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    Sunday, July 19, 2020

    Realtors: I need to find a realtor to sell my house - what are some red flags/green flags?

    Realtors: I need to find a realtor to sell my house - what are some red flags/green flags?


    I need to find a realtor to sell my house - what are some red flags/green flags?

    Posted: 19 Jul 2020 06:40 AM PDT

    I have four realtors that I personally know through networking groups, but I have zero clue what sets them apart. I bought in 2016 for $300, but have put a TON of work into the place, so I don't know what I can get in this market. Are realtors able to accurately price a home?

    Beyond that, what are some good/bad things to look out for during a walk though with potential seller's agents?

    submitted by /u/maskedfailure
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    Has anyone here used Real Estate Express? Opinions? Frustrated I may have bought into the wrong school....

    Posted: 19 Jul 2020 11:38 AM PDT

    I recently bought the online training package and after finishing chapter one (almost) I came across a TON of reviews saying how awful it was. A lot of them were saying things that coincided with what I have been noticing... people are saying that the exams are nothing like the material you read.

    Is it just the first chapter that's awful because it's all Law stuff?

    I'm also skeptical because the little 6-9 question quizzes at the end of each unit are for the most part pretty easy... and I find it hard to believe that the questions on the actual state exam will be like that. I'm considering getting a refund. Any feedback will be MUCH MUCH appreciated! :) Also if anyone knows of a better online school, pleeeease let me know. Thank you!

    submitted by /u/EudaimoniaBound
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    Cold calling gone wrong, need advice

    Posted: 18 Jul 2020 03:55 PM PDT

    Hey guys. I'm an agent in Utah and started cold calling quite a bit. I'm considering taking a different approach in my prospecting because I feel like people (including myself), when they see an unknown number, either a) won't answer or b) get extremely annoyed. I totally get it, I HATE scammers/SSN fraud schemes/robo calls, too. There's so many of them nowadays. I've called about 5000 numbers in two weeks time (2-4 hrs a day except Sundays/holidays) and have zero nurtures/follow-ups, out of about 200 actual contacts made, ~190 said to take them off the list and the rest said things like "Go kill yourself" and one person actually told me "I'll come find you at your next open house and beat you up".

    It's super discouraging. I don't like to think of myself as a quitter but when a motive keeps repeating itself, I feel like I should try a different route. What do you think? Is this normal for cold calling and persistence is key - or do you guys think cold calling is 100% dead?

    Some background: I'm in a metropolitan area with a good market (despite COVID) average DOM is currently 27 days. Been a realtor for 2 years.

    Thanks!

    submitted by /u/doriebean
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    1% commission listing

    Posted: 19 Jul 2020 09:09 AM PDT

    Hey what's up reddit. This is mainly going to be a rant.

    I have some buyers I have been working with for the past 2 months and I have been working them hard. I've been showing them every other day and have submitted at least 6+ offers. Keep in mind these are the type of buyers that submit a full price asking offer and think they are doing the most when in reality the market is so hot currently in my area that they will have to offer more to realistically have a chance in getting their offer accepted.

    Well over the weekend my clients informed me that they went to an open house and would like for me to submit an offer. I check the property on the MLS and low and behold the property is a 1% listing. My clients told me to go in full price with no closing cost which is weird because these are the type of people I have to convince to put in a full prices offer for any property. I did a CMA on the property and it seems that the property is overpriced. I presented the CMA to the buyers with about a 15k difference but they did not care they still wanted to go ahead with their offer. This is not like them since I have presented CMAs to them before and start freaking out if the CMA I did does not correlate with the asking price on the listing side.

    I am starting to wonder if the listing agent may have had some words with my clients when they attended the house? Because this is so unlike them. I'm sure our offer is going to get accepted since the listing agent has no other offers (I wonder why lol).

    Just for some clarification I do not mind submitting offers for clients for a listing that offers 1% commission if the clients really want the home as I feel it would be ethically wrong to deny my clients the opportunity to occupy their dream home just for my commission. Now with that being said I'm not going to lie I'm a little irritated with the amount of work I put in with these people just to get paid about $700.00 (my take home on a 1% commission after splits with my office since it was their lead). I would've been more effective with my time showing leases.

    Like I said in the beginning this was mainly just a rant. I'd be interested in hearing stories if anyone has had a similar dilemma.

    submitted by /u/Iamtheattackk
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    Quick Question: How much does cole Lead service cost?

    Posted: 19 Jul 2020 09:07 AM PDT

    Another post looking for gift ideas because...

    Posted: 19 Jul 2020 08:16 AM PDT

    Hi Realtors! I am in a little bit of a bind. I have two clients (one seller, one buyer) that I do not know what to buy them for gifts. I did not get to know them as well as I would have liked because the seller's home went under contract in 9 days and my buyer was a 65 year old cash buyer (this was his first purchase because he inherited his first house) but he is really into guns.

    Both these transactions moved extremely quickly. My seller's have not yet found a house to buy and may move in with family or a trailer until they purchase.

    Thanks!

    submitted by /u/small_impact
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    Total annual expenses

    Posted: 19 Jul 2020 12:04 AM PDT

    Hi all.

    I'm just wondering estimate how much in total do you spend on business related annually? Is it more or less than $50k?

