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Agent2Agent in Bellevue : Real Estate Advice

  • All138
  • Local Info19
  • Home Buying57
  • Home Selling6
  • Market Conditions7

Activity 7
Fri Jan 3, 2014
Shelly Hu answered:
0 votes 11 answers Share Flag
Sat Nov 16, 2013
Louis Wolfson answered:
Fees do vary from Re/max office to Re/max office. Fess also vary within an individual Re/Max office. I suggest you ask your Re/Max owner broker how their individual offices works.

As others have mentioned below, there is still the 5% on the sale of which 3 goes to your office and the 2% goes to the regional office.

Louis
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0 votes 13 answers Share Flag
Sat Nov 16, 2013
Louis Wolfson answered:
No one has to divulge what their profession is as a landlord.

A real estate agent does have to divulge that they are a real estate professional in the sale or purchase of a property (at least here in Massachusetts)

But if the seller is an attorney and representing themselves in the sale it would be obvious to the buyer / lessor if the seller name was the same as the lessor/seller.

If it were in a trust I could not say the legal obligation of such, but as stated above a lawyer at least in Massachusetts is also a licensed real estate broker and therefore should follow the prevalent laws.
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0 votes 2 answers Share Flag
Sat Nov 16, 2013
Louis Wolfson answered:
David I am surprise to hear that CB and many of the offices in your market charge you desk fees.

That sounds more like the Re/Max model, where the splits are in your favor. Even re/max or many of their office now do a split verse the monthly fees, some with caps other with no caps.

I'd be interested to hear if this is an isolated issue or one that is more prevalent in different markets throughout the country.
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0 votes 6 answers Share Flag
Sat Nov 16, 2013
Louis Wolfson answered:
To many it is not an issue to those it is, they wont buy it at any price.

The market will dictate the price to those that will have an interest in it. Price it accordingly and it will sell, which is no different than any other property. ... more
0 votes 14 answers Share Flag
Mon Jul 29, 2013
Annette Lawrence answered:
Rule #1. DO NOT USE BROKERAGE PROVIDED CRM.
Should you choose to leave, you will be attached by a tapered shank with a helical thread.
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Rule #2. Be aware, the greatest cost of a CRM is validatation and implementation. You did intend to test the system within the 30 trial period...right? Seriously, there are some CRM's that are simply too dangerous to use.
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Rule #3. KNow what your business requires. Bells and whistles and other shiny objects are time-holes that are the oppositie of productivity tools.
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IMPORANT;
Most CRM's will not support your busienss requirements of the coming years. There is undwerway a tectonic shift in the dimension of your business. The functions of the overwhelming providers of CRMs will NOT align well with your business requirements. You will find yourself retrofitting a legacy system to you business requirements that WILL change in the coming two years. If you perceive no change in your needs. then those 1998 CRMS will work just find.

Of those,
RealtyJuggler and WiseAgent (the one I use) should be amoung your first looks. I would recommend WiseAgent. (I receive no compensation from WiseAgent. But, if you mention my name I might get a bigger Christmas Card.)
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The learning curve is expectionally short. The quality of writing is EXCEPTONAL if you choose to leverage their fully editable and bilingual newsletter......and leverage as blog material source.
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If you only want to switch CRM one time in the coming ten years, and wish to actually find yourself squarely postioned the middle of the highway you must take, you should serioulsy consider paying more for SugarCRM or Hubspot.

Best of success,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
727.420.4041
http://RealEstateMadeEZ.us
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0 votes 7 answers Share Flag
Sat Jul 25, 2009
Annette Lawrence answered:
CAUTION: dangerous curves ahead
Be aware banks and management companies may have financial (reimbursement) incentives for trying to dictate the owner be delinquent. Delinquency is never a 'requirement' for a short sale.

My concern with this process is it places 'agents' in a position to negotiate contracts with a bank. Unless we are licensed in the practice of law we may be setting the stage for long lived consequences for the current and new owner and for the agent. Further, if you are representing an investor or citizen who intends to 'flip' the short sale you are engaging in bank fraud, which if pursued, can cloud the title of the property and tarnish everyone involved. I know...you gotta make a living so ignore the torpedoes!

You, a real estate agent, need to be working jointly with an attorney who specializes in real estate law and has the latitude to explore what will produce a beneficial outcome for the homeowner: 1. Foreclosure defense, 2. Loan Modification, 3. Refinance, 4. Short sale, 5. Deed-in-lieu, 6. Foreclosure, 7. Chapter 7 8. Chapter 13

As you are aware, you can not even discuss these options with your homeowner. Don't unknowingly place at risk your reputation and future. If you are located in Florida and need referral to great resources drop me a note.
Annette Lawrence
ReMax ACR Elite Group, Inc
727. 709. 1452
... more
0 votes 20 answers Share Flag
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