I am hearing that many Realtors are now picking up part time jobs to supplement the income that is no longer rolling in. So if you have a part time job, WHAT IS IT?
Tracey
POLL....How many Realtors out there have a PART TIME Job now???
4 comments • Tracey Shrouder • August 06 2008 07:24PMHIRING a Licensed Assistant in Greensboro, North Carolina!
If you know of anyone slow in this real estate market and looking to work as a licensed assistant...please send them over!
Hi Guys! Tracey from 360 Realty here!
Here at 360 Realty we are a little different. We march to the beat of our own drum. We sell real estate the way WE want to, at a high commission rate, and in our office we have FUN! Seriously, we should have our own reality show!
We have decided to swim with the big dogs, and now we are working for all these banks that need to sell the foreclosure properties they are picking up. In the past month, I have received well over 15 listings, and if you add that to my regular work load...I am swamped :) This is a good thing mind you, because many Realtors out there are slow right now and taking second jobs.
This is where YOU come in!
I am looking to HIRE a Licensed Real Estate Agent! It is ok if you are a Provisional Broker and have Zero experience! I am a Great Teacher. In fact, that is part of the bonus to you. You know being someone's assistant is never going to allow you to retire in style. But the bonus that I am offering is the KNOWLEDGE!
When you become my assistant, you will be trained directly by me, and you will learn:
the art of short sales
foreclosures direct from the courthouse
dealing with REO properties
& how to perform BPO's
proper valuations of property in the Triad area
a direct knowledge of Greensboro, High Point, Oak Ridge, Gibsonville, Whitsett, Winston Salem, Kernersville, and beyond.
Also, you will learn how to properly enter listings into the MLS system, how to market and sell homes, online advertising systems like Realtor.com, the 360 Realty website, and fun programs like print shop and postlets. You will gain an EXTREME knowledge of the Triad by driving around! And there is a LOT of driving around to be done! It is a bonus to me for hiring purposes if you have a fuel efficient car! Or an EXTREMELY good driving record...we have a wrapped 360 Realty mobile.
The BEST bonus of all, is that once you are trained and READY to start listing...I will GIVE you some of these REO listings at a fair and reasonable commission rate. GIVE YOU! Yes, once you are hand picked, trained, and ready to sell...some of the homes that you are working so hard on will help you to start building your real estate commission empire! So you see now? The pay may not be much...but the bonus is that you are going to be able to get listings from the 360 Realty office, and the training necessary to sell them. Pretty good deal.
Ok, so now let's talk about PAY! What I am offering is a staggered scale. When you first work for me, I expect the first month to be TRAINING. This is going to take a LOT of my time and energy, and you will be learning, running around town, delivering things, listing homes, pretty much paying dues. We ALL have to do it, and it is UNPAID. Sorry.
This job will be DEMANDING, very much about DETAILS and TIMELINES, and you will need to be ON TIME all the time! Next, after your first 30 days of preliminary hiring are up, we will then go to a 20 hour a week paid schedule if you fit in with the 360 Realty team. The pay will be $10 an hour, which works out to $200 a week. I know that it not a lot of money, but what you are learning and working up to should make that sting a little less. If you want to get to listings faster, you may work more than 20 hours, but it is unpaid. I am TRULY looking for someone that cares more about the END result than the paychecks.
If after 3 months you are ready, willing, and able to start listing homes...then you will be given your first REO listing. You will then have the knowledge to sell this home, and when the commission comes in...you get 50% of the commission. You don't have to beat the streets to find listings or buyer agents...it is placed in front of you. So to RECAP...I need a LICENSED assistant. DO NOT apply if you do not have your real estate license. YOU MUST have passed the class AND the state exam!
If you are an EXPERIENCED agent that has been hit hard by this crazy market and want to come over...CALL Me! Different rules may apply.
Here are some of the traits I am looking for: Detailed, Organized, Quick paced, Multi-Tasker, Good Personality, Good on the phone and with people (if not, you should rethink real estate as a whole :)
Tracey G. Shrouder
(336) 965-7791
sellwith360@yahoo.com
www.360realtygreensboro.com
0 comments • Tracey Shrouder • August 06 2008 07:12PMThe Raleigh Report. North Carolina. Helping Families make ends meet...
This was just emailed to me by Maggie Jeffus our Representative. Check it out...
"The Raleigh Report
From the Office of Representative Maggie Jeffus
July 23, 2008
This past Friday, the House of Representative and the Senate adjourned the 2008 Short Session. The next Long Session will convene on January 28, 2009 at noon. This week, I will update you on our accomplishments for the Short Session.
