Realtors: Real Estate Exam vs. Textbook |
- Real Estate Exam vs. Textbook
- When to make the jump?
- Anyone just get burned out?
- Out of State Resident of TN, licensing
- Who is killing it with Facebook buyer leads?
- What's important to you when it comes to picking a title partner?
- Selling rental property during COVID
- Choosing brokerage
- Getting into Real Estate...
- Dealing with a shitty listing agent!!!! IDEAS???
- Suggestions for newsletters
- WA Real Estate License, Would I be able to operate without a firm?
| Posted: 26 May 2020 08:28 AM PDT I'm taking a real estate licensing course right now but my teacher is kind of confusing to me and keeps adding more information/topics than are in the textbook we are required to have (essentials of NJ real estate), then kind of gets upset and makes us feel stupid when we ask questions. In your experience, if you just studied directly from the textbook, were you ok for the test??? Or is there material on the test that isn't in the textbook, which is why my teacher is going over extra stuff? [link] [comments] |
| Posted: 26 May 2020 10:50 AM PDT Hey everyone, I am a new realtor. Some background info: I Have been working since November. Things started slowly then gained momentum then slowed a bit with covid. Now business is starting to pick back up. I currently have 3 listings under contract, one of which is closing tomorrow, and about to pick up another later this week. I have 4 sets of buyers I am working with too. I also currently have a full time job where I work 3 twelve hour shifts (Monday- Wednesday). Anyways, I wanted to ask when should I make the jump to real estate full time? My firm says, "you'll know when it's time to quit your other job and jump in full time." I'm just wondering what others have done when they started real estate and how they knew when it was time to "make the jump." Thank you for all info in advance. [link] [comments] |
| Posted: 25 May 2020 06:52 PM PDT Is this normal? I'm just burned out from life and feel lazy. I think about Real Estate all the time and would feel like a failure if I quit. I think it's just my personal hygiene/depression, cuz I'm too down to even play video games or anything. Also, my sleep schedule is awful. I also work a part-time job and borrow my mother's car to make deals happen (I have 2 closings this month) [link] [comments] |
| Out of State Resident of TN, licensing Posted: 26 May 2020 12:00 PM PDT I live in Walker County Georgia, very close to Chattanooga, TN. I would like to get my license in TN rather than GA because there is a denser population in Chattanooga than the rural area of GA I live in. Is this possible if I'm technically a GA resident but live only 5 minutes from the border? [link] [comments] |
| Who is killing it with Facebook buyer leads? Posted: 26 May 2020 02:50 AM PDT What's your system? What are you advertising? Tell us everything. What questions have I not asked that I should have? [link] [comments] |
| What's important to you when it comes to picking a title partner? Posted: 26 May 2020 09:39 AM PDT Obviously fast, reliable service is the top of the list. What are some of the other main factors you take into consideration? I've just transitioned from my marketing position to full time title rep and want to provide the best service possible while growing my clientele [link] [comments] |
| Selling rental property during COVID Posted: 26 May 2020 09:08 AM PDT I have a listing that's a 2 unit home where the top is currently vacant and the bottom is currently occupied. I've been doing lots of virtual showings of the top unit/basement/yard but haven't gone into the tenants apartment to keep risk down. We have now received an offer and it's contingent on them being able to view the downstairs unit. The tenant down there is kind of a nut and is now refusing all showings claiming he's scared he's going to give them corona or they're going to give him corona (this isn't legitimate, he's tried everything he can to not get this house sold including faking being interested in submitting an offer). I obviously can't force him but he's going to have to eventually as it's in his lease that he's required to allow showings if the home were to sell. Any advice on how to move forward and keep this offer around? The owner needs to sell now [link] [comments] |
| Posted: 25 May 2020 04:01 PM PDT Quick post to discuss what you look for in a brokerage. What are some things new agents should look for? I've heard of some agents working with companies that offer 100% commission and some that don't. Why wouldn't everyone want 100% commission? What else should nee agents value in a brokerage?? [link] [comments] |
