Realtors: Starting own real estate company to keep all my commission.... |
- Starting own real estate company to keep all my commission....
- Online Realtors License
- LPT: If your home inspection doesn't have a picture of every item that needs to be repaired, fire your inspector!
- Illinois Managing Broker qualifications
- Unemployment for real estate agents amid COVID-19??
- 100 percent commission brokerages for buyer's agent
- If the real estate industry is booming, could the public expect to spend more on buying and renting?
- Any insight on how long lenders are willing to compromise on the closing of escrow day?
- Appraisals
- Do you or your brokerage ever use PPC (like adwords) for listings?
- Open house traffic
| Starting own real estate company to keep all my commission.... Posted: 22 Mar 2020 10:38 AM PDT I might have a potential opportunity to keep all my commission & need some professional guidance. I have a situation where my current client (he is the Uncle of a family friend) is retired but kept his Brokers license. He didn't use it for his main job, but rather having this license was just easier in his engineering job that he had. He proposed that I put my license under him, and he would name the real estate company whatever I wanted. And he wouldn't charge me a commission. I would obviously still need to pay my fees to MLS and have to get a new web sight and find a new CRM etc. But what else am I not thinking about? I don't know the proper way to start your own real estate company and don't know what resources to look into. What things do I need to consider, and is there any books, websites other businesses that could help explain the process in setting this up? What's a good starting point to start researching this? I don't want to jump into anything without knowing what to expect. Thanks for any guidance and direction you can offer. [link] [comments] |
| Posted: 22 Mar 2020 11:50 AM PDT Now that I will be off work for the foreseeable future because of the virus. I would like to get my license since it has been something I've wanted to get the last few years. I want to get in online and I live in Pennsylvania. What's the best companies do obtain it online from? There are so many out there. Thank you. [link] [comments] |
| Posted: 22 Mar 2020 11:27 AM PDT Inspectors get paid a pretty penny by you guys. If they're too lazy to include pictures off ALL of the items that need to be repaired, this is a major red flag that they are too lazy to do their job properly. [link] [comments] |
| Illinois Managing Broker qualifications Posted: 22 Mar 2020 09:22 AM PDT Hey everyone. I am applying for a reciprocal license in Illinois and wondering what to expect in terms of actually getting a license. Are there specific courses that are mandated by the Division of Real Estate? I ask because the company I work for is opening an office in Illinois and need a Managing Broker. Since I am their MB in another State they asked me to get an Illinois license. I passed the exam and sent in the application, the check, fingerprints, and license history from where I'm currently licensed for the last 30 years. What else do you think will be needed? Thanks very much for your help. [link] [comments] |
| Unemployment for real estate agents amid COVID-19?? Posted: 21 Mar 2020 02:28 PM PDT I was wondering if anyone who has now stopped showing houses and what not do to the coronavirus has filed for the emergency benefits that are set in place for people that are no longer able to work. I know if you really wanted to go show homes to people you still can in a lot of places but where I live (WA STATE) we are beign told to stay home... Real estate is not an "essential" business as of right now and I am wondering how to get more info on whether I can qulaify for these benefits because I am no longer generating any money directly due to sheltering in place as advised by our Gov. [link] [comments] |
| 100 percent commission brokerages for buyer's agent Posted: 21 Mar 2020 09:20 PM PDT Newly-qualified RE salesperson here (I just passed my exam). As I look around for a brokerage, I've started learning about the "100 percent commission" brokerage, where you pay a fee per month or per transaction, rather than splitting commission based on percentage. I understand the pros and cons. However, everything I read about these 100 percent commission brokerages make me think they apply for when you are the SELLER's RE salesperson. Some of the websites talk about the flat fee "when you make a sale" or something. But, real estate salespeople can also act as the buyer's RE salesperson. So - do these 100 percent commission brokerages have the same flat-fee structure regardless of whether you are the buyer's or the seller's real estate salesperson? Or does it only apply when you are the seller's salesperson? [link] [comments] |
| If the real estate industry is booming, could the public expect to spend more on buying and renting? Posted: 21 Mar 2020 10:30 PM PDT I'm a renter who's looking to prepare for September, when my lease will be up and I'll be seeking cheaper housing. I hear that the real estate industry is doing well right now - could this mean an increase in rent prices? [link] [comments] |
| Any insight on how long lenders are willing to compromise on the closing of escrow day? Posted: 21 Mar 2020 01:31 PM PDT Currently, lenders are recognizing the situation, in addition to being swamped with loan applications, and have started agreeing to longer COE dates. Instead of 30-days, I have started seeing 45-day and 60-days, have you seen anything higher? My current buyer loves the idea, since it gives 45 more days to see how the current crisis develops and is willing to lose earnest money if needed. [link] [comments] |
| Posted: 21 Mar 2020 04:52 PM PDT Hey all. For those of you who are still able to get appraisals done, how are things going? Have you noticed if appraisals are coming back lower or higher compared to pre-covid? [link] [comments] |
| Do you or your brokerage ever use PPC (like adwords) for listings? Posted: 21 Mar 2020 07:00 PM PDT |
| Posted: 21 Mar 2020 04:20 PM PDT For those of you doing open houses this weekend hows your traffic? Just curious [link] [comments] |
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