• Breaking News

    Saturday, November 21, 2020

    Realtors: Tattoos In Real Estate

    Realtors: Tattoos In Real Estate


    Tattoos In Real Estate

    Posted: 21 Nov 2020 06:44 AM PST

    I have a full sleeve and half but typically cover them up for first time interviews and meetings, and depending on the client, I usually keep them covered the whole time. I do, however, encourage my agents to be themselves and they're more than welcome to show them with proper attire. None of mine nor my agents tattoos are demonic or offensive...just body art. When I am not working, I find them to be a great conversation starter because I get compliments on them, or can ask a stranger about theirs. What are your thoughts on tattoos in today's world of real estate, and do you show or hide yours?

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

    Resources for Starting a Brokerage in Los Angeles

    Posted: 21 Nov 2020 11:46 AM PST

    Howdy. I'm looking for resources to learn more about the process of starting a brokerage in Los Angeles, California. More specifically, I'm not concerned with the licensing (I am already a broker) but more so what legal requirements (city, state, insurance, etc.) and best practices (organization, entity structure, etc.) one would follow to open up their own shop. Any links or advice appreciated!

    submitted by /u/--TX2CA--
    [link] [comments]

    Gift card tax write off?

    Posted: 21 Nov 2020 09:08 AM PST

    Is there any reason not to buy gift cards even visa gift cards and keep receipts for a full tax write off? Seems to be the only way I can give a cash referral gift that is traceable for tax purposes. How do you pay your friends/clients for referrals? In Utah we have a referral cap of $250 but I don't know if that is all a tax write off. And is there any limit to the size of client gift you can write off? No limit for actual client gifts legally but how about for tax purposes? Thought I read that you can only write off $25/per person for gifts.

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

    This is the guy behind OpenDoor and Compass. ��

    Posted: 20 Nov 2020 08:37 PM PST

    How I passed the California Real Estate Salesperson Exam November 2020.

    Posted: 21 Nov 2020 10:09 AM PST

    Hello and happy Saturday. I wanted to share my personal strategy on passing the California Real Estate Salesperson Exam in the Los Angeles Area.

    <School> Immediately after graduating with my master's degree, I signed up for Real Estate classes in the Los Angeles Community College District. My previous internship became a full time job, which I did 6 months prior to graduation, continuing to starting my study in Real Estate. I only took online classes and started in Summer 2019.

    RE 001 (LACC) - Real Estate Principles

    RE 003 (LACC) - Real Estate Practices

    RE 005 (ELAC) - Legal Aspects of Real Estate

    These were correspondence (online) classes, in which the answers to the questions were a Google search away. I really liked the curriculum from ELAC and LACC because there were projects for filling out forms. For a 8 week online class, and doing full time work, I had to drop Real Estate Practices.

    I didn't feel confident taking the salesperson exam because all I did was do online questions and lacked the fundamental foundation. Onto Fall 2019, I took the following classes.

    RE 003 (WLAC) - Real Estate Practices

    RE 007 (LACC) - Real Estate Finance

    RE 009 (WLAC) - Real Estare Appraisal 1

    RE 010 (WLAC) - Real Estate Appraisal 2

    RE 018 (LACC) - Real Estate Investments 1

    I retook Real Estate Practices, and the second time around it was easier to stomach. I realized that the Principles and Practices classes are meant to be a survey course, to which there is a lot of concepts to introduce. It made sense why only one elective was necessary, because the additional class would reinforce concepts covered in the Principles and Practices class. This was also the time that I started another job in a completely new industry doing paperwork for the government.

    Onto Spring 2020, which was when COVID19 came and turned any face-to-face class into remote/online. I wanted to take an actual live Real Estate course, and there was an opportunity at Glendale Community College, which was designed to be a pre-license preparation course. Unfortunately, it became a remote online class, and it felt too similar to an online class.

    Bus 015 (LACC) - Business Statistics

    RE 006 (LACC) - Legal Aspects of Real Estate 2

    RE 014 (ELAC) - Property Management

    RE 021 (WLAC) - Real Estate Economics

    RE 024 (EACC) - Community Interest Development

    RE 105 (GCC) - Real Estate Pre-License

    Around June, I submitted an application to take the Real Estate Salesperson Exam in California, particularly in the Los Angeles Area. After a couple of weeks, the earliest time to take the exam was in November 16th. What my classes taught me were great at learning individual concepts and test questions, but I still felt that I lacked that one crucial piece, which would integrate everything that I had learned.