Helping Families Make Ends Meet
One of our goals this session was to ease the economic strain that homeowners are no doubt feeling. One of the ways we intend to do this is through better mortgage foreclosure laws. Soon Governor Mike Easley is expected to sign into a law House Bill 2263 that will require mortgage servicers of sub prime loans to send a notice to the home being foreclosed at least 45 days prior to the foreclosure. The notice must also have information about why the home is in foreclosure and phone numbers for a mortgage counselor. This bill helps to give homeowners and banks enough time to send and receive help with foreclosures. We also agreed to expand our earned income tax credit beginning the next fiscal year."
General Assembly's website at http://www.ncleg.net.
Tracey Shrouder
0 comments • Tracey Shrouder • July 24 2008 04:05PMWhat I Did TODAY...the Life of a Realtor!
What I did today...
By: Tracey Shrouder
Woke up at 7:15am (painful and unusal...ick)
Answered the phone & checked emails...
Attended my BNI group called the "Rainmakers" from 8:30am-10:15am
Returned all the missed calls that I had (6 from the same person)...
Drove to a property 2 cities away to show it to "qualified buyers" (aren't they all? :)
Answered the phone...
Grabbed lunch and inhaled it! (less than 30 minutes)
Answered the phone...
To my office to try to check my emails
As soon as I walk into my office, get hit up to write closing checks for one of my agents
As I am writing the checks, one of my buyers drops in to say hi and go over houses
We drive to check out one of the homes (it smells of pee and is gross!)
Back to the office. Finally check emails at 3:30pm (takes forever)
Answered the phone...
Got a new REO listing, and assigned 3 more BPO's for the banks
Got two offers faxed over on REO's that had been listed for not even 2 days!
Constantly answered the phone (everytime I tried to check voicemail, I would have 3 new calls)
Drove to take photos of all the listings and BPO's. (4:50pm-7pm)
To my office
Answered the phone (64 calls total today)...
Emails
ACTIVERAIN!!!!
Whew...I am really tired! And tomorrow it starts again...you have to love BUSY season!
4 comments • Tracey Shrouder • July 23 2008 06:34PMAre you an OLD School Realtor or NEW School??? POLL
Old School versus NEW School
Some folks like the old days, and some like the technology of today. I wanted to see which group most people are fond of, and this is my poll...(you can be a mix of them, that is fine!)
Old School Realtors drive Mercedes and BMW's.
New School Realtors drive Fuel Efficient Cars or Hybrids/Smart Cars.
Which one are you?
Old School Realtors prefer the telephone for business dealings or a fax machine.
New School Realtors use email, texting, and prefer to do business online.
Which one are you?
Old School Realtors have the glorious Glamour Shot photos on their business card in full color.
New School Realtors have a modern black and white, or something casual.
Which one are you?
Old School Realtors save all the paperwork in files and boxes in storage.
New School Realtors back up all their files on a jump drive.
Which one are you?
Old School Realtors wear suits and ties or dresses.
New School Realtors wear high end jean and trendy casual clothes.
Which one are you?
Old School Realtors hold open houses.
New School Realtors usually do not.
Which one are you?
Let me know!!!
Tracey G. Shrouder
11 comments • Tracey Shrouder • July 22 2008 02:28PMU-G-L-Y BPO of the week...this one is BAD!!!! :)
This one is U-G-L-Y!!!
Looks Normal, right?
BPO's are always interesting, but some are MORE SO!
This one falls in that category...
All I can say is WOW
The vinyl has actually melted off the house!
7 Years of bad luck for somebody :(
MOOoooooooold!
Sexy!!!
BUt.................................
Tracey G. Shrouder
(336) 505-1080 Office
4 comments • Tracey Shrouder • July 21 2008 10:28AMTips for the NEW Realtor! Check it out!
Tips and Hints for the New Real Estate Agent:
Disclose, Disclose, Disclose!!!!! This is the most important part of our jobs as real estate agents. The more you reveal, the less you are personally liable for.
- If you do not know the answer to a question, TELL the truth. It is much better to tell a client that you "Do not know the answer, but would be happy to find out for them".
- Be FREE to be creative! Always look for new ways to get your name out there. Do not limit yourself to a specific mold that someone else has made. Find your own style and get your name out there! Try flyers, ads in the paper, a billboard with your face on it, a magnet on your car, or something you think of. One of the MOST important part of real estate is RECOGNITION!
- I am sorry to say, but Real Estate is a vain profession, where appearance does matter. You yourself know that when a REALTOR has shown you a property, you automatically noticed the car they drove, the watch they were wearing, and maybe even the bag they were carrying. This does NOT mean that you have to have the obligatory Mercedes, but you do need a nice vehicle. Leave your plastic Garfield watch at home, shine your shoes and iron your clothes. FAKE IT UNTIL YOU MAKE IT!
