Agent2Agent—questions & answers, advice and opinions page 61

The New North Carolina Offer To Purchase to Purchase
Has your BIC or office manager prepared in advance for review and to educate everyone licensed your office on the new Standard Form 2-T coming January 1st? With so many brokers using Alternative 1 there…
Agent website suggestions - editing adding content etc
Just wondering if agents have any suggestions to increase lead capture from personal websites. I seem to be getting plenty of traffic but the rate of inquiries isn't what I expected.
Is the term "As-Is" for selling a property, the new loophole for avoiding "ALL" responsibilities for "known" property?
defects? Blatant conditions on properties, SO obvious, even if the seller NEVER lived there, are not being disclosed. Rubber stamps are even being made stating "Seller Will Not Sign" contracts…
What is your experience with the time frame of a short sale start to finish?
What is your experience with the time frame of a short sale start to finish? How many buyers typically pull out before you one to stay under an agreement and close?
Calling all Tekkies! How do I open a TVS file with Excel using Windows 7?
I used to be able to download data as TVS files from Garden State, then right click and choose "Open with Excel" and all the data would be neatly downloaded into an excel spreadsheet. Now I…
Have you seen a demo of the new NAR RPR website? What did you think? Does your MLS Participate? Have you actually USED it?
What was your experience? How did you/do you plan to get your MLS to sign on? Are there costs involved to the MLS? (We know it's free to realtors, what about the MLS?) I saw it yesterday and…
Do you work with assistants? Licensed? Unlicensed? How do you compensate them? What role do each of them play in your business model?
What are their responsibilities and duties? How has the model worked out for you? Do you recommend working with assistants to other realtors? Are they part of a team, or do they function more as 'personal…
Great Real Estate company to hang license in Myrtle Beach?
Just passed the real estate exam yesterday and looking for a great place to hang my license in Myrtle Beach, SC. Any suggestions?
Does the relevancy of our responses matter?
In the spirit of upholding the value of the content on Trulia and also the perception of the contributors, I encourage us all to check the dates of the original questions we answer and to respond in a…
I came across an investor who wanted a licensed broker for his deals. However, it was mostly "for show".
A group of investors needing to cut costs wanted to hire a broker for their "flip" properties (where they buy to re-sell after quick alterations or improvements). However, after looking over…
Is flat fee a better way to go?
I mostly represent buyers. am looking for ways to generate some listings. As I show homes, I see varying levels of service on the part of the listing agents. I am amazed that a seller would pay 2.5-3%…
What is your marketing plan for your real estate business going into this winter?
Just curious to get some ideas and feedback from other agents around the country. I know the winter season tends to be a little slower in the real estate business and with the current economy it could…
My listing was approve for a short sale by Wachovia. When we were so close to the approval date, I asked for an extension. Instead, the lender foreclo
My listing was approved for a short sale last Sept. until the 23rd of October. Last October 19, the buyer asked me to request for an extension,. The negotiatorasked me to send them the proof of funds,…
Any advice on signing up for REO Listings with HUD??
I am interested in signing up to list REOS with HUD and Fannie Mae. Is it worth my time or do they already have enough agents? Thanks!
Agents performing BPOs - which GPS system do you like best?
I'm considering purchasing one and would like something that can plot multiple addresses.
When doing a BPO, - seller concessions?
Where do you find information on the seller concession?
Relocation Question / Concern, please advise if you've had experience with Relo's
Hoping someone on here has had this issue and wondering if there is an option to the following scenario: About a month ago I was contacted direct from a buyer that is relocating from another state to…
I have a buyer who was trying to purchase a short sale and the approval expired. Now the seller refuses to sign the cancellation.
How do I get the buyer's earnest money back? They claim we stalled the escrow by not closing before the sale date and they are mad at he buyer. Buyer only had seven days from signed contact to foreclosure…
Can anyone recommend a real estate broker where you don't have to pay high monthly or yearly fees?
Since I am a new agent, I am looking for a real estate broker that has no or low fees. Please provide any information that will help me choose the right broker to work for and any other advise that you…
How do I find a rental for a client that has a low credit score?
I want to help someone that is moving out of area and has low credit score due to medical bills. Seems that no one will even consider them. Any tips?
