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Do you have any information on how MLSs get paid. I'm new to the industry, and I'm not sure my current deal is the best I can do.
Company name withheld
You're in luck because Jason Felts' Street SmartsSM column in this issue covers that very subject. Entitled "MLS compensation options," it describes six typical MLS payment programs and highlights the advantages and disadvantages of each.
His article also features a sidebar containing several frequently asked questions about MLS compensation.
I suggest you also read "Who gets a bite of your biz," by Adam Atlas, The Green Sheet, Dec. 25, 2006, issue 06:12:02; "Learning the ISO Lingo," The Green Sheet, August 13, 2007, issue 07:08:01; "Drill Down to the Fine Print," by Jeff Fortney, The Green Sheet, Jan 14., 2008, issue 08:01:01; as well as many other articles you will find in our archives by searching for keywords like residuals, agreement, contract and compensation.
Would you like us to cover a particular topic? Is there someone you consider an Industry Leader? Did you like or dislike a recent article in The Green Sheet? What do you think of our latest GSQ? E-mail your comments and feedback to firstname.lastname@example.org or call us at 800-757-4441.
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