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Agent2Agent in Cook County : Real Estate Advice

  • All32
  • Local Info2
  • Home Buying13
  • Home Selling5
  • Market Conditions0

Activity 235
Yesterday at 8:34pm
Shana miller answered:
My brokerage is in Chicago and it’s amazing! I started with no experience at all neither and they make sure there is no room for failure. I would love for you to meet my broker at EXIT Strategy Realty. His name is Nick Libert. Tell him Shana Miller sent you! ;-) ... more
0 votes 1 answer Share Flag
Wed Oct 18, 2017
April Y. Chang answered:
A very old discussion, 10 years ago! Like this question so much that I'd like to give my 2 cents.

My take is to go with your instinct. You are right on, if after all the effort you try to paint a realistic picture for the seller in the listing presentation, still not listening, then the seller doesn't want to sell regardless what he/she said. That's disingenuous. Yes, it's not worth the effort and you won't be able to help eventually, because it's almost impossible to get a buyer to pay for an overpriced property, the chance is slim. We are not talking about a little overpriced, I believe we are talking about WAY overpriced. It's like gambling, and the odds are not on seller's side. How many gambler wins overall, right? Do we want to be a part of it when we can find something more productive to work at?

Good point to have it in writing to get price reduced, set expectation in writing. However, I doubt that he may agree if he's 'hard-headed', you may not get his listing at all. He may just move on to another realtor who may agree to gamble with him, at the realtor's expenses. The bright side is, at least, you know from the the get-go, and you choose not to play his game.

Be honest, if it's yours, it will come back to you; call a spade a spade. There's no way, if he/she is 'hard-headed', from my experience, to 'persuade' him/her. Motivated sellers don't argue with agents given the right data/facts, it's an argument you may never win.

Sellers with this mindset don't need realtors, they can sell it on their own and eventually sell for less. FSBO sells 10% less than properties listed with realtors, in average, and this national data is trending up as we speak. Guess what, some sellers don't realize the value to have a good realtor on their side, and some may even think they know better, no, they don't, but in denial. Hey, if that makes them happy to not realize it, so be it. It's some sellers' choice, no offense. We as realtors have mission to go out to help those who sincerely would like to work with us and make sales happen.

Patti, you've given all you can, kudos to you trying to help him! We've all been there or run into one occasionally, we learn and we move on for good.

My short answer is to 'try' our best to present the market price, be prepared to walk away if we can't agreed on a realistic strategy, may as well put a clause to get reimbursement on marketing expenses spent. A motivated seller would agree to sign, if not, he/she knows it's not going to sell, why bother to get that listing that will expire?
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0 votes 41 answers Share Flag
Mon Sep 25, 2017
Kathy Burgreen answered:
Try calling some local brokerages and ask to speak with the Office Manager or Broker in Charge. Then ask this person if there are any experienced busy realtors who need an assistant.

What you need to know is realtors work on commission, so any assistants they hire means your get paid out of the realtor's pockets. Not all experienced busy realtors have the income to pay you. When I was a realtor, I knew of one broker who hired an assistant when she could afford to do so. That assistant worked on a temporary basis.
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Sun Aug 27, 2017
Scott Godzyk answered:
You should interview with a franchise and an independent, with a small and large company. Compare what they charge, what the pay and do they give leads. I think the best way to start is with a hands on broker who will teach you while doing instead of online classes. As well a team, already established, can give you quicker income that starting new. Then join Active Rain to promote your self, i put a free link below ... more
0 votes 1 answer Share Flag
Fri Jun 9, 2017
Sarahszalai asked:
I'm a SAHM and husband works long hours. I am ready to focus on my career and become a realtor. Our current budget with one income has no room to pay for a sitter and take courses at the…
0 votes 0 Answers Share Flag
Fri May 12, 2017
Scott Godzyk answered:
I have never heard of them. I do not pay for leads. I generate my own through my Active Rain Blog, i put a link below to sign up for free. By generating my own they are not shared, are not "old" and i only get them. After referrals, my blog is my leading source of new leads ... more
0 votes 1 answer Share Flag
Mon Apr 3, 2017
Scott Godzyk answered:
It is taxable if they paid you. You would have to ask your accountant what you can and cant deduct.
0 votes 1 answer Share Flag
Sun Jan 8, 2017
Scott Godzyk answered:
You have to pay for zip codes and it can be very costly for the quality of leads you get. I find the best way to get leads is through my Active Rain Blog, You can sign up for free using the link i put below. Write about what you can offer, service, todays rates, your area and find clients you dont have to share. For a lot less you can become a Rainer and really get some good leads by your own efforts. ... more
0 votes 1 answer Share Flag
Tue Dec 27, 2016
Karen Peyton answered:
Inquire with the state of Illinois about placing your license in an inactive status. You wouldn't be able to practice real estate or receive a referral fee, but if there are costs involved for "hanging," it's something you may want to consider.