- Your car. This is very important. Do NOT smoke in your car (or if you do smoke, do not smoke while with a client). Keep your car washed and vacuumed, and of course it needs to smell nice. Before you drive a client around, make sure to move all of your fast food wrappers and hide your paperwork.
- Continue your education! There are a ton of FREE or inexpensive classes offered to help you learn more. Attend REALTOR lunches and "coffee talks" to learn more about our industry.
- Try to figure out things on your own! You are always welcome to ask questions, but sometimes you learn better by figuring things out on your own. Try it one, and if you are still not clear then ask for help.
- Always be EARLY! Being on time is one of the most important ways to KEEP a client. Being late is one of the easiest ways to LOSE a client! Get there a few minutes early and impress them.
- NEVER park in the driveway. First of all, you want the client to pull into the driveway and picture this as their new home. Secondly, you never want to get blocked in. Safety is very important, and driving away is so much easier than running.
- SAFETY! Our society has changed and you must always put your safety first. Check out your surroundings before you get out of the car. When someone calls to see a property, get their information and leave it at the office with a co-worker. If you do not feel safe, then LEAVE!
- Do not "Pop-Tart". In the New REALTOR training, they discuss this in detail. "Pop-Tarting" is when someone calls and wants to see a property and you "pop" up and run out. Get a phone number and a name. Ask if they are working with a REALTOR. Ask if the buyers are pre-qualified and for how much. Do this tactfully, so as not to turn the buyer away. If they are already working with someone, this will save you time and wasted energy.
- GO TO CLOSING! This is a requirement of ALL real estate closings through my Real Estate company! This seems simple, but many real estate agents do not go to closing with their client. At 360 Realty, we feel that our obligation to the client goes beyond the closing table. You need to be there, to show support as well as look over the HUD statement. Getting a client is almost as important as making a sale, and going to closing will help you KEEP that client!
- When someone asks you to refer a lender to them, try to refer more than just one. It is best to give them a few names of respected lenders, so that they can call around and ask for help. If you only give out one number and they have a bad experience, then they are going to come looking for you. If you gave out multiple numbers, you are not liable for what happens. The best way to handle this is to create a "preferred vendors/lenders list" and give it to all clients.
- You never know where you will find a client. Don't let yourself get caught up in the snooty world of Real Estate, where some think they are better than others. Sometimes you will be surprised and the older gentleman driving the 1984 rusted out Caprice will be a millionaire who wants to purchase 3 apartment complexes. We are different here at 360 Realty. We want to get the word out that we treat ALL clients and customers equally. Never let yourself assume that someone is not going to buy. Help them to decide TO buy!
Tracey G. Shrouder
360 Realty
Tracey Shrouder is the Broker-in-Charge for 360 Realty, located in the Heart of Downtown Greensboro. Her background in Investment Real Estate has helped her to turn her real estate firm into one of the leading REO/Bank Owned Real Estate Firms in the Triad Area. Tracey specializes in Investment properties, Luxury Homes, New Construction Subdivisions, and Buyer Satisfaction. She is a Multi-Million Dollar Producer, as well as HUD certified, Wells Fargo PAS certified, and has over 8 years of experience at the age of 29! Any opinions expressed here are just that!
1 comment • Tracey Shrouder • July 18 2008 04:10PMSTOP the 82% Law! JOIN your National REIA!!!
STOP the 82% Law! JOIN your National REIA!
National REIA
(Real Estate Investors Association)
Last night I attended our local REIA group, which is called the Triad REIA. We meet midway between 5 cities, and join together as Investors & those interested in the Real Estate Market as a whole.
It was really interesting to hear what all is happening in our market and to meet up with other local Investors, Lenders, Realtors, etc to check in. If you are looking to become a part of YOUR Local group, go to www.nationalreia.com and see where your local chapter meets. If you do not have one, START one! It is a Terrific way to be a part of the Real Estate economy and to help build our market one step at a time!
I am going to re-cap last nights meeting so that you can hear a little what it is about...
- Joining the National REIA gives you great benefits and discounts at many large National organizations (Home Depot Supply, Sherwin Williams Paint, up to 80% on certain products at Office Max, Avis Rental Cars, Cybrcollect, DHL, and many MORE!)
- The NUMBER 1 Issue that the National REIA is focusing on currently is: LEGISLATION
- (with 40,000 people behind you...things can change!)
