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03/10/07
Builders throw out welcome mat to real estate agents
Filed under: General, Real Estate
Posted by: Lillian Wong @ 11:06 am

With once-massive waiting lists dried up and thousands of homes sitting empty in new subdivisions, Valley builders are trying to jump start sales by offering hefty financial perks to real estate agents. When the market took off two years ago, builders’ mind sets were “We don’t need you,” said Christa Burlakoff, owner of Principal Residential Group in Phoenix. “They started ignoring Realtors.”  Agents went from receiving 3 percent commissions and higher from builders to $250 referral fees, Burlakoff said.  More…

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