Sammy Wolcovinsky

• Manage |RSSAlternative Business Models
• Manage |RSSReal Estate Brokerage of the Future
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• Manage |RSSReal Estate Marketing 2.0
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• Manage |RSSThe Real Estate Agent of the Future

I AGREE 100% WITH YOUR COMMENTS. I am the owner of Panama Flat Fee Realty and I pay my agents a salary plus a bonus. Also they receive tangible and intangible benefits. Why would you pay an agent commission when most of the clients (at least in my case) come directly to the company (Via website, classified ads online, direct mail, etc..) If one of my agents brings a client then I pay them a % on that sale - but its payable every X amount of months. Also X percentage of the income of the company is given to our agents based on their production. What I did was hired great customer oriented persons who had never been in real estate (Most of the currents agents did not want to work here) and trained them. They are doing excellent.. If they are happy - our clients are happy. At the end this is a customer service company that sells real estate. Sammy Wolcovinsky Panama Flat Fee Realty www.panamaflatfeerealty.com

Great Article. I believe 100% on your new model. The real estate industry needs to change, in Panama traditional agents charge 5% commission. I think that is very high not even brain surgeons charge that!!! I created Panama Flat Fee Realty, we dont charge 5% commissions just a low flat fee. Our sellers save between 50% to 70% of the cost of real estate transactions. I think if we want to succeed in this business we must create blue oceans. Sammy Wolcovinsky www.panamaflatfeerealty.com

Does that strategy really work? That is a good idea for the panama real estate market. Sammy Wolcovinsky Panama Flat Fee Realty. www.panamaflatfeerealty.com