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    Friday, June 5, 2020

    Realtors: Realtor Personality

    Realtors: Realtor Personality


    Realtor Personality

    Posted: 05 Jun 2020 06:04 AM PDT

    I've recently been looking into becoming licensed but the more research I do, I fear my personality isn't right. I am friendly, confident and capable but I don't have a pushy salesman personality. I also worry about negotiations. Thoughts?

    submitted by /u/scallywagg32
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    Advertising outside of Social Media?

    Posted: 05 Jun 2020 06:47 AM PDT

    Can anyone give me a suggestion on a great way to advertise homes without using social media? I've been using social media (mainly facebook) advertising for a while to get our office listings out there, but it's horrible and I'm tired of wasting my money and theirs. I would appreciate any help w. this! We are small and family run, myself and another realtor are the only ones who really know how to use the computer let alone advertise. I love these people and this business, I really want to see them and myself thrive in it... Thanks

    submitted by /u/thepicallojones
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    Can I advertise myself as an agent under a different name than my legal name?

    Posted: 05 Jun 2020 12:17 PM PDT

    This may sound silly, but from my younger years I had a moderately successful music career that still brings in income, and for that I use my real name. I just got my license, and don't want to use my real name for a variety of reasons that I'm sure you can understand. Is there anyway I can use a pseudo name for real estate, as to keep areas of my life separate? I'm licensed in WA if that makes a difference

    submitted by /u/horseboob
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    Should I announce transition to Real Estate to my clients at current job

    Posted: 05 Jun 2020 07:24 AM PDT

    I will be leaving my current job in a little under 2 weeks now. I currently work a sales job in a hotel so I have created some relationships over the past year. I do plan on writing an email to all people I have worked with to let them know I will not longer be with the company and who will be their new point of contact moving forward. However, do you think it would be inappropriate to include that I will be working in real estate? I know that these people could possibly bring me business since I have already established a relationship. If you think I could include this in my farewell email, how could I word it. Have any of you done anything like this when you left your previous job?

    submitted by /u/nikkibxo
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    Considerations before buying a house for my mom?

    Posted: 05 Jun 2020 06:02 AM PDT

    Hi all, I've been browsing this forum for a while and would love some advice. I'm in my mid-20s, professional, and for the last few years, my mom has been living with me due to finances. She's on disability and receives very little. I pay for almost everything. Right now, her "half" of rent that I cover is approximately $1000. (Living in a major metro area).

    I've always wanted to get involved in real estate, and lately have been seriously considering purchasing a house for her to live in, in my name. I'd be looking to purchase in my hometown; a few hours away. I figure that this would help me build equity so that one day (5-10 years), I could sell and recoup my costs; and it would also allow me to move out of the suburbs of the major metropolitan that I live in (and have more of a social life, dare I say!)

    First, since she is disabled and dependent on me, is there a special type of mortgage I could get? I would still be paying the mortgage and covering her living expenses. Although, I would hope to "rent a room" in the house to help with some of the costs (which, per my calculations, would save me money). Or would this be classified as an investment property?

    Second, what do you think about this decision? This would be a no-brainer if I was living in the home, but I want to keep living and working in my current city. I'd be looking to purchase in the 90-115k range max. It's a relatively low cost of living city, and rooms can rent out for approximately $500-$700 a month pending location.

    I have about 10 months of living expenses saved. I would be comfortable putting down a 5-15% down payment depending on house cost, and would be looking to purchase in the fall/winter once our apartment lease is up.

    I've considered renting her a one bed apartment in her name in my hometown, but the costs don't add up. Surprisingly, in the long term, it's cheaper to purchase a 3 bed and rent out one room.

    Any advice, or things I might not have considered, would be MUCH appreciated before I take any leaps!

    Thank you all.

    PS: I browse Zillow obsessively. I've found many houses I like and don't mind a fixer upper. This would be my first home purchase.

    submitted by /u/Jeaninene2
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    Work/life balance as a real estate agent?

    Posted: 04 Jun 2020 03:34 PM PDT

    Tldr: How many hours/week do you work as a realtor/what do you make at that amount of hours/week. Asking on an anonymous platform since agents like to lie about this a lot.

    Whenever I discuss my hours with anyone else in this field in person, I think it's really weird that I always get polarizing responses. I say I work 40-45 hours/week and they either say "only" that as in a little. Or "that" much as in a lot of hours.

    To be quite honest I'm curious to see other peoples salaries corrolated to the hours/week they work in an anonymous place like Reddit. So only REAL answers please, no point in lying.

    For me, the past 3 years, I'm content with my average of about 63-70k/year in commissions working about 45 hours/week. I just really enjoy keeping it like 9:00ish-4:00ish and phone on during the weekends (where I usually on average have like 2-4 hours of weekend work). I think of myself as probably a little above the average agent as far as sales go/year. If I work more then it takes away from me with my kids and their activities (like being their sports coach and etc.) and that's just where I personally draw my work/life line.

