• Breaking News

    Wednesday, June 3, 2020

    Realtors: Report DM spam to reddit

    Realtors: Report DM spam to reddit


    Report DM spam to reddit

    Posted: 03 Jun 2020 03:19 AM PDT

    Thanks to u/Minder1 for bringing it to our attention again, but we have been getting a few reports of DM spam to posters/commenters of this subreddit. Together, we can take actions to let these people know that r/Realtors is not a productive place to spam.

    If you are spammed in your inbox or chat, please report this message to reddit. After enough reports reddit will secure the account and prevent it from DMing others. You can not report it from the app currently, you will need to do it from the browser on mobile or desktop. To the right of the message there's a 3 dot ellipses settings icon (...) on mobile browser and there is just a "report" link below the message on the desktop.

    You are welcome to report the user to the modmail with a screenshot of the message, but this will only ban them from posting to the subreddit for that account, not from reading the posts and messages where they learn to spam you. Reporting them to reddit is the best practice. If you have any of these messages still in your inbox, take a minute to report them so the previously offending accounts will be stopped. Thank you for helping solve this problem and hopefully reddit will make this process easier from the app. If you have any additional advice on this problem, let us know. We'd like to keep this subreddit spam free.

    Which reminds me, be sure to report spam posts and comments as well as abusive and racist comments to the mod team using the report option. We do catch them faster if you report them and multiple reports are even faster, so don't assume others are reporting them. And if you'd like to join the mod team to help keep spam at bay, send us a modmail.

    A big thank you to the mod team for moderating this sub, they do this on their own time without asking for anything and I appreciate all they do.

    submitted by /u/joeyda3rd
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    Los Angeles - working through salesperson course now - how to prepare for transition into Real Estate after quarantine?

    Posted: 03 Jun 2020 04:22 AM PDT

    Hi, I am in Los Angeles, California and I am going through the salesperson course now, and I plan to take the exam later after the lockdown ends.

    I have a few questions -

    1. During this time, what else should I be doing to prepare to become a real estate salesperson?
    2. My background is in luxury marketing and sales, specifically in fashion and jewelry. I have also worked for some major brands. I have also worked in Asia. I am most interested in luxury real estate, but will this market niche be too difficult for me to get into, right off the bat?
    3. I have known a particular realtor for a long time, and it looks like he has been doing a lot of transactions on the "lower end" of the luxury real estate market ($1.5 - 3M). I want to join his team, and I have asked him about this topic before, but at the time, he was only looking for someone who spoke Mandarin. How can I re-approach him to ask if I can join his team? When would be the right time to contact him again? The thing is that his team looks pretty full already, with 10 other agents under him.
    4. The luxury market in LA area is very daunting. Though I want to try to approach some other realty teams, I'm not sure how to go about this right off the bat, since I have no prior experience in real estate. Do you have any advice? From your experience, is there any luxury team you would recommend working with in the greater LA area? Is there any team that you would avoid?
    5. Is it possible to join 2 teams at the same time?
    6. After joining a team, I have some relatives who are interested in buying a home. If I want to help them as a personally captured lead, is there any way for me to separate this kind of transaction from the team / broker? Or does every sale have to go through them?

    I would greatly appreciate any additional advice. Thank you!

    submitted by /u/roiseau
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    Can I copy the marketing remarks of an old, cancelled listing from another agent?

    Posted: 03 Jun 2020 12:30 PM PDT

    Hi guys, I am a new agent getting ready to list my first house. This house was listed and cancelled two years ago. I am getting ready to write a marketing description but I was wondering if I can reuse part of the old listings remarks, or is this is considered bad practice? Doesn't make sense to me to completely rewrite the description completely.

    submitted by /u/NavyDog
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    Showing Multiple Clients Same Property

    Posted: 02 Jun 2020 06:10 PM PDT

    I'm trying to figure out the best way to handle this situation ethically so wanted some feedback.

    I have been talking to a real estate owner who is ready to sell. He won't let me list the property, but will allow me to show it and sell it to my clients. I have multiple clients who would be interested in this type of property which is in high demand right now but none of them know about it yet. This property will likely never hit the open market and the masses will not know about it until it sells.

