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11 June 2020 | 3 replies
We're debt free, profitable, profit share, growing like crazy, and building unbeatable technology.
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12 June 2020 | 17 replies
Real estate involves a lot of understanding of finance, statistics, business best practices, negotiation, technology, and accounting.
11 June 2020 | 5 replies
Hello,I am newly working at a startup and I am trying to connect with office building owners with single pane windows that we could replace with a new technology that saves ~80% of the traditional cost.
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14 June 2020 | 1 reply
Full time educator that runs her other real estate school- Brokerage has own app where we store training videos and guest speakers from our events- Mentoring program for new agents to shadow experienced agent- Brokerage creates template personal site for me- 2 education classes/month via Zoom- 1 Sales meeting/month for education & motivation- 1 meeting/month on technology use, a staff member that deals with IT needs- 70/30 Split- $355 Annual Office desk due- 2% Transaction fee- No lead production, produce own leads, repeat & referral- 223 current & pending listings- Have had new agents close 20 homes in first year and other only 6 homes; variesBrokerage C:- This is Keller Williams, so probably pretty standard and y'all are familiar with them, I'm sure- Within my region: Own 12% of all inventory; 600 to 900 active listings and closed just under 3,500 homes last yearBrokerage D:- 21 agents in local office- Momentum Program for training- 95% commission paid on a transaction, fees included but you choose how much you want to spend (private office/shared office/WFH office,- Brokerage does not provide leads but can obtain leads from sister brokerage, no cost- Currently 82 listings, 50 active, states it is currently a seller's market- Goal is to sell at least $2,000,000 per year- Average sale price for last 90 days (8 properties) is $260,400Brokerage E:- Training videos available- Weekly sales meetings- Ninja sales training 2-3/month with Q/A's- Offer a one-on-one mentorship program for new agents- Mentor and I would split commission 50/50 first couple of transactions or when I'm ready to go solo- Lesser degree mentorship for 75/25 commission- $46.50/month Brokerage fees Plus $25/month on E's&O's- Own website on brokerage webpage for $10/month- 70/30 Commission split; 95/5 for sale milestones- Once you pass $5M in sales, you're still on 70/30 split until you pay out brokerage $20,000, which in turn split becomes 95/5- 3% broker fee each transaction with $3,000 cap- Can provide leads by signing and paying up for different things (ICC/OPCity/Buyside)- 255 active listingsBrokerage F:- Extensive 6 week onboarding process for training- No monthly fees; biz cards/signs/lockboxes/marketing all paid for- Provides leads- 2 CRMs that hold database of your clients- Usually 100 listings at any given time, lower now because of Covid- Minimal standard to remain with company is 24/year.
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14 June 2020 | 6 replies
As for equity, I would say that you cannot 100% rely on the accuracy of your technology since current loan balances are not public record information.
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19 June 2020 | 20 replies
With technology making communication, payments and locating vendors so easy, what else is left.
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26 April 2020 | 6 replies
Or stay in place and use technology instead of people coming through, you can get a digital floor plan made.
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1 May 2020 | 22 replies
Clay tile is old technology but if it isn’t collapsed I would be tempted to run it and see what happens
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30 April 2020 | 7 replies
The 54-year-old information-technology contractor said she had about $10,000 in bookings evaporate overnight in March.
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28 April 2020 | 0 replies
Hello All,I am starting out building a real estate investing company (typing up a business plan, etc.) and was wondering if any professionals out there had feedback for the tech that helped them stay productive. I cur...