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Microcap & Penny Stocks : LINC - Plenum Communications (was PLNM) -- Ignore unavailable to you. Want to Upgrade?

To: ztect who wrote (104)	5/17/1998 6:49:00 PM
From: Turboe	Read Replies (1) \| Respond to of 837

Folks, I am a real estate broker licensed in 5 states as well as a CCIM; and my major in college was real estate finance. I have done millions in sales and 10,000,000 on my own account. This is mortgage brokerage. It is illegal for a real estate broker to get a fee for financing-- at least in Indiana, Illinois, N. Carolina, Kentucky, and Florida. That applies to residential financing. Commercial is another ball game. So what in the hell does real estate brokerage have to do with PLNM? BTW, 95% of residential sells are done with Seller's brokers. And on the commercial side it is probably HIGHER. As for commercial-- why in the world would I, as a listing broker, take a investment property to an Investor who is represented by a Buyer's broker? I would take it to an Investor DIRECTLY so I can keep 100% of my fee- Listing property is HARD and cutthroat. I would suggest you all stick to stocks-- does not sound like ANY of you have a clue as to how real estate brokerage ACTUALLY works. That said-- PLNM is a very, very good idea. I bought as soon as my DD was done. Loan brokerage on the Net is going to be BIG.