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    Realtors: 1st Year Agent - Luxury Listings Advice & Progression

    Realtors: 1st Year Agent - Luxury Listings Advice & Progression


    1st Year Agent - Luxury Listings Advice & Progression

    Posted: 18 Apr 2021 08:49 AM PDT

    Hello gals and guys, I am a 22 year old RE consultant who started working in December under a brokerage. First months were extraordinarily tough, but I enjoyed every minute of my 24/7 workaholic schedule, making 0$ per hour.

    My work ethic, among with such a low bar for realting in my country of Romania, put me in a position to acquire great listings and also close them all at good prices!

    Closing everything the broker sent my way, among with some leads I acquired myself, made me the agency's top earner for the first quarter (start-up agency).

    This made my listing leads explode. I am now seen as a close-everything type of guy, who takes your home does some mumbo-jumbo and sells it pristinely. I am indeed on a 24/7 schedule, know my way around a market and have the stomach to learn everything, twice.

    I have sold small apartments up until now. My new listings are: 3 villas in the 400-500k range (this is premium real estate in Romania), a luxury apartment for 300k and a prime-developing downtown land for 400k, as well as 4 floor level apartments in a new development downtown, about 100k each.

    This is a new market for me. 500k may be pennies in California, but these are luxury listings in Romania, the phone doesn't ring that often. How do I sway the markets?

    I want to invest some of the money I already made into concrete marketing strategies, for both awareness and conversion. I don't want to invest in new leads marketing, I want to focus on selling what I have for the best price possible. I want to establish myself as the best and most hard-working agent in Bucharest, Romania. I already make more than 99% of agents here but there's no stopping and no ceiling in my book.

    I am looking at you to provide me with any piece of advice you'd think would make a 22 year old workaholic do better. I sold my listings by always picking up the phone and following up, doing my due diligence both online and offline, and of course, being in a very hot market.

    I want to know how I can offer 200% of my skills and aptitudes and sell in the best conditions. I am immensely interested in what do more seasoned realtors have to offer as advice, strategy, and where to put your money when investing in realtor listing marketing.

    Thank you for reading my word sausage!

    submitted by /u/8leggedGryphon
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    Unpermitted Half-Bath situation

    Posted: 18 Apr 2021 11:11 AM PDT

    We are currently in the process of converting a closet space into a half bath and our contractor says we don't need to pull permits because our municipality doesnt really care about "small" projects.

    Lets say 10-20 years down the road I want to sell my house would this become a major issue ? Has any realtors seen this scenario when dealing with listings ? I've read unpermitted work isnt really an uncommon issue especially with older houses that's seen multiple owners.

    I understand I'll have to get this corrected in the future and some towns offer a retroactive permit to get it right but am I opening up a huge can of worms here or is it not that bad as it seems (varies by towns of course) but what do you think?

    submitted by /u/fishycrabster
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    RECR unfinished?

    Posted: 18 Apr 2021 10:45 AM PDT

    Hey everybody, quick question for you.

    I'm looking at a RECR and I noticed there are 2 bubbles unmarked. One is for mold, and the other is for radon/radium/etc. These should be checked off, no? I would call my boss but I know she is unavailable for the next couple hours. I was getting ready to call the Listing agent when I noticed this, thanks!

    submitted by /u/Stankyness
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    Concerned about dual agent? (675k home, Chandler AZ)

    Posted: 17 Apr 2021 07:50 PM PDT

    Hi,

    In Arizona, it's my understanding you can be a dual agent for both the seller and the buyer. Is there anything the sellers can do to ensure that once an offer is on the table where the agent is representing both buyer/seller, that the agent continues to represent the best interests of the seller, rather than cashing out.

    Concerned about my parents not getting the best deal they can for their home. There's been a few issues with the listing, but I'm out of my depth here. Zillow listing

    submitted by /u/bigballin7491
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    Realtor doesn’t want to mass market home

    Posted: 17 Apr 2021 12:56 PM PDT

    So my home is currently in renovations and I want to be listed and closed by the end of May. My realtor and her husband are both realtors and they work for different companies. They both say they already have buyers lined up for me and they are not planning to put my home on mls or other marketing sites. My realtor believes she can get 400k for my home which is what I originally wanted but... we are in a sellers market and homes in my area are low in inventory and high demand. Therefore, most houses on the market are getting multiple offers over asking. I as a seller do want to get as much as I can and I'm not really understanding why we wouldn't market my home to get as much money as we could. I understand they have buyers ready for me but there is definitely a high possibility of getting a better offer if we market my house. Any realtor thoughts on this or advice?

    submitted by /u/Longjumping_Medium26
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    How to start?

