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    Thursday, June 11, 2020

    Realtors: What style architecture is this house? I have a client that loves the look but don't know what to search for.

    Realtors: What style architecture is this house? I have a client that loves the look but don't know what to search for.


    What style architecture is this house? I have a client that loves the look but don't know what to search for.

    Posted: 11 Jun 2020 06:12 AM PDT

    Real Estate courses in Spanish?

    Posted: 11 Jun 2020 09:16 AM PDT

    I have looked online and called some course providers if they have Spanish courses for real estate but no one did. I wanted to know if anyone here knows of any course provider that has their online course in Spanish? Also, if the Real Estate exam can be taken in Spanish?
    The course/exam should be for Virginia.

    submitted by /u/LosAngelesBoxed
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    Do I have to include every bedroom when adding listing photos?

    Posted: 11 Jun 2020 01:00 PM PDT

    I'm putting my first listing up today. The house as a whole is gorgeous, but there is one bedroom that the owner should have painted. The rest of the bedrooms are tan but one out of 4 bedrooms is blue. Throws off the look of the rest of the house in my opinion. Should I exclude it when adding photos or do you think it matters if the rest of the house looks good?

    submitted by /u/NavyDog
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    MLS won't take some photos because it says they're too small but they're aren't, they're big enough. Any ideas?

    Posted: 11 Jun 2020 12:33 PM PDT

    I have a client who's trying to upload my photos. Half of them worked, but for some reason the outdoor ones get rejected and MLS says "minimum size is 640x320".

    -All images indoors and outdoors are the same (1600x1068) and outdoor photos received same treatment as indoor photos.

    -We've tried logging out and into the mls again

    -We've tried doing image files that were re-processed to be larger and smaller

    -Tried decreasing the file size

    None worked. Any ideas?

    submitted by /u/marbymarbs
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    Thinking of going back into RE after failing the first time

    Posted: 10 Jun 2020 05:57 PM PDT

    About 4 years ago I went into RE full time. Basically I sucked, I did two deals my first year. I was not confident, overwhelmed with how much I needed to learn etc. I got a full time job and have had a full time job for the past 3 years. During these three years I kept my license and did about two deals a year part time. I'm thinking of going back into it full time, knowing what I know now and how much money I have saved up. Last time I didn't know anything about houses, had no money saved up for marketing, was not confident etc.

    If you were "restarting" what do you wish you had known the first time?

    submitted by /u/JW_2
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    Help...our Realtor can’t close a deal!

    Posted: 11 Jun 2020 09:47 AM PDT

    Hi all,

    Our realtor who is helping us buy a house in the neighboring state came as a referral from the agent selling our home (who we LOVE). We sold our home and sign the P&S tomorrow.

    Our agent helping us buy our next house out of state has been mediocre. I find myself recommending strategies to her and that's not the way I feel this relationship should work.

    Here is my situation and I would LOVE any feedback: -wife and I are touring a house on Saturday. It was just posted last night. Asking price $830K. -our offer would be contingent upon sale of our house (we have buyers and sign the P&S tomorrow) -we would offer something like $5K with the offer and $15K after home inspection. -we would likely do a home inspection for informational purposes only -we will include an escalation clause in case there are other offers

    What else do we need to do in order to be in best position for earning a "yes" to our offer??? We embrace all creative ideas...we WANT this house and we NEED this house so our kids can get into a new school before September and our suitable housing clause is met in our P&S with the buyers of our home.

    Thanks in advance for your help! :)

    submitted by /u/passchrismore
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    Pls share disclosures tips for a house decontaminated of meth in California

    Posted: 11 Jun 2020 09:43 AM PDT

    We bought a house on the market thinking it was a regular house, the interiors were not updated but move in ready. Due to some lingering odor we got rooms tested and they came positive for meth contamination. The results were under state limit but we suspect other areas might have higher contamination than the limit. Our guess currently is someone was smoking meth, don't know if they produced it. We are getting clean up done and certified by a hygenist. If we wanted to sell it any point, are we obliged to share even after cleaning in the disclosure that at somepoint contamination existed? Does this requirement expire at any point? And what and how should I disclose this without getting a severe hit on my finances if people don't want to buy it or want to lowball. The house is based in California.

    submitted by /u/mkjale
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    Advice: Second guessing commission split and co owner is a real life Karen. I’m thinking it’s time for a change?

