Passed RE EXAM !!!!!! NEXT STEP IS....

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Passed RE EXAM !!!!!! NEXT STEP IS....

Terrell Sapp
Real Estate Agent · Bronx, NY · Member since 2013 · 63 posts · 5 votes

I'm really excited I passed my school and state exam for RE! Im ready to select a brokerage and Im sure being a new agent may be difficult. So to start my career, besides spreading the word to my sphere of influence, I plan on targeting the high-priced neighborhoods and of course networking more with people I come across. I am still learning some tips on bringing in referrals as well.

As far as a fresh start, can anyone share their success story as a new agent? Thank you in advance 

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Joel OwensBusiness Member
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Real Estate Broker · Canton, GA · Member since 2010 · 15k+ posts · 11k+ votes
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Do your research and focus on NOT what Is listed but what is SELLING. That shows buyer demand in the marketplace.

You could go out and list like gangbusters but if the product you are selling is not desirable in the marketplace then you are on a sinking ship.

Have inventory of what buyers want to buy and not want sellers want to sell. 

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  • Terrell Sapp
    OP
    Real Estate Agent · Bronx, NY · Member since 2013 · 63 posts · 5 votes
    11y
    Originally posted by @Brett Synicky:

    @Terrell Sapp

    I get about 10% conversion rate from Adwords.  Those are people that have visited my site and filled out the webform which gives up their anonymity.  

    For FB I get around 5.5%.  The benefit to FB is that it's super cheap.  I've been doing this for about 5 weeks and I've received 31 leads but for $5 per day it's the best online advertising around IMO.

    Good luck sir!

    Brett, you're good lol

    Helpful as well. Great knowledge from you and the other that provided the know-how/experience I am seeking.

    0Reply
  • Brett SynickyPro Member
    Solo 401k and SDIRA Consultant · Orange, CA · Member since 2013 · 877 posts · 501 votes
    11y

    @Terrell Sapp

    I'm just a good student and copier that's all. Thanks for the kind words and best of luck to you. 

    0Reply
  • Terrell Sapp
    OP
    Real Estate Agent · Bronx, NY · Member since 2013 · 63 posts · 5 votes
    11y
    Originally posted by @Tatiana R.:

     Hey, Hey! Congratulations! Best Business Blessings in your new and prosperous future!!

     Kind words. Thank you Tatiana. Are you an agent yourself?

    0Reply
  • Brandon SturgillBusiness Member
    Real Estate Broker · Columbus, OH · Member since 2013 · 3k+ posts · 1k+ votes
    11y

    Congrats @Terrell Sapp

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  • Tatiana R.
    Investor · Lawndale, CA · Member since 2015 · 58 posts · 18 votes
    11y
    Originally posted by @Terrell Sapp:
    Originally posted by @Tatiana R.:

     Hey, Hey! Congratulations! Best Business Blessings in your new and prosperous future!!

     Kind words. Thank you Tatiana. Are you an agent yourself?

     Hi Terrell,

    We do contracting for investors/flippers and started our own flips recently over here on the West Coast in California. Glad to see others reaching their Real Estate goals - from Sea to Shining Sea! :-D

    0Reply
  • Susan Bearce
    Real Estate Agent · Scituate, MA · Member since 2015 · 20 posts · 6 votes
    11y

    That is awesome! I am studying for my RE sales license in MA. Do you have any words of advice?

    0Reply
  • Terrell Sapp
    OP
    Real Estate Agent · Bronx, NY · Member since 2013 · 63 posts · 5 votes
    11y
    Originally posted by @Joel Owens:

    Do your research and focus on NOT what Is listed but what is SELLING. That shows buyer demand in the marketplace.

    You could go out and list like gangbusters but if the product you are selling is not desirable in the marketplace then you are on a sinking ship.

    Have inventory of what buyers want to buy and not want sellers want to sell. 

     How would I know what is selling exactly? Is there a site thats shows what is desirable or selling most in a particular area?

    0Reply
  • Joel OwensBusiness Member
    Moderator
    Real Estate Broker · Canton, GA · Member since 2010 · 15k+ posts · 11k+ votes
    11y

    Terrell most mls's have the data you just have to search for it.

    If there are 100 sold's in the last month in a certain price point, sq ft, views, and bed and bath mix, amenities then you know what buyers are targeting.

    Conversely you can see a certain area, price point, bed and bath mix, style etc. that are listed but very little are selling.

    Part of getting good is spotting what buyers want in the market. Just like asset class cycles there are certain buyer sentiment that changes over time for what they are buying. 

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    NNN Invest53 Reviews
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  • Account Closed
    Investor · New York, NY · Member since 2016 · 11 posts · 0 votes
    10y

    I would work with a broker that actually provides you leads and something to do.  It's still incredible to me how poorly my agent friends are treated by their brokerage. They sit down, twiddle their thumbs, go through their rolodex, beg their friends and family for a deal.  Once they source it, they do all the work and close it themselves.  After that the brokerage takes 50% of the commission THEY earned.  It's nuts.  And what do they get for it?  "Brand?"  What is that worth these days..

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