Archive for the ‘realty’ Category

How do I start a realty show on TV FAST!?!?!?

May 18, 2012 - 7:50 am 1 Comment

So I have this great idea for a realty show but i have no idea were to even start, who to call/contact, and how to do it!!! The producers would need to start filming by June 17.

WHERE DO I START!?!?!

please no more mindless reality shows!!!!!!!!!

How do realty companies make money?

May 16, 2012 - 8:19 am 2 Comments

I was watching this show shark tank recently and one of the ladies made millions and millions of dollars after selling her realty company, how do they make money, renting properties?

There’s different realty business models. Here’s a few:

- Charge a flat fee per transaction (instead of a % of commission) so you might attract realtors that do many transactions a year who are interested in just paying a flat fee instead of giving away a chunk of each commission.

- Charge low to no fees and charge a certain percentage of the commission. One company I used to work for charged 25% of each deal.

- Charge a high(er) monthly brokerage fee to absorb the costs of doing business (hiring staff, having the best and newest technology to keep your realtors happy)

- Charge for private offices within the brokerage

how to get started in commercial realty in Ontario?

February 10, 2012 - 10:16 pm 1 Comment

i am about to write the final exam and then i will be looking for a sales job, but do most brokerages offer training? OREA courses don’t do much for you at all in terms of the reality of commercial realty representation, so i’m going to be needing a lot of hands-on training. thanks.

I imagine it works similar to the way it works in the US. In the US the individual brokerage would provide on the job training or some sort of mentor-ship, but commercial brokers are a great deal more picky about rookies coming into the business so if you don’t have any sales experience it will be tougher to find a good broker. Often there is continuing education apart what is necessary for licensing that is valued. Where I am from one such program is with CCIM (see link) which can add to your credibility to your commercial real estate peers, and clientele.

How to check if coop connection or realty connection is legitimate or scam?

December 22, 2011 - 8:00 pm 2 Comments

I am looking for apartment and I find this place from Craigslist. I want to know how long has coop connection has been in business. If they are legal business?

Craigslist is full of scams.
Never give anyone any personal information online.
Never pay any deposits or give anyone account information
Only get an apartment if you can do a full walkthrough first, and ask the person showing you the place show your their ID to make sure it matches your lease paperwork. Do a background check on the property to see who owns it.
I’ve seen many, many scams where people give a deposit online, then get a key, and the key never fits the place

What is the probability that the home will take cooper realty more than 90 days to sell?

December 9, 2011 - 1:37 am 4 Comments

Assuming that a contract was just signed to list a home with an initial asking price of less than $150,000, what is the probability that the home will take cooper realty more than 90 days to sell?

100%

Why do banks sometimes list foreclosed houses with fly-by-night realty companies?

June 16, 2011 - 3:51 am 2 Comments

Most of the foreclosed (bank-owned) homes in Metro Detroit are listed with major chain realty companies (Century 21, Remax, Remerica, etc.). But some are listed with fly-by-night outfits that no one has ever heard of, and people at these offices can be extremely difficult to get a hold of (don’t answer calls, don’t return messages, etc), and have incompetent agents who couldn’t care less.

How can these outfits stay in business if they don’t seem to know the first thing about running one?

I have the same complaint! I will not even bother offering, there is no way that agent will close on the deal.

I am guessing the bank does not want to sell at this point in time and listing this way makes it appear like they are and they need that appearance for their insurance claim.

What time does Golden Touch realty in Casa Grande AZ open?

May 27, 2011 - 3:02 pm 1 Comment

I’ve called the numbers, looked at the website and can’t find hours of operation anywhere. Does anyone out there know what time they open? Thanks!

4:20

What is the best realty company to work for in Florida?

March 8, 2011 - 7:17 am 1 Comment

I’m looking for anyone who has worked for these companies Keyes, Keller Williams, Coldwell Banker etc. I already know that I need one that provides great training and mentoring, which is why I want details on your experience with these companies and which one you think is best. No generic answers please!

Keller Williams or Remax is about the best. Florida also has some small independent realtors that provide what your looking for depending on your area of interest.

How can a realty company take posession of my land and assets when I own it?

February 15, 2011 - 12:55 pm 7 Comments

A realtor has taken twenty feet of my land including a well and driveway claiming it as theirs. I have owned this land for over ten years although I’ve never fenced it or lived on it.

You may be mistaken.

You would have to have a licensed surveyor mark the lines in a dispute.

Is ‘Northwood Realty Services’ a good company to work for as a new real estate agent?

December 27, 2010 - 10:51 pm 1 Comment

I am a new agent and was curious about other agents experience with this office?

They are pretty good.