    Posted: 11 Jun 2020 08:45 AM PDT

    Brace yourself, this might be long winded since I'm typing away as I think. Also on mobile.

    I've been licensed for over a year now, first started with a different broker but I was basically on my own and lost 2 escrows, one seller and one buyer that shouldn't have fallen through had I had more training. So I moved to the current brokerage in Dec that is owned by husband and wife. They have been professional from the start. The husband is the broker and runs the team while his wife takes care of background things like running social media pages, making sure everything is in compliance and nurturing relationships within the community. She comes off strong and that was ok with me because I took it as her protecting their business. Now I'm not so sure...I'll circle back to this later.

    I have been wondering if I the commission split was worth the perks and if I should start looking around other brokerages. I'm a part of the team and it's a 50/50 split with it going 60/40 after 12 sales and a bonus if you meet half your yearly sales goal by the middle of the year. Here's the setup: team members get free online leads, I get about 3-5 a week, there's a free CRM and website with landing page to capture leads, training and mentoring, help with business plan and setting goals, no desk fees, transaction coordinator at no extra charge, and EO. It's not the typical team where there's shared clients and every agent has a separate job. It's more of the broker providing these things upfront and then making up for it once the closings come in. I only have one close so far, unfortunately my prospecting strategies involve open houses and door knocking and that hurt with the shutdown. In the meantime I've been learning a lot, getting better at capturing leads and now with shutdowns easing off I'm working with three buyers, one listing and I have one in escrow. I feel like there's a lot of value for a new agent here. The broker is committed to seeing team members succeed because he'll be paid back for the upfront freebies and get a nice cut. My plan was to get going and stay for a year while I get some experience and then transition as a solo agent where commission split is 72/25 with desk fees which I'm not sure how much those are. Here's why I started second guessing staying here. Two of the top producers in the team left the brokerage instead of just switching to solo. Maybe they thought the grass was greener on the other side, but maybe we are getting screwed?

    Okay so back to the co owner. She recently made awful comments online under the company's FB page. It started on her personal profile and the other person she attacked online retaliated by posting a review of her on the business page. Owner kept at it and literally told her to jump off a bridge. Yep, she used the business page to tell someone to jump off a bridge (I'll pause while you face palm). Since I've been there longer now I can see how the wife's attitude rubs off on staff (not all). There have been some awkward situations and some pettiness. It's so weird because her husband is for a lack of a better word super chill. Without getting into too much detail I'm worried that this type of behavior is going to be associated with me. So, fellow realtor Redditers, any advice you can offer?

    submitted by /u/yesitsmeforreal
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    Good news thread!

    Posted: 11 Jun 2020 07:28 AM PDT

    I am so pumped! I passed my licensing exams yesterday on first attempt after waiting a month and a half for a test date because of covid closures. I am SO EXCITED to get started soon. No advice needed (I have scoured the new agent megathread and it was incredibly helpful), I just wanted to come on and say thank you for all the advice you have shared and continue to share. I hope that I can be as helpful to someone once I have some experience under me!

    One of my new mentors has said this can be a very lonely business, both in work and because there aren't a lot of colleagues to share in moments of celebration/success. So I figured I would start a good news thread so we can collectively celebrate our recent wins/successes! Feel free to post a recent win (no matter how big or small) and I will celebrate with you (albeit anonymous and virtual)!

    submitted by /u/jayhawkinthecity
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    Is being part of a team necessary?

    Posted: 10 Jun 2020 09:55 PM PDT

    Newbie here. I've finished my courses; just gotta take my exam.

    I'm split between joining a team, and trying to start out solo. I always planned on working by myself, but all I see everywhere I look is people that are part of teams. My question is, if I were to go at it alone, what is my day to day going to look like as opposed to if I were part of a team?

    If it helps, I plan on working either with KW or eXp in the Sacramento area. I'm actually split between those two as well, so any advice on the brokerages or teams vs solo would be greatly appreciated.

    submitted by /u/IAmAnnabella
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    How many of you do both residential and commercial?

