Realtors: Daily schedule |
- Daily schedule
- What to wear to a prospective meeting with a broker/team leader?
- Switching brokerages too soon?
- Low appraisal, both sides froze up
- I work 8 - 5 Monday - Friday; am I REALLY just going to fail? (Specifics in text body)
- Quick Question for Null and Void License
- Prelicensing courses
- Thoughts on Homesmart & agent/broker contracts
- Update home, or leave as-it?
- Behold the BULLY offer!!!
- Procuring Cause
- Becoming a realtor
- Mixed feedback from first weekend on market-- what would you do?
- Real Estate Courses
- Starting my first day in the office tomorrow! How did yours go?
- Nothing against Ryan Serhant but
- Choosing company. Solo or group advice?
- Submitted my first back up offer yesterday, is the other agent being shady?
- Buyers delaying closing by 2 weeks, does seller get prorated mortgage at closing?
- How to NOT work on weekends?
- What is the best and easiest database system
| Posted: 13 Apr 2021 09:14 AM PDT Hi all, I'm a fairly new realtor, only licensed about 2 months now. Unfortunately I'm starting part time but I do have a few dedicated days out of the week to focus strictly on real easte. The rest of the time I am mixing it in when I talk to people and in the evenings. What's your daily schedule like in a normal day. I'd love to hear everyone's input and compile ideas to make my dedicated days more effective. Thanks [link] [comments] |
| What to wear to a prospective meeting with a broker/team leader? Posted: 13 Apr 2021 06:34 AM PDT Hi everyone. Aspiring salesperson agent here. I have passed my state exam and am just looking for someone to sign with. What should I wear to my "interview" this afternoon. From my past experiences it seems like most of the interactions I've had with Realtors and brokers have been relatively "informal", but I want to show that I'm serious about the opportunity. I was thinking of wearing a button down with a tie. Would that be too much or just right? [link] [comments] |
| Switching brokerages too soon? Posted: 13 Apr 2021 11:14 AM PDT Hey all! I got licensed last month and was beyond excited to join my brokerage. But.... I'm now thinking this was a mistake. They have had some of the worst communication I've witnessed. I previously worked in HR so I know how important onboarding is and answering questions. I had a friend message me wanting help with a rental property and since I wasn't allowed to do anything without being assigned a mentor I reached out asking for one ASAP because I had someone. They said it would be 5-7 days but they were "already" working on it. Almost 2 weeks later I finally got matched to one and by that point my friend had to move on to get his property rented. I don't blame him. Honestly I'm a little upset because sure the money isn't much with rentals, but I will take anything for the experience. I don't expect anyone to reach out an check in since we work independently, but to not reach back out for over a week when I said I had a potential client. What do you think? Am I over reacting? I just feel like I'm starting out on the wrong foot. [link] [comments] |
| Low appraisal, both sides froze up Posted: 12 Apr 2021 07:27 PM PDT For the first time in my fairly new career, I had a low appraisal representing a buyer. 14k short. Buyer didn't offer to cover the gap in our contract and frankly it was never discussed. They are old skool, refuse to get in bidding wars and were highly difficult to find a suitable home for. Husband and wife couldn't agree, priorities kept changing, on and on. They would have looked at 50 more houses and decided to rent before they paid an appraisal gap. It's just the type of people they are. Family friend referral, from a big connector of mine. The home they found was back on the market and I've had better luck with negotiations on those. Sometimes we can get half closing costs, sometimes a survey, last transaction I got a new roof for my buyer! Anyway. We scooped it up. Full asking, no closing costs and a quick close. Appraisal and inspection contingency. We're 5 days from closing and the appraisal (late) comes in and it's short. Both sides fold up. After many many rounds of negotiations (and Malibu rum) with me and the agent both coming off $$ we got the deal done, closing later this week. I NEVER ever want to go through this on the BACKEND again but my trusted broker and peers are of the belief that "you don't run comps when making an offer. You offer what a buyer is willing to pay for a house and let an appraiser do his job." What is your philosophy? [link] [comments] |
| I work 8 - 5 Monday - Friday; am I REALLY just going to fail? (Specifics in text body) Posted: 13 Apr 2021 12:16 PM PDT So first off, I've read through topics here already, but can't find specifically what I'm needing answered. I have obtained my license previously, but it was bad time in life, so I never really did anything except waste my money. I'm in the process of renewing my license now, and looking at different Brokerages to join this time, since I did not shop around AT ALL the first time (influenced by a friend). I will most likely be starting a new full time job, paying quite well, with great benefits for my family, but the schedule will be more limiting than the job I currently have. I already know pretty much everyone on here will reply "you have to work full time to be successful". However, lets pretend that wasn't the go to answer here. If I can dedicate most of my after work time, and weekend time, to all things Real Estate, could I still be successful in the long run; maybe even able to transition into FT Realtor? My second concern is with CE, and extracurricular learning. Are any of these extra learning opportunities typically presented outside of the 9 - 5 window, so that I could catch them some evenings or weekends? I'm so torn right now, because I want to be successful in Real Estate, and do this full time, but I have a family to provide for, and thus can not go without income for months on end. Thank you for any feedback! [link] [comments] |