    Anyone reading this, would you mind sharing where you draw your work/life/salary balance?

    submitted by /u/ObiWahnKenobi
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    Real estate business school

    Posted: 04 Jun 2020 08:52 PM PDT

    Has anyone dealt with The Real Estate Business School in Austin, TX? Looking to take my pre licensing classes and would like some input. Thanks

    submitted by /u/xzbr42
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    CA Real Estate Broker

    Posted: 04 Jun 2020 09:12 PM PDT

    I have my CA real estate agent licenses for 3 years and have been doing property management under a broker. I have been managing a couple apartment buildings. I have been doing property management for about 2.5 years.

    Do I qualify to take the CA broker exam?

    submitted by /u/gh0st1818
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    Common courtesy between agents

    Posted: 04 Jun 2020 08:30 PM PDT

    I'm new to real estate (TX) with the intentions to help people. I was quickly taught that there are a lot of bad agents and clients out there. It is quite disheartening how awful agents treat me & my clients, and also how I am expected to take a cold and business approach to everything.

    I recieved conflicting advice on how to approach other agents from my broker and my peers. One side says I need to treat everyone else like the enemy. The other side says I need to work with them.

    How do you treat other agents? I don't want to have to always be a jerk but every time I tried to be nice to another agent, it just blows up in my face and I lose the deal bc they end up being unethical.

    I'm tired of losing deals because I'm viewed as an asshole or because I'm nice and then the other agent tries to bully me. At the end of the day, my duty is to my client and I fiercely try to protect their interests. So, when I am not a pushover I'm called "unprofessional."

    Is this how the industry is? Everyone at the end of the day is out for themselves and has to be ugly or pushy about it to other agents?

    I could really use the guidance to see if this industry is really for me or not.

    submitted by /u/totori325
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    Selling House but Questioning the Realtor

    Posted: 04 Jun 2020 06:52 PM PDT

    Hey everybody. I need an advise from you guys. I put my condo on market on April 2nd. My realtor and me have decided on the price of 120k. That was the amount she suggested it. So i went with her decision. Plus my zillow estimate was 118k so, it was reasonable. In first week, she said her co worker friend wants the purchase the home and they offered me 112k but i went down on the price 2k only because I just put it to market. She insisted me to sell the house and she even offered me to cut her commission and said she will pay for the appliances insurance from pocket as well. I was not sure and i did not accept the offer. Now, we are in June, i have had 28 showings right now and there is only one review that client thinks price is too high, other comments were about mostly "under the consideration". So yesterday, she texted me and said we need to go down on the price and make the selling price 102k. She said there is another two condos in the community which is listed for 95k and 98k but comparing to my unit to others, there is huge difference on the updates and the location. She now talks about even I wanted to sell the condo for 120k, appraiser would not accept it however i saw houses sold around 118-120k in the same hoa community just in March. Is she running games because I put too much trust in her and my first time selling home ?

    submitted by /u/Sashaboomin1989
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    Sharing another broker's listing on social media?

    Posted: 04 Jun 2020 03:11 PM PDT

    Newbie agent here

    If i wanted to share a photo of a property that is new on the MLS/redfin/zillow/etc on my social media accounts, am I allowed to do that in CA? I noticed there's a watermark of the MLS in the bottom right corner but in my comments I credit the listing broker.

    What do you all think?

    submitted by /u/AlphaQ69
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    Question about moving tenant in?

    Posted: 04 Jun 2020 12:43 PM PDT

    To be more clear, I'm asking for my fiancé. If this topic belongs in a different subreddit category please let me know and I will ask there, I'm not sure what this qualifies as.

    I had to move to my mother's to help her with housework and her sick pets in her house, as she has bad health issues and works at the hospital as asst. director. My fiancé unfortunately had to stay back to help out his family, his grandmother had surgery to remove her foot due to diabetes, but now my mother wants to move him here to help out too. He hasn't had an official job in about a year, which she says may look bad to the real estate agent. But he has good credit, excellent references, and my mother thinks offering to cosign for him may help his chances, as well as the fact he used to serve in the military. My mom has excellent credit and is a great tenant, the realtor talks very highly of her.

    What my questions are is 1) Is there any reason the realtor would deny the application request? 2) Is it a deal breaker that he hasn't had an official job in a year? (He had picked up some odd jobs on Craigslist, also through friends/family to do computers work and web design) 3) If she approves the application and there's a notes option, is that where he could add in/explain certain things such as question #2 and his military experience?

    I apologize if this is the wrong category to post this, if so please let me know where else I can go. If not, please give me any assistance if you can 😭 Thank you

    submitted by /u/BanjotheDragon
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