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    Monday, April 12, 2021

    Realtors: Cheesy Voice-mail recordings

    Realtors: Cheesy Voice-mail recordings


    Cheesy Voice-mail recordings

    Posted: 12 Apr 2021 09:40 AM PDT

    "Hello!!!!! You have reached _____ with ______ the best real estate company ever! I can't answer because I'm out with other amazing clients JUST LIKE YOU giving them my FULL ATTENTION, leave a message and I'll call back"

    I cant help but laugh when I come across a realtor's voicemail box and this is the type of recording they have. I guess because I just can't picture a client going "wow this sounds like the realtor for me!" But hey I could be wrong, if it works for you then do it up.

    Does anyone that has a recording like this find that people actually like it or respond to it at all?

    submitted by /u/thebig05
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    Owner of a FSBO sent violent racist email to me today.

    Posted: 11 Apr 2021 07:40 PM PDT

    (Holy cow this turned out long. If you make it to the end, I appreciate you lol)

    Yesterday, my clients wanted to see a home about 10 minutes from where I live. These are close friends of mine and I care greatly for them. This home has been on the market for 154 days, and the pictures look like it needs some updating. My clients are from another state, relocating for work. One works in prosthetics and one is US Military trainer who has been in the service for 13 years. One is American and one is Egyptian. They flew in Friday morning and spent the day with me scheduling our Saturday. We decided Friday afternoon to add this home to our list of showings.

    This is a flat fee MLS listing and is FSBO. I should have known something was off by the way the owner was communicating: we only show between 12 and 4 on Sat and Sun, we are booked every minute with showings, they will have to come Sunday. When I mentioned them flying out Sunday morning, he rudely insisted that they should have planned it better.

    Saturday morning I get an email saying that he had gone through the trouble of moving "many" showings around to accommodate us if we can come at 2pm. Honestly, I thought about declining, since it was during our scheduled lunch hour, but my clients said they would still like to see it. We ate fast, and eta was 2:03. At 2:02 I received a call from a private number. "Are you still coming!?" "Yes, we will be there in a few minutes." "Well I moved everything around for you to be here at 2pm and it takes at least 25 minutes to show my home!(quite rudely)" "Yes, thank you, we will be right there."

    My friends and I had been discussing everything on the way, and I honestly said, "Guys, I don't know what to expect here. We will be polite and view the home and be on our way." We laughed and steadied ourselves, ready for anything. We pulled in the driveway and the owner shouted at us to move the car, as if we had intruded on holy ground. We came inside and he made us remove our shoes and had us stack them on top of each other on a TINY rug.

    The man. If I was an Artist, I would recreate it and post, but alas I am not. Stained white shirt under a black and red patterned wool vest, topped with a dark black extra large blazer that hasn't seen the sun since the nineties. He had a very square, almost spongebobian appearance. His pants were either jogging pants or the oldest and most faded slacks I've ever seen. A dirty yellow mask that kept falling down. To top it all off, a gaudy black and gold fedora.

    The house. The floors were dirty, with debris, spills, stickiness, etc. My socks and feet were very unhappy. Fridge in the living room. Horder level garbage and dirt. Kitchen was an absolute disaster. Green marble floor to ceiling in bathrooms and foyer. Priced 50k above comparable homes. Dark. Smells. Unpleasant. Unhappy.

    The showing. He immediately begins by asking about my clients ethnic background. Multiple questions like, "what is Egyptian?" "you are British?" "Egypt is middle eastern?" Obviously profiling my client on the color of her skin. He probed both of them on their work and lifestyles. We went downstairs first. Small landing, two closed doors. He throws open the first door, clapping. "This is what I call... um... the 4th? 5th? bedroom! haha!" Then starts more probing questions. I think, "ok, I'm the agent here. I am in control, how did I let this happen? we should get out of here. Am I scared?" I reach for the other door handle and open it to move things along more quickly. "LET ME SHOW. ONE DOOR AT A TIME" He slams door shut. Then throws that door open, clapping. "EXCERCISE ROOM!" Laughing, he points at a 100 year old treadmill, covered in spiders and an inch of dust. There was really no place to stand with the garbage and boxes. He made us guess what was behind the next door. Turns out, it's a Sauna. "COME IN. SMELL THE WOOD. NEVER USED. COME IN AND SIT WITH ME (to my female client)" It's dark and smells.

