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    Friday, April 9, 2021

    Realtors: Facebook ads to get Listings

    Realtors: Facebook ads to get Listings


    Facebook ads to get Listings

    Posted: 09 Apr 2021 06:07 AM PDT

    Has anyone had much success in pulling listings from ads? I've been experimenting with little success and was hoping to exchange some ideas with people who are trying the same thing

    submitted by /u/I_Am_None_Ya
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    Buyer realtor security latched all doors. Needed lock smith to unlock

    Posted: 09 Apr 2021 05:52 AM PDT

    Hi everyone,

    A buyer and his realtor security latched on the inside all of my home doors, and no one else could get in to view the property afterward. I had to call a lock Smith to break the latch, damaging my door frame in the process. I'm not even sure how they were able to leave the property after latching everything, which can only usually be done from the inside.

    Is there anyway I can file complaint agaisnt the agent or request reimbursement for the lock smith fee?

    submitted by /u/SnooHesitations5624
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    Changing offices in the middle of a transaction?

    Posted: 09 Apr 2021 12:12 PM PDT

    I've been unhappy at my office for a couple months now. I just got to the point where I can't take it any more and have decided to do something about it. There's another office at the company in a different part of town that wants to bring me in and I've been working with them to make a transition in a couple weeks to a place with a better split, a lower desk fee, and more support. The problem being that I am currently negotiating a PA as a buyer's agent. The office I want to move to is owned by the same company, so the head broker in the transaction is the same, but the associate brokers will be different.

    Has anyone done this before? I'd really like to get out of this office by the end of the month like I've planned, but at the same time I've been working with these buyers for a while and it has been quite a challenge finding a place. I do not want my changing offices to impact this transaction.

    submitted by /u/Dragonbrau
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    Advice on helping choose a brokerage and what to do next??

    Posted: 09 Apr 2021 10:37 AM PDT

    Just passed my Illinois real estate exam 2 days ago and I've already been getting texts from different brokerages. Does anyone have advice on how to pick one since there's so many out there? Also is that the next step choosing a brokerage? Am I missing something? Obviously there's not a lot guidance out there for beginners so any advice would be much appreciated!

    submitted by /u/tommyc427
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    New Commercial Agent Seeking Advice

    Posted: 09 Apr 2021 06:20 AM PDT

    I just passed the GA real estate salesperson exam and was extraordinarily lucky to associate with a commercial brokerage. I used one of their associate brokers for all of my residential properties and attempted to invest in a commercial property, but it fell through due to COVID and the restrictive lending criteria that came along with it.

    For now, the plan is to assist the associate broker with his projects; things like compiling data from CoStar, doing CMAs, running numbers for investors, etc. He said he would give me a percentage of the sales I assist with. So, I have a few questions for the group:

    How much is a reasonable expectation for assisting another commercial agent? 20-25% of his net?

    What types of things can I do independently to earn while I'm learning?

    Aside from CCIM, are there any other major certs or affiliations that can add value early in my career?

    Any other advice you have would be greatly appreciated.

    submitted by /u/TheBlueGhoul
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    Any realtors working in second home or vacation markets?

    Posted: 09 Apr 2021 09:10 AM PDT

    Hi everyone, I live and work in a popular vacation area so the vast majority of our sales are second homes and/or vacation rentals. Buyers and sellers for the most part live all up and down the east coast (I'm in NC). A lot of the advice and experience on advertising and getting leads just kind of doesn't work in my market.

    So does anyone else out there in a similar market and want to share tips or experiences?

    submitted by /u/Albert_Im_Stoned
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    How to price your house?

