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Agent2Agent in Newark : Real Estate Advice

  • All326
  • Local Info33
  • Home Buying131
  • Home Selling16
  • Market Conditions10

Activity 9
Thu Dec 1, 2016
Iris asked:
I took a 75 hour online course from New York. Would that be enough to take the New Jersey real estate exam?
0 votes 0 Answers Share Flag
Wed Jun 8, 2016
annette mullins asked:
I started in Oct 2015 and my mentor is not so good. I asked to go on listing appointments, or ouT w buyers, etc anything to learn more about the business. I want to know what I'm doing…
0 votes 0 Answers Share Flag
Thu Jul 16, 2015
thinz answered:
If you have questions regarding these Guidelines, please contact Jerry Anderson, by email at, or by phone at 202-402-3198, or contact the respective Project Manager at the Multifamily Hub/Program Center.

Good luck. Tom Hinz
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Thu Jan 26, 2012
Ibrahim Hughes asked:
Tue Apr 13, 2010
Eric Egeland answered:
As an REO listing agent, I would recommend submitting your highest & best offer when called for or from the start if it is competitively priced listing.

Depending on the Asset Manager, you may lose your credibility by playing around with your offer post highest & best. ... more
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Thu Jul 23, 2009
Monique S. Taylor answered:
Hey Jeanne!

I would be thrilled to assist your buyer in any way I can. Please contact me at 973 449 1146 to discuss. Be well.
0 votes 3 answers Share Flag
Fri Aug 22, 2008
Victor Kaminski answered:
Thanks Diane, you bring up some interesting points.

We are working on remodeling our commission structure plans now although they are very competitive. Although the numbers look similar to others of competition we make it easier for our agents to earn higher commissions faster by offering step ups in 2% inrements instead of staying at a low rate until you reach a high goal then finally jump up just before its about to reset. Which brings up another topic, for top producers we have plans that do not reset annually.

How does a sign on bonus work if your not getting salary, can you give a few examples and a typical sign on bonus amount?

1.) Advertising Dollars?
Is how much the company spends on advertising more important than where they spend? and if they do their research on what is actually working.

2.) Assistant Compensation Plans: What would you consider an attractive compensation plan

We don't charge any desk or office fees or charge for office leads, many brokerages are now charging 35% for office generated leads no matter what your current plan is. We give them at a straight 50% split

3.) What do you look for as being favorable in how up calls are handled?
4.) You speak of market share meaning you are only looking to work for large offices with many agents, these are typically the ones with the most market share?
5.) I noticed you didn't mension health insurance availability or other benefits or perks, they are of no interest to you? How about discounts from vendors and advertisers?

I appreciate all your views and feedback, its interesting to hear the thought process of an agent and what is most important to them.
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Sun Aug 17, 2008
Kenneth Verbeyst answered:
While disclosures are not required in NJ they are very common and realtors must disclose known defects (which may be exactly why the seller wants none involved) Tell him if he goes without an agent that his attorney must be very good as will the inspection company. Unfortunately as to value he may end up over paying unless he puts in an appraisal clause and advises lender he wants a very sound appraisal (not just asking for the contract price and justifying) ... more
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Tue Feb 12, 2008
Victor Kaminski answered:
There is really no magic bullet solution SEO search engine optimization of your site is important but unless your tech savvy enough to program your site probably wont be able to do that yourself.

A good option may be pay per click solutions from google, yahoo, overture or msn

I advise EXTREME CAUTION when using magic bullet instant traffic solution from companies that don't disclose how or where the traffic is coming from or how they build it. They may be using spam tactics, link masking or other techniques which once discovered by the search engines, they will penalize you and perhaps ban your site from them search engines all together making it next to impossible to get reinstated.

CAUTION.... build traffic by using a domain name, valuable unique content not syndicated across hundreds of other sites, unique fresh regularly updated content is king and is what will get your site the best ranking if you want your site up there for the long term and not just a few weeks. Also be sure not to use link sharing sites, that is frowned on by major search engines like google and others but many realtors use and some even pay for.

Quick traffic sites are like get rich quick schemes, they don't work and if they do you may get in trouble for it.
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