All Forum Posts by: Kanchi Ji

New agent sorry for the dumb question but I have someone looking for a loan and I also know a good loan officer if I were to be refer them there would I get a referral fee. 

In New Jersey fyi

The really good agents use Customer Relationship Management (CRM) software to stay in contact with customers. This software allows them to track information on the client (age, children, birthday, anniversary, purchase information, etc.). The agent can place them in different "tracks" depending on who the client is. For example, if they get a strong buyer lead that is prequalified and interested in buying within 90 days, they will be put in Track A and receive regular emails, calls, texts, or whatever is necessary to nurture that lead until they purchase something. A former buyer won't in the market to buy another house for 3-5 years, so they may go into Track D where they are emailed or mailed every 3-6 months and then called once a year.

The point is for the software to maintain contact with clients so the agent is always "front of mind" when the individual decides to buy or sell. As you can see with your agent, it works. 85% of clients say they would use the same agent for their next purchase, but only around 25% actually do because their agent loses contact and the client goes with someone new that they saw on a billboard or heard on the radio.

@Dan Barman, 

Here is another option: https://kwschoolofrealestate.c...  No cost to you.

I'm with Keller Williams in Virginia Beach.  KW offers a deal where you can take the online course provided by Kaplan at no cost to you.  There is no obligation to hang your license with KW.  Obviously they/we hope you will, but it is a way to take the Kaplan online course for free-to-you, paid by KW.  
Best,
Craig Snyder
757-550-7122 
(licensed in Virginia - and covered with paint from the rental my wife and I were just painting.)

@Kanchi Ji

Hi Kanchi,

I am just seeing your post, I didn't mean to reply so late. 

Ironically, I will have my Florida license first. My husband and I planned on buying property there this spring, however, a work promotion on his side changed plans abruptly. Now I am planning on getting my VA license next, and shortly after that the MD license to work in both states.

Keep me updated on your process and hopefully we can help each other out in the future. I am interested in meeting/networking with other like-minded people. If you know about up-coming events in your area, please let me know. 

Thanks, Sam.

I'm looking into getting a realtor license in the next few months and I wondering who a good hands on broker would be to help with training and what not.

Back story: getting ready to work 2 jobs to make bills but I've been following real estate investing for years on YouTube. I eventually want to do that myself. I don't know anything when it comes to being a realtor other than its direct sales.

I want to find someone that can help me understand what all it entails and understand it. Maybe help through the first few deals. Once I understand and get it, I got it.

Have multiple contacts for the investor. Property manager, inspector, roofer, electrician, plumber, etc. It is very important that if issues arise, you can get someone to look at the property within 24-48 hours. It's crucial for all major red flags to have expert eyes on it for the investor to make the best decisions. Investors have a full time job and/or running other businesses on the side. It is crucial that you update them in a timely manner and are available for when they are free in their schedule. 

Be active on these forums and offer VALUE. Investors will reach out to you if they want to invest in your area because they see you are knowledgeable and offer VALUE.

Best of luck with everything!

@Gerard Fox Go to every investor meetup in your area that you can find! You will be amazed in a few months how many new people you know and how many people want to help you succeed! Network = Net Worth.