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Agent2Agent in Corona : Real Estate Advice

  • All536
  • Local Info36
  • Home Buying218
  • Home Selling16
  • Market Conditions17

Activity 5
Tue Sep 16, 2014
Annette Lawrence answered:
Based on what you have shared regarding your real estate business, it is most likely you will be returning to your day job in two years. Have you invested any effort in understanding the local real estate market and industry?

Let me ask you, who would open a business, say a store, without knowing what the store will sell, what the product will cost and from where it will come, who will buy, how much they can pay, where are these buyers located, the overhead expected, labor costs and lease and licencing fees?

In a short time you will be shouting, "I have my license. Now what?"
How would you assess the probable success of starting a business without a plan?
Without a clue?

Without a doubt, you are looking into the most dynamic industry on the face of the planet. 95% of those who enter NEVER make a living wage, and they will all say, "I worked my ass off, but the established agents would never let me get started." or 'the broker favored the old agents' or 'all they wanted me to do is sell to my friends, family and workmates," or "my broker never trained me," or 'they gave all the good stuff to other agents,' or.....well the excuses go on and on and on and on.

How much can you make in your first year?
It depends on who you fly with.
If you join an outfit that averages 2 transactions annually per agent, you make $12,000, much less than you can make at Home Depot.
If you join the outfit that averages 20 transaction annually per agent, you make $120,000, if you are teachable and wiling to follow directions, make a real commitment, and have unwavering fidelity to the commitments you make to yourself.

Read carefully what John from Palo Alto wrote. For those that have ears that hear.
... more
0 votes 18 answers Share Flag
Wed Jul 30, 2014
Mark Stacey answered:
Each mortgage service company has a short sale form to be filled out and submitted also your approval will come with a offer that currently will take about 45 days.
0 votes 7 answers Share Flag
Sun Apr 20, 2014
Don & Shirley Estep answered:
There is one at the top of Horsethief on Golden, It is one of the few with a pool, probably not for sale but if contacted, who knows if they may want to sell. This street is just one street south of Silver Stirrup Dr., and the name is Golden something, I can't remember the exact name but i used to live right behind it on Silver Stirrup. It is on the north side of the street in the middle of Sams Cutoff and the main feeder.- Hope this helps, Shirley Estep, Realtor with Jousting Real Estate located in Corona ... more
0 votes 2 answers Share Flag
Mon Sep 5, 2011
John Arendsen answered:
0 votes 10 answers Share Flag
Thu Jul 17, 2008
Patrick Sharples answered:
I am unaware of a 10% law, but I have heard that in many cases, the second has received a 10% payment from some type of insurance carrier if the home goes to foreclosure. I am not 100% sure of all of the details on it, but that is what I have been hearing for a couple of months and this is why many 2nds are not accepting the short sale and are forcing the porperty to go into foreclosure. ... more
0 votes 6 answers Share Flag
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