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    Tuesday, March 10, 2020

    Realtors: Checklist you live by as a realtor?

    Realtors: Checklist you live by as a realtor?


    Checklist you live by as a realtor?

    Posted: 09 Mar 2020 09:35 PM PDT

    I'm newer to the industry and understand the importance of a checklist for both buyer and seller sides of the entire process. While most resources for checklist found online for newer agents are very vague, I have come across a very small handful that seem helpfull and more detailed, for that matter. What kind of checklists do you use most on both the buyer and seller sides of the transaction and what checklists do you give to your clients, especially on the listing side, to help make it through the transaction smoother for both yourself and your clients?

    Would appreciate any advice, resources, or struggles you have had on this matter!

    submitted by /u/csmetz1991
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    Coaching - Specifically Travis Robertson

    Posted: 10 Mar 2020 01:34 PM PDT

    There are a lot of posts about coaching but I am not seeing anyone posting about experiences with Travis Robertson's Coaching Program? I am trying to get some kind of unbiased feedback. Anyone? Worth the money?

    submitted by /u/tomzak14
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    Trying to sell property

    Posted: 10 Mar 2020 01:10 PM PDT

    I own property and it's been on the market for 95 days and I'm trying to sell it quick but my realtor kinda slack and no response most of the time I call or send text. Need some ideas on selling my property quicker than what she is able to do. I've found the property that I want, wondering if I could use my property as a down payment for the property I want my property is priced at $25,000 and the property I want is $12,500 is this possible to use property as a down payment ?

    submitted by /u/Thefungieye
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    Italy suspended mortgage payments...

    Posted: 10 Mar 2020 08:07 AM PDT

    Any suggestions for marketing a house with an inverted floor plan?

    Posted: 09 Mar 2020 04:52 PM PDT

    I'm representing the sellers of a 3,000 sq foot waterfront home that has been on the market for a couple of months. We've gotten a good number of showings since waterfront homes are in big demand here (Maryland). In spite of generally positive feedback on the finishes, space and location, the one consistent negative is that the home has an "inverse" floor plan: the main living level with kitchen and living room is up a full flight of stairs, to take advantage of the water views, while the lower level has the large master suite and second living area, as well as laundry and access to the 2-car garage.

    Most of the feedback from showings has said the house is priced well, although maybe a quarter say it's "too high." We've had no serious offers in the 3 months it's been on the market, but it was over winter when activity is low. We've seen a noticeable uptick in showings lately, but no hint of interest so far.

    The sellers aren't panicked or even discouraged, but we are going to sit down tomorrow to discuss some ideas for getting the house moving. Is a price reduction the only real option? The seller asked if there were any means of "targeted promotion" to people specifically looking for an inverted floor plan like that. I said I would do some research, but I'm at a loss there. It's not even a listing descriptor option in our MLS.

    The house is listed in the mid-500s, which I thought was a pretty fair price, given size, location, etc. They even had it appraised last summer before listing it and the appraiser said $615K! I know, I know, appraisers and all that... but I still think the house is great. While it was originally built in the 90s, you wouldn't know it from the interior, as they've made updates throughout--the master bath in particular is huge and spectacular, just redone a year ago. It has modest utility costs, nice views (on a canal, not open water), a boat dock w/ lift, two fireplaces... it's just a great place IMO.

    So any ideas would be welcome!

    submitted by /u/Boris_Godunov
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    Young University Student Looking for A Mentor (Toronto)

    Posted: 09 Mar 2020 12:32 PM PDT

    Hey everyone,

    I have seen this done before with some success so I am going to take a crack at it.

    I am currently a university student who will be starting my first co-op term this summer. Although my program requires me to find a paid experience I can work around this. Anyway, I am an Urban Planning student living in North York, Toronto, ON. I am very interested in pursuing a career in Real Estate and with a job term coming up I was hoping to find someone that can help show me the ropes in this industry and guide me throughout my journey to becoming licenced after graduation.

