Realtors: Differences in showing more expensive houses |
- Differences in showing more expensive houses
- Realtors working on behalf of sellers, what do you consider in offers from buyers who have agents vs buyers working without agents?
- How do you track mileage?
- Commercial or Residential
- How much success have you had with buyers’ personal letters?
- Question about home value - making an offer on a home
- Do we have to sign contracts to get info back from lender? We live in Vegas
- Spoke to brokers too soon
- Whatre some of the annoying things buyers do?
- How do you present multiple offers to your client?
- Need to work on being more assertive. Tips?
- Ugh I failed part of my broker exam for Washington state. I passed the state but failed the national portion of my Washington state Broker exam. I retake it in 2 weeks. Any crash courses or resources you Washington state Broker’s used to study that worked for you?
- What's the worst part about being a Real Estate Agent that you wish you knew before you became one?
- Looking to understand why Realtors are telling their sellers VA loans are last in the line of loans they should accept from a buyer.
- Trying to rent for college.
- In contrast to my previous post, what's your favorite part about being a Real Estate Agent that you wish (or maybe don't wish) other people to know about?
- Is it legal to host open houses for other brokerages in Illinois?
- 24 y/o In Chicago debating on getting license needs advice
- Am I overreacting to the way my township is handling my Certificate of Occupancy inspection?
- Need an opinion on a realtors actions and delays.
| Differences in showing more expensive houses Posted: 01 Aug 2020 08:18 AM PDT Just curious what to think about when showing "luxury" listings. Average house price in my area is 350k. 800k+ is pretty high end. Do you deal with things on high end homes that isn't typical on an average sale? Or is it basically the same thing but more sq footage and higher quality? [link] [comments] |
| Posted: 01 Aug 2020 11:30 AM PDT (Humor me & assume this is talking purely about offer/negotiation stage & has nothing to do with an agent's function in showing places, finding places, market research/awareness, etc.)
Each one of these points was from someone I know who works in real estate (appraiser, real estate lawyer, architect) making a possible argument for not necessarily needing an agent during offer process if you have the legalese and paperwork covered & know which specific place you want to buy - buuuuut none of them were an actual agent, so I wanted to hear the perspective of what an agent actually considers ... and whether someone who has to do absolutely no house shopping, just needs to make an offer & do the paperwork, can get by with just a real estate lawyer and such & work with the selling agent directly. (or if this is a process you would always recommend working with an agent for, even if it's just one specific offer/negotiation thing.) Thanks for the insight! [link] [comments] |
| Posted: 01 Aug 2020 12:14 PM PDT Sorry if this has been asked before, but do any of you track mileage driven for showings/open houses/inspections and other activities for tax and expense purposes? I'm curious to know if you all do it manually or know if some helpful tools to keep track. Thanks! [link] [comments] |
| Posted: 01 Aug 2020 12:03 PM PDT |
| How much success have you had with buyers’ personal letters? Posted: 31 Jul 2020 06:55 PM PDT I (the buyers agent) found THE perfect home after 4 months of searching and lost out on 3 offers for my clients and they are just smitten with the home, too. It is at the top of their price range and our market is a sellers market, but not quite as much as I've read from other threads here. We're very rural and I suspect a multiple offer situation here. It'll probably only be with 3, maybe 4 other offers and go maybe $5-8k over asking from that. Problem is my clients top budget is asking price. I'd advised them to write a very touching letter. Sellers bought the place 5yrs ago with VA (what my buyers are using). They have a chicken coop, as do my buyers. They have a blue heeler dog, like my buyers. They have a small Indoor dog and so do my buyers. We walked through this home and it was everything my buyers would want or do to a home. Have any of you realtors had any luck winning the bid with letters without being the top bidder? [link] [comments] |