    Posted: 10 Jun 2020 08:55 PM PDT

    I've been doing residential just over 6 years and want to expand my knowledge a bit. I've heard multiple people tell me it's a whole different animal but I would imagine my current experience would help me learn relatively quick.

    I live in a city that has an amazing amount of commercial development going on right now so I feel like it would not only allow me to make more money but also be fun to get involved and see what kind of projects are going up in my city.

    Anyone do both?

    submitted by /u/DestinationUptown
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    HOA higher than principal?

    Posted: 10 Jun 2020 06:50 PM PDT

    Newish agent here. I had a client interested in a couple condos but the principals were always less than the HOA fees. Any reason that is and how to explain it to them?

    submitted by /u/vic_star8
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    How Can a Mortgage Profesional Help Your Business?

    Posted: 10 Jun 2020 05:51 PM PDT

    I know we all hate getting pitched to, BUT we're all just trying to grow, so any feedback is appreciated!

    As an LO, what can I best to do show value? I'm struggling to grow my business, and trying to find a differentiator.

    I try to pitch my marketing tools - I do flyers, listing videos, landing pages, and can help with agent branding, content creation etc, but I find most are pretty closed off.

    In that I genuinely want to help find partners to grow with, and support them, I try to avoid just cold calling and harassing for coffee to give the same pitch you guys get every day.

    What gets your attention? What things would be easier if you had support? What are your best partners doing?

    I appreciate any feedback from the industry!

    submitted by /u/HomeBuyingCoach
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    I often see agents boast about how the et won the offer over 20 other offers even though their client put 50k under the highest bid for example. How does this work?

    Posted: 10 Jun 2020 04:33 PM PDT

    Is there a specific technique?

    submitted by /u/Then-Company
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    How to handle this situation?

    Posted: 10 Jun 2020 02:23 PM PDT

    I work for a broker that is pretty stingy with leads. We are an office of 3 people. The broker, his girlfriend and myself. They pretty much take everything that comes in. They know EVERYBODY in town so they aren't hurting for sellers or buyers. I'm paid a set amount to answer the phone, clean the office and do all the paperwork for their clients. I get a small amount of each transaction they close and of course any sales I bring in myself....i get my regular commission. When Covid hit, we closed the office and my regular pay was cut by more than half basically the day before payday. No prior notification was given.

    Yesterday a lady called him from a yard sign about a house we have listed. He wasn't able to go show the house and asked me to go. I also showed her another house. I set up the appointment. Spent almost 2 hours showing both houses and answering their questions. They decided to buy the 2nd house that wasn't our listing. They decided they wanted to work with me. They messaged me to start the paperwork for the offer. I asked my broker how this would work and he said since they called him from his sign originally, that they are his clients. I explained this to the buyers and they said they would rather work with me since I'm the one they talked to and I spent so much time with them. No paperwork has been signed yet so this is more of an ethical question I guess and not a legal question. I'm not sure how to proceed with this. Should I push the issue? Should I just let it go? Broker can be a bit petty and I don't want to cause drama. It could be the difference in me receiving $200 and $2,000. I'm not trying to be greedy. After my pay was cut by more than half, it was pretty scary for a while. I didn't complain or cause a scene. I just dealt with the financial repercussions and went on about my life. I generally have to ask several times for my pay each month and it is often several days late even though they are VERY aware that I have the majority of my bills coming out the first of the month. After typing all of this the brokers girlfriend messaged me and said for me to "just handle it because it wasn't worth losing a client over". Not because it was the right thing to do or anything... Just a pissy way of saying ughhh okaayyyy you can have this ONE client.... Just curious for further situations like this... How should this be handled? I should also say that going to a different agency isn't really a possibility. All of the other agencies in my area have much higher desk fees.

    submitted by /u/Gracielu1107
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    Surface Pro 4 is about to die, considering switching to the new iPad Pro.

    Posted: 10 Jun 2020 01:12 PM PDT

    Anyone have experience operating solely with an iPad in our industry? I'd invest in the new Smart Keyboard and pencil as well.

    submitted by /u/nixmix06
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    My experience with RealT - Earnings from real estate

    Posted: 10 Jun 2020 03:56 PM PDT

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