[JOURNEY] Becoming a Real Estate Agent (Realtor) from Scratch to Earn Six-Figure Income in One Year

Big Ron

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Numbers to date:

Sold - 2 homes in January 2022, one closed and one closes in February.

1643328567961.png

That's $5,512 in my pocket after all fees and splits. The one under contract won't payout until mid Februrary. The first one closed quickly becuase it was an all-cash purchase. That's the difference between cash purchases and lender-backed purchases in the real estate game. Cash deals can close in as little as three days. If a bank is involved, I have seen no less than 5 weeks to close.

The Active Opportunity is a listing appointment that I have set in two days. If it goes well, I'll be selling a home for a home owner...which is completely different than helping a buyer find and buy a home.

Referrals

I have also refered out clients to other agents becuase they wanted to buy a home outside of my area (like 3 hours away or farther.).

Referrals, when done correctly, include a contract that instructs the selling agent to pay you for the referral once all the banks and title companies are done with their paperwork. You get paid before the selling agent does. Works out pretty nice.

I had someone in my neck of the woods who wanted to buy a home..which I sold them one. But they lived three hours north. So I referred the sale out to a friend of mine up north. He sold the house and I made $1800 on the referral. This paid out this month but was really left over from last month. The closing went a little sideways and it took extra long to close.

I have one other referral paying out this month too. Not quite sure how much I'll be receiving but hoping for another $1000. Not bad considering you don't have to lift a finger. Common referral fee is 25-30%.

So I'm looking at making over $8,000 this month but I'll post the accurate total once it all comes in.
 

AlbinKurti

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Numbers to date:

Sold - 2 homes in January 2022, one closed and one closes in February.

View attachment 200311

That's $5,512 in my pocket after all fees and splits. The one under contract won't payout until mid Februrary. The first one closed quickly becuase it was an all-cash purchase. That's the difference between cash purchases and lender-backed purchases in the real estate game. Cash deals can close in as little as three days. If a bank is involved, I have seen no less than 5 weeks to close.

The Active Opportunity is a listing appointment that I have set in two days. If it goes well, I'll be selling a home for a home owner...which is completely different than helping a buyer find and buy a home.

Referrals

I have also refered out clients to other agents becuase they wanted to buy a home outside of my area (like 3 hours away or farther.).

Referrals, when done correctly, include a contract that instructs the selling agent to pay you for the referral once all the banks and title companies are done with their paperwork. You get paid before the selling agent does. Works out pretty nice.

I had someone in my neck of the woods who wanted to buy a home..which I sold them one. But they lived three hours north. So I referred the sale out to a friend of mine up north. He sold the house and I made $1800 on the referral. This paid out this month but was really left over from last month. The closing went a little sideways and it took extra long to close.

I have one other referral paying out this month too. Not quite sure how much I'll be receiving but hoping for another $1000. Not bad considering you don't have to lift a finger. Common referral fee is 25-30%.

So I'm looking at making over $8,000 this month but I'll post the accurate total once it all comes in.
I have 0 knowledge on Real Estate yet i read all the thread lol, good luck Ron
 

Big Ron

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In terms of advertising your listings, the software management my group uses is called BoomTown. I noticed BT has a page for generating property links for better tracking. One of the steps for building the links is to choose which platform you are going to advertise on.

Using this list, I can share with you a good size list of possible places to advertise your listings:

