Congrats Lisa on your getting your license. now the real work begins. look for a company that mentoring available, help you obtain business cards , training, etc that is interested in launching YOUR real estate career. not to promote an Exit branch over any brokerage but we offer online, in person training & do both rentals and sales.
Look first for character. Are they people who want to do the right thing, not only in real estate but in other areas of their lives? Are they people who honor their commitments, or have they had a long string of various jobs, moves, marriages and real estate is just the latest? If they aren't employees, but people who you want to partner with, you have the right to ask them anything you want. If you intend to contract with them in any way, realize that the marriage is easy; it's the divorce that is hard and needs to be thoroughly covered in your agreement.
Before real estate, I managed a medical practice. Group dynamics was the hardest part of the job! Our best efforts to lay out our expectations and see if they matched the other members of the group were the hardest with young members of the group who hadn't yet figured out that there's more to life than the money. Consider some seasoned people, even if they are young in real estate.
In Tampa we have a variety of business models and many are flocking to the high payout model because nowadays most Realtors do not require a desk and only go into the office to meet a client or have a closing or attend an "optional" sales meeting. The agent has 100% control over incoming leads because they do not go to an agent who may be doing "floor time". Also with technology a contract can be written on the spot on a laptop or iPad and submitted electronically so no need to go "old school" and print out the contract and manually sign it.
Of course for a "rookie" this may not be the way to go but for experienced Realtors I don't see any benefit in giving a larger portion of each transaction to a Broker simply to have a desk.... more
I am an Architect/Builder located in Hialeah. I handle many of these conversions. Most of the time if you have the zoning an As-Built plan is all you need as long as the Electrical & Plumbing is decent. If you have exposed wired or the panel zaps you while hitting the breaker a ground wire will have to be installed.
I can be reached at 305-776-8921 or www.scavuzzoassoc.com... more
From my training, it seems pretty normal. As far as crime rate - you are deemed as the specialist. If you don't know the area well enough to determine if the neighborhood has LOW, AVERAGE, or HIGH crime rates - then reject the order to begin with.
Neighborhood data should take you a couple of minutes and can be obtained from your MLS stats area. Supply is determined by your search parameters or by the neighborhood/subdivision/tract stats. REOs are the same.... more
Great story Annette,
A friend of mine who will remain nameless told me a true story over a beer that inspired my question posed a few moments ago. How many properties do you show to a client?
His story told went like this. After a rigorous question period where the needs of the buyer was noted and careful attention to every detail was memorized the agent followed up with appointments to show the delightful couple the properties that they were after. After each showing the couple nodded in appreciation and made the same comment. We are not in a hurry to buy but when we find what we want we will know and we will surely buy.
Encouraged by the positive interaction the agent continued making appointment after appointments and was happy to show all he could. This must have gone on for several weeks. Our resourceful friend with time on his hands contacted the clients having found a property that was the exact match to the needs of this amicable clients. Price, Location, Floor plan, Elevation just everything. To his dismay the answer remained the same . We are not in a hurry and when we find it we will definitely buy it but this is NOT IT.
My resourceful friend not discouraged remarked. If you are not in a hurry I have one more property I would like to show you with your permission . It is in mind you a bit of a distance from Fort Lauderdale yet I would be glad to drive you there and show you for this unit I am confident it will definitely impress you.
They all agreed and the delightful couple climbed in the agents car and set out for a delightful trip .
After arriving to Adventura a distance of 30 miles from the starting point the agent politely dropped the delightful couple off at the entrance while he parked the car. He remembered that it started to rain. He did not want to get wet so he decided to go back to the office and get his umbrella leaving the delightful couple in Adventura . From what I understand the clients never called again so we never know if they ever found the right place. My friend however now packs an umbrella and is still showing properties.... more
If you are asking why should a buyer use only one agent to look for a home, there are many reasons that I can think that a buyer is better off finding a compatible agent and sticking with them. First of all, buyer's agent spends time interviewing the buyer to really find out what they are looking for and gain a good understanding of their needs and wants. It's important as well that a buyer should work with an agent that is familiar with the area they are interested in as well. That agent will be familiar with local zoning, land use changes, future development,local schools, etc. They will also be able to keep the buyer up to date on any new listings that come on the market that may be a fit for them.
The second question is an ethical question. I would never knowingly show property that a buyer had seen with another agent.
The third question. This is why, as the listing agent, the first question out of your mouth should be "are you currently working with another agent?" If I know a buyer is working with another agent, they can call that agent to see my listing. I don't care who sells my listing, as long as it sells.
Lisa Jones, GRI