Are people of retirement age able to sell their homes so they can move to retirement areas?
The flow of retirees coming to our area has been slow since the bubble burst.
A Dr., Lawyer & Realtor walk into a room, who has the most professional image?
Are we Realtors on par with Dr.s and lawyers in our own minds but 3rd class professionals in the eyes of the public? Has our image changed lately or remained the same?
Has anyone heard of AdviserRE?
This is a Realogy owned company that works w/ agents and companies to assist buyers? here is the link: http://www.advisorre.com/lifro/advisorre/index.aspx Would love to know if anyone has had any luck?…
Raveis Agents w/ personal website
I'm a Raveis agent and am in the process of building my own website. Are there any other Raveis agents out there that have done this? I'm curious if anyone else has used all that Raveis has to…
How long do you consider a referral? One year? Two years?
I am curious as to how long an agent to agent referral must be respected. I received a rental referral and the referring agent didn't want the commission because she knew the clients were going to…
How can I get commission from referrals?
I have a few prospects who are interested in home buying however I don't have a real estate license yet. How can I refer these people to an agent and make sure I get some of the commission if they…
A seller approached me today and said his HOA is FC on him for late and attorney fees of $6100
. Owes $200K on property - worth $100K. Not late on his mortgage. Tenant occupied. Negative cash flow per month $137 He asked what should he do? PAY WHAT HE OWES - SELL AS A SHORT - WALK AWAY WHAT…
I would like to know how much the taxes on this house were this year for 45 Gray Street?
How much were the taxes on the other houses on Gray Street?
What would you do if the other agent wouldn't even answer your questions or respond to them.? Frustrating!!
The listings agent told me I had no right to let my client in the house on Friday that recorded the previous Wednesday. Today is the 5th day and the agent still has not removed it from out local MLS. What…
I have had 2 emails today from couples who are moving here to Colorado and want me to recommend 3 - 4 lenders.
They are worded very similar. Is this a coincidence or scam of some sort? Anyone else received this?
Permits while re-piping, how important
Older home in the San Fernando valley of S.California with galvanized plumbing. How crucial is it to get permits from the city for a copper re-piping project? I am getting several estimates from licensed…
Our Arizona Regional Multi-Listing Service board is considering enacting a rule to fine REALTORs who access a lockbox unauthorized.
The agents who fail to call the listing agent prior to showing, if instructed to do so in the MLS showing instructions prior to accessing a lockbox, are possibly going to be receiving a $500 fine for this…
What you are you mailing this holidays?
Magnets, Magnet calendars, anything special???? If you have out of the box ideas please share.
Business Broker and Lease Commission question....
I have a tenant in SF who was approached by a business broker to sell his business to a potential buyer. Now this broker wants me, the landlord, to pay a lease commission to his company for this transaction.…
Remember to check log-in status when using shared office computer....
Just encountered a response to a question from an associate I've not seen on the site - I opened and found that the content was mine but the response was logged under her name. I'm quite sure…
How do you deal with buyer's agents who are careless? I have had two incidences in two seeks. One left the house unlocked and the doors wide
open. The other left the key in the door! Thank goodness there were two locks, a door lock and a deadbolt. She locked the door and let the key in the deadbolt, then put the door key back in the lockbox!…
Do Brokers and Agents ever engage in 'cross-brokerage' agreements?
Not sure what else to call them. But I'm an agent servicing Essex and Union counties in NJ. However, I came across a hot lead in Hudson county (next door) which has their own MLS. I'm wondering…
What's the best way to add a MLS map search to a website?
I have the IDX link, but it doesn't come with a map search. Any ideas of a good, cost-effective way to add a map for buyers to search the MLS?
NY AGENTS: In NY State, is a business broker required to have a real estate license? What if the business being sold does NOT include RE? THANK YOU!!
Can a NY real estate agent answer this questions for me asap? In my state of Florida, a business broker must hold a valid real estate sales license. In PA and NJ, a business broker does NOT need to be…
How do you think the bank foreclusure freezes will impact the market?
I know First American is moving forward now on 100,000 foreclosures , and it is expected that the other banks will follow suit, but I think that the media exposure may shy away investors. Just my thought...
