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    Wednesday, March 17, 2021

    Realtors: r/Realtors Weekly Common Topics Discussion (New or Part-Time Agent, Lead Generation/Marketing, CRM/Websites)

    Realtors: r/Realtors Weekly Common Topics Discussion (New or Part-Time Agent, Lead Generation/Marketing, CRM/Websites)


    r/Realtors Weekly Common Topics Discussion (New or Part-Time Agent, Lead Generation/Marketing, CRM/Websites)

    Posted: 17 Mar 2021 05:00 AM PDT

    Please use this thread to discuss the three most common topics in r/realtors.

    1. Becoming a new or part-time agent, taking the exams, or requesting general business growth advice.
    2. Lead generation and internet/offline marketing.
    3. Agent or office websites and CRM Software (Customer Relationship Management).

    Remember it is not permitted to promote your own brand, service, or company by any means, but you may comment on other services you've used; good or bad.

    Join our community discord for live chat and more: https://discord.gg/bsmc2UD

    Since this thread is likely to fill up quickly, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.

    submitted by /u/joeyda3rd
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    Do you put your family/friends in your CRM or just actual leads?

    Posted: 17 Mar 2021 08:25 AM PDT

    New agent here, wondering who you include in your crm? Everyone you know or specific people?

    Do you market your family/friends or no? I thought "sphere of influence" meant everyone you know who knows you're in real estate but my broker said that your sphere only refers to people you know with a real estate need.

    Any advice for a new agent welcome 😀

    submitted by /u/allthatshines_1
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    Is the iPad Air vs iPad Pro better for realty/school?

    Posted: 17 Mar 2021 08:44 AM PDT

    Hello! I am looking into getting an iPad for the online real estate course as well as when I start working. Does anyone know which is better for this line of work? The price difference is pretty big. I have a laptop as well as a two desktop set-up for computer work. I just want something that's easier for note-taking and something I can carry around easier. My laptop is somewhat heavy. Any advice is appreciated!

    submitted by /u/jcait72
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    Minor pet peeve about other agents

    Posted: 16 Mar 2021 12:57 PM PDT

    If you're an agent, or an inspector, lender, attorney, really any working professional in the industry, why would you answer the phone with anything other than "Hello, this is (name)"? Almost every call to another agent I make lately starts with them answering:

    "Hello?"

    "Hi, may I speak with so-and-so?"

    "Speaking. Who is this?" often aggressively

    "Hi, this is KillYourUsernames, I'm a Realtor with blah blah blah, I'm calling about blah blah blah..."

    And then the other agent is cagey, hostile, dismissive the entire call. Hostile before I've even made it clear that I'm not a lead. Giving me minimal or unhelpful answers. And I'm not asking for much, I'm literally asking questions that would have been answered if they just input the listing correctly. I get that we're in an era of robocalls and spammers, but come on. Being expected to speak on the phone is 101 shit. If there's even a tiny chance that the person calling you wants to use your services, why would you alienate them from the get-go?

    </rant>

    submitted by /u/KillYourUsernames
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    Listing for landlord no more

    Posted: 17 Mar 2021 09:41 AM PDT

    My client saw house that she wants to rent and she sent in her application to the listing agent. The agent called her back and told her that she was one of the top people and that we'd hear back soon. I text listing agent today what the status was and he said he's currently no longer working with the landlord. I asked who's working with the landlord now and he said he doesn't know. Is there anything I can do? Should I reach out directly to the landlord?

    submitted by /u/jawnstein82
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    Favorite Lead Gen?

    Posted: 17 Mar 2021 08:58 AM PDT

    What's your favorite Lead Gen service?

    In the process of assessing lead sources and ROI, efficiency and what not.

    What lead gen service do you use, and any details you would like to share? Cost, type of leads, system, etc. Anything would be helpful!

    And please, stay on topic and don't start bashing paid lead gen.

    submitted by /u/wesconson1
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    In the middle of a tough, and stupid, deal right now, need advice.

    Posted: 16 Mar 2021 08:00 PM PDT

    So this deal has been under contract since JANUARY, but the inspection contingency has been a huge problem. We have had a heck of a time getting inspectors to come check the property out, because of lack of availability in our area. We just got water samples back on the groundwater well, like a few hours before the notice was due. It showed over 4x the EPA limit of arsenic in the water, so naturally, the buyer wants a water filtration system put on the sinks in the house. The seller's mom has gotten cancer, and their kids have problems... I have met them, and they have grey skin. I know a bit about arsenic poisoning from continuing education, and having a water treatment license in my state, and this person's whole family "screams" arsenic poisoning.