    I have let the owner know that he would likely get the best price for the property if he let me list it and market it properly, but he said he would prefer to sell it quickly and quietly to one of my clients than go through the listing and marketing process.

    I would like to show this property to all my clients who may have an interest, but I don't want to pit clients against one another in a possible bidding war. Is it best to let all of them know about the property at the same time or try to individually give them the opportunity to see it in order of how interested I believe they may be?

    This is a little bit of grey area for me and I'm looking for second opinions on what would be the most ethically sound option. Thanks

    submitted by /u/ColdwaterDDC
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    I'm car shopping. What do you drive?

    Posted: 03 Jun 2020 11:01 AM PDT

    I currently have a beat 2002 Tacoma and a 1995 Miata. I can't really show up to nice properties in either of these and expect to be taken seriously. I had a 2010 BMW 335i, but sold it because maintenance driving that 20k miles a year was going to be outrageous. Looking at a 2015 Honda Fit, but also entertaining other economy cars or possibly selling my 95 Miata and getting a new Miata or Toyota 86. I'm actually open to any suggestions. Hoping to find something with less than 50k on the clock, 2015 or newer, and under $20k (preferably around $10-15k, though). What do you drive? Why? What's the ultimate realtor car? Something that's cheap to do high mileage in and doesn't scream "I'm broke" (shitty realtor) or "I'm rich" (this guy gets paid too much and I can ask for a discount because he doesn't need the money).

    submitted by /u/JWRealtor
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    CMA Question

    Posted: 03 Jun 2020 10:18 AM PDT

    Preface: I have no experience with being a relator, so please be nice! 😊

    Okay, so I've just finished up my real estate courses. My next step is to take my exam and receive my license (California). A thought I had when doing my courses was, "Why don't seller agents have an appraisal performed when preparing the CMA and deciding what the house should be listed for?" It seems like it would save so much time; especially because so many loans (at least in my personal experience with VA loans) aren't approved if you're paying more than what the house is worth. Can someone please explain this to me? Like, is this a good idea?

    submitted by /u/IAmAnnabella
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    How do agents want to be marketed to?

    Posted: 03 Jun 2020 05:47 AM PDT

    I've been in the sales industry for 15 years and sold real estate for about 5 before starting an inspection company. Currently it's mostly word of mouth and just gaining the trust of agents when at the inspections which has exceeded my expectations but I plan on expanding and I'm curious on how agents would like to be marketed to. How did you pick your inspector and why do you keep using them?

    submitted by /u/RyTheT
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    How do I stand out from the rest?

    Posted: 03 Jun 2020 08:35 AM PDT

    Florida. It's a landlord's market. Very competitive. What actions can I take to stand out when contacting agents and landlords? I'm confident I'm an excellent candidate but how do I show that?

    submitted by /u/SqueasAreShoeking
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    Mourning a Failed Offer

    Posted: 02 Jun 2020 08:28 PM PDT

    I represent the seller. Home is listed $220k. Offer was $220k with $7500 for closing costs. Effectively the offer was $213,500. Client was 100% okay with the price, but is passionately opposed to closing costs. He feels that if someone can't afford closing costs, that they cant afford the home. There was no talking him out of it, and I feel I damaged my rapport by trying to get it signed around. He said he will take an offer for $230k with closing costs. We have only had two showings in the last week. Several people said the price was way too high. I feel like I am going to be in this for a while.

    submitted by /u/CallCastro
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    Things that make you stand out in a positive way

    Posted: 02 Jun 2020 05:07 PM PDT

    I'm a new realtor ( less than 6 months post licensing .) What are some things you do with/for clients that make you stand out more professionally? We have several seasoned ( 25 plus years agents) in my area. I was top of my class and aced all exams, but there's a big difference in that and then the realtors doing 100 million plus annually. I understand paying my dues, but I'm getting really frustrated with lack of sales and listings rn. My clients have been outbid constantly in their offers. Advice/tips? I'm not quitter, but my brokerage is $$ monthly.

    submitted by /u/Famous-Reveal
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    Have you opened up or know someone who opened up their own Brokerage... and then Hired a Manager?

