All Forum Posts by: Kobe Xin

Quote from @Chris Magistrado:

Currently I'm in Italy as my wife gets her US Visa. In the meantime, I'd like to get my Texas Real Estate License, but would like to know if I could do a few deals remotely before return back stateside to Texas, and can come into the office. 

Do agents work remote? Do brokers sponsor remote agents?

Thanks for reading!

Hi Chris congrats on taking the steps to get your real estate license. To answer your question: Yes absolutely! Most real estate agents actually do not have the need to go into an office to close transactions and meet clients at either a natural location or at the properties they are showing or listing. As far as actually closing transactions remotely you may want to work with an agent who is “boots on the ground” who may be able to help you with showings. 

Congrats Michael! Being an agent is a great way to fund your investment properties and get more immersed in the industry. One of the key things to being a great agent and having success is to have a great strategy or strategies to continue generating new clients so that your pipeline is full and you don't run out of clients to service! Hope that helps

@Charlie Cameron has been using Carrot for his real estate team's lead generation in the past few months...any thoughts on this? 

Quote from @Lauren Ellis:

Thank you, Kobe Xin! What makes you a successful real estate agent? How long have you been an agent? 

Success in business comes from persistence and consistency. If you’re willing to do the boring and repetitive tasks over and over again then you will eventually get the results you want. There’s no secret, it’s just most people who quit will make excuses for themselves to avoid doing the things they know they should be. 

Good for you Lauren!!! I made the same decision that you did 2 years ago to pause school and go into real estate and that has been the best decision that I have ever made so far. Life is too short to live on other people’s terms so that’s great that you are pursuing your dreams and passion even despite what your circle is saying. You can succeed if you have persistence, a degree is just a piece of paper, it won’t determine your success in real estate and you certainly don’t need one to be a successful agent. 

Real estate agents are their own business owners. Most brokers who are posting on linkedin are recruiting for their firm and the "qualifications" are very loose guidelines since you will be working on a commission only basis at most real estate brokerages rather than on a salary they will take most agents that have an interest in joining their firm regardless of "qualifications". 

Real estate is something anyone can learn so I would not stress out over it. Most agents who are brand new to the industry have no previous experience and skillsets and learn and build these skillsets as they progress in their real estate careers however they see fit. 

Remember you will most likely be running your own business as an agent and it is definitely more of "entrepreneur" job than just a "sales" job. 

Quote from @Daniel Sosa:

@Kobe Xin

Yes that is the exact reason why. Thanks for your response.

No problem Daniel! That is exactly what I did when I first started in real estate 2 years ago when I was 18 years old. Finding others who have come become your to shadow and work with is absolutely crucial in my opinion!
Good luck!

Hey Daniel, 

You are going to want to look for real estate agents who are also investors and partner with them. There are few brokerages that are investment-oriented only. 

I'm assuming you are looking for an investor-oriented brokerage to learn more about investing and working with investors as an agent...the best way to do that is to find an agent or team of agents who are investors themselves so you can learn from them directly.

Hope that helps!

In my opinion that is definitely not a good split for someone who does the level of production that you are doing, especially if the team is not providing the majority or all of the leads for your transactions. 

Whether or not if the split is fair to you depends on if you think the value of the team (the transaction coordinator/marketing coordinator/few leads) is worth $100k. 

I would suggest looking in the marketplace for the same value and comparing the price that you will pay. If you can hire full-time transaction coordinator for less than $100k a year then you should consider moving to a higher split and hiring your own coordinators.

It's ultimately going to come down to a decision of math. If you can get the same or better value that your team is providing for a cheaper price (less than 100k a year) elsewhere then the split is not fair. 

Hey Kyler, to answer your question, your broker should be the one reviewing all of your contracts, making sure that you are compliant with your state real estate laws when you work with clients. They should also be the one updating you on any changes to certain contracts or regulations (like changes during covid). 

You should be able to fill out a contract on your own, your broker should be the one reviewing them, and actually teaching you how to properly fill out contracts and provide paperwork, not necessarily doing that for you. 

In terms of leads, if you are brining all of the leads in yourself, 50/50 is a little low in my opinion,

Hope that helps!