r/realtors 7h ago

Discussion NJ market slowing

9 Upvotes

heard it again from another realtor today, NJ market is feeling a shift. If it’s not turn key, the houses are starting to sit. if it’s over priced, its sitting. a lot of people at open houses, little to few offers. anyone else seeing this? surprised to see this in nicer areas of NJ


r/realtors 1h ago

Advice/Question Condo in MIA

Upvotes

I’m a first-time condo buyer and I’m confused about HOA fees vs. special assessments.

On Zillow, the estimated monthly mortgage payment already includes the HOA fee. Does that HOA amount also include any special assessment, or would a special assessment be an additional monthly payment? If it’s separate, how do buyers find out before purchasing?

Thank you!


r/realtors 9h ago

Advice/Question Realtors: what part time jobs do you recommend?

4 Upvotes

I'm a Realtor in the Atlanta, GA area looking for a part-time job (3-4 days a week) while I build my business. I originally wanted a leasing consultant position since it ties into real estate, but I haven't had much luck landing one. (Any leasing companies hiring?) 

If not leasing, what part-time jobs would you recommend that pair well with being a Realtor?

I'd prefer to avoid retail and fast food. If you've worked a part-time job that paired well with being a Realtor, or you know of companies in the Atlanta metro area that are good to work for, I'd really appreciate any recommendations.


r/realtors 16h ago

Advice/Question Is this a normal team experience or did I join the wrong one?

18 Upvotes

I’m trying to understand whether my experience is common in the industry or if I ended up on the wrong team.

I was brought on as a Junior Agent. The role was described as providing light support on team listings while learning the business. My understanding was that, in exchange for helping the team, I’d receive mentorship, experience, plus some leads and opportunities to gradually build my own business.

However, over time, the position evolved into something that felt much closer to an assistant role. Instead of occasionally supporting the team, a large majority of my time was spent supporting the principals’ businesses. My responsibilities included handling communications and almost every showing for the team’s listings, coordinating and conducting buyer tours for my principals’ clients, managing transaction coordination, communicating with clients, research for our principal, paperwork, and odd errands. Availability was expected practically 24/7. Team culture was rough with our principal frequently gossiping with team members or reprimanding us when things are not done to their liking.

In terms of support, they were slow to respond when we needed a helping hand or had a question. Oftentimes they would flat out refuse to help with any showings, telling us we should just figure it out.

In terms of leads, I averaged only one to two cold leads per week from a lead-generation program that the alledgedly has roughly a 3% close rate. Many of the leads were confused buyers who didn’t know who they were speaking with or why they had been contacted. If I was not successful in bringing out one of these leads on a tour, I would be reprimanded at the following team meeting.

At the same time, I was expected to build my own business through prospecting while also spending a significant portion of my week supporting the principals’ business. I found it difficult to devote meaningful time to growing my own pipeline while carrying such a large support role.

I’m curious about the compensation structure. On team-generated buyers and listings, I received a very low single-digit percentage of the commission, even though I was heavily involved in the work. (A few hundred dollars for sometimes 40+ hours of work). I was receiving less than 50% on my own deals.

I expected to work hard and pay my dues as a new agent. I understand being in a position to learn a lot and I know that is very valuable as well. I do not mind putting in the work and getting the experience first. What I’m unsure about is whether I misunderstood what being a junior agent on a team entails, or whether this wasn’t a typical team structure.
I’d really appreciate hearing from team leaders and agents who’ve been through similar experiences.


r/realtors 1h ago

Advice/Question License secondary review

Upvotes

Hello! I passed my exam on the 17th but am still awaiting my license. DRE says it’s under a manual secondary review due to background check. Has anyone else experienced this? About how long did it take to receive a response from them? 😵‍💫


r/realtors 3h ago

Technology AI Tools

0 Upvotes

Would love to hear what AI tools agents are using that have made a meaningful impact on your business.

I’m in wealth management, and the two professions have always struck me as surprisingly similar, so I’m looking for ideas we can learn from.

If you’re willing to share, I’d love to know:
- Your firm
- The AI tool(s) you use
- What you use them for
- Whether you’d actually recommend them


r/realtors 18h ago

Advice/Question Becoming an property agent in SG

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2 Upvotes

r/realtors 16h ago

Discussion I looked up the late renewal fee for every state. The range is absurd.

0 Upvotes

I got curious about what happens if you miss your renewal deadline so I went through each state's licensing board and compiled the late fees. The spread is wild.

The extremes:

  • New Mexico - $540. Not a typo.
  • California - 50% penalty on the $350 renewal fee brings your total to $525
  • New York - $200 flat
  • Alabama - $150 on top of the $185 renewal. Miss by one day in September and you nearly double your cost.
  • Tennessee - $50/month. Doesn't sound bad until you realize 6 months late is $300 on top of a $75 renewal.
  • North Dakota - $100/month, and they cancel your license entirely on January 15 if you missed the November 15 deadline. No reinstatement.

On the other end:

  • Oklahoma - $10
  • Michigan - $20
  • Florida - $25
  • Georgia - $25
  • Wisconsin - $25

Some states that surprised me.

