• Breaking News

    Tuesday, October 6, 2020

    Home Unlabelled Realtors: 1000$/month in agency fees

    Realtors: 1000$/month in agency fees

    October 06, 2020

    Realtors: 1000$/month in agency fees

    1000$/month in agency fees

    Posted: 06 Oct 2020 04:48 AM PDT

    I just met with an agency in quebec, and they ask for 5% of your commissions +1000$/month in fees. How does that make any sense for someone just starting ?

    submitted by /u/frankmaloca
    [link] [comments]

    Passed my exam! Have some ideas and would love some feedback.

    Posted: 05 Oct 2020 09:27 PM PDT

    Hi all,

    I'm pretty stoked. I just passed my exam and I'm interviewing some brokerages this week. I've read the megathread for beginners but would love some feedback from you all in regards to my thoughts on how I should start my real estate business.

    For brokerages, I talked to one which is probably the lowest cost. No desk fee, $300/year for administrative fee, $375 per deal. $1300 one time fee to join. The managing broker was cool. He said I can join a team for mentorship or if he can mentor me in the first few deals taking 25%. This doesn't sound bad at all since I'm excited to prospect myself and do marketing. I work in corporate software sales as well so I'm no stranger to cold calling, networking etc. I've also done d2d sales too so door knocking doesn't phase me.

    I've talked to 2 agents at different brokerages who pay $700/month desk fee and we didn't get into splits. I have some meetings lined up with these other brokerages.

    In terms of mentoring, my dad is a realtor and he suggests going to the no desk fee one since he can mentor me if I have questions. I'm thinking of going with that one.

    Would love to get some feedback on my line of thinking there.

    The second thing is my website. I'm thinking of using Squarespace and plopping IDX on there myself. $18/month and I know how to program so it doesn't look hard to do. I have digital marketing experience as well from other businesses I've started (but failed). I'll also be integrating HubSpot as my CRM to Squarespace.

    I know some of the big box brokerages include websites, CRM, marketing support etc. But I don't feel like I need to pay $700/month plus a ton of my commission is really worth it. I might be wrong but does a brokerage name really matter that much?

    What am I missing? Does going with the cheap brokerage, building my own website, handling my own marketing and lead gen, having my dad mentor me sound like a good starting point?

    I will be doing this part time for now since my main job is super flexible and pays well. I've just always loved real estate and sales so maybe this will become my full time business eventually.

    I'm so excited, would love to hear what you all think!

    Thanks.

    submitted by /u/alwaysgrowingg
    [link] [comments]

    Businesses card photos help

    Posted: 06 Oct 2020 07:53 AM PDT

    Hey agent's, I'm having professional photos taken today. I feel that a suite and tie are a little too formal for my SoCal market and, a polo shirt is too casual for business cards. The shoot is at a park and I have a few back drop settings, I just need help with wardrobe. Thanks

    submitted by /u/Jeff92104
    [link] [comments]

    Let's hear it...

    Posted: 06 Oct 2020 07:43 AM PDT

    Citi Private Bank

    Posted: 06 Oct 2020 06:45 AM PDT

    Saw the earlier post re Chase and want to ask about Citi Private Bank, which is Citi's offering for individuals with net worth in the millions (not sure of minimum cutoff these days).

    Would this type of arrangement, which is far more hands on and client focused, be seen as a bad thing? When structuring an offer, is there a way to signal that this isn't regular old Citi?

    submitted by /u/greencapsfan87
    [link] [comments]

    I saw some related posts but I'm thinking about it: How many of you carry?

    Posted: 06 Oct 2020 06:36 AM PDT

    In Ohio, we just had a situation where a convicted sex offender asked for "a young female agent" to show a home. He had a kidnap "kit" in his car, etc. Our local police have been notified, etc, but I am hearing more of my female agent friends are licensed and carry. I have never been someone who thought they would carry a gun, but I'm starting to re-think it.

    submitted by /u/huskerduer
    [link] [comments]

    Using chase bank mortgage

    Posted: 05 Oct 2020 07:21 PM PDT

    I'm in the process of selling a property that has received multiple offers. My best offer so far is a buyer use my chase to finance. I'm trying to decide whether to go with chase for higher even though I've heard that it takes longer to close. Or a buyer with a local mortgage broker

    submitted by /u/drexelly
    [link] [comments]

    Want to practice scripts with real people online?

    Posted: 05 Oct 2020 11:54 PM PDT

    Me too!

    I'm currently in New Zealand riding out my visa longer than planned due to covid, and I want to get some good training in rather than twiddle my thumbs!

    So I created a Facebook group for realtors(and soon-to-be realtors) to have access to a pool of other people who also want to practice.

    Interested parties, click here for the group!

    submitted by /u/roamingrebecca
    [link] [comments]

    Realtors who have been in the game 10+ years, what are some timeless design characteristics buyers consistently look for over the years?

    Posted: 05 Oct 2020 02:49 PM PDT

    There are certain trends that come and go...and even some that come back again!

    but has there been anything that sticks out to you as buyers consistently seeking out or being drawn to over the years (aside from a structurally sound house and systems of course).

    For reference (and full disclosure), I'm asking as a first time home buyer who plans on making a couple updates to my home before I move in. We plan on staying in this home for a while. Right now there is popcorn ceiling, carpet, wall paper and a more traditional layout.

    We are considering hardwood floors, flat ceilings, removing wallpaper/new paint and maybe opening up a wall or two between kitchen and living areas for a more open floor plan. Of course we are making these changes because we want to enjoy them while we live there...it just got me thinking about design over time.

    Anyhow, just a fun discussion! Thanks!

    submitted by /u/housedreamin
    [link] [comments]

    Lunch with realtor

    Posted: 05 Oct 2020 03:26 PM PDT

    Next week I am having lunch with one of the top performers in my area. I am thinking of getting my real estate license and wanted to pick his brain about getting started and other things. My biggest thing right now is what should I wear. Should I go business casual or jeans and a collared shirt or a full-suit? Just don't want to be way underdressed and leave a bad first impression.

    submitted by /u/mwyss19
    [link] [comments]

    Tools For Tracking & Scheduling Follow-Ups?

    Posted: 05 Oct 2020 03:24 PM PDT

    Howdy everybody!

    I was just curious what tools everybody uses to schedule and manage follow-up communications with leads. I was looking for something like Google Calendar where I can have a task auto repeat from a certain date. But, I'd like to keep it seperate from the rest of my Calendar.

    Any suggestions?

    submitted by /u/RelayFX
    [link] [comments]

    Licensed CA state broker -> WA state managing broker?

    Posted: 05 Oct 2020 07:35 PM PDT

    I am wondering about using my CA state broker license (licensed 5 years) to become a managing broker in WA state. I believe this is possible but I am trying to figure out any gotchas. Thanks!

    submitted by /u/scm007
    [link] [comments]

    Template tracker (google apps ie docs or sheets) for important transaction dates.

    Posted: 05 Oct 2020 03:16 PM PDT

    Does anyone have one handy? I am trying to be hyper organized about contingency dates across multiple listings. Simple calendar is not preferable. Thanks Reddit community.

    submitted by /u/checkstuffout2020
    [link] [comments]

    Accountability partner/group

    Posted: 05 Oct 2020 02:51 PM PDT

    I cold call 2-4 hours a day depending on my schedule. I'm looking for an accountability partner or even a group.

    If anyone's interested, message me and let's get started.

    submitted by /u/Reneeglidez
    [link] [comments]
    Read more
    at

    No comments:

    Post a Comment