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    Thursday, May 28, 2020

    Realtors: Paid Follow-Up Services

    Realtors: Paid Follow-Up Services


    Paid Follow-Up Services

    Posted: 28 May 2020 06:57 AM PDT

    I apologize in advance because I imagine this has been discussed before. I couldn't find it in my 15-second search of the group though (ironically, my search was about as thorough as my typical lead follow-up).

    I generally get all of my business from referrals. I love that I can say that. I could also stand to take on more business so I've been paying for BoldLeads. The leads they send are actually pretty good for internet leads. I've had a couple of brief conversations with people and they've seemingly been receptive. I've also seen a number of leads come through and then see the listing shortly thereafter (just not my listing).

    I know that if I can get an appointment, I can typically have a good conversion rate. I am looking at a company to do my calls/texts/emails to the leads so that I can actually convert. Radius Assist is the one I'm currently looking at. It's going to run about $370/mo so it's not cheap. That being said, if it helps me convert 1 extra listing every 3-4 months, I'm certainly coming out ahead (by the time I also factor in the BoldLeads subscription).

    I get nervous about releasing control or letting someone speak on my behalf but I also need to just hire someone to take over where my biggest weakness lies. Do you have any experience or have you heard anything positive/negative from any specific companies doing this?

    submitted by /u/gmenfan81
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    Selling a house before its built.

    Posted: 28 May 2020 07:54 AM PDT

    Was wondering if anyone has had any experience selling a house before it has been built. Short story: Got new Job had to relocate to a different state but was not able to break purchase agreement now need to sell.

    submitted by /u/valgrind-gdb
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    FSBO/Expired Calling Laws

    Posted: 28 May 2020 12:29 PM PDT

    I am currently studying for my real estate exam and I have already started learning the job from online coaches.

    I see that most coaches teach to call FSBOs and expired listings for lead generation.

    I just learned in my class that it's illegal to call FSBOs unless you have a buyer and Expired listings unless you have an established business.

    Are most realtors violate this law or is there a caveat to the law I'm missing?

    submitted by /u/nerd_gettingfit
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    Tech and money savvy owner selling home in top coveted neighborhood, no need to carpet bomb promote and update to command fair price, easy work for agent, how to find one who doesn't insist on inflated asking price, drone photography, magic video tours, and other jobs for them and their teams?

    Posted: 28 May 2020 12:18 PM PDT

    Advice on looking for realtors online?

    Posted: 28 May 2020 12:13 PM PDT

    Hey guys,

    My father's looking for a real-estate agent in Tampa to sell his property and looking for one online is a new experience for him. He had some questions and since I know nothing about real estate kick the question to you all for answers -- here's the email verbatim:

    (1) Do listwithclever.com and redfin.com deliver what they promise of 'full service support to sellers' while charging discounted fees than the conventional real estate agents. (2) If they used above site, How much they saved in commission charges? (3) Does anyone have a better suggestions then the websites I described above?. If yes, which are the other services they recommend to save on real estate commissions.

    (hopefully the correct sub for this advice, but I appreciate the help in advance)

    submitted by /u/mirchman
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    When the seller's agent says that there's another interested buyer - is it reasonable to ask for proof?

    Posted: 28 May 2020 02:57 AM PDT

    Who buys and sells multi-million dollar homes?

    Posted: 27 May 2020 01:06 PM PDT

    I'm in SoCal where starter homes are in the $600-$700K range and $1M homes are not in the luxury category. I mostly work with first time home buyers and buying a starter home requires family help for the most part, even for dual income couples with great careers. The average price in some neighborhoods are $2-$5M and I'm just curious who are the buyers and sellers for these homes? and are most of these buyers using jumbo loans for these purchases or they are mostly upgrading by selling a cheaper home they bought earlier.

    submitted by /u/RealtorInLA
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    The 60-hour pre-licensing course (MD)

    Posted: 28 May 2020 07:50 AM PDT

    Is it required to take the 60-hour pre-licensing course? It appears so, but do these courses provide something to the state indicating completion? Or could someone just teach themself and take the exam?

    https://www.dllr.state.md.us/license/mrec/mrecproviders.shtml

    Any free online approved courses? The cheapest I saw was $245

    https://www.myacademyclasses.com/md-pre-licensing-online.html

    submitted by /u/ske1555
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    Do agents make commission on the purchase price or net price?

    Posted: 28 May 2020 06:04 AM PDT

    I've scoured the internet but can't seem to find the answer to this. My question is pretty much based on seller concession. If the purchase of a property is agreed upon to be around 300,000 with the buyer requesting a 10,000 seller concession leaving the net to be 290,000, is the accepted practice for the realtor to make a commission on the 300,000 or 290,000?

    submitted by /u/Goodjorge
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    How do you find an agent that doesn't mind putting in lowball offers?

    Posted: 28 May 2020 02:50 AM PDT

    Just wondering. Some houses just aren't worth that much. Why so afraid to offend the seller? If the sellers has such a big premium, why can't I put in such a big discount? And we meet at fair value?

    submitted by /u/MatthewNagy
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    My real estate agent folks, did you guys have self doubt and lack of confidence in the beginning?... Hearing your personal story shared, and absorbing anything I can pick apart from it, would mean a lot. From downfalls to your successes, to where you are now. Hope everybody is healthy...

    Posted: 27 May 2020 07:23 PM PDT

    Real estate is 100% what I want to do. It wasn't my original dream career, as I originally was on my way to becoming an MD, but unfortunately, physical health which turned to mental health issues kept me from getting through med school.

    I am studying for my license exam now. I took a year to educate myself about the career (the pros/the cons), I've read countless books. This is what I want to do. I just haven't taken my first step yet, and I guess the residual "feeling like a failure" vibe because I couldn't make medical happen has my confidence a little shaken (it was only 16 months ago when I took my permanent leave).

    I won't lie, I have the type of mind, that creates very high levels expectations. I won't lie, I want to one day be making the $300k plus yearly income like a lot of you "big dogs". But I also want to study and master the craft and most importantly FALL in LOVE with the craft. I expect to fail, I don't expect to come out the gate making $100k. But I do expect to grow, and I won't accept not reaching levels I set out for myself.

    I'm scared, my confidence has been really shaken the past couple years, but I'm willing to get to work and start putting in the grind...

    Thanks for anyone who shares the story! And again, I hope whoever reading this, is healthy as well as your loved ones...

    submitted by /u/Ocelot859
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    Seeking advice on prospecting a metropolitan.

    Posted: 27 May 2020 04:12 PM PDT

    I'll cut to the chase:

    I'm in the Napa/Solano County region of Northern California and have been hearing A LOT of talk about a possible exodus from Bay Area residents into the valley.

    I want to be ahead of the game and start prospecting in San Francisco/Oakland/Berkeley with the hopes of finding a buyer who will be interested in investing in my market.

    Obviously I'm not active in any associations in the Bay Area so my primary resource is to make calls.

    What does the dialogue sound like when trying to pull people into your community?

    Am I aiming for an email to put them on a drip?

    Perhaps a social media campaign?

    I'm curious how you all have prospected an outside market, with the intention of bringing them into your market.

    submitted by /u/Tunago_
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    Broker license

    Posted: 27 May 2020 01:05 PM PDT

    Do you need a broker license in Illinois in order to sell houses? Or do you just need a real estate license?

    submitted by /u/Thekillerisme99
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