    I won't keep going, but as you can imagine, the next twenty minutes just got worse. I'm thinking, "let's get out of here. will he stab us or yell if we want to leave?, I am not doing my job here we should have already left, omfg" When we finally made it out alive, we laughed and talked about it for the rest of the day. We all love a good story, and this is one I will tell my grandkids. Ha ha ha. He called me nine times (private number) while we were looking at other properties. We placed an offer on another home, and while working on the offer, I decided to answer and let him know we aren't interested so he can stop spamming my phone.

    "WHY WASTE MY TIME! I MOVED EVERYTHING FOR YOU! I CAN'T BELIEVE THIS" (I didn't say that his house was nasty, I just said they chose a different location closer to work) "WHERE DO THEY WORK DO THEY KNOW THAT TOWN IS ONLY 5 MINUTES AWAY" "Yes they know, thank you for your time and letting us in" "YOU HAVE NO IDEA YOU AREN'T AN AGENT YOUR CLIENTS ARE IDIOTS WASTING MY TIME WHEN THEY DONT EVEN WANT TO LIVE IN THIS TOWN DO THEY KNOW ITS-" "Yes, again, thank you for your time goodbye" -click

    Phew, finally done with this wackjob. What a psycho. Hahaha, great story.

    Until this morning I get an email.

    The email. Entitled, YOU ARE PROHIBITED. I have gone back and forth twice on making this NSFW and posting the email, but really, you don't need to read all of the derogatory language. There were racial slurs against my Egyptian client. There were mixed in CAPS of THE BAD WORDS against both of them, especially revolved around her being muslim and him being military. A LARGE amount of SWEARS and INSULTS. There were multiple GAY SLURS towards me (assuming he saw my public profile marketing on gay real estate websites). It was the most horrible thing anyone has ever sent me.

    Well, my adrenaline was up and I paced for an hour just saying "Wow" I literally have no words. None. I cannot even. I just. wtf.

    I chatted with my mentor and managing broker about it and they are both recommending making official statements, coupled with the email and taking it to fair housing. There are plenty of obvious violations here and the fines start at 10k. What if this happens to someone else, they say? What if someone goes there alone? What if he hurts someone? This SHOULD be reported. This absolute psychopath misogynist, racist pos should be taken to task.

    On the other hand, I live 10 minutes away. It isn't hard to find an address for 20 bucks online. I'm not even a stalker and I know how easy it is. I am thinking I may be completely done hearing from this psycho now, but if I make a official claim against him, will that endanger me? My family? Do I need to look over my shoulder every time I come home now? Is potentially hurting myself and my family worth trying to keep others safe from this or worse?

    What would you do?

    (again, if you made it this far, thanks! Also, my clients are under contract on a incredibly beautiful home and I haven't told them about the email. They are so freaking excited and I am more excited to have them back in the area)

    submitted by /u/gaymerdadparty
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    Unpaid commission: any experience using an attorney to recover them?

    Posted: 12 Apr 2021 10:45 AM PDT

    I am preparing for the worst case scenario: my broker is probably facing financial struggles and is late paying my commissions.

    Anyone with such experience? Should I start researching for an attorney or just contact my Realtor Association?

    Thanks

    submitted by /u/lucagiani
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    Is it acceptable to try to network with other realtors by going to their open houses?

    Posted: 12 Apr 2021 10:14 AM PDT

    New realtor here. I've had some free time and kind of want to spend it just going to open houses for a variety of reasons:

    -Become familiar with homes in the area

    -See how other agents, successful or otherwise, conduct their open houses

    -Network/meet other agents

    -Spend more time driving around the area (with an actual purpose)

    I would assume overstaying your welcome or trying to network with their open house guests is probably off-limits, as that is basically poaching.

    Would it be considered poaching/rude/bad business just to go and visit and say hi if they aren't occupied with guests, though? Would love to see how other's conduct their open houses, but I don't want to be known as "that agent" that everybody hates because he intrudes on their business.

    Anyone have any experience or insight regarding this?

    Edit - and it is cool to just introduce myself to them as a new agent and tell them I just wanted to check out what they've got going on? Will they be interested in talking to me, or just kind of shrug me off and tell me, politely, to get lost? What's you're opinion on proper etiquette?

    submitted by /u/Pralayisol
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    How to convince top agents to let you sit open houses?