Would you take a buyer to look at properties if they are not pre-qualified or pre-approved?
I am not been the devils advocate here I know we all done this at one time or another in our career. But right now I find getting my buyers qualified before finding a property the best way to help them…
Foreign Brokerage Referal.
I am looking to bring clients down from Canada and I want to work with a Brokerage in Florida, Boynton Beach / West Palm Beach areas, that will pay me a referral. I have checked with FREC and their opinion…
Condo Price
How much can this Condo be sold fast. There is a tenant currently occupying it. 3925 El Soneta PL, #3, Alexandria, VA 22309
Open house leads Versus Online leads
Up until about 4 months ago I was regularly doing open houses and getting quality leads for people that can actually get loans. Thru my online efforts the past 5 months or so I am noticing the quality…
Question...
I have a quick question. Do you see some of your investors pay full cash to purchase some REO under the market value but good turn key properties which will generate cash flow immediately then go to get…
How do we get the guy with a million fake profiles trying to sell everyone with an REO/Trashout question off of Trulia? I mean REALLY?
Spam is choking up Trulia. Do we have to eliminate these questions or what? The list he is trying to sell used to be $20 and now it's $80. No point in turning him in if he can create 10 more profiles…
Is it me... Or does it DRIVE YOU CRAZY when a Seller refuses your showing appointment, asking if you can make it tomorrow?
In this market...A Seller should be jumping up and down for joy someone wants to see their home, why risk upsetting the Buyer or Real Estate Agent by refusing a showing. They may never come back! ...…
Town website run by realtor.
I'm in the process of building a town website where I will also market myself (in a real estate tab) and was wondering if anyone knew of any other realtors out there that have done this. I'd…
what do you think about advising a seller to have a premarket inspection? What are the negatives?
Do the results need to be disclosed if they are corrected? Would you advise sharing it with perspective buyers? Would you mention at a pre-inspection was performed in the listing information? Thank…
Hi, my agent said we need to pay an additional 10k in cash but he wont include it in the contract. Is this legal? Where can I report him? Please help
My agent got this snippet from the selling agent : Purchase price $360K Cash contribution to 1st lender is $5,422 & 2st lender is $5,422 = $10,844. You buyer is getting $3,000 closing cost $3,000 $10…
Any recommendatiions for a good short sale negotiator?
I have a deal with a first and second mortgage with BofA. I am on the 4th buyer now and need someone to take BofA by the horns and push this one through. Any thoughts?
As a LO Im trying do do a homepath loan but cant see how to make money with all the hits to the yield, can i charge origination? will the seller pay?
I know seller pays closing cost, but will they cover origination fees and how much. I called fannie and was told to speak to my lender who does homepaths, they have never had on either, very strange.…
I am a California Licencsed Real estate Broker ,I have a client who is intrested in writing an offer on an
REOproperty in SDcounty i called to listing broker to find out if she was cooperating with other brokers the first question she asked me was am I a member of the local real estate board I am not she…
Are REO's aggressively negotiating their properties?
Back even a couple years ago, when an REO put up a house for sale at a set price, they would rarely negotiate much off of that price for the first month or so. Then, a price reduction would occur and…
Got this message on Trulia today, looks like a scam. Has anyone else received it?
Buy Rent Advice Mortgage Hi Chris Blasic Anne Na Waie found you on Trulia Voices and wanted to drop you a line: Message from: Anne Na Waie Dearest Chris Blasic Good day to you as I beleive…
Have you ever called or emailed a Realtor and never got a response?
Many times I call an agent to get additional information about a property, or to ask a question and after leaving a voice mail, I would never hear from him. There are certain agents who I have never been…
How do I transfer my Arizona Real Estate License to Texas?
Arizona Real Estate License to a Texas Real Estate License
REALTOR(R) safetly when showing houses: Are you scared?
There have been many recent attacks on real estate agents in the past few months involving kidnappings, murders, and rapes. Are you doing anything different when going to show REO homes or other vacant…
have you had your for sale listing get post on Craigs list for rent?
I have been getting calls for 2 days on a property I have for sale that is now showing up on Criag's list for rent. They are trying to get the people to send them money. I have tried for 2 days to…
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