    So essentially the cost of this system is less than 1% of the total sell price. The seller is pretty belligerent, and doesn't "believe" in arsenic poisoning. My buyer is ready to walk away, mostly because of the water, but also because of some DIY issues on the home, and inspection issues. The seller is of course denying everything, even the most obvious things. This is out in the County. Not much in the way of codes and regulations...

    This seller's previous deals have fallen through 3x already, and to me it is plainly obvious why... They are just very unreasonable people. They will not come down a penny to cover anything in the inspection report, and water (it was 85 pages long). Now the seller's agent is ready to give up $6k in commission, if I am willing to give up $6k, to cover the system and some other issues. The seller's agent is just fed up with the seller at this point, but I'm fine with my buyer, and I'm not sure how they will take this news (since they are reasonable people, they aren't used to dealing with people like this). Like I said, they may just walk away after all this time and hard work.

    WWYD? Would you give up this commission to make a sale? It is about 20% of my total commission. There aren't many comps in the area, but I could potentially make more in commission if something else pops up. Buyers have also spent about $1,500 in inspections so far and are pretty emotionally invested in this property, so who knows if they'd be up for another property... Tough situation, and it's really stupid on the seller's part to not have a filtration system on their well, as this area is well known to have extremely high arsenic.

    submitted by /u/humaniteer
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    Advice Needed! Transition from Realtor to New Home Sales

    Posted: 16 Mar 2021 10:46 PM PDT

    Hello hello! I've been a Realtor in the Midwest for about 5 years now. I have been wanting to get into new construction build sales and am ready to make the move, but have a few questions and wanted to invite conversation or advice about this.

    I've done a lot of research online, on Reddit , etc trying to find out more information about this. It's just very hard to find real information so wanted to post to see what info I can get. I am very interested in making the transition into becoming a sales person at a new construction company. I understand the basics of my schedule not being as flexible, having to work on weekends, sacrificing the freedom that I have now which I am ok with and understand. I just am looking for more of a consistent lifestyle so I am ok with this.

    I would just love any advice on how to get plugged into/introduced into a company? Do I just apply for any sort of positions in the Industry? Is it easy to transition into sales or do people recommend immediately applying for a sales or junior sales position? How can I make my resume or myself more attractive to get hired? I know it's competitive so want to make sure I do all I can. Also, as for pay- do most national builders pay a small salary + commission on each home you sell and do you have a cap on how much you can get a year/month?

    I would like to specifically apply for the bigger national companies (ex: dr Horton, lennar, kb homes) just not sure how hard it is to be accepted since the companies probably don't care much for Realtors (I've read).

    What will help make me competitive to these builders? Do you recommend being picky with the job I initially apply for? Should it specifically be a sales job? How's the interview process and what types of things do these builders want in a sales person? I'm very driven, know I can do well and just am ready for this change. Any advice would be helpful, thank you in advance!

    submitted by /u/espeestyle
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    Why would someone list a property at potential value rather than land value?

    Posted: 16 Mar 2021 09:06 PM PDT

    I've seen many listings throughout the years show casing a beautiful building as a render, but nothing has been developed...The listing price reflects what the property would be worth post-construction and I don't understand why you would even list it in that fashion.. Pls explain

    submitted by /u/ipH1
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    Ideas to generate real estate listings & referrals by being yourself?

    Posted: 16 Mar 2021 03:25 PM PDT

    I'm not comfortable with tactics like door knocking and cold calling so how can I still be proactive and stay top of mind while not being a nuisance to my sphere?

    submitted by /u/AllThatSaaS
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    Realtor gift ideas? ... We were The Pickiest Clients Ever, and our realtor was amazing. We're finally under contract and want to thank her. Other than referrals (ofc), what are good gifts?

    Posted: 16 Mar 2021 04:52 PM PDT

    Just sent in my very first offer!

    Posted: 16 Mar 2021 01:00 PM PDT

    Hello! I just sent in my very first offer and I'm starting to feel better about my job! I had my mentor go over the offer with me before I sent it in for a few hours, so it looks super clean.

    However I still feel super nervous even after I sent it in. Does anyone else feel that? Or is this just how you feel for your first few offers?

    submitted by /u/bhinx17
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    Test in 15hrs....any inspiration or tips?

    Posted: 16 Mar 2021 07:50 PM PDT

    I'm taking my Alabama Real Estate State Licensing exam for the first time. I'm super nervous. Finished my class back in October but life hit me with some curve balls and here we are now. Doing another cram right now before I get some good rest. Any tips or inspiration? I've seen the question breakdown so I'm trying to study the portions with the most questions.

    submitted by /u/DoodleBizayFoShizay
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    Should I become a residential or commercial agent?

