Realtors: Is it okay to ask a realtor to come look at our house? |
- Is it okay to ask a realtor to come look at our house?
- Opendoor Reaches Deal To Go Public
- Mrs and I are going full time!
- What do you do everyday?
- Advice On Brokerage Firms - Boston North Shore Area
- Just got a client from going door to door giving out my brokerage quarterly magazine!
- Opinion: Contract to Close Consultant/Coordinator
- What do Transaction Coordinators do for you?
- GRI Certification worth investing time into?
- In search of a new broker
- Can a buyer back out of a deal for something they already knew was wrong?
- Are luxury home certifications worth it?
- (Buyer) I feel like my realtor is dropping the ball
- What Do You Get From Your Team?
- Question about closing in a house. I signed a counter offer, now what?
- If housing prices are inflated, would the price of building a custom house be similarly inflated?
- online real estate schools
- Are my expectations unrealistic?
- Potential Florida Realtor on Beards
- Determine foot traffic?
- State exam
| Is it okay to ask a realtor to come look at our house? Posted: 15 Sep 2020 05:15 AM PDT We're thinking about moving out of our neighborhood and into a better house/area. Since this is our first house (new construction) and we've done a lot of improvements, we really have no idea what we can sell for. There haven't been any recent listings in this neighborhood since Covid hit, but I know the market in our city has gone crazy with low inventory and higher sale prices. The catch is that we don't know if we can profit enough to afford the next house, and that's the deciding factor on if we will list or not. If we can't afford what we want, we're going to wait a while and pay down more on our mortgage. Is it okay to contact our realtor and ask her to come out and see the house to give us an idea of what we could list for? I don't want her to feel we're wasting her time if we decide not to list right now, but if we do list it would obviously be with her. Is this a common thing people request? [link] [comments] |
| Opendoor Reaches Deal To Go Public Posted: 15 Sep 2020 06:22 AM PDT |
| Mrs and I are going full time! Posted: 14 Sep 2020 07:08 PM PDT My last day at my day job is tomorrow, and i'm kind of freaking out right now. The wife and I have 9 months of savings and will be purely subsisting on Real Estate sales. Wish us luck! And as always any advice is welcome! [link] [comments] |
| Posted: 15 Sep 2020 08:52 AM PDT How does your average day looks like? What time do you guys start working? When do you go home? What do you do in the morning and then afternoon? When do you generally take a day off? [link] [comments] |
| Advice On Brokerage Firms - Boston North Shore Area Posted: 15 Sep 2020 09:35 AM PDT Hi Hope everyone is doing well. I have just completed ny realtor license, I did self study so no online classes from a Broker/Trainer. I am on the Boston North shore. I am interested in joining a broker team to get started and can go for about 6 months without generating income. . Does anyone have an opinion on Keller Williams Market Centers - Beverly or Newburyport; Barrett; Windhill; Landvest; Redfin; Coldwell Barker? I have found out that KB Beverly has a 64/36 split. Thanks! [link] [comments] |
| Just got a client from going door to door giving out my brokerage quarterly magazine! Posted: 15 Sep 2020 12:25 PM PDT I'll start out saying I am new, and just moved to a completely different part of my country (USA). My brokerage has magazines every quarter. Basically, luxury homes, beach side patios, interior design. I live in a college town at the moment, so I did some brainstorming and thought how I'd get the best reach for handing these out. On the top right of each magazine, I have basically a replica of my business card, except it's a sticker.
