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    Monday, July 20, 2020

    Realtors: Passed RE exam with flying colors, yet still feel like I have no idea how to actually sell a house. Is that normal?

    Realtors: Passed RE exam with flying colors, yet still feel like I have no idea how to actually sell a house. Is that normal?


    Passed RE exam with flying colors, yet still feel like I have no idea how to actually sell a house. Is that normal?

    Posted: 20 Jul 2020 01:51 AM PDT

    Title says it all. Quite honestly, sure I learned a lot of vocabulary regarding the RE profession in online class. But the fact that I don't even know the first bit of paperwork there is to have to do to sell a house is super concerning to me. I've always thought that maybe the training at a brokerage would do that? But am I wrong?

    Thanks.

    submitted by /u/INoDeWay
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    Is this ethical?

    Posted: 20 Jul 2020 11:05 AM PDT

    I am closing on a home today, and both parties signed an addendum that all appliances and trash would be removed. After a quick inspection before closing, we seen that nothing had been removed. After telling our agent we want a $500 fee for removing it ourselves, or we would walk, the sellers agent said she would only provide $250 or she would just buy the home herself. Is this a violation of anything?

    submitted by /u/itsmeandyouknowit1
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    When is it too early to reach out to a real estate agent?

    Posted: 20 Jul 2020 10:12 AM PDT

    I've never been the type to shop around for long periods of time for things. We are waiting for a little dip before actually buying, but plan to buy in 6 months unless the world goes to shit (more than it already has).

    Is it too early to reach out now? Or is it good to put it on her radar so she can sort of start looking out/scoping for when we are ready?

    submitted by /u/doritosgurl
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    15 reasons why landlords are better human beings than renters

    Posted: 20 Jul 2020 12:33 PM PDT

    Shaking my head..

    Posted: 20 Jul 2020 10:25 AM PDT

    Received a text from Realtor.com (yes I pay for their leads..) this morning indicating they "Wanted to visit a property" Great! Two Questions before they do that. 1) Are you working with a Realtor and 2) Do you have a pre-qualification letter from a lender? The answer to both was "No, we're not looking to buy, we live down the street and always wanted to see the inside of that home, but don't worry about it, we received ELEVEN other calls within five minutes and have an appointment at 6:00." I wished them good luck and just shook. my . head.

    submitted by /u/dmccrostie
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    Appraisal before making an offer?

    Posted: 20 Jul 2020 08:18 AM PDT

    I'm in a crazy competitive market and am trying to help my buyers be more competitive when submitting offers. Has anyone done an appraisal before submitting an offer? Would the bank accept an appraisal like this or would my clients have to pay for an appraisal twice? I'm essentially thinking that the mortgage pre-approval, combined with waiving the appraisal contingency would effectively make them an "all cash" offer or as close to it as they can get. This could also theoretically help them close faster. Would love your thoughts...

    submitted by /u/GammaMoney
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    What type of realtor specializes in nationwide listings for finished 'rural' properties?

    Posted: 20 Jul 2020 07:22 AM PDT

    Hi, I hope this post isn't misplaced but I'm not sure where to look.

    I know what type of home/property I want** to purchase but I don't know what type of realtor can assist with nationwide searching. Kindly requesting suggestions or best approaches, as I want to be sure to consider places I wouldn't naturally look. Price point roughly between 800k-1.5M.

    Thanks in advance!

    EDIT: I understand I won't find an individual licensed realtor who works in all states; my expectation would be to find a fee-based service that assists with nationwide hunts.

    ** Must have: >3k sq. ft. home on at least 5 acres, no other homes visible from the house, near/on a lake, temperate climate (as close to Los Angeles weather as possible); good to have: < 90 min drive to major airport, wooded acreage, direct lake access and/or in-ground swimming pool **

    submitted by /u/eisenh0wer
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    Pua question

    Posted: 20 Jul 2020 07:16 AM PDT

    Realtor here my office shutdown due to pandemic , I was collecting pua since, it recently reopened , am I still eligible? I haven't made any sales so I don't know if it counts just being open, versus profit, because a lot of my clients still don't feel safe to look my business is still impacted , can I continue collecting until I make a commission or does the office being open kick me off, I do unpaid Floor time there by the way

    submitted by /u/godofrealestate
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    Divorcing my realtor husband - Should I find a neutral seller's agent for our house?