    Posted: 12 Apr 2021 10:05 AM PDT

    I'm a new agent, 19 years old, and I work for a top brokerage in my area. It's an exclusive brokerage where they don't just let anybody in and I want to sit open houses but everyone I've emailed has either not responded or has told me they'd keep me in mind. It's definitely a sellers market with little inventory but I was wondering what you guys suggest I do or if you haver a script to convince these agents to let me sit there 2-5 million dollar listings. I have already shadowed multiple agents at open houses so I definitely feel comfortable with it.

    submitted by /u/ProudPiglet1285
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    Same closing agency vs. different closing agencies

    Posted: 12 Apr 2021 09:32 AM PDT

    I've always thought both seller & buyer using the same closing agency/title company is more efficient and results in less running back and forth, hence less chance of something being missed. I'm hearing in Tennessee it's more common for buyer and seller to use their own companies that they trust. Are title companies truly unbiased middlemen, or could there be situations where you want a title company on your side looking out for your party's best interest?

    submitted by /u/Gortz1
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    Big Weekly Prospecting Ideas?

    Posted: 12 Apr 2021 09:26 AM PDT

    I do a lot of prospecting, and am looking for ideas for more "project" type prospecting. For example, I have two I do weekly right now - 1) pull expireds from 18-24 months ago and send mailers, and 2) prep and send farm mailers to neighborhoods.

    I am hoping to find two other mass prospecting ideas like these, that will take about an hour or two a week, not super high cost, and will give me 4 mass prospecting projects, one for each week in a month. I can't find any good FSBO ideas, because the research on a monthly basis is a time killer.

    On a daily basis, I do CP calls and mailers, so I'm knocking those out already. Any thoughts?

    submitted by /u/ricowoldt
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    Agent not disclosing known material facts.

    Posted: 11 Apr 2021 11:05 AM PDT

    FL here.

    I'm a buyer agent (newly licensed last year). I had a buyer walk on a property after the inspection revealed the roof is at the end of its life and the home has polybutylene pipes. Total repair costs estimated at around $40K. Sellers wouldn't play.

    The home went back up as active and the disclosure sheets were not updated. The home went pending shortly after with a new buyer. It's been about 5 days and guess what home is back up for sale! Disclosures are still not updated. Guess the new buyers found out.

    I know I probably shouldn't be "wasting my time" but shouldn't we hold each other accountable if we're not following the rules? This is why people have a bad opinion of Realtors. I asked my broker what recourse I can take and they said to just focus on my buyer. I get that but I don't like people getting taken advantage of and if I see something, shouldn't I say something?

    I guess I'm just seeking advice on what you all would do. Do you take the time to report things like this? I assume I'd report it to the state commission (FREC)?

    Edit for clarity: We told them specifically what was wrong. Because of this, they are now aware of the condition of the roof and that there are poly pipes in the home. The disclosures still claim "I don't know" on these items. Since they do know about them now, that is a lie.

    submitted by /u/floridageek
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    Question from a lender- sticky situation

    Posted: 12 Apr 2021 07:43 AM PDT

    Good Morning!

    I have a question that I would love to poll a few agents about, since I am in the middle of this scenario again. Realtor #1 sends me a buyer, who I pre-qualify and send a letter to. Buyer puts in a couple of offers, then goes dark for a little bit, then emails me a contract for a home they wrote with Realtor #2.

    At no point in time has Realtor #2 called me, said hello, nada. Not that I need any chit chat to do my job, but it seems that if they knew buyer had previously worked with another agent and had handled everything, they'd give me the heads up, right?

    Is there some etiquette I need to follow here? I don't know if borrower signed a buyer's rep agreement with Realtor #1. This happens often enough that I would love to hear how the agents would prefer that a lender handle it. Currently, my policy is to keep my mouth shut to the agents and encourage the buyer to inform the first agent.

    submitted by /u/gracetw22
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    Do realtors want preapproval before working with a buyer?

    Posted: 11 Apr 2021 11:15 AM PDT

    Edit: Thank you all so much for the answers! I'll wait until I get my preapproval to reach out to any more realtors :) Your experiences and advice are very appreciated!

    Hey all!

    I'm looking to buy in the next couple months. I've been working with a broker and he went over lending options with me, I have a plan picked out but don't have preapproval yet. I paid down some debts at the beginning of this month and I'm waiting for my credit score to reflect that before going through with the preapproval.

    I've reached out to 4 realtors and heard back from 2; one wouldn't meet with me before having preapproval, and the other wouldn't meet before meeting with my broker.

    Is this common? I totally understand not wanting to work with someone who'll waste their time without a preapproval, but I also want to have a realtor picked and ready to start showing houses right when the preapproval goes through.

    Thanks for any advice!

    submitted by /u/questionsabout1
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    Buyer agent here interacting with a FSBO transaction..

