Archive for March, 2008
Agent Recruiting: “Are You Happy?”
(post by BT) In our line of business, every office ties to hire every agent that walks in the door. Got a license? Got a pulse? Can you speak (and it doesn’t matter if you know English)? You do?! Great, you’re hired! That’s basically how it works. That’s all it takes. You drop by [...]
27Mar2008 | | 0 comments | Continued
Vastu Shastra of Real Estate
This is a Hindu version of feng shui. You might recall my previous post “Looking For a Space With a Compass” and this is an update (read that one first). Finally, we’ve found “the” location. Before the tenant can make his final decision, he must have a Hindu priest inspect the location to [...]
23Mar2008 | | 0 comments | ContinuedOpen House is a Scam
(post by BT) What a joke… sellers DON’T benefit from open houses. That is straight-up marketing for Realtors ONLY. I’ve held open houses, and who comes? The nosy neighbors, wondering what’s inside your house and comparing it with their house, dying to gossip about this crap with other neighbors. First the listing agent [...]
21Mar2008 | | 1 comment | ContinuedA Client Called Me Today… Referrals Rule!
(post by BT) A client called today. Said there is a property for sale, the owner just reduced the price by 20%, and he wants to buy it. I asked how he found out about the price reduction. He had viewed the property a few months ago, when it was for ‘sale by [...]
18Mar2008 | | 0 comments | ContinuedRent-a-Space (from your local self-storage)
(post by BT) I received a call regarding a warehouse for lease. It’s from another realtor. He tells me he is “confused” and does not understand the pricing. The space: 1500 sq ft warehouse, with a 1500 sq ft 10-ft high ceiling basement, asking $3,500 / month.
“Oh my God, that’s a lot! Would they split [...]
Section 8 Realtor
(post by BT) I recently received a phone call from a rogue agent with whom I worked on a deal about a year ago. She asked me to see if I had any Landlords that accept Section 8 (subsidized housing paid by the city). “Not at this time”, I tell her. “Well, Hon”, she says, [...]
15Mar2008 | | 0 comments | ContinuedGood Weather Hunting - Old School Realtor-ing
(post by BT) Today the weather looks good. Days like this, my mother would run into the office and shout “Lets go get some listings!”, as if the nice weather would make people come out of their homes and say “Wow what a nice day, I think I want to sell my property today! Oh, [...]
14Mar2008 | | 1 comment | Continued
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