Archive for November, 2009

Are there any websites that feature reviews/referrals of local realtors?

November 29, 2009 - 6:13 am 1 Comment

Looking to buy a home in the Fridley, MN area. I haven’t met anyone who is able to refer me to a good realtor who works that area. Are there any websites that former clients use to evaluate their experiences? Or can anyone recomend a good way to find a realtor without a direct referral from someone I know?

Realtor.com

I am looking for houses to buy on a land contract, is there a specific website, or do I go through a realtor?

November 29, 2009 - 6:13 am 4 Comments

I am trying to find a home to purchase, but dont know how to find owners willing to do a land contract. What about homes that are for sale by owner? Do I just call them and ask, or can I find listings?
If anyone knows of any homes they are willing to do a land contract in the Sheboygan WI area I would apreciate it. I would also consider rent to own also.

If you are looking for lease with option to purchase or rent to own, or for sale by owner they will be found in your local newspaper. You have to look for them.

Now as far as a realtor is concerned, most contract can be writen by those with a litte common sense. You need a date, the sales price, how much is to be placed down if anything, when the lease can be optioned and under what condition.

The reason that a person is selling the house on their own is because they don’t want to use a real estate agent.

Yes, once you find one of the above listed you must call them to check out the price, interest rate, location. a walk through to see if you like the place as well as the neighboorhood.

You might also look at rentals. Call them and ask if they are interested in a lease option or rent to own. Some or most will consider it.

Those houses you find for sale, inquire of the owner if they will consider a land contract or would they consider carrying the note/mortgage on the house? In other words, would the be the bank? Again some will consider the proposition.

So we want to ask

#1 Would you carry the mortgage for me

#2 Would you condsider a lease with an option to purchase, how much of the rent will be placed toward the down payment, what do I have to place down?

#3 Would you consider a rent to own, how much of the rent would be placed toward the down payment

#4 Would you consider a land contract.

Call all the For Sale By Owners you find in the newspapers. You might also ask other listings you find.

Do not sign a contract with a realtor or real estate agent, that limits your ability and even if you find one on your own, you will be obligated to pay the real estate agent.

I hope this has been of some use to you, good luck.

‘FIGHT ON"

how can you list in MLS without a realtor?

November 29, 2009 - 6:13 am 4 Comments

Wth FSBO you can list in MLS without a realtor for $500 is tehre anothere way to list ?

even if you list with MLS who is going to call without a realtor by looking through MLS listings? Im trying to figure out what is best to do to sell a home without an agent..Thanks

Can’t list it on the MLS without a Realtor – but there are serivices that do it for $200.

Alot of Realtors refuse to work with these companies because they make the buyers agent do everyones job and the sellers generally never price thier home correctly.

If I were you I wouid just try to FSBO it and if it does not work out – call a local Realtor.

15yr Realtor
www.hqhomes.com

What is your job like as a Utah real estate agent/realtor?

November 29, 2009 - 6:13 am 1 Comment

I am thinking of getting into the real estate business and would like to get some info on what it is like so I can decide if it is for me.

Right now it is a tough job. The Utah real estate economy sure has slowed down a lot lately. I would look for a different job right now unless you want to run the risk of not really getting paid some months.

is there a website or listing that tells people how many listings a realtor currently has?

November 29, 2009 - 6:13 am 2 Comments

maybe like a state controlled website?

I don’t believe so, but you could try the Realtors website or his/her office website. For example: If you were to go to www.kw.com search for my name click on my name you would be directed to my website where I have 2 listings, most Realtors that have a website will put all their listings on it. www.realtor.com is a good source also, you would actually have to go through all the listings in the areas your prospective Realtor serves and count the listings they have. What does it matter how many listings a Realtor has at any given time? Listings come and go . A Realtor could have three or four one month and the next have only one or none.

How do real estate Multiple Listings work in Texas? May any realtor show another realtor’s listing?

November 29, 2009 - 6:13 am 2 Comments


Absolutely! It’s a cooperative agreement between the stakeholders of the MLS.

Any tips for a new Realtor in Massachusetts on gaining clientele?

November 29, 2009 - 6:13 am 3 Comments

I just started out as a Realtor on the North Shore in Massachusetts. Not being from the area, I was looking for advice from any other agents or realtors on building up a decent client base. I know the market is slow here, as it is everywhere, but any advice would be appreciated. I have sent out cards to friends and family and am being trained, but would love to hear any input on the dos and don’ts.

I would like to inform you what, possibly, NOT to do. THEN what you should do. THEN you should be able to make your decisions and proceed from there.

DON’T fax every person in every office the same fax about your listings or services. Its not necessary. Many offices have a bulletin board or the agents can go on-line to the brokerage web site OR YOUR web site OR YOUR broker‘s site.

DON’T text message for the same reasons.

DON’T use direct mail to promote your listings and services.

Some time ago, I read a statistic which may or may not be true today:
FOR EVERY piece of direct mail a company or an individual sends, ONLY 1 in 100 will respond to that direct-mail promotion.

At today’s postal rates – 1st class – that’s $41 you could use for other purposes. THAT’S the cost JUST for the reponse! This DOES NOT include the cost of buying the stationery and envelopes, toner etc.

JUST to get the appointment is 1 in about 250-500. Your costs are accelerating, aren’t they? AND you STILL DON’T have a sale!

It takes about 1,500 to 2,000 direct mail pieces to get JUST one appointment ALL the way to the closing/settlement/escrow.
That’s about $600 to $800+ before you see one dollar – not to mentin your time – "spinning your wheels", wasting your time.

((((You haven’t made the sale – yet.)))))

DON’T lease or spend [notice I didn't say "invest"] your hard-earned money for a piece of equipment with automatic phone dialing and recording/speaking features, telling agents about your listings and services.
Do you like getting those telemarketing calls?
Do you like or mind getting any telemarketing calls?

If I haven’t discouraged you, we’ll move on to the "grey area": "cold canvassing".
Its a terrific way to meet people face-to-face, one-on-one! It requires going to the same houses about once every two weeks – or even more frequently.

Know your market AND your product. Know how to solve various situations ["problems"] which arise on a regular basis.

When you DON’T know how to solve those problems, you KNOW what hoops and hurdles you have jump over, under, around and through to speak with the right person to get the answers and solutions to get your deals to the settlemnt table/to closing/to escrow.

The above are the DON’Ts, here are a couple DOs:

AND what about the cost of your business cards? Do you think you can "cut corners" and make a good impression with those thin, flat, lifeless, computer-generated cards?

PLEASE DO yourself a HUGE favor: Invest your time to sit down and properly design your business cards. If you aren’t sure, please go to a professional printer or graphic arts store and ask for help and guidance. Those folks should amaze you with ideas and concepts. In the long run, good, professionally printed business cards with raised lettering and features, go a long way to show others you care – about yourself, about your business and about your clients.

When you leave, your contacts and clients have two things:
1] Good, bad or indifferent – the impression you left.
2] Your business card.

Don’t you think it makes good sense to invest your money in a good, quality business card? Have your cards professionally printed.

Find an investment group – or two – or more with professional real estate investors. JOIN it/them &&&&&&&&&&&&& BE ACTIVE!!!! Get on committees, get to be known as a "can do" type of person. You should have fun [and Yes, some aggravation, too]. You should make some friends and begin building your client base. You should get leads! AND look how much time, money and aggravation you’ll save! LOTS!

As the saying goes, "Build a better mousetrap and the world will beat a path to your door."

What the saying doesn’t tell anyone or even mention is: YOU MUST get out there and let "the world" know about that better mousetrap!

Thanks for asking your Q! I enjoyed answering it!

VTY,
Ron Berue
Yes, that is my real last name!

What is the lowest Percent that a realtor can do?

November 29, 2009 - 6:13 am 9 Comments

I have a realtor that said they could sale my home for 5% and then another for 4%. Is there anything else that I can get a realtor to come down on, that will benefit me on my return?

4% is probably the cheapest you can get with traditional listing broker arrangement. I think it’s pretty good. Basically, 3% goes to the broker who brings in the buyer and the remaining stays with the listing broker. If you want, you can find a help-u-sell or some other self sell real estate service in your area who provides with flat fee, multiple listing service access and signs. You will need to do your open house and showings. If the market is good in your area, with or without the listing broker, your house can be sold.

Can a Realtor help someone find a home zoned for keeping pet fowl/livestock?

November 29, 2009 - 6:13 am 9 Comments

I’m located in Orange County California. Can a Realtor research the city/county to find homes that can legally keep fowl on the property? Or is that something the buyer has to research themselves?

I’d be more than happy to help you out. I am a Loan Officer/ Real Estate Agent located in Rancho Santa Margarita and San Dimas, CA. Feel free to IM or E-mail me!

How do i get the jobs taking drive by pictures for realtors?

November 29, 2009 - 6:13 am 1 Comment

I love taking pictures and I was thinking that I could earn money doing it. We have realtors ,morgage companies, banks that repos. I think this is a good idea but I have no idea where to get started or what to say to get my foot into the door. Any suggestions would be helpful.

Call the realtors and tell them what you are looking for. Normally, the realtor takes the picture while they are there for the first meeting…when they advise the seller on how much they can sell the house for, and what improvements they can make to have an easier sell…etc. There really isn’t a need for your services, since they do it themselves.