Forum Replies Created
-
AuthorPosts
-
Raybyrnes
ParticipantAkula1992
last I heard Coronado and La Jolla were areas that went against the trend and saw increases during the last Housing bust. I have never researched this to confirm the validity.
It wouldn’t surprise me and here is why. There are a lot of officers on Coronado so they would not have been inpacted by the bust. And in La Jolla SAIC was going gang busters which in the 80′ so ther was a lot of cash flowing through the area.
Raybyrnes
ParticipantAkula1992
last I heard Coronado and La Jolla were areas that went against the trend and saw increases during the last Housing bust. I have never researched this to confirm the validity.
It wouldn’t surprise me and here is why. There are a lot of officers on Coronado so they would not have been inpacted by the bust. And in La Jolla SAIC was going gang busters which in the 80′ so ther was a lot of cash flowing through the area.
Raybyrnes
ParticipantAkula1992
last I heard Coronado and La Jolla were areas that went against the trend and saw increases during the last Housing bust. I have never researched this to confirm the validity.
It wouldn’t surprise me and here is why. There are a lot of officers on Coronado so they would not have been inpacted by the bust. And in La Jolla SAIC was going gang busters which in the 80′ so ther was a lot of cash flowing through the area.
Raybyrnes
ParticipantAkula1992
last I heard Coronado and La Jolla were areas that went against the trend and saw increases during the last Housing bust. I have never researched this to confirm the validity.
It wouldn’t surprise me and here is why. There are a lot of officers on Coronado so they would not have been inpacted by the bust. And in La Jolla SAIC was going gang busters which in the 80′ so ther was a lot of cash flowing through the area.
July 21, 2008 at 12:26 AM in reply to: OT: Anyone buy an Acura MDX recently. Need to bounce a price off of you…. #243561Raybyrnes
ParticipantWorking with Fleet is a litte different. You deal with commercial accounts and you are looking at the monthly revenue stream. The majority are set up on operational leases. Depending on the number of months you want to make around 40 a month for a realy well qualified customer with a good fleet to 100 a month which might be a short term lese on a poor credit. Did not really matter whether it was made on markup or financing. Smarter buyers realize this and just want a fair deal and you work as their employee structuring the deal. Dipshits will try to focus in on price or financing. You appease their ego with what they are looking for but in the end you are getting between 40 to 100 a month.
Sort of like destination charge. If someone wants to fight destination charge, it like OK let’s get rid of destination charge. You reduce the holdback which appeases the buyer, hopefully you had some margin built in and you angle the finacing. In the end you are getting a minimum of 40$ a month or you are just going to let the deal go. There are other deals out there and you don’t have time to deal with this every time someone is looking for a company vehicle. I would usually set up a deal structure. By this I mean the parameters were laid out from the onset.
Your cost would be Invoice Cost less advertising and finance on a factory order less dealer incentive or fleet rebate whichever wss greater. Financing would be Prime +.50 and dispositon of the vehicle is $200. (This is a sample)
In any event this is how fleet works. You figure a 40 car fleet is going to cycle through 25% of vehicles each year so you set this account up correctly and you have 10 sales a year. You provide them with insurance and a maintenace package and you end up making about 250 per vehicle (as the salesperson). If an owner want s to do everything himself (and they can) move on. They are usually losing money if they do or their business is not being maximized to it’s full potential. It is very much a realtionship oriented business. Any one transaction is meaningless. If you want to skip the trip up to LA it amy be worth using he following service. http://www.newcar4you.com/qa.html
Guarantee low price adn vehicle delivery. If you already have a price on paper I don’t think you have anything to lose.
July 21, 2008 at 12:26 AM in reply to: OT: Anyone buy an Acura MDX recently. Need to bounce a price off of you…. #243704Raybyrnes
ParticipantWorking with Fleet is a litte different. You deal with commercial accounts and you are looking at the monthly revenue stream. The majority are set up on operational leases. Depending on the number of months you want to make around 40 a month for a realy well qualified customer with a good fleet to 100 a month which might be a short term lese on a poor credit. Did not really matter whether it was made on markup or financing. Smarter buyers realize this and just want a fair deal and you work as their employee structuring the deal. Dipshits will try to focus in on price or financing. You appease their ego with what they are looking for but in the end you are getting between 40 to 100 a month.
