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 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.
Lawsuits Against Realtors Are Long Overdue
In a monumental shift, home sellers are taking a stand against real estate commissions that have long felt disproportionate and opaque. The recent legal actions against the National Association of Realtors and established brokerages signal a long-overdue call for transparency. This movement isn’t just a tremor – it’s an industry quake reshaping the bedrock of traditional commissions, with implications that could empower sellers like never before. Dive into our comprehensive look at these lawsuits and the pivotal changes they may bring, or watch our detailed video for a closer examination.
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”.
Price vs Prep: A tale of three Ohio home sellers
Ohio home buyers look for reasons NOT to buy
Home sellers…emotions are expensive
Glen Whitten on home pricing in Ohio
Andy Chom on buyer agents when selling your Ohio home
Kim Julen on using Feng Shui when selling your Ohio home
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:
Why Isn’t My Home Selling?
Discover the common reasons why homes don’t sell and how to fix them. Our guide covers pricing, staging, marketing, and other essential factors to help you sell your home quickly and efficiently. Read on to learn more!
How to Find the Right Buyer for Your Home Using Marketing
Learn how to find the right buyer for your home by implementing effective marketing strategies, including social media, virtual tours, and professional photography.
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 from the past and adapt for a prosperous real estate journey.
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.
If your home isn’t selling, it’s overpriced. (period)
A seller asks Glen what to do about lowering their price. Glen responds with the cold hard truth…as usual. Learn why your home may not be selling and how pricing it correctly is the key to a successful sale. Is your home not selling? Learn why it might be overpriced and what you can do to fix it. Get expert tips from Ohio MLS Flat Fee, your trusted real estate partner.
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 this seller’s market with confidence.
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 handle low ball offers on your home
As an experienced broker, I hate presenting lowball offers. Sellers often forget the ‘don’t shoot the messenger’ rule when they see one. Let’s dive into expert tips for dealing with lowball offers on your home effectively. Don’t settle for less than your home’s true value.