Agent2Agent—questions & answers, advice and opinions page 66

Can one hope to break the barriers of limiting possibilities?
2011 WILL be a year of overcoming. My goal for the 2010 Turkey Trot was to achieve a sub 9 minute average pace. I can still remember debilitating knee pain & finishing my first mile in a gasping…
How can a buyer get his Realtor to go above & beyond for her?
I know, I know, you go "above and beyond" for All your clients and, you have no favorite children either. Hypothetically then, aside from $money$ / making a huge commission off a million dollar…
Any ideas on how to create a Black Friday for real estate? The fact that some stores open at 3am shows how the public enjoys all the hype and deals.
Have you ever created a marketing event that really generated a lot of traffic to you, your website or one of your listings? Would you do it again? Would it work in our current market?
If someone refers a listing to me and their comm. is 25% of my split do they get to collect an addl 25% from the buyers side if I bring the buyer in?
I accepted a listing referral for 25%of my comm. split. They are stating they are entitled to an add'l 25% of the buyer's side if I bring the buyer to the table. I thought a referral was based…
Lead Certification
A former client needs a lead certification and I'm not sure where exactly one acquires such a thing. All these years and this is the first experience of anyone needing one. Any advise that I can…
How does the foreclosure process work on time shares? Does it effect your credit the same way as a home foreclosure?
I have a client who bought a time share in Florida and hasn't paid on it for a few months. The entity is offering her a "deed in lieu". If this where a home, I know the credit hit is the…
How much do you charge to manage a triple decker in Somerville, MA?
Management includes: - Service calls from tenant. 24x7 - Regular checks on property. (Specify how often you check) - Finding good tenants. (Background check, employment, etc.) - Providing access…
Should a Realtor be a Jack(Jill)-of-All-Ttrades?
I am finding that in this tough economy, a lot of us are having a tough time getting buyers or listings! Should a Realtor/Real Estate Agent also be a Mortgage Broker, an Appraisor, part of an Escrow company,…
To Feng Shui or Not to Feng Shui...
Ok, to get a bit personal, I am a Buddhist, and I try very hard to commit to my chosen path of enlightment-- which encourages its followers to (ultimately) eschew all things materials. That said, I'm…
Are ther any real estate agents out their that might be willing to share what is working for them to attract new buyers?
I did a open house in my neighborhood, but i did it at a yard sale down the street and I met about 40 people and showed it three times,whitch is three better than if I was at the house.
What do you do when your client wants to try a loan modification?
In my opinion, it is better to be a 'trusted advisor' than just a listing agent. So, when my clients want to discuss loan modification, I do my best to steer them in the right direction, first…
Real Estate Champions' "The Success Trio" CD's. Fact or Fiction?
Has anyone used the "education" CD program, "The Success Trio", from the coaching company, "Real Estate Champions"? I am a sucker for these CD systems (I know, I need an…
I'm 62... should I pay off my mortgage or refinance it? It's 5.5% and has a balloon in 3 years. At which time I'll need to refinance
or pay it off. I have more than enough to pay it off now.... It's making less than 1% interest income in a money market fund. I just don't know if it's better to keep my money liquid or…
What is your opinion of the Truia writers who simply post RIS media articles?
They appear to make no effort whatsoever in introducing the article or demonstrating that they even read it themselves. Would you even consider commenting on such lame efforts of a writer even if the topic…
Upgrading listing signs: flyer boxes, property url, SMS rider, QR code... what is working for you?
So it is time to upgrade my signs. I have a pretty straight forward set-up now http://goo.gl/tigS2, http://goo.gl/bSPaS. Looking for feedback regarding flyer boxes, property url, SMS rider, QR code...…
So you sell mostly foreclosures, how do you manage the inventory and activities?
In talking with a few Realtor friends here locally, a few are telling me that the name of today's game is FORECLOSURES (or REO's), but without going into all the logistics, it would seem that…
How much do you charge to manage a triple decker in Lynn, MA?
Management includes: - Service calls from tenant. 24x7 - Regular checks on property. (Specify how often you check) - Finding good tenants. (Background check, employment, etc.) - Providing access…
Who is the best broker to work for in Manhattan?