    Posted: 02 Jun 2020 07:10 PM PDT

    I am getting to the point where there is a lot of tasks to be done and I'm having difficulty expanding my business while also maintaining the office. I was thinking of finally hiring a manager.

    Are you a manger of a real estate office? Have you ever hired one or been in a position to see one hired?

    Can you tell me how that benefited you or ways that it was beneficial or pitfalls you had of having one?

    submitted by /u/BrokelynNYC
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    Any legal obligation for seller compensating buyer for a delayed closing?

    Posted: 02 Jun 2020 06:56 PM PDT

    Before the expected comments come: 1) SW Florida 2) I have a call into my RE attorney on this.

    Quick facts: 1. Closing delayed three weeks 2. Buyer already moved out of her apartment 3. Issue is seller is on the hook for a clean well water test after a water sample tested for e-coli just prior to walk through. Seller chlorinated the well, but did not fix assumed root cause (buried/compromised well cap) 4. Split the baby four ways on well repair (seller, me, my broker split cost on repair) and buyer paying for re-chlorination and retest

    Buyer wants the seller to compensate her for the inconvenience of being displaced for three weeks. For the record, seller is clearly on the hook for evidence of clean potable water (captured in contract addendum).

    Have any of you been in a similar situation and has your buyer been successful in getting an "inconvenience fee"? Personally, I think she's chasing her tail on this but I'm curious what the community has experienced...

    Thanks!

    submitted by /u/reepobob
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    First deal

    Posted: 02 Jun 2020 04:47 PM PDT

    How long (since getting license) did it take you to find your first lead and close the deal? I hear many people go a long period of time til their first clsoing happens. On top of that, how smoothly did the process go?

    submitted by /u/SharifSean
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    Is this plan feasible?

    Posted: 02 Jun 2020 04:29 PM PDT

    I'll be moving to Houston in a couple months and plan on working PT as an RE agent. Currently working remotely in software sales for company on the east coast. Given a CST workday from 8AM – 4PM I plan to fill the remaining evenings and weekends working on the RE side.

    My understanding is you have to 'hang' your license at a brokerage or team once you've passed the exam so I wanted to know what set up is best for just feeding me leads? I won't have the time for lead generation so I'm looking for a situation when the leads come my way and I focus on closing.

    submitted by /u/Beyondfootball1
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    Is there a free, actuate website to see foreclosure/shortsale listing ?

    Posted: 02 Jun 2020 04:21 PM PDT

    I want to buy a foreclosure but all the websites want me to pay to see their posts -.-

    submitted by /u/dogexpert420
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    Explain to me like I'm five

    Posted: 02 Jun 2020 01:29 PM PDT

    I'm located the Metro Detroit area in Michigan

    Just started taking online classes to obtain my license

    I guess this would be considered more of a discussion than me having a clear question

    I was learning about Millage rates and decided to make a cheat sheet of the rates in my surrounding area. I was having fun seeing the differences and based on knowing what are the good school districts and high priced villages it all made sense, until I started checking out different communities. Townships with predominantly black communities we're double if not triple what most mostly white communities were.

    For example:

    Commerce Twp (96% Caucasian) their millage rate is 24.85

    200k house = taxes are around $2,485 a year

    Highland park (92% African American) and their millage rate is 78.40

    200k house = taxes are around $7,817

    I'm confused on the huge difference, I could see if it was an area that touted the best schools, police, fire etc. But even the richest area (Birmingham) the millage rate was only 40.01. I know house prices play a big part, that you're not getting as much taxes from locations with lower priced houses it just still seems like a giant difference breaking it up monthly for what you're getting

    submitted by /u/maryforce
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    Personality Type

    Posted: 02 Jun 2020 04:49 PM PDT

    To what extent does being an extrovert or introvert have on your success in the business?

    submitted by /u/SharifSean
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