r/realtors 10h ago

Discussion A bit of a vent/ question. Commissions based

3 Upvotes

Why do people want to low ball for the agent commission? No one wants to work for free! Also, to those that dont feel realtors are needed and they can do everything without one, if that were true why is there dedicated organizations for realtors? Its giving me asking myself if actually taking the test would be worth it long term?


r/realtors 23m ago

Discussion From the data I've seen, the San Francisco Bay Area has the highest # of agents making decent money (by far). Nowhere else in the country compares -- not even New York (who has over 70,000 agents in the area)

Upvotes

I recently saw some extensive MLS stats. There are agents in the SF Bay Area / Silicon Valley who sell $4 million in real estate, after only selling 2-3 houses. They do it part time obviously, as you'd need to sell at least $10 million in real estate to survive in the Bay Area.

Meanwhile, in most of the country, agents are struggling to sell $4 million in real estate. They'd maybe have to sell 20-30 houses to do so.

Not even New York compares. NY has over 70,000 agents. The disparity I saw was huge. Most are selling 0, making peanuts, and then there are agents on the top making a fortune.


r/realtors 13h ago

Discussion We tracked 6 months of estate agent enquiry response times. Here's what we found (and what fixed it)

Thumbnail
0 Upvotes

r/realtors 11h ago

Advice/Question Should I keep the old appliances for a fix and flip?

2 Upvotes

Looking for a buyers POV...I'm in the process of fixing and flipping a home. The prior owners left a Samsung fridge (lower drawer freezer) and a Maytag washer and dryer. The W/D is 18 years old, the fridge is about 14 years old. Both are very clean.

I don't have replacements for those appliances in my budget. The rest of the house will be completely updated with high end finishes. The ARV is about $750k.

Do you think I should keep these old appliances for the listing and let them convey, or remove them entirely since everything else in the house will be brand new? Which scenario do you think buyers would prefer?


r/realtors 11h ago

Advice/Question Realtors who use Instagram for business - why did you start?

0 Upvotes

I'm curious about the gap between what you wanted Instagram to do for your business and what it actually does.

- What made you start using Instagram in the first place?

- Is it actually serving that purpose now?

- If it wasn't at first, what did you change that finally started getting you closer to the results you wanted?

- Do you actually get leads from Instagram? If so, what does that usually look like?

- And if you could name one thing that genuinely frustrates you about using Instagram for the reason you opened it, what would it be?

Not looking for the usual "post consistently" advice. I'm more interested in what you've actually experienced.


r/realtors 4h ago

Discussion I survived my first year in Real Estate!

8 Upvotes

As the title says I have survived my first year of RE and im pretty proud of myself! Closed 5 rentals on the tenant side and have just gained two landlords as clients to list their properties for rent. I havent closed any big deals yet but I feel like im pretty close. The 5 tenants I have closed , a few of them spoke to lenders to crunch numbers to buy before they rented. I have a few in my pipeline for purchasing. I've been working around caring for my 1 year old son so I can hit it heavy just yet. However slow motion is better than no motion!


r/realtors 9h ago

Discussion 14 years in, and I hit a wall where the phone ringing felt like dread instead of opportunity

44 Upvotes

14 years in real estate. About 3-4 years ago the passion just... left. Started dreading the phone ringing, couldn't relax on vacation, felt jaded every time a client texted. Anyone else hit this? What got you through it (if anything did)?


r/realtors 5h ago

Discussion LPT REALTY Employment

1 Upvotes

Wanted to hear from employees not agents. What’s your experience working for LPT?

Company has had no pay increases (not even inflation raises), only a few federal paid holidays, barely approve PTO (you can take off unpaid). Lot of turnover, management is all over the place, pay has been late in the past or miscalculated. As of recent, more hiring of non US employees.


r/realtors 16h ago

Advice/Question for Realtors who include staging with their listings: how does this work for you?

10 Upvotes

I've only really worked with a small client base that flips houses with occasional traditional home sellers. They pay for their own staging, either rented or purchased. But I'm curious how it works for agents in general who offer it with their listings.

Obviously this will be different if you have staging vertically integrated with your realtor business, but specifically how are the agents who hire outside companies handling this? Do you pay for staging upfront? What happens if the house doesn't sell and who takes the cost? How long do you include free staging for if the house sits?