CareerBliss Happiest and Unhappiest Jobs in America -- 2013By: The CareerBliss TeamPosted March 25, 2013 Have you bought or sold property lately? Chances are your real estate agent is happier than you
They will now do a background check on the Realtors involved in the deal to make sure there is no connection to the actual transaction... ie self interest.
Geri DeWitt Ruby
RE/MAX Moniesworth Realty
1933 Route 52
Hopewell Junction, NY 12533
Absolutely! I am very excited to say that I am experiencing this buzz as well! YAAHOO.... I am selling reo's, short sales and regular old sellers homes too! It's all about price, If I get the price right, right out of the gate Im selling and receiving multiple offers. I am personally more of a listing agent, but it feels good to know that I am staying ahead of the market instead of behind!! Last year was a mess for me, constanly just trying to price right etc. I think doing BPO's all the time really helps me keep my fingers on the pulse of price! Congrats to you Helene, I wish you even more success this year!!
I think that an agent should do his or her homework when selecting a company to affiliate themselves with. They should contact the middle of the road agents in the company (not the top producers) and pick their brain. They should ask the agents what are the strong points of the company and what are things that the agent feels needs improvement. Then, you should contact agents that you know recently left the company and ask them what are the reasons they left and what advice they would give to an agent considering joining that company. Usually reasons an agent leaves a company is that there was a lack of support of the agent (did not help to protect them in a commission dispute, lack of referrals of buyers and sellers that continually went to the company favorites etc). Many times it is a lack of communication from the CEO down. When an owner isolates themselves in an ivory tower from the agents that are in the trenches it creates dissention. They don't relate. Agents feel as though the owner is just concentrating on his or her own profit margin. You cannot pass on to the manager the sole task of communications. This is a people business that is loaded with many emotions. Well, agents have emotions too and need to feel good once and a while. Direct competition is another big factor that makes agents resent their owner or manager, especially in a down market. If your owner or manager is out there showing houses or taking listings, it creates conflict and especially if you are in a slump and need a boost. It's too bad the Real Estate industry doesn't mirror the auto sales industry. A manager or owner of a medium sized company never takes a customer, even if they are related to the consumer. They do a T.O. (turn it over to a salesperson) on a rotating basis. If you are trying to select a place to become a part of, it is not just about how much of a commission split they promise you or how big the company is by the number of agents, it is how happy the staff and the agents are and also how the public perception is. The final thing a new agent should do is to poll the general public. Go to friends, neighbors and relatives and tell them you are entering the real estate business. Then, ask for THEIR opinion about which company they feel would be a good choice. If they were to put their trust in you, which company would they want to see behind you!
MJ Peterson Real Estate... more
As a Business Broker, let me address this question. In NY State, I believe the only requirement to be a business broker is to breathe. They do not adhere to any guidelines, rules, codes of ethics and are not under the auspices of the Dept of State.
As a Business Broker, I am a licensed Real Estate Broker, licensed by the NY Dept of State and a Member of the National Association of Realtors for my brokerage, Long Island Business Brokerage, Inc. I hire only licensed Real Estate Agents in an attempt to bring this industry to a higher plain. We provide recourse to consumers.
I am trying to legislate stricter laws and guidelines for this industry. Most other states require licensing.... more
No, but you may be able to have reciprocity. Check with the NJ DOS to see what is needed. I actually have a team member who is licensed in both NY & NJ. Contact me offline at Gail@GailGladstone.com and I will put you in touch with him to find out the procedure and requirements.
You can, of course, always refer business for a referral fee.... more
Gary, the rules are fairly simple. A liicensed agent advertising the own property for sale needs to indicate this fact in the ad. A small line at the bottom of the ad that reads something like "seller is a license agent in the state of ___" will suffice. Hope this helps.... more
Licensing requirements in NY will change 7/1/08. Some of them are: an increase in hours for salespersons licensing course from 45 to 75 hours, broker to 120 hours from 90, managers will be required to be associate brokers, age for broker 20, elimination of exemption from continuing ed if not licensed 15 years by that date. There has been no change in reciprocal licensing since the addition of PA a couple of years ago. For info regarding that check out PA Department of State website.... more