Realtors: Theory: we will soon see an influx of resale, price-reduced inventory going on the market due to AirBnB/VRBO crash. Thoughts? |
- Theory: we will soon see an influx of resale, price-reduced inventory going on the market due to AirBnB/VRBO crash. Thoughts?
- Difficult Agents
- How Much Does Launching Your Career As A Realtor REALLY Cost? (Hard Truths Welcomed)
- VanEd vs. Kaplan & does it really matter?
- Inside sales agent
- How far in advance should I look to rent a house?
- Chances of buying two houses next to each other ?
- How can I find success as a real estate agent at a young age?
| Posted: 13 Apr 2020 10:50 AM PDT There is currently a 14-guest, 5-bedroom, 10-bathroom AirBnB in my city (Austin) going for $79/night right now. Even if it were to be rented for the entire month of April, that's $2370 in pre-fee/tax gross revenue. It's highly unlikely that a house of that size has a mortgage payment less than that. Do your own search in your own city. You'll find rental rates are tanking right now as hosts are finding themselves with homes that nobody wants to rent. Many of these hosts have 3, 5, 10, 30 properties that they're renting out for which they're responsible for paying the mortgage, and have been using the rental income to pay for the mortgage on these homes. With the potential for there to be 2-3 months without viable income, it's possible that these homes could hit the market very quickly at a reduced price, in order to avoid paying the mortgage payments. It might actually be a good idea for realtors to reach out to these AirBnB hosts (if possible) and find out if they'd be interested in letting them list their properties for sale. What are /r/realtors thoughts on this theory? [link] [comments] |
| Posted: 13 Apr 2020 12:27 AM PDT I'm starting to learn that it's often not the client that gives you difficulties—it's other fucking agents! [link] [comments] |
| How Much Does Launching Your Career As A Realtor REALLY Cost? (Hard Truths Welcomed) Posted: 12 Apr 2020 04:00 PM PDT So I'm a "fortysomething" who's leaving both a career in the military and with the largest global telecommunications company on the planet to launch a career as a realtor. Both careers are financially comfortable, but have kept me from realizing my goal of becoming a realtor for the better part of two decades. With the kids in college, I can pursue "My Goals" now. I understand that the work will require a lot of 8 to faint, super human, entrepreneurial levels of consistent effort to become profitable and I have a handle on what becoming an agent and realtor cost initially. What I continue to get fuzzy or evasive information about is how much it actually cost to effectively launch and run your "business" successfully as a newly minted realtor. The goal is to invest what it takes to give my business a real shot at becoming profitable within 120 days AND to be around 10 yrs from now still getting it done without wasting time and money. Give it to me straight!!! All constructive straight talk, softball or harsh is welcomed. [link] [comments] |
| VanEd vs. Kaplan & does it really matter? Posted: 12 Apr 2020 10:02 PM PDT Hello everyone! I have looked through the sub and not found what I was looking for so I have decided to woman up and ask you all... I'm based in Colorado if that matters. VanEd is about half the price of Kaplan right now. My first question is: Does it really matter where you get your pre-certification education as long as you pass the exam? For those who have used VanEd, did you feel it was a good comprehensive course? My main concern, I should say, is retaining the information after the exam. Is the information in the pre-certification courses important information you should retain throughout your career as a realtor? If so, I feel the more expensive and interactive Kaplan course is the answer. If just passing the exam is what is important then VanEd could probably be okay at about half the cost, yes? Thanks in advance for taking the time to read this and your helpful answers! Hoping everyone is happy, healthy and safe during this strange time in our world. [link] [comments] |
| Posted: 12 Apr 2020 06:55 PM PDT Does anyone employ an inside sales agent to nurture leads? [link] [comments] |
| How far in advance should I look to rent a house? Posted: 12 Apr 2020 06:47 PM PDT I want to rent a house in July and have started to look at the beginning of April. I've been in contact with some agents about self touring a few houses everything starts out great, rapidly changes as soon as I get asked for the estimate move in date. ( Which is anytime in July for me) when I give them my response, they leave me on read and never respond back Or I get told I'm looking too far in advanced. Now for my question how far in advance should I be house hunting? [link] [comments] |
| Chances of buying two houses next to each other ? Posted: 12 Apr 2020 05:47 PM PDT Hi, Please let me know if there is a different subreddit this would go but it seems this would be the most informed audience. Has anyone been able to help a buyer buy two houses next to each other ? Or do you think new construction is the best bet to get this? If we go new construction , are you ever able to negotiate? Maybe with buying two houses during this lot they can lower some fees or something? Thank you for any advice or wisdom :-) My friend and I have just moved to Denver and our dream has been to be actual neighbors and have our kids grow up together etc. both first time home buyers. Have downpayments saved etc. I know this will be an interesting year with the pandemic so maybe we just look all year and by some miracle find two houses next to eachother but I'm thinking new construction is or only option. [link] [comments] |
| How can I find success as a real estate agent at a young age? Posted: 12 Apr 2020 03:07 PM PDT Hello everyone. I'm a senior in high school (turning 18 in a couple weeks) and I want to become a real estate agent. I am struggling with the decision of whether or not I should go to college. I got accepted into the business program at my first choice school, but I've been thinking about whether or not I really need to earn a degree to be successful. I don't want to go into student loan debt if I don't need to. If I were to get my license after I graduate, would I have a hard time trying to find a job in the industry without a degree? Follow up question: how would you recommend someone like myself get started in this industry? I know I need to find a broker with a training program, and I know a few real estate agents who said they'd be willing to give me some coaching. Other than that, what can I do to prepare myself for a job like this? Thank you all for your advice! [link] [comments] |
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