Realtors: Google Won't Let me Advertise as a Realtor? 'Housing' Violation?? |
- Google Won't Let me Advertise as a Realtor? 'Housing' Violation??
- Have you had success using an escalation clause in this market?
- Pros and Cons of joining a Smaller Brokerage compared to Large brokerage
- Seller won’t close
- Advice needed for selling a unit in a 55+ Resort / Independent Living condo (please!)
- Drop your first deal closed stories!! How long did it take? How long would it take me in Texas to activate license and close first deal?
- How can I motivate a Realtor to help me buy land?
- How do you guys cope with personal life stress and stressful events?
- 0.5% COMMISSION?
- Family wants me to help them buy a home if they get 1/3 of my compensation.
- Salesperson Exam tips
- Negotiation tactics for listing homes at better rates
- Seller won’t close
- Is VanEd completely legitimate?
- Issues with Arsenal MKG?
| Google Won't Let me Advertise as a Realtor? 'Housing' Violation?? Posted: 16 Apr 2021 07:07 AM PDT I am having an issue when I create google search ads. I am in Michigan and it says I violate the google ads policy because my ads target 'Housing'. My ad literally just says call me to buy or sell a house in ' ' area. 'My Name' Realtor. How did you guys get around this. I see other realtors advertising on google search. [link] [comments] |
| Have you had success using an escalation clause in this market? Posted: 16 Apr 2021 12:25 PM PDT I just saw a listing that said offers with escalation clauses will not be considered, and that got me thinking. Historically, I haven't preferred to use them because it pretty much shows your Buyer's hand. Even if the Buyer's offer wins and you go UC without triggering the clause, now the Seller knows the Buyer still has $X amount more to work with. Inspection objection? lol no. However, in this (my) market, you pretty much have to throw down everything you're working with to compete with other offers, so why not... So in a hot market on the Buyer side, assume all other terms other than price are the same: how much benefit does an escalation clause really add to an offer vs coming in with your highest and best and potentially leaving money on the table. On the listing side, I think I like the idea of not considering escalation clauses? Bring your highest and your best, and I bet the odds are that will drive up the average offer price among multiple offers, not to mention an overall higher sales price. [link] [comments] |
| Pros and Cons of joining a Smaller Brokerage compared to Large brokerage Posted: 16 Apr 2021 10:48 AM PDT I'm torn between starting off at KW or going with this smaller brokerage that has been around for about 5 years. The broker made it seem very enticing because they focus on our growth and success. He has mandatory training that I would need to take next month that he created. Their social media presence is on point. He also described and "community pool" which is basically where each person that sells a certain amount will either put $100 or $50 into this pool and at the end of the month will get split between all the agents. He explains that this provides accountability for each agent and that we each do our part to help one another. Does this sound too much compared to the typical brokerage. One thing that drew me this brokerage is that he took time to talk to me and get to know if we would be a good fit intead of just handing me a paper with the numbers. Just looking for opinions or advice from anyone that has switched between a larger broker compared to a small one. [link] [comments] |
| Posted: 15 Apr 2021 04:23 PM PDT An hour before our final walk thru, and a day before our closing, the listing agent informs me that his client won't be closing tomorrow because she's waiting on the appraisal to come back on her next house. What!? She is unwilling to leave unless her future house appraises which is obviously not a factor to my transaction. My clients are unwilling to extend or do a rent-back with delayed occupancy in light of the information they shared and want to pursue a breach of contract with an attorney. Has anybody ever dealt with this? Waiting on a call back from my PB who's an attorney. [link] [comments] |
| Advice needed for selling a unit in a 55+ Resort / Independent Living condo (please!) Posted: 16 Apr 2021 12:43 PM PDT Hello! This is my first ever Reddit post .. thanks in advance for your time! I'm in San Diego County and have a listing for a 1bed/1 bath condo in a 55+ Independent Living/ Resort Community. The unit is listed in the $150K range and the HOA's are $2100/month for a single person. It's literally been on the market since Sept 2020 and it's not the only unit in the complex for sale that hasn't moved. There are at least 8 active units, with a median DOM time of 70 days. I know that the pandemic is totally to blame for the slow down of this demographic getting out and about. CA just opened up vaccines to all adults and I think that there could be a light at the end of the tunnel, but I'd like to ask the community to see if anyone has any ideas of how or where I could market this puppy to help get the word out.. Here's what I've done:
What more can I be doing? Info on the complex and why the HOAs are so high:
Thanks for lending me your brain because mine is totally fried on this one... [link] [comments] |
| Posted: 16 Apr 2021 07:04 AM PDT Drop your first deal closed stories!! How long will it take to activate license and make commission part time( Texas)? how long did it take you? I have an inactive license and a potential client who's already ready to make offers on a couple properties. On top of that I think the hot market should help steer more friends/family in my direction. I'm a new agent (no prior experience only passed exam) with an inactive license, so if I sign up with any brokerage working evenings (for orientation training/getting setup) how long would it take me to write offers and eventually close on the first deal? I'm also curious how long did it take you guys to get your first deal would love to hear some stories! [link] [comments] |