Sort of like destination charge. If someone wants to fight destination charge, it like OK let’s get rid of destination charge. You reduce the holdback which appeases the buyer, hopefully you had some margin built in and you angle the finacing. In the end you are getting a minimum of 40$ a month or you are just going to let the deal go. There are other deals out there and you don’t have time to deal with this every time someone is looking for a company vehicle. I would usually set up a deal structure. By this I mean the parameters were laid out from the onset.
Your cost would be Invoice Cost less advertising and finance on a factory order less dealer incentive or fleet rebate whichever wss greater. Financing would be Prime +.50 and dispositon of the vehicle is $200. (This is a sample)
In any event this is how fleet works. You figure a 40 car fleet is going to cycle through 25% of vehicles each year so you set this account up correctly and you have 10 sales a year. You provide them with insurance and a maintenace package and you end up making about 250 per vehicle (as the salesperson). If an owner want s to do everything himself (and they can) move on. They are usually losing money if they do or their business is not being maximized to it’s full potential. It is very much a realtionship oriented business. Any one transaction is meaningless. If you want to skip the trip up to LA it amy be worth using he following service. http://www.newcar4you.com/qa.html
Guarantee low price adn vehicle delivery. If you already have a price on paper I don’t think you have anything to lose.
July 21, 2008 at 12:26 AM in reply to: OT: Anyone buy an Acura MDX recently. Need to bounce a price off of you…. #243711Raybyrnes
ParticipantWorking with Fleet is a litte different. You deal with commercial accounts and you are looking at the monthly revenue stream. The majority are set up on operational leases. Depending on the number of months you want to make around 40 a month for a realy well qualified customer with a good fleet to 100 a month which might be a short term lese on a poor credit. Did not really matter whether it was made on markup or financing. Smarter buyers realize this and just want a fair deal and you work as their employee structuring the deal. Dipshits will try to focus in on price or financing. You appease their ego with what they are looking for but in the end you are getting between 40 to 100 a month.
Sort of like destination charge. If someone wants to fight destination charge, it like OK let’s get rid of destination charge. You reduce the holdback which appeases the buyer, hopefully you had some margin built in and you angle the finacing. In the end you are getting a minimum of 40$ a month or you are just going to let the deal go. There are other deals out there and you don’t have time to deal with this every time someone is looking for a company vehicle. I would usually set up a deal structure. By this I mean the parameters were laid out from the onset.
Your cost would be Invoice Cost less advertising and finance on a factory order less dealer incentive or fleet rebate whichever wss greater. Financing would be Prime +.50 and dispositon of the vehicle is $200. (This is a sample)
In any event this is how fleet works. You figure a 40 car fleet is going to cycle through 25% of vehicles each year so you set this account up correctly and you have 10 sales a year. You provide them with insurance and a maintenace package and you end up making about 250 per vehicle (as the salesperson). If an owner want s to do everything himself (and they can) move on. They are usually losing money if they do or their business is not being maximized to it’s full potential. It is very much a realtionship oriented business. Any one transaction is meaningless. If you want to skip the trip up to LA it amy be worth using he following service. http://www.newcar4you.com/qa.html
Guarantee low price adn vehicle delivery. If you already have a price on paper I don’t think you have anything to lose.
July 21, 2008 at 12:26 AM in reply to: OT: Anyone buy an Acura MDX recently. Need to bounce a price off of you…. #243766Raybyrnes
ParticipantWorking with Fleet is a litte different. You deal with commercial accounts and you are looking at the monthly revenue stream. The majority are set up on operational leases. Depending on the number of months you want to make around 40 a month for a realy well qualified customer with a good fleet to 100 a month which might be a short term lese on a poor credit. Did not really matter whether it was made on markup or financing. Smarter buyers realize this and just want a fair deal and you work as their employee structuring the deal. Dipshits will try to focus in on price or financing. You appease their ego with what they are looking for but in the end you are getting between 40 to 100 a month.
Sort of like destination charge. If someone wants to fight destination charge, it like OK let’s get rid of destination charge. You reduce the holdback which appeases the buyer, hopefully you had some margin built in and you angle the finacing. In the end you are getting a minimum of 40$ a month or you are just going to let the deal go. There are other deals out there and you don’t have time to deal with this every time someone is looking for a company vehicle. I would usually set up a deal structure. By this I mean the parameters were laid out from the onset.
