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- Any legal way around having a licensed agent at open house?
- I am struggling...
- Did this selling agent break any realtor rules?
- Is there anything I can do about finding strangers in my yard or peering into my house?
- I am considering a career switch to real estate. I consider myself an introvert, but I am definitely a people person. Thoughts on the kind of personality traits that help make a successful real estate career?
- Washington state realtors?
- Furniture is such a stressor and deal killer
- Discussion: It bodes well for Tulsa that Tesla even considered them...
- Suggestion on brokers that will hang license that will incur the lowest fees/training
- How to make USDA offer more appappealing?
- Can a buyer's agent work with a client without using their Relocation Company?
- Specializing in New Home Sales
- Difference taking RE exam in Spanish?
- Virtual brokerage or becoming a broker myself?
- polybutylene plumbing
- Has anybody here started out as an Apartment Locator?
- Recommendations for brokerage for a relatively new broker who's looking for a place with great training in Illinois?
| Posted: 24 Jul 2020 05:27 AM PDT |
| Any legal way around having a licensed agent at open house? Posted: 24 Jul 2020 10:22 AM PDT Quick question: Is there a legal way to get around having licensed agents at open house. Let's say, I want them to just open the door, hand out flyers, and say "I'm just the assistant, for more information talk to my broker". I get a lot of listings, but I don't really want to forfeit my margins to pay someone to just open a door the listing I get sells itself. TLDR: Any lawyers around who might be able to set up a potential scenario where this might backfire? [link] [comments] |
| Posted: 23 Jul 2020 09:55 PM PDT Hello all, Unfortunately, I am writing this out of what I guess is desperation. I am a new agent, I started in February, so right before COVID. I am not new to real estate as I have had a couple years of experience in commercial but made the switch because everything a realtor does just appeals to me more. Anyway, I have been trying extremely hard to get my first deal and I have just had no luck at all. I have had a couple deals where it looks like we will get their but then it falls apart on the lending or their health or something. I am running out of time financially and it's really hail marry time or idk what I'll have to do. I'm in a great TX market but am young and it's obviously really hard to meet people and get face time, where I am a much stronger seller in-person. What advice can you guys give me to those who have had their struggles and how you broke out into your first deals? How can I make this work? Everyone I have talked with is saying I am doing all the right things and they know I will be successful.. but it's been almost 6 months and I just can't keep the leases coming fast enough to keep me alive with all the splits. I really do appreciate the advice and any help you may supply in the comments. Thanks guys, and I hope you all are doing well. I'm just down on my luck and trying my best to turn it around. [link] [comments] |
| Did this selling agent break any realtor rules? Posted: 24 Jul 2020 09:25 AM PDT I recently made an offer on a home that was newly listed. They had one offer already at the time and we were told by our realtor they were taking offers until 12 o'clock the next day and would make a decision. Our realtor received a text message just before 12 the next day stating we are going to go with your offer. Our realtor told him to send it over in email so it was a done deal. She then calls me back to tell us now the listing agent has declared "open season" and they are taking the best and highest by 8pm the same day. We had an escalation clause in our offer that would go over the highest offer by $1000, up to a limit. The selling agent told our realtor that our initial offer without any escalation clause coming in to play was accepted in text. I have a copy of the text thread. Then they backed out and declared this open season bidding war. Is this legal? Can you take offers and then decide to make it an auction after the fact? We know we were the highest offer and the listing agent saw our escalation clause had more meat on the bone so they declared open season to get more money out of us. Is this common practice or am I missing something here? It gets better. We decide that we are going to walk away and not even make a second offer. I feel offended by the way this was handled and found out this home had a 50k water loss a year prior to this sale. So I change my mind and don't really want the property anymore. Our agent notifies the selling agent we are walking and not making an offer. The selling agent texts our realtor to tell her that the other offers are in and that if your clients re-submit their offer with the same escalation clause "we would be looking gooood". I have all this in a text thread my realtor forwarded to us. We ended up still walking away due to the way this was handled and finding out about the big water claim just a year before, but this seemed super slimy by the listing agent to try and get more money out of us after they accepted and offer then back tracked. I don't know if any of this is out of line or not but wanted some licensed realtors opinions on the situation. This is in Indiana if that matters. [link] [comments] |