Good luck!
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0 votes 3 answers Share Flag
Fri Dec 9, 2016
Scott Godzyk answered:
You need to find clients and the best way to attract them, is through self promotion. Start with a blog. Sign up for an Active Rain Blog, i put a free link below. Write about your area, what you offer, wrote about you. There is ample blogs you can read with blog writing ideas to get started. Then become a Rainer to get your blog exposure. My blog attracts a great deal of my new clients. When you get clients, do a good job and earn referals from them. You will then grow. ... more
0 votes 2 answers Share Flag
Fri Dec 9, 2016
Gramaci753 answered:
Always watch out for the tacos they always get you at taco bell!
1 vote 9 answers Share Flag
Fri Oct 7, 2016
Mike answered:
I would take a look at www.relaHQ.com -- they've got the best looking templates, really easy to set up, they look great on mobile and the price is pretty reasonable.
1 vote 7 answers Share Flag
Thu Sep 29, 2016
Tina M Bibergall asked:
Sat Sep 17, 2016
Elle Lee answered:
For me one big obvious time waster is when people call and say they want to look at a property within the next hour. We are based on the Big Island of Hawaii, so we get a lot of tourists that decide to look at property while they are here, they never have a pre-qual letter and sometimes the house hunting turns into "Hey, let's just drive by that beach I heard about while we are in the area..." The people who are willing to see houses tomorrow instead show me that they are somewhat serious at least and they are showing that they respect the time you are making for them. The ones that can only do it now are not that serious... ... more
0 votes 19 answers Share Flag
Fri Sep 9, 2016
Grobconnolly answered:
I don't know about a book, but I have a program that has really helped me generate more business. Check out https://www.Buzz4Agent.com. They connect you with real leads from your yard sign. It's a great way to leverage your listing and double end listings. ... more
0 votes 1 answer Share Flag
Wed Sep 7, 2016
Scott Godzyk answered:
I would visit a large company and a smaller independent company. See what they offer. Large franchise types will have more classes and online resources where smaller companies may have more hands on assistance than class time. Ask what they charge, what they pay and if they provide leads. Decide if you will go at it full time right from the start where you should have a large savings to pay for life until your sales start closing. No matter what type of agency you choose, large or small, you need to promote your self. One great way is through a free log at Active Rain. See my link below to see my example. Make your self stand out, know what your strengths are and promote them. Service sells. ... more
0 votes 3 answers Share Flag
Sat Aug 13, 2016
Daniel Adams answered:
Excellent training program works wonders if the agent that is being trained does what is necessary.
0 votes 14 answers Share Flag
Fri Aug 12, 2016
Psutor5 asked:
ing companies but was informed that my license would still be in an active status. I was told that if I resign. I would have until 2017 to make a decision. Any insight would be helpful.
0 votes 0 Answers Share Flag
Fri Jul 29, 2016
Paul answered:
Use InBedrock.com to help educate on all real costs of homeownership, including purchase price, improvements, title + HO insurance, RE taxes, mortgage financing options + after-tax implications, utility costs and eventual selling costs of 6% realtor commission + state transfer taxes. InBedrock.com provides in-depth, easy-to-understand analysis on financial decision of Buying v Renting v Investing in stocks. Find out actual # of years until break even on all costs of investing in a house vs renting. Get educated today with InBedrock.com before you make biggest investment of your lifetime. ... more
0 votes 9 answers Share Flag
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