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    Thursday, March 4, 2021

    Realtors: Is it really necessary to make a house as close to new as possible before putting your on the market?

    Realtors: Is it really necessary to make a house as close to new as possible before putting your on the market?


    Is it really necessary to make a house as close to new as possible before putting your on the market?

    Posted: 04 Mar 2021 10:08 AM PST

    Do you recommend sellers to re paint, or even make the colors more up to date, clean the carpets, power wash, etc before putting their home on the market? Lots of sellers ask me if they should do this, is it worth the investment? And this is referring to your normal home, that had a caring homeowner, a house that is not way outdated or a house that obviously need to be fixed up.

    Im asking is it worth it to make a home thats above a 7/10 in terms of condition deep cleaned and repainted to modern colors.

    submitted by /u/RealEstateSalary
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    Historical Mortgage Rates, 1971 - Present

    Posted: 03 Mar 2021 06:07 PM PST

    When it comes to developers - who’s in charge?

    Posted: 04 Mar 2021 08:54 AM PST

    I just recently was on the listing side of a transaction where the buyers were developers, they're a pretty established name in my city and I want to send a handwritten "Congrats" card with my business card in hopes of starting a relationship with them. I'm not sure who to send it to though, I'm on their website's "About Us" page and see the following titles: - President - Director of Construction - Director of Operations - Sales Manager - Project Coordinator - Purchasing Coordinator

    Which one of these would be the person to build a relationship with?

    submitted by /u/warminthesnowstorm
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    Partnering with Local Businesses

    Posted: 04 Mar 2021 11:27 AM PST

    I am thinking about trying to partner up with a few local businesses in my area. Possibly holding some promotional events this summer, fundraising, charity events, whatever it may be.

    Does anyone have experience with this? What is it that a realtor can bring to the table when doing something with other businesses? What I mean by that is, when I go to speak with a manager of a business, what can I offer them to make it worthwhile?

    I hope that makes sense

    submitted by /u/r-whispersin
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    Podcasts

    Posted: 04 Mar 2021 04:07 AM PST

    recommendations for a podcast that has a "think outside the box" view of generating business? Innovative and fresh....

    submitted by /u/lallot
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    In your opinion, how important is a real estate brokerage or team website?

    Posted: 04 Mar 2021 09:59 AM PST

    My partner who is the broker, wants to update our Brokerage/Team's website.

    We currently have a simple one that is more like a landing page.

    And we got a bid from a marketing company for $25k for a whole new website that is supposed to be comparable to the best ones out there.

    But that's just a lot of money. And while I feel it would be good to have a bettie website, I feel that websites don't really do much in terms of getting business.

    Most buyers search on zillow, redfin, the mis, etc.

    And we get reviews on google, facebook, yelp, zillow.

    But maybe I am wrong?

    Those of you who have websites, how much did you spend and what was the benefit?

    submitted by /u/ChewbaccasStylist
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    SERIOUS INQUIRY: for realtors with EXPERIENCE in ONLINE BROKERAGE

    Posted: 04 Mar 2021 06:43 AM PST

    I'm looking to change firms as I am not receiving much opportunity from the firm I am at now and I'm looking for any realtor who can give me some info on their experience in the virtual world.

    I am very aware of how online and in-person practices differ, but to be clear, I only want comments referring to online firms. I want to know the first hand experience of someone who has been through the process.

    Edit: I guess one of my biggest questions is how would I go about advertising?

    Also, what firms do you use?

    submitted by /u/ghost_w_the_most
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    Am I being dramatic or is my broker/boss toxic?

    Posted: 04 Mar 2021 04:56 AM PST

    I work in a small real estate office in Jersey. I've worked there for almost 4-5 years now. In the beginning, I was a young student and didn't notice anything strange. However, over the years, I've come to realize how toxic of an environment I feel that I am in.

    I just want to ask the community if I am being dramatic or my boss really is a toxic individual.

    Here are some of the things that have occurred over the last few months.

    1. Refuses to put anyone on the payroll. Everyone, including the front desk, receives a 1099 at the end of year.

    2. Knows that the market wage or salary for my current position (essentially an office manager now; I help with the hiring, training of agents and workers, prepare contracts of sale, listings, interview new agents, etc.) is between $20-$25 but pays me $15.

    3. Says that I never discussed with him the possibility of a pay increase. But when I ask for my paychecks every week, he says I used to not do this before. I didn't ask for my paychecks when I was a teenager that didn't have expenses, now I have a family!

    4. When I asked for my year-end 1099, he said that people who continuously ask for their 1099 are expecting a good return, but people like him wait until the last second to file because they have to pay money.

    5. Every single new agent or worker we get in the office, he says to prepare for them to leave. He believes that no matter how much you train and assist them, they will leave. When I devote my time to training, he says not to. "Only train them for 15 minutes". How much information can a person learn in 15 minutes?!

    6. All of our female agents leave. We only have one female agent in our office, miraculously she has stayed for a while. Over the years, most of the agents who have left have been women. He doesn't know how to communicate with women.

    7. I received a year-end holiday gift, it was a knock-off Lenox, that was evidently plastic. The worst part? It had rust on it and was obviously used.

    8. He promised me that for every new agent that I brought on, I would receive a bonus. After I brought on a new agent, he told me that he is going to put it on a paper and allow it to "grow" over time, then he will pay me. It has been weeks and I still haven't received my bonus; a few days ago, before an interview, he reminded me of this "incentive".

