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Agent2Agent in San Francisco County : Real Estate Advice

  • All139
  • Local Info9
  • Home Buying69
  • Home Selling5
  • Market Conditions2

Activity 94
Thu Jul 20, 2017
Reccityclothing answered:
Well first off you need to know and check the legitimacy of the lead. Considering the fact that you know the person is pre-qualified definitely ads a great deal of value to the lead. Are you using a company or an individual online marketer.

I've been in lead generation for years and we've ran numerous ads selling mortgage leads (both qualified and unqualified).

Clearly, you're new to purchasing leads... well at least qualified ones. That's just me making an assumption but since I am making that assumption I'm going to go ahead and provide you with some information. Qualified leads aren't always better then unqualified leads.

What's going to matter most is your system. You need to have a system of how you handle incoming leads. Are you going to have a team of sales reps answering phones. If so, are they going to be receiving inbound calls or outbound calls.

Are you going to nurture your leads on simply call and attempt to close them?
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0 votes 12 answers Share Flag
Wed Feb 8, 2017
Ran Chen asked:
Wed Sep 21, 2016
Susie Kay answered:
Tue Jul 5, 2016
Julie Reyes answered:
If you run into buyers with credit issues, take a look at it positively. These people are serious buyers and if they are able to clear up their credit glitches within a year, refer them to a mortgage agent who lends to people with insufficient credit (yes, there are such people out there). Stay in touch with both parties, and when situations improve, you could be on top of their list while looking to buy a property.
Good Luck!
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Sun Jul 3, 2016
Ryan Rudnick answered:
There isn't really a typical charge in SF as there aren't many rental agents. Most renters find properties on their own through sites like Zillow, Trulia or Craigslist. Some landlords hire agents to market/manage their rental properties in which case the price can be agreed upon between the landlord and agent based on a percentage or a flat fee. The same would be true of a renter hired an agent to help them find a rental, but agian, that is relatively rare here. ... more
0 votes 5 answers Share Flag
Sun Apr 3, 2016
Ryan Rudnick answered:
Kaplan is pretty well respected and has various options depending on what course you need and what license you're looking to obtain. They offer classroom courses in some areas as well which can definitely be beneficial for some. I agree with Derek that while you'll learn the laws and regulations surrounding real estate in your area, most of the courses don't prepare you for the day-to-day work and real life requirements of an agent - that's something you'll have to learn on the job or through training programs with your brokerage. For new agents, it can be a good idea to find a brokerage that will allow you to work with a more experienced mentor agent to get a lay of the land. ... more
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Mon Jun 22, 2015
deb1644 asked:
I'm a CPA/MBA, and have my own consulting business, too. I do not want to stop consulting, and larger brokers I spoke with both wanted me to sign on full time. I know I don't have…
0 votes 0 Answers Share Flag
Sat May 2, 2015
Gita Bantwal answered:
You should have the client talk to a CPA or the IRS. Never give advice on taxes unless you are an accountant .
1 vote 2 answers Share Flag
Wed Apr 29, 2015
Robert J. RAPP answered:
Had an open house from 1:00 to 4:00.
My client, god bless her, started getting ready at 12:00 noon, didn't get in the shower til 1:00, lost her keys, then had to feed her dogs, gather her belongings, then the phone rang. She left at 2:15 PM. I had to ask the first wave of people to return.
Needless to say, the vibe was killed at that first open house before it even started!
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Sun Nov 9, 2014
Randall Ortiz answered:
They overcharged me as well. I have the emailed confirmation from trulia stating what I was supposed to be charged and they are refusing to honor that, saying there was a glitch in their system, which is absolutely no fault of mine. I have sent in a complaint to there customer service, legal and also mailed it in, so we will see what happens. I didn't find out they overcharged me until I saw my credit card statement. It's amazing that they are refusing to honor the confirmation they sent to me. ... more
0 votes 6 answers Share Flag
Tue Oct 7, 2014
Polly Rathe answered:
I'm listing a family home in SF, I need a great TC! Please help. Thansk
1 vote 5 answers Share Flag
Sun Mar 30, 2014
Lovestinks31 asked:
Thu Mar 27, 2014
Kawain Payne answered:
Wed Mar 26, 2014
Bill Eckler answered:
As a new agent, it's always recommended to lean toward the agency that is truly committed to supporting their beginners. Too many agencies view their responsibility to newly acquired agents as a process of orienting them to their way of doing things.

Seek a company that values the importance of a good mentoring system. One that provides a real experience in all walks of the business and encourages you to take part in enjoying success.

Your initial focus is not allowing yourself to be one of the 75% that wash out during the first 4-5 years and indicate their problem was one of never having received the support they required. As previously mentioned, if you are not getting what you need you can always make an adjustment by changing agencies.

Best wishes,

... more
0 votes 9 answers Share Flag
Mon Mar 24, 2014
Yanoska Diaz answered:
Our MLS allows to search by agent's name, closed sales in the past 12 months or so, I advise you find an agent in San Francisco to provide you with FACTS, you can never rely on online information or "self promotion". ... more
0 votes 12 answers Share Flag
Fri Mar 21, 2014
Yanoska Diaz answered:
As real estate agents we have been given the option of changing brokerage firms as easy as a change of clothes, oh what a wonderful thing this is!
1 vote 21 answers Share Flag
Fri Mar 14, 2014
Yanoska Diaz answered:
For an established real estate agent, boutique vs franchise:

1. A higher commission split.
2. Attractive office in a very nice location.
3. Private office space.

An established/experience agent could be "technically challenged", make sure you provide support on new applications, software, etc. I find agents struggling with this issue everyday. ... more
0 votes 3 answers Share Flag
Thu Jan 9, 2014
Annette Lawrence answered:
"It isn't legal to give a non-licensee a fee for a referral"...
(there's a caveat to this that you need to explore with your broker)
Back on topic...
What do we pay Truila?
What do we pay Zillow?
What do we pay all those folks with there hands deep in our pockets?
What about those bird-doggers?
Relocation companies?
Some who market lead generation even want a percentage of the compensation!!!
None of them are professionals licensed in the State of Florida, but I bump into them every direction in which I turn! Some even track me down like a pack of mad dogs to get money for referrals...oh, they don't call them they?
Clearly, it is the structure of the relationship and the terminology in use that makes the difference.
(HINT: an agent would be well advised to reward generously for the behavior, not for the lead.)
If unable to identify an easy solution that is perfectly legal and ethical, this industry may be to complex for some.
In the example contained in the question, transparency works wonderfully.
"I wish I could discount my fee, but, as you know, your friend is collecting $$$$ for referring you to me. I'm sure your friend intends to RETURN THAT FEE to you as a house warming gift. But I'm not clear regarding your relationship."
Remember, you, the real estate professional, are not paying the fee for this type of remuneration, the home owner is!
The terminology is EVERYTHING!
(Hint: do you ever pay an admission fee to attend a event to hob-knob with the shakers and movers?)

Best of success,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
... more
1 vote 3 answers Share Flag
Wed Oct 30, 2013
Akil Walker answered:
i just obtained market leader myself. so far so good. J. Mario is just got to found what fits for you.

Best of luck
0 votes 4 answers Share Flag
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