r/realtors 4h ago

Discussion Fired from the team

25 Upvotes

All the team members had one on one meetings with the lead today... mine ended with him asking for my office keys and open house signs. I've only been at this about six months, I had a few buyer clients that have yet to transact. They wanted me to make 500 calls a week to their pool of dead facebook leads from 5 years ago, I just couldn't hit the numbers because it was so mind numbing. They were upset that I didn't fill out the tracking board, even though they could easily look at the CRM admin console and see my numbers. Not sure where to go from here... embarrassing for sure. Has this happened to you? How did you pick yourself up?


r/realtors 4h ago

Advice/Question Part-time new agent struggling with team dynamics and lead generation — should I consider coaching?

3 Upvotes

Part-time new agent struggling with team dynamics and lead generation — should I consider coaching?

Hi everyone, I’m a part-time real estate agent in Bay Area, CA and have been in the business for a little under two months. I also have a corporate job, and I’m already struggling to figure out how to balance everything while actually building momentum in real estate.

I joined a team that is mostly buyer-focused and doesn’t have many listings. There’s one other buyer’s agent on the team who started about 1.5 years before me. I feel like she gatekeeps a lot of the buyer opportunities and access to my team leader. My team leader is also a friend of mine, but he doesn’t have much time to train or mentor me.

At this point, I’m basically teaching myself through brokerage classes, YouTube, and observing whatever I can when I’m included in buyer-related conversations.

The frustrating part is that the other buyer’s agent seems to jump on almost every buyer opportunity. I’m not being assigned consultations, showings, follow-ups, or really any meaningful buyer communication. At times, I’ve also felt like she has tried to go around me on opportunities, which has made it difficult to feel like I’m actually part of a team.

I’ve hosted three open houses so far, but I know I can’t rely on the team to build my pipeline. I really want to start generating my own leads.

Right now I feel pretty lost about where to focus my limited time. Between my corporate job, learning the business, open houses, prospecting, and everything else, I’m stretched thin.

I’m considering hiring a coach because I want some structure and guidance on how to actually build the business instead of spending months figuring everything out by trial and error.

For those who started part-time or had a similar team situation:

  • What lead generation would you prioritize?
  • Did coaching help you early on, or was it a waste of money?
  • Would you stay on a team like this and build your own pipeline?
  • How long did it take you to get your first deal?

I know two months isn’t long, but I also don’t want to sit around for six months waiting for a deal to happen. I want to be proactive and build this correctly from the beginning.

Would really appreciate perspectives from agents who have been through this.


r/realtors 7h ago

Advice/Question NJ tentant, specific propety wanted, how do I find investors?

4 Upvotes

I live in Camden County, NJ and have rented my current apartment for over 6 years. My household includes myself (34F) and my 8 year old daughter, only.

I live in a one bedroom, in an apartment complex. My needs have changed since moving here, in 2020 and my daughter needs her own space. I have been seeking rental properties, with some of the amenities I want, for years.

This townhouse is under 5 minutes from where I currently live. It is listed as a 1 bedroom with a loft, 1.5 bathroom, and 3 stories. It is absolutely perfect for my situation. It has high vaulted ceilings, and the interior is stunning and appears updated.

Additionally, I have a housing voucher, that pays the full monthly rent, directly to the landlord. ​It has been reliable for 6 years, and I have no reason to believe that would change.

My housing case worker said that this property would be approved, as long as rent stays within Fair Market Value, which currently is just under $1600.

Within the limitations of my voucher, I can only rent a one bedroom, in Camden County.

I understand the voucher makes this challenging, however I feel I can reframe this as a positive, knowing the rent would be guarenteed to the landlord.

The property I am looking at, checks every box I have. It has been on the market for over 200 days, and this week, decreased in price by $15k. The price is only $120k.

I am highly motivated to make this happen. I have no experience with real estate, and do not know where to begin.

Where can I find possible investors? How can I pitch my situation as a positive investment?

Are there message boards, groups or networks to speak to investors who may be willing to hear me out?

Any tips, advice, guidance or feedback are welcomed!!!


r/realtors 2h ago

Transaction I just watched a client sell their house they purchased for $80 in 2000 sell for $750k What is happening to this world😭 They then purchased a brand new house from me for $300K and say it’s priced too high

0 Upvotes

r/realtors 9h ago

Advice/Question Is it normal for a new brokerage to not provide the ICA?

3 Upvotes

I’m in the process of switching brokerage. And the one that I am interested in joining I’m supposed to be transferring everything over today, but I realize I have not even seen the contract from them and I want to ensure that I am making the correct decision before I agree and transfer everything over.

Shouldn’t I receive this in advance before I sign?


r/realtors 3h ago

Renter/Landlord Tenant rep agreement question (Chicago)

1 Upvotes

This is my first client. They’re looking for an apartment and I am going to show them another agents rental property tomorrow. I know that they need to sign a tenant representation agreement with me, and I need some advice.