TheSmartHomeSearch.com.
2OWNAHOME= 2ownahome.com.
2XREFERRALS= 2x Referrals.
33TOUCH= 33 Touch.
55PLACES= 55Places.com.
800NUMBER= 800 Number.
ABSENTEE_OWNER= Absentee Owner.
ACTIVERAIN= ActiveRain.
AD_CAMPAIGN= Advertising Campaign.
ADDRESSABLE= Addressable.
ADFENIX= AdFenix.
ADOPTED= Adopted.
ADROLL= AdRoll.
ADWERX= AdWerx.
ADWORDSNERDS= AdWords Nerds.
AFFORDABLEHOUSE= AffordableHouse.org.
AGENT= AGENT.
AGENT_HARVEST= Agent Harvest.
AGENT_IMPORT= Agent Import.
AGENT_JET= Agent Jet.
AGENT_MACHINE= Agent Machine.
AGENT_MARKETING= AgentMarketing.com - text4info.
AGENT_PRONTO= Agent Pronto.
AGENT_ZIP= Agent Zip.
AGENTLEAD= Agent Lead.
AGENTMACHINE= AgentMachine.
AGENTOLOGY= Agentology.
AGENTREFERRAL= Agent Referral.
AGENTSINVEST= AgentsInvest.
AGENTSITE= Agent Site.
AHRN= AHRN.
ALLIED_PARTNER= Allied Partner.
ALLTHELEADS= All The Leads.
ALTISOURCE= Altisource.
ALTLEADREF= Alt Lead Referral.
ALTOSRESEARCH= Altos Research.
ANCHOR_WAVE= Anchor Wave.
ANSWER_CONNECT= AnswerConnect.
APARTMENTLIST= apartmentlist.com.
API= Api.
ARCHAGENT= ArchAgent.com.
AREAPRESENCE= Area Presence.
ARYEO= Aryeo.
ASK_COM= Ask.com.
AUCTION= Auction.com.
AVENDALENC= Avendale NC.
BACKATYOU= Backatyou.com.
BACKPAGE= BackPage.com.
BANKOFAMERICA= Bank of America.
BARBARA_CORCORAN= Barbara Corcoran.
BDX= Builders Digital Experience.
BEX= BEX Realty.
BIGGERPOCKETS= BiggerPockets.
BIGPURPLEDOT= Big Purple Dot.
BILLBOARD= Billboard.
BING= Bing.com Organic.
BINGPPC= Bing.com PPC.
BLOG= Blog.
BLOGSELLERWIDGET= Whats My Home Worth.
BLUEROOF360= Blue Roof 360.
BNI= Business Networking International.
BOLDLEADS= BoldLeads.com.
BOMBBOMB= BombBomb.
BOOMTOWN= BoomTown.
BRESSERS= Bresser's.
BRIVITY= Brivity.
BROKER_OPEN_HOUSE= Broker Open House.
BROKERMINT= Brokermint.
BROKERREFERRAL= Broker Referral.
BROKERSITE= Broker Site.
BUILDERLEAD= Builder Lead.
BUILDIDAHO= BuildIdaho.com.
BUYERLINK= Buyer Link.
BUYORSELLYOURHOME_COM= BuyOrSellYourHome.com.
BUZZBUZZHOME= buzzbuzzhome.com.
CACTUS= Cactus.
CALENDLY= Calendly.
CALLACTION= CallAction.co.
CALLCAPTURE= Call Capture.
CALLCENTER= Call Center.
CALLFIRE= CallFire.
CALLIN= Call In.
CALLRAIL= CallRail.
CALLTEND= Calltend.
CANCELED= Canceled Listing.
CARRINGTON_CONNECTS= Carrington Connects.
CARROT= Carrot.
CARTUS= Cartus.
CENTURY21= Century 21.
CHALK_DIGITAL= Chalk Digital.
CHASE= Chase.
CHAT= Chat.
CHIME= Chime.
CIRCLEPIX= Circle Pix.
CITYWIDE= Citywide.
CLEVER= Clever.
CLIENTREFERRAL= Client Referral.
CLIQUEBAY= CliqueBay.
CLOUDCMA= CloudCMA.com.
CMT= CMT.com.
COGNITO_FORMS= Cognito Forms.
COLD_CALL= Cold Call.
COLDWELL_BANKER= Coldwell Banker.
COLE= Cole Realty Resource.
COMF5= ComF5 Email.
COMING_SOON_HOMES= ComingSoonHomes.com.
COMISSIONSINC= Commissions Inc.
COMMISSIONS_INC= CommissionsInc.com.
COMPANY_GENERATED_LEAD= Company Generated Lead.
COMPANYEVENT= Company Event.
COMPASS= Compass.
COMPLETE_SELLER_LEAD= Complete Seller Lead.
CONDO= Condo.com.
CONSTANTCONTACT= Constant Contact.
CONTACT_JUNKIE= Contact Junkie.
CONTACT_SMARTER= ContactSmarter.
CONTACTUALLY= Contactually.
CONTEST_LEAD= Contest Lead.
CONTRACTUALLY= Contractually.
CONVERTWIRE= ConvertWire.com.
COREFACT= Corefact.
COSTAR= CoStar.
COUNTRY_HOMES_OF_AMERICA= CountryHomesofAmerica.com.
CRAIGSLIST= Craigslist.
CREDIT_ENHANCEMENT= Credit Enhancement Program.
CREXI_COM= CREXi.
CRS_REFERRAL_NETWORK= CRS Referral Network.
CRUSHVERTISE= Crushvertise.com.
CU_REALTY= CU REALTY.
CURAYTOR= Curaytor.
CUSELLERATION= Cuselleration.
DAKNO= Dakno.
DAKNO_MARKETING= Dakno Marketing.
DAVERAMSEY= Dave Ramsey.
DIRECT= Direct Traffic.
DISTRESSEDAD= Distressed Ad.
DIVERSESOLUTIONSIDX= Diverse Solutions.