I'm currently interviewing with a couple of companies in Manhattan, and would like to know what professionals think. I'm planing to work in the rental market as a Sales Person. The typical questions…
Need help getting professional MLS data on several properties in Dunedin, FL... We're from out of state, don't have access to the Florida
MLS. A friend is trying to refi her FL home, and is in the middle of disputing the appraisal. Her lender asked her to provide MLS property descriptions on several comparable properties, to back up her…
I have 3 listings in an absolutely gorgeous, upscale 55 development that's only 3-7 years old. Most don't even know this enclave exists.
Any tips? These are Pulte built homes, with square footage from 1,600 to over 4000 square feet. Each has unique construction qualities, and great features. I advertise on numerous websites, 55 publications,…
Realtors, what's the Best way to transform Internet Leads into Sales?
Also, in your area what are your results in getting web site leads to become buyers / sellers? Statistics?
Hi All! I am a prolific "thumbs up" clicker for many of you. My question is Do you give the thumbs up to other agents?
When I read a great answer, that mimics one I might write, I feel compelled to reward the agent. Is this naive of me?
How was your Open House guest volume today?
To agents who hosted an Open House today, how did you do? Mine was sparsely attended in spite of aggressive advertising and sign placement.
Where do you see the market going in the next six months in the 94806 area?
I have a couple of clients who earlier this year were anxious about selling a house. However, after showing them how the market cooled off and the prices adjusted downwards, they decided to do something…
Has anyone else had trouble with RECR (Real Estate Client Referrals)
They charged me for a year of "leads" and than said that I wasn't in their system. I've been hounding for a refund and after months of doing so they gave me a partial refund. Any…
Why do a lot of mortgage companies constantly try to cut commission?
3 out of 5 shorts sales we work with constantly try and cut our commissions, tell us that we should put in part of our commission to help close the deal? It's hard enough on Realtors, and the homeowner…
Which CRM (client relationship management system) do you like best?
I know people always talke about Top Producer. I've read that Wise Agent may be good. Has anyone heard of IXACT Contact? What CRM's would my fellow agents recommend? Thanks so much, Christine
Do you think you the educational requirements to be a Real Estate Agent or Realtor should be raised? How can Realtors bring respect to our Industry?
I ask this because there are so many Agents & Brokers who seem incompetent. I see mistakes (& violations) on the MLS all the time and I see so many typos in advertisement & Agent websites.…
What site is more user friendly FMLS or GA MLS? And which site is more helpful in your day to day business activities?
I personally find GA MLS annoying to navigate. But, what does everyone else think?
How do you go about educating homeowners who are in distress?
Do you door knock, hold seminars or webinars or mail them a letter? Which have you found to be the best way to connect with the homeowner?
Do you know your sales volume off the top of your head?
I went on a date with an agent from about 15 miles south of me. Nice enough girl. Like all agents, she eventually got around to talking shop (yechhhhhhh, no more dating agents). She asked me: "So,…
What makes you truly happy? What gives you deeply gratifying soulful fulfillment? What is your definition of success?
Today Success Magazine asked these questions, so I decided to answer them myself and to ask you for your answer as well. My home makes me truly happy! I am a happy introvert! I am happiest when I…
Is anyone finding it difficult for their clients to get a mortgage in Pompton Lakes because of the plume?
A neighbor of a client told him that they tried to refinance their mortgage through Bank of America and at the end of the application the bank said they wouldn't write new mortgages for Pompton Lakes…
Need insight on Maplewood from agents who know the area. Have family members who are considering the town and I know nothing about it.
Newly married, planning on staying a while and starting a family so neighborhoods, schools, surrounding areas are important to them. Also looking in Fanwood, Scotch Plains, Westfield, Cranford and Clark…
Have you used a WordPress plug-in for a user friend & SEO friendly interface of MLS listings?
I'm using the MLS PIN VOW and it is terrible from a SEO and user friendliness perspective. Which WordPress plug-in are you using? What are the related costs? How is the customer feedback?
If I am selling owner-financed homes in Texas, can I give mortgage brokers a referral fee for sending me people who did not qualify for a mortgage?
I have some homes I'm thinking of selling owner-financed. Can I pay a mortgage broker for people they send to me who can't get traditional financing? I was thinking something like $500 per house…
SBA LOANS: Short Sale Mitgation...can it be done?
Any experience out there with a mitigation of an SBA loan/? Crazy lender (Wachovia) secured a $760K SBA loan against an investment property 3 years ago as a 3rd mortgage. Yes, truth is stranger than…
THE NEW INTERNET BUSINESS PARADIGM: Are you doing the work and paying for it?