    Thanks.

    submitted by /u/CompassRoseKLM
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    I’m currently working with a realtor but interested in a for sale by owner

    Posted: 18 Jul 2020 08:03 PM PDT

    Do we tell our realtor if we want to see the home? Would my realtor get involved in the process? What would commission look like for them?

    submitted by /u/awesomom
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    About to become a realtor for KW August 1st

    Posted: 19 Jul 2020 03:42 AM PDT

     Hello all, it's awesome to read through this sub of educated, experienced and newer agents to get different perspectives. I am finishing up my licensing course this week and will be diving into the game in the beginning of August. I'm 20 years old with little to no responsibilities and am able to sacrifice 100% of my time, money, and effort intelligently into whatever it takes to succeed and achieve my goals. I am currently residing in a market that I would like to tap into with an average home price of about $440K+ homes. My goal for when I first start is to begin advertising on social media and holding open houses for agents in my brokerage. I'm willing to pack all 30 days of the month up with open houses if need be, or working 7 days a week on networking or expanding my reach in the community. Any tips or qualms with my ideas of doing this? I'm very open to suggestions and I appreciate any feedback 
    submitted by /u/Dankerbadge420
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    Example of a letter to a house not currently for sale

    Posted: 18 Jul 2020 07:47 PM PDT

    Not sure if this is allowed here, sorry if I'm breaking the rules. Does anyone have a form letter, or outline, that I could send to some houses to gauge if they would be interested in selling their house (or to keep me in mind if they ever wanted to). I'm not a realtor, just a person with a...slow realtor. Theres a number of houses along a street by some water I'd love to live at. I've looked up the property history and some have had the same owner for 20-30+ years. I have to imagine one of them might be willing to sell if they didn't have to do anything to their house.

    Trying to not be pushy, but to the point, but also nice about it all. I thought maybe coming from a person and not a realtor might be better (maybe not). Thoughts?

    submitted by /u/mojo276
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    How does one become a Keller williams team leader

    Posted: 18 Jul 2020 10:21 PM PDT

    Will houses keep doubling in value ?

    Posted: 18 Jul 2020 10:12 PM PDT

    I was looking at my childhood home and it's pretty my doubled from when my parents bought it around 1991 in Orlando. I looked at my wife's childhood home and it's pretty much doubled since they bought it in 1999. These houses were about for under 200k back then.

    We are about to buy our first house and long term house in a suburb 25 minutes north of downtown Denver for 575k.

    In say 30 years do you think it would be worth double? It just doesn't seem possible that the house would ever be worth a million dollars. 5 bed 4 bath , 2,600 square ft

    This is really just out of curiosity and would love to hear people's opinions

    submitted by /u/Nosoydechile
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    Abandoned and neglected building owned by US Government

    Posted: 18 Jul 2020 08:52 PM PDT

    Driving around today I happened upon what looks to be a super cool mid-century type building that is completely overgrown and obviously neglected. I looked up the address and some of the realty sites have a listing, where it basically says the square footage and that it is a "school". I found the parcel number and looked up the tax records and the owner is just listed as UNITED STATES OF AMERICA. It looks like it actually has bedrooms and whatnot based on the taxes, so not sure what the lineage of the property is. Regardless, I'm wondering what one might do to inquire about such a property. It's really kind of sad that this obviously once beautiful building (in a great location) is just rotting away in the weeds!

    submitted by /u/mightyhumanman
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    Arsenal MKG legal in Canada?

    Posted: 18 Jul 2020 07:54 PM PDT

    So I am currently working on getting my real estate license in Ontario and I have been reading about a lot of lead generation methods. The only issue is that most of them are based in the United States and, obviously, Canada has different privacy laws restricting and limiting those methods of generating new business.

    My question is whether or not Arsenal MKG, a CRM tool with integrated landing page/lead capture page creation tools is legal in Canada. The question comes up because it has an automated email and SMS follow up system. So, if someone clicked on my Facebook ad to download a guide to selling your home faster during a divorce and gave their info at the lead capture page, would it violate any of those privacy laws for the automated follow up system to automatically follow up?

    I am lost and don't want to potentially risk my license.

    submitted by /u/DeadwoodDesigns
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    Advertising on Clothing

    Posted: 18 Jul 2020 07:53 PM PDT

    Florida Realtor here, looking to make some shirts with my logo & brokerage logo. Any one know what guidelines I need to follow? Any chance I can make a shirt with just my logo or does my brokerage logo need to be included? I'm thinking it's going to look weird having 2 logos on a shirt? Any suggestions? Has anyone tried customizing their own shirts? Thank you

    submitted by /u/upperdeck222
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    Does anyone else get headaches whenever they do real estate related tasks?

    Posted: 18 Jul 2020 04:59 PM PDT

    Just wondering if anyone else has dealt with this, I get a headache almost anytime I have something real estate related. But I love real estate, I am a buyers agent for 2 years

    submitted by /u/OneDayIllOwnALambo
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    Cold calling on Saturdays

    Posted: 18 Jul 2020 12:16 PM PDT

    Do you all cold call on the weekends? I'm tempted to make calls on Saturday when more people are available for calls but worried it may come off as desperate or unprofessional on the weekends

    View Poll

    submitted by /u/Stephanie0198
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    Can I look for a realtor here?

    Posted: 18 Jul 2020 03:52 PM PDT

    If no then this can just be removed.

    If yes I'm in the northwest Chicago suburbs looking to move into a tiny house hopefully on a flatbed platform, somewhat in the area. If anyone has experience in the field or knows someone that does I would greatly appreciate it!

    Edit: I guess since this isnt gone I'll post more: I'm looking into realtors that have knowledge in tiny house laws and stuff since I'm trying to essentially buy a lot property (I think that's the correct term) to put the hopefully mobile tiny house on. But the Chicago and surrounding areas seem to be very vague on tiny house info. So someone able to help me navigate that and hopefully buying a lot would be an ideal person.

    submitted by /u/Maaahgo
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