    Three days before my exam, I decided to go onto YouTube for my desperate last stand. These were the videos that I watched and wrote down committing to memory:

    Real Estate License Wizard's "Real Estate Practice Exam Questions 1-50 (2020)"

    Real Estate License Wizard's "Real Estate Practice Exam Questions 51-100 (2020)"

    Real Estate Exam Prep's "California Real Estate Exam 2020 (74 Questions and Answers Explained)"

    Two hours before the exam, waiting in the parking lot, I watched this video:

    Prep Agent's "1 Hour Real Estate Crash Course with Irene"

    This review of definitions in the correct context was just what the doctor ordered, and I got the foundation needed to pass the exam.

    I went into the testing area, finished in one hour. I took a bathroom break and stayed an additional 15 minutes, re-reading and changing about 10 answers. I was the first one out, they gave me my results on a folded piece of printer paper and instructed me to open it outside of the building.

    I got to the elevator, and undid the staple, showing that I passed. I would like to thank Ms. O Anderson at ELAC and Ms. C Taber at GCC!

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

    Picking a Real Estate Board?

    Posted: 21 Nov 2020 08:19 AM PST

    Hello, i am a new real estate agent and am trying to figure out which board of realtors to join. Some are super expensive and some are not but I cannot figure out what I get from each one. If i join a certain one, do i only have access to certain listings? I am in Connecticut and i know its different in each state but need some advice

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

    Military Reservists

    Posted: 21 Nov 2020 07:15 AM PST

    Are any of you in the military reserves? What has been your experience in balancing REALTOR duties with Reservist duties?

    submitted by /u/alexw0122
    [link] [comments]

    Newbie sorta with questions

    Posted: 20 Nov 2020 10:32 PM PST

    I'm gonna be based in Florida and going to be taking the course but I had some stupid questions such as:

    Once you are licensed, you obviously find a company to become a realtor for however how does finding clients work? Does someone teach you about listing? Can you do photography for the home yourself? And how does putting something in contract work?

    Sorry for all the dumb questions.

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

    What happens when someone buys a home that has upgrades but no permits

    Posted: 20 Nov 2020 01:53 PM PST

    My buyer is hooked on this home and I really think it isn't a good idea at all. Im looking through disclosures a lot to repair and upgrade with no permits.

    What kind of risks are there for situations like this.

    submitted by /u/PregnantNuns101
    [link] [comments]

    Video Marketing Instagram

    Posted: 20 Nov 2020 07:42 PM PST

    I want to video market// FB and Instagram some luxury properties as a new agent. I want to build a strong social media presence in my market and to do that actually need to be able to film me walking through high-end properties.

    How should I go about this? Is it unprofessional to simply ask a listing agent on a high end property to let me come in and video the home for use on social media? Do I need to include my brokers name in the video even if the listing is held with another broker

    submitted by /u/ASM3434
    [link] [comments]

    What to do about repairs that seller didnt do

    Posted: 20 Nov 2020 07:26 PM PST

    Hi all, I'm interested in some opinion on a situation. I have clients who bought their first house in July. Long story short one of the problems noted in the inspection was that the sump pump didn't work and wasn't in a proper pit. Sellers agreed to make all repairs/corrections to have a functioning sump pump. Got an invoice from a contractor confirming proper wiring had been put in, but all agreed seller could dig the pit and hook up the pump. They said all the work was done. Closing was contentious because buyers had several financing delays, sellers threatening to back out, etc and we didn't get access for final walk thru until day of closing. I honestly didn't even think to go into the crawlspace to look at the sump pump. A few days ago my clients call to say there is 6" of water in the crawl space and they got a $1500 estimate to pump it, put in New pump, pit, drain, etc. My initial reaction was "oh ****" but I told them to have the bill sent to me and I'd get it taken care of. I know at this point getting the other realtor or seller to pay for any of this is slim and I dropped the ball not to verify it was fixed before closing, but I feel like the do have some responsibility to contribute towards this, even if just morally. Your thoughts, or specific argument to present them with when making the request?

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

    1 comment: