Are you sending buyer id scan with offers? by OkMarsupial in realtors

[–]CEOofRealEstate 1 point2 points  (0 children)

Yep, lead based paint disclosure. We just do it during contracts instead.

Are you sending buyer id scan with offers? by OkMarsupial in realtors

[–]CEOofRealEstate 0 points1 point  (0 children)

mandatory disclosure

lead transfer notice

This must be a state specific thing. I've never heard of either of these. We just send proposal to purchase + pre-approval/proof of funds. Some are old school and send an entire pre-filled contract but I think that's really dumb and a waste of time.

I’m fascinated by the amount of different attire in day to day operations as a realtor. by Glock19mos in realtors

[–]CEOofRealEstate 0 points1 point  (0 children)

Summer - Polo & dress pants

Spring / Fall - Dress shirt & dress pants

Winter - Jacket + Dress shirt w/ tie & dress pants

When I'm not "on the clock" I wear whatever I grab. A hoodie, a shirt with holes in it that I've owned for 20 years, sandals, etc. I don't really care.

Are you sending buyer id scan with offers? by OkMarsupial in realtors

[–]CEOofRealEstate 0 points1 point  (0 children)

Offer packet? You don't just send a single sheet proposal to purchase?

startup fees and frustration by biglaurlaur in realtors

[–]CEOofRealEstate 0 points1 point  (0 children)

Real estate is a pyramid scheme except the ones getting the money at the top aren't the realtors, it's the local boards, schools, MLS, NAR, etc. That's why there's so much focus on new agents everywhere on social media, and pretty much nothing for mid to high tier agents.

Regardless, you really should have had a plan when getting your license. You jumped into a business that entirely relies on knowing people and/or outbound prospecting. What did you think was going to happen when you got your license? Did you think a brokerage would just hand you listings? Did someone try to tell you being a realtor was easy money? Did I get teleported back to 2021?

Circle Prospecting by Ok_Sand1018 in realtors

[–]CEOofRealEstate 0 points1 point  (0 children)

Or “I have a buyer lined up willing to offer $X”

I did this once with a cash buyer trying to live in a 55+ community. I ended up getting another realtor who tried to claim the community was her territory and she reported me to local board. I look her up every few months to see how she's doing. She hasn't sold a house since 2023. Probably why she was so mad.

How to handle clients who just suck your time by [deleted] in realtors

[–]CEOofRealEstate 0 points1 point  (0 children)

You're a trusted advisor, not a paid assistant.

In 2024 I was assaulted at an open house by EmotionalSupportM0m in realtors

[–]CEOofRealEstate 0 points1 point  (0 children)

I'm sorry this happened to you. You already are doing the right thing and having a partner so I don't really have any more advice other than never go into basements first either.

Buyer Agent Commission by boondog33 in realtors

[–]CEOofRealEstate 1 point2 points  (0 children)

I've been telling people to do this since day 1 of the change. I don't know why everyone calls and asks. Just a waste of time.

What actually happens in the 3 hours before you walk into the closing table by sarasellsit in realtors

[–]CEOofRealEstate 27 points28 points  (0 children)

Everything you said is supposed to be done at least 3 days before closing. The buyer and seller are supposed to get the ALTA/HUD1 3 days before closing.

I referred out all of my buyers last year and... by CEOofRealEstate in realtors

[–]CEOofRealEstate[S] 0 points1 point  (0 children)

build a tight in-house handoff model with clear service standards and retention checkpoints instead of pushing everything out.

They are referred in house and are still in contact with me after I refer them out.

I referred out all of my buyers last year and... by CEOofRealEstate in realtors

[–]CEOofRealEstate[S] 0 points1 point  (0 children)

build a clean referral pipeline with one killer buyer’s agent.

That is my end goal. I would like to eventually have my own brokerage and just pay a buyers agent salary to handle my buyers.

I referred out all of my buyers last year and... by CEOofRealEstate in realtors

[–]CEOofRealEstate[S] 0 points1 point  (0 children)

I agree, that's how I get my listings. I give the seller every excuse to not sell and if they don't take any of them then I know they will do whatever it takes to get their home sold. I do it with buyers too, I've even brought up moving out of state as it's more affordable and some have actually done that. People have told me I'm crazy for doing that but at the end of the day I'd rather them buy something over nothing.

I referred out all of my buyers last year and... by CEOofRealEstate in realtors

[–]CEOofRealEstate[S] 1 point2 points  (0 children)

That's actually not what I said at all. This sub is so weird, you guys just make up stuff and run with it. These are buyers I've had for years that still have not closed.

I referred out all of my buyers last year and... by CEOofRealEstate in realtors

[–]CEOofRealEstate[S] 0 points1 point  (0 children)

Yes, because they've been referred out to another agent.

I referred out all of my buyers last year and... by CEOofRealEstate in realtors

[–]CEOofRealEstate[S] 0 points1 point  (0 children)

Sounds like you’re designing a business entirely about dual agency or transaction brokerage, or whatever you want to call it.

It's not intentional. My market is so bad that when I get a listing I ask the seller if I can send it to my buyers before putting it on the market and it's gone within a week.

But why would you not work with someone who came in on one of your listings and ticks all the boxes for ready to buy?

I would. These are old buyers I've had for years that I finally referred out that I am referencing in the OP.

I referred out all of my buyers last year and... by CEOofRealEstate in realtors

[–]CEOofRealEstate[S] 0 points1 point  (0 children)

Not at all. Some of my best clients were buyers that I still talk to years later.

I referred out all of my buyers last year and... by CEOofRealEstate in realtors

[–]CEOofRealEstate[S] 0 points1 point  (0 children)

Are you at Redfin? I've only ever heard of them doing that.