Realtors: First Million Dollar Listing |
- First Million Dollar Listing
- How can I connect with realtors
- Lots of views, no showings: how long to wait for price drop?
- Pyramid schemes/MLM
- Race To The Bottom With Listings
- Hacking my listing
- What is your most creative way to advertise a listing?
- GREL Course Feedback..?
- Mailer Strategies?
- Recruiting agents to eXp or my own brokerage?
- How often do you follow up with your sellers? What if there has been no activity?
- How price conscious are you with photo/video?
| Posted: 26 May 2020 06:59 PM PDT After six years in the business I finally secured my first 1M+ listing. Feels good man, feels good :) [link] [comments] |
| How can I connect with realtors Posted: 27 May 2020 07:39 AM PDT Hi Realtors I've been a loan officer for a long time. And having problems establishing relationships with realtors. Any time I ask for advice I get the same response; be friendly, make connections, and network. I have no issues with making friends in my day to day. I'm not a shy guy and very personable. At this point it seems impossible. I bring a ton of value to the table, I personally generate 20+ pre approvals per month, I close 7 to 15 loans per month. I've tried zillow comarketing with realtors, I've sent realtors my pre approved clients. But never get anything back. Would love some feedback and advice. [link] [comments] |
| Lots of views, no showings: how long to wait for price drop? Posted: 27 May 2020 12:32 PM PDT Seller, not a realtor. We have a large (4500 sqft) home, at the upper mid to upper price range for our area. I think we might be overpriced. We are getting a decent amount of traffic to our listing but we've only had one showing, about 1800 views, and only 3 saves (all on Zillow). I want to avoid seeming desperate - we did a 5k price drop already. What is the right amount of time to wait? I don't think we are way over, and it might just be that there aren't a lot of buyers for this type of home, but I think we will eventually drop. We've been on market for 20 days. What would you do? When would you lower the price? [link] [comments] |
| Posted: 27 May 2020 11:15 AM PDT Hey guys! So I'm still taking courses, but have been trying to network a bit in my city and meet realtors in my area to get some extra info regarding brokerages. Just setting myself up for the job itself after licensing. I'm coming across SO many pyramid scheme brokerages.... I'll be honest, 100% of the brokerages I've spoken with have talked to me more about "sponsoring" than selling homes. I'm feeling extremely defeated; I know I'm barely even beginning, but I want to get into this industry to close deals and SELL HOMES... not recruit new agents. Is there any way to weed out these recruiter-style brokerages? Is there even such a thing as a brokerage that wants to focus their energy on closing actual deals? I feel very lied to right now, to be truthful, by many of the agents I'm speaking with. I feel like all of them are just trying to recruit me to their company to get a cut. I don't feel like I've received any honest feedback regarding the company they work with. Any advice for sifting through the sponsor/recruiter BS and getting to the actual job? [link] [comments] |
| Race To The Bottom With Listings Posted: 27 May 2020 07:36 AM PDT As a real estate agent I've noticed more and more in the industry agents lowering their fee for listing a property to well below average rates because of the competition to get listings. I've seen some seen some agents who will list properties for a couple hundred dollars (in high end California Markets) as enter only listings as a way to try and get a high volume of listings with low service towards their clients. Do you see this as a common trend going forward in the industry? As a real estate agent, I believe service is everything and I know quite a few of these low end discount agents aren't giving as good of service to their clients, which will most likely affect those agents later on down the road if they get poor reviews. However, at a certain point do you feel like more and more homeowners would rather take the risk because of the much lower cost? How do you balance staying competitive, still offering great service, and making enough to support a family? [link] [comments] |
| Posted: 27 May 2020 07:15 AM PDT Hi realtor friends! I am not a realtor, but to clarify, I don't have animosity towards realtors. My wife and I are listed with a realtor that, for the most part, has been okay. However, we have a background in marketing, so we've done some extra work on our end to try to push the market a bit on our home. While Zillow is the frenemy realtors can't live with, but can't live without... we know Zillow is the lens most buyers see through. So, we've spent some time trying to make our Zillow listing even better. Here's some of the things we've done: - Our original pictures were somewhat subpar. We shot a few replacement pictures; the realtor agreed that our shots were an improvement over the originals. - The first description our realtor gave us was, to put it bluntly, bad. Bad grammar errors, punctuation problems, all capitalized words, etc - it's obvious that this realtor's main strength is at the negotiating table. So, we wrote a new description! - Facebook and Google Adwords ads. This is probably the weirdest one, but we're directly marketing the house on Facebook and Google Adwords, with a link to the Zillow listing. - We shot a pseudo-professional walkthrough video, with a little basic editing in iMovie. It turned out good enough that the realtor is going to use it in some of their promotional material for the home. So, I posted this to ask: do these strategies help, hurt, or do nothing? If we get a lot more traffic to our posting but we don't see a big uptick in "Saves", does that signal good or bad to potential buyers? We love experimenting with these things! Thanks for the conversation in advance. :) [link] [comments] |
| What is your most creative way to advertise a listing? Posted: 27 May 2020 06:50 AM PDT Does anyone have creative ways they market a property besides the obvious social media sites that they would like to share? Do you do something with great ROI that you can't believe it works? [link] [comments] |
| Posted: 27 May 2020 06:34 AM PDT hello! Anyone having some direct experience on Grel broker course - any good..? Many thanks! [link] [comments] |
| Posted: 26 May 2020 07:54 PM PDT Is the purpose of sending direct mail over time to get people to call you? Or should you still be following up with people you mail stuff to? What exactly are the advantages of direct mail? [link] [comments] |
| Recruiting agents to eXp or my own brokerage? Posted: 26 May 2020 07:22 PM PDT Trying to get some advice here. I'm close to getting my license. I have the opportunity to go into business as my own brokerage with a Broker of record lawyer supporting me, or joining EXP. My goal is to attract agents, would it be easier to recruit agents to my own brokerage, even though it's really just a office room with extra paint and drywall, or would it be easier to recruit to exp where they have a whole bunch of tech that agents are able to get their hands on. My brokerage would be a 100% commission with 199$ a month and 199$ per transaction. Exp is only only 85$ a month and honestly offer a lot more then what I would be able to offer. Commission is 80/20 and caps at 16k, plus it gives the agent a chance to build their down line as well. The thought of having my own shop is nice, but I feel like I can't offer as much as exp. Thoughts on competing with exp? Disclosure: I'm an investor, I own 30 units. I won't be selling residential retail houses. But would mind building an agency where other agents do that, the 200$ a month income from agents would be nice :) [link] [comments] |
| How often do you follow up with your sellers? What if there has been no activity? Posted: 26 May 2020 01:57 PM PDT Interested to hear from other Realtors about your follow up with sellers when there have been no showings or offers. [link] [comments] |
| How price conscious are you with photo/video? Posted: 26 May 2020 04:27 PM PDT I live in LA and most homes are $1M+. My style is more editorial/luxury and realtors seem to like that here. I'm thinking of bumping up my rates by $50-$80 or so. If my rates are generally in the range is that fine (still super reasonable but I was pricing cheaper than most photographers here) or are realtors really picky like $20 difference they rather choose another photographer? Thanks! [link] [comments] |
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