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Agent2Agent in Fort Lauderdale : Real Estate Advice

  • All1K
  • Local Info113
  • Home Buying504
  • Home Selling45
  • Market Conditions58

Activity 49
Thu Apr 27, 2017
Diane Christner answered:
Unless you go to work for a builder, who may (or may not) offer a salary plus some sort of commission on sales, agents get paid by commission...period. It's a results based industry. You get paid after a successful closing.

Keep in mind that your broker will take a portion of your commission check earned for his/her share as well. You'll also need to set aside a portion of each check to pay your taxes -- income, social security & medicare. Remember, your broker does not contribute to the SS & medicare, it comes entirely out of your pocket.

You will also have to join the local MLS & pay local/state/national board dues in order to have access to the MLS data for agents.

Expect start up costs to run upwards of $2000. Then there are the ongoing expenses such as business cards, lockboxes, advertising, etc.

As a new agent, it is typical to go at least 2 or 3 months before you earn your first commission check.

Real estate can be a rewarding career, but you need to be aware of what to expect up front in the way of expenses. Approximately 80% of new agents leave the industry in a year or less. With good planning, you can become one of the 20% that make it.

Good luck with your new career.
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0 votes 1 answer Share Flag
Mon Oct 10, 2016
Jeremy answered:
Hey, this is Jeremy, CEO of BrokerSumo. We have an accounting product specifically designed for real estate agents. Similar to Quickbooks but designed for real estate agents it allows syncing of your bank account info, categorizing your income and expenses, transaction pipeline tracking, lead conversion tracking, accounting reports and more. You can find it at ... more
0 votes 22 answers Share Flag
Wed Sep 14, 2016
rcporto asked:
I have a LLC already, and this week I got my license as a Sale Associate. Can I use my LLC do receive my comissions or do I have to open a PA ( professional association)?
0 votes 0 Answers Share Flag
Sun Apr 3, 2016
Jacquie Yekmalian answered:
Hi Wilson,

I use Flex mls to do this.
When you set up your buyer in this system, simply go in under their name and check off what you showed them. They have a few icons to choose from, star, stop sign, and two other ones.

Hope that helps you
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0 votes 1 answer Share Flag
Wed Oct 15, 2014
Eduardo Acevedo answered:
Awesome question Jalana. This is how I do it.

1a) Have all the specifics of the commercial property recorded. Know everything you could know about the use, restriction and anything else you could think of about the Warehouse. You have to begin to ask yourself questions like * who would want to use this space? * what sort of businesses are in the area? * are there advantages with this warehouse? ** You've got to think like your potential buyer.
1b) Put a sign on the property.
2) Take photos of the warehouse and I also put together a short video walk through, heck you can use your phone. Be sure to get an aerial view of the property (Google Maps)
3) Once the photos, video and info are ready I'd through it up on all the social networking sites, including Linked In. Be sure to use the exact address the same each time and make sure your contact info is also always the same. Google looks for consistently in the information you gather and this well help. Use the video you took for YouTube.
4) Throw the property up on LoopNet (site designed for Commercial properties) I'd also throw it up on Craigslist and other classified sites. Also send a marketing piece to local business as well so they are aware of the property.
5) If you are willing to pay a co-broke on the warehouse get this information in front of every broker who has done commercial business of this sort before. You can do this a million ways. Mail Chimp may be a good option.
6) create a kick ass direct mail marketing piece and buy a data list of potential customers who could use this space. You can look for a ton of list brokers and you definitely want to look into EDDM as well.
I'm sure you already know all this stuff but heck I wanted to throw it out there for you. Remember with marketing consistence and clarity is the name of the game. You need to have an awesome USP and CTA.
Well if you'd like any more ideas or help, always happy to. Give me a call/text or email. 954-610-9112
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0 votes 2 answers Share Flag
Sun Sep 14, 2014
Myriam Hochman answered:
If you don't have another option due to time restrain, you will need to go online. However, on campus education always not only gives you the education but also relations and contacts that could be useful latter on on your career. ... more
0 votes 8 answers Share Flag
Tue Aug 12, 2014
Tammy Hayes answered:, City-Data and you can use a local Realtor.
0 votes 4 answers Share Flag
Fri Mar 21, 2014
Cathy Pierce answered:
I just signed up for the Mobile ads to try ad get more buyer agents. For seller leads I use and it is awesome! I like that they only allow 1 agent per neighborhood, give you listing packets and letters to send to follow up and have a money back guarantee! Imho it beats the heck out of anything else out there. Trulia has been ok for buyer leads for me so far. I've had two buyers close that I got from them over the last 6 months. IT paid for itself. ... more
0 votes 15 answers Share Flag
Sun Feb 2, 2014
Annett T. Block answered:
Kyle, if you are an agent and have no access to the properties because you have no Lockbox key or any other device to unlock the property contact the agent direct. Agents should not use the lack of a lock box key as excuse to deny you and your client access.

