Unfortunately, this morning I am on the receiving end of a barrage of phone calls from realtors in my area code 407, calling for the owner of a property that I am not associated with. The number called is my business line and I am on the do not call list. I have just spoken with a rep at RedX and though she was helpful at blocking my number, yet cannot do anything about the agents who already have downloaded my number. She says that even though my number is on the DNC, they still provide the number and flag it as such, that it is up to the agents to decide to call. I am hopeful these calls end, but clearly the DNC list is there for a purpose and RedX should not be disseminating numbers on the DNC. So legally, I think would place the problem squarely at RedX.
So far this morning I have logged about 9 calls related to RedX. The local Lawyer Morgan and Morgan advertises that I can recoup $1500 per call in fines. That is $13,500 before I gave even had my coffee.
If the calls start again tomorrow morning. I will be calling Morgan and Morgan.... more
I have produced a system specific to the needs of a real estate agent looking for assistance with all of their Bookkeeping needs utilizing QuickBooks. The system contains a workbook, video training modules and a customized QuickBooks Company File. More information can be found on my website:
The purpose of having a managing broker is so that an agent can be managed, supervised and trained. For this the managing broker will collect a portion of your commissions, a desk fee, transaction fees or a combination of all of these. If you violate local rules or the law, your broker will be held responsible as much or even more than you.
The only way I'm aware that you can avoid having a managing broker is to become one. You can do this after being an agent for at least, then passing the state Broker's test.... more
No one could stay in business long with "pocket" listings to work with. Our business grows by having actual listings that help us promote our businesses and obtain more clients. Some agents "might" have one or two "possible home sales for the right buyer"type thing, but they are not the majority of anyone's business.... more
It's quite frustrating when your advice is not headed by your clients.It's expensive to replace a roof, which is likely the reason the sellers refuse. All you can do is price the property accordingly and disclose the defect to the potential buyers.... more
You might as well ask. The seller can always say no, or decide to pay credit instead of having it done. It sounds like a reasonable safety request, but you could check with an electrician to see if it's necessary. Either way, though, you might as well talk to the seller about what you're thinking. http://www.bertke.com/pages/services/... more
Procuring cause is the uninterrupted series of events caused by the broker resulting in the ultimate purchase of a property. The broker need not effect the ultimate closing because a Seller could simply side-step the broker by getting the Buyer to sign a purchase and sale agreement, cancelling the commission provisions of the PSA and closing without paying a commission. Unfair, unethical and is hapening all too often these days.
I've done it, for about 3 months. Sent out a little over 1000 letters and got 2 responses. Must say I like the setup and the system, but for the effort and time, I'm not sure the value is there for me. I've heard of people getting a much better response than myself. I did everything to the T in the training. Yellow envelope, hand written, and fancy stamps. Hope this helps someone.... more
It takes time to get going in this business, but the first place to look is with friends and family and former business associates who will refer you based upon their relationships with you. Marketing yourself is expensive but letting everyone know you are now in Real Estate is not. Many "new-bees" get going by helping a seasoned Realtor with Open Houses. You might be able to meet buyers without agents at the Open Houses.... more
Generally our clients understand that they are to disappear during an open house. If we ever had a situation where that message didn't get through, we would definitely ask them to leave. It wouldn't really be an open house with the owners hanging around.... more