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Agent2Agent : Nationwide Real Estate Advice

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Activity 11,371
Earlier today
Susie Kay answered:
You can ask your broker whether she/he belongs to both boards, mls etc. Then you just need to pay your dues and fees for both boards for yourself. You need to be under the same broker to avoid issues. A broker in San Antonio will not want to be responsible on things that you do in Dallas. ... more
0 votes 3 answers Share Flag
Earlier today
Steve Bracero answered:
Define what you are looking for in a brokerage.
Education is critical and may be a major factor in you selecting a brokerage.
Know if it is a cloud office or if you will be paying monthly desk fees. ... more
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Earlier today
Rhonda Golub asked:
Earlier today
Kathy Burgreen answered:
Unfortunately I learned from another landlord on Zillow's Q & A before it was shut down that tenants (renters) abuse the emotional support dog certificate - either getting a doctor to sign it or fraudulently claiming they are entitled to an emotional support dog when they are not. This is part of the reason for the difficulty.

Another issue is homeowners insurance for landlords. Standard insurance policies do not cover liability or damage from tenants pets. Since landlords do not want to be sued, it's easier to either have a "no pets" policy or to accept small pets by weight. There are specific breeds which insurance companies do not cover period. Pit bulls are one of those breeds.

If you are renting, it is your responsibility to buy pet insurance with liability and damage coverage. Once you show proof of insurance, landlords will be more willing to accept you. The issue is if anything happens because of your pet, you will be sued - not your landlord.
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Yesterday at 7:17pm
Kathy Burgreen answered:
As a retired realtor, my first impression at your question is you must be a new agent. As a new agent / realtor, you need to understand that without a signed Buyers Agreement or any other contract means you DO NOT get paid!!! Explaining the process to buyers and explaining the Buyers Agreement is part of your job as a realtor. You cannot be shy about it. Realtors ARE pushy people and if you are not the type to be pushy, I would advise you to get a different job or career. You need to understand that realtors are salespeople - first and foremost. This means push, push, push. This is not an industry for shyness.

My best advice is to have the buyers meet you in the office and explain to them the meaning of the Buyers Agreement, why they need to sign it and the benefits to them and you. Most brokerages have written scripts to cover this. Ask your broker or Office Manager. Rehearse the script well and when saying it to the buyers, say it in your own words.
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Yesterday at 9:48am
Scottfarley1 answered:
I think the primary question should be how will you find clients. It doesn't matter what classroom training you had if you'll be thrown out there post training to find your own clients. You realize there's 50,000 agents in NYC right?

My friends have had a great experience so far with Mont Sky Real Estate. Primary difference, they give sales leads and referrals consistently to their agents. Their commission splits are pretty generous for your own deals, I believe they start at 75% to you.

Main question you have to ask yourself is do you have an edge over the 50,000 other licensed agents in NYC? Some agents have connections with developers, international buyers or live in a 200 unit co-op building. Unless you have an edge it'll be extremely tough in the business.

That's why the leads matter so much. Good luck!
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0 votes 21 answers Share Flag
Yesterday at 5:43am
Scottfarley1 answered:
Really depends! In New York City where I'm based, my friends have been having a lot of luck switching over to Mont Sky.

They seem to have been steadily taking over the residential sales market which has pretty much been under a death grip by the bigger brokerages in town. Had a few friends deciding between them and Compass, but ultimately decided on Mont Sky for the opportunity to work on verified sales referrals (i.e. buyers and exclusive listings), high commission splits (i think 75% starting to the agent) and top tier tools and training.

I don't think they build much of the software in-house like Compass, but at the same time I don't think they're spending as much on overhead if they can just outsource it by vendors who are already providing those services. To each their own. Good luck!
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Yesterday at 5:37am
Scottfarley1 answered:
I've got about 10 friends (I'm in NYC) here who are agents. They all say you should be full time to make a living out of it. With that said, 2 of them are still part-time and they say there are some firms like Mont Sky which are lenient about you having a second job.

For your second question, I believe it's very rare to just hand out sale listings here in the city as they're obviously very valuable. Mont Sky does seem to do that, but with management oversight.

