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Agent2Agent in Chicago : Real Estate Advice

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  • Local Info373
  • Home Buying1K
  • Home Selling265
  • Market Conditions100

Activity 197
Wed Jan 19, 2011
Catherine "Cathy" Chaudemanche answered:
Hi John,

I would be cautious in jumping in Sales.
As you know there is a reason why many agents are switching to doing Rentals and that is because sales are very very very sloooowww. Jumping into Sales at this time might not be the best ROI move...
Can you expend your market share in Rentals? Can you penetrate new cities? Can you expend your services ( Property Management, etc...)
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0 votes 2 answers Share Flag
Sun Oct 17, 2010
Cecelia Marlow answered:
Hello Fellow LO,
Yes HomePath Loans are not as profitable as some other loans, however, you can charge origination. If the seller is paying concessions your origination can be considered a seller paid fee. Hope that helps. ... more
0 votes 1 answer Share Flag
Thu Sep 30, 2010
William Chu answered:
Erika, I like to connect with you to learn what are your requirements for the Right Lender. Can you provide me a number to reach you?
0 votes 1 answer Share Flag
Thu Aug 19, 2010
Irene Jarosz answered:
Donald Madrzyk, at Shearer Warner in Northfield, IL. 847-309-9550 is his cell. Tell him Irene referred you. He is teriffic.
0 votes 2 answers Share Flag
Sat Jul 31, 2010
Jo Soss answered:
You need to continue to honor your contract who ever that is with. You also should contact an attorney. My son just went through this. He paid his rent to honor his contract until he knew when the foreclosure would take place he then paid up until the time minus his security deposit. Since that was one month rent he didn't pay the month prior to foreclosure. His landlord was MIA. The bank did make contact and asked for an early move out (renters have rights) He then was given monies to move via the bank that foreclosed. ... more
0 votes 7 answers Share Flag
Sat Jul 24, 2010
Najat Masri answered:
Sat Jul 24, 2010
Najat Masri asked:
0 votes 0 Answers Share Flag
Tue May 25, 2010
Brandon Schuppe answered:
Ron,

My website company is Advanced Access and they're out of California. I've had them for 2 years and I've had a pretty good experience with them.

I signed up for the IDX search right through them. From what I understand, you can only have a search on your website based on what your Broker signed up for. Advanced Access just updated their search page and it's pretty good.

When I registered with them they told me the same thing. That 97-98% of the companies in Northern Illinois have signed up for it. The big Coldwell Banker, on the north side is one who didn't agree to IDX.

VOW is much more expensive, compared to the lower cost of IDX and you're still getting 97% of the listings out there. My feeling is if the 3% don't want to participate, then to bad for them.

Go to my website and do a search and you can see if you want.

Good Luck
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0 votes 1 answer Share Flag
Tue Apr 6, 2010
Doris Barnett answered:
It depends on whether one is hiring to add to the office or hiring to help sell or buy. Some are the same some not. To sell-I want market knowledgeable for the office we can get them there you see my point?

Office: Affinity for Selling:
Good Communicator, Disaplined, Well organized, Self Directed, Works well under Pressure, MAintains composure,Copes well with rejection, Empathizes with customers and clients, Adaptable,
Have a Natural Affinity for Real Estate

Don't use your Real Estate License as a plan to fail.

Part of my recruiting package! Good luck on you mission! Try the real estate school I just got 13 prospects out of 22 today! If I hire 5 of them I am on track for my goals for June 1.
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0 votes 15 answers Share Flag
Tue Mar 23, 2010
Tonya Brobeck answered:
I've been wondering the same thing Michelle. I almost want to hyphenate until all my clients get familiar with my married name. That can make for one really long last name though lol. The important thing is your phone # really so I would change up your business cards, signs, etc as you can afford to do so. ... more
0 votes 8 answers Share Flag
Sun Mar 7, 2010
Nirmala Caraballo answered:
Thank you everyone for you prompt response. I have forwarded all you information to them and they will contact you at their convenience. They will be in the area in April.