Over the past couple of years I have noticed a new paradigm of internet business practices that promise: MORE LEADS, MORE MONEY, MORE LOVE etc. So you listen to their spiel, go to the webinar; get the…
Are you a "specialist" or a "generalist" with regard to the RE services you offer?
For years, agents have used the advertising line "see me for all your real estate needs." Yet, textbook guidance on advertising has always been that the most effective message features expertise…
What kind of lead management program do you use?
What kind of lead management program do you use? Any recommendations? Any feedback and tips will be appreciated.
Short sale listings that become rent-to-own, how are buyer agents getting paid?
Finding short sale listings willing to consider rent-to-own contracts is becoming a common buyer strategy in my neck of the woods. When the numbers work for the homeowner, it's a great way to get…
AGENTS: In your experience what has been the LOWEST purchase price you have seen APPROVED regarding Short Sales?
Are servcing lenders putting a bottom on the amount they will mitigate? Thank you for contacting us, we appreciate the opportunity to serve you. Mike Luzzo Top Value Group ...your HOME to the Top…
Why do we dance around the reality of a listing when we have a seller with unrealistic views?
Folks I am not jaded, just wanting to break the cycle of "buying the listing" do we do any favors to our clients by this practice? Is it that hard to walk away?
Ok, explain to me why this won't work: To solve our crisis, the govt. should work with banks and allow the banks to write off 50% of every?
mortgage. Doesn't matter if its in default, behind, in good standing, etc. Let's just knock off half of everyone's home debt. Some will say, ARE YOU NUTS?!! That's like a GADZILLION…
Why can't the "big" box lender's approve "FLIP" properties without jumping through 2 appraisals and hoops?
Many investor's are right at the 20% mark. (FHA guidelines which are the majority of the buyers in our area) If the comp's substantiate the offer, why is it so difficult to get offer's…
Do you think the pre-foreclosure data is helpful or misleading to consumers?
Just yesterday I received a call from a consumer who was drawn in by a pre-foreclosure opportunity in Warren for $50,000! The upside was that the buyer did establish contact but the downside is that her…
I'm not give my house away?
So many Sellers have said when we've asked to lower the price, I'm not going to give it away. Unfortunitly many Sellers bought in the higher priced market or refinanced, got equity lines etc,…
What other ways are you using to market your properties for sale besides the internet.?
What is getting you the most return for your dollars spent? What do you recommend if you have a limited budget. Thank you in advance
Where is the best place to create a website with more ADVANCED or MORE SEARCH CRITERIA ie. One STOREY (very important), _ bdrms, _ba etc. I find
that Point2 is very limited on their search criteria and I lost a client because client kept getting a TWO STOREY listings instead on ONE. Any ideas?
Is being a Realtor easy money?
All you have to do is push some papers and you make a commission check for $15 grand or more. Anyone can do that. A couple hours work for thousands. Realtors have the cushiest job around!
What will be the biggest contributing factor in turning our housing market around?
Now that America has spoken and the elections are over, what do you think the biggest factor will be for the housing market recovery? Jobs? Spending? Tax cuts? What will the new congress need to do…
Is it worth getting a CA real estate license in the current San Diego market? I lam well aware of upfront costs and the importance of leads.
I recently relocated from FL and do not know many people. Also, I will need to generate income within 60 days and am well aware that I will need to be mentored/educated in the art of developing leads.…
Suggestions to increase leads for sales
I've tried framing, FSBO, Expires wearing the badge where ever I go etc. I want to try the magnet on the car door, please let me knowwhat effect it could have.
What kind of questions will be on the CA Real Estate Exam?
As the question says, will they be focused more towards any single point? i.e. core ethics, laws, scenario questions? And what kind of math can I expect to see on the exam? I'm taking my exam the…
trouble buying due to being out of bankrupsy 2 yr. advantage and where lease to own 4 blocks or less from carolina beach
Have credit score 606. own house and car. payed off bankrupsy 2 yr early. having trouble getting loan. we only wanted 100,000 for a house. very hard. can anyone help getting us close to carolina beach…
My friend is expanding his Title & Escrow Company to Central-South OC and North San Diego. He's looking for a good escrow manager to help...
My friend is expanding his Title & Escrow Company to Central-South OC and North San Diego. He's looking for a good escrow manager to help run his expansion. Any one know of any out of work or…
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