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State's new AT&T chief could revive franchise bill

Look for a new leader on the 21st floor of AT&T's Tennessee headquarters in the downtown tower.

Gregg F. Morton is the new president of AT&T Tennessee, replacing Marty Dickens, who retires Oct. 1. Morton, 50, is a career BellSouth employee who held several legislative affairs and public relations jobs with the company in South Carolina and Washington, D.C. He previously was president of AT&T in South Carolina. AT&T bought BellSouth late last year.

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Darn expensive commission

Commission on a house sale amounts to a lot of money and you need to make sure you get your money�s worth.

That is the advice of Barry Davies, CEO franchising of the Chas Everitt International property group.

"At current rates, consumers can expect to pay about R35�000 commission per R500�000. That�s big money, and consumers are entitled to make sure the agent they select to market the property can deliver," he says.

As a seller, you should draw up a list of questions to ask during interviews with prospective agents.

"Consumers should not shy away from grilling prospective agents � after all, it really amounts to a job interview and sellers have the right to ascertain that they are going to get value for money."

Questions you need to ask include: Are you a full-time professional agent, or do you sell property part-time? What qualifications and experience do you have? Will you commit to a written marketing plan, tailor-made for my property? Who determines the advertising budget and what amount will be spent? Do you have ties to a mortgage originator and what measures do you have in place to assist marginal buyers or those in unusual circumstances? What feedback can I expect and how often will you inform me of progress? Can you show me letters of recommendation from previous clients, and may I contact them?

Strive to establish a businesslike relationship with your chosen agent and don't necessarily pick the first agent you interview.


Chapman Enstone brokerage now a Wm. Raveis affiliate

SHELTON, Conn., and NEWPORT � The former Chapman Enstone Estate Agents of Newport has become William Raveis Chapman Enstone, an affiliate of the Shelton, Conn.-based William Raveis Real Estate, Mortgage & Insurance, the companies said today in a joint announcement.

�This franchise represents an exciting opportunity for us to partner with a significant real estate presence in the Newport community,� company chairman and CEO William M. Raveis said in welcoming the new office. �Chapman Enstone is a cutting-edge brokerage and highly respected in their area.�

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