Realtors: Diggin’ a hole? |
- Diggin’ a hole?
- It was the best of times, it was the worst of times...
- How do I get advertisers to STOP calling me?
- What can I provide of value to FSBOs in order to build relationships?
- Rentals database provider?
- Reciprocity between IL and IN licenses
- New Virginia licensed Mortgage Loan Originator, need advise on marketing and how to best establish real estate agent partnerships!
- Down in the dumps. Need to focus on one lead source. What should I do?
- Using a DBA for name?
- Lead gen question
- The most creative thing you’ve done to get a FSBO?
- What is your favorite way of expense tracking?
- What’s your struggle?
- Who would I contact to make a complaint in regards to an RE/MAX realtor?
- (Not a realtor) Etiquette question
- Ride or unethical?
- New Build will not allow me to represent my buyers
- How much could a 3 bedroom, 2 bathroom house, 2 stories, with a really good view in Chelan sell for?
| Posted: 13 Oct 2020 06:03 AM PDT Am I digging myself in a hole financially? I'm working on getting my license with the hopes that I will show houses for a friend part-time. He does very well in the business and I hope he will teach me the ropes for 1-2 years before I retire from my job, then I would like to become part of his brokerage full-time. I understand in my state that I must have a physical office, and I know it costs $$ to work with a broker. How much do you expect that I will spend maintaining office/brokerage affiliations? I'm in Alabama but looking for overall input from various agents in multiple states. [link] [comments] |
| It was the best of times, it was the worst of times... Posted: 13 Oct 2020 11:55 AM PDT For the Realtors that have been around for a few years, what did you do when the market was down during 2008-2012? Get another job? Left the business? Or did you plan for it and it didn't phase you to the point that you had to leave R/E behind? Just weighing out the pros and cons of being a full time agent and I know, like any commission based jobs, there are risks involved and some you can plan for and others that you can't. [link] [comments] |
| How do I get advertisers to STOP calling me? Posted: 13 Oct 2020 11:10 AM PDT My telephone number is published on the internet and I get several solicitor calls per day. I registered my phone number on the do not call registry, but does that even do anything when my number is used for my business? I have lost patience with this after three years and can't take it anymore. What to do? [link] [comments] |
| What can I provide of value to FSBOs in order to build relationships? Posted: 12 Oct 2020 03:19 PM PDT We know that only 8% of homes sold in the United States are FSBO, the lowest since 1981. They're most likely going to list with an agent. I've sworn off of the salesy-type gimmick that every agent hammers FSBOs with, and I've landed three face-to-face meetings of which are simple tours of the property. What can I provide that will be of value without doing free work for someone? For example, I'd provide a list of professional photographers, active listings that they're competing with in the area (not necessarily comps), and market statistics. [link] [comments] |
| Posted: 13 Oct 2020 10:33 AM PDT Hey guys, for those that do apartment rentals I'm wondering what provider you use for tracking all of your apartment rentals for a team. I'm looking for something that acts as a database for myself and agents on my team (within a brokerage) to input. Ideally looking for something that can also syndicate the live listings to advertising sites as well and has different levels of access controls. I was looking at nowrenting for something like this, but seems like they aren't taking any more customers since zumper bought them. What do you use and what service provider would you recommend for tracking all of the apartments you've worked with? [link] [comments] |
| Reciprocity between IL and IN licenses Posted: 13 Oct 2020 10:18 AM PDT Hi all, I live in Chicago IL and I'm investing in rental properties in Indiana but it becomes a headache getting information on properties from my agents, scheduling showings and putting in offers which are often times low. I was thinking of getting my real estate license and becoming a broker myself to speed the process along. There is reciprocity between an IL license and Indiana. My friend owns a real estate brokerage in IL and said I can hang my IL license with him. I'm confused about how reciprocity works. Am I allowed to broker deals in Indiana simply by having an IL license and a reciprocal IN license while hanging it only in IL or do I need to be affiliated with an IN brokerage as well? Do I need to pay the annual dues, MLS fees etc in both states as well? [link] [comments] |
| Posted: 13 Oct 2020 09:02 AM PDT Hey there, I am a new mortgage loan originator licensed to originate in the state of Virginia. I am trying to figure out the best way to go about getting leads and establishing connections with real estate agents. I have tried LinkedIn which has actually helped me connect with real estate agents , however I feel as though I haven't been getting as many connections as I would like due to limitations with invites to connect and also lack of engagement through the platforms messenger. I have also sent emails to real estate agents using their contact information listed on their Facebook business pages. I have connected with two real estate agents this way , but once again not a lot of engagement or feedback, especially through Facebook messenger. What are some good ways to get connected to real estate agents? Also , what are some products for lead generation you would recommend for getting more business as a loan originator ? Any advise would be much appreciated!! [link] [comments] |
| Down in the dumps. Need to focus on one lead source. What should I do? Posted: 12 Oct 2020 09:52 PM PDT Tried mailers, FSBOs, circle prospecting, facebook ads Never stuck to any of them and I have about 3 dollars left in my account right now I want to succeed but I'm overwhelmed by how many things you can do to bring leads in this industry What do? [link] [comments] |