    Posted: 16 Mar 2021 09:41 PM PDT

    Should I become a commercial or residential realtor?

    Hi guys. I was recently offered a job at a brokerage as either a commercial or residential realtor. I have a degree in economics and have taken an 8-week course in property development and investment, but don't have any experience in the real estate industry.

    I've read a lot about the differences and what I can expect in each sector, but still can't make up my mind. I am also in the beginning stages of building a business and plan to start businesses throughout my career, and would eventually like to get into real estate development and investment.

    I am 25 and live in Cape Town, South Africa.

    So given all that information, as well as the fact that the commercial industry is rapidly changing, which would you recommend and why? Can you give me any pointers that will help me make the right decision?

    TLDR: I'm 25 with no experience in the real estate industry and have the choice of becoming a residential or commercial realtor. Which would you recommend and why?

    submitted by /u/Emirhan1003
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    Apps for client interaction tracking

    Posted: 16 Mar 2021 02:24 PM PDT

    I'm very new, I've been doing a ton of rentals lately and working with a couple of buyers. Everyone is active though, they need a place in the next 30-60 days. I'm losing of track of who I talked to and what about and spending to much time going thru my text logs and sent emails to find our last conversations.

    How do you guys track your interactions?

    I really want something that can organize or categorize my emails and texts by client in one place if that exists.

    I don't want to have to logon to my computer and onto my Brokerage provided CRM to log these conversations and texts, especially when I'm driving a lot during the day I don't have the time for that.

    Let me know whatever works for you guys and gals: apps, organization styles or techniques, anything that can help me spend less time tracking down past conversations and interests.

    Thank you in advance

    submitted by /u/Darthfetzen
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    Changing brokerages

    Posted: 16 Mar 2021 05:55 PM PDT

    I'm looking for advice from those of you who have changed brokerages. I am currently with my starter broker and the intention was never to stay very long. I've ended up on board longer than expected because of the pandemic. I did not want to interview with other brokers and tour other offices during the pandemic. I also wanted to continue building my business and making the sales requirement to move to a higher productivity brokerage.

    I am now vaccinated and ready to pick this back up. It's something I would ideally like to do soon but it is more complicated this spring than it was a year ago. I have a few homes in escrow, several signed clients, and more in the pipeline.

    How do I transfer brokerages in regards to continuing representation of my clients and collecting commissions? I'd hate to forgo my commissions but I also don't think it's a realistic to wait until there is a lull and I don't have any clients or homes under contract. I'd love some logistical advice as to how to make a move happen. Please share your stories, Reddit fam!

    submitted by /u/Sabine_D
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    Prolicense Florida Online Course

    Posted: 16 Mar 2021 04:49 PM PDT

    Hello! I'm wanting to get my real estate license and I want to do it online since I'm working two jobs right now. I worry though about paying for a course and it not being legit. Does anyone know if Prolicense Florida is a legitamate site to complete this course? It does mention the 63 needed hours and it's not the cheapest one but it is cheaper than others so I worry. Thank you so much for your help!

    submitted by /u/dillygodspeed
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    Soon to be Realtor, What should I look for in brokerages?

    Posted: 16 Mar 2021 03:01 PM PDT

    In the process of getting my license and have a couple of interviews this week. What should I look for in a brokerage and what questions should I ask them?

    submitted by /u/MuchQuackGrass
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    Trying to sell my house. Not sure if my realtor is pricing it correctly. What method do you personally use to price a house?

    Posted: 16 Mar 2021 01:44 PM PDT

    First time seller here.

    I understand there is no single formula for pricing a house. All I'm asking is how you, as a professional realtor, price your own listings for your clients.

    Please be specific and detailed. I don't think "I run comps" is going to help me here. If you do run comps, exactly how do you do it?

    Are there any other methods you've heard of?

    How do you do your best to predict the appraisal value?

    All I want to do is take a few of your methods, crunch some numbers myself, and see if I get near the price point that my realtor landed on.

    Thank you for your help

    submitted by /u/ConfusedHome0wner
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    How long did appraisals take when things were normal?

    Posted: 16 Mar 2021 01:05 PM PDT

    I basically got started in my real estate career right when Covid began last year. How long did appraisals normally take like before we entered this insane market? I've got one under contract right now and it's been almost two weeks since the appraiser went to the house and still no report back. This just seems ridiculous to me and it seems to be a common theme right now. It makes it really difficult for the seller to make arrangement to be out of the house at closing when we're not getting the appraisal back until right before it is supposed to close.

    submitted by /u/blakeshockley
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