| Question about home value - making an offer on a home Posted: 01 Aug 2020 10:17 AM PDT Hello! I hope it's okay to ask here. My husband and I are looking to buy a home and I'm wondering how the process works for putting in an offer. How do you know what to offer on the home before you know the value? The home were looking at now is over priced according to other homes in the neighborhood. No upgrades done or extras either. If I look on Zillow it gives me the tax assessment value but that's all I can find. Are appraisals public record? Any help would be great! I don't want to insult with too low of an offer but I also don't want to pay way more than the worth if it! [link] [comments] |
| Do we have to sign contracts to get info back from lender? We live in Vegas Posted: 01 Aug 2020 10:08 AM PDT We're buying my in laws house. We're being told by the realtor we need to sign contracts to get information back from the lender. Is this correct? Same with closing costs we have to sign contracts to get closing costs? Thank you for your response any help would be appreciated. [link] [comments] |
| Posted: 01 Aug 2020 09:41 AM PDT TL;DR I spoke to brokers who want to interview, can't interview cause I just got hired elsewhere. Well, I think I screwed up. I spoke to a few brokers recently, one I had a second interview for this upcoming week. Being without a job due to COVID I decided I'd like to go into a real estate career path. I always liked the thought of having my own business. So I've been studying hard and getting my certificates needed to take the Texas Real Estate License test(moved to Texas in May) and national test. Now between studying I was job hunting for any work really. So I had an interview at this place today that's totally unrelated to real estate. Now since I don't have income coming in(which is needed for a real estate business) I ended up taking the job. This made me realize I now have to cancel my second interview with a good brokerage in Dallas, and another interview with a brokerage in East Texas. I now need to explain to them that I need the funds to jumpstart my business so I took another job totally unrelated to real estate. I now feel a lot further off from my goal than I realized. [link] [comments] |
| Whatre some of the annoying things buyers do? Posted: 01 Aug 2020 08:56 AM PDT Currently in the buying process, and im texting 4-5 houses a day to my realtor saying "is it available" and I won't get a respond for maybe a day. I feel I am being annoying. Whatre some other things that annoy yall? [link] [comments] |
| How do you present multiple offers to your client? Posted: 31 Jul 2020 02:12 PM PDT Tried searching for a consensus in this sub and couldn't find much. What are y'all doing? Spreadsheets? Forwarding emails to the client? Video calls? Printing and reviewing in-person (pre- COVID)? Sounds simple in theory, but I'm curious what techniques you're using to help your clients compare and contrast 3+ offers on the table. Thanks! [link] [comments] |
| Need to work on being more assertive. Tips? Posted: 31 Jul 2020 05:46 PM PDT I feel as though I let buyers and sellers walk all over me. I'm a very new Realtor and also 26 years old, so most of my clients are much older than I am and think they know better. I like to take the "nod and agree" route when asking for a reduction or asking a buyer to get pre-approved, but I generally end up very frustrated. [link] [comments] |
| Posted: 31 Jul 2020 05:39 PM PDT |
| What's the worst part about being a Real Estate Agent that you wish you knew before you became one? Posted: 31 Jul 2020 04:18 PM PDT About to get fully licensed and just want to be fully prepared for what's about to come. I've heard very polarizing opinions on the stress levels of being a real estate agent, and am wondering more about that. Respond in the comments with your least favorite part about the job (ex: work/life balance, crappy clients, cold calling, etc...) [link] [comments] |
| Posted: 31 Jul 2020 02:23 PM PDT |
| Posted: 31 Jul 2020 02:13 PM PDT I'm trying to rent a home in San Diego and it seems impossible. 5 houses in and they keep saying we are qualified and blah blah blah, yet they keep choosing families over us. We are 3 young working professionals who's monthly income is over 6x the rent. What's the problem? Any recommendations? I'm getting anxious we won't get accepted anywhere and I need to move and get down their before school starts up again. [link] [comments] |
| Posted: 31 Jul 2020 04:20 PM PDT Again, getting fully licensed in a few days and just want to prepare myself for what's to come anyway possible. Feel free to comment your favorite part about your job of Real Estate Agent. [link] [comments] |
| Is it legal to host open houses for other brokerages in Illinois? Posted: 31 Jul 2020 03:29 PM PDT Saw the post from a year ago on here with several agents commenting they've done them. Any clarification if these are legal in Illinois? Tried looking at the IDFPR site and the real estate regulations but haven't found much. Thanks [link] [comments] |
