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    Monday, March 16, 2020

    Realtors: How do you get business?

    Realtors: How do you get business?


    How do you get business?

    Posted: 16 Mar 2020 05:50 AM PDT

    Except for door knock and cold calls and soi. What are you guys doing on day to day basis to get business? I hear a lot of other agents saying " just get out there ". But I don't understand what Do they mean by that?

    submitted by /u/polo1990
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    Question for realtors and etiquette

    Posted: 16 Mar 2020 09:45 AM PDT

    I wanted to get the opinions of realtors and if maybe we should find a new one or if we are just being bad clients. We are in a situation of relocating a long distance. We found a realtor on friday and we found a house we really liked on Sunday, but we could not physically visit because of the distance. It was apparently very popular and already had multiple multiple, and we were told they would not accept any offer after 8pm. Our realtor recommended us offer 10k over the asking price and have us cover the closing, and stated that we needed to make the decision right away, and that they may stop accepting offers early, which sounded silly to me but put a ton of pressure on us to make a big decision with little time. It also sounded silly that they choose an offer and you dont get a chance to negotiate at all. Our offer ended up being chosen, but a counter came back from the seller and asked for an extended closing time so they could stay longer. I request that our realtor add in that we can come visit within the week as a condition. I know that should have been part of the original offer, but again, high pressure leads to not always thinking things through. She said absolutely not and that we either withdraw or take it. Again, I feel a ton of pressure, and felt like the request was worth making because they Seller could accept it and we are happy, or they can turn it down and move on. End result being the same as if we just withdraw. We ended up reluctantly withdrawing, feeling uncertain about buying a house without seeing it and that we maybe making a bad decision. Our realtor, while professional, shared her displeasure at turning it down.

    Was this request totally over the line? Last time I bought and sold a house, we had a lot of back and forth and it was fine. I felt like if the seller liked our offer, it really shouldn't be a big deal for us to come down in a day or two and give a final approval...

    Please let me know and if you have tips for buying a house in a different geographic area, please share.

    Edit: I should add in the the pressure part. When we received the counter offer, I wanted some time to think about it. She again pressured us, saying we needed to sign the counter offer right away. Apparently taking a couple of hours to think it over was a lot..

    submitted by /u/LeopoldStotch90
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    20 year old wanting to get into real estate

    Posted: 16 Mar 2020 08:52 AM PDT

    I turned 20 on March 1st, I have excellent credit already and I have over $50,000 and I make around $3,000 - $10,000 a month it varies heavily, but I'm expecting to make atleast $60,000 this year possibly over $100,000 though.

    I used to be a painter for landlords and house flippers, from the time I was 14 till I was 19, I always observed them and how they did business, I'm very very interested in getting my foot in the door, I don't know where to start at all.

    Am I financially ready? And where should I start?

    submitted by /u/mysteriousunknowns
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    "We want to wait because of the virus" How are you guys handling this objection?

    Posted: 16 Mar 2020 11:30 AM PDT

    Just like the title says, with this pandemic im sure alot of us are experiencing this objection when prospecting. How are you guys handling this objection? I appreciate your feedback!

    submitted by /u/SoggyPancaik
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    How common is it for clients to buy without actually visiting the home?

    Posted: 16 Mar 2020 11:24 AM PDT

    Curious about using Zoom meetings & virtual tours to show houses at a time like this, but I'm not sure how likely it is to yield any amount of success. Any experiences or speculation you share are appreciated!

    submitted by /u/maqswane
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    Feds cut interest rates to zero percent.

    Posted: 15 Mar 2020 05:09 PM PDT

    Help with laptops or tablets

    Posted: 16 Mar 2020 05:27 AM PDT

    So like the title says I'm new to the industry and I'm trying to decide best a laptop or tablet I have a desktop at home but I know I'll be herding cats shortly and will need something mobile I'm looking at the Microsoft surface does anyone on the thread have a suggestion?

    submitted by /u/jtb06
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    Any experience with realagemt.works?

    Posted: 16 Mar 2020 03:34 AM PDT

    Edit: typo in title. The site in question is realagent.works

    I am a realtor and looking to generate more of an online presence. I was trying to look beyond the standard Zillow, realtor dot com, etc. I came across realagent.works.

    I clicked for more info, scheduled a demo, and am debating signing up. I can't find much about them other than things from them, their own fb where reviews are not allowed, etc, and I know that is usually a red flag.

    Can anyone tell me about them? I know some of you know how to check when sites were created and whatnot. I don't know how to do that. It appears that they have been in business for a few years, but again, most of that is from them. I can't find much about them from users or subscribers.

    Help? Thanks in advance. Also going to crosspost in r/scams.

    submitted by /u/HotCuppaTeaOof
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    Realtors I need to ask you about ettiquette

    Posted: 15 Mar 2020 03:20 PM PDT

    I am a renter so don't have any knowledge on this. When houses are shown on zillow for rent, are those home owners beholden to the realtor company that posted the ad on Zillow? My father's realtor offered to help me find a place matching my criteria for rent. She is giving me some options - most of which I already found on Zillow anyways. I feel like I have to go to her if I myself find something that I want on Zillow. If I pick something out on zillow and let her know, does that mean she has to go and talk to the owner? Or does she go and talk to the realtor that posted the ad? How does this game all work? I don't want to hurt my chances of getting the house I want. Maybe the owner of the home wants to do only business transactions with his/her realtor, and won't even consider my application seriously if presented by the realtor that is helping me. I'm very confused as to how this works.

    submitted by /u/zertox3000
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    Selling lots

    Posted: 15 Mar 2020 12:23 PM PDT

    Most of my experience as a realtor has been selling houses for clients but now I have 8 lots I'm trying to sell where there will be a house but isn't yet. Is there different techniques for selling a vacant lot instead of a house? I assume there is but I'm not sure cause I have very little experience with it.

    submitted by /u/unfunnyrelator
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    Fed cutting rates

    Posted: 15 Mar 2020 09:38 PM PDT

    I've seen the headlines, but someone said this isn't the rate that home loans are based off of. Any realtors able to give me the skinny on home loans and what I could be looking at? Thinking this is a a good refi time of course. Someone on r/fatFIRE mentioned going as low as 2.75% but I don't know if someone with few assets but good credit qualifies for that. How/when should I go about the refi process?

    submitted by /u/BerryGoosey
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    Property managers

    Posted: 15 Mar 2020 07:17 PM PDT

    For those of you who have in-house maintenance workers.

    Is there any animosity from your maintenance/construction crew because you're not out working?

    I'm usually home by 430 pm and usually take most weekends off if I can. Yet the workers are still working Saturday's (by choice) and sometimes sundays. But today I had to take a call about some items in the store, and somehow it came up that I was at home, and he said "must be nice".

    I was wondering if you ever deal with the construction guys giving an attitude because you're seen as a paper pusher?

    We are kind of a close crew, 2 main guys, and each one of them has a helper.

    I'm seen as a upper class person as I manage 45 units along with making commissions from sales and flips, yet they know it wouldn't possible without their work.

    It didn't seem to be a problem when I was just starting and only managing 15 properties and running around like a crazy person. But now that I'm stepping back off the management and having an employee do most of the leasing work. I'm coordinating maintenance and making sure everything gets billed out to the owners and handling investors. Once I wrap up what needs to be done and then I usually take off for the day.

    submitted by /u/Harry_potts
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