips from a Pro (Who Also Happens to be Hilarious)
Learn how to negotiate your next home sale in Ohio like a pro with these effective tips from a 20-year broker. Stay professional, be flexible, and keep your sense of humor!
Buyer’s remorse: what to do when a buyer changes their mind
When selling your home, dealing with buyer’s remorse is a possibility. Sometimes, gentle resistance can help. If all else fails, be prepared to move on. The preparation and guidance outlined in this post can make navigating these situations smoother.
Is the hot seller market cooling off?
As the housing market continues to evolve, it’s essential to reflect on trends and lessons learned. Much like the fashion trends of the past, real estate markets can change, and expectations should remain grounded. In the current hot market, maintaining realistic pricing and market-savvy strategies is key to success. Learn
How much should a home seller offer a buyer’s agent?
Stand firm on your terms and offer a competitive commission rate to incentivize agents to bring their buyers. Learn how to negotiate effectively in this scenario and keep your home sale on track.
Let the SELLER Beware of Appraisals & Inspections
In the world of real estate, we often hear ‘caveat emptor,’ or ‘let the buyer beware.’ But what about sellers? It’s time to introduce ‘caveat venditor’—let the seller beware. In today’s market, sellers face unique challenges, from appraisal issues to inspection demands. Learn how to protect your interests and navigate
Buyer’s remorse: what to do when a buyer changes their mind
When selling your home, dealing with buyer’s remorse is a possibility. Sometimes, gentle resistance can help. If all else fails, be prepared to move on. The preparation and guidance outlined in this post can make navigating these situations smoother.
Let the SELLER Beware of Appraisals & Inspections
In the world of real estate, we often hear ‘caveat emptor,’ or ‘let the buyer beware.’ But what about sellers? It’s time to introduce ‘caveat venditor’—let the seller beware. In today’s market, sellers face unique challenges, from appraisal issues to inspection demands. Learn how to protect your interests and navigate
All Blog Posts:
All About Earnest Money For Homesellers | Ep 24
Podcast: Play in new window | Download (45.4MB) | Embed
Subscribe or Follow Apple Podcasts | Spotify | Amazon Music | Pandora | iHeartRadio | Blubrry | JioSaavn | Podchaser | Podcast Index | Deezer | RSS | More
In this episode of the Talking Realty Podcast, Glen Whitten breaks down the essential details of earnest money, dispelling myths and sharing practical tips for home sellers. Learn how to protect your sale and handle earnest money strategically. Don’t miss these key insights for a successful real estate transaction!
Fielding Offers: Karma and Consequences | Ep 23
Podcast: Play in new window | Download (42.9MB) | Embed
Subscribe or Follow Apple Podcasts | Spotify | Amazon Music | Pandora | iHeartRadio | Blubrry | JioSaavn | Podchaser | Podcast Index | Deezer | RSS | More
Glen focuses on the tricky situations that show up in the offer phase of selling a home. He real scenarios to highlight karma, and consequences in real estate transactions. The episode tackles four common scenarios home sellers face with offers. You’ll learn the importance of integrity and making fast, informed decisions to avoid legal and karmic repercussions.
Dr. Michael Griffith On Managing Stress When Selling | Ep 22
Podcast: Play in new window | Download (79.5MB) | Embed
Subscribe or Follow Apple Podcasts | Spotify | Amazon Music | Pandora | iHeartRadio | Blubrry | JioSaavn | Podchaser | Podcast Index | Deezer | RSS | More
Selling a home can be stressful. In this episode, I talk with Dr. Michael Griffith, a clinical psychologist, about how to manage the emotional ups and downs of this big life transition. Whether it’s job changes, family moves, or dealing with kids, Dr. G shares advice to help you stay calm when moving and selling.
Rebounding After a Deal Falls Through: How to Get Back on the Market | Ep 21
Podcast: Play in new window | Download (39.4MB) | Embed
Subscribe or Follow Apple Podcasts | Spotify | Amazon Music | Pandora | iHeartRadio | Blubrry | JioSaavn | Podchaser | Podcast Index | Deezer | RSS | More
When a deal falls through, it’s not the end. Learn how to rebound and make your property even more attractive the second time around. In this episode of the Talking Realty Podcast, Glen Whitten reveals his “Rebound Playbook” and shares actionable strategies to help sellers bounce back stronger.
Rex Grasz on FHA/VA vs Conventional Offers When You Sell | Ep 20
Podcast: Play in new window | Download (71.1MB) | Embed
Subscribe or Follow Apple Podcasts | Spotify | Amazon Music | Pandora | iHeartRadio | Blubrry | JioSaavn | Podchaser | Podcast Index | Deezer | RSS | More
Glen learns about the benefits of government loans versus conventional loans with insights from mortgage expert Rex Graz. Find out why home sellers should be excited about offers with FHA, VA, or USDA loans, and how to ignore common misconceptions. Essential listening for home sellers and real estate professionals!
How To Survive Nightmare Inspections When You Sell | Ep 19
Podcast: Play in new window | Download (Duration: 1:20:09 — 73.4MB) | Embed
Subscribe or Follow Apple Podcasts | Spotify | Amazon Music | Pandora | iHeartRadio | Blubrry | JioSaavn | Podchaser | Podcast Index | Deezer | RSS | More
Discover how to navigate the home inspection process and avoid common pitfalls with Glen Whitten’s expert advice on “Talking Realty.” Learn strategies to handle buyer requests, negotiate repairs, and keep your deal intact. This episode is essential listening for home sellers facing the stress of inspections. Listen now!
Negotiating Buyer Agent Commissions When You Sell Your Home | Ep 18
Podcast: Play in new window | Download (40.1MB) | Embed
Subscribe or Follow Apple Podcasts | Spotify | Amazon Music | Pandora | iHeartRadio | Blubrry | JioSaavn | Podchaser | Podcast Index | Deezer | RSS | More
Discover how recent MLS changes impact buyer agent commissions and learn strategies to negotiating the buyer agent commission when selling your home. This episode of “Talking Realty” with Glen Whitten explores real-world tactics to negotiate commissions effectively, saving you money and maximizing your home sale outcomes. Listen now to stay ahead!
Why Upfront Flat Fees Trump Commissions at Closing | Ep 17
Podcast: Play in new window | Download (26.8MB) | Embed
Subscribe or Follow Apple Podcasts | Spotify | Amazon Music | Pandora | iHeartRadio | Blubrry | JioSaavn | Podchaser | Podcast Index | Deezer | RSS | More
Discover why paying upfront flat fees for real estate services can save you money and eliminate conflicts of interest. Glen Whitten discusses the myths surrounding commission-based payments and shares why his flat-fee model leads to better outcomes for home sellers.
How to Trigger a Buyer Feeding Frenzy: The Power of Multiple Offers | Episode 16
Podcast: Play in new window | Download (40.0MB) | Embed
Subscribe or Follow Apple Podcasts | Spotify | Amazon Music | Pandora | iHeartRadio | Blubrry | JioSaavn | Podchaser | Podcast Index | Deezer | RSS | More
Learn how to create a buyer feeding frenzy and maximize your home’s market value by leveraging multiple offers. Glen Whitten shares real-life examples and actionable strategies in this episode of Talking Realty. Perfect for home sellers looking to get top dollar in today’s market.