Realtors: Script Practicing |
- Script Practicing
- Short Sales - are they still around in today's market?
- Dude! Yesterday afternoon I passed my Real Estate Agent Exam!!
- Advice for somebody with an interest in getting into real estate?
- Help deciding on an offer price. Also what makes a house a comp?
- Motivations to Mentoring?
- Showing houses nowadays. Tips for being safe?
- Mortgage Joint Venture
- Builders and their insistence on using their own contracts, terms and conditions
- I'm making an offer on a house. Can my realtor show the same house to his other clients?
- Interactions with Someone Else’s Client
- Could a principal broker get in trouble?
- Anyone's clients use ConsumerDirect (FirstBank's mortgage division) or NBKC bank via Costcomortgage referral program?
- Background Checks
| Posted: 07 Jun 2020 10:05 AM PDT getting into real estate really soon. i have been watching the two ferry's pretty religiously and other real estate YouTube channels, and they all say that when calling you should use the scripts. makes sense. trouble is i have no one to practice the scripts with and cant ask my siblings because they dont know anything about real estate and dont know the thoughts of an fsbo or expired, etc... what should i do [link] [comments] |
| Short Sales - are they still around in today's market? Posted: 07 Jun 2020 08:36 AM PDT I saw a Short Sale listing yesterday on MLS. List price was $100,000, original recorded mortgage according to the county records was $132,000 and every single sold comp in the subdivision was in the $150,000 range. Why even attempt a short sale when you can list the house normally? [link] [comments] |
| Dude! Yesterday afternoon I passed my Real Estate Agent Exam!! Posted: 06 Jun 2020 11:59 AM PDT I'm stoked! I know the real work starts now and I'm definitely ready. As an out of state new agent, I'm flying out and interviewing at different firms next month. Quick question... What questions should I be asking them? I know I'm interviewing them, but I want to know what I need to know and how to differentiate them into categories. What to look out for, the good and bad... If that makes sense? Training, commission cut, ect... [link] [comments] |
| Advice for somebody with an interest in getting into real estate? Posted: 07 Jun 2020 12:22 PM PDT I read the megathread, I looked through the linked posts for beginners, so I understand that there's a good chance that this will be downvoted and discarded, but I'll ask anyway in the hopes that somebody can give me insight. I'm 26 living at home with my parents in Delaware. I was temporarily laid off from a shitty job I've been holding since moving back home about a year ago due to COVID, and because of that I've accumulated around $10k in my checking account. I've been looking at options for income so I can move out of this house, out of this state, and make a living while actually enjoying life. One of those options is real estate, after watching Graham Stephans on YouTube for a little while. I know very little about this business; I don't know the costs, the education, or the potential for something like this in Delaware (I know location matters, and that guy is in LA so I imagine there are some differences in how much he can make off a home there vs here). I'm social, I'm a people person, but I prefer working WITH people rather than FOR people, so hopefully you guys don't grill me too hard and perhaps shed a little light for me on this as a career pathway. If not, and I get downvoted into obscurity, I apologize for the post, didn't know a better place to ask. Just want to make it in life and not be a victim of my circumstances. [link] [comments] |
| Help deciding on an offer price. Also what makes a house a comp? Posted: 07 Jun 2020 08:01 AM PDT Looking at a lovely 5000 sqft house that ticks 98% of the boxes. 5 bedroom / 4 bath with two car garage and finished basement. 0.2 acre lot. It's listed for 800K right now. On market 26 days so far. No price drops yet. Looked at comparables sent over by realtor - looking for advice on a decent starting offer price? When is it acceptable to offer below list price? We were thinking 750K but obviously don't want to be insulting. My agent's only thoughts so far is "we can try." We are of course willing to negotiate. Any thoughts based on the data below?
Active listings in the comps include
~~~~~ Now I don't know how an agent finds comps but browsing sold data on Zillow I also found these ones in the same geographic area by searching for 5 bed/4+ bath with garage and basement sold in the last 12 months....
Would really appreciate it if any agents are able to weigh in. Thank you! [link] [comments] |
| Posted: 07 Jun 2020 10:53 AM PDT I'm new to AZ and trying to meet people. I met a local realtor at a Rotary event and mentioned that I was thinking about getting my licence. I asked if I could take her to lunch and ask some questions. We had lunch and I took about 10 pages of notes, then we drove around and looked at houses. I decided to get my license and will be taking the test when the testing centers open (closed for Covid). Since our conversation, she has reached out several times to check in. She's mentioned twice that she'd like to work with me. I guess I don't fully trust her intention. What would motivate someone to want to mentor? When I was taking notes and asking questions, she said I'm already better off than most agents she knows. I'm not sure if she think I've got a good head on my shoulders or if she's after something else. After living in NJ for 8 years, I'm just not used to people being so nice and I'm a bit unsure about this. Is this normal? Any insight would help. Thanks! [link] [comments] |
| Showing houses nowadays. Tips for being safe? Posted: 07 Jun 2020 10:48 AM PDT I'm kinda new to the retail side of the business and have showings coming up and have asked my partner to come with me to the first one scheduled for this evening. Just come with me, sit in the car for 15-30 minutes just to be there. He is absolutely against going with me. Am I being a wimp about this? Is he right to think I need to do it alone since it's my job? [link] [comments] |
| Posted: 07 Jun 2020 09:38 AM PDT Anyone have experience with opening or running a mortgage joint venture inside their brokerage or team? [link] [comments] |
| Builders and their insistence on using their own contracts, terms and conditions Posted: 07 Jun 2020 07:51 AM PDT Can anyone address the reason why so many builders insist on using their own contracts with their own set of terms and conditions? I get that it's new construction and it comes with its own warranties etc but Realtors seem to have rolled over for builders. Earnest money to be held by the builder is the biggest bullshit item I've seen and if you don't agree, you don't get to buy the house. Not even the closing attorney or title company. Is it me, or do they have their own mafia thing going on? [link] [comments] |
| I'm making an offer on a house. Can my realtor show the same house to his other clients? Posted: 06 Jun 2020 02:48 PM PDT |
| Interactions with Someone Else’s Client Posted: 06 Jun 2020 08:14 PM PDT Short version: client has their home listed in a different city with a local realtor. I will be their buyer's agent when they move into town. They're asking my advice on their active list price. What are my boundaries here? Obviously my goal is not to solicit their listing business, so am I actually breaking rules by giving my opinion? Anything I provide will be with the intention of being helpful, both to them and their agent. Edit: grammar [link] [comments] |
| Could a principal broker get in trouble? Posted: 06 Jun 2020 01:32 PM PDT Would It be ok as a principal broker in the following scenario?
Would the principal broker have anything to answer to the state real estate commission? [link] [comments] |
| Posted: 06 Jun 2020 01:13 PM PDT Hi everyone, I'm considering leveraging Costco's mortgage program (www.costcohomefinance.com) to be matched with a lender because Costco prenegotiates lower rates and also caps lender fees to a very negligible amount (depending on your membership type). I have found VA loan interest rates as low as 2.75% for 30-year fixed and 0% down (APR also just 2.9% or so, which is amazing) so just wanted to hear how the actual loan closing experience has been for you or your clients. I found lots of positive reviews about NBKC and not really any negative which is a bit odd, so hope they're not "paid" for. Can always rely on the Reddit crowd :) Thank you in advance! [link] [comments] |
| Posted: 06 Jun 2020 12:13 PM PDT I made an unfortunate mistake in college and have a misdemeanor for trying to use a fake ID to get into a bar. Well, I'm trying to get my realtor license now. I will disclose this when I take my exam. I plan on getting the license in TN.
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