| How can I motivate a Realtor to help me buy land? Posted: 15 Apr 2021 07:36 PM PDT I want to buy waterfront land and do a new build. I can easily afford it and waterfront lots appear from time to time on MLS in our area, but there is not a lot of inventory in this category. Would it be weird to ask a Realtor to go out and look actively for land -- i.e., figure out who owns undeveloped lakefront property and ask them if they want to sell? Do Realtors ever do stuff like that? Or do they all just set up alerts on MLS and wait for something to pop up? And if it's not weird to ask Realtors to do this, should we expect to pay extra fees? I would imagine agents would not be very motivated to go and find a seller proactively if they are only getting their standard 3 percent of the sale of land, given that the sale price would be relatively low since it's just land (even waterfront lots in my area do not sell for very much). I'd happily pay $10k, $20k or whatever to someone who will go out and find me the right property before it's even on the market. But I don't know if that's a weird thing to propose. Thanks in advance for your answers. [link] [comments] |
| How do you guys cope with personal life stress and stressful events? Posted: 15 Apr 2021 12:19 PM PDT Curious, if anything happens in you're guys personal life to the point where it's too much including the pandemic together. Is that enough to consider a break from RE? just curious [link] [comments] |
| Posted: 15 Apr 2021 01:07 PM PDT Hey guys I'm a new agent, just joined my first brokerage a few days ago, and got a buyer interested in a property only problem is the listing agent only wants to give 0.5% commission to the buyers agent. I'm willing to do whatever it takes to close the deal for my client but I would like to know what you guys think? Should I try and negotiate higher? [link] [comments] |
| Family wants me to help them buy a home if they get 1/3 of my compensation. Posted: 15 Apr 2021 07:08 PM PDT One of my family members found out I'm going to be a realtor soon and decided they wanted to buy a house in Nevada. They want me to be their realtor given I give them 1% of my 3% compensation, leaving me 2%. At first this sounded bad to me simply because I have to pay taxes on that 3% yet they're saying there's a way for me not to? Does anyone have any idea what I should do? [link] [comments] |
| Posted: 15 Apr 2021 02:42 PM PDT Hello I'm going take the salesperson exam next week I'm located in California, and I'm traveling to fresno which is a 4 hour drive from me to take the exam due to Los Angeles NEVER haveing openings. It's my first time taking it any tips on the test? Best way to prepare? Thanks I really want to past first time or the drive back going be very sad haha. Thanks guys. [link] [comments] |
| Negotiation tactics for listing homes at better rates Posted: 15 Apr 2021 01:16 PM PDT I'm a newbie working in a booming seller's market. While 6% is a pretty standard listing fee around here (and has been for many years) I've noticed that a lot of my competition has been getting listings for 7% or 8% and still only giving 3% to the buyer's agent. Think of me what you will, but I definitely want in on that action. For agents on here that are accustomed to listing houses for more than the standard fee for your area, what are some of the tactics you use to negotiate that? [link] [comments] |
| Posted: 15 Apr 2021 04:16 PM PDT At the very last minute, a day before closing and one hour before our final walk-thru, the listing agent informs me that their client will not be closing tomorrow. Because the seller has to make sure her next house appraises first. She's started packing but has been waiting on her appraisal before she leaves. What in the actual fuck?! Buyers sold their home in another state and have two moving vans loaded up and ready to go. After the house appraised low and my clients agreed to overpay for the house (see my last post) they are at a loss on what to do. They are speaking to attorney tomorrow. Even the listing agent agrees with me that we need legal counsel and that his client is in breach of contract come tomorrow. Unbelievable. Anybody dealt with this before? I'm in Arkansas, we have what's deemed a 'buyers contract.' The buyer gets 2 ways out (inspection and appraisal) but seller generally gets none. Any feedback or affirmation appreciated. Waiting on a call back from my PB who's an attorney. [link] [comments] |
| Is VanEd completely legitimate? Posted: 15 Apr 2021 02:11 PM PDT I recently purchased 180 hours of Real Estate Courses from VanEd for the state of Texas. I heard about VanEd from some people on reddit who were talking about online schools in which they did their exam prep to earn their Realtor License. I'm just curious as to if they are legit? Some of the wording in the courses are gramatically incorrect and I've even seen one or two spelling errors. Has anyone here used VanEd? [link] [comments] |
| Posted: 15 Apr 2021 12:25 PM PDT Hi guys! I just have a general questions to whomever uses this platform (ArsenalMKG), is anyone having issues with the platform. I have been trying to reach support for a week and have no luck. Typically they are good with responding but not sure whats going on. Does anyone have a phone number for support or a direct reach with customer support? Help would be greatly appreciated, thank you guys! [link] [comments] |
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