    Any other tips on places/people I might want to be in contact with would be greatly appreciated. Thanks.

    submitted by /u/6godblockboi
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    [CA] Can I ask buyer to send me, not escrow, the earnest deposit?

    Posted: 10 Mar 2020 12:09 AM PDT

    I had another thread asking about liquidated damages clause, and understand that it (3% cap) is not free money for the seller if the buyer defaults. I believe the buyer has all the intentions to purchase my house. I have all the intention to see the sale close. It's my turn to counter a low offer. I can accept the low offer, but want to protect myself. Can I ask to have 3% deposit sent directly to me, the remaining 7% goes to escrow? This way, if the buyer walks away, I do not need to endure arbitration to fight to have the 3% released to me while not being able to relist my house.

    Is this unheard of?

    submitted by /u/alwayswant2learn
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    [CA] Is it possible to have buyer put more than 3% on the line (re: liquidated damage clause)

    Posted: 09 Mar 2020 09:45 PM PDT

    I'm the seller. Currently, we are going back and forth with a buyer through offer and counter offers.

    I'm willing to take a low offer with the intention to make sure the sale goes through. The buyer agreed to remove all contingencies, buy AS IS, and put down 10% deposit. However, we signed the offer with following clause. If I read it correctly, basically, this protects the buyer with a 3% cap in damage in case they decide to walk away after getting in contract, right?

    Is there any way for me as the seller to ask for more than 3% (ideally all 10% deposit) damage should they walk away? Or, is the request against law?

    B. LIQUIDATED DAMAGES: If Buyer fails to complete this purchase because of Buyer's default, Seller shall retain, as liquidated damages the deposit actually paid. If the property is a dwelling with no more than four units, one of which Buyer intends to occupy, then the amount retained shall be no more than 3% of the purchase price. Any excess shall be returned to Buyer. Release of funds will require mutual, signed release instructions from both Buyer and Seller, judicial decision or arbitration award. AT TIME OF ANY INCREASED DEPOSIT BUYER AND SELLER SHALL SIGN A SEPARATE LIQUIDATED DAMAGES PROVISION INCORPORATING THE INCREASED DEPOSIT AS LIQUIDATED DAMAGES (C.A.R. FORM RID).

    P.S. My realtor appears to think that 3% cap is by law, so there is not much we can do. But I want to double check with the community.

    P.P.S. I read in this same sub that some buyers do intend to walk away from their contract giving up their earnest deposit given the market situation. 3%, maybe, but I'd think 10% will make a buyer think hard about walking away.

    submitted by /u/alwayswant2learn
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    Best FB lead gen tutorials?

    Posted: 09 Mar 2020 09:22 PM PDT

    Want to get my online marketing strategy going. Not sure where to start. I have about a 250 budget for ads

    submitted by /u/mesadmesad
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    How do you keep organized?

    Posted: 09 Mar 2020 01:18 PM PDT

    I do a ton of prospecting.

    I've got people calling me from months before and I keep a general list of priority clients, but sometimes forget about people who have called me a week ago with minor interest in buying property.

    I need to improve my organization. Tips?

    submitted by /u/mesadmesad
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    Just starting out

    Posted: 09 Mar 2020 03:23 PM PDT

    Just starting out ! Torn between starting on a team almost as a partnership with an agent who is also newer who has few sales a year or starting on a bigger team as a buyers agent only. Please give me all insight! I really need it.

    submitted by /u/goforit76
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    Might be a dumb and unnecessary question, but how do I do an open house on another agents listing?

    Posted: 09 Mar 2020 01:19 PM PDT

    I'm looking to do my first open house this weekend but I'm a bit confused on how to do it. Do I just pick any listing and ask the agent if I could do an open house on their listing? What are the do's and don't of it?

    submitted by /u/hoemarrr
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    CRM Email Buyer Drip Campaign

    Posted: 09 Mar 2020 12:28 PM PDT

    Thinking about switching up my drip campaign, anyone have a good one they have been using?

    submitted by /u/Potosi88
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