Eric, best wishes to you if you do move forward and become a Realtor.
I am encouraged that you chose a Best Answer that offered you solid and worthwhile advice.
By dong so, imo, you have already shown a desire to elevate yourself to a higher level, and that's what this business needs to improve our image with the public !
ps Jim, unless I am misunderstanding what you said.........I am sure you mean well, but advising a future agent to hold simultaneous/multiple open houses, and have the SELLERS sitting there as you run from one to the other is terrible "advice" , and just plain wrong.
Yes, you will "stand out" - you will stand out as an agent who isn't covering their own open houses, and left the owners in charge!
If an agent needs to schedule multiple open houses on the same day, for whatever reason, you need to have another agent covering for you.
Sellers are hiring YOU to oversee all aspects of their home's marketing. It's not their responsibility to sit on their own open house...and it's not even good business.... more
Know a good canadate for AA in Ft Worth?Our company is looking for a AA in our Fort Worth office. It is 30 hours a week, 9-4 Monday â€“Friday. If you know anyone you think would be good canadate please encourage them to
Sheree, as a loan officer, I enjoy answering questions here. I've been able to personally help a dozen people and closed on 3 loans (2 in FL and 1 in GA). The latest was a loan in Miami. I used Trulia to find a Realtor to help my client and a Realtor from GA responded. She then referred me to a Realtor in Miami. It was a $250,000 sales price. The Realtor in GA got a 40% referral fee. Not too shabby considering the Realtor in Miami did all the work.
What I'm getting at is that it's important to network not just in your area or state but around the country. If you make contacts here or anywhere else, it gives you more power to refer business out and receive referals from others.
I've learned a lot from this site, not just from Realtors but from other loan officers and home owner's. There's a load of free information here and it will help you be more fluid in your conversation when talking to prospects.
There has been so much misinformation about mineral rights and the Barnett Shale. As the pace of leasing and drilling has accelerated over the past few years it has become easier to answer many of the questions. Once the monthly checks start arriving it will become a lot clearer what the real value of owning your mineral rights actually is.
Most sellers are retaining their mineral rights if they own them... as they should. When my buyers object to this I ask them 2 questions: first, " Wouldn't you want to retain the mineral rights if YOU were selling your property?" and "What if we discover that the seller doesn't even have mineral rights?... would you change your mind about wanting the property?"
On a typical quarter-acre lot in Fort Worth the up-front bonus has gotten up to around $4,000, with monthly royalties coming in between $50 and $150. If you were to invest that income over the expected 30-year production term you would wind up with well over $100,000. So, you can easily understand why people are generally not just throwing this asset in with the home purchase.... more