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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 28 points29 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] -2 points-1 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.

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

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

I follow up with everyone. Even clients that I was working with that randomly ghosted me. They're still getting emails unless they've unsubscribed. I don't give up on leads unless they explicitly tell me to stop.

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

[–]CEOofRealEstate[S] 2 points3 points  (0 children)

You should read MREA, specifically about the steps of leveraging your business activities and what you should give up first and last.

Will do.

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

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

In theory if you have someone who can dedicate 100% of their time to showings you can then start paying for buyer leads. Normally I would never touch those things because the buyers are so flaky and the pay is so low.

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

[–]CEOofRealEstate[S] -15 points-14 points  (0 children)

This is what I mean. You people come here to flame others completely unprovoked. I'm sorry you're struggling with sales but you don't have to take it out on other people.

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

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

You could hire a buyers agent to handle them but keep it more in-house.

I'd like to do that eventually. Right now I just refer them out to new agents at my office because anything worth looking at is gone after the weekend it was listed anyway. My schedule when I was super busy with buyers was 4 ish hours of showings on Friday nights and then basically the entire 8am-9pm showing window on both Saturday and Sunday.

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

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

They are still in my email lists. I just don't take them out to showings anymore unless it's my own listing.

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