Your cost would be Invoice Cost less advertising and finance on a factory order less dealer incentive or fleet rebate whichever wss greater. Financing would be Prime +.50 and dispositon of the vehicle is $200. (This is a sample)
In any event this is how fleet works. You figure a 40 car fleet is going to cycle through 25% of vehicles each year so you set this account up correctly and you have 10 sales a year. You provide them with insurance and a maintenace package and you end up making about 250 per vehicle (as the salesperson). If an owner want s to do everything himself (and they can) move on. They are usually losing money if they do or their business is not being maximized to it’s full potential. It is very much a realtionship oriented business. Any one transaction is meaningless. If you want to skip the trip up to LA it amy be worth using he following service. http://www.newcar4you.com/qa.html
Guarantee low price adn vehicle delivery. If you already have a price on paper I don’t think you have anything to lose.
July 21, 2008 at 12:26 AM in reply to: OT: Anyone buy an Acura MDX recently. Need to bounce a price off of you…. #243774Raybyrnes
ParticipantWorking with Fleet is a litte different. You deal with commercial accounts and you are looking at the monthly revenue stream. The majority are set up on operational leases. Depending on the number of months you want to make around 40 a month for a realy well qualified customer with a good fleet to 100 a month which might be a short term lese on a poor credit. Did not really matter whether it was made on markup or financing. Smarter buyers realize this and just want a fair deal and you work as their employee structuring the deal. Dipshits will try to focus in on price or financing. You appease their ego with what they are looking for but in the end you are getting between 40 to 100 a month.
Sort of like destination charge. If someone wants to fight destination charge, it like OK let’s get rid of destination charge. You reduce the holdback which appeases the buyer, hopefully you had some margin built in and you angle the finacing. In the end you are getting a minimum of 40$ a month or you are just going to let the deal go. There are other deals out there and you don’t have time to deal with this every time someone is looking for a company vehicle. I would usually set up a deal structure. By this I mean the parameters were laid out from the onset.
Your cost would be Invoice Cost less advertising and finance on a factory order less dealer incentive or fleet rebate whichever wss greater. Financing would be Prime +.50 and dispositon of the vehicle is $200. (This is a sample)
In any event this is how fleet works. You figure a 40 car fleet is going to cycle through 25% of vehicles each year so you set this account up correctly and you have 10 sales a year. You provide them with insurance and a maintenace package and you end up making about 250 per vehicle (as the salesperson). If an owner want s to do everything himself (and they can) move on. They are usually losing money if they do or their business is not being maximized to it’s full potential. It is very much a realtionship oriented business. Any one transaction is meaningless. If you want to skip the trip up to LA it amy be worth using he following service. http://www.newcar4you.com/qa.html
Guarantee low price adn vehicle delivery. If you already have a price on paper I don’t think you have anything to lose.
Raybyrnes
ParticipantTheBreeze
“They want you to pay as much as possible so their commission will be higher.”I don’t think this is the case and I believe the author of Freakonomics does a good job dispelling this myth.
Realators want the transaction to go through. The incremental difference of getting an extra 50K to them is meaningless. They want to get paid. The difference to you is a lot. Think about it. They hold out for a client to pay an extra 50000 they get paid 1500 (3%) and you get an additional 48500.
That is why it would be advantageous as a seller to first baseline what you feel a home would move for. Say 5% below current market is 500K. Realtor finds person does paperwork they get a flat fee of $500. They move it at market rate they get %1000. Now if they are good and start to be salespeople they get paid for what they sell over the market. Sell for 50K over market I’ll pay the 1000 + 5% on the first 50K over market. Get 50 to 100K over market I’d bump it up to 10%. This incentive system would weed out the people who can earn their keep vs those who can’t.
The way I see it if they can get 100K more than I think I could I would be happy to pay 10 and collect 90. It is a different approach and it wuld need fine tuning but it would align their interests with yous. As it stands today there is not reason for a sales agent to want to get you a higher price. Their interest are in getting the home sold for wahtever they can.Raybyrnes
ParticipantTheBreeze
“They want you to pay as much as possible so their commission will be higher.”I don’t think this is the case and I believe the author of Freakonomics does a good job dispelling this myth.
Realators want the transaction to go through. The incremental difference of getting an extra 50K to them is meaningless. They want to get paid. The difference to you is a lot. Think about it. They hold out for a client to pay an extra 50000 they get paid 1500 (3%) and you get an additional 48500.