If the agents use the Board Listing Agreement they promise to assist the seller in selling their home even it that means give you direct access, driving to the property or leaving a key at the listing office for you to pick up so that you can show the property.

On top if they are a Realtor they would violate the Realtors Code of Ethics if they will not assist you with showing arrangements.

Any questions let me know,

Annett T. Block
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1 vote 11 answers Share Flag
Thu Dec 12, 2013
Gary Hitchcock answered:
I'd call Michal Bander at Guaranteed Rate, 954-684-9227. If he can't do their loan, I wouldn't waste time with them.
0 votes 4 answers Share Flag
Wed Oct 23, 2013
Stephen McRory answered:
Those who embrace socialism, who believe all successful people should be marginalized and brought down to the level of the lowest denominator, who only watch MSNBC, (I.e.the "Low Information" voters who can't even tell you who the VP of the US is) who believe these crushing and crippling Obama regulations are actually a good thing had better try and buy the house they want soon, because "Yes we can" is quickly becoming..."No You Can't!"

Watch this to get a taste of what's to come with their so called "Hope and Change!"

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1 vote 8 answers Share Flag
Wed Oct 16, 2013
Carmen Brodeur, JD answered:
Go with someone who speaks to you on both a business and a personal level. Culture is as important as any numbers in my experience.
0 votes 11 answers Share Flag
Sun Sep 22, 2013
Robert DiAlberto answered:
Update. the points are more stable for now. The market is hanging tough too.
0 votes 32 answers Share Flag
Sun Jun 16, 2013
Stephen McRory answered:
Mortgage Broker Responding...

If I were a seller, I too would list only accepting conventional. We all know there is an avalanche of buyers, so why not only deal with the cream of the crop buyers?

I personally look forward to the day FHA is once again "DE-THROWNED" and marginalized with the re-emergence of:

100% No PMI

80/20 (100%) No PMI

NO DOC, 80/20 (100%) hybrid-Option Arms with a 1.00% minimum start rate ........JUST JOKING ON THIS ONE! LOL

However, if used the right way, by a borrower who is not a complete financial numbskull, this program was be a very effective financing tool in an appreciating market.


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0 votes 21 answers Share Flag
Sat Jun 15, 2013
Yanoska Diaz answered:
I know I had a great answer but got distracted with good-cheap, fast-good, fast-cheap, that's only 3 options, hum.
0 votes 6 answers Share Flag
Fri May 17, 2013
Chad Gray answered:
Trulia Fort Lauderdale,

Here is a link to learn more about antitrust laws in the United States: The information is provided by the Federal Trade Commission and should help you to understand why your question is inappropriate.

Chad Gray PA | Realtor
Luxury Living Fort Lauderdale
(at Coldwell Banker Residential Real Estate)

100% of clients rated our service as "EXCELLENT"!

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1 vote 8 answers Share Flag
Mon Feb 18, 2013
River Rock answered:
A professional property manager will investigate every aspect of each applicant's background. Their expertise in knowing how to read credit reports, and how to catch potential red flags is an imperative skill needed to ensuring your investment is profitable. ... more
0 votes 8 answers Share Flag
Mon Feb 18, 2013
Chad Gray answered:
Alison at Trulia,

Your best bet is to check with your local Realtor board to see if a real estate agent can work for two brokerages in your area.

Best of luck,

Chad Gray PA | Realtor
Luxury Living Fort Lauderdale
Coldwell Banker Residential Real Estate

100% of clients rated our service as "EXCELLENT"!

... more
0 votes 6 answers Share Flag
Sat Feb 16, 2013
allan erps,ABR,SFR answered:
Dealing with unreasonable demands of Buyers/Sellers

Making enough time for my family

Adapting to the everpresent Social Media


My next check(lol)
1 vote 6 answers Share Flag
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