    Posted: 17 Apr 2021 11:49 PM PDT

    Hey everyone! I'm about to finish High school and want to know how I should start getting into Real estate in Texas. What I thought about is to go in person to different companies near me asking if they had opportunities for a beginner while taking online courses to get my license. What else should I do or consider for starting out or how do I even start out better than what I have thought about?

    submitted by /u/Exact127
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    How hard should I advertise this listing?

    Posted: 17 Apr 2021 06:46 PM PDT

    I am a newbie real estate agent. I mostly have my license to sell my own properties, as I own a spec building company with my husband. The last house we did was my first time (with all aspects of it). We listed on a Monday, did very little advertising, had an open house on Saturday and already had an offer $10k over asking BEFORE the open house, which we accepted. This was in Nov of 2020. Sadly I think this amazing turn of events set my expectations too high for listings in the future...

    Now, I know the market is INSANE right now, and everything I've heard is that properties ARE selling very quickly! But we just listed a new home on Wednesday, had an open house today, and haven't had any offers yet. I mean it's only been 3 days, am I being crazy?? RedFin has the house listed as a "hot home" and I was kind of expecting some offers by now. Was that stupid of me to think we'd get offers that quickly?

    I'm thinking of sending out a "reverse prospect" email to agents, encouraging them to bring their clients to see the property "before it's too late" but am I being presumptuous or cocky by implying that it will sell quickly since we haven't had any offers yet?? Or is this still a realistic expectation, given that it's a New Construction home in a transitional neighborhood, listed at a reasonable price during a crazy seller's market?

    The last time around I honestly think we jumped the gun on accepting that first offer. We had SO many people who were very disheartened to hear that we already accepted an offer and gave me their info "in case anything changed". So that is partially informing my opinion, because I really want to make sure everybody who's interested has a chance to see it. But overall the reactions to this house seem to be less ... enthusiastic. IDK maybe buyers are just tired lol.

    Thoughts?

    submitted by /u/leidavis
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    Non U.S. citizen buying a home

    Posted: 17 Apr 2021 10:23 PM PDT

    I have a relative that has his own business and would like to buy a home in the U.S as a vacation home. They have a Wells Fargo account with a few hundred thousand, but not enough to entirely pay cash for the home. Will they be able to get a loan to pay for his home? Has any one worked with a Non U.S buyer that needed to get a loan?

    submitted by /u/Sac916agent
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    Contingency for Buyers to Sell Their House

    Posted: 17 Apr 2021 10:16 PM PDT

    We are selling our house and went under contract with the buyers yesterday, but with a contingency that their house must be sold before they will close on ours. My realtor told us that it's common right now for buyers with this market. I'm having second thoughts and am feeling pretty nervous. I'm afraid we're missing out on showings and other potential offers. Is my realtor telling the truth that it's a normal thing for buyers to be doing at this moment?

    submitted by /u/dumbcrankybitch
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    Real Estate Agents of France, How?

    Posted: 17 Apr 2021 09:07 PM PDT

    I am hoping this is the right sub for this question, at least as a starting point. If not, please direct?

    I am looking for resources on becoming a real estate agent in France. Does anyone here have any experience or advice? I have my license (MI, USA) already with an international brokerage and can see an opportunity in the future where I may be able to go assist in opening an office overseas. I am shooting for France (not here to debate this fact) but would like to know what it will take and what I may need to know. Commissions structure, process, expected pay? Does this process even function the same way over there as it does here in the US?

    I take every moment as a learning opportunity so I look forward to what you have to say.

    submitted by /u/Radio910
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    Co listing agent split

    Posted: 17 Apr 2021 08:24 PM PDT

    Hi, if there is two people on the Listing as the sellers agent. How does the payout work? For example, what percentage does the broker get and the two listing agents? Say it's a 50% split with the broker.. and the total Commission is 20,000, how is it divided ? Thanks

    submitted by /u/Blondie12388
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    Facebook Lead Gen Hack

    Posted: 18 Apr 2021 01:48 AM PDT

    Go to Facebook Marketplace and search for wedding dresses. It'll show you recently divorced females in your area. From there you can filter by size

    submitted by /u/realtordoctor
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