    9. Every 10 minutes, he asks me what am I working on. I am not exaggerating, every 10 minutes. Even though he is sitting behind me and watching me.

    10. I do not have my own office, I have to work in his room so that he can see what I am doing. He also has a bunch of cameras around, pointed directly at us and our monitors; if he leaves the office and sees we are not working, he will call directly. I will take a picture today and show you guys.

    11. Finally, a few weeks back I told him that I will be cutting my hours over the next few weeks and will stop working completely, he had a breakdown. He said that I was lying about my reasons and then made a face for the next few minutes.

    12. I do everything, literally everything; I interview agents on my own, I make hiring decisions, I take practically all phone calls. I do everything that he should be doing. And if anything "goes wrong", he says that I am liable. For instance, he didn't like a hiring decision I made, and he is incredibly angry about it. Just have to see what he is going to say about it today.

    I have more and more, but I feel that these cover the gist of it.

    I want to get some advice on how to proceed, I am incredibly stressed at work and dread the drive to work, every single day.

    I am looking into other positions, but I just wanted to get all of this off of my chest. Has anybody ever experienced something like this?

    Additionally, I have my real estate license but I refuse to activate it with his office.

    submitted by /u/xfoaxtomxao1
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    is it worth it to Buying flats Nowadays?

    Posted: 04 Mar 2021 02:06 AM PST

    the most important topic for buyers nowadays that they would have to buy properties or not, because covid situations gets uglier. most of us don't have money and the rest of us who have money don't want to put money in real estate. so what we have to do?

    submitted by /u/honestbroker01
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    Don't Count on Zillow's 'Zestimate' Price

    Posted: 03 Mar 2021 06:54 PM PST

    Tell me about your broker ��

    Posted: 03 Mar 2021 08:59 PM PST

    I'm thinking about switching brokers... again. I've gone through 3 in 6 years, and frankly I'm just not impressed with any of them. Maybe I just need to manage my expectations. I'd love to learn about other firms and what's typical and what's not.

    What attracted you to your broker?

    What benefits do they offer?

    What are the fees/splits (ballpark is fine)?

    What do you wish they did better?

    submitted by /u/APatrice42
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    GA Real estate state exam

    Posted: 03 Mar 2021 06:49 PM PST

    I've been wanting to become a salesperson for quite some time now, and I finally decided to pull the plug, and go for it. I've completed my courses and i take my state exam Friday. I'm extremely nervous and would like to know if it's really hard or what I should focus studying on. I completed my course with realestateu and I've just taken all of their end course test and many practice test online but I'm still nervous for it.

    submitted by /u/Jrkathan
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    Anyone done The CE Shop interactive recorded pre-licensing for Virginia (or any state?)

    Posted: 03 Mar 2021 06:21 PM PST

    I'm planning to get licensed in Virginia and saw that The CE Shop is offering a go-at-your-own-pace interactive pre-licensing course. I'm licensed in NC and have done live classes in person and on Zoom, but never something like this.

    Has anyone done this recorded thing? Would love to hear feedback. I'm not sure I could focus as well as I might with a live instructor, but I like the idea of being able to knock out sections at my own pace.

    Also - if anyone is part of a brokerage they love in the McLean area, please chime in.

    submitted by /u/guacamoni
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    Any success leaving mailers or business card at your subdivision?

    Posted: 03 Mar 2021 02:08 PM PST

    Has any agent tried leaving mailers, etc in your own subdivision? If so, what was the outcome? Was thinking about getting some small cards, mailers printed and placed them at my neighborhoods door and wanted to know if any agent had success from it? Thanks

    submitted by /u/kmv2477
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    Delayed/conditional sale of home

    Posted: 03 Mar 2021 05:08 PM PST

    Hi realtors, I'm studying for my Re license and the Dre finally processed my exam fee check so just waiting to take the exam. But that is secondary to my question, have any of you ever dealt with a situation in which you have found the perfect property but do not have the funds yet? Backstory, we own a vacation rental home on the coast in another state. We were in forbearance with our mortgages up until last month. We want to buy a house in the same coastal city but as I have heard we can't get financing until we have made 3 payments on our homes. Wondering if there is a way we could write something up to close on the house with the sellers in 3 months after the tourist season and our 3 payments? Have any of you ever done/heard of something similar or can point me in the correct direction? Thank you!

    submitted by /u/layer8certified
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    I'm 23, and want to target my Facebook friends with First Time Homebuyer ads, but trying to think of ideas.

    Posted: 03 Mar 2021 03:09 PM PST

    Hey there, so since my friends are all in their early 20s, some of them already purchasing a home, I figured what better way than to target specifically friends of friends who like my Facebook page, and cater those ads specifically to first time home buyers.

    However, I'm having trouble figuring out the best type of ad to show them "Hey it's me" while also getting the point across of home affordability and the next steps to take. And don't comment "Just call them." Any suggestions?

    submitted by /u/DaWhiteDwight
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    BoldLeads - anyone used them before?

    Posted: 03 Mar 2021 02:44 PM PST

    Has anyone here used BoldLeads before? I'm used to Zillow and have had a great experience with Zillow so far. BoldLeads sounds legit but just looking for any insight before I commit to it.

    submitted by /u/pimpfucious
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