| Posted: 12 Oct 2020 06:21 PM PDT Hello— I'm a new agent and am trying to figure out the name I want to use for myself as an agent. Anyone have any pros/cons for doing a DBA as a name vs. your own legal name. Are there any rules/legal guidelines here? (I'm in Illinois.) I'm a brand newbie and will be joining a brokerage so have to share logo/brand space, but hope to eventually be my own sponsoring broker and have my own team. Any insights? Does it make sense to start LLC or anything of that sort? Thanks so kindly! I'm all ears. [link] [comments] |
| Posted: 12 Oct 2020 08:00 PM PDT So it seems like to be successful in real estate, you really need to utilize your friends and social circle to generate business. I don't have too many friends who are looking to buy or sell right now. So I was wondering if it was still possible to be successful in real estate without having to use your friends? And if so, what's a good way to generate the leads? [link] [comments] |
| The most creative thing you’ve done to get a FSBO? Posted: 12 Oct 2020 10:04 PM PDT |
| What is your favorite way of expense tracking? Posted: 12 Oct 2020 04:50 PM PDT What do you use for tracking expenses? An app, old fashioned receipt filing, a website? TIA! [link] [comments] |
| Posted: 12 Oct 2020 08:22 PM PDT We all face our day to day challenges. Sometimes it helps to talk about them with people who may have gone through similar experiences before. I'm curious fellow realtors - during these crazy times what are you struggling with right now? [link] [comments] |
| Who would I contact to make a complaint in regards to an RE/MAX realtor? Posted: 12 Oct 2020 08:18 PM PDT Title says it all, I asked the realtor for a contact to their superior but he did not respond. [link] [comments] |
| (Not a realtor) Etiquette question Posted: 12 Oct 2020 03:46 PM PDT My wife and I are looking to sell our house if the price is right. We aren't feeling any pressure to sell, but we have a friend we could stay with and see how the market shakes out and walk away with a mean down payment for something that we could grow a family in (our current house is 100 years old, but under 700 sq ft). We have been talking to a realtor about this process. She set us up with some comps, discussed listing price, all the normal first step stuff. During this process we (me especially as I'm more reticent to sell than she is) were very upfront that if we didn't net enough we'd just stick around paying our mortgage and saving for a down payment for a bigger house a few year down the line. She seemed cool with that, there are 3 houses on the market in my town and none in this price range, so just getting something like this out there seemed to interest her. It looks like it's going to be hard for us not to sell it for a healthy profit. Our first bite is a friend of a friend we found on our own, the house isn't listed yet. This could very well be the sale, it's in line with the price we discussed with her but everything else thus far has been on us (met friend, mentioned we were thinking about listing, showed her the house). My question is, we would like to keep the relationship with this realtor open for buying our next house and to help with the selling process from here on in, but considering how we got to this point with a potential buyer I'm not sure were we stand on the idea of commission. There were no pictures, descriptions, showings to wrangle, open houses, etc. We haven't signed anything formalizing the relationship at all but she has been staying up with this potential private sale. A full commission seems a lot, especially because what we net is the *only* reason we started this process to begin with, but I also don't want to sour the relationship with the realtor that may help us once in a while with the close, or who has already started helping us find a new house (again, no hurry on this we have a place to stay and we're looking more for the right house than the right now house, I keep telling my wife I expect to leave this next house feet first). So, here are the options in my mind (feel free to propose another): 1) Full commission (fine if the sale falls through and the house gets listed, but seems like a lot for a private sale where, aside from pricing, the only leg work was paperwork based) 2) Some pre-agreed upon lesser commission or fixed amount for the sale and go ahead with working with this realtor on our next house as normal (this seems like the way to go for me, the middle ground "everyone's happy" option, but I have no idea if this is even done?) 3) Bail and go through with the private sale on our own with a lawyer only (I don't like this option for a number of reasons, both in a "burning bridges" way and a professional here to assist us way) So realtors, have you been in a situation like this. What's kosher here? [link] [comments] |
| Posted: 12 Oct 2020 04:50 PM PDT Just curious if anyone would have an issue if an agent asked you what your listing was under contract for? Obviously this is public info after closing.. Background: I'm about to list a house down the street and the info would be helpful! But won't have time to wait for the data. [link] [comments] |
| New Build will not allow me to represent my buyers Posted: 12 Oct 2020 03:42 PM PDT Hi, In Arizona we are working on a new build and after two weeks or so of getting the winning bid on a lot the builder says they will no longer allow myself to represent my buyer since his wife had visited the builder 2.5 years ago. I fully understand them going to the builder lets say 1 month ago then I show up 1 week ago expecting a commission since they have already signed in, but 2.5 years? This seems insane to me. Anyone have any ideas how to get around this and still represent my buyers? [link] [comments] |
| How much could a 3 bedroom, 2 bathroom house, 2 stories, with a really good view in Chelan sell for? Posted: 12 Oct 2020 05:58 PM PDT To put it in perspective, a house down the hill from us with no view, albiet slightly larger, sold for 700k. [link] [comments] |
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