Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Agent2Agent in New Mexico : Real Estate Advice

  • All51
  • Local Info7
  • Home Buying23
  • Home Selling7
  • Market Conditions2

Activity 15
Thu May 4, 2017
Ivona Nicklin asked:
Thu Apr 30, 2015
Dan Tabit answered:
Yes, I've put a link to it below. You must include your license number to be recognized.
0 votes 2 answers Share Flag
Wed Apr 23, 2014
KWCareers answered:
That is a great question David. I think you know it's time to hire someone on your team, when you don't have enough time to consistently add NEW business and service your existing business. This a great resource for any agent that is considering building a real estate team. Here are some of KW's agents who run the top teams in our company sharing their proven strategies and tips on building a real estate team: ... more
0 votes 4 answers Share Flag
Thu Mar 13, 2014
Steve Quintana asked:
1. Empty but mildly dirty home.
2. Small yard with leaves and trash.
3. Carpets need cleaning.

West side of Albuquerque, Ventana Ranch
0 votes 0 Answers Share Flag
Sun Jan 13, 2013
Steve Quintana answered:
A bank is unlikely to state they will not pursue a deficiency because that is a unilateral promise without consideration is therefore unenforceable. The bank cannot give the borrower an enforceable promise without consideration, i.e. something in return.

As to the income tax liability for the amount of the deficiency, the federal Mortgage Debt Forgiveness Act has been extended through 2013. This protects many short sellers from paying tax on the deficiency.
... more
0 votes 4 answers Share Flag
Fri Aug 3, 2012
Ann Brice answered:
HUD pays a commission unless something has changed recently. HUD has their own offer form and in it you have to specify how much commission you want and you have to calculate and state in the offer what HUD would net after paying the commission. You could ask for up to 5% commission. For example, if you said you were bidding $100,000 and wanted a 5% commission, the net to HUD was $95,000. If you asked for a 3% commission, the net to HUD would be $97,000. Obviously, the amount of commission you demand affects the net result and therefore the competitiveness of the offer. (One of my clients picked up on this and I had to negotiate with him, the commission that I submitted. ) You can also ask for closing costs in the offer, but again this is deducted from the offer price and affects the net price to HUD.

HUD pays the commission so I don't see how this is different from a typical MLS sale from the lender's perspective. I think you need to talk to more lenders and maybe research the HUD site to understand the process more:. Here is a link to a document on the bid process:
... more
0 votes 14 answers Share Flag
Thu Dec 22, 2011
Tony Olmi answered:
Who disallowes you? There are many, many brokers statewide who do BPOs.
0 votes 1 answer Share Flag
Mon Jan 31, 2011
Scott Miller answered:
This property is about 1 mile from my office! It is a vacant lot, approximately 2.2 acres, on a cul-de-sac street!
I would be happy to assist in selling it, if you decide to list it!
Scott Miller
Pinnacle Real Estate & Dev. Inc.
931 Highway 48
Alto, NM, 88312
... more
0 votes 1 answer Share Flag
Tue Mar 16, 2010
Erica Ramus, MRE answered:
Only you can answer that question. BEST is a subjective term.

Look around and interview SEVERAL places. Where do you feel comfortable? Do you like the broker and the office atmosphere? Interview a few then go with your gut reaction. ... more
0 votes 5 answers Share Flag
Sat Feb 21, 2009
Catherine "Cathy" Chaudemanche answered:
Ania, you are right on...


Top Producer is a preferred vendor for KW. Top Producer has an option for KW agents. It does the touches from Gary K. automatically for you!!!!!
All you have to do is set the specific action plan that you want to a prospect email address and Top Producer will automatically send emails for you to your prospect and remind you when you have to call that prospect. The Keller Williams option in Top Producer is exactly what you are looking for if you are serious about following Gary's approach.
I pay about $130/month but as Hugo mentioned, they have a larger product base and I use most of them (Top Producer 8i, Top Producer website, Market Snapshot, Top Connector...).
The basic Top Producer 8i is the web application you need. Not sure about the price for this only, may be around $30 (check on their site).

Hugo is right; Outlook is great as mail software but is not designed for the real estate industry. It might be much cheaper but is not an option for your business needs anyway
... more
0 votes 8 answers Share Flag
Thu Aug 14, 2008
Rosario asked:
who need help with buyers i pre-aprove customers on 1 day
0 votes 0 Answers Share Flag
Wed Jun 18, 2008
Michael answered:
I am looking for an investor to purchase my parents house in NE San Antonio. They are retired military and are purchasing a new home in NW San Antonio. They would like to get 110,000 for it. It is Bexar County apraised at 125,000 with 1975 sq ft but it is actually right at 3,000 sq ft (remodeled) with a 35,000 gallon in ground pool. It is within 1/4 mile of Windrest (future HQ of Rackspace). Email me at with any questions. 10,000 investment will probably yield you 40 -60,000 profit. ... more
0 votes 1 answer Share Flag
Thu May 1, 2008
None answered:
I agree with Kathy check out several agencies and see what they have to offfer you towards mentoring and training. I made the mistake of begining at a smaller agency that promised training. The training was go call your SOI (Sphere of Influence like friends and family) that was nice and all but I moved to New Mexico from out of State all my friends were other new agents. I switched to Coldwell Banker that had the best trainer and training department, also when I got to my office I had a Broker that was interested in mentoring me, not hoping I stay past my first 3 transactions.

I also woulld consider if this move is right for you? Real Estate is more of a lifestyle than a job. With long hours and few days off. Very little respect as you can see by some of the comments on this board. But it can also be rewarding when you help someone achieve the dream of owning there own home or selling their home for a great profit they can retire on.

Amy, I would not want to do anything else in the world than be a Realtor, good and bad, I love owning my own business and meeting great people I have worked with. If you do decide to become a Realtor I wish you success!
... more
0 votes 5 answers Share Flag
Search Advice