    Posted: 11 Apr 2021 08:50 AM PDT

    Hi there. My buyers decided to put an offer this morning on a FSBO. It is an "entry only" MLS listing and the owner of record will be facilitating the sale. I am accustomed to transacting with Realtors. Who holds escrow for the EMD the owner? I sense that the sellers are not overly experienced in the real estate sales process. What can I expect? Thank you very much for sharing your past experiences.

    submitted by /u/realtorKen
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    Waived appraisal

    Posted: 11 Apr 2021 05:31 PM PDT

    Lender informs me appraisal has been waived. Is this a good thing or bad thing? Pros and cons? Would you or would you not get an appraisal? Offer was right in line with several websites estimated value. Thanks.

    submitted by /u/bsmith696969
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    Seller wants to sell at X price and offers me whatever I can sell above it.

    Posted: 11 Apr 2021 04:40 PM PDT

    Is this legal? I could of sworn I've seen this in the realtor textbook one time saying it wasn't. I tried googling but I could not find anything.

    submitted by /u/rdklz
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    Is there anything stopping a Realtor from Wholesaleing properties? Ty.

    Posted: 11 Apr 2021 07:06 PM PDT

    Closing Gifts for clients

    Posted: 11 Apr 2021 06:45 PM PDT

    I'm fairly new to real estate and I am helping a good friend of mine close on a house. Given the size of the purchase price ($800k), I am struggling to come up with a good closing gift idea. It's a condo so a painting or anything related to a picture of the house isn't really relevant here.

    I am curious what everyone else has done in terms of closing gift ideas for a sale this size? Or any ideas to share you have done for friends that were clients?

    Thanks in advance.

    submitted by /u/optimalpooper
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    How do you closed out a permit that is no longer open because it expired?

    Posted: 11 Apr 2021 03:59 PM PDT

    The house I will be listing has a living room addition that got permits on the plans, which created an open permit, but they never got it inspected to get it closed out. The town technically doesn't know they have a permit since it was never closed so the owners dont pay taxes on it, which is why they never wanted to get it closed out. The problem is now they want to sell I know this is going to cause a problem which will either be noted by the appraiser or on the title report. It would be best if they close out the permit but they never renewed the open permit and it got so old that it expired. How do close out a permit that is no longer open? Do we hire an expeditor?

    submitted by /u/RealEstateSalary
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    How to pick a realtor?

    Posted: 11 Apr 2021 07:35 AM PDT

    We interviewed 4 realtors. Let me state they wanted to see our house and we repeated a broken record we are working on decluttering. We also said our terms.

    First one was a jerk. (To put nicely and I'll leave it at that.) not using him.

    Second one was really nice. Said the price point would be lower than expected but with the market is, doesn't see why we couldn't get what we want. But it all depends on the buyer.

    Third one was nice but kept telling us to declutter. Did say nice things about the house overall. Not using her.

    Fourth one. (Referral from a friend.) She was blown away by how we setup the house. She told us about her sales and how her sales did compared to the comps. She seemed to know the market a little better than realtor 2.

    How do we pick the best realtor, for us, out of the two?

    submitted by /u/ahotmess99
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    Group of 4 Working with a realtor to find a 4br, 2 of us are collecting Unemployment

    Posted: 11 Apr 2021 11:17 AM PDT

    Hi all,

    Me and 3 others in our 20s are looking to sign for a new place ideally in May. One of the housemates has a buddy who is a realtor. He sent over some great listings through Paragon and we told him which we want to see. He began making appts for our available day. I just spoke to him on the phone and told him two of us are collecting, I am one of the two and I've been collecting pretty much for the entirety of the pandemic. The other person collecting was recently laid off.

    He said it might be an issue because he doesn't know how their income check system handles unemployment. He's currently checking w his mentor to see what the status quo is here.

    I have savings about 10x our full target rent and 35x my own portion. I have been gainfully employed in the past steadily since 2015 in the field of apparel design. In the second half of 2019 far before the pandemic I went freelance in this field. Once the pandemic hit, I couldn't find clients anywhere. The other person worked for a mortgage company for a long time.

    Anyone have any advice or experience in this area? Thanks

    submitted by /u/gggrumpnbind
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    Question re: agent (MIL) foregoing commission

    Posted: 11 Apr 2021 07:06 AM PDT

    Hopefully this is a good place for this question: my mother in-law is acting as our agent; she's a licensed broker but she is not affiliated with a brokerage (she did commercial real estate during her career but is now retired). Our plan is for her to forego her commission on the purchase of our new house so that we can use it toward the down payment. My thought is that we can simply write this into the contract and that instead of the sellers paying her the commission we will receive it as a credit at closing and simply put it back into the deal.

