Allison James Launches National Virtual Real Estate Brokerage

Agents Pay Flat Fee and Earn Full Commission on Sales

Date: Oct 3, 2007 5:28:00 AM
Allison James Estates & Homes has announced that the Florida-based corporation has officially launched its new national real estate company with the opening of business in San Diego, CA, according to Scott Chamberlin, president of the company. The company embraces the concept of virtual office design that minimizes fixed expenses associated with brick-and-mortar business models.
“We are leading a change in the relationship between the broker and the REALTOR,” Chamberlin announced in opening ceremonies. He affirmed the company’s goal of being "The New Solution to Real Estate Sales." “By promoting an enhanced working environment via the Internet, we can allow the REALTOR more flexibility to conduct his or her business with more freedom to work with the consumer.” 
 
The company researched many real estate markets across the United States for its national launch. “We are very excited to have selected San Diego County which has the highest average priced homes in the United States,” he noted. “California has always been a national leader in the real estate industry.” 
 
Allison James is now actively recruiting the top producing REALTORS in San Diego County. “There are more than 19,000 REALTORS in San Diego and we know the most successful, independent and professional among them will embrace this new solution to real estate sales and ride the wave of success available through our company,” Chamberlin said. 
 
Allison James Estates and Homes plans to launch operations in Arizona, Texas, Florida, Washington, Oregon and South Carolina within the next 30 days and expects other states to come on board as the company expands.

Related Link:

Is The End In Sight for Brick-and-Mortar Real Estate Companies?

Comments

RE: Allison James Launches National Virtual Real Estate Brokerage

Comment by: Buzz Lucas

- Oct 8, 2007 10:29:13 AM

A very interesting concept. I would assume that the "company" has a BIC licensed in each state, who is responsible for the actions of the brokerage's agents. I can see the advantages for the agents, but the BIC would have to be insane to accept responsibility for this system, IMHO.

RE: Allison James Launches National Virtual Real Estate Brokerage

Comment by: Tamra J Trainer

- Nov 13, 2007 10:00:34 AM
I think it is a great concept and about time the experienced agents/broker-associates had a business model like this to work under.

RE: Allison James Launches National Virtual Real Estate Brokerage

Comment by: jeremy

- Feb 29, 2008 5:52:38 PM
why do they claim they are the first to do this, companies like this have been around for over 8 years. I have been with one myself for over 4. I went to their website and "interviewed" with their broker. I dont know how they claim they recruit only top producers, the only quesion the broker asked me is do i have a valid credit card. Most of the listings from Allison James on the MLS are from REO agents, who are usually the butt of the industry looking for a quick commission check. Looks like another customer no-service brokerage to me.

RE: Allison James Launches National Virtual Real Estate Brokerage

Comment by: James A. Crumbaugh III CEO

- Mar 3, 2008 11:05:07 AM
We never claimed to have invented the concept. We're just the first to take this concept nationally and to brand it. With the results we're achieving, our timing must be perfect.

RE: Allison James Launches National Virtual Real Estate Brokerage

Comment by: Robert Steele

- Mar 23, 2008 12:42:02 AM
It is nice to see more proactive Franchises out there. We have developed and help open the very first Virtual Real Estate Brokerage in Alberta Canada.
www.maxwellcitycentral.com
All of the REALTORS use Tablets and do paperless transactions. We give them branded website marketing tools, Virtual training and we generate both buyer and seller leads for them and after all that the listings get uploaded on over 2400 websites 60 minutes after they broker load the listing.
We have a system for them to do all of their online and offline marketing and use cooperative marketing so everyone keeps costs down.
Robert Steele
www.internetbrokers.ca


RE: Allison James Launches National Virtual Real Estate Brokerage

Comment by: Bill Kelly

- Jun 19, 2008 12:05:29 PM

I like the concept and feel there is a tremendous benefit to seasoned agents.  It is thought provoking because what is the definition of a seasoned agent.  How & who measures the seasoned agent.  What are the standards?  If this model is done correctly and agents standards are measured we could be discussing in blogs to come the industry that is not particpating in the business model.  With change comes opportunity.

RE: Allison James Launches National Virtual Real Estate Brokerage

Comment by: Mike Carraway

- Jun 27, 2008 4:55:02 AM

The concept is not new.  I even have a few "virtual agents" who live more than 60 miles from the office.

The problem we have been experiencing of late is that newer agents have no idea what the law is.  An agent affiliated with our company a month ago, and after practically begging for the agent to come in and sign some necessary (and state required) policy disclosures, the agent left to persue opportunities with a "less strict" broker.  I have no idea how the new broker will corral the agent but I wish him luck.

Add in the Virtual concept and you will have agents operating outside the law all over the place.  There are so many agents under 40 who believe that they can do and go as they please with total disregard for industry laws.  Most of them operate from a solid base of ignorance and this will catch up with them at some point.  Unfortunately, this also means that it will catch up with their Broker in Charge as well.

Unless an agent has been in the business for at least 2 years and have at least 40 or 50 transactions under their belt, this type of business model could be diasterous - for the Broker, the agent, and the consumer.

One last thought - if every company went to the virtual office model - where would new "seasoned agents" come from?

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