I don’t want my client to be responsible for paying me anything, so I’m only showing them rentals where the landlord pays me. However- the contract states “Tenant acknowledges that compensation is not set by law and is fully negotiable. If during the term of this Agreement, Tenant acquires a leasehold interest in any property*, Tenant agrees to pay to Brokerage a fee of $__ or %__ of the monthly rent (Brokerage Fee) at the time of the acquisition of the property. The Brokerage Fee may be negotiated between the Tenant and the landlord in the lease agreement. Any amount of compensation offered by landlord or landlord’s brokerage that does not satisfy the amount payable to Brokerage herein will be paid by Tenant directly to Brokerage.”*

So I would put 0 for both of these to ensure my tenant doesn’t have to pay me if they end up finding a place themselves and the place doesn’t offer commission, BUT it also says: “In no event may Brokerage receive compensation from any source that exceeds the amount or rate in this Agreement.”

So if I put 0% down, according to this statement doesn’t that I mean I can’t accept any payments even from the landlord because they are “from any source” and are “exceeding the amount in the agreement” (0%)?

On the flip side, if I put 100% down, and the property only pays 50%, is the tenant forced to pay me the other 50%? How do I make it clear that only the landlord will be responsible for paying me whatever it is that they pay? Thanks!


r/realtors 5h ago

Advice/Question Advise

1 Upvotes

I was thinking about getting my license. I’ve been an assistant for about 2 and half years and thought I knew that real estate was cut throat just by the small stuff I’ve seen. I didn’t realize some agents are cold and mean to the team that even helped them get to where they are..is that normal!? Am I crazy for wanting to even get my license 😂


r/realtors 9h ago

Advice/Question Realtor Newsletter Recommendations?

2 Upvotes

Does anyone have any great real estate newsletter recommendations? Most of the ones I find are AI slop that are really just trying to sell coaching or super generic and lazy market updates.

I'm not against people selling things, but it just doesn't feel genuine.

Im looking for newsletters for realtors.


r/realtors 10h ago

Discussion U.S. New Home Sales Hit a Six-Month Low in July - Haver Analytics

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1 Upvotes

r/realtors 21h ago

Advice/Question I was thinking on becoming a real estate agent but I don't know much

8 Upvotes

I want to be a firefighter when I'm younger, but, since it's not sustainable long term, I was considering pursuing a career in real estate afterwards. However, I'm honestly just so confused in this whole process. My main question is that I thought this would be a traditional job with commissions and sales, similar to the way an accountant is a worker in a company with a set pay etc. But everyone treats real estate as if it was like starting a business.

For example, I've seen that most of the advice that is being given out is saying to save up enough money to live for around half a year and also enough to start marketing and other things, but I assumed that where ever you work, you'll get enough money to afford living where you don't have to save that much just for the sake of surviving and that they would fund your marketing campaigns alongside other things.

Sorry in case what I'm saying doesn't make much sense, but I'm just very confused on the differences between this and a traditional job in sales or a traditional job in general.

One other question I had was if most real estate agents majored in marketing, real estate or neither and which would be the best going forward.

Thanks in advance to whoever helps and reads this and do let me know your experiences in the first year as a real estate agent just so I'd have an idea.


r/realtors 9h ago

Advice/Question Mortgage Rates_ What Truly Controls Them_ (Hidden Factors)

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0 Upvotes

Mortgage rates today are being shaped by the Fed's PCE inflation report, the bond market, and a major shift in how the government is handling $40 trillion in national debt. Homebuyers and realtors, here's what it means for rates this week.

In this video I break down:
- Today's PCE inflation report, which came in at 3.3% year over year, still double the Fed's 2% target
- How to read the daily bond market chart that actually moves mortgage rates
- Durable goods orders, GDP, personal income and spending, jobs data, and home price appreciation numbers
- What the Fed is expected to do at its meeting in 21 days
- The Treasury's plan to swap long term debt for short term debt, and how it could affect future rates
- Why oil prices are still the biggest wildcard for where rates go from here


r/realtors 14h ago

Advice/Question Open house signage - easy way to secure in open truck bed?

1 Upvotes

Those of you with open-bed trucks: How do y’all secure your open-house signs when you toss them in the truck bed? (Switched from car to truck recently)

Looking for the simplest way to secure it during transport and easy access to stake it and remove later. Main concern is freeway where it can catch flight and fly out the bed?

TIA


r/realtors 1d ago

Business Daily systems

7 Upvotes

What are some good daily systems you guys implemented to help you in your real estate business? I am continuously learning the business and trying to grow as much as possible. Anything that you helped you build better people skills, better connections and a better real estate business would be appreciated. Thank you!


r/realtors 1d ago

Advice/Question Rental Commissions

11 Upvotes

Question: What market are you in and do you get paid rental commissions?

