/r/realtors

Photograph via snooOG

For discussion about what it means to be a Realtor or Real Estate Agent.

Industry-specific news, ideas, questions, stories and anything related to the business of selling real estate.

The term REALTOR™ is a registered trademark of the National Association of Realtors. This subreddit is not affiliated with the National Association of Realtors (NAR) but many of the subscribers are members of NAR. We are a professional forum and professionals should adhere to the NAR Code of Ethics.

For discussion about what it means to be a Realtor.

Industry specific news, ideas, questions, stories and anything related to the job.
Please post in /r/realestate for general discussion about real estate.

/r/RealEstate
/r/CommercialRealEstate
/r/RealEstatePhotography
/r/RealEstateForSale
r/RealEstateExam
r/Sales
r/Marketing
r/Business
/r/Mortgages
/r/PropertyManagement
/r/Landlord
/r/TenantRep
/r/Architecture


NEW Discord Server https://discord.gg/wpXRRpXW


SUBREDDIT RULES > READ BEFORE POSTING

  1. Posts and links to articles should foster relevant discussion, or involve some sort of relevant question.
  • If your post would be more relevant to general real estate please post to /r/RealEstate.
  • If you are a new Realtor or looking to start a real estate sales business and have questions, please try and search the subreddit for your questions before posting or start with our "New Agent Megathread" here.
  • NO bullying, hate speech, racism/sexism/discrimination, abusive language, or Realtor Bashing.
    • Absolutely no racism, sexism, or any other type of discrimination talk of any kind about any group. => Immediate permanent ban without warning.
    • No bullying and abusive language includes insulting, mocking or just being plain rude to other redditors. => Grounds for a permanent or temporary ban with a minimum of one warning.
      -- Yes, some people ask seemingly dumb questions sometimes, but that's no reason to be mean.
    • No bashing Realtors specifically or the Realtor profession in general. => Immediate permanent ban without warning.
      -- Sure, there are some bad practitioners out there just like every other profession, this is not the place for you to take out your rage and include all of them in your bias.
  • Post your real estate listing for sale at /r/RealEstateForSale.
  • Do not make any conversation that would violate federal antitrust laws. This includes discussions about commissions you are charging or broker splits. All commissions and splits are negotiable between the parties.
  • Links to websites with paywalls are not permitted.
  • It is not acceptable, by any means, to link or post promotion of a brand, business, product, service, brokerage, Realtor, or listing. This includes blog spam or links for SEO.
    • There is NO place for your product on this subreddit.
    • Don't post "we buy homes" or other offers to buy real estate.
    • Don't give free accounts, ask to test, or ask for opinions on your new software or service.
    • Don't ask our subscribers to take a survey or for ideas/feedback for new products.
    • No soliciting for referrals or recruiting. It's ok to post a referral you have.
    • Linking to a business in the comments is acceptable provided you are not promoting your self or business.
    • Learn why we don't allow you to sell your wares here.
  • Adhere to the NAR's Code of Ethics - Members of NAR posting and commenting here should not violate or give advice that would violate the code of ethics. If you are not a NAR member and give advice in relation to ethical concerns, please refer to the code of ethics and let the public know of your non-membership. Any content disparaging NAR will be removed.
    • If you are unsure if your post will violate these rules, discuss with the moderators before posting.
    • Understand Reddiquette before posting.
    • Spam will be removed.
    • If you see spam, report it.

    We are not affiliated with the National Association of Realtors and "Realtor" is a registered trademark.

    /r/realtors

    129,959 Subscribers

    1

    Holiday Production

    Hey everyone! As we approach the end of the year, I'm wondering: is it really possible to keep getting deals through November and December, or does business inevitably slow down? For those who consistently close during these months, what strategies or approaches have worked for you? I'd love any tips or insights on keeping momentum and securing deals through the holiday season!