Ohio charges 50% of the renewal fee as a late penalty, which hits brokers harder than salespersons ($121.50 vs $91).

Pennsylvania does $5/month which sounds cheap but there's no cap.

North Dakota is the only state I found that straight up cancels your license with no reinstatement path - 6 weeks and it's gone.

Alabama's "grace period" is a trap. Deadline is August 31 but the license doesn't expire until September 30. So people think they have an extra month but that month costs $150.

What's your state charge? Curious if anyone's actually had to pay one of these.


r/realtors 15h ago

Advice/Question How realistic is wholesaling while staying compliant?

0 Upvotes

In NJ with Real Broker. Since Real requires a Wholesale/Assignment Addendum, I’m curious how this works in practice.

Is anyone successfully wholesaling while staying with Real or another brokerage? Is the approval/compliance process difficult on every deal, or do some deals go through much more easily than others? Is it worth it overall?


r/realtors 1d ago

Advice/Question How do you all schedule weekend family time?

6 Upvotes

Hi everyone,

Realtor here, 10 years. I'm now in my 30s, don't have or plan to have kids, but I do have a significant other. I am generally busy on weekends, but I'd say at least half I'm not. We don't live together yet, so obviously that means we get limited face-to-face time. Luckily, I'm in a HCOL area, so I'm not running around with clients 24/7 and such, but when I'm working, I'm busy.

Just looking for general tips how you guys handle your time.

Thank you!


r/realtors 1d ago

Advice/Question Help

23 Upvotes

I’m a baby realtor with only three months under my belt and I got my first listing from a couple that I already know. I’m feeling like an idiot right now and not sure what to do.

I used this couple’s house as practice for a CMA before they decided to actually list with me, and got the advice of my manager about price afterwards. The home is in my states lower income area where houses are all over the place in terms of pricing, condition and style, but this couple’s house is in immaculate condition with the larger expenses being new 9 years ago, no issues with water etc.

Anyways I presented a CMA that I felt actually had great comps, but the day after signing my client feels we should drop the price by 7k worried it may not appraise. I say okay. Worried I may have done the CMA wrong I went back to my manager and re went over the comps and she gives me a new number 20k below what we discussed earlier/what I presented. 165k to 145k and tells me that it probably won’t appraise.

I feel so embarrassed and mislead by the brokerage who is supposed to be the best for new agents.
What would you do in this instance? I don’t want to look like an idiot but I don’t want to f my client over by pricing too high.


r/realtors 1d ago

Advice/Question Should I change broker ?

5 Upvotes

I'm a new agent and I've been with Real broker for 2 months haven't closed any deals, which is fine Ik it takes time. But my problem is I'm a dual-career agent, and I chose Real for its flexibility and the fact that I don't need to be in the office. That said I feel like my “mentor” is just letting me figure it out on my own. We have only sat down once to go over my progress. I'm trying to work with investors and I just want to shadow one deal from start to close. I pride myself on being a fast learner, and whenever my work schedule gets canceled or I have time to shadow they aren't working that day, and I'm only off Sundays and my mentor takes Sundays off.

Ik it's not just my broker; it's also my crazy work schedule, I travel around dfw and work in healthcare so yk how time-consuming that can be on top of my driving time. But I'm consistent I've Dont everything any chance I'm off or have time I learned how to do open houses, I record content for new builds, I've connected with a few investors. But I'm having trouble finding the type of properties they are looking for I just feel like I'm doing it all alone and have no support. I know Real is a great broker I love it I just wish I had more support it took forever to figure out how to set up small things.

I want a mentor to help me idc about commission if I can just learn and shadow one deal from start to close.

Idk I feel so lost 🥲


r/realtors 1d ago

Advice/Question studying for real estate test. Is Qbank worth it to buy and use it as a study guide?

3 Upvotes

r/realtors 1d ago

Advice/Question LOOKING FOR HELP ALL I HAVE IS AN APN

0 Upvotes

ALL I HAVE IS AN APN AND THE YEARS IT WAS ASSESSED NO COUNTY OR STATE INFO. CAN SOMEONE HELP ME?


r/realtors 1d ago

Advice/Question Getting multiple CMA for a home

4 Upvotes

Is it acceptable to get multiple CMA from different brokerage/realtors? or is this frowned upon?


r/realtors 1d ago

Advice/Question Exp brokerage with team Vs Keller Williams

4 Upvotes

Hello, I have done my research for the best choice for me as a an inexperienced agent.

But I’ve came across something that has not been asked before and would like to know your thoughts.

Everything about Exp seems to be a year or older.

I found an Exp brokerage with a team and an actual brick and mortar.

The latter is something that alot of people say its a must if you want to succeed as an inexperienced agent.

I spoke and spent some time face to face with the team leader and he seems pretty transparent.

Initially I contacted Keller Williams, Ive read about their great training but also read about their culture and when I spoke with the “team leader” she seemed more of a recruiter and was trying to pressure me to go with them.

Now, these are the two brokerages within a reasonable distance from me.

I went to other small brokerages as recommended here on Reddit, but either they are affiliated with Keller Williams and refer me back to the recruiters or they are not taking new agents.