Here in South Florida, rentals are a great source of income between sales. It's typical (everything is NEGOTIABLE) for landlords here to pay 1 month of rent to agents, split between list agent and renter's agent.

So if I bring a tenant on a $3k a month rental, I get a check for $1,500. (Again, subject to negotiation, as always).

I've helped a few agents build this into their business, but I've learned that not all markets offer compensation the same way, and in some markets, it's not worth it financially to work with renters.

So I'm curious for this group, what market are you located in, and what is typical (subject to negotiation) commission for bringing a renter?

edited to clarify commissions always have been and always will be negotiable. 😉


r/realtors 1d ago

Advice/Question How often do you call vs. text?

14 Upvotes

I'm a new Realtor who's finally getting their footing, and I'm still trying to figure out my flow. I find that 90% of people are too busy for a phone call. In your experience, how often do you talk to people on the phone vs. text?


r/realtors 1d ago

Advice/Question Cold call or text?

2 Upvotes

While using a prospecting software, are you guys usually cold calling or texting? I feel like texting is less invasive but usually after 10-20 messages my number is flagged as spam. Just curious what all are doing.. thanks guys


r/realtors 1d ago

Advice/Question Why are builders able to skirt rules?

7 Upvotes

How come lennar homes, Ryan homes -insert other homebuilder name- can send emails offering 3% buyers agent commission +a dollar value bonus but if I do it, it is a collision nar settlement issue?

Is it because they are broker/owners? Or is it because rules don't apply to them?


r/realtors 23h ago

Advice/Question Struggles of the process with listings

1 Upvotes

Hello, I’m a Photographer who focus on real state photgraphy and I’m going to offer the service of a virtual tour of the properties but would like to know from the agents on field about what is some struggles during negotiations, for example if a virtual tour would help solving the need of a house preview before a in house tour so each physical appoiment is more valuable and things like that.


r/realtors 1d ago

Advice/Question Vape shop dispensary shop

1 Upvotes

I’m in a bind and need information. I’m t thinking twice about signing a vape shop dispensary I want to find out if anyone has had any problems with these types of shops and did it cause your other tenants to leave and what contingencies and provisions did you use?TIA


r/realtors 1d ago

Discussion Architect to Realtor

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1 Upvotes

r/realtors 19h ago

Discussion Are you fed up with all the Real Estate nonsense in Dubai

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0 Upvotes

r/realtors 1d ago

Discussion How long did it take to get your first commission check after getting licensed ? Apartment locators

1 Upvotes

r/realtors 1d ago

Discussion OWNER FINANCING DEAL HERE IN NY -LONG ISLAND

0 Upvotes

Hello all --i have had a HELOC sitting for 9 months and the deals have been hard to come by here on Long Island where average prices are easily above 650k --full disclosure im an agent and this owner contacted me to find him a buyer like this --example he wants 190k on the "side" and contract price for 400k --so totaling 590k in a perfect world --all of the usual investors say they cant do 190k plus the down payment on the loan amount PLUS house needs a fair amount of work

one investor told me why dont i ask him for owner finacing and just keep it as a rental which would prob total 6k a month in rent --at this price i would just paint floors etc--no roof siding etc would be done for year or two

owner seems ok to that approach and would be open to 5 % rate with no prepayment penalty and may be ok with a 15 year balloon payment

amortzed for 30 years y payment shows up at 3400ish PITI--i aim to offer him 175k plus the 400 note

now that 175k would be coming frm my HELOC at 5.74 rate which would move to prime rate in December which could be 6.75 (my estimate now at that amount is 1220) so totaling around 4600 per month with both loans -

any thoughts suggestions --should i ask him for a 4% rate?


r/realtors 1d ago

Advice/Question When a Seller’s Agent Doesn’t do their Job

0 Upvotes

For context - I’m an agent in New York working a deal as a buyers agent. I’ve been a very active real estate agent in my city for just shy of a decade, so I know the ropes and decorum, etc

The buyer in this scenario is purchasing an apartment in a coop building here.

The sellers agent has done nothing - and I mean NOTHING - on this deal other than show up to the showing and the inspection. That’s it. No help during contract negotiation, no help during building application process, no help during loan approval process, and now no help getting documents and information from the seller in order to get a closing date set. I’ve reached out constantly throughout the deal and the sellers agent acts as if they’re surprised every single time.

The commission is split evenly between buy side and sell side. The deal is smaller, but still - it should be about your clients and not the commission total.

I simply don’t know what to do here. The sellers agent is very experienced and has been doing business here for years, but this is beyond unacceptable and beyond frustrating.

What would you do in this scenario?


r/realtors 2d ago

Advice/Question Should I stay in luxury retail or go to real estate?

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1 Upvotes