    1 Comment
    2024/10/31
    18:25 UTC

    4

    Another agent removed my advertisement and put up their own sign in its place.

    I recently bought several ad signs to promote my business. Two days ago, I put one up in a busy area, and today I noticed it had been removed, with someone else’s sign put in its place. Is that allowed, or just part of business? It really annoyed me.

    24 Comments
    2024/11/01
    02:19 UTC

    3

    How do I figure out what requirments I need in another state?

    Hi all,

    I am a licensed real estate agent in Florida. I am also a member of NAR if thats relevant at all. I split my time nearly equally between Florida and Pennsylvania. I am trying to figure out what I need to do to get my license in PA. I tried reaching out to PALS but their phone takes you in circles with an automated machine. I then submitted a request and the response left me even more confused.

    I guess my question is, does anyone know where I can figure out what is needed? I know that there is no reciprocity between the states, but I was hoping perhaps I could skip the class to save money. Or only be required to learn the PA law section (idk if that's even an option).

    I have a nasty habit of getting annoyed and running with the easiest option, which is honestly just doing a whole other course and retaking the whole test, but I know that costs a good bit of money. So, I would really prefer not to buy another full course until I know for sure that I have to.

    Any suggestions for resources that I may not be thinking of?

    11 Comments
    2024/10/31
    20:29 UTC

    30

    Do you ever worry about the role of the agent becoming obsolete?

    If so, how are you preparing mentally and financially? In what time frame do you think major changes will take effect?

    150 Comments
    2024/10/31
    16:27 UTC

    2

    Recycling or Repurposing Old Yard Signs

    Hey everyone! Long story short, my team and I are switching brokerages and have about 50 Yard Signs branded toward my old brokerage between us all. Now the obvious route would be to throw them away and start a new. But I hate wasting lol. I'm not necessarily looking to reuse them as signs, but thought I'd reach out and see if anyone had some fun or creative ways to make use of these.

    9 Comments
    2024/10/31
    15:23 UTC

    48

    Be careful when you renew your Realtor membership that you don't check off "Donate" if you don't want to send the Realtors a donation.

    I have to word this so that I am not "Realtor bashing". So I am going to be as cordial and nice as possible with this info.

    On Realtor membership renewals, there is a box asking for a "Donation".

    The Realtors automatically check off a box and put in a dollar amount to "Donate" to them.

    Someone looking to renew their membership might not see that automatic "Donation" box checked off.

    Just a heads up if you are not looking to donate to the Realtors, be sure to make sure you don't accidentally send them a "donation" after clicking Pay Now.

    15 Comments
    2024/10/31
    05:46 UTC

    25

    Uno-Reverse Card to the NAR Settlement

    At least, hopefully.... Looks like there might be a challenger.....

    https://www.law.buffalo.edu/news/24oct28-monestier.html

    36 Comments
    2024/10/31
    02:10 UTC

    2

    Is this sub only for NAR affiliated agents?

    I’m seeing threads discussing non-affiliated real estate agent activities being locked or deleted. Genuinely curious as the description of the sub is for both “Realtors and real estate agents”. Most threads I’ve seen this activity on are specific to the recent NAR settlement, where NAR’s new requirements for its agents don’t necessarily align with state/ municipal requirements. E.g., NAR requiring buyer agency agreements signed prior to showings, while states don’t require this or even push back on it.

    19 Comments
    2024/10/31
    01:43 UTC

    2

    How many MLOs do you work with?

    Realtor friends…just curious as to how many MLOs you work with on average? And by ‘work with’ I mean how many loan officers do you refer clients to?

    I was surprised recently to learn a top Realtor is using only 2 loan officers. I just figured with the volume this realtor is closing they would’ve been using more MLOs.

