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Agent2Agent in District of Columbia : Real Estate Advice

  • All80
  • Local Info11
  • Home Buying38
  • Home Selling4
  • Market Conditions2

Activity 22
Tue May 10, 2016
Bruno Tarquinii answered:
Hi Kelly,

I actually started with ReMax when I first began my career which was great because I had an awesome mentor at the time who took me in on the team and showed me the inside outs of the business. Unfortunately he moved out of the country and then I did as well for military service. Now that I'm back, I would recommend Fairfax Realty to any agent. The desk fee is very low and the brokers are very much engaged and willing to assist.

All the very best!

Bruno
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0 votes 1 answer Share Flag
Sun Mar 27, 2016
Scott Godzyk answered:
Your brokerage should offer you those resources to get started. One GREAT way to promote yourself is Active Rain. I included a link below for a free account
0 votes 2 answers Share Flag
Tue Jan 12, 2016
Propcasa.com answered:
Their are few things Which you have to keep in your mind before becoming Successful Real Estate Agent:-
Good education about real estate and all other things
Get Licensed
Develop a Real Estate Agent Budget
choose the Right Real Estate Office location
Know Your Market & utilize the technology
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0 votes 4 answers Share Flag
Wed Sep 30, 2015
Amelia Robinette answered:
Either one, they're reciprocal so you only have to take the national test once and each state portion of the test. You can do both MD & VA classes online. You might as well get DC too, easier to get them all at once. You will have to take an in-person DC Fair Housing class - it's 4 hrs I think. ... more
0 votes 1 answer Share Flag
Sun Dec 15, 2013
Jamar Camper answered:
When you need financing for your condo Phil, please contact me: JC 2024213092
0 votes 5 answers Share Flag
Thu Nov 28, 2013
Tony Taylor answered:
I have several clients that may be interested. Is it possible to show the unit this weekend? Also, the slideshow does not work.
0 votes 2 answers Share Flag
Wed Jun 5, 2013
Phil Di Ruggiero answered:
I have experienced developers looking for deals - all cash and 1 weeks settlement of course - let me know if you have an extra property you can sell off or are aware of a distressed listign coming up.

Thanks-
Phil Di Ruggiero
Agent/Owner
GreenLine Real Estate
202.725.2250 - C
202.525.5236 - O
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0 votes 2 answers Share Flag
Sun Apr 14, 2013
Troy Patterson answered:
I think the general consensus here is to always work in the best interest of your clients. In many cases that means to continue working with those less professional. Many agents have the mindset that the transaction has to be adversarial. It doesn't always have to be. I find that if you come from a place where you think of yourselves as teaming up to make the transaction happen you can get pretty far. Many agents take it personally if there isa disagreement or different view point. Always leave the personal out of it whenever possible and you'll get pretty far. If they are yelling and screaming pull back and don't take it personally. They do it with everyone. Reframe the question or issue to remind the agent that your job is to protect your individual clients and hopefully they will do the same. ... more
0 votes 8 answers Share Flag
Sun Apr 7, 2013
Miekeba Jones answered:
Hi Trulia, the DC Metropolitan area is experiencing a high volume of overbidding.
0 votes 10 answers Share Flag
Sat Mar 30, 2013
Lise Howe answered:
Hi again Peter - I was the first one to answer and I suggested Keller Williams capital properties I am pleased to see my feelings are shared by other KW realtors on Trulia - that might tell you something that nearly 50 % of the responders in the first few hours are KW agents - says something about our being connected, Internet savvy, and enthusiastic about our company. If you are in DC on Wednesday you might stop by the office on 18 th St and sit in for an hour or two and catch some of BOLD - an exclusive training program offered by KW but open to other agents who want to take their business to the next level! Feel free to contact me at lise@lisehowe.com if you want more information! Welcome to a great career with wonderful people. ... more
1 vote 8 answers Share Flag
Thu Mar 28, 2013
Cristyle Egitto answered:
1. Look up a local Real Estate school for class schedules, pricing, etc. Most states have a state-approved class with requirements regarding content and hours.

