All Forum Posts by: Marian Huish

I’ve got some agents in Alabama who should be able to assist @Steven Whalen. Is this property you have already picked out? I’ll DM you as well.

Being a Realtor is about much more than cold callig @Mike Schorah, as many have already pointed out.  Also, while selling real estate is largely local, it is possible to be a virtual realtor and scale your business not only nationally but internationally.  I have done so and have proven that it’s possible to scale virtually without having an official ‘team’ that I am responsible for managing and compensating.  I have sponsored 36 agents in 10 different states and the company actually compensates ME for doing so!  Each time those agents have a sale, I get paid, much as a broker does but without either the responsibility or liability.  And after 20+ years of experience, I am well positioned to support those agents by sending leads, etc. regardless of where I am licensed.  It’s actually a brilliant business model that many have’poo-pood’ as an MLM. I believe it’s much better than building a team, training them only to have them leave and become your competition!  eXp Realty also allows wholesaling, depending on which state you operate in. Well worth looking into… All the best.

How refreshing to read your post @Chelsea Price!   Congrats on living such a modest, debt-free life and for wanting to honor your grandfather by caring for your inheritance. …and how well written!  Perhaps you should be a writer!?  😉. Do you perhaps have a family member or close friend that you can partner with to help you qualify for a loan?  I.e,., someone with a good job and good credit!?   $200K is a substantial down payment that most new investors don’t have.  I would look for a turnkey rental… many condos are sitting longer on the market and there are motivated sellers out there!  While condos have monthly condo fees, those are a write-off and you’ll spend little to no money rehabbing or maintaining the property!  (Speaking from experience!). Im also in the DMV and am happy to chat and/or help you along as you seem like an admirable person!  Wishing you continued success!

Congratulations on getting your real estate license @Sasi Kumar!  Many  brokerages expect you to be full-time as they want you fully committed to your new career. EXp Realty is a good option as that is not a requirement and in fact, you’ll have access to online live and recorded trainings 24/7 in our virtual office environment.  You’ll also have a mentor assigned to you who will work closely with you on your first 3 transactions and you’ll have access to 88,000 agents who collaborate in our local Netwerk as well as at live events.  If you are an investor, you’ll be entitled to up to 3 personal  transactions/year at 100% commission to you.  As it sounds like you’re somewhat familiar with eXp, I’m sure you’re aware of the other benefits, however, I’m happy to have a conversation should you have any questions. I’ve been investing & selling for over 20 years. Started at a bricks and mortar brokerage and have been at eXp for 5 1/2 years. Best professional decision I’ve ever made!  All the best.

This is the best place to start with building your database @Jason K.  you can basically start with an Excel spreadsheet and then move it to any number of CRM to market your database from.  Assuming you are currently with a broker, I would reach out to them for advice.  I use KVcore which is one of the top rated CRM‘s for organizing your database and keeping in touch with your leads. I’ve also used others in the past and would be happy to chat. All the best!  

Thanks for posting this @Joshua Ricker- yes, I have been watching and it certainly will shake up the industry. I see buyers that cannot pay for representation to simply work with listing agents. Depending on the market, it will certainly hurt buyer agents, brokerages, buyers and the MLS's themselves who's primary existence has been offering broker cooperation. There'll be more pocket listings and posting of listings on alternate portals that don't require MLS fees. I also believe this will further the wealth gap as a result of new buyers not being able afford to get into the market.

@Erin A. you absolutely need to consider eXp Realty whether you use the CRM, lead Gen tools marketing & 60 hours+ training per week or not!  The $85/mo is nominal.  And, while you pay only $16K/year in brokerage split (how much are you currently paying?), you can make far in excess of 100% from stock awards and monthly income from the sales of any agents you sponsor into the company- whether they’re on your team or not!  Most brokers make 3,8% off of each transaction.  eXp pays 3.5% to agents for simply sponsoring agents into the company  but with no brokerage responsibility or liability!  It’s really a no-brainer.  You can run your business as you see fit, whether under eXp’s name or your own brand.  How many clients never heard of KW, Compass or RLAH or Fathom when they started out?  Your clients hire YOU, not the brokerage! eXp is 88,000 agents in 24 Countries- why do you think we’ve grown so fast?  You’ll make much more at EXP than you ever will at a 100% brokerage and will be able to actually stop selling real estate while having monthly passive income so long as you keep your license active. eXp has set the roadmap for other virtual brokerages that are knock offs of EXP. Do your homework but happy to have a conversation with you or anyone else willing to open up and listen to the opportunities they are missing out on! I wish you all the best.

@Fili Aguirre … just get your real estate license and you could make a good living off of referrals all day long!  😉

Congratulations @Rambé Parker!  No need to have a local ‘BP location’ as it’s a virtual world and you have access to everything you need right here!  Lean on & learn from your Broker & find local mentors-  Best of luck!

What market are you in @Patrick Hayes?  With low inventory in high interest rates, tough time to get started but really boils down to your market and willingness to do what it takes to succeed. It’s much more difficult than money new agents realize and often takes quite a bit to start building your business. Hang on to your W-2 job for a while until you learn the ropes and start making the right connections. Best of luck.  Happy to have a conversation!