    24 Comments
    2024/10/31
    00:05 UTC

    1

    Going on 2 months with brokerage

    I could really use some advice, what would you all do if you were in my shoes. Been with the brokerage for about 2 months & I know completely nothing. I don’t know how to operate the mls, how to get leads that’s suppose to be provided, how to do literally anything. But I know how to fill out a contract that’s pretty much self explanatory & was taught during licensing class. My point here is I have no guidance. I don’t need/want anybody to hold my hand & babysit me, I get it it’s a tough career, but to be thrown to the wolves with absolutely nothing just doesn’t seem right with me. I’m thinking about switching brokerages. Am I rushing the process or should I start look another direction ?

    1 Comment
    2024/10/30
    21:17 UTC

    8

    New realtor asked to do an open house pls help me!

    I have NO mentor. I am a completely new agent in NYC, in queens. There are only 3 other agents I this old brokerage. The brokers are really nice and not charging much in office fees or anything. But I have not done an open hode before and the other agents are not very nice or honestly team oriented which is ok. But now one asked me to do an open house for her after not even lettig me list her coop on FB when I asked. I already committed. If I find a buyer, it is MY buyer correct? And how do I make the most of this please? I will take any and all suggestions! What wld u do if u were me? Thank you for any help . I appreciate it very much!!!

    13 Comments
    2024/10/30
    20:56 UTC

    5

    Please ELI5 gap penalty

    In contract to buy a home for 270k and borrowing 120k of it from a lender. Appraisal came in at 265k. Realtor says I have two options, ask seller to lower the price 5k or I pay 5k. Why would I pay another $5k, where does it go and to whom?? She was unable to explain it well enough. Realtor tried to explain the lender needs to make sure the house is worth the money they’re lending but they’re only lending less than half the purchase price.

    TLDR I’m in contract and may have to pay $5k extra because I’m in contract to pay $5k over appraisal.

    39 Comments
    2024/10/30
    20:19 UTC

    3

    Advice for broker trying to help with less breaks

    Hey all! I’m an agent in NYC and looking to get more business with finding lease breaks on FB marketplace/craigslist and wherever else tenants post.

    My question is, can I help these renters find a new tenant by listing on Streeteasy and collecting my own fee from the new tenant? Or generally do buildings owners have exclusives with their agent that would disallow other brokers to advertising their units even on a lease break?

    Any help be greatly appreciated, this sub has been amazing.

    2 Comments
    2024/10/30
    19:32 UTC

    2

    Food bank drive

    Has anyone tried food bank drive in his neighborhood as a sort of advertising his real state agent to his neighbors and also helping Collecting donated food to help local Food banks?

    2 Comments
    2024/10/30
    05:34 UTC

    3

    Family Property in Foreclosure Might Be My Only Chance of Inheritance

    Hi everyone, I’m feeling overwhelmed by a complex situation and could use some advice. My family owns a property purchased by my grandparents (who both passed away earlier this year) around 23 years ago for approximately $70K. Unfortunately, it’s been vacant for a year and is in foreclosure. The last tenant left it in poor condition, so it requires costly repairs. I’ve been managing it for the past year and am driving myself crazy trying to figure out what to do with it. I listed it for sale on Craigslist to get an idea of its potential value, and while several people have shown interest, the offers have been between $40K and $75K, which feels low considering it’s less than the original purchase price, even accounting for the needed repairs. Similar homes in the area are selling for $190K–$250K.

    The property has been in foreclosure for a while, and the lender is close to taking it, so I’m feeling a lot of pressure. The payoff amount is a little over $70K. My mom is the only surviving person on the deed, but she does not want anything to do with it, so I’ve been handling everything. She’s willing to sign the property over to me, but I’m unsure if that’s the right move right now.

    I’m torn about what to do next. My goal is to get the most out of this situation to honor my grandparents’ investment, recoup my time and money, and avoid leaving my mom with any financial burden. I’m considering either selling the property as-is or taking on the purchase myself if I can find financing or an investor. However, I’m nervous about making the wrong decision, especially since this property might be my only real inheritance from my grandparents. At this point I don’t even know if it’s worth the stress…

    I’m open to any advice on how to proceed, especially from anyone with experience dealing with foreclosures or creative financing options. I’m also not completely against working with a real estate agent if it would help, though I’d prefer to avoid agent fees unless necessary.

