Groups are smaller communities within the larger ActiveRain. Join groups created by others. or start your own and
get others to join
This is the place to view the past and present contests put on by ActiveRain and its members. Everyone can join the
group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
Curious as to what others in your profession think about a certain product or tool?
AR's community takes the time to leave honest and transparent reviews of their experiences
so you can be a bit wiser about your purchase.
Broken down by categories and subcategories for easy finds
Get an unfiltered look at what real users are saying
Leave a review yourself for others to benefit from
Add new products as you use them and gain points for doing so
ActiveRain University (ARU) provides free on-line training. We coach, consult and support real estate professionals about real estate trends, technology and social media.
ARU Calendar provides class types and registration links
Watch short tutorials on updating your photo, inserting a hyperlink and much more
Sign up for the Daily Drop so you don't miss out on AR's daily happenings
Find answers to most FAQ's
Whatever it is you're into and wherever you are, AR surely has a group for you to join.
Brand, off the wall, specific subject matters…whatever it is you're looking for.
Each time you write a post you can syndicate your post to 5 groups.
And if by chance you don't find what you're looking for, start a new group today!
Get your content in front of more eyes
Search by location or type
Feel free to start your own group
Find some that are close to home and close to heart
Each month AR runs numerous contests as a way for our members to engage in activities
that will boost their business and increase their visibility in the community and beyond.
Earn points by partaking in these contest and climb the leaderboard
Do what's good for you and your business by participating
If you have an idea for a contest, just let us know
Stay motivated and on track with new contests popping up each month
Ask a Real Estate Question
Here's another avenue for you to build relationships with others. Share your expertise with someone searching for answers.
Play the teacher role and help someone out today
Your Homepage will alert you of new questions in your state
A wonderful way to open a door to a possible new client
Ask a question yourself to get help
These state pages or hyper-local pages provide content directly related to a specific geographical location.
State, County, City and Neighborhood pages make it easy for consumers to find what they're looking for.
Post your listings, school information, local events, market reports and more
Consumers peruse these pages for information
Farm your niche market and cover all the happenings in your neighborhood
As Realtors, we love closings. Our profession has the potential to pay very well. But, when the economy turns down many buyers decide to put off home purchases. They may choose to remodel, or replace worn furniture and carpet or add a pool or something that doesn't come up to the level of a new home purchase. So, where does that leave the real estate professional who is depending on commission sales for income?
We have options, and some of these options can open a whole new stream of income so that when times are lean you have a continual flow of income. Let me offer a few ideas for "off market" income. Some of us already do many of these, but some may not.
One simple choice is to do BPOs for lenders. In this market, there are many companies offering opportunities for agents to give assessments of property. You need to make sure it's legal for agents to do BPOs in your state. Some states only allow brokers to complete BPOs, and in other states only appraisers can do them. Here is a link to lead you to some great BPO providers. http://bpo-companies.com/
Finding tenants for listed rentals. If you are not interested in managing rental properties, which is another good source of agent income, you can find tenants for others. You can post an ad on Craigslist.com stating that you have available rentals in your area. I blogged on this a number of week ago in, "Are You Letting A Great Source of Income Pass You By." When I do this, I normally get 3-10 calls over a weekend. I post that on a Friday afternoon looking for clients who are seeking a rental on their days off. Finding a tenant can benefit you financially from a full month's rent to a quarter or third of a month's rent. It also provides you with potential future home buyers. It's a quick and easy way to generate income.
Propery management. You may have the temperment for managing real estate. It can be very profitable. It offers regular income once a lease is signed, and in many cases you will have limited interaction with the tenant. That is not always the case, but it often is. There are a number of excellent courses available for rental property management certifications. The Institute of Real Estate Management offers a great program to get you up and running in this field. You may also want to check your Real Estate Board to inquire about state requirements.
Property monitoring. Everyone who needs to be away from the area may not want to rent his property while away. You can monitor it for him for a fee. You make a few walk-thru trips each month while he's away. You make sure all doors and windows are still locked. You check to make sure all systems are up and running and you water the plants if he has them. You can charge a set fee per visit. It's a good steady income.
Link up with a local attorney to do assessmentsfor property he/she has in estate sales, bankruptcies and divorces. It's like doing BPOs for lenders, but you do it for a local attorney. It can often lead to listings. Local banks need this same service. It also provides income and potential listings.
Consult. You can consult in all facets of the real estate business. One area that has a high need for consultation is in the FSBO market. Most FSBOs have no idea what they are doing. They need to have some professional guidance. You can offer consultation for a fee (a good fee), and he can still sell his property by himself and save money. If it doesn't sell, he still has your business card. You may want to look at the ACRE program for real estate consulting.
Teach classes in various aspects of real estate. People will pay to learn how to do a short sale. They will also pay to understand how to buy a foreclosure. Many people like to be "in the know" when they contact an agent about these types of issues. There are so many different things you can teach. Classes can be inexpensive, but this is a place where volume counts. A hundred students at $20 is a nice $2000 check for an hour or two class. Link up with a local lender who can provide the space and swag items. If this works well for you - you may develop a following of students who you keep in touch with through drip email, newsletters, Facebook, etc. At some point they will likely become clients. There are also opportunities to become a salesperson, broker and CE class provider.
I think most agents would prefer to sell real estate as a primary source of income, but there are options. Some of these options can become major sources of income. It works like a series of streams running into a river. The more streams, the more likely the river will survive a drought.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.