Real Estate

I am a new realtor just in the business one month today. I have 2 listings already and a few solid prospects for listings. But EVERY agent I have talked to has had discouraging comments about the lack of business, including my broker and only one other agent besides me even comes to the office! Is any other realtors out there making any money? Thanks!

Don’t feel bad, the market is really down right now but you have to find new ways to make money don’t just depend on the listings. Find buyers right now and also find people who want to lease and list lease rentals. Not as much money in it but better then nothing. Find buyers and you will be better off.

Realtor Alexis Palkowski (propertiesByAlexis.tel) explains the benefits of the new .tel (dot tel) names for Realtors and business. www.telForRealtors.com. Give clients all your contact information using a single, easy to remember name. Make it easy for people reach to you, remember you and refer you.

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We are 2 realtors who are getting into representing buyers and sellers of luxury home. I’m done designing the site BUT STILL have not come up with a slogan/ motto. PLEASE HELP !
Serios answers onl please. No more than 4 words.

"luxurious comfort worth coming HOME to"

Petition:

We feel that REALTOR.com has not been responsive to the needs of REALTORS and that the current relationship between NAR and Move,Inc. (as currently constituted) is not in our interest as REALTORS for the following reasons:

1) Move, Inc. has a long standing pattern of raising fees on REALTORS and charging them exhorbitant fees in comparison with the costs of developing a national real estate listings site. Fees (which yet again are expected to be raised in 2009) are out of line with what other national listing aggregator websites cost their shareholders. Why should we be paying many multiples of what companies like Trulia and Zillow are costing THEIR shareholders for aggregating real estate listings on their sites?

2)After being provided ALL of our listings and photos, they have stripped off all but four, unless REALTORS pay them an annual “enhancement” fee. This effectively takes our clients and holds them hostage until we pay their “fee”. Much of this fee goes right back into “Sales expenses” which are Move,Inc.’s marketing to REALTORS that they MUST have their service. This adds HUGE costs to what is needed for a national website and is NOT acceptable.

3) In a world where many websites offer REALTORS social networking opportunities to connect REALTORS to potential clients, REALTOR.com has been sorely lacking in developing these types of programs.

4) The 2007 10K (released Feb 28, 2008) from Move, Inc. shows STAGGERING General and Administrative Expenses of over Million and Sales expenses of over 8 Million..these expenses are RIDICULOUS given their online properties and a development expense of Million. While we realize that this includes Top Producer and other assets of Move, Inc., that actually makes the ratio of development / Sales, General and Administrative Expense even MORE out of line. We are tired of having NAR tell US to pay for THEIR inefficiency.

We are not against paying for what WE receive. If you want to charge us for “enhancing OUR contact information” then fine. But don’t hold our CLIENTS and CUSTOMERS hostage. That is unconscionable. Many of them don’t know what you are doing to us and if they did, they would find it incredibly offensive.

More importantly, because the National Association of Realtors leased the rights to our web presence to third parties, they put themselves in the position of defending REALTOR.com’s inefficiencies and deficiencies to the general membership for their own financial gain.

We call on NAR to take steps to BUY BACK Realtor.com from Move, Inc. or to buy a controlling interest in Move, Inc. to provide a national listings site for REALTORS at a price that is REASONABLE and RATIONAL. With the current stock price so low, a controlling interest can be purchased at a reasonable price and other assets like TopProducer can be spun off to repay (partially) the investment. This is a strategy that makes SENSE.

Until NAR SERIOUSLY takes up this issue and hears our concerns, we vow to raise awareness, talk to the press, let our clients know what you are up to, and most importantly, we will NOT continue to pay higher and higher fees to cover Move, Inc.s inefficiencies and largess.

We do not do this out of spite. We do this to protect OUR good name and our industry. It only makes sense with Move, Inc’s stock price this low to take these actions. We call on you to address these concerns completely, totally, and immediately.

After you have added your name to this petition an e-mail will be sent to the given address to confirm your signature. Please make sure that your e-mail address is correct or you will not receive this e-mail and your name will not be counted.

http://www.takebackourr.com/the-petition/

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I want to unofficially put my house on the market to sell it in the next 6 months. Can I call a few local Realtors who have sold houses in my neighborhood and tell them I’ll give them 4% if they find a buyer. Or should I only post ads on the internet?

I have 50% equity, so there wouldn’t be an issue with the banks.

Absolutely. This is a very good idea for you.

However, I would call their brokers (their bosses) instead of the individual realtors. Ask those brokers to bring their whole office of realtors by your house after one of their sales meetings. These meetings are generally on Tuesday mornings. This way, instead of getting one realtor per phone call, you’ll get entire offices with one phone call.

And this way, the realtors in the offices that you call will feel like they’ve got an advantage over their competitors at other offices, because they know where one more home for sale is than those other realtors. To the realtors that know about your home for sale, it will become known as a "pocket listing". This is a listing that a realtor knows about, but that does not show up on the local MLS.

And by the way, 4% is too much. Only offer 3%, because that’s all that a realtor would get from any other home for sale on their local MLS.

Good luck to you! Oh, and you also need to be prepared for 50+ different realtors to ask you to list your home with them. This is just a by-product of what you’re about to do. Just deal with it.

I am 26 and thinking about getting into real estate in upscale areas. Are young realtors ata a disadvantage?

You are not necessarily at a disadvantage.Your best source of customers can come from lenders.I encourage you to move forward in getting your real estate license.I have sold real estate now for three years and am earninga very good income.

Realtors across the Inland Northwest are hopeful that recent numbers are an indication the housing market is picking up. Home sales across Spokane County are up compared to this time last year, but selling your home may still be a struggle. KXLY4’s Mike Gonzalez reports.

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The numbers don’t look too good for sales of homes…and with the american consumer being grossly gouged over the past 5 years with product being so over-priced, is it any wonder that now we get our due, as realtors?

Do I deserve to make a buck off the misery and percieved value to customers? Am I really just a house-pimp?

Are you kidding me? This is dumbest question I ever heard.

If you think it is your fault the housing market went up and people leveraged themselves to the max – then fine take the blame, but you had nothing to do with it.

Your job is selling homes for people – now more than ever ever people are going to need your help.

The question is if you percieve your profession as the cause to this dilemma, then do everyone a favor and quit.

I was wondering how many realtors are in the malibu area? Please do not respond with "too many". I am looking for a number.

thanks!!!

type "Malibu California Real Estate" in the yahoo search bar and page after page of company’s and private names will appear on the screen.

Many times, the reason a house sells is circumstance — having the right house for the right buyers at the right time. Former real estate agents and experienced for sale by owner sellers share some of their tips. If you have the skills to be able to sell your own home, you can save yourself a hefty commission.

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