    15 Comments
    2024/10/30
    06:51 UTC

    0

    Should I stay?

    New agent here (4 months in) and I live in a smaller city with only a handful of brokerages to choose from. The one I’m at now is a local brokerage with great agents.

    My split is 70/30 until $100k then 90/10 after… $100k a year in my area is hard to get to lol. I have no monthly fee right now because I’m new, but in a couple of months I’ll be paying $250 a month. I’ve got no required office hours or anything like that, but with that we have zero meetings, and there was basically zero training for me when I started. Everything I’ve learned was from doing and asking as I’m doing—which is a good way to learn, but it would’ve been nice to have some real training about the forms and how to write strong offers, etc…

    I started at the same time with another new agent with the same mentor. I’ve co-listed once with my mentor and it sold recently after sitting on the market for a while. The other agent is on the third co-list with my mentor. There has been no mention of me getting to co-list again, and I’m worried there won’t be at all.

    I’ve got nothing against any agents personally including my mentor as I think they’re very knowledgeable. However I’m concerned that my “training” phase is now over and I will be left on my own. I understand I have to work to get where I want to be, I just think there’s favouritism between me and the new agent and I got the short straw

    I’m really not sure what to do as there aren’t any other brokerages in my city I’m interested in (there are 5 other options—one broker never replied to me when I inquired about an interview, two of them are companies I don’t really like how they present themselves and their agents, one of them all the agents left because it’s so poorly ran, and the other is another small local brokerage but they don’t interest me at all lol). The next city over has a ton of more options with agents who work out of my city so I think that’ll be my next move, but I would love some advice from agents who have been in similar situations. I don’t want to leave so early on because I’d like to repay my brokerage for what they’ve given me to start, but I also want to better my business and I’m not sure I can excel at this brokerage in the long run.

    19 Comments
    2024/10/30
    06:23 UTC

    0

    Commissions & Lawsuits & Lions & Bears, Oh My!

    There is a lot of discussion about the recent settlement and how we as agents and brokerages will do business, what we will charge, etc.

    Let's not forget that we are STILL required to not engage in discussions that can be considered as fixing pricing standards, collusion, etc., or any other anticompetitive discussions!!

    13 Comments
    2024/10/30
    05:32 UTC

    0

    Should buyer's agent get same amount of commission as seller's?

    Seller's agent has expenses like staging and photography and marketing. Buyers agent has more vehicle expense but that's it. Amount of time spent? On average, how does that compare?

    17 Comments
    2024/10/30
    04:32 UTC

    2

    Best volunteer choices for lead gen

    Hello everyone! I’m a first-year realtor with 6 transactions under my belt since getting licensed this spring, mostly through my sphere.

    I’m hoping to get more involved in my community through volunteer work—to give back, build connections, and ideally grow my business. With limited time, I’d love any tips on volunteer roles that have been effective (or not) for others in residential real estate. Since I don’t have kids, school events etc aren’t an option, so I’m looking for other ways to engage.

    Any advice or experiences you can share would be much appreciated.

    7 Comments
    2024/10/30
    04:25 UTC

    9

    How long did you prepare to be a agent?

    How long did you study the industry before diving in?
    Was it on your mind for a while? Did you save money before you got in the industry? Any regrets?

    13 Comments
    2024/10/30
    03:56 UTC

    0

    Question for New York State Realtors: How long did it take to get a replacement Pocket Card?

    If you are a realtor in NYS and have used that NYS Dept State Div of Licensing eAccess portal to get a new RE salesperson's card (Pocket card), how long did you have to wait to receive it in the mail? I just renewed a license and ordered a $10 pocket card replacement.