| Is there anything I can do about finding strangers in my yard or peering into my house? Posted: 24 Jul 2020 09:00 AM PDT I(23F) don't know if this is the place for this question but I am currently renting a house that is for sale. I know the owners and they offered me a relatively cheap rent to stay at the house, keep it up, and prepare the house for a showing whenever they happen. The fact that the house is for sale has caused a lot of problems but the one I hate the most is the amount of people I found loitering around my house. On many many occasions, I have found people in my backyard or on my back deck. Once I woke up from taking a nap in the living room to 2 ladies peering in the back windows of the house. When they saw me in the house, they ran into the backyard and eventually came to the front door. They were both holding glasses of wine so I think they were semi drunk because they were incredibly persistent about seeing the house. One of the two ladies had been to a showing of the house, said it was her dream house and that she brought her aunt to see it too. In hopes to get them to leave, I said I would open the doorway so they could see into the main living area and as soon as I opened the door, the aunt burst into the house and started going all over while I was awkward waiting with the other girl. She was telling me how she thought no one lived here (even though there are pictures of my family all over and garbage in the cans). After like 2 minutes, they left but it really shook me up and I had some of the worst nightmares of my life afterwards of people breaking in. And just now, I was sitting at my desk and a man just walked up to the front patio and peered into the house. He must have seen me because he left pretty quickly. I was in the middle of a work meeting so I couldn't do anything but I'm not sure what I would've if I had the chance. Other stupid things have happened. Like during showings of the house, I have to leave and take my cat with me but almost always is there something bizarre when I get back home later. I've had headphones stolen, had my nightstand lightbulb unscrewed, they left my attic stairs hanging down in the garage, and, the most annoying one, someone put my fridge and freezer on the warmest settings and I didn't realize til a few days later when so much of my food went bad. Basically my question is, is there anything I can do about this? I told the realtor about the 2 ladies situation but I still find people in my yard a lot. It scares and annoys me more and more each time. [link] [comments] |
| Posted: 24 Jul 2020 08:36 AM PDT If any of you are familiar with Meyers Briggs or the enneagram, I am an INFP and an enneagram 9. In your opinion what personalities excel in real estate and which do not? Thanks for your input! [link] [comments] |
| Posted: 24 Jul 2020 08:09 AM PDT Are any of you Realtors in Washington state? If so I need your help! I have some questions. [link] [comments] |
| Furniture is such a stressor and deal killer Posted: 24 Jul 2020 07:39 AM PDT Right now I've got the perfect storm and I'm venturing closer and closer to losing a deal. I'm in my first year trying to be mediator to everyone and somewhat naive, my sellers are emotional and over reactive, the selling agent is kind of slimy in his tactics and attitude, the buyers are out of state, and we're dealing with 4000 sq ft worth of furniture. I'M NOT A FURNITURE SALESMAN, BUT HERE I AM DICKERING ABOUT TVS AND THAT CHEST OF DRAWERS IN THE CORNER- NO NOT THAT ONE, THE ONE WITH DIFFERENT FEET- AND EVERYONE IS FRUSTRATED. From the get go I tried to veer everything towards the buyers and sellers just going over it and coming to their own agreement, but now the amount of repairs done by seller are intertwined with the chattel and furniture. I'm just frustrated. [link] [comments] |
| Discussion: It bodes well for Tulsa that Tesla even considered them... Posted: 24 Jul 2020 10:18 AM PDT BLM, systemic racism being challenged, BWS massacre, young mayor, new laws regarding alcohol and marijuana.... Plus cheap land. Thoughts? [link] [comments] |
| Suggestion on brokers that will hang license that will incur the lowest fees/training Posted: 24 Jul 2020 09:24 AM PDT I studied and received my real estate license a few years back, but it's since been inactive. I am currently shopping for a home and would like to represent myself. I am not looking to change careers or anything, I just want to be able to represent myself and therefore I don't want any required training/ requirements to come to anybody's office. Are there any known brokers that have little overhead/provide independence with a low broker commission that I can use to hang my license? I want to make sure that this will net me a decent return from the sales commission, getting away with receiving all in 2% back from the transaction would make me more than happy. Thanks! [link] [comments] |
| How to make USDA offer more appappealing? Posted: 24 Jul 2020 04:41 AM PDT Inventory is low & with my buyers using USDA financing our property selection is very limited. I've written 6 offers and the sellers have decided to take a different one every time. What can I do to make their offer stand out? They are bringing money to the table but asking the seller for 2-3k in help & we're doing as is with the right to inspect [link] [comments] |
