All Forum Posts by: Marian Huish

Welcome @Justin Hudson!   When I started buying investment properties in DC I thought it may be a good idea to get my Real Estate license...   that may or may not be the direction you want to go but after 16 years selling in the DC Metro area, it proved to be very worthwhile for me!  Being a part of BP is a good starting point...networking with other investors is also important.   I'm happy to talk to you 'off line' if you have any particular questions....  Good luck!  Marian

I would reach out to Stuart Peacock...  he specializes in DC Real Estate...  you can find him on LinkedIn or via Google Search as it seems I can't post his contact info here.    Best of luck!  Marian

I understand your skepticism with this new business model @Graham Andrew and @Caleb Heimsoth-  I would suggest you look at the eXp Worldholdings Transaction & Sales Volume reported results:  http://expworldholdings.com  As a publicly-traded company subject to SEC reporting & oversight, eXp is clearly focused on selling real estate!  ; )

My sales have actually picked up since joining eXp...  My clients hire ME as most of my business come from past client referrals or my personal relationships with my sphere.  Although it's important to some, I find that most buyers/sellers don't really have much interest in Brand.

Forgive me if I missed this but is the property vacant? Is it easy to show and  does it show well?   The DC condo market is definitely slowing... particularly for older buildings or locations like Brentwood  which have less pizzazz!   It seems would-be homebuyers would rather pay $4000 for a high-end condo -  Agents are still adjusting to the market shift as its typically been the practice of listing on the higher end of comps which now needs to change.    Did you counter those lowball offers? Might be worth revisiting them!   Good luck !

If you want to step on over to the Nevada side of North Lake Tahoe, I have a listing in #InclineVillage ($360K) that is completely 'turn-key' and would be a perfect place to enjoy the beauty of the lake while generating rental income through #AirBnb!  Over 1,000 sq. ft. with wood-burning fireplace, private deck and garage parking just down the hill from Diamond Peak Ski Resort & within 1 mi. to golfing, Casino & private beach!  and thanks for sharing your spreadsheet @JonCrosby as I've got a couple of properties I rent out via #AirBnb!

It's just beginning...  who goes to a Real Estate Broker office to buy real estate anymore?  The old model is obsolete... and costly for Agents!

After 16 years with a traditional Broker, I've been with eXp since April and LOVE it!  I received 50 shares of stock after my 1st closing and purchased stock at a 20% discount with 5% of my commission... and then of course there's the Revenue share!  I received nothing from my former Broker for helping to grow the company...  My advice would be to get in now... it's doubled in agent count since I've joined...there's a reason it's growing so quickly!  Don't you wish you would've been part of Amazon when the stock was $15/share?  -like anything, just do your homework to ensure it'll be a good fit for you.  Good luck!  Marian

@Charlie MacPherson-  I'm very sorry to hear you were hit so hard by someone trying to recruit you...  exp is really trying to stop this kind of behavior!  I moved to eXp Realty in April after 15 years with a traditional Brokerage... as an experienced Realtor, it has been a terrific move for me as I generally don't work in an office and found that my Broker was providing less and less in the way of support, leads, etc. while still taking a large part of my commission in order to pay for the office overhead!  After closing my first deal with eXp, I received 50 shares of stock and was able to purchase shares at a 20% discount from 5% of my commission.  When I joined in April, exp was less than 10,000 agents and is currently approaching 15,000...  I was skeptical and thought 'it's too good to be true', however, after only 5 mos., I can say that it truly is legit and I'm feeling as though exp is more focused on an Agent's success than the Broker's success.  Once day I can stop selling real estate and still have a rather generous income which is just impossible under the traditional Brokerage model.  I currently have 3 Agents that have followed me... my approach is to continue to focus on selling real estate and to encourage anyone who is discontent with their current Broker to consider eXp.  I do stress, however, that it is NOT for agents who aren't self-starters, experienced or 'entrepreneurial'-minded!  I love the convenience of listening to training throughout the day and regularly collaborate with agents throughout the country which is hugely beneficial both in terms of seeking advice and in terms of referrals.  I feel like the geographic constraints of a traditional broker office have been lifted.   Best of luck in your decision @Ben Toth...    Marian.

Hey @CrystalNolan, did you decide on a Broker yet?  eXp does have a Mentor program for new Agents who have not closed at least 3 deals (just reduced from 5), however, I would recommend that Agents new to the business work with an on-site Broker in an office with other Agents as eXp really is for more experienced Agents -  You really need to be a self-starter and be confident in what you're doing to work with an on-line Broker like eXp.  However, if you're an experienced investor and are only getting your license to process your own deals, there's less risk and so it may be a good option for you.  Good Luck!