Posts

Always Something New to Learn

Hello Members of HAR and Friends of my Blog!

VARIABLE RATE COMMISSION...WHAT DOES IT MEAN?

Almost everyone seems to understand what the term Commission means as it relates to the Real Estate Transaction.  The opposite is true as it relates to a Variable Rate Commission.  I hope this information helps explain what it is and how it relates to you and your Buyers and Sellers.
Section 3.4 of the REALTOR Code of Ethics defines a Variable Rate Commission as follows: A listing in which one amount of commission is payable if the listing broker's firm is the procuring cause of sale and a different amount of commission is payable if the sale results from the efforts of the seller or a cooperating broker.
The National Association of REALTORS Multiple Listing Policy & MRED Rules and Regulations requires listing brokers to disclose a Variable Rate Commission to potential cooperating brokers as soon as is practical.  There is a field in the MRED MLS that must be filled in by the Listing Brok…

I LOVE Sharing What I Learn!

Dear Members and Friends!
I hope you find the information on my blog useful and helpful to your real estate career!  I am a big believer in inspiring and motivating others to do their very best!  So take a minute to read and learn... ENJOY!
Heather Wiedrich AE, RCE, e-PRO HomeTown Association of REALTORS
Leaders READ: In Praise of the Purple Cow By: Seth Godin
Thoughts to Ponder: What if we are too busy? (Are we busy doing the right things?)
What fear of failure keeps us pinned down?
I want to live! I stopped worrying about what people think of me! I think weird. I'm just going to be me and if you don't like it... Go away
Surround yourself with good people 
Structure your ideas around your area of brilliance and act now
What do you do exceptionally well?

Ways to be Remarkable Auto focus like a camera 
What do you want and can you find a way to measure it?

Education for YOU: Legal Issues Breakfast (Reference: Betsy Urbance and Jeff Baker IR Attorneys)
Code of Ethics is stricter sometimes than th…

Welcome to my Blog!

Welcome to my Blog!  As the Association Executive of the HomeTown Association of REALTORS®, I would love to share with you current information of what I learn along the way.  Education and Industry knowledge are important to me and sharing is the best way to help you along in your real estate career as well.  I hope you enjoy my blog... another great service of HAR for YOU!
I recently attended the Illinois REALTORS® Conference & Expo in Collinsville and if you do not attend this great event, you may want to consider making it a goal for next year.  Over the next month I will be sharing the highlights with you.
Leaders READ: The Great and Powerful "Ah" By: Karel Murray
Thoughts to Ponder: Today, the one sure way to fail is to be boring Your one chance for success is to be remarkable
It's possible to lead a cow upstairs but not downstairs
Siblings can make you shorter
Are you remarkable? Meaning worthy of being or likely to be noticed, unusual 
How do we know when we're b…