    Posted: 09 Apr 2021 06:46 AM PDT

    We are going to talk with realtors in our area, in Georgia.. but wanted to ask from your experience.... we want to sell our house but have some pretty major issues.. our roof needs to be replaced and a 2nd story back deck is basically a tear down job.. similar comps have been going on the market and selling for average of 330k that are also same number of bedrooms/bathroom and similar square ft and acres... but those same houses are not updated.. ours has a whole new kitchen and bathrooms.. how are comps determined? And how do you price it with those issues?

    submitted by /u/Zoorangler123
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    How to answer the “what would you offer?” Question

    Posted: 08 Apr 2021 04:35 PM PDT

    How do you guys handle this situation, a buyer client loves a house and at the end of the tour and they ask you what would you offer? Or what do you think it's worth? My current response, I'm a newer agent, has been to explain to them that it comes down to what they are comfortable with getting it at and what they are comfortable missing out on it at. But I feel that response is not super helpful and I want to be able to provide a better response. I am just curious to hear how some of you guys go about this question. Maybe there is something I'm not doing prior to the showing or something to put myself in a position to answer that question better. Thanks everyone.

    submitted by /u/Bad_Golfer_
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    Where did your last 5 listings come from?

    Posted: 08 Apr 2021 02:26 PM PDT

    Hoping we can brainstorm since we all need more listings. I'll start.

    1. Got my number from another client. Interviewed both his old Realtor and me, I got the bid.
    2. Previous client inherited duplex, didn't like being a landlord.
    3. My piano teacher was in charge of deceased neighbors estate, used me.
    4. Referral from a past client in a different field.
    5. Ex co-worker.

    As you can see, these all just fell in my lap through whatever efforts my top of mind marketing provide me. Hoping someone has some good strategies so I can add some extra gravy by putting forth a little bit of effort.

    submitted by /u/mrausgor
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    Any way to stand out?

    Posted: 08 Apr 2021 09:38 PM PDT

    I'm using a va loan which obviously has its downsides. Is there any way to stand out in a market where houses are going 30-50k over asking constantly?

    submitted by /u/Bearjew53
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    Represented a very close friend ... should i get them something at closing?

    Posted: 08 Apr 2021 07:22 PM PDT

    I represented my really close friend in the simultaneous sale and purchase of their new home. Obviously I made a decent amount in commission. Im just wondering should I get my friend something, maybe a home depot gift card or house warming gift. If you were representing a good friend or family member would you get them anything?

    submitted by /u/Johnny040404
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    YouTube and Facebook Commercial

    Posted: 08 Apr 2021 06:39 PM PDT

    What are your thoughts to create brand awareness? I am thinking about creating a professional commercial and playing it locally on YouTube and Facebook. What do you think?

    submitted by /u/planlife
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    Cold calling is still extremely viable. Sure everybody is doing it, but the reality is most people aren’t doing it right.

    Posted: 08 Apr 2021 08:38 PM PDT

    I began cold calling when I was 19 and I turned 20 just over a week ago. In the last month I've generated just under $3mm in contracts. The point I'm making is that I don't have years and years of experience, and my production is scaling up and up.

    What do I think most people do wrong? Well, there are a few that I'd like to talk about.

    PS: A cold call zoom training / practice session is in the works! Leave a comment if you'd like to be added

    First off, is dependence on scripts. A script should only be an outline, a structure to your call. They should not be exact words to say with intended responses. The reason they don't work is because you sound automated, and you have absolutely no preparation for when the script goes off course, which they absolutely will.

    Second, it is your entire mindset surrounding selling. What I mean by this is that people are coming in with the idea they are trying to make a sale, and not that they are trying to genuinely help and provide value. Make no mistake - you are still selling, and you still need to be cunning, but that simple mindset shift changes how you view the conversation. When you view each call as trying to make a sale, you react in one of two ways. You either go soft, meaning you feel like you're taking advantage of them and manipulating, therefore you do not want to bother them. Or you go hard, meaning you overcompensate and you sound like just another salesman. The key to all of it? Genuine curiosity and sincerity. Realize that these people have been through stressful scenarios. Realize these people have lived equally as difficult as you have. Realize these people probably have received a number of calls already, and then actually listen to them. Don't plan out a response ahead of time, only plan out where you want the conversation to go. Once they say something with a notable emotion, expand on it. Make sure they know you understand, and that you are listening. They will be far more receptive to you then, I promise