    The main reason for this is to A) hit a 20% down payment and B) my MIL wants to avoid a taxable event by not taking the commission in as income

    Is this something that can be done? I wouldn't think it would be an issue as the deal remains the same, the funds are just flowing slightly differently. Has anyone in this sub had experience with a similar scenario?

    Thanks in advance!

    submitted by /u/throw_away_all-day
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    Realtors: How can I thank a real estate agent, who tried but couldn't find us a house rental?

    Posted: 10 Apr 2021 02:51 PM PDT

    Hi everyone,

    We've been urgently searching for a house rental since our landlord said he is selling due to this crazy market, and it's been very difficult to find a place. Our realtor is really kind and is helping us see places within 24 hours. He's also offered invaluable tips. We've even tried applying before seeing places, but it's just not working out.

    One landlord told him straight up that he wouldn't work with a realtor to save on the finder's fee, which he kindly shared with us and said he might be the reason we're not getting accepted. He also knows our time crunch and explained this is not normal.

    If we were to find a place alone, considering he worked with us for a little over two weeks and also showed us 1-2 houses a day for about 3-4 days, what's a reasonable way to say thank you? A gift? If you suggest cash, how much?

    For context, we live in North Texas, by the way, and rent is around $2K for what we're looking for, maybe a little under or over.

    submitted by /u/83713V3R
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    how do i sell my house in texas to buyers from California?

    Posted: 11 Apr 2021 08:50 PM PDT

    Hello i was looking for buyers moving to the Austin Texas area from California who want to purchase my home i built in 2002 .

    [ee512gamble@gmail.com](mailto:ee512gamble@gmail.com)

    Ed~

    https://preview.redd.it/6xvppmyg0os61.png?width=1472&format=png&auto=webp&s=795eeb936575021eed72ed6289bfc5978995302f

    submitted by /u/Bornofneed
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    Offers on Flat Fee Listings

    Posted: 10 Apr 2021 08:46 PM PDT

    Buyer broker (me) looking to make an offer directly with an owner on a flat fee listing. It's my understanding that these are practically FSBOs so is there anything I should keep in mind when making an offer that's different? Also, they're offering a 2% commission instead of 3%. My plan is to an addendum increasing it to 3%. Anybody have any experience with this?

    Not super excited about this as I'd imagine there will be a lot of hand holding on my part.

    submitted by /u/stereotypedvictory
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    Staying connected with seller's agent

    Posted: 10 Apr 2021 11:02 PM PDT

    As a first time home buyer, we've put in an offer on a house but came in second place. The seller's agent also lives in the same neighborhood we lost the house and seems well-connected within the community.

    Would it be inappropriate to ask our realtor to stay connected with the seller's agent? We have no plans on switching agents but it seems like having that "insider" connection could increase our chances of finding a house within that specific neighborhood.

    submitted by /u/monjyamonjya
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    Looking for First Home - Procedural Questions for Hiring a Realtor

    Posted: 10 Apr 2021 03:34 PM PDT

    My wife and I have lived far away from "home" for the last decade, but are looking to move "back" in the next 6months. An old colleague/friend of mine became a realtor in our desired area since we left (it's not a very big market). I am looking for some advice on how to navigate our first home purchase with this in mind.

    Is it ill advised to contact him simply because he checks the boxes of (1) being a realtor in the area and (2) is trustworthy? Or is that what a realtor would prefer? I don't know why someone would choose one realtor vs another. Or are you supposed to contact multiple?

    Do realtors expect you to have your prequalification/preapproval in hand before they can start to give advice?

    At what point is a realtor "hired" vs giving advice?

    Basically I'm looking to email him to say hi, to tell him about our wishes, etc., and to say something like "I hope to be in touch in the coming months as we enter the market!" But I don't know if that is worthless, helpful, or if I should just wait till we have committed more.

    Any advice is much appreciated. Thank you for reading!

    submitted by /u/beardmin
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    Question about buying a home in this market

    Posted: 10 Apr 2021 06:17 PM PDT

    We are first time home buyers, looking for about 4 months and placed couple of competitive offers. All of them above listed price but no any luck yet. We are conventional buyers with 20% down. It seems like most of the houses are listed anywhere from 60-120k above appraisal listed on Redfin, Zillow or HAR.

    To my understanding - most of the buyers are waiving their appraisal clause so that means they put down 20% plus whatever the difference that the lender doesn't cover. Ours usually comes out to be about 120k ( not including all the other closing fees)

    Do people have this much cash or how are they making their bid competitive enough to get it accepted?

    Looking for a friend... nothing is making sense... send help!! :(

    submitted by /u/fattymcfatty1
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