That is why it would be advantageous as a seller to first baseline what you feel a home would move for. Say 5% below current market is 500K. Realtor finds person does paperwork they get a flat fee of $500. They move it at market rate they get %1000. Now if they are good and start to be salespeople they get paid for what they sell over the market. Sell for 50K over market I’ll pay the 1000 + 5% on the first 50K over market. Get 50 to 100K over market I’d bump it up to 10%. This incentive system would weed out the people who can earn their keep vs those who can’t.
The way I see it if they can get 100K more than I think I could I would be happy to pay 10 and collect 90. It is a different approach and it wuld need fine tuning but it would align their interests with yous. As it stands today there is not reason for a sales agent to want to get you a higher price. Their interest are in getting the home sold for wahtever they can.Raybyrnes
ParticipantTheBreeze
“They want you to pay as much as possible so their commission will be higher.”I don’t think this is the case and I believe the author of Freakonomics does a good job dispelling this myth.
Realators want the transaction to go through. The incremental difference of getting an extra 50K to them is meaningless. They want to get paid. The difference to you is a lot. Think about it. They hold out for a client to pay an extra 50000 they get paid 1500 (3%) and you get an additional 48500.
That is why it would be advantageous as a seller to first baseline what you feel a home would move for. Say 5% below current market is 500K. Realtor finds person does paperwork they get a flat fee of $500. They move it at market rate they get %1000. Now if they are good and start to be salespeople they get paid for what they sell over the market. Sell for 50K over market I’ll pay the 1000 + 5% on the first 50K over market. Get 50 to 100K over market I’d bump it up to 10%. This incentive system would weed out the people who can earn their keep vs those who can’t.
The way I see it if they can get 100K more than I think I could I would be happy to pay 10 and collect 90. It is a different approach and it wuld need fine tuning but it would align their interests with yous. As it stands today there is not reason for a sales agent to want to get you a higher price. Their interest are in getting the home sold for wahtever they can.Raybyrnes
ParticipantTheBreeze
“They want you to pay as much as possible so their commission will be higher.”I don’t think this is the case and I believe the author of Freakonomics does a good job dispelling this myth.
Realators want the transaction to go through. The incremental difference of getting an extra 50K to them is meaningless. They want to get paid. The difference to you is a lot. Think about it. They hold out for a client to pay an extra 50000 they get paid 1500 (3%) and you get an additional 48500.
That is why it would be advantageous as a seller to first baseline what you feel a home would move for. Say 5% below current market is 500K. Realtor finds person does paperwork they get a flat fee of $500. They move it at market rate they get %1000. Now if they are good and start to be salespeople they get paid for what they sell over the market. Sell for 50K over market I’ll pay the 1000 + 5% on the first 50K over market. Get 50 to 100K over market I’d bump it up to 10%. This incentive system would weed out the people who can earn their keep vs those who can’t.
The way I see it if they can get 100K more than I think I could I would be happy to pay 10 and collect 90. It is a different approach and it wuld need fine tuning but it would align their interests with yous. As it stands today there is not reason for a sales agent to want to get you a higher price. Their interest are in getting the home sold for wahtever they can.Raybyrnes
ParticipantTheBreeze
“They want you to pay as much as possible so their commission will be higher.”I don’t think this is the case and I believe the author of Freakonomics does a good job dispelling this myth.
Realators want the transaction to go through. The incremental difference of getting an extra 50K to them is meaningless. They want to get paid. The difference to you is a lot. Think about it. They hold out for a client to pay an extra 50000 they get paid 1500 (3%) and you get an additional 48500.
That is why it would be advantageous as a seller to first baseline what you feel a home would move for. Say 5% below current market is 500K. Realtor finds person does paperwork they get a flat fee of $500. They move it at market rate they get %1000. Now if they are good and start to be salespeople they get paid for what they sell over the market. Sell for 50K over market I’ll pay the 1000 + 5% on the first 50K over market. Get 50 to 100K over market I’d bump it up to 10%. This incentive system would weed out the people who can earn their keep vs those who can’t.
The way I see it if they can get 100K more than I think I could I would be happy to pay 10 and collect 90. It is a different approach and it wuld need fine tuning but it would align their interests with yous. As it stands today there is not reason for a sales agent to want to get you a higher price. Their interest are in getting the home sold for wahtever they can. -
AuthorPosts
