All Forum Posts by: Terrell Sapp

Commercial real estate. Commissions checks larger than that per deal.

Is it $100,008 gross or net?

Kudos,

Mary

 Hey, Hey! Congratulations! Best Business Blessings in your new and prosperous future!!

@Terrell Sapp

I get about 10% conversion rate from Adwords.  Those are people that have visited my site and filled out the webform which gives up their anonymity.  

For FB I get around 5.5%.  The benefit to FB is that it's super cheap.  I've been doing this for about 5 weeks and I've received 31 leads but for $5 per day it's the best online advertising around IMO.

Good luck sir!

No-no-no. You're setting up "buyers," that you meet from the open houses, on auto-notification systems (just check to see if your MLS has this type of system... I know a lot of them do). Not other real estate agents.

read the millionaire real estate agent, and shift by Gary Keller, get some free scripts from the Mike Ferry website. Find a role play partner, and invest in MOJO triple line dialer. :)

@Terrell Sapp

I'll start off by saying I'm not a broker. I work for a shop that buys and develops in NYC so I deal with many. Some add value, others simply sell. The difference is vast.

 You are a Bronx guy, use that to your advantage. NYC market is experiencing irrational exuberance for a handful of reasons, but the Bronx is one of the only boroughs where you can find rentals that still pencil out. As you know, a large part of the Bronx is misunderstood and because of this you can find some value, i.e Morris Park. 

So here is my advice, or rather a specific strategy you may want to try: find an active buyer of Bronx MF commercial properties and understand their strategy and acquisition criteria. Use your local networks, relationships and knowledge to find the owners of buildings that fit their criteria and approach the owners with a value proposition. I would use ACRIS to get ownership information on properties you can't otherwise get. Remember, it's a numbers game. You will eventually find an owner willing to sell and you'll have a buyer already lined up. 

Obviously, this strategy can be applied to any market. Hope this helps, best of luck.

I am a new agent with Keller Williams. I chose them for several reasons:

1- it is your business and the broker will support me in my goals.

2- the training is fantastic and I have a mentor and a coach.

3- the split will be 70/30, but when the cap is reached 100% goes to you. 

I recommend Keller Williams. Also, there is no problem if you also want to be an investor.

You're very welcome!

I love EDDM because you can target neighborhoods for dirt cheap and you don't need any names/addresses just the EDDM Indicia.  Can't beat 18 cents a postcard (must be over sized postcards... which get noticed!!).

Yes, you'll go to agents in your office and ask them if you could hold open their houses.  They'll have to get approval from the home seller.  But, what you can do is find the neighborhoods you want, pick out the houses for sale there (make sure they're the same company) and ask the agent to hold it open.  If you're going with a smaller company it may be harder to find the houses you want, but you need to start generating business, so take what you can get.

Check with your MLS system. When I was in real estate I would set them up on our Auto-Notification system through our MLS. I would tell them I can send them all the houses that meet their criteria the minute they hit the MLS before anyone else would see them. Great system.

Then, just do your magic and create rapport!

Get on it!!!  :-)

-David Hunter