| Can a buyer's agent work with a client without using their Relocation Company? Posted: 23 Jul 2020 07:31 PM PDT I have a buyer client who came straight to me based on a personal recommendation and my online presence. Then I get an email two days later from Cartus Relocation services demanding that I take steps to become an "approved brokerage" with them. I know that means "give us 40% commission." Is there any way to avoid doing that and just work with the client? Do they have some kind of legal document that the client has signed that forces me to do this? Any guidance is much appreciated. :) [link] [comments] |
| Specializing in New Home Sales Posted: 23 Jul 2020 06:24 PM PDT When I got my new home buyer rep certification years ago, the instructor said that new home sales would be just a small portion of your clients (<10%), yet I see some agents do over 100 referrals a year to builders. Anyone care to share their insights on this level of success. I know some offer rebates back to the buyer, but even still it seems like there must be some other arrangement where someone can do this type of volume. I offer free education for new home buyers but it's 1 or 2 people every quarter who may remotely be interested. Most buyers are too anxious and just want to drive around and visit the communities on their own, only to find out later they should've used a realtor when they run into problems with the builder. [link] [comments] |
| Difference taking RE exam in Spanish? Posted: 23 Jul 2020 09:50 PM PDT I've read multiple times that choosing to take the exam in Spanish has a smaller "question bank" I'm confused as to what exactly that means and if means it would be easier to pass as I am bilingual. [link] [comments] |
| Virtual brokerage or becoming a broker myself? Posted: 23 Jul 2020 08:08 PM PDT Hey everyone, hope you're all doing well. I was wondering if there are advantages to either or, and cost differences. I'm getting more comfortable with the career and I am considering going for broker license when I renew. I was thinking of leaving Coldwell, and either going with a virtual brokerage. I think virtual brokerages allow you to keep 100% of the commish, but charge you like $100 fee per transaction. How does this compare to starting my own brokerage and having realtors work under me as well? 🤔 Trying to weigh out the pros and cons. [link] [comments] |
| Posted: 23 Jul 2020 06:39 PM PDT I was looking to get some feedback from realtors as to whether or not polybutylene plumbing is normally a dealbreaker for buyers. My good friend is in the process of purchasing a house and I attended the inspection today and the inspector noted the plumbing was polybutylene, which alarmed me because I purchased a home with this type of plumbing and it was a complete nightmare that ended in me needing to repipe my entire house at great expense. On top of that every plumber I've ever spoken with said it's a ticking time bomb and that there have been class action lawsuits due to massive failures. So knowing all this, when the inspector mentioned that's what the plumbing was I told her that she needed to plan to either repipe the house herself after closing or at the very least ask the seller to have the plumbing replaced. At the point the realtor cut me off and said that PB pipes were "no big deal" and that she would confirm with the seller that they had never had any leaks...which was interesting since the inspector found an active leak in the wall. I didn't say anything after that, but I just felt like the realtor was trying to brush our concerns aside and in my experience a realtor is supposed to be an advocate for the client and have their best interests at heart. I've bought and sold many houses and always used the same agent and I know she would never pressure me to overlook something major on a home inspection. In this case it's even worse because my friend is a single first time home buyer who doesn't have a lot of cash to dump into repairs...and the realtor knows that. And on top of the plumbing issue the place has a cracked chimney, a 16 year old HVAC and a 17 year old water heater. The HVAC and water heater are functional, so I know there's not much to ask for there, but I feel like all the potential issues together are just too much. After we left the house I told her that if she doesn't move forward with this house she needs to get a new realtor, but maybe I'm being too harsh. Are these things that you would encourage your buyers to overlook? [link] [comments] |
| Has anybody here started out as an Apartment Locator? Posted: 23 Jul 2020 03:17 PM PDT I started my online school mid February and I'm 1 unit away from Pre-Exam and my Exams. I really want to start as an AL because I figure it'll be a good way to help me get my feet wet, learn the business, improve my sales skills and hopefully make some good connections. Obviously leasing an apartment isn't as big of a commitment as buying a home, so I'm assuming I'll be able to get going way quicker. And not to mention we're in the middle of a pandemic still. A year or two down the road I can definitely see myself going to work w a Brokerage as a Listing/Buyers Agent, but for now I'm excited about doing Apartment Locating. Btw I live in Dallas, TX. Anyways, what's your experience as an Apartment Locator? [link] [comments] |
| Posted: 23 Jul 2020 02:24 PM PDT Currently at a big name brokerage, I only do this part time so I'm not in and out of the office very often so that's definitely on me. But I haven't gotten as much training or follow ups on questions as quickly as I'd like at my current brokerage. Any recommendations on a brokerage that will accept me and provide training and guidance when needed knowing I'm part time? [link] [comments] |
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