All Forum Posts by: Miles Stanley

@Account Closed

I'm a new agent as well (licensed in March) and am also in learning mode.

From what I've seen so far, lead generation isn't just important...its vital.  Nothing else really matters beyond this bc if there are no leads coming in, there is no business being done.

My opinion, targeting FSBO/expired's is good, but should only be one of the multiple channels you are targeting with your marketing campaigns. I would recommend a systematized approach to your marketing and it should be ongoing so when a seller/buyer thinks about making a move or someone who knows of a friend or colleague who might want to sell or buy, they think of you as the agent to call.

I've never done it, but cold calling sounds slow and painful...but if it works, have at it.

Best of luck,

@Radhika Shah

This is all from the viewpoint of TX...CA rules and customs may vary.

In TX you get your license then find a broker to hang it with.  You can start looking around and interviewing them before you actually get your license though.  Make sure you find one that aligns with your goals.  Not all brokers are equal...

Generally, license renewal and continuing education must be maintained regardless of sales volume.  Sales have no bearing on license status.

I did online only bc i could not attend live classes.  I think it just depends on your personal preference.  Some people NEED a lecture/instructor environment...others are disciplined enough to do self-study.

I apologize if CA rules differ from what i say above, just offering some general feedback.

Thanks,

@Saami Siddiqui

Congrats on passing!  I’ll send you a PM about this.

@Ryan Wamsat

No problem

BFE = base flood elevation = theoretical water surface elevation of the 100-year storm.  

100-year storm DOES NOT MEAN that the storm can only happen once in 100 years.  Rather it means there is a 1% chance of that storm occurring each year.  Could happen more than once a year, but, statistically speaking, that would be rare.

So BFE 9 would indicate to me that the elevation above sea level of the 100-year storm event would be 9 feet.  so if your house is less than that elevation, it would (theoretically) be inundated.  Flood insurance likely required.

Thanks,

@Jennifer Jackson

My opinion (and my opinion only) is that you should just remove the pavers if it is a tripping hazard.  Not worth the liability to me. 

Also, an I'm only speculating here, unless the unit(s) are ADA accessible you might not need to provide an accessible route.  But i would definitely verify this if I were you...maybe others have input.

At any rate, I don't think paver stones meet ADA code, even if an accessible path is required to your unit.

Hope this helps.

I believe code says you must have an "accessible route" connecting accessible entrances to public sidewalks, handicap parking spaces, bus stops, etc.  When you say uneven pathway, are we talking paver stones or a busted up concrete walkway?

Also, is it a single-family residence?  An apartment?

Hello,

I'm a recently licensed REALTOR located in San Antonio, TX.  I decided to get my license primarily to represent myself in my investment pursuits and to eventually work with buyer/seller clients once I get acclimated.  

I am looking for referrals to brokerages that would sponsor my license and that meet (most of) the following:

• I work an 8-5 M-F career job, so I would need the flexibility of working completely on my own time (this is a must).  I am willing to work nights and weekends to pursue my goals, but for now I can't jeopardize my main source of income.  
• Provides an orientation or other training to get me started down the right path as an agent.  In other words, show me how to BE an agent in practice.
• Provides mentor opportunities to newer agents to facilitate learning.

Thank you and I greatly appreciate any feedback on this.

Miles Stanley, P.E., REALTOR

@Linda Hastings

Thanks!  How's the rental market in Stockdale area?  i had considered investing in smaller towns down south, but wasn't sure.

Thanks,

@Rick Levada

To me this is kicking the can down the road.  I think these types of band-aid repairs seldom work out for the best.  Plus when you go to sell it, the buyer will likely want a discount for the foundation repair work THEY will need to do and/or they wont be interested in buying at all.

i had a house under contract with major foundation issues.  The middle of the house was the high point and the perimeter was lower in elevation all around.  The foundation estimate was over $10k.  Did a hydrostatic on the sewer and it was not holding water at all.  If you fix the foundation, you almost have to fix the plumbing leaks because the water will eventually compromise the soils over time and lead to movement of the slab/foundation.  To replace the plumbing was another $8-10k.  Plus all the incidental work mentioned by @Costin I.  Ended making the deal not feasible for me.

I terminated the deal because I believe in providing a sound home to live in and not just a shack held together by duct tape just to milk a few bucks out and move on...not that you are doing this, just saying that's how i look at this.  Others may disagree...