Listings seem like an obviously way to kickstart your business --- aren't open houses just a way for Realtors to meet clients?
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Mon Jun 26, 2017
Anthony Roth answered:
I used them for a little while and had some closings but the math did not add up. They did not fulfill their end. I would go months without any appointments at all. Then they asked me to give reference calls and they would discount my fees. I did a few and they did discount but I felt bad because they were Ok not great. Now they were paid for 6 months and I told them I would NOT pay unless they got better and got me a few appointments. They have disappeared and do not return my emails or calls. No appointments in May or June 2017 and our market is flying. Save your money!!! ... more
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Sat Jun 24, 2017
Samantha Alley asked:
I am trying to add a more detailed description for a listing(437 Topaz St.,Philomath OR) and after selecting "edit listing" The next screen says, " Doesn't live here…
0 votes 0 Answers Share Flag
Sat Jun 24, 2017
Shawn Phillips asked:
I am a Keller Williams agent and have a listing at 302 Breckingridge Drive, Ladson, SC. It is on mls and on Zillow. What is going on?
0 votes 0 Answers Share Flag
Fri Jun 23, 2017
Lonnie Hand answered:
As a certified mentor for eXp Realty I can comment on the training that we provide to new agents. Your first question is about split. eXp has an 80/20 split with all agents having a low attainable $16,000 cap at which time they get 100% commission. If they do 20 transactions past cap each year & attend both company conferences they are eligible to get their entire $16,000 back in company stock. A quarter of which they an cash out after a 6 mo. holding period. The rest is vested. eXp also has 6 ways agents get stock awards for production, i.e. doing what they should be doing anyway. Upon joining eXp a new agent is paired with a mentor who essentially does a bit of hand holding and helps that agent with all aspects of being a realtor and the path to success such as prospecting strategies/buyer and seller consultations/contract write up and negotiations all the way through closing. As we are a very agent-centric company the idea is to help agents reach a certain level in building their business. The mentor program is only for the first five transactions and the mentor receives 10% from those five transactions, unlike other brokerages that may keep agents into a long contract. Additionally we have a cloud brokerage meaning collaboration happens in a virtual environment through technology that many med schools and pharma colleges use to collaborate called VirBela http://www.Virbela.com which lowers expenses for the agent and allows them greater efficiency. Within this environment agents can attend 30+ hours of live training events and business coaching each and every week such as
* Mastermind for eXp Agents
* SkySlope Basic Training
* XCamp
Learn the latest technology tools that influence real estate and your business.
* Kunversion 101
* 4 Step Plan for Success
* eXp Orientation
* Orientation Tools
* Grow Your Business Coaching
* WordPress Workshop
* Sales Coaching
Sales Talk and coaching with National Sales Performance Coach Bill Crespo.
* Build Your Revenue Share
* eXp Tools for Success
* eXp eXplained
* Millionaire Agent Mastery
Join Rick Glade and experience the power of focus, consistency, and accountability in this simple to follow yet powerful program. Introducing the world's best wealth creation training class for people in real estate who wish to become super achievers.
* SkySlope Basic Training
* The Math Behind Lead Generation
We have an open door policy to ALL agents so please feel free to check out our campus and attend a training. http://invite.exprealty.com Would love to take you on a tour of eXp World!

I wish you much success!
Lonnie Hand
eXp Realty Certified Mentor & Agent
980-253-3861
http://www.HowToChooseAbrokerage.com
... more
0 votes 16 answers Share Flag
Fri Jun 23, 2017
Vasyl Magura asked:
I am an agent and have only the (free) profile. The phone number in the premier agent is correct, but on trulia they gave me an inactive number.
0 votes 0 Answers Share Flag
Thu Jun 22, 2017
Scott Godzyk answered:
I always say never pay for leads when you can generate your own. Sign up for a free blog and start writing about your area, market reports, and what services you offer. This way no sharing, none are old and you are not paying for something you dont get ... more
0 votes 3 answers Share Flag
Thu Jun 22, 2017
Scott Godzyk answered:
Scroll up and click on your name upper right. You can can click on your listings from there. If you need more help, scroll to bottom right and click on help center
0 votes 1 answer Share Flag
Thu Jun 22, 2017
Scott Godzyk answered:
Thu Jun 22, 2017
May Wu asked:
Hello, I am a realtor agent. My profile and account name in trulia all shows May Wu, but every time I received a notification email regarding my new listing was saying Wen Zhan. What happened?
0 votes 0 Answers Share Flag
Wed Jun 21, 2017
Scott Godzyk answered:
You should interview with a couple of different companies. You may find big companies have more resources and online training while smaller offices train one on one, hands on training on the job. You need to ask what the office charges, what they pay and if they provide leads. I prefer small officers for those reasons. Also go to Active Rain and sign up for a free blog, i put a link below so you can start to market yourself. ... more
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