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    Monday, August 17, 2020

    Realtors: I think I'm Toast

    Realtors: I think I'm Toast


    I think I'm Toast

    Posted: 17 Aug 2020 11:24 AM PDT

    I feel as though I've done everything. I knocked on the doors, I held 4 open houses every weekend for months on end, I cold called for hours every morning, FSBOs, Expireds straight up lists etc I've run FB ads.

    I have gotten leads from all of these methods I have gotten appointments I have even gotten verbal commitments but there is something I have no earthly idea what but there is something keeping me back something I am missing some key that I have yet to find because in my now 2 years as a licensed agent I have done barely 4 sales and I cannot justify this anymore. I don't know what I did or didn't do. I cannot explain it but I tried just about everything short of doing what I feel is dishonest or unethical.

    Why do I have such an inability to convert or to make the close to get the listing? I have no idea, and I can't take it anymore I think I'm done I think I failed and I', not sure yet exactly why but I needed to vent. The worst part is for those few transactions I did complete, I really enjoyed the work involved a lot.

    I just wish I knew what I did wrong, maybe reflecting on things after I've quit will enlighten me.

    submitted by /u/EarningAttorney
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    How are you generating new business/leads?

    Posted: 17 Aug 2020 11:31 AM PDT

    As we all know covid-19 has changed the landscape of how we go about business on a daily basis now, so im curious to see what everyone has done to adapt to this situation.

    For example I have been handing out market reports (from a safe distance) and offering to pick up groceries to my older neighbors, how bout you guys ??

    submitted by /u/joeyisexy
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    Your family and friends don't owe you business and you shouldn't bend over backwards for them.

    Posted: 16 Aug 2020 01:06 PM PDT

    This is geared more so to newer agents or agents that are hurt when family and friends don't use them as their agents.

    Your family and friends do not owe you business. And to be hurt and upset when they don't choose you will do you no good.

    There are hosts of reasons why working with your family and friends are good or bad ideas.

    Work with them if you want and are able to, but you don't need to build a business off of them. I'd be inclined to say you shouldn't. Each real estate agent is their own business owner and you need to put your business first.

    If your friends and family want to use you and ask for a discount, be firm and tell them no. That's not being supportive. That's being used.

    I'm not saying don't cut them discounts. I'm saying you make that judgment and offer. Don't let anyone use or step all over you.

    It doesn't matter if they can go somewhere cheaper. Build your business. Focus on you and your business. If you do well, if it's apparent you're good at what you do, if it's clear that you care, your friends and family will come to you without you having to ask, beg, or plead for their business.

    Your best client is your next one. This is a business - not a family affair or a club for your friends. Act like it and you'll be fine.

    submitted by /u/ShortRasp
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    Brokers Exam Review (AL)

    Posted: 17 Aug 2020 11:21 AM PDT

    I have just finished my brokers license course, but the course review is minimal for the exit exam as well as both the state and national exam. Has anyone had experience with any of the review sites such as study.com or compucram?

    Thank you

    submitted by /u/gooberrygumdrops
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    How did you make your website?

    Posted: 17 Aug 2020 09:20 AM PDT

    Hello! Looking to invest in a great website. I was wondering if anyone has used a specific service they would recommend? Just really looking for all opinions/suggestions!

    submitted by /u/TeamDTC
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    New Construction and appliances

    Posted: 17 Aug 2020 07:08 AM PDT

    Buyers would prefer to provide their own appliances in a spec homes that's being built. Buyers do not own the land. Any recommendations on how to protect their personal property (appliances) being installed and kept in the model until settlement?

    submitted by /u/starship2015
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    New Modular Home Builders Should "Think Twice" About Involving Realtors

    Posted: 17 Aug 2020 08:59 AM PDT

    http://www.modular-homecoach.com/2020/08/think-twice-before-hiring-realtor-for.html

    This is from the new modular home business, which is huge now where I am. These are not "trailers". New modular homes are built to the same state building codes and standards as entirely stick-built homes.

    submitted by /u/jriordan42
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    what is an out of the box way you have gotten leads/listings?

    Posted: 16 Aug 2020 02:48 PM PDT

    Not Sure Where to Get My Real Estate License

    Posted: 16 Aug 2020 05:41 PM PDT

    I see various states have different reciprocity and I would like to be as flexible as possible. Looking to start in states such as Delaware, New Jersey and Pennsylvania. Any help is greatly appreciated, thank you and I really appreciate the help.

    submitted by /u/frozen_sea
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    Looking to get into real-estate.

    Posted: 16 Aug 2020 04:20 PM PDT

    So I want to start getting into real estate and I was wondering where the best place to acquire a realtors license was if anyone happens to know?

    submitted by /u/KanadeKk
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    Under "Normal" economic circumstances - is being a realtor financially viable for a single parent?

    Posted: 16 Aug 2020 10:20 AM PDT

    I'm asexual and want to adopt children. Unfortunately, if I stay in my current career (social services) it could be at least a decade before I'd have enough money to afford kids. It's also quite possible that with the growing costs of raising children, that I wouldn't be able to adopt on a social work salary period. That being said, I am looking to transition into a more lucrative career that would not require getting a whole new degree. Due to the current financial crisis, I would want to wait until the economy recovers before making a jump into real estate. I'm hoping to get some insight into if real estate could be a good career move for someone who wants to have kids and will not have a second parent to provide income. I am in Southeastern PA, and would be open to being an agent anywhere in the Philly metro area.

    One thing that worries me is accounts of new agents having to use a lot of their own finances to enter the field. I am okay with paying for real estate classes, a licensing test, and continuing education, but I am concerned that some real estate offices make you pay for your own supplies. I really would feel uncomfortable being an independent contractor if I am just starting out due to not having a guaranteed biweekly paycheck. I can't risk the possibility of going several months without any income my first year, since I don't have a financial safety net. Health insurance, as we all know, is extremely expensive. I also need to open a retirement account at some point, since my current career does not disposable income to do that. If in real estate it's not guaranteed I'd crack $50 K my first year, I likely wouldn't be able to afford to purchase health insurance on my own, particularly if I also need to buy my own business cards, ads, etc. Is it possible for a new agent to find a W2 job in the field, or is this almost impossible? If anyone has personal knowledge of the Philly area, I'd be interested to know what is typical for a new full-time agent to expect.

    I am okay with becoming an independent contractor further down the road, but as a single person I'd probably need to make at least $65 K to make up for the loss of benefits as a W2 employee. With kids, my estimate is I'd need to make at least $80 K for it to be worth it. My long-term goal is to eventually make $90-100K. I have a lot of student debt, need to catch upon retirement, and want to buy a home. Do you need to have lots of connections and be truly exceptional to get pay like this, or for a hard-working realtor is this doable?

    submitted by /u/987Throw654away32100
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