All Forum Posts by: Steve Gerten

This may be a really dumb question....but I have a few new agents completing their licensing exams at the moment and I'd like to pay them for their referrals.

Problem is that the closings are in 2-weeks & they won't have their licenses activated in time...

Anyone find themselves in this quandary in the past? Thanks for the guidance in advance! 

We're on a mission to digitize the management of rental properties & it starts on our home turf here in the Twin Cities. Join us for a digital happy hour to discuss our vision for this network & the value our platform can bring to you as a potential user. 

@Don Konipol @Charlie MacPherson

Great insight!

What's stopping "Zamazon" (i like it!!) from doing just that? Eliminating the MLS? I'd start thinking seriously about what will happen when it's no longer the go to resource.

In an economy where the consumer is finally in the drivers seat, I don’t agree with those who think we as licensed professionals are this almighty power. That’s the easy fall-back for those that rely on old school beliefs that things are going to stay the same forever and don’t want to put any thought leadership into how we can inspire change in an industry that is about to see a complete reorg.

Even on the brokerage side of things...Realogy needed this. Not sure if your markets are experiencing the same, but here in the Twin Cities, brick and mortar locations are consolidating rapidly.

With the way in which people buy/sell items, what’s the purpose of a physical office anymore? The traditional franchise model is in trouble.

@Mike G.

Good stuff!!

Looking for more in terms of specifics.

RE is finally entering e-commerce so for all of us searching for “deals” I think it impacts all of our go to market strategies

We own a few units in a 6 unit condo building. The opportunity to purchase 2 more just came up (bringing us to 4 out of the 6)and so we are nearing our goal of owning the entire building.

I’m now curious how we go about getting rid of the association and the management company that is running the show. I’m not really sure I understand the associations value if we could just bring it in-house down the road.

Would love your thoughts on how we should move forward if anyone has taken this approach in the past!

@Brandon Sturgill

Realogy needed this. Their stock has been in a free fall.

What’s stopping amazon from bringing the on demand experience to home buyers who may be interested in their Realogy brokered listings?

If Amazon acquires a syndication website like Zillow....the whole industry changes in my opinion.

It was only a matter of time.

What do you think this means?

Zillow + Amazon merger would create some ripples!!

https://www.google.com/amp/s/www.forbes.com/sites/christopherwalton/2019/07/25/amazons-new-partnership-with-realogy-is-a-prudent-act-of-desperation/amp/

We kind of stumbled our way into buying a 2nd unit in a 6 unit building which is currently managed by an association.

I’ve already notified the other owners in the building that I would be interested in their units should they want to sell and avoid Realtor costs.

What else could I do without coming off as too salesy?

In your opinion, Is this is a wise route to go down? Or, should we sell and shift the dollars into a duplex/triplex nearby?

My thoughts are that I could eventually own a great building for well under market value, but want to hear your thoughts!

What does the process look like in terms of phasing out the association that manages the building?

Built for landlords by landlords, ZenLord Pro's FREE platform optimizes every workflow related to property investor's rental portfolios. List properties, screen tenants, collect rent, track revenue/expenses & even find local maintenance vendors. Did we mention it's 100% free to use? One login. One Solution.

Join us for breakfast on the 25th! It's FREE!

Event details are below:

DATE: Thursday, July 25th

TIME: 8:00 a.m. – 9:00 a.m.

LOCATION:

Tractorworks Building in the North Loop

LeaderOne Financial

800 Washington Ave N Suite 901, Minneapolis, MN 55401

Parking will be validated if you park in the parking ramp connected to Tractorworks on the corner of 10th Ave N and Washington Ave., the entrance to the ramp is on 10th.

I'm searching for partners who are interested in helping various charities/startups throughout the Twin Cities. 

By donating labor, time and/or materials, we can bring down the overhead of each project. When each home is sold/rented, the proceeds are donated to a charity selected by all members of the group!

If you're interested in bringing this to life, comment below or send me a personal message to dive deeper!