| Quick Question for Null and Void License Posted: 13 Apr 2021 10:58 AM PDT I let my real estate license expire due to taking a break from the business to raise my family. I put my license as voluntary inactive but was not able to complete my post licensure class. (a dumb mistake to wait until the last minute) Will I need to close my Zillow account? I plan to start over in a year or so. I was not able to use my free legal hotline because my license is no longer active. Edit: state is florida [link] [comments] |
| Posted: 13 Apr 2021 09:59 AM PDT Has anyone used the CEcourse as opposed to hondros to get their pre licensing sales person license? If so do you recommend it? [link] [comments] |
| Thoughts on Homesmart & agent/broker contracts Posted: 13 Apr 2021 08:46 AM PDT I am a recently licensed agent (I read through the new agent mega thread) deciding between Homesmart or EXP to hang my license with. They both seem like a good place to work. At this point I'm leaning a little more towards EXP (even though I'm not a fan of the recruiting/revenue share set up) bc it seems they may be more helpful to new agents and you have access to kvcore, their lead generator. What are you thoughts? Have any of you worked with Homesmart, if so what do like about them? Are they a good company for new agents? Also, what is the typical length of an agent/brokerage contract? I asked for a copy from both exp and Homesmart to look over. Exp was 40 pages and Homesmart was 4 pages. Is there anything in a contract that I should look for as a possible red flag? [link] [comments] |
| Posted: 13 Apr 2021 06:59 AM PDT My parents are planning on selling their home (5 bed/3 bath, 3000 sq ft, with a pool) in the next 2-3 years. The house is about 23 years old, and everything is original. They have taken care of the home, so besides a few cosmetic things (ie. peeling wall paper) the house is in good condition. However, it's very dated and let's be real, my parents don't have the best taste. They live in a very desirable area where homes on the low end sell in the high 600's (for a fixer upper, pre-covid.) We're not really worried about timing the market though, since who knows what it will be like by the time they sell. However, they are trying to decide if it would be worth it to make some updates to the home (redo the kitchen and bathrooms) or leave it as-is. They are also trying to decide if they should spend the money (probably around $75k) to get a new roof (which, according to a roofer that came out to check it a few months ago, has at least 5-7 years left.) They aren't working with a realtor or anything like that yet, but my question to you all is, would it be advisable to spend the time/money and update the house? (Location: South Florida) [link] [comments] |
| Posted: 12 Apr 2021 10:29 PM PDT I finally got fed up with the disappointments with failed offers after 4 months with my desperate well- qualified buyer clients...put on my game face and submitted a BULLY offer...and it, well...WORKED!!! whohoo! Went from. Accepted offer to fully executed P&S in less than 10 hours. No more Mister nice guy!!! [link] [comments] |
| Posted: 13 Apr 2021 04:53 AM PDT Hey Guys, I've been working with a buyer lead and I send him a property that came on the market last Thursday from my site on Thursday. He walked into the open house over the weekend and went under contract with the listing agent. I called him on Monday end he told me he went under contract with The listing agent and offered to give me his information. He continues to drive traffic to my site (his mom, dad, girlfriend ext.) to look at the property he just put under contract and it's pretty clear that he found the property from my email I can see that he's been looking at it multiple times a day. How would you handle this? I'm going to speak to legal later but I don't know if it's worth trying to go after the commission or attempt to put together a case for procuring cause. The threshold seems to be very loose unless you have a signed Buyer Broker agreement. In any case, what would you do? [link] [comments] |
| Posted: 12 Apr 2021 06:08 PM PDT Hi, i turned 18 just a few days ago and I wanted to become a realtor/ be an intern at a realty firm. If I were to email one of the realtors there would that be a good way? Or should I go in person? [link] [comments] |
| Mixed feedback from first weekend on market-- what would you do? Posted: 12 Apr 2021 07:26 PM PDT I have a listing right now that went on last Friday and did not go under contract over the weekend. It feels crazy even worrying about it, but houses are moving so quickly that my Sellers are discouraged. Most feedback was positive, but I just got the second agent who mentioned that the hallway paint was a bit too scuffed for their buyer's taste, and deck could benefit from a power wash (both of these things are true, and thankfully easily remedied). Sellers are now wondering if they should temporarily go off market to make the adjustments from the feedback. Interest has been moderate and consistent, this is technically our day 3 on market. I'd say average for their area is something like 7 right now. Home price is higher than average for the area, but not in a luxury bracket. I'm hesitant to stop the momentum, but also don't want to continue showings if this is truly going to be a roadblock to a contract (I feel like buyers are also blinded by competition right now and have forgotten they can negotiate this stuff, too). Would it be better to stop showings to make adjustments, or to acknowledge the situation with future showings and say "we're going to take care of that later this week", or just keep on keepin' on until more feedback comes available. So, what would you do? [link] [comments] |