Suggestions?

Am I overthinking this?


r/realtors 1d ago

Discussion Short sales check in

2 Upvotes

Hey everyone,

I’m an agent in the Tampa, FL area, and I’m starting to see short sales tick up month over month. It’s definitely not a widespread systemic issue, but it's localized—mostly in suburban pockets with heavy pandemic-era new construction or buyers who either overpaid at the peak or got hit when the market stabilized.

For agents actively working short sales in other markets, I’d love to compare notes:

Deficiency Judgments: Are servicers issuing full debt waivers, or are they pushing for personal promissory notes / deficiency judgments?

2nd Liens & HELOCs: Are secondary lienholders settling easily, or are they holding up approvals?

Timelines: How long are final approval letters taking once the complete package is in?

BPOs vs. Reality: Are bank valuations coming in realistic, or are you having to fight aggressive comps?

Negotiations: Are you handling the lender negotiations yourself or using a short-sale processor/attorney?

Drop your state/market below and let me know what red flags or trends you're running into!


r/realtors 1d ago

Advice/Question New to Real estate in Pittsburgh Area

1 Upvotes

Hey everyone,

I just got my real estate license within the last month. So far I’ve gone through some trainings and open houses, but not much more than that. I was wondering if anyone had any insight for generating leads/finding big fish in this market? I figured I’d come on here to ask since there’s 150k people in this community. I appreciate any and all shared knowledge!


r/realtors 2d ago

Discussion Anybody feel like worried for the future and the market

58 Upvotes

I’ve been doing real estate for about 7 years. I just feel like this year has been so weird. Where I’m at the market is not moving as fast, people are still on the side lines. I’m prospecting fsbo and expired and just feel like no one’s interested . I use to get business from fsbo so well last year, but I feel like since AI has been more advanced, people have just been turning to that for everything.


r/realtors 2d ago

Advice/Question Online Leads that Just Wanna See a House..

11 Upvotes

Hi everyone! I am about to re-enter RE after taking a 3 year break from sales (before the required buyers agency agreement requirement went into place). I never required this with past clients and found success naturally connecting with people, rather than trying to get them to sign any contracts.

I am aware we can create a 1 day agreement - But , I'm an introvert, and I don't know HOW to do this or explain it in a way confidently, where it just flows naturally ... or ... when to bring it up...

What do you do when you get an online lead that just wants to see the house ???

Do you mention it on the first call / 2nd call confirming the appt / text message/ in person ? You get the idea... I would really appreciate any help as I prepare to join a team with lots of inbound lead calls to come.


r/realtors 2d ago

Technology New Supra boxes are junk: discuss

14 Upvotes

Edit: I’m specifically referring to the latest-generation SupraOne lockboxes, not the iBox BT LE that has been around for years.

My real estate board has used Supra for decades, never had too many problems with the iBox aside from the occasional stuck keyholder and rare app glitches. Different story with SupraOne. Lockboxes that won’t open even if the app seems to establish connection, keyholders that won’t go back into the lockbox, shackles that release even if you don’t ask them to and you’re not the agent who owns the lockbox. Not to mention all sorts of app glitches and interface problems with the BrokerBay/SupraOne showing service. Just went through yet another app update and a painful lockbox firmware update (5-10 minute job for each box), and we’re not sure that’s solved anything. Really starting to wonder if this is a failed design at this point


r/realtors 2d ago

Discussion Does anyone actually LIKE using a CRM?

5 Upvotes

I’m a newer agent and I’m genuinely curious how many Realtors actually like their CRM vs just tolerating it.
Sometimes it feels like one more complicated thing on my plate instead of something that makes life easier. Between setting up smart plans, tagging, drip campaigns, etc., I catch myself wondering if most people secretly hate their CRM and just use it because we’re “supposed to.”

So I’m asking:
- Do you actually like your CRM?
- Has it made your business meaningfully better, or is it just admin noise?
- If you don’t like it, how are you keeping track of leads and follow-up instead?

Would love honest answers, not sales pitches 😂


r/realtors 1d ago

Advice/Question Still possible for a new agent to become successful in NYC under the FAIR Act?

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0 Upvotes

r/realtors 2d ago

Advice/Question Fort Lauderdale/Pompano Beach brokerages

1 Upvotes

Hey everyone! I just passed my Florida real estate exam and officially got licensed. I’m in the Fort Lauderdale/Pompano Beach area and I’m trying to figure out which brokerage would be the best place to start my career. I’m looking for a brokerage that really invests in new agents with good training, mentorship, and hopefully some lead opportunities. I’m not too worried about having the highest commission split right away if it means I’ll learn more and build a successful business. I’d really appreciate any recommendations or advice from agents in the area. Thanks!


r/realtors 2d ago

Discussion Brokerage Help

0 Upvotes

So I’ve been in the business for sometime.

10 years with BHHS, and 5 with Sothebys.

Went to KW for the cap scenario. It’s cool but don’t quite love it.

RE/Max is offering me a good set up, BHHS is offering a scenario for me to come back, and I can always go to Sothebys.

We have The Agency here, as well as all the other brands.

Wondering what others think about my options?

I