Maryland Real Estate Commission: http://www.dllr.state.md.us
Virginia Real Estate Commission: http://www.dpor.virginia.gov/boards/real-estate/

If you have a Maryland or Virginia license, you can get your DC license via reciprocity.
More info: http://www.asisvcs.com/publications/pdf/090902.pdf

2. Depends on the state, but you usually have to have a certain amount of experience in real estate, attend Broker classes, and pass a state exam.

3. Google local firms and set up interviews to see if they are a good fit and what they have to offer.

You'll have larger groups like REMAX and smaller firms. See which you prefer. If you want the brand recognition and resources of a large firm or the flexibility or smaller atmosphere of a small firm.

Look at mentoring, training, lead generating, etc. Ask about desk fees, commission splits, leads, resources, office hours, etc.

4. Talk to friends or family, ask during your firm interviews, or see who stands out to you in your area. I picked my first firm because I hit it off great with the Broker in Charge, trusted him and liked the way he did business. It was a smaller firm, but with enough local presence to bring in leads and carry some weight. If you ask questions in your interview and don't feel like they're going to spend time showing you the ropes, you may want to look elsewhere. Real Estate is a business you really learn out in the real world, so you'll have questions and want to have people around you who consider you a part of the team and are willing to help in the beginning.

5. You have to live and breathe this job to be successful. You make sacrifices and work hard, but if you put in the work and pay your dues, you can make a lot of money and find financial freedom. You may also want to look at commercial and business real estate if you think residential may not be fulfilling to you. Real Estate is not an easy profession or a "get rich quick" business, but you can make of it what you want if you're willing to do what it takes to make it happen.

Good luck!
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1 vote 6 answers Share Flag
Wed Apr 25, 2012
. answered:
FHA is there to fill a need for certain borrowers. Nobody said you could dance without paying the fiddler.
0 votes 1 answer Share Flag
Fri Mar 16, 2012
Jo Soss answered:
Even though the process has become a little easier as time has gone by each file has a life all its own. I have only ever seen closing costs paid, never warranty or repairs.
0 votes 6 answers Share Flag
Thu Feb 16, 2012
Abu Musa answered:
If your client is able to afford regular mortgage there is nothing to be worried of, but if the buyer looking for FHA or VA loan then you need to dig through these information.Thank you. ... more
0 votes 1 answer Share Flag
Tue Jan 3, 2012
John Agim answered:
Hello Mahad,

Buying rehabs takes some skills on the part of whichever agent you ultimately choose. You will need an agent with strong skills in analyzing the value of the particular property in its as is condition, in addition to skills in estimating the cost of repairs, holding or carrying cost, acquisition cost, as well as selling costs. I might add here that it is imperative that the agent you choose completely understand your investment strategy, and by that I mean your exit strategy.

Please feel free to call me at 202-359-3312 if you have additional questions. I will be available for a free one hour consultation by 1:30 PM today 01/04/2012.

Good luck and make tons of cash rehabbing.
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0 votes 4 answers Share Flag
Tue Oct 4, 2011
Carolyn Thompson asked:
Who have you used successfully? Are there any you don't recommend?
0 votes 0 Answers Share Flag
Thu Apr 21, 2011
Graham Pruitt answered:
People buy on emotion! I LOVE this house, we have to have it.

Emotions drive the reasons...
-Hopes of one day owning.
-Annoyance with renting.
-Jealousy of friends who own nice houses.
-Etc.

They buy with emotion and then justify the purchase logically. Taxes, stability, equity, pride, appreciation.

If you can hit on emotion then you create a great buying atmosphere. Think about it, why do people stage houses? It get the emotions rolling baby!
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0 votes 8 answers Share Flag
Wed Nov 18, 2009
Gerald Seegars answered:
Great question. I am going to send this question to my ace mortgage loan officer at BOA for clarification.
0 votes 1 answer Share Flag
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