| Posted: 12 Apr 2021 06:53 PM PDT (English is my second language sorry if my grammar is bad) I just wanted to get some advice from you people. So first off I just finish my 45hr course on practice of real estate. I got to the practice exam 1&2 and literally didn't know 98% of it(they worded everything so different from the quizzes that I would take)and also their were some vocabulary words and meanings that I didn't encounter when I was going over my course. I just want to know how did yall study for the final exam of the course, because I don't want to start it and not know anything. I've watched the exam cram videos they provide me. Also I have 18 days before my course expires. Thank You! [link] [comments] |
| Starting my first day in the office tomorrow! How did yours go? Posted: 12 Apr 2021 05:43 PM PDT I've been thinking about doing RE for a year now. Took me awhile, but I just recently quit my job and took the test. After a long time coming, tomorrow is my first day! I signed on with a group at Keller Williams. Not really sure what to expect on my first day but I'm excited nonetheless. Do you remember your first day? What was it like for you? Thanks, everyone! [link] [comments] |
| Nothing against Ryan Serhant but Posted: 12 Apr 2021 01:29 PM PDT I don't know if you guys have noticed but that one particular video from Ryan Serhant on YouTube, which is just a pretty big Ad trying to sell his own course about how he run his "social ads'' Jaime Rezendiz Marketing YT channel that guy, so much value. There's literally everything in there Everything's already out there, and it's free, don't fall for the trap of getting that dopamine hit [link] [comments] |
| Choosing company. Solo or group advice? Posted: 12 Apr 2021 10:15 PM PDT I passed my exam roughly a month ago and have been waiting on my background check to go through. I've been in talks with a family friend who has helped me with things through my training and everything but as I got into my meeting with a principal broker at the business I was going to work for I was told they suddenly said they were busy and not adding people to the team. This was news to me so obviously I'm sort of pissed this wasn't told to me as I feel I have wasted a month so I have either the option of going solo right away or trying to just find another group to go with but my schedule will be somewhat funky so I need to find a group that is understandable. I know that I wanted to join a group in the beginning in order to have what I feel like would be more help and help me get the hang of things. Eventually I would want to be solo but I don't think right from the beginning. Any advice on what steps I should be trying to do and if shopping around companies would be best. One is of the bigger company types and another one I'm considering is a more local business that mainly works surrounding 2 counties. Thanks for any help. [link] [comments] |
| Submitted my first back up offer yesterday, is the other agent being shady? Posted: 12 Apr 2021 04:44 PM PDT Hi everybody, newer agent in Georgia here. My clients decided to put in an offer this past weekend. The home had been on the market for 46 days, was pretty over priced initially but had been decreased multiple times, and my clients were in a great position to negotiate a deal on this but wanted to let a few days pass to see how much interest was on the house. There was definitely renewed interest after the latest price decrease with multiple showings every day. After first contact with the listing agent, before I ever told him my clients were considering an offer, he mentioned that there was one offer with a deadline to respond the following morning. I was 50/50 on whether he was telling the truth or not, so we put in our offer 30K below list with an escalation clause going to 15K below list. He told me that they ended up choosing another offer and that it was 5k above our escalation clauses ceiling. He said if we could math the other offer his clients would be willing to accept ours as a back up. My clients agreed. 24 hours later and the listing agent tells me the first deal fell through and now I'm questioning whether there was even a primary deal in the first place. The timing seems suspicious to me. Did I just get hood winked? The verbiage in the back up offer states that the buyer acknowledges that they don't have a right to hear the details of the primary offer. Would it be bad to ask to see the original offer anyways? What was the best way to avoid this in the future if I did make a mistake? I've been really proud of the negotiating that I've done on all my deals thus far and this is the first time I feel like I may have made a bad decision for my clients. [link] [comments] |
| Buyers delaying closing by 2 weeks, does seller get prorated mortgage at closing? Posted: 12 Apr 2021 03:31 PM PDT |
| Posted: 12 Apr 2021 03:23 PM PDT Getting back into this business after a couple of years off. Last time around I did really well and produced but worked 24/7, and didn't leverage when I should have. This time around I plan on only focusing on listings, as I noticed that most of all the after hour work came from buyers. Weekend showings aside, they just require more attention in my experience. But is it even possible to not ever work a single night or a weekend, even as a listing agent? Most after hours stuff with listings like sign calls and showing requests could be transferred to a call service, but what about offers? How can an assistant help with this in particular? Was there a set number of transactions/listings per month/year where you knew you needed an assistant? In 2 weeks of prospecting I have 2, and at least another solid 2-3 in the pipeline. [link] [comments] |
| What is the best and easiest database system Posted: 12 Apr 2021 02:32 PM PDT Im with kw and they have command as a database. Before I dive into it. I want to know what are my options with databases. [link] [comments] |
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