It's then that I came down with the idea of giving my magazines to Sorority Houses near campuses. I left the magazine on the front doorstep or their patio table, if they had one. If someone was already sitting outside on the front porch, I went directly to them and introduced myself. Boy oh boy, I'm only 29 years old, but it was interesting flipping through & showcasing a luxury real estate magazine to 20 sorority girls. I never envisioned this in my life, haha. Anyway, I went door to door to 15 houses and today, a girls aunt reached out to me about selling her home. I walked her through the process and I've got my first client! Anyways, just excited. It's tough out there starting out but door to door networking CAN work, still! [link] [comments] |
| Opinion: Contract to Close Consultant/Coordinator Posted: 15 Sep 2020 11:18 AM PDT Hello! I am interested in your opinion(s) on whether starting a contract-to-close business is a good idea. I worked in Relocation/Real Estate during college and have been working in finance for the past two years. I am am thinking about registering for an LLC and offering contract-to-close services to local realtors (my family and I have a decent network I could initially prospect with). My question: Is this a viable business? Do you feel like realtors actually utilize this service? What would make this service "worth it?" Thanks! [link] [comments] |
| What do Transaction Coordinators do for you? Posted: 15 Sep 2020 11:11 AM PDT (Michigan, is someone wants to tell me specifics about the state!) Basically, I've been an agent for about a year now. Closed a handful of deals. Still working my W2 but I managed to make $30k as a "part time agent" but this is also in THIS market. I have kind of realized that I'm not the biggest fan of being an agent. I like being an agent because I like representing myself, I have rental properties. However, I don't mind the transaction work. In fact, once we have an executed PA, I generally breathe easier because, though a lot can go wrong, I have processes for this part. Also, my lifestyle is to visit Hawaii (parents have a second home) for Jan/Feb every year. — from what I understand of the role, of transaction coordinator can be done fully remote. Also, real estate slows in the winter months in Michigan, so added bonus. I really want to quit my job next year (rentals cover all expenses but no wiggle room) and my brokerage doesn't currently use transaction coordinators (investment brokerage). Is anyone available to give me a day in the life? Currently I do process management for my W2, goal would be to go to a W2 transaction coordinator role for a year or two (so I can still get mortgages) then move to independent contractor type role. [link] [comments] |
| GRI Certification worth investing time into? Posted: 15 Sep 2020 10:01 AM PDT I have been tempted by my boss to pursue and become a GRI Designee. The pitches on the NAR website state you learn high quality skills and can earn more (I guess due to knowledge and skills). Does anyone here have any information to share about earning the GRI or if it is in fact worth sinking my time into? Some slight info about me. Undergrad in Economics, licensed CPA, just got my Real Estate license in August. Currently working as a Real Estate analyst. Would GRI be beneficial to someone like me? [link] [comments] |
| Posted: 15 Sep 2020 05:41 AM PDT I'm a part time realtor but really could use some good one on one coaching and my broker has never really provided that after asking many times where I can seek for help. Im located in North Texas, anyone have a broker in mind and willing to help me? [link] [comments] |
| Can a buyer back out of a deal for something they already knew was wrong? Posted: 14 Sep 2020 04:40 PM PDT I'm curious - is a buyer allowed to cancel a deal if they discover something that was already disclosed to them in the beginning? For instance - let's say the house needs a new roof and they were made aware of that in the disclosures and all parties agreed it needed to be replaced and therefore the sale price was lowered by $20k b/c of that. Can they then come back and list the roof as an issue during their inspections as a reason to cancel the deal? And if so can you ask them to list that issue as the specific reason on the Cancellation of Escrow document? This home is in California, thank you. [link] [comments] |
| Are luxury home certifications worth it? Posted: 14 Sep 2020 10:40 PM PDT I am getting my real estate license in Tennessee and would like to work in the higher end market. Not a get rich quick or delusions of grandeur, just what I want to want to specialize in. Are any of the non NAR certifications or designations for luxury real estate worth anything, or am I looking into something that has no worth at all? [link] [comments] |
| (Buyer) I feel like my realtor is dropping the ball Posted: 14 Sep 2020 08:49 PM PDT My fiancé and I are trying to navigate buying a home in a very hot market (Boise). We've both grown up and work here. We've qualified for a $300,000 FHA loan and homes in this budget are hard to find. We've been looking in earnest for about three weeks. To keep it brief, we've been flexible on all aspects of the home we want (fixer upper, lot size, garage space, location, turn key, etc). Our agent hasn't sent us any listings, we've sent him all of them. We've been proactive about viewing homes as soon as possible, viewing without him, etc. We have made 3 offers so far, and would have made 5 if two homes would have accepted FHA. We've had the following time line of frustrations: -Gave poor advice on what a reasonable offer would be on the first home we wanted. Our offer was clearly too low even though we could have and were willing to offer more -Told us he called a listing agent at our request and later that day the list price was dropped, and at the end of the day said he still couldn't get ahold of the agent -Notified us at 6pm the night before he was leaving town for an unspecified time. Told us his partner agent who we hadn't been introduced to could help us (later told us it was family issues needing resolved, which is totally understandable, but should have been communicated) -This partner agent was very rude to my fiancé on first contact, was rude to both of us at first showing, and later offered a very weak apology when we complained to our original realtor -Partner agent showed up sick to show us a home -Realtor failed to tell us when he was back in town -After a showing of a house that was misrepresented in the listing, he asked us to give him "marching orders" despite us having expressed interest in 2 other homes within our budget and us being obviously interested -Was disinterested in pursuing a home that we had visited an open house on ourselves that he didn't see that was 10k under our budget -We asked to walk through the home with him and he said "I trust you guys" and said he would call the agent -We reached out to our lender and got our max offer on the home, which was $5,000 more than expected, and told him we wanted to make a move on it -The next day he said he hadn't heard back, and we should be patient. We found there was new open house scheduled for that same day and asked him to go -At the open house he revealed to the agent (who was filling in for the listing agent) that he had TEXTED the listing agent not called, and didn't hear back. -We found out that offers needed submitted in the next four hours, so it was a scramble to do so. -We had to reach out to him two hours after our contract deadline (which the listing agent said would be reasonable) to learn that the seller wanted another 6 hours, which we granted because what else can we do? We explicitly expressed the stress that the waiting with no information was putting on us. We just found out (45 minutes post deadline, and with 0 other efforts to check in throughout the day) we were declined, with no additional info. We feel like we are playing this game to the best of our ability, but our "coach" doesn't care if we win or lose. Beyond that, we don't feel he is doing anything at all to be proactive, and his reactive efforts are the bare minimum. We would love to know if we are just naive and impatient, or if we should find a new realtor ASAP. [link] [comments] |
| What Do You Get From Your Team? Posted: 14 Sep 2020 04:01 PM PDT I have been licensed for 3 months. I still have my full time job, and hoping to transition to full time real estate in 6 months. My job has flexible hours, so it's not an issue at the moment. I thought I could do it alone, so I paid for a coach who gave me listing presentation, buyer presentation, etc along with phone scripts for FSBO, expired, and cold calling. His whole coaching is based on phone prospecting. The problem is, I quickly realized I don't want to call people who do not want to be called. I don't like it and I won't do it. I want to create a business that doesn't rely on me cold calling. I am thinking about joining a team that doesn't require me to cold call for hours. I figure by belonging to a team, I would have more opportunities and guidance for open houses and other kinds of lead generation methods. My question is, what do you guys get from your team that you couldn't get it yourselves? I am going to interview a few teams, and I want to have realistic expectations.
