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1 July 2020 | 25 replies
More importantly, you'll learn what goes into managing the property, which will help you in the future whether you choose to manage your own properties or manage a property manager.
12 June 2020 | 11 replies
Depending on the suburb you choose to invest in, you can find countless landlords and desperate sellers trying to get out.
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12 June 2020 | 17 replies
College is only 4 years, but the real world, responsibilities, taxes, bills, and all that nonsense will be here whenever you choose to join it.
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11 June 2020 | 2 replies
This change and overall unsteadiness has really heated up over the last 5 years due to new streaming platforms and everyone trying to fight for viewer's attention.
10 June 2020 | 1 reply
Do I have one overall price at the top of the lease and have the individual price in the body of the lease agreement for them to choose from?
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11 June 2020 | 6 replies
Do the type of leads matter in terms of choosing the small misleading postcard vs the big company branded ones?
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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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27 June 2020 | 7 replies
What risk do you have by choosing to rent anyway?
11 June 2020 | 3 replies
Just an example Yesterday, my motivated seller’s earnest money put up in a escrow of my choosing, Today, my cash buyer’s earnest money put up in a escrow as well howeva Its with his own title company which is different from my initial escrow, that I had, So tomorrow how will I transfer escrow funds from my original title company & put those with the cash buyer’s title company of choice?
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19 June 2020 | 20 replies
The other is a shooting star that looks pretty for a while, will burn out soon, ruin your reputation, and eventually you will run out of suckers to swallow.I choose a sustainable, transparent, AND profitable business model.So I guess it all boils down to personal preferences.