| Posted: 25 May 2020 10:21 PM PDT I have a few questions before I fully dedicate my time and put effort into this. I'm an Electrical Assembler, I want a change in my life and recently got the idea of becoming a Realtor. I'm 22 with no kids, which means that I have plenty of free time. What should I be expecting? How difficult is it to get the License? Did you go to college or got in a short term course? Please feel free to add more into the topic. Thanks! [link] [comments] |
| Dealing with a shitty listing agent!!!! IDEAS??? Posted: 25 May 2020 07:29 PM PDT So let me start off by saying I am a licensed real estate agent who has some pretty picky buyer clients that I'm trying to find a perfect house for. With COVID-19 going on, there isn't the variety of homes hitting the market like before. Surfing Facebook and Craigslist I finally found a property that was "For Sale By Owner" which was perfect for them in almost every way. I called up the owner (who agreed to pay a seller's agent a 3.0% commission) to schedule a showing at an agreed-upon time. When I pulled up to the for sale by owner house with my clients, the seller and a couple of other people were there to show us around. One of the people that was there was one of the seller's friends (a fellow realtor). The seller of this property informed me that he was not at all represented because weeks before his friend/realtor left town for whatever so the seller decided to list for sale by owner to see if he could receive any hits on his property until his agent was free to list for him. After looking around this particular property the friend/agent told me if we are to make an offer to send it to him. After talking with my buyer clients, they were in love and decided to make an offer. Since the seller himself told me that he is in no way represented by the friend/agent to send offers to him, I figured I would again call the seller himself to clarify what he would like me to do as the agent was bugging me twice a day for 2 days. After talking with the seller yet again, I told him whether he is represented by the other guy or not, it does not make any difference to me, but (as the selling agent) would 3.0% compensation be ok, and who do you want me to send paperwork to? He told me to send the offer to him (the seller) directly and that 3.0% is fine. I decided to call the friend/agent to ask what type of representation they had with each other and he told me none, but to send any offers to him. After working all this out I decided to write up this offer subject to a "Compensation Agreement" like the seller and I spoke about and sent it over. The next day I receive a signed offer back with a counteroffer stating "the agent working with the seller is acting as an agent of the seller". My clients agreed, signed everything, and sent it back. The "NOW" listing agent thinks that we are pending contract but my offer was dependent on the compensation agreement being signed, so unless there is a counteroffer or an addendum stating otherwise, we would not be pending, and the contract would be void. I emailed the listing agent to ask about this who replied: "Thank you for the signed RE-13. The seller won't be singing this compensation agreement. The seller has a rep agreement with Berkshire Hathaway HS Silverhawk Realty and is paying 4% commission with 2% being paid to the cooperative brokerage." Now I know that this is a "6.0%" brokerage, and this agent is supposedly helping out his friend as all commissions are negotiable, but is he really? I've done all the work on this and I feel this guy jumped in to be skeezy as hell. He had to do no work at all, didn't have to list this home, is charging his "FRIEND" an extra percent, and I'm now getting 2.0% instead of 3.0% because this guy's a piece of shit? It's not even because I'm making less, It's the point of the thing. Is there anything I can do? Thank you guys, I'm just a little frustrated! [link] [comments] |
| Posted: 25 May 2020 06:32 PM PDT Hello fellow realtors I'm looking for a good website or a newsletter that constantly keeps you updated with any news pertaining to the real estate market, any suggestions? [link] [comments] |
| WA Real Estate License, Would I be able to operate without a firm? Posted: 25 May 2020 03:26 PM PDT Hi, I'm currently a student at a university and I'm thinking about getting a Real Estate License. This isn't something I would do full-time, however, my parents acquire some residential and commercial property every year. My question is that with a Washington State Real Estate License would I be able to represent them and facilitate their property investments (buy and sell real estate for them) without being a part of a big firm? If not, would I be allowed to start my own "firm" that just represents a single customer (my parents)? Sorry if this is a stupid question. [link] [comments] |
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