- Our states are trying to pass some CRAZY laws, and in some cases already have!! The 82% Law has already been passed in Maryland, which states that when you BUY a Foreclosure, FIX it up, and SELL, 82% of the FAIR MARKET VALUE goes back to the original owner that got foreclosed on!!!!
- Do you know how HORRIBLE it would be if that were passed in YOUR state?! New York has this bill on the table RIGHT NOW!
"What New Laws Say
Several states, including Illinois (SB 2349), Maryland (SB 761), Minnesota (325N), New York (SB 4744), and Rhode Island (H 7650), have been busy crafting laws to stifle foreclosure fraud. The District of Columbia, Massachusetts, and other legislatures are considering similar legislation.
Many of these statutes are based on the oldest state mortgage fraud law, California Civil Codes 2945 and 1695. Its principal aim is to give home owners the opportunity to cancel a sale that occurs during the foreclosure process. The California law, and most other state statutes that have followed it, requires that a sales contract include a "notice of cancellation," which gives a seller a clear method for stopping the sale of a home within a certain time frame - typically five business days.
The newer laws also try to protect homeowners' equity during foreclosure. They diverge from the California code, however, in their efforts to implement this goal. The California statute prohibits foreclosure purchases that take "unconscionable advantage" of the owner in foreclosure. Minnesota's statute, enacted in 2004, broke new ground by stipulating that home owners who sell while in foreclosure must receive "consideration" that equals at least 82 percent of the home's fair market value. New York's Home Equity Theft Prevention Act followed suit in 2006.
The most restrictive of these new laws is Illinois' Mortgage Rescue Fraud Prevention Act, which took effect Jan. 1, 2007. Illinois lawmakers upped the ante by inserting an additional requirement that limits to 125 percent of the total debt owed the amount a foreclosure purchaser can make when selling the property back to the original home owner. There's no such limit if the home is sold to someone else. Most state laws apply when the documents initiating foreclosure, such as notice of default or notice of pending foreclosure, are issued. However, in Illinois, the law applies to any borrower 90 days delinquent on a mortgage.
These narrow restrictions will almost certainly make it more difficult for legitimate home buyers and investors to purchase foreclosures except through an auction process. If you or your investor clients have plans to purchase foreclosed property already owned by a bank or to buy pre-foreclosures, sometimes called short sales, exercise care.
Consult with a knowledgeable real estate attorney to determine exactly what rules your client must follow to purchase or sell such homes. In some cases, poorly worded laws may be punishing legitimate buyers in an effort to punish scammers. Don't get caught on the wrong side of this equation." Posted from Realtor.com
JOIN your National REIA and become a PART of the SOLUTION to the Real Estate Market!!!
WRITE Your Legislator to STOP this Law & many like it!
Help your Local Economy!
Tracey G. Shrouder
360 Realty
(336) 505-1080
0 comments • Tracey Shrouder • July 18 2008 11:27AMThe Top 10 BEST Incentives to SELL a Home!
The Top 10 BEST Incentives...
1. Offer Closing Costs (a little or a lot, this always helps)
2. Offer to throw in New Appliances
3. Give a Gift Card to Lowe's or somewhere equally nice
4. Offer a SELLING Agent Bonus! We all know why that one works :)
5. Offer a Home Warranty
6. Offer a Lower price up until a Certain Date! (Special Price if offer accepted by 6/19)
7. Offer Free Home Cleaning Service for a Year!
8. Offer a Buyer allowance for Carpet & Paint!
9. Give away a Flat Screen TV with the purchase of your Home!
10. If all else fails, Offer a GAS CARD! They are like gold right now!
Tracey G. Shrouder
360 Realty
(336) 505-1080
3 comments • Tracey Shrouder • July 16 2008 02:48PMWhat NOT to Do when Showing Houses...(funny)
What NOT to Do when Showing a Home...
1. Do NOT eat Mexican beforehand!
2. Do NOT use the bathroom without checking to make SURE the water works!
3. Do NOT talk about all of your dogs and show photos of Muffy, Buffy, & Puffy!
4. DO Chew gum!
5. Do NOT pick your nose...that is just gross anyway
6. Do NOT talk crap about other Realtors!
7. Do NOT let the Buyer drive..that is just crazy!
8. Do NOT split your pants when leaning down to look in the crawlspace
9. Do NOT roll around in the brand new, fresh carpet!
10. Do NOT let your cell phone ring over and over...silence that thing!
Happy Selling!
Tracey G. Shrouder
360 Realty
9 comments • Tracey Shrouder • July 14 2008 06:31PMContent © 2009 'Frequent Contributors'. Design © 2009 ActiveRain Corp.
Logos and service marks owned by copyright holder.