    2 Comments
    2024/10/30
    01:03 UTC

    9

    What are your fav Open House giveaways ?

    Realtors are getting more and more creative with the give-aways these days. What are some that you have seen recently?

    49 Comments
    2024/10/29
    23:05 UTC

    1

    Cold calling scripts guaranteeing more money?

    I've been listening to a lot of fsbo/expired scripts on YouTube and they seem great, but some peoples hook is the "I can show you how I can make you more money" or something along those lines. It seems effective but how are you supposed to present that??? Most expireds and fsbo are over priced. What if at the listing appointment they bring up "well you said you are gona make me more money, how are you going to do that?" Whats your guys take?

    6 Comments
    2024/10/29
    22:19 UTC

    4

    Help I’m new

    Hi guys, I had a quick question and not the best mentor :(

    Anyways, my question is if I pass my 10 day option period and we get appraisal and the property does not appraise and the seller doesn’t want to lower the price and we back out does my client loose the earnest money they gave? Or do we keep it ?

    I’m in the state of Texas by the way

    #help

    21 Comments
    2024/10/29
    21:47 UTC

    23

    Jobs I could take while being a realtor?

    Hey realtors. I’m low on funds so I need to find an income that can take over my bills while I continue to find clients and help them find a house. Something part time and flexible. Just need something that can bring in about 1200 biweekly. Any recommendations would be appreciated. I am in Cincinnati Ohio.

    87 Comments
    2024/10/29
    21:43 UTC

    53

    100 Open Houses in 100 Days / Update 6.5

    Hello all!

    I was going to wait to post this until the EOW recap, but was super excited to share some news. I got 2 more clients set up with appointments! Putting the total at 5. I'm doing my best to keep the challenge going and will just be really tired balancing all of this!

    (I love posting updates btw, you guys really have provided me with a lot of motivation)

    I've only been licensed about 50 days FYI for people who ask.

    Also, I wanted to share my idea for what comes NEXT after the 100 Open Houses - a 24 hour open house! I tried seeing if anyone has done it before, and can't fina anything on it. Thoughts on this? I also want to livestream the entire open house. Appreciate all of you!

    48 Comments
    2024/10/29
    21:36 UTC

    4

    How have you found your recent clients?

    Hi all, newer agent here looking for some insight. :)

    Besides marketing to your sphere, how did you find your most recent clients?

    I've been doing open houses almost every weekend for the past couple months, but it seems like every buyer is already working with an agent! Also recently started farming in my neighborhood.

    It does get a bit discouraging, but I do know that success in real estate is all about time and commitment.

    Would appreciate any tips and encouragement. Thanks in advance 🙏🏻

    10 Comments
    2024/10/29
    21:16 UTC

    2

    Advice on Virtual Assistants?

    What's up y'all, I'm Nathaniel and I am based out of Houston, TX. I'm in the process of growing my business and am looking for guidance in my hunt for a virtual assistant. I am in my 2nd year as a realtor. In my first year I closed 2 lease deals. I am now 8 months into my second year and have a combination of 28 deals closed. All a combination of residential leases, sales, & a commercial lease.

    I have been able to increase my sales significantly recently and it has been getting tough to manage all by myself. I feel swamped & overworked. I would like to hire someone to assist with logistical work, but I would prefer to test out using a VA before hiring someone stateside.

    To the agents that do, how did you find your VA? How do you designate tasks? How do you interview them? Did you have to train them? Horror stories?

    7 Comments
    2024/10/29
    20:30 UTC

    2

    Is it worth it.

    I’m currently about half way through my second year of college to have a degree in management and a degree in marketing. But honestly. I do not like the school aspect. I feel like i’m wasting my days being at school and living on campus. Is becoming a realtor a good idea for me? Is it possible I could do a realtor school online while also attending school? would just like some advice. thank you.

    11 Comments
    2024/10/29
    20:28 UTC

    Back To Top