DOORKNOCKING= Door Knocking.
DOTLOOP= dotloop.
DOWNPAYMENT= DownPayment.org.
DRIFT= Drift.
DRIVEBUYTECH= DriveBuyTech.com.
DRMOVES= DRMoves.com.
E_EDGE= eEdge.
EASY_STREET_OFFERS= Easy Street Offers.
EASYAGENTPRO= EasyAgentPro.com.
EBAY_CLASSIFIEDS= Ebay Classifieds.
EFFECTIVEAGENTS= Effective Agents.
ELEADNETWORK= eLead Network.
ELEVATE= Elevate.
ELP= Endorsed Local Providers.
EMAIL= Email.
EMAILSIG= Email Signature.
ENEWSLETTER= e-Newsletter.
ESPANOL= Espanol.
ESTATELY= Estately.
EVENT_MARKETING= Event Marketing.
EVENTBRITE= Eventbrite.
EXCEL= Excel.
EXPERT_HOME_OFFERS= experthomeoffers.com.
EXPIRED= Expired.
EZ_LEAD_PAGES= EZ Lead Pages.
FACEBOOK= Facebook - (Non BT Paid).
FACEBOOK_MARKET= Facebook Market Place.
FACEBOOK_MESSENGER= Facebook Messenger.
FACEBOOKAD= Facebook Ad.
FACEBOOKVOLCANO= Facebook-Volcano.
FARM= Farm.
FARMFLIP= FarmFlip.
FAST_EXPERT= Fast Expert.
FASTHOMEOFFER= FastHomeOffer.com.
FB_LEAD_ADS= FB Lead Ads.
FBNINJAADS= FB Ninja Ads.
FESTIVAL= Festival.
FHO= FHO.
FIREPOINT= FirePoint.
FIRST_2_CONTACT= First2Contact.com.
FIZBER= Fizber.
FLEX= Flex.
FLIPT= Flipt.
FOLLOW_UP_BOSS= Follow-Up Boss.
FORECLOSURES= Foreclosures.
FOURSQUARE= Foursquare.
FREEDOM_EAGLE_REALTY= Freedom Eagle Realty.
FREEHOUSEVALUES= FreeHouseValues.com.
FRIENDORFAMILY= Friend or Family.
FSBO= FSBO.
G_MAIL= Gmail.
GEOGRAPHICFARM= GeographicFarm.com.
GLENNBECK= Glenn Beck.
GOLDEN_HANDOFF= Golden Handoff.
GOOGLE= Google Organic.
GOOGLE_GLS= Google GLS.
GOOGLE_PLUS= Google+.
GOOGLEADSPACE= GoogleAdSpace.
GOOGLEPPC= Google PPC.
GRAVITY_FORM= Gravity Form.
GREAT_AGENT= Great Agent.
GUARANTEED_SALE= Guaranteed Sale.
HAPPY_HOUR= Happy Hour.
HBN= HBN.
HOME_BUYER_PROGRAMS= Home Buyer Programs.
HOME_BUYING_SEMINAR= Home Buying Seminar.
HOME_LIGHT= HomeLight.
HOMEACTIONS= homeactions.net.
HOMEBIDZ= Homebidz.
HOMEBIRD= Homebird.com.
HOMEBOT= Homebot.
HOMEGAIN= HomeGain.
HOMEJAB= HomeJab.
HOMELOANIQ= HomeLoanIQ.
HOMEOWNERASSIST= HomeOwnerAssist.com.
HOMEPARTNERSNETWORK= HomePartnersNetwork.
HOMEPATH= HomePath.
HOMES= Homes.com.
HOMES_LEAD= Homes.com Lead Network.
HOMES_ON_THE_PHONE= Home on the Phone.
HOMESANDLAND= Homes and Land.
HOMESEARCH= HomeSearch.
HOMESFORHEROES= homesforheroes.com.
HOMESHOW= Home Show.
HOMESNAP= HomeSnap.com.
HOMESPOTTER= HomeSpotter.com.
HOMEVALUE= Home Value Leads.
HOMEVALUESTORE= HomeValueStore.com.
HOMEWARD= Homeward.
HORSEPROPERTIES= HorseProperties.Net.
HOSS_PRATT= Hoss Pratt.
HOT_HOMES= Hot Homes.
HOTPADS= HotPads Syndication.
HOUSEGATHER= House Gather.
HOUSEHUNT= HouseHunt.
HOUSESFORSALE= Houses For Sale Referral Network.
HOUSEVALUES= HouseValues.com.
HOUSEVALUESTORE= housevaluestore.com.
HUB= Hub.
HUBSPOT= HubSpot.com.
HUBZU= Hubzu.
HUNTWISE= HuntWise.
IDEAL_AGENT= Ideal Agent.
IDEALESTATE= IdealEstate.
IDXBROKER= IDXBroker.com.
IHOMEFINDER= iHomefinder.
IHOUSEWEB= iHOUSEweb.
IMPORT= Import.
IMPREV= Imprev.
INBOUND= Inbound.
INBOXREALESTATELEADS= InboxRealEstateLeads.com.
INDEED= Indeed.
INSIDESALES= Inside Sales.
INSTAGRAM= Instagram.
INTERNETENGINE= Internet Engine.
INVESTABILITY= Investability.
IVR= IVR.
JOB_DESCRIPTION= Job Description.
JUSTLISTED= JustListed.com.
JUWAI= Juwai.
KAHPING= Kahping.
KAT_CALLING= Kat Calling.
KELLER_WILLIAMS= Keller Williams kw.com.
KINGSTON_LANE= Kingston Lane.
KIOSK= Kiosk.
KLEVRLEADS= KlevrLeads.
KUNVERSION= Kunversion.
KVCORE= kvCORE.
KW_COMMAND= KW Command.
KWKLY= Kwkly.
LAND_BROKER_MLS= Land Broker MLS.
LAND_COM= Land.com.
LAND_VOICE= LandVoice.
LANDANDFARM= Landandfarm.com.
LANDFLIP= Landflip.com.
LANDHUB= Landhub.com.
LANDING= Landing Page.
LANDS_OF_TEXAS= Lands Of Texas.
LANDSEARCH= LandSearch.com.
LANDSOFAMERICA= LandsofAmerica.com.
