Realtors: Unlicensed/Licensed Assistant |
- Unlicensed/Licensed Assistant
- Best way to manage home showings?
- Would you take this deal?
- Redfin Lead Agent
- Commission strategies when buying your own house
- Neighbor put up a for sale sign in that extends over our property. Our property was already listed for sale.
- Realtors, what are the best and worst gifts you've recieved from clients?
- [Arizona] New-ish Agent - Broker Question
- Is it a good idea to get my license and start working during the pandemic ?
- Question for realtors and commissions
- Advice for Sales Manager
- Need help!!
- Do livable sheds count as an ADU?
| Posted: 11 Jul 2020 07:57 AM PDT Hey Realtors, I'm a 23 year old looking to transition into a career in real estate, I currently work as a retail sales manager for a national telecom. Getting my license (Canadian here) is a given, and I plan to start the course within the next couple of weeks, as a career in real estate has always been my end goal, just thought it might come later on rather than sooner, but why wait! I have met/spoke with a couple brokerages so far. In chatting with one brokerage, one of their top agents expressed that he is looking to bring on an assistant. He is a very well known and successful agent in our area with over 20yrs experience in the industry. I would start off as an unlicensed assistant until I competed my licensing exam (best timeline is ~3mo from now), and then continue working as a licensed assistant, and eventually transition to agent/ even possibly a team. It's still early talks and we've only met once so no details are clear, just wondering if this is a good way to learn the business? This assistant job would allow me to leave my sales management job and dive in fully to real estate. Has anyone else followed a similar path? It seems like a great opportunity to learn, however I have heard conflicting opinions on assistants. Any advice is greatly appreciated! [link] [comments] |
| Best way to manage home showings? Posted: 11 Jul 2020 10:27 AM PDT With the inability to conduct open houses I'm having to focus on phone/video calls, virtual tours and of course single showings. How are you guys organizing this influx this showings? Normally my assistant would just send me an email invite but I feel like there's a better way to organize them... how are you guys going about it? [link] [comments] |
| Posted: 10 Jul 2020 04:05 PM PDT So I'm looking around for a brokerage to join and the brokerage that dominates the city I'll be working is a REMAX team, here's what they offered me: $600/month desk fees 60/40 split on listing (to be clear the 40% is for me..5% after my split also goes to REMAX) 50/50 split on buying There is no cap, and everyone on the team has same split ongoing. Plus there are REMAX fees, realtors association fees, e/o insurance etc. He does spend upwards of 30K a month in advertising and dominates the local area I would be selling in..I was told I'd be given 15/30 warm leads per month plus lots of training and a 1 year mentor ship from an experienced agent paid for by the brokerage. For example, my commission on selling a 500K home would be $4750 Is this reasonable for a person just joining the market? I'm thinking it's better to have a smaller piece of a bigger pie, but I also don't want to get absolutely hosed. They also want me to quit my job which I was planning on keeping for the first 3 months. [link] [comments] |
| Posted: 11 Jul 2020 03:08 AM PDT I've had my license since 2016 and was really successful the first 3 years building a business in another state. Long story short, I got out of a terrible marriage and moved back to be with family (where my mom is an agent) and have worked with her the past year. I've paid for leads and unfortunately with this current covid climate it has been pretty difficult- and my sphere of influence I had given to my mom (which means I have none). She's recently said she can't afford to have me on her team anymore since she's not doing volume so I applied to Redfin (I've honestly thought about switching over several times) as every listing appointment we go to they bring up Redfin. I also think with the virus and rule changes that technology will take over now more than ever. How does the pay work for a lead agent? I've read base + commission. Any insight would be helpful, thanks! [link] [comments] |
| Commission strategies when buying your own house Posted: 10 Jul 2020 04:36 PM PDT Let's say a house is listed at $100,000 (fair market value) with a 2.5% commission for each agent. If I reduce my commission to 0%, can I submit an offer of $97,500 with the listing agent's commission being changed to a fixed $2,500? Either way the seller and the listing agent will get the same amount of money as before ($95,000 for the seller and $2,500 for the listing agent). But of course I know that no listing agent wants to sell lower than listing. Ultimately I want to save transaction cost on my own purchases, but haven't been able to figure out how yet. Also, I have heard that it's not recommended to buy or sell your own properties, as it will be hard to separate emotions from business. How true is it? [link] [comments] |