Regards
Nirmala Caraballo ... more
0 votes 7 answers Share Flag
Sat Mar 6, 2010
Deborah Madey answered:
Hi,

Much of what is learned in training classes is quickly forgotten. That is particularly true for new agents, when everything they hear is new.

Pay close attention to how you foresee your working relationship to be with your broker and find out who will be your "go-to" person when you need help.

I started in a large company, which at the time had just launched a training program. I hear it's gotten better...but when I went ....I stretched my imagination to come up w/ something positive to say, and came up empty. I was assigned a mentor, who had no interest in being a mentor for anyone, as she was focused on her biz and her clients. My manager/broker was never available and gave me quick and poor answers.

I spent a lot of money on training programs.

Don't garner a false sense of security simply because it is a big company. It may not deliver. But, then again, it might be awesome.

Find out who will be your go-to person when you encounter questions. As you start to interact with clients, regardless of your classroom training, you will need someone in your corner.

Good luck.
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1 vote 16 answers Share Flag
Thu Feb 4, 2010
Mack McCoy answered:
Yeah, Andrea, I think it doesn't matter when we enter them anymore.

During the fast times, we'd worry about whether we had been perceived to have been on the market five days or seven - you wouldn't want to sign the paperwork on Sunday if you weren't ready to show until Thursday. "What's wrong with that house, it hasn't sold in five days," we'd fear.

Well, those days are gone. Buyers are now seeing houses, "This one's perfect," they'll say, "It's right up there at the top of our list."

I've thought for a long time that the public marketing remarks were for addressing the public directly, and the agent-only remarks had their purpose, as well.

So I think the only thing that's changed is that we don't care if we input it at 11pm "It'll waste a Day on Market" anymore.
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0 votes 5 answers Share Flag
Tue Feb 2, 2010
Gail Crosby answered:
I really like your service! It works well for me. Just today I scheduled a showing after Trulia contacted me about a buyer's inquiry on one of my listings.
Buyers love it too. My husband who is not a real estate agent as I am is constantly on the Trulia site looking at property.
Thank you, so much for your service! You are the best!
Gail Crosby
Sotheby's International Realty
Los Feliz, CA branch
... more
0 votes 22 answers Share Flag
Tue Feb 2, 2010
Voices Member answered:
Some great ideas below, I'd like to ad a few more.

The first would come down to the amount of money to pump into advertising but perhaps having some type of advertising in the O'Hare and Midway airports wouldn't hurt. Advertising on the Metra as well could be a good idea (probably better then the airport). Loads of people travel on the Metra from the burbs to the loop. For $99,000 I bet you could find quite a few people that would love to buy something at that price and be close to work.

Also, do some research on the big businesses around the area. Large companies like Boeing will always have employees who travel frequently from say Anaheim to Chicago on a monthly basis.
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Mon Feb 1, 2010
Steve Tennison answered:
0 votes 8 answers Share Flag
Thu Jan 21, 2010
Ben Faubert answered:
I've been a RE/MAX agent for the past 4+ years. As agents are changing brokerages and dropping like flies my business is good/great. I don't think it's who you work for it's how you work. ... more
1 vote 7 answers Share Flag
Thu Dec 31, 2009
John F. Matthews answered:
That last answer is good advice for some but as I tell agents who ask about that "Do want to be the conductor or the second fiddle?" Generally, when you are part of a large team the headliner gets all the glory (ex: The Sally Smith Team") and then your contacts become theirs.

I love to read too and I have read the last book, I would first suggest Dale Carnegie's "How to Win Friends and Influence People" and secondly Tom Hopkins "How to Master the Art of Selling". Caution you don't become successful reading or watching videos those are for ideas, you need to develop scripts, technique and practice, practice, practice!
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1 vote 7 answers Share Flag
Fri Dec 11, 2009
Americantowns answered:
Hi Lori,

Those are featured listings. You can easily add yours for a small monthly charge. You will then be able to post events, articles and be featured on our Chicago site including our real estate channel. More information can be found here: http://www.americantowns.com/il/chicago-real-estate

If you have any questions, please contact us info@americantowns.com

Best,
Ed
... more
0 votes 1 answer Share Flag
Mon Nov 30, 2009
CCC answered:
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