| 24 y/o In Chicago debating on getting license needs advice Posted: 31 Jul 2020 02:11 PM PDT I currently work in the childcare field as a nanny and have been interested in getting into real estate for about 6 years now. My only dilemma has been time. I'm aware that to be a successful realtor it's something you have to commit to full time and in light of recent changes I'm more committed to doing that. However, I now struggle with taking the leap because I'm weary on the housing market in Chicago AND I would want to establish a steady income of at least 52k/year rather quickly. My questions are: 1) is it a good time to become a realtor in the Chicagoland area? 2) Does anyone know of any firms that will pay you salary for a few months until you start earning commissions? 3) Any recommendations on good online real estate schools ? 4) How long would it typically take in a Chicago market to see a return on my investment ?(investment being paying for my course and licensure) [link] [comments] |
| Am I overreacting to the way my township is handling my Certificate of Occupancy inspection? Posted: 31 Jul 2020 01:52 PM PDT Yesterday my realtor contacted my township about an inspector coming to the house for the Certificate of Occupancy to wrap up the closing of the home. We were told the home would need to be vacant for 48 hours prior to the inspection. Inconvenient, but understandable. BUT...all mattresses, bed frames, box springs would need to be disassembled and placed into the garage. ("Proof" that no one had slept in the house 48 hours prior) On top of that, she says that the inspector will not be using a lockbox. I will need to come to the house to unlock the door for him. Today the clerk calls back to confirm the date of the inspection. We're told that it will take place between 8a-5p. My realtor asked if they would call when they were coming. She was told no. My realtor said "what am I supposed to do...have my client sit in their driveway for up to 9 hours waiting?" The clerk said yes, that no one else selling their home has had a problem with it. I have a 5 year old daughter so sitting idle in the driveway waiting hours isn't ideal. I want to complain, but I also don't want to shoot myself in the foot by causing problems. Am I overreacting or does this sound absurd to anyone else? [link] [comments] |
| Need an opinion on a realtors actions and delays. Posted: 31 Jul 2020 01:36 PM PDT Brief backstory; my SO's father passed away. Her mom is now staying with us, and we decided on selling the house due to its size and current condition, unrenovated 1910 home on prime land.
Current situation; with my SO's mom now staying with us she has taken an interest to a house that is currently being remodeled next to ours. It was a shitty remodel from the get-go, I've seen the quality of work from the large portion of footing that they demoed, to the floor joist install, all the way up to the decking used on the roof. It's a shit job don't as quickly as possible on a <650 sq ft cinderblock house that should've been torn down.
Well my SO contact their family friend realtor about possibility of doing a trade deal for her mom's Portland house in its 'as in' condition for the dumpster fire remodel, well the "contractors" that are next door went to the Portland house and gave their appraisal of the property value, and the value of what they think the house they are remodeling. It would be a house + cash on their end deal, but they are the only ones to throw a number out pertaining to what the property in Portland is worth.
Now this is something I would like a second opinion on. I have asked the realtor multiple times to have an appraisal done on the Portland house to see just where we are sitting, but every time he has said we don't need one. Also when inquiring with him about the zoning of the property we get crickets. Now mind you its been almost two months since we've contacted him and cannot get a single number thrown at us.
So, I placed a call recently with a family member who is a loan officer, and I asked them to give me the number of their preferred realtor. After speaking with that realtor, they came to the house for a walk around, and in 36hrs had general property values along with all the zoning information. It was in the closing conversation with them that they said the original realtor may be stalling to try and line up a deal with a builder or investor to purchase the house, but nothing is definitive.
Sorry if this post is all over the place, there's a ton of information floating around in my noodle. But something seems very off pudding with the initial realtor. [link] [comments] |
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