    Third, and this is an eye opener, you don't actually provide any value. You need to sit down and think to yourself, what do I do differently from all the other agents? What are your carrots. A carrot is something that you can put on a stick, something you can dangle in front of them to set an appointment. An example of one of them is that I have a 197 point marketing plan. Yes, you heard that correctly. 197 points. Now I'm not going to read each one of these damn things off, but what I am going to do is display how this sets me apart from all the other agents. I pick a few key points that fits perfectly to what I have already identified, and I show them that I actually provide value. I ALWAYS make sure that I get them to tell me why what I do provides value. For instance, I create a custom website for their property, that includes a matterport scan. After I tell them all about this website and the 3D scans, I would say "now John, would you say these would help your property get sold faster and for more money?" or anything similar.

    I hope at least one of you gained value from this!

    submitted by /u/LiamBensonRealtor
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    What should you realistically expect from your brokerage when starting out?

    Posted: 08 Apr 2021 07:24 PM PDT

    I posted about my situation a while ago, so I apologize if you read that post and this seems repetitive. I still am looking for answers, and could use some advice from professionals that have been in my situation.

    I am a brand new, 19 year old agent in Colorado. I've been licensed for about 3 weeks, and I signed to my local KW the day after taking my test. They were super eager to have me. I was told there would be so much coaching, so many classes, and part of it was true. There are several classes weekly, but all on "soft skills" (communication, self improvement, etc.), but that's about it. I was so motivated, ambitious, and so ready to hit the ground running, so I eagerly signed with them.

    But I have received little to no instruction on actually getting started. I joined their "success team", which is apparently for newer agents, but it still seems to cater to agents that have a few transactions under their belt looking to refine their techniques, and not for complete newbies like me. I have been struggling on actually organizing my day, and thus I get so overwhelmed and end up having to walk away from it.

    I have absolutely no idea what the actual real estate transaction looks like: the steps to take, who to call and when, etc. I have no idea what to do with a signed contract. I don't know how to market. I don't know anything about closing. I feel like a complete liability right now. I know I am smart. I know I can learn these things, and I know I will absolutely kill it in this industry one day. But I am so frustrated with the fact that I feel completely swept under the carpet by KW. I've reached out to so many other agents and management for assistance. Most blow me off and refer me to the success team, or follow up and then lose touch in a day or two. I've never even met my employing broker.

    I have been approached by a team leader who really likes me and wants to join his team. I don't know if I want to join, however, because it doesn't seem like he provides any additional support, and has super aggressive commission splits.

    Is this an extreme, or fairly typical? What type of "new agent" coaching did you receive when you joined your brokerage? Did you actually get to shadow an agent? How involved was your employing broker? How did you learn the transaction, and how to guide a client through it?

    I don't know if this brokerage is right for me, but I can't help feeling like I'm expecting too much. I really don't want to have to quit this brokerage. I have already invested a lot of money into them. Plus, one of the owners is my neighbor and I feel like it could get awkward if I quit. I also have spent weeks trying to teach myself the KW systems, getting familiar with the software, etc. If I needed to change brokerages, I have a lot of work to undo, and am forfeiting a lot of money.

    I apologize if this seems all gloomy and bitchy. I am so frustrated, so upset, and so down. I feel like all of the motivation and gas I had entering this industry has completely diffused. Any and all advice or criticism about my situation would be much appreciated.

    submitted by /u/thetimeisnow3
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    I'm switching brokerages but my current wont let me service to the end

    Posted: 08 Apr 2021 01:07 PM PDT

    I'm switching brokers and have a listing under contract that is about to close in 3 weeks. My sellers attorney only has to release the mortgage and that's it. My still current broker is saying since its with our company and you are leaving, you cant service the deal anymore. But I was told that some agents are allowed to service to the end of their deal even if they switch their brokerages during the deal. I want to be able to service to the end of the deal though I am switching, how do make sure that happens?

    P.S. I would just stay with my current company until the deal is completely done with but I have a listing appointment Tuesday where I want to make sure that the new listing I get goes with the new brokerage I want to work for.

    submitted by /u/RealEstateSalary
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