Advice

  • (6 Contributions,
  • 0 Best Answers,
  • 6 Helpful)

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What is an average realtors fee %

Answer

Hi,I know you are in Staten Island so I'm not sure if it's the same rate, but a lot of agents in Manhattan will charge 6 percent. Sometimes people will charge a little bit lower if the property has a very high property value or if they are fighting for your listing. Some agents charge 6 percent regardless of how great of an apartment/house it is. The best thing to do is ask at least 5-6 different local agents at different companies and see what they usually charge. You want to make sure you find someone who is not just going to charge the lowest percentage, but really the person who is going to do the best job.

  (0)
How do you Spend your Online Dollar in Real Estate?

Answer

Photos can be a great way to help improve the quality of your listings; however, I think something that is really starting to stand out is the virtual tours. If you ask someone to create a video of a particular listing, it might be more expensive, but it will show people that you are very serious about your job. This doesn't work 100 percent of the time, but I know more and more real estate professionals are using this approach.

  (0)
any advice how to market a new real estate agent?

Answer

I think it depends on where you are working, but generally speaking it's important to be familiar with the area you are marketing and to meet as many people as possible. I can't tell you how many times I've met clients initially while playing basketball, visiting a museum, joining a club, etc. In addition, social media can be your best friend. Use Twitter and Facebook to let people know what you are doing. Email your friends and family and let them know you are getting in the business. That's one of the best ways to get started. Hope everything works out!

  (0)
Is the real estate test as hard as they say it is...

Answer

Hi Anna Marie,I think it really depends on your preparation. While I did pass the test on my first attempt, some people are good test takers and others aren't. Specifically speaking about Manhattan, I know that most of the material that was covered in the test isn't information that pertains to this market. My best is advice is just try pass as quickly as possible from your start date. I think it's more efficient to pass on two attempts if you finished everything in one month than to pass on your first attempt 3 months in. That being said, there are some people who need to take the test 5 or 6 times before they pass, but end up being the best real estate agents. Conversely, there are some people who pass on their first try, but get out of the business before they can really grow. Best of luck!

  (6)