LANDWATCH= LandWatch.
LAUNCHCONTROL= LaunchControl.us.
LEAD_ROUTER= Lead Router.
LEAD_TEAM= Lead Team.
LEADCONVERSIONPRO= Lead Conversion Pro.
LEADINGRE= LeadingRE.
LEADMX= LeadMX.
LEADOPTIX= leadoptix.com.
LEADPOINT= LeadPoint.
LEADQUAL= LeadQual.
LEADSBRIDGE= LeadsBridge.com.
LEADSTODAY= leadstoday.com.
LENDER= Lender Lead.
LESS_THAN_6= Less Than 6 Percent.
LIFESTYLEDLISTINGS= lifestyledlistings.com.
LIGHTMARK= Lightmark.
LIKELY_AI= Likely.Ai.
LINKEDIN= LinkedIn.com.
LISTHUB= ListHub.
LISTING_GRABBER= Listing Grabber.
LISTING_PAGES= Listing Pages.
LISTING_POWER_TOOLS= Listing Power Tools.
LISTINGBOOK= Listingbook.
LISTINGBOOSTER= Listing Booster.
LISTINGLEAD= Listing Lead.
LISTINGS2LEADS= Listings-2-Leads.
LISTREPORTS= ListReports.
LIVEBY= LiveBy.Com.
LOCALCITATIONS= Local Citations.
LOOPNET= Loopnet.
MAGAZINE= Magazine.
MAGNOLIAMARKET= Magnolia Market.
MAIL_CHIMP= MailChimp.
MAILINGLIST= Mailing List.
MARKETING= Marketing.
MARKETLEADER= Market Leader.
MEGAAGENTREALESTATE= MegaAgentRealEstate.com.
MEGASTAR= Megastar.
MELLO_HOME= Mello Home.
MILITARY_BY_OWNER= MilitaryByOwner.com.
MKTSNAPSHOT= Market Snapshot.
MLSFINDER= MLS Finder.
MOBILE_APP= Mobile App.
MOBILITYRE= MobilityRE.
MODELHOME= Model Home.
MOJO= Mojo.
MONEYPHONE= Money Phone.
MOVING_STATION= Moving Station.
MOVOTO= Movoto.
MYAGENTFINDERMANUAL= MyAgentFinder Manual.
NAGLREP= Nat'l Assoc. of Gay and Lesbian RE Professionals.
NATIONAL_BROKER_SERVICES= National Broker Services.
NATIVE_RANK= Native Rank.
NEIGHBORHOODS= neighborhoods.com.
NETWORKING= Networking.
NEW_CONSTRUCTION= New Construction.
NEW_HOME_BUILDER= New Home Builder.
NEWCOMER_REPORT= Newcomer Report.
NEWSLETTER= Newsletter.
NEWSPAPER= Newspaper.
NEWZIPS= New Zips.
NEXTDOOR= Nextdoor.
NICHE= Niche Magazine.
NMFP= Nat'l Mortgage Forgiveness Plan.
NOVIHOME= NoviHome.
NTERNOW= NterNow.com.
NUMBERONEEXPERT= Number1Expert.com.
OFFERBARN= Offerbarn.com.
OFFERPAD= Offerpad.
OFFICE365= Office 365.
OFFRS= Offrs.com.
OJO= OJO.
OPCITY= Opcity.
OPENDOOR= Opendoor.
OPENHOUSE= Open House.
ORPHANCLIENT= Orphan Client.
OTHER= Other.
OTHERWEB= Other Website.
OTT= Over the Top Media.
OUT_OF_AREA_OWNERS= Out of Area Owners.
OUTBOUND_CALL= Outbound Call.
PADSPRING= Padspring.
PASSIVE_AGENT= Passive Agent.
PAST_CLIENT= Past Client.
PERMA_IO= Perma.io.
PERSONALTRANSACTION= Personal Transaction.
PHONE_ANIMAL= Phone Animal.
PHONESITES= PhoneSites.
PINTEREST= Pinterest.
PLATFORM_REAL_ESTATE= Platform Real Estate.
PNT2AGENT= Point2 Agent.
POCKET_LISTING= Pocket Listing.
PODCAST= Podcast.
PODIUM= Podium.
POINT2HOMES= point2homes.com.
POSTAL_IMPACT= Postal Impact.
POSTCARD= Postcards / Mailer.
POSTHOUSING= PostHousing.
POSTMUNK= PostMunk.
POWERHOUSE= powerhouse.
POWERHOUSE_MARKETING= Powerhouse Marketing.
PRIME_SELLER_LEADS= Prime Seller Leads.
PROAGENT= ProAgent.com.
PROBATE= Probate.
PROPERTIESONLINE= Properties Online.
PROPERTY_MANAGEMENT= Property Management.
PROPERTYSHARK= Property Shark.
PROQUEST= ProQuest.
PROSPECTING= Prospecting.
PSL= PSL.
QAZZOO= Qazzoo.
QR_CODE= QR Code.
QUANTUM_DIGITAL= Quantum Digital.
QUICKEN_LOANS= Quicken Loans.
RADIO= Radio.
RADIUSAGENT= Radius Agent.
RALLYPAGES= Rally Pages.
RATE_FACEBOOK= Radio and Television Experts (RATE) Facebook.
RATE_HOMESEARCH= Radio and Television Experts (RATE) Home Search.
RATEMYAGENT= RateMyAgent.
RE_HOME_CONNECT= RE Home Connect.
READYCHAT= ReadyChat.
REAL_GEEKS= Real Geeks.
REAL_LEADS= Real Leads.
REALAGENTPROS= Real Agent Pros.
REALBIRD= Realbird.com.
REALESTATE_COM= RealEstate.com.
REALESTATE_PIPELINE= RealEstatePipeline.com.
REALESTATEAGENTSITRUST= RealEstateAgentsITrust.com.
