On my mind: Manna from mortgage lenders

(Flickr photo by e-wander

Perhaps you saw my post earlier this year about lunches meant to lure brokers to open houses meant for the industry.

They work!

But only about half the time does the listing broker holding the open house pay for those sandwiches, pasta or fruit salads, even sushi.

Often, it’s a Continue reading

The High Road: Some brokers take kickbacks

First, the disclaimer: I have no direct knowledge of the particularly abhorrent practice in which some brokers take kickbacks.  Nor do I know how widespread it is.

But I recently heard that one way some brokers add to their income is by accepting money from vendors that they choose for their clients.

Cited as an example were Continue reading