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| Question about closing in a house. I signed a counter offer, now what? Posted: 14 Sep 2020 06:00 PM PDT Ok so I put an offer on a house, the seller countered. I signed the counter. But now I'm wondering how long the seller has to sign the counter??? The original offer I put had 72 hour time limit, but this new counter offer seems to not have a time limit for the buyer. What is the California law on the limbo state? Does the seller have a time limit for them to sign my counter?? I'm confused lol EDIT: I should mention the counter is written as an addendum to the original contract a "seller counter offer" and also says "all other terms to remain the same." So does this addendum adopt the original time limit or is it now open-ended? [link] [comments] |
| If housing prices are inflated, would the price of building a custom house be similarly inflated? Posted: 14 Sep 2020 08:00 PM PDT We have the time and funds to build for the first time, but we wonder about the timing. Typically people say it's cheaper to buy a pre-built home. Does that hold true right now, during this seller's market and covid? [link] [comments] |
| Posted: 14 Sep 2020 07:12 PM PDT Hey everyone! I am interested in getting my real estate license in Washington DC. I have worked as a General Contractor managing builds of schools, dollar generals, dental offices, multi family, etc for about 5 years. I am currently as APM on a 500 unit multifamily build and a modernization of a school from 1910. Id like to learn the side of the business of purchasing properties! I am hoping to have a side hustle and help sell properties on the weekends a bit. I feel earning the realtors license could also help me with further personal development investments in the future. Plus, winters approaching and the pandemics here, why not learn?! Is there an online school you may recommend over another? I need to knock out my 60 hours of in class work before I may pursue the salesperson exam. Any advice is appreciated. Thanks! -Eliot [link] [comments] |
| Are my expectations unrealistic? Posted: 14 Sep 2020 06:06 PM PDT Hello realtors of reddit! My husband and I recently decided it was time to start house hunting. We found a listing we were really interested in but didn't know where to start. We got our pre-approval from our VA lender and they have a service to connect us with a realtor who is well versed in working with VA loans. They sent the realtor an email with us on copy to introduce us and get communications started. It took several days and a follow up email before she finally reached out. [link] [comments] |
| Potential Florida Realtor on Beards Posted: 14 Sep 2020 05:45 PM PDT I am a 21 year old male who wants to get into Realty in the wonderful state of Florida in the Tampa area. I have an older lady who is a seasoned realtor, in her 70s, who wants to "mentor" me. I have a beard, it is clean and trimmed short, and she wants me to ditch the beard claiming that I won't do well with a beard because people "don't trust bearded men." I tend to disagree with that statement but I don't have any verifiable evidence or anyone else to ask about this. If you think its okay to have a beard, what can I say to her to convince her so she won't be so overbearing about it? Also can realtors have clean cut beards, and does it effect their performance in any way? [link] [comments] |
| Posted: 14 Sep 2020 04:57 PM PDT I have a client who wants to open an icecream store in an area thats further out of my direct sphere. We found a good space but need to determine the foot traffic since its right off the street we desired the most. How can i go about this? How can i prove its quality of traffic? Stand outside and film a time lapse for 12hrs? Ask the local newspaper? Lol, kidding, but how? [link] [comments] |
| Posted: 14 Sep 2020 01:33 PM PDT I'm in Florida and applied to take the real estate exam and I know it said it takes two months but does it really? How long did it take you guys to receive your approval letter to take the exam? [link] [comments] |
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