| Posted: 10 Jul 2020 04:09 PM PDT Long story short, the base of the sign may even be in our grass. They are trying to game us, as we have already listed our property for sale weeks prior. Theirs hasn't even been listed on the MLS, but they've put a sign up which is big and blocks the view of our house, and we believe it to be in our property. We're having an open house this Sun, and their sign is going to be there, and they have it so that their open house is the following Sunday. We do not appreciate what they're doing. What is the best way to handle this situation? 1. If we find that their sign is in our property or 2. the top of the sign extends over our property or 3. is fully within their property. Also 4. is there a quick and easy way to determine whether their sign is in our property? [link] [comments] |
| Realtors, what are the best and worst gifts you've recieved from clients? Posted: 10 Jul 2020 05:10 PM PDT |
| [Arizona] New-ish Agent - Broker Question Posted: 10 Jul 2020 06:21 PM PDT I'm a newer agent having received my license in October. I've been trying to work part-time and find it to be very challenging. My original plan was to quit my day job and do real estate full time in January or February and then the virus hit. Hate to say it but the regular paycheck and affordable benefits are quite a draw right now. Anyways I was attending a session at my office on jump-starting your business and the focus was entirely on calling your sphere of influence. I've explained to my sales manager several times that just about anybody I would call would be surprised to receive a phone call from me as I communicate more through text and email. I managed to get off a couple of calls to good friends. When I explain my hesitancy my sales manager called me a P**** and told me too get in there and make phone calls. This guy is in charge of the mentoring program for the firm and is very old school. He wants to meet with me next week to see where I'm at and being called a P**** really rubs me the wrong way. Any advice. Thanks [link] [comments] |
| Is it a good idea to get my license and start working during the pandemic ? Posted: 10 Jul 2020 11:43 PM PDT Hey I'm 18 and I want to get started as a real estate agent I live in Las Vegas nv. Will I make any money working with what's going on in the world right now ? Is this the worst time to be starting ? Or could I be the best time ? Thank you [link] [comments] |
| Question for realtors and commissions Posted: 11 Jul 2020 06:01 AM PDT As an investor i dont use many realtors i buy mostly direct from owners. However i have a good relationship with some realtors and some ae close friends. Im currently in the market for buying a new personal residence and found one i may put an offer on. I plan on using one of my friends as the "buyers" agent. Just purely because theyll get the commision. This will likely be the biggest sale they ever had. Most of the homes they sell are between 75-200k. This is around 500k. Also they wont have to do anything. I make my own purchase agreements. Work through my own banks, they may just have to cooridinate with owner for a follow up showing. That being said they'll be getting their 3% (15k) for basically not doing anything. (I know some of this goes to the broker) Would it unacceptable to ask the my buyers agent to take a cut in their commission as a form of negotion with the current owner? Say from 3% to 1.5%? Again ive purchased dozens of properties with out realtors and consider this a favor to give them the commision as they are good friends rather than giving theblisting agent the full 6% (the listing agent is a bit tacky and im not really a fan) I just want to know if this is feasible from a realtors ethical and lawful standpoint. [link] [comments] |
| Posted: 10 Jul 2020 06:42 PM PDT I'm a newer agent having received my license in October. I've been trying to work part-time and find it to be very challenging. My original plan was to quit my day job and do real estate full time in January or February and then the virus hit. Hate to say it but the regular paycheck and affordable benefits are quite a draw right now. Anyways I was attending a session at my office on jump-starting your business and the focus was entirely on calling your sphere of influence. I've explained to my sales manager several times that just about anybody I would call would be surprised to receive a phone call from me as I communicate more through text and email. I managed to get off a couple of calls to good friends. When I explain my hesitancy my sales manager called me a P**** and told me too get in there and make phone calls. This guy is in charge of the mentoring program for the firm and is very old school. He wants to meet with me next week to see where I'm at and being called a P**** really rubs me the wrong way. Any advice. Thanks [link] [comments] |
| Posted: 10 Jul 2020 05:01 PM PDT Anyone currently enrolled in Superior School of Real Estate that could send me a referral link so we both get a discount? It would be greatly appreciated. Im trying to enroll now! [link] [comments] |
| Do livable sheds count as an ADU? Posted: 10 Jul 2020 02:45 PM PDT Just curious. Client was wondering if they could put a livable shed in the back and use it as a legit income source/place to rent. [link] [comments] |
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