    Posted: 20 Jul 2020 07:11 AM PDT

    I have an appointment with a divorce attorney this week to find out my legal rights, but wanted to get some unbiased opinions on how I should approach selling my house.

    I really want to have an independent agent sell this house, but don't know how to do it. My husband doesn't want the divorce and I'm afraid he will delay/sabotage the sale somehow if he's the agent. We live in a smallish community that I moved to only recently but he's a native and knows 95% of the local agents. That being said, he has quite a few agents/agencies who he "doesn't like". It turns out that he's pretty shady; he has two complaints to his broker-he's vague with the details.

    Also, from what I can tell, he is not a very good agent. Along with the two recent complaints to his broker, The only sales he's had in the past year were from our homes and his parents (Not working is a huge reason for the divorce). He has had multiple sales fall through and contracts expire. He's also had several potential clients drop him.

    So, what to do? Should I go with someone from another broker? DIY? Let him do it? Please advise.

    Don't know if it's relevant or not but I purchased the home in my name. I'm in FL so it's a homestead state. Although he never paid any $ toward the mortgage and our accounts are separate. This is something for the attorney to help with. Also we've only been married for 2 years and no kids.

    submitted by /u/Zomodee
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    Commercial Real estate agents

    Posted: 19 Jul 2020 02:56 PM PDT

    Any CRE agents here ? If so what was your journey from the RE course to now ? Anything to look forward to as a upcoming agent ? Should you do residential first ?

    submitted by /u/deuce614_
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    Any realtors on here working in Dubai?

    Posted: 20 Jul 2020 05:12 AM PDT

    Hey everyone!

    I(23m) recently secured a job at a highly reputable agency based in Dubai, which i start with on the 16th of August.

    I'm still very nervous as this will be my first real estate job, but I am extremely excited. I have developed a crazy passion over the past few years for property, and having worked in the hospitality sector for 3 years, enjoy working with people. I came to the conclusion that this was the path I would take.

    I just wanted to find out if anyone here is/has worked in the UAE real estate industry? If you have, how did you find it? I'm quite worried about the first few months, however it looks like I have strong leaders to turn to.

    Thanks!

    submitted by /u/dannyhanger
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    Best online course for licensing in Michigan?

    Posted: 19 Jul 2020 02:32 PM PDT

    I'm looking for a good course to prepare for the Michigan salesperson licensing test. Does anyone have any recommendations for good courses that helped you to pass the test specifically in MI?

    submitted by /u/142562718
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    Becoming a NACA realtor?

    Posted: 19 Jul 2020 05:53 PM PDT

    Hey everyone. Just was wondering what are the benefits of becoming a NACA realtor if there are any?

    submitted by /u/jaelyndashiell
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    Thoughts on upfront commission pricing for listings?

    Posted: 19 Jul 2020 05:38 PM PDT

    I'm a newish agent. I'm thinking about posting something like the following on my website:

    5% Commission 6% Commission
    Pro Photos Pro photos
    Your standard listing fare +Facebook ads
    +Home cleaning service
    +Matterport
    Your standard listing fare

    Reason being I think that I would have gravitated towards an agent like this as a consumer. Carvana and Uber have done well by being very upfront about the cost of their product vs. their traditional rivals, and I think as well by offering a couple options, I can take advantage of price anchoring to aim most clients towards one package.

    Anyone tried this (other then discount brokers of course)? Thoughts?

    Edit - Just wanted to add, in my market most of the stuff I'm mentioning is uncommon or non-existent. Maybe 20% of listing have pro photography at most. Matterport is even less common. So this isn't me trying to undercut by offering less, quite the opposite.

    submitted by /u/semidemiquaver
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    How to ask an international brokerage for a referral fee?

    Posted: 19 Jul 2020 04:45 PM PDT

    I'm a Realtor in the states and someone in my family is going to buy overseas. How would I go about asking for a referral fee? Someone mentioned it before but I didn't know if there was any formal way to do it as a Realtor

    submitted by /u/ThaiPandaBear
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