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    Sunday, December 27, 2020

    Realtors: Real estate investors make $30,000+ a year on one deal. What’s in it for non real estate professionals to see a deal at all?

    Realtors: Real estate investors make $30,000+ a year on one deal. What’s in it for non real estate professionals to see a deal at all?


    Real estate investors make $30,000+ a year on one deal. What’s in it for non real estate professionals to see a deal at all?

    Posted: 27 Dec 2020 07:18 AM PST

    Is it legal to contact owners of "off market" homes? (FL)

    Posted: 27 Dec 2020 11:39 AM PST

    Hi everyone,

    I found a lead on Facebook, and he's been texting/calling me frequently to contact owners of off market single family homes (Florida) and to try to negotiate listing and selling their homes. Some of these homes are not in the MLS at all, not even under expired or cancelled. Is this legal? He is using some tool called prop stream or something of that sort, and says he's a RE investor...

    I am a fairly new Realtor (4 months), and I know that some people do something similar for expired listings, but never heard of contacting owners directly for off market homes?

    Any feedback is appreciated. Thanks!

    submitted by /u/Digitaria_
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    Someone casually dropped that you can be at your own brokerage and show homes for Redfin at $60/showing. Does anyone else do this? Have experience?

    Posted: 26 Dec 2020 02:57 PM PST

    Basically, I love my broker. I don't want to leave my broker. $300/y, no splits.

    However, I heard about the opportunity with Redfin in the title. I don't know anyone who does it and looking at their website, to do it you must be contracted to them but have a license? I don't fully understand the setup.

    submitted by /u/razorchick12
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    Should I change my name before getting my license and making business cards?

    Posted: 27 Dec 2020 08:25 AM PST

    I'm a male about to get my RE license in Illinois and have a Polish name spelled Karol and it often gets mistaken/made fun of/Misspronounced for being a woman's name, Carol. My parents are pretty upset that I brought this up to them and think there's a lot of hassle in changing my name for just one letter to Karl, so I could be more comfortable and not start (almost) every conversation with a new customer by correcting their pronunciation of my name. I feel like it'd be a weight lifted off of my shoulders and once done I could have peace of mind for the rest of my life. I'm willing to do all the legal work and procedures for a name change in my state. My parents suggested I put Karl on my business card without changing my legal name but wouldn't that make legal issues and confuse clients if I have to tell them to spell my name differently on documents. Any advice or input is appreciated!

    submitted by /u/SimplyDominant
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    Is anyone else a nerd when it comes to digital marketing? Facebook ADs, Google ADs, YouTube ADs, & just social media in general? And if so... want to be friends?

    Posted: 26 Dec 2020 07:16 PM PST

    Title pretty much says it all...

    I'm currently business planning & came across creating my marketing plan for Q1. While I was doing this, I was thinking it would be great to have someone to talk to about ideas & exchange ideas.

    I'd love to be a soundboard for any successes you have had, or ideas you have for generating more leads then the competition.

    EDIT: Thinking about making a Discord server... But I legitimately want this to be a place where everyone can share their ideas openly & everyone knows their ideas hold VALUE.

    Sure you can join another Facebook group, but no one likes to post in there consistently... I'd want this to be a place where people are CONSTANTLY interacting & posting in it.

    Think of one large group text between top realtor marketers around the country.

    EDIT: I did the damn thing & made a discord server. Join here! https://discord.gg/kw3zdgFG

    submitted by /u/BobbyBoucherProdigy
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    Buyer wants to contract a third-party pool company for their new home currently under construction with a reputable builder

    Posted: 26 Dec 2020 07:33 PM PST

    If I'm representing the buyer in this deal, how can we be sure that a pool can be built on the lot? All we did was let the builders sale rep know that we were only interested in lots that can fit a pool. Is that enough? Or is a survey recommended?

    New agent in Florida. Any advice helps. Thanks and happy new year.

    submitted by /u/anotherlateJay
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    Which company’s practice tests did you feel were most similar to your license actual exam

    Posted: 26 Dec 2020 06:28 PM PST

    I'm from NJ but anything out of state folks used is helpful too!

    submitted by /u/didinani
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    Not Your Typical "Which Broker Should I Choose" Post

    Posted: 26 Dec 2020 01:35 PM PST

    Hello friends, I've come to the point in my career in which I need to choose a brokerage to hang my license at. But I am faced with two choices and feel I am not wise enough to know which to choose on my own.

    Background: 19 Year old living in Tampa Fl. Not much savings (really none) so after I pay to become a Realtor I will be with no money. I do plan on Doordashing to supplement my income but plan on getting deals the moment I can.

    Problem: So there are two brokerages, each with their own pros and cons.

    The first is a new brokerage on the block named Align Right Realty.

    Details; 70/30 split for the first 3 transactions while I am mentored. After the mentor program the split goes to 100% with a $50 error and omission fee per transaction. There is a $100 monthly fee and a $295 annual fee. But here's where things get good, in my opinion. All the following are free; KV Core, OPCity, RedX, Paradym, and Cole Realty, all very expensive bought individually. They also pay for virtual staging and photography and free printing haha . The training, which is most important in the start is from what I can see, mediocre. A lot of online training and not much in person.

    Next is Keller Williams

    We all know about KW, we know about their training and their fees. This particular brokerage has a 50/50 split for the first 4 transactions then goes to 64/36 until the commission cap. $375 registration fee. $265 yearly fees and $40 monthly. The training is in depth but it does cost. The big thing about this particular brokerage is that a close friend of many years works there as a top agent and is offering to help me out whenever I need. I think this would be of great benefit but maybe I am being naive?

    Any input and advice would be greatly appreciated.

    TLDR; I am stuck between choosing KW with good training but nothing paid for by the brokerage itself vs a newer brokerage with everything a realtor needs when starting up paid for, yet an unknown training program.

    submitted by /u/OverlyElevated
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