REALESTATECONNECTION= Real Estate Connection.
REALESTATEFASTER= Real Estate Faster.
REALESTATEWEBMASTERS= Real Estate Webmasters.
REALGEEKS= RealGeeks.
REALPIN= Realpin.com.
REALPROSYSTEMS= RealProSystems.com.
REALTOR= Realtor.com.
REALTOR_SELLER= Realtor.com - Seller.
REALTY= Realty.com.
REALTY_EXECUTIVES= Realty Executives.
REALTY_NOW= RealtyNow.
REALTYFLUX= Realty Flux.
REALTYSTORE= realtystore.com.
REALTYTRAC= RealtyTrac.
REALVOLVE= Realvolve.
REBOGATEWAY= ReboGateway.
REBOOK= RealEstateBook.com.
RECRUITING= Recruiting.
REDFIN= Redfin.
REFERRAL= Referral.
REFERRALEXCHANGE= Referral Exchange.
REFERRALRAIL= ReferralRail.
REFINDLY= REfindly.
REGENTOLOGY= Regentology.com.
RELAHQ= Rela HQ.
RELAYTE= Relayte.
RELOCATION= Relocation.
REMAX= RE/MAX.
RENTALS= Rental Lead.
RENTLINX= RentLinx.
REO= Real Estate Owned.
REPEAT= Repeat Business.
REPLY= Reply.com.
RESORT_LEAD= Resort Lead.
RETIRING_AGENT= Retiring Agent.
REVALUATE= Revaluate.com.
REVERSELOOKUPSLS= Reverse Lookup SLS.
REVIEW= Review.
REW_CA= REW.ca.
RINGLESSVOICEMAIL= Ringless Voicemail.
ROCKET_HOMES= Rocket Homes.
ROOPLER= Roopler.
SEIZE_THE_MARKET= Seize the Market.
SELLERSADVANTAGE= Seller's Advantage.
SETSCHEDULE= SetSchedule.com.
SHERPA= Sherpa.
SHORT_SALE= Short Sale.
SHOWCASE_IDX= Showcase IDX.
SIERRA_INTERACTIVE= Sierra Interactive.
SIGN_CALL= Sign Call.
SIGN_FLYER= Sign Flyer.
SJC_MARKETING= SJC Marketing.
SLYBROADCAST= Slybroadcast.
SMARTZIP= SmartZip.
SNAPCHAT= Snapchat.
SOCIALPOWERHOUSE= Social Powerhouse.
SOLD= Sold.com.
SOTHEBYS= Sotheby's International Realty.
SPACIO= Spacio.
SPHERE= Sphere Of Influence.
STEALTH_DATA= Stealth Data.
STREETTEXT= Street Text.
SUCCESS= Success Website.
SUPREME_LENDING= Supreme Lending.
TAWK_TO= Tawk.to.
TEAMLEAD= Team Lead.
TELEHOME= Tele-Home.
TELEMARKETER= Telemarketer.
TEXT_RIDER_LEAD= Text Rider Lead.
THEATERAD= Theater Ad.
THRIVEUS= Thrive.us.
THST= THST.
THUMBTACK= Thumbtack.
TIGERLEADS= TIGERLEADS.
TITLE_COMPANY= TITLE_COMPANY.
TOM_FERRY_REFERRAL= Tom Ferry Referral.
TOP_AGENT_CHOICE= Top Agent Choice.
TOP_AGENT_LOCATOR= Top Agent Locator.
TOP_MARKETER= Top Marketer.
TOPAGENTSRANKED= Top Agents Ranked.
TOPMARKETVALUE= Top Market Value.
TOPPRODUCER= Top Producer.
TORCHX= TorchX.
TOUR_FACTORY= Tour Factory.
TOUR_OF_HOMES= Tour of Homes.
TRADE_SHOW= Trade Show.
TRADE_UP= Trade Up.
TRULIAFORM= Trulia.
TV= TV.
TWITTER= Twitter.
UNBOUNCE= Unbounce.
UNFCU= UNFCU.
UNKNOWN= Unknown Source.
UPNEST= UpNest.
US_AUCTION= US Auction Team.
USAA= USAA.
USDA= USDA Seminar.
USHUDFORM= USHUD Form.
VBS= VB&S.
VBS_LISTING= VB&S Listing.
VENDE= Vende Social.
VENDOR= Vendor.
VERIFIED= VERIFIEDREALESTATELEADS.
VERMONT_LAND_LINK= Vermont Land Link.
VETERANSUNITED= Veteran's United.
VIDEO= VIDEO.
VIRTUAL_ASSISTANT= Virtual Assistant.
VIRTUALTOUR= Virtual Tour.
VOICEPAD= voicepad.com.
VOLUME= Volume.
VORTEX= Vortex.
VRBO= VRBO.
VULCAN= Vulcan.
VYRAL= Vyral Marketing.
WALKIN= Walk In.
WAZE= WAZE.
WEB_AGENT_SOLUTIONS= Web Agent Solutions.
WEBSITEREDIRECT= Referring Website Redirect/Forward.
WEDDING_SHOW= Wedding Show.
WHATSMYHOMEWORTH= WHATSMYHOMEWORTH.
WHOLESALE_CITY= Wholesale City.
WINDOW_FLYERS= Window Flyers.
WITHDRAWN= Withdrawn.
WIX= Wix.com.
WORDPRESS= WordPress.
WUFOO= WUFOO.
WYNDHAM_CAPITAL= Wyndham Capital.
XOME= Xome.
YAHOO_COM= Yahoo.
YARDSIGN= Yard Sign.
YELLOW_PAGES= Yellow Pages.
YELP= Yelp.
YLIST= YList.
YLOPO= Ylopo.
YOUTUBE= YouTube.com.
Z57= Z57.com.
ZAP= Zap.
ZAPIER= Zapier.
ZAVVIE= zavvie.
ZBUYER= Zbuyer.
ZILLOW_OFFERS= Zillow Offers.
ZILLOWFORM= Zillowform.
ZIPCELEB= ZipCeleb.
ZIPLEADS= ZipLeads.
ZIPTITAN= ZipTitan.
ZOOM= Zoom.
ZOPIM= Zopim.
ZUMPER= Zumper.
ZURPLE= Zurple.
 

Big Ron

Jr. VIP
Jr. VIP
Joined
Mar 30, 2019
Messages
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Reaction score
1,436
Went through the hoops to get signed on with HomeLight and start getting referrals. There is no upfront cost. Some leads you have to buy upfront and hope they work out. If they don't, you are out the money you spent. I am not interested in those types of leads.

HomeLight is a referral company who sets you up with leads in your area. If you sell them a home, you have to give 25% of the commission to HomeLight. If you don't sell the lead a home, you are only out your time.

I'll take those odds.

I reached out to HomeLight, explained that I was an agent, and that I wanted to form a relationship to receive leads.

This was their response:

Hi Ron,

Thanks so much for reaching out- I really appreciate it. To get started and create an account with HomeLight, please follow this link: https://agents.homelight.com/sign-up/get-started. I would also suggest fully completing all of the steps in regards to getting your profile set up- particularly uploading any past closed transactions. Since our algorithm matches clients using this data, it's important that this step is completed to give you the best chances of receiving referrals with us.

Feel free to reach out with any further questions you may have,
l9qWV3SnUTLiUuojf3Jpv88nmjhwzZyOaR0euORyXfGbF0rz7-qxydr6XbcOn5CJf-inkDs_MBST6pjP8NwUnnLTIIoavuWtPw_QIdLxuA95CS5CIl9OSPTaVFyrAAcq_vK7amQq=s0
Alissa Miller
Agent Success Manager
HomeLight
P: (612) 662-3649

calendly.com/alissa-miller-homelight

There was a spreadsheet that was a bit cumbersome. I basically had to download their template and add all my completed sales then return to them for verification.

Within a week, I was accepted and received this email:

Congratulations! HomeLight has successfully verified the transactions that you recently uploaded!

Maintaining accurate and up to date transaction history is important as HomeLight’s algorithm uses historical transaction data to match clients with agents that have proven success in their local market.

To see your transactions, log in to your HomeLight profile now by clicking here. If you have any issues relating to your verified transactions, please refer to this link or you can reach out to [email protected].



Best,

HomeLight Team

I will be adding one new lead source per week going forward. I have listed many possible lead sources in previous posts.
 

GenesisOne

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Well, this is a very different journey I would expect in the forum.
It requires you to devote your career altogether to it.
Not my kind of thing but glad you are doing well op.
 

Big Ron

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Well, this is a very different journey I would expect in the forum.
It requires you to devote your career altogether to it.
Not my kind of thing but glad you are doing well op.
On the contrary friend, I'm doing this as a sidehustle. I have another job in a different field and a few other side hustles.

Real estate, when leads are generated and handed to you (and you are not spending 24/7 cold calling and knocking on doors for leads), can be done on your schedule. I email/text/call leads in the morning for a few hours. Work a part time job during the day for a steady check, then contact or show houses in the evening and on weekends.

You can automate the whole process in real estate sales.

Leads - you can buy them upfront or take referrals which only require payment IF you make the sale. I get referrals.
Communicating with the leads - you can do this yourself or pay an assistant to do the communications/schedule showings
Showing homes - again, do it yourself or pay a "showing agent" to show the home for you. I have one at my disposal who charges $20/hr but I prefer to show myself for now. It builds a better relationship.
Contracts - you can do all the paperwork yourself or have an assistant do it. I personally do the first few contracts (Buyer's Representation Agreement, Purchase Offer) then let an assistant do all the remaining paperwork and scheduling (inspections, appraisals, final walkthroughs, etc)
Signing - when the customer goes to the title company to sign the final paperwork and take ownership of the home, I don't have the be there. I go for photo op to post on my facebook realtor page but again, not a requirement.

1644120127759.png
Left to Right: Escrow Officer (does the final contracts aka "signing" at title company), lender (bank), Buyer & me.

It is not unthinkable to do the whole thing remotely and travel. With a simple laptop and internet connection, I could do the whole process from anywhere. And someday, I just might.
 

PMBingA

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Realtors can be a good and a bad thing. I know some super nice guys who are killing it in the real estate but there are a bunch of bad assholes you dont want to meet. I with you be the former :)
 

Boriss

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On the contrary friend, I'm doing this as a sidehustle. I have another job in a different field and a few other side hustles.

Real estate, when leads are generated and handed to you (and you are not spending 24/7 cold calling and knocking on doors for leads), can be done on your schedule. I email/text/call leads in the morning for a few hours. Work a part time job during the day for a steady check, then contact or show houses in the evening and on weekends.

You can automate the whole process in real estate sales.

Leads - you can buy them upfront or take referrals which only require payment IF you make the sale. I get referrals.
Communicating with the leads - you can do this yourself or pay an assistant to do the communications/schedule showings
Showing homes - again, do it yourself or pay a "showing agent" to show the home for you. I have one at my disposal who charges $20/hr but I prefer to show myself for now. It builds a better relationship.
Contracts - you can do all the paperwork yourself or have an assistant do it. I personally do the first few contracts (Buyer's Representation Agreement, Purchase Offer) then let an assistant do all the remaining paperwork and scheduling (inspections, appraisals, final walkthroughs, etc)
Signing - when the customer goes to the title company to sign the final paperwork and take ownership of the home, I don't have the be there. I go for photo op to post on my facebook realtor page but again, not a requirement.

View attachment 201301
Left to Right: Escrow Officer (does the final contracts aka "signing" at title company), lender (bank), Buyer & me.

It is not unthinkable to do the whole thing remotely and travel. With a simple laptop and internet connection, I could do the whole process from anywhere. And someday, I just might.
Congrats @Big Ron - Great pic!

Yes, you're right. It can be done with a simple Internet connect, and a laptop.

Good luck in the future and keep it up!
 

Big Ron

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40 Text Message Templates for Communicating with Clients

Generic Inquiries

Hey it’s [your first name] from [your company]. Sorry I missed you - is calling this number the best way to reach you?

Hello [first name], this is [your first name] from [your company]. I’m unable to talk right now but will call soon. Need anything in the meantime?

Hey [first name]! I just received your inquiry. Are there any questions I can answer for you? I’m available to call, text, or email - whatever works best for you.

Hi [first name], it’s [your first name] with [your company]. Thanks for reaching out! What is your preferred contact method - text, phone, or email?

Buyer Lead Templates

Generic First Response to Buyer Leads

Hi, it’s [your first name] from [your company]. I received your inquiry. What’s the best time to call you back?

Good morning! It’s [your first name] with [your company] - happy to help you find your dream home. What’s a good time to call you back?

Hey [first name]! This is [your first name] with [your company]. It’s a great time to buy in [area] - let me know how I can help with your home search.

Hi, it’s [your first name] from [your company]. Happy to help you find a home. Let me know if you want a copy of my [area] housing market report.

Response to Buyer's Request to View Homes

Hi [first name]! I see you’re interested in [address]. Do you have any questions about that property?

Hello [first name]! Thanks for contacting me about [address]. I’ll check if the property is still available and get back to you ASAP. What’s the best time to call back and set up a showing?

Good morning, [first name]! This is [your first name] with [your company]. Thanks for inquiring about local properties for sale. Which home would you like to see?

Hi [first name]. Thanks for asking about [bedroom count], [bathroom count] [area] homes for sale. I just emailed you some homes you might like - please let me know if you want to see any of them!

First Contact After Buyer Registers on Your Website

Hi [first name]! This is [your first name] from [your company]. Thanks for registering on my website. Let me know if you see homes you want to tour.

Hello [first name]! This is [your first name]. Thanks for contacting me through my website. Sorry I missed you - what’s the best time to call?

Hello [first name]! Thanks for searching for [area] homes on my website. Would you like to tour any of them this weekend?

Hi [first name], it’s [your first name]. I noticed you signed up on my website after looking for [area] homes. Are you looking for a house or a condo?

Follow-Up Texts to Buyer Leads

Hello, [first name]! Just wanted to check in. If you find any [area] homes for sale that you like, I’d be happy to set up a viewing for you.

Hi [first name]! I see you’re still searching for [area] homes on my website. Do you have time to tour any homes this weekend?

Hello again, [first name]. Some great [bedroom count], [bathroom count] homes were just put on the market in [area]. Would you like me to send them over to you?

Hello, [first name]. I see you’ve been viewing [bedroom count], [bathroom count] [area] homes on my website, so I set you up to get alerts when new listings matching that criteria get added to the market. Let me know if you want to tour any of them!

First Contact With Referral Lead

Hi [first name] - I’m [your first name], a friend of [referral source]. I’m a real estate agent and they mentioned you’re considering buying a home. What type of home are you looking for?

Hi [first name], this is [your first name]. [Referral source] mentioned you’re looking for a new home. I’m a real estate agent - I can set up a showing if you find one you like!

Hi [first name], this is [your first name]. I’m a friend of [referral source]’s, and they mentioned you’re searching for a home. Is there a specific neighborhood you’re interested in?

Hey [first name], my name is [your first name] and [referral source] is a mutual friend. [Referral source] mentioned you’re in the market for a new home - I’m a real estate agent, so I’d be happy to help you find it. Let me know!

Seller Lead Templates

Generic First Response to Seller Lead

Hi, it’s [your first name] from [your company]. I received your inquiry about getting a home valuation. What’s the best time to call you back?

Good morning! It’s [your first name] with [your company] - happy to help sell your home. What’s a good time to call you back?

Hey [first name]! This is [your first name] with [your company]. It’s a seller’s market in [area] - let me know how I can help you sell your home.

Hi, it’s [your first name] from [your company]. Happy to answer your questions about selling your home. Let me know if you want a free home valuation.

Response to Home Valuation Request

Hi [first name], it’s [your first name] with [your company]. I’ll have your home valuation ready in a moment. What is the best way to get it to you?

Hi [first name]! Your home valuation will be ready soon. I have a few quick questions about the property before I send it over - are you available to chat now?

Hello, [first name]. I’ll send your home valuation over ASAP. What is your timeline for selling your home? It’s currently a great time to sell in [area].

Hey [first name], I’m working on your home valuation now. Would you mind if I stopped by for a few minutes to look at the property? That will help me provide an accurate valuation.

Follow-Up Texts to Seller Leads

Hi [first name]! Still considering selling your home? The selling process can be tedious, but my home selling guide will make it easier. Let me know if you want a copy.

Hi [first name]! [area] is currently a seller’s market. I’ve already sold X homes for $X or more above asking price this year. I can provide a home valuation if you want to know how much yours could sell for

Hey [first name], I just sold a home similar to yours for $X, but I bet I could sell yours for more. Let me know if you want to talk about how much yours could sell for.

Hello, [first name]. Just reaching out to let you know that [area] home values have increased X% over the last year. Let me know if you want a copy of my [area] housing market report - it’ll show you how much your home could sell for.

First Contact With Referral Lead

Hi [first name], this is [your first name]. [Referral source] mentioned you’re going to sell your home. I’m a real estate agent, so I can give you a free home valuation if you’d like one!

Hi [first name] - I’m [your first name], a friend of [referral source] and a real estate agent. They mentioned you’re considering selling your home - want me to send over a copy of my [area] housing market report?

Hey [first name], my name is [your first name] and [referral source] is a mutual friend. [Referral source] mentioned you’re thinking about selling your home. I’m a real estate agent, so I can provide a home valuation if you’re interested in how much yours could sell for.

Hi [first name], this is [your first name]. I’m a friend of [referral source]’s, and they mentioned that you’re considering selling your home. I’m a real estate agent, so I can give you a home valuation or a walkthrough of the tedious home selling process. Let me know!
 

Big Ron

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Keeping it real: lost one of my two deals from January. It was supposed to close a few days ago. Buyer could not get financing on the property due to the type of property. It was a 70-year old house mixed in with industrial area. No problems buying or selling (or renting it) until now. My buyer had to terminate for lack of lender funds. Even with $30k down on a $125k loan. No takers.

Also, got my first self-generated HomeLight lead today. It was for a home valuation to sell. This was the lead generator that I took the time to apply to about 1-2 weeks ago. Free to join, 25% referral fee IF you make the sale from the lead they send you. I sent out the valuation (CMA) today.
 

futuremills

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Great thread. Enjoying the updates! How have you been doing now that Spring is here?

How many Homelight leads would you say you get per month?

When you signed up for Homelight did they have any minimum requirements? I heard of some revshare lead companies that give agents leads for a split require the agent to have closed a certain number of deals before giving leads. They do that so they know the agent wont waste their leads. Do you have a link or a rep you recommend overthere i can talk to?

Last but not least what are you doing marketing wise for the Spring/Summer?

thanks, cant wait to read more updates!
 

Big Ron

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Great thread. Enjoying the updates! How have you been doing now that Spring is here?

How many Homelight leads would you say you get per month?

When you signed up for Homelight did they have any minimum requirements? I heard of some revshare lead companies that give agents leads for a split require the agent to have closed a certain number of deals before giving leads. They do that so they know the agent wont waste their leads. Do you have a link or a rep you recommend overthere i can talk to?

Last but not least what are you doing marketing wise for the Spring/Summer?

thanks, cant wait to read more updates!
Spring is finally picking up. Only one closing in January but placed four offers over this past week. Two were rejected yesterday. They never say why. One was countered so we countered back and won the bid. I found out on the fourth one tomorrow.

The fourth one is also selling his home. So I have him under contract as a "sale" or "listing" and if his offer is accepted tomorrow on a "buy" or "purchase" ... I call that a double.

I also have two pending that will close this month (April).

So as it stands in 2022:

Closed = 1
Failed to close = 1
Pending close = 3
Pending offer = 1
Pending Sale to close = 1
Pending sale (goes on market next week) = 1

To be clear, I had zero closings in Feb and Mar. That means no money came in at all in real estate. Then BAM, I write five offers to purchase and get two listings.

HomeLight gives me 2-3 per month. Zillow gives me a lot more but I pay to advertise on Zillow ($350/mo). Yes, they all have a rep to talk to.

Marketing-wise, for summer, my group has hired a